• Tenaris S.A average return on equity for 2023 was 23.96, a 51.65% decline from 2022.
• Tenaris S.A average return on equity for 2022 was 15.8, a 189.38% increase from 2021.
• Tenaris S.A average return on equity for 2021 was 5.46, a 238.23% increase from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.