TS vs. VG: Tenaris vs. Venture Global Stock Comparison
How do Tenaris (TS) and Venture Global (VG) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Tenaris (TS) and Venture Global (VG) both fall under the Energy industry group, but TS is classified in Energy Equipment & Services while VG is classified in Oil, Gas & Consumable Fuels.
Tenaris (TS) carries decades of public-market history since December 16, 2002, while Venture Global (VG) listed on January 24, 2025 — long-window comparisons have far more historical data on the TS side.
Venture Global (VG) trades as ordinary local shares, while Tenaris (TS) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | TS | VG |
|---|---|---|
| Name | Tenaris S.A. American Depositary Shares | Venture Global Inc. Class A |
| Country/Region | Luxembourg | United States |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Energy Equipment & Services | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Oil & Gas Equipment & Services | Oil & Gas Exploration & Production |
| Market Capitalization | 29.71 billion USD | 28.83 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | December 16, 2002 | January 24, 2025 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | TS | VG |
|---|---|---|
| Total Return (1Y) | 49.29% | 49.08% |
| Total Return (3Y, Annualized) | 24.84% | -- |
| Total Return (5Y, Annualized) | 22.48% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | TS | VG |
|---|---|---|
| Volatility (1Y, Annualized) | 29.07% | 75.79% |
| Beta (5Y) | 0.88 | 0.48 |
| Max Drawdown (5Y) | -33.71% | -75.16% |
| Avg. Volume (3M) | 1.24M | 14.78M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | TS | VG |
|---|---|---|
| Sharpe Ratio (1Y) | 1.55 | 0.59 |
| Sortino Ratio (1Y) | 2.30 | 0.90 |
Profitability
ROE (TTM)
Venture Global (VG) at 33.64% sits in the top ROE quartile, while Tenaris (TS) at 11.86% is closer to the peer norm — stronger capital efficiency for VG.
TS
Energy industry group
11.86%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- TS
- 11.86%
- Q1
- 2.03%
- Min
- -29.09%
VG
Energy industry group
33.64%
- Max
- 53.85%
- VG
- 33.64%
- Q3
- 24.79%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Both Tenaris (TS) at 16.24% and Venture Global (VG) at 22.05% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
TS
Energy industry group
16.24%
- Max
- 56.92%
- Q3
- 22.92%
- TS
- 16.24%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
VG
Energy industry group
22.05%
- Max
- 56.92%
- Q3
- 22.92%
- VG
- 22.05%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Venture Global (VG) at 47.79% operates in the top operating margin quartile, ahead of Tenaris (TS) at 19.26%, which runs around its industry’s norm.
TS
Energy industry group
19.26%
- Max
- 71.31%
- Q3
- 33.75%
- TS
- 19.26%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
VG
Energy industry group
47.79%
- Max
- 71.31%
- VG
- 47.79%
- Q3
- 33.75%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | TS | VG |
|---|---|---|
| ROE (TTM) | 11.86% | 33.64% |
| ROA (TTM) | 6.69% | 7.38% |
| Net Margin (TTM) | 16.24% | 22.05% |
| Operating Margin (TTM) | 19.26% | 47.79% |
| Gross Margin (TTM) | 38.54% | 46.92% |
Growth
Revenue Growth
Venture Global (VG) at 176.93% clears its industry range for revenue growth, far stronger top-line momentum than Tenaris (TS) at -4.33%, which is closer to a typical peer reading.
EPS Growth
Venture Global (VG) at 41.08% sits in the top EPS growth quartile, while Tenaris (TS) at 1.11% is closer to the peer norm — faster per-share earnings growth for VG.
Growth Metrics
| Metric | TS | VG |
|---|---|---|
| Revenue Growth (YoY) | -4.33% | 176.93% |
| Revenue Growth (3Y CAGR) | 0.62% | 28.77% |
| EPS Growth (YoY) | 1.11% | 41.08% |
| EPS Growth (3Y CAGR) | -5.38% | 6.05% |
Financial Strength
Current Ratio (MRQ)
Venture Global (VG) at 1.19 keeps current ratio within its industry’s typical mid-range, while Tenaris (TS) at 3.25 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
TS
Energy industry group
3.25
- Max
- 3.64
- TS
- 3.25
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- Min
- 0.24
VG
Energy industry group
1.19
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- VG
- 1.19
- Q1
- 0.88
- Min
- 0.24
Debt / Equity (MRQ)
Tenaris (TS) at 0.03 keeps leverage in the lower quartile, while Venture Global (VG) at 3.55 is above its industry debt-to-equity ratio range.
TS
Energy industry group
0.03
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- TS
- 0.03
- Min
- 0.00
VG
Energy industry group
3.55
- VG
- 3.55
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | TS | VG |
|---|---|---|
| Current Ratio (MRQ) | 3.25 | 1.19 |
| Debt / Equity (MRQ) | 0.03 | 3.55 |
| Net Debt / EBITDA | -0.90 | 5.40 |
Dividends
Dividend Yield (TTM)
Both Tenaris (TS) at 2.11% and Venture Global (VG) at 0.61% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
TS
Energy industry group
2.11%
- Max
- 8.57%
- Q3
- 3.58%
- TS
- 2.11%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
VG
Energy industry group
0.61%
- Max
- 8.57%
- Q3
- 3.58%
- Median
- 1.71%
- VG
- 0.61%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Tenaris (TS) at 45.64% and Venture Global (VG) at 5.51% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
TS
Energy industry group
45.64%
- Max
- 133.24%
- Q3
- 53.31%
- TS
- 45.64%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
VG
Energy industry group
5.51%
- Max
- 133.24%
- Q3
- 53.31%
- Median
- 25.24%
- VG
- 5.51%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | TS | VG |
|---|---|---|
| Dividend Yield (TTM) | 2.11% | 0.61% |
| Dividend Payout Ratio (TTM) | 45.64% | 5.51% |
Valuation
P/E Ratio (TTM)
Both Tenaris (TS) at 15.09 and Venture Global (VG) at 9.08 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
TS
Energy industry group
15.09
- Max
- 39.54
- Q3
- 21.72
- TS
- 15.09
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
VG
Energy industry group
9.08
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- VG
- 9.08
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
On P/S ratio, both Tenaris (TS) at 2.44 and Venture Global (VG) at 1.70 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
TS
Energy industry group
2.44
- Max
- 5.40
- Q3
- 2.85
- TS
- 2.44
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
VG
Energy industry group
1.70
- Max
- 5.40
- Q3
- 2.85
- VG
- 1.70
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
Both Tenaris (TS) at 3.53 and Venture Global (VG) at 3.36 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.
TS
Energy industry group
3.53
- Max
- 4.21
- TS
- 3.53
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
VG
Energy industry group
3.36
- Max
- 4.21
- VG
- 3.36
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | TS | VG |
|---|---|---|
| P/E Ratio (TTM) | 15.09 | 9.08 |
| P/S Ratio (TTM) | 2.44 | 1.70 |
| P/B Ratio (MRQ) | 3.53 | 3.36 |
| Free Cash Flow Yield (TTM) | 6.50% | -29.96% |