• Tenaris S.A average return on investment for 2023 was 23.89, a 51.88% decline from 2022.
• Tenaris S.A average return on investment for 2022 was 15.73, a 194.57% increase from 2021.
• Tenaris S.A average return on investment for 2021 was 5.34, a 237.28% increase from 2020.

Roi - return on investment can be defined as an indicator of how profitable a company is relative to its assets invested by shareholders and long-term bond holders. Calculated by dividing a company's operating earnings by its long-term debt and shareholders equity.