• Tenaris S.A average return on assets for 2023 was 19.41, a 50.93% decline from 2022.
• Tenaris S.A average return on assets for 2022 was 12.86, a 185.14% increase from 2021.
• Tenaris S.A average return on assets for 2021 was 4.51, a 239.63% increase from 2020.

Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.