TS vs. WMB: Tenaris vs. Williams Stock Comparison

November 11, 2026

How do Tenaris (TS) and Williams (WMB) 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 Williams (WMB) both fall under the Energy industry group, but TS is classified in Energy Equipment & Services while WMB is classified in Oil, Gas & Consumable Fuels.

Williams (WMB) 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.

Company profile comparison for Tenaris (TS) and Williams (WMB)
Profile Item	TS	WMB
Name	Tenaris S.A. American Depositary Shares	The Williams Companies, Inc.
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 Storage & Transportation
Market Capitalization	29.71 billion USD	80.11 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	December 16, 2002	December 31, 1981
Security Type	ADR	Common Stock

Price Performance

Cumulative Growth

WMB

GSPC

Tenaris (TS) vs. Williams (WMB), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Tenaris (TS) and Williams (WMB). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Tenaris (TS) and Williams (WMB). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Tenaris (TS) and Williams (WMB)
Metric	TS	WMB
Total Return (1Y)	49.29%	14.81%
Total Return (3Y, Annualized)	24.84%	28.70%
Total Return (5Y, Annualized)	22.48%	23.72%

Risk Profile

Drawdown History

WMB

GSPC

Tenaris (TS) vs. Williams (WMB), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Tenaris (TS) and Williams (WMB). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Tenaris (TS) and Williams (WMB)
Metric	TS	WMB
Volatility (1Y, Annualized)	29.07%	26.38%
Beta (5Y)	0.88	0.65
Max Drawdown (5Y)	-33.71%	-23.01%
Avg. Volume (3M)	1.24M	7.88M

Risk-Adjusted Performance

Risk-Return Positioning

TS and WMB are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Tenaris (TS) and Williams (WMB)
Metric	TS	WMB
Sharpe Ratio (1Y)	1.55	0.40
Sortino Ratio (1Y)	2.30	0.56

Profitability

ROE (TTM)

Both Tenaris (TS) at 11.86% and Williams (WMB) at 18.31% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

TS

Energy industry group

11.86%

Max: 53.85%
Q3: 24.79%
Median: 12.85%
TS: 11.86%
Q1: 2.03%
Min: -29.09%

WMB

Energy industry group

18.31%

Max: 53.85%
Q3: 24.79%
WMB: 18.31%
Median: 12.85%
Q1: 2.03%
Min: -29.09%

Tenaris (TS) vs. Williams (WMB): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Williams (WMB) at 24.66% retains a top-quartile share of revenue as profit, ahead of Tenaris (TS) at 16.24%, which keeps about the industry-typical share.

TS

Energy industry group

16.24%

Max: 56.92%
Q3: 22.92%
TS: 16.24%
Median: 10.10%
Q1: 0.07%
Min: -27.38%

WMB

Energy industry group

24.66%

Max: 56.92%
WMB: 24.66%
Q3: 22.92%
Median: 10.10%
Q1: 0.07%
Min: -27.38%

Tenaris (TS) vs. Williams (WMB): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Both Tenaris (TS) at 19.26% and Williams (WMB) at 32.69% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

TS

Energy industry group

19.26%

Max: 71.31%
Q3: 33.75%
TS: 19.26%
Median: 18.73%
Q1: 6.94%
Min: -24.52%

WMB

Energy industry group

32.69%

Max: 71.31%
Q3: 33.75%
WMB: 32.69%
Median: 18.73%
Q1: 6.94%
Min: -24.52%

Tenaris (TS) vs. Williams (WMB): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Tenaris (TS) and Williams (WMB)
Metric	TS	WMB
ROE (TTM)	11.86%	18.31%
ROA (TTM)	6.69%	4.59%
Net Margin (TTM)	16.24%	24.66%
Operating Margin (TTM)	19.26%	32.69%
Gross Margin (TTM)	38.54%	63.05%

Growth

Revenue Growth

Both Tenaris (TS) at -4.33% and Williams (WMB) at 13.78% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Tenaris (TS) vs. Williams (WMB): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Tenaris (TS) at 1.11% and Williams (WMB) at 17.58% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Tenaris (TS) vs. Williams (WMB): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Tenaris (TS) and Williams (WMB)
Metric	TS	WMB
Revenue Growth (YoY)	-4.33%	13.78%
Revenue Growth (3Y CAGR)	0.62%	2.91%
EPS Growth (YoY)	1.11%	17.58%
EPS Growth (3Y CAGR)	-5.38%	8.62%

Financial Strength

Current Ratio (MRQ)

Tenaris (TS) at 3.25 carries current ratio above its industry’s typical mid-range, while Williams (WMB) at 0.75 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

TS

Energy industry group

3.25

Max: 3.64
TS: 3.25
Q3: 2.21
Median: 1.41
Q1: 0.88
Min: 0.24

WMB

Energy industry group

0.75

Max: 3.64
Q3: 2.21
Median: 1.41
Q1: 0.88
WMB: 0.75
Min: 0.24

Tenaris (TS) vs. Williams (WMB): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Tenaris (TS) at 0.03 keeps leverage in the lower quartile, while Williams (WMB) at 1.58 sits in the higher-leverage quartile.

TS

Energy industry group

0.03

Max: 1.75
Q3: 0.93
Median: 0.54
Q1: 0.30
TS: 0.03
Min: 0.00

WMB

Energy industry group

1.58

Max: 1.75
WMB: 1.58
Q3: 0.93
Median: 0.54
Q1: 0.30
Min: 0.00

Tenaris (TS) vs. Williams (WMB): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Tenaris (TS) and Williams (WMB)
Metric	TS	WMB
Current Ratio (MRQ)	3.25	0.75
Debt / Equity (MRQ)	0.03	1.58
Net Debt / EBITDA	-0.90	4.58

Dividends

Dividend Yield (TTM)

Both Tenaris (TS) at 2.11% and Williams (WMB) at 3.23% 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%

WMB

Energy industry group

3.23%

Max: 8.57%
Q3: 3.58%
WMB: 3.23%
Median: 1.71%
Q1: 0.00%
Min: 0.00%

Tenaris (TS) vs. Williams (WMB): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Tenaris (TS) at 45.64% pays out a band-typical share of earnings, while Williams (WMB) at 81.69% distributes more than its industry norm — less retained, thinner cover.

TS

Energy industry group

45.64%

Max: 133.24%
Q3: 53.31%
TS: 45.64%
Median: 25.24%
Q1: 0.00%
Min: 0.00%

WMB

Energy industry group

81.69%

Max: 133.24%
WMB: 81.69%
Q3: 53.31%
Median: 25.24%
Q1: 0.00%
Min: 0.00%

Tenaris (TS) vs. Williams (WMB): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Tenaris (TS) and Williams (WMB)
Metric	TS	WMB
Dividend Yield (TTM)	2.11%	3.23%
Dividend Payout Ratio (TTM)	45.64%	81.69%

Valuation

P/E Ratio (TTM)

Tenaris (TS) at 15.09 is near its industry’s usual P/E ratio, while Williams (WMB) at 25.23 sits in the richer quartile — WMB needs stronger growth or earnings quality to justify the premium.

TS

Energy industry group

15.09

Max: 39.54
Q3: 21.72
TS: 15.09
Median: 12.19
Q1: 7.71
Min: 2.99

WMB

Energy industry group

25.23

Max: 39.54
WMB: 25.23
Q3: 21.72
Median: 12.19
Q1: 7.71
Min: 2.99

Tenaris (TS) vs. Williams (WMB): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

Tenaris (TS) at 2.44 prices around its industry’s typical P/S ratio, while Williams (WMB) at 6.32 clears its benchmark range — WMB looks notably rich on sales.

TS

Energy industry group

2.44

Max: 5.40
Q3: 2.85
TS: 2.44
Median: 1.69
Q1: 0.88
Min: 0.00

WMB

Energy industry group

6.32

WMB: 6.32
Max: 5.40
Q3: 2.85
Median: 1.69
Q1: 0.88
Min: 0.00

Tenaris (TS) vs. Williams (WMB): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: Tenaris (TS) at 3.53 sits in the upper P/B ratio quartile, and Williams (WMB) at 5.11 prices even higher, above its industry range.

TS

Energy industry group

3.53

Max: 4.21
TS: 3.53
Q3: 2.38
Median: 1.51
Q1: 1.08
Min: 0.01

WMB

Energy industry group

5.11

WMB: 5.11
Max: 4.21
Q3: 2.38
Median: 1.51
Q1: 1.08
Min: 0.01

Tenaris (TS) vs. Williams (WMB): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Tenaris (TS) and Williams (WMB)
Metric	TS	WMB
P/E Ratio (TTM)	15.09	25.23
P/S Ratio (TTM)	2.44	6.32
P/B Ratio (MRQ)	3.53	5.11
Free Cash Flow Yield (TTM)	6.50%	-3.56%