Tenaris S.A Gross Margin 2010-2025 | TS
- Tenaris S.A average gross margin for 2024 was 37.25%, a 12.17% decline from 2023.
- Tenaris S.A average gross margin for 2023 was 42.41%, a 18.43% decline from 2022.
- Tenaris S.A average gross margin for 2022 was 35.81%, a 45.93% increase from 2021.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.