Tubacex, S.A Key Executives

This section highlights Tubacex, S.A's key executives, including their titles and compensation details.

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Tubacex, S.A Earnings

This section highlights Tubacex, S.A's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: April 23, 2025
Time: Before Market
Est. EPS: $-
Status: Unconfirmed

Last Earnings Results

Date: February 28, 2025
EPS: $-0.01
Est. EPS: $-
Revenue: $226.87M

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS

Tubacex, S.A. (TUB.MC)

Tubacex, S.A., together with its subsidiaries, engages in the manufacturing and sale of stainless steel and nickel tubes in Spain and internationally. The company provides seamless stainless steel tubes, including CRA OCTG tubing and casing; aerospace, space exploration, and defense tubing; hydraulic and instrumentation tubing; subsea umbilicals; and medium and high pressure tubes. It also offers round bars, billets, and ingots; fittings, and special and machined components, such as butt welding fittings, tube bends, elbows, tees, reducers and caps; and Tubacoat, a ceramic coating for long steel and high-nickel alloy products. In addition, it provides design and simulation, logistics, repair and maintenance, and added-value services comprising shotpeening, connection threading, bending, cutting, machining and bevelling, welding, overlay, preassemblies, marking, finning, studding, polishing, grooving, lab testing, packaging, and storage services. Its products have applications in low carbon, power generation, oil and gas exploration and production, fertilizer, aerospace, hydrocarbon processing, and other industries. Tubacex, S.A. was incorporated in 1963 and is headquartered in Llodio, Spain.

Basic Materials Steel

$4.08

Stock Price

$495.90M

Market Cap

-

Employees

Llodio, None

Location

Financial Statements

Access annual & quarterly financial statements for Tubacex, S.A, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Revenue $767.54M $852.39M $714.71M $341.86M $460.53M
Cost of Revenue $301.34M $364.57M $274.10M $147.19M $230.22M
Gross Profit $466.20M $487.83M $440.62M $194.67M $230.31M
Gross Profit Ratio 60.74% 57.20% 61.65% 56.90% 50.01%
Research and Development Expenses $- $543.00K $534.00K $- $-
General and Administrative Expenses $- $19.87M $15.28M $7.83M $9.33M
Selling and Marketing Expenses $- $- $- $- $-
Selling General and Administrative Expenses $- $19.87M $15.28M $7.83M $9.33M
Other Expenses $402.67M $467.33M $- $- $-
Operating Expenses $402.67M $487.75M $396.17M $225.79M $253.81M
Cost and Expenses $704.02M $852.31M $670.26M $372.98M $484.04M
Interest Income $1.34M $1.95M $2.61M $2.34M $1.57M
Interest Expense $37.53M $33.16M $22.57M $14.57M $14.28M
Depreciation and Amortization $43.47M $44.49M $47.90M $44.52M $50.05M
EBITDA $111.00M $127.23M $97.33M $16.67M $36.41M
EBITDA Ratio 14.46% 14.93% 13.62% 4.88% 7.91%
Operating Income $63.52M $80.74M $44.45K $-31.12M $-13.57M
Operating Income Ratio 8.28% 9.47% 0.01% -9.10% -2.95%
Total Other Income Expenses Net $-33.52M $-31.16M $26.82M $-11.30M $-14.35M
Income Before Tax $30.00M $49.58M $26.87M $-42.42M $-27.92M
Income Before Tax Ratio 3.91% 5.82% 3.76% -12.41% -6.06%
Income Tax Expense $4.75M $6.76M $3.85M $-3.49M $-1.53M
Net Income $22.85M $36.33M $20.23M $-32.21M $-25.30M
Net Income Ratio 2.98% 4.26% 2.83% -9.42% -5.49%
EPS $0.19 $0.30 $0.17 $-0.26 $-0.20
EPS Diluted $0.19 $0.29 $0.16 $-0.25 $-0.19
Weighted Average Shares Outstanding 121.69M 121.11M 120.74M 123.18M 127.61M
Weighted Average Shares Outstanding Diluted 121.69M 125.28M 124.14M 126.58M 131.01M
SEC Filing Source Source Source Source Source


Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022
Revenue $226.87M $171.10M $211.47M $186.50M $210.49M $207.20M $202.57M $232.20M $187.61M
Cost of Revenue $84.18M $70.40M $85.98M $68.60M $92.27M $99.80M $70.73M $100.70M $67.60M
Gross Profit $142.68M $100.70M $125.48M $117.90M $118.23M $107.40M $131.84M $131.50M $120.02M
Gross Profit Ratio 62.89% 58.90% 59.30% 63.20% 56.20% 51.80% 65.10% 56.60% 64.00%
Research and Development Expenses $- $- $- $- $- $- $- $- $-
General and Administrative Expenses $- $- $- $- $- $- $- $- $-
Selling and Marketing Expenses $- $- $- $- $- $- $- $- $-
Selling General and Administrative Expenses $- $- $- $- $- $- $- $- $-
Other Expenses $142.68M $100.70M $106.34M $5.20M $- $3.10M $- $3.80M $95.87M
Operating Expenses $142.68M $100.70M $106.34M $109.60M $87.09M $91.00M $105.82M $116.50M $95.87M
Cost and Expenses $226.87M $171.10M $192.32M $178.20M $179.35M $190.80M $176.55M $217.20M $163.46M
Interest Income $- $- $- $- $- $- $- $- $-
Interest Expense $- $- $- $- $- $- $- $- $-
Depreciation and Amortization $12.91M $9.70M $11.21M $11.40M $11.29M $9.90M $11.60M $11.70M $12.30M
EBITDA $26.66M $25.20M $32.16M $19.70M $44.43M $26.30M $40.07M $26.70M $41.43M
EBITDA Ratio 11.75% 14.73% 15.21% 10.56% 21.11% 12.69% 19.78% 11.50% 22.08%
Operating Income $- $15.50M $19.14M $8.30M $33.14M $16.40M $28.47M $15.00M $24.15M
Operating Income Ratio 0.00% 9.06% 9.05% 4.45% 15.75% 7.92% 14.05% 6.46% 12.87%
Total Other Income Expenses Net $314.00K $-6.60M $-14.73M $-3.50M $-20.46M $-5.40M $-10.78M $-2.30M $-17.59M
Income Before Tax $314.00K $8.90M $4.41M $4.80M $10.68M $11.00M $15.24M $12.70M $6.57M
Income Before Tax Ratio 0.14% 5.20% 2.09% 2.57% 5.07% 5.31% 7.52% 5.47% 3.50%
Income Tax Expense $1.18M $- $1.18M $- $2.15M $3.20M $5.23M $- $8.31M
Net Income $-1.24M $7.70M $1.66M $4.80M $8.53M $7.80M $10.01M $12.70M $3.23M
Net Income Ratio -0.55% 4.50% 0.78% 2.57% 4.05% 3.76% 4.94% 5.47% 1.72%
EPS $-0.01 $0.06 $0.01 $0.04 $0.07 $0.06 $0.08 $0.11 $0.03
EPS Diluted $-0.01 $0.06 $0.01 $0.04 $0.07 $0.06 $0.08 $0.11 $0.03
Weighted Average Shares Outstanding 121.69M 120.84M 120.79M 120.79M 120.80M 120.81M 119.64M 118.48M 119.61M
Weighted Average Shares Outstanding Diluted 121.69M 120.84M 120.79M 120.79M 122.50M 120.81M 119.64M 118.48M 121.31M
SEC Filing Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Cash and Cash Equivalents $225.27M $159.32M $164.22M $140.49M $159.25M
Short Term Investments $11.12M $19.69M $11.21M $17.50M $26.68M
Cash and Short Term Investments $236.39M $179.01M $175.43M $157.99M $185.92M
Net Receivables $- $- $120.73M $89.32M $81.35M
Inventory $423.17M $409.55M $376.25M $309.25M $262.27M
Other Current Assets $113.66M $104.60M $126.62M $91.73M $86.34M
Total Current Assets $773.22M $693.16M $678.31M $558.97M $534.54M
Property Plant Equipment Net $343.80M $306.67M $266.79M $278.13M $308.53M
Goodwill $7.76M $7.76M $8.13M $24.60M $26.38M
Intangible Assets $109.96M $104.80M $106.25M $89.49M $89.19M
Goodwill and Intangible Assets $117.72M $112.56M $114.38M $114.10M $115.57M
Long Term Investments $-7.09M $-15.51M $-6.13M $-12.73M $-22.01M
Tax Assets $93.29M $93.56M $91.97M $85.64M $75.62M
Other Non-Current Assets $11.77M $21.01M $14.47M $17.68M $26.69M
Total Non-Current Assets $559.49M $518.29M $481.47M $482.83M $504.39M
Other Assets $- $- $- $- $-
Total Assets $1.33B $1.21B $1.16B $1.04B $1.04B
Account Payables $189.57M $250.89M $237.58M $151.22M $114.14M
Short Term Debt $323.00M $353.32M $316.70M $237.18M $246.54M
Tax Payables $4.81M $18.00M $12.09M $11.30M $8.69M
Deferred Revenue $- $- $- $- $-
Other Current Liabilities $89.22M $89.15M $76.65M $54.37M $52.73M
Total Current Liabilities $606.60M $711.37M $643.03M $454.07M $422.10M
Long Term Debt $168.41M $153.80M $184.53M $289.16M $265.23M
Deferred Revenue Non-Current $- $11.83M $11.36M $9.41M $13.60M
Deferred Tax Liabilities Non-Current $23.49M $23.65M $23.37M $23.71M $20.64M
Other Non-Current Liabilities $52.06M $17.17M $21.40M $16.26M $18.91M
Total Non-Current Liabilities $243.96M $206.45M $240.66M $338.54M $318.38M
Other Liabilities $- $- $- $- $-
Total Liabilities $850.56M $917.82M $883.69M $792.60M $740.48M
Preferred Stock $- $- $- $- $-
Common Stock $56.95M $56.95M $58.04M $58.04M $59.84M
Retained Earnings $22.85M $36.33M $20.23M $-32.21M $-25.30M
Accumulated Other Comprehensive Income Loss $- $- $- $- $-
Other Total Stockholders Equity $298.23M $146.76M $143.21M $171.59M $206.32M
Total Stockholders Equity $378.03M $240.04M $221.48M $197.41M $240.86M
Total Equity $482.15M $293.64M $276.09M $249.19M $298.44M
Total Liabilities and Stockholders Equity $1.33B $1.21B $1.16B $1.04B $1.04B
Minority Interest $104.12M $53.59M $54.61M $51.77M $57.58M
Total Liabilities and Total Equity $1.33B $1.21B $1.16B $1.04B $1.04B
Total Investments $4.03M $4.19M $5.08M $4.77M $4.66M
Total Debt $491.41M $507.13M $501.23M $526.33M $511.78M
Net Debt $266.14M $347.81M $337.01M $385.85M $352.53M


Balance Sheet Charts

Breakdown December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 June 30, 2023 March 31, 2023 December 31, 2022
Cash and Cash Equivalents $225.27M $139.20M $126.87M $117.80M $159.32M $131.30M $132.35M $169.70M $-
Short Term Investments $11.12M $- $14.55M $- $19.69M $- $14.57M $- $11.21M
Cash and Short Term Investments $236.39M $139.20M $141.42M $117.80M $179.01M $131.30M $146.93M $169.70M $11.21M
Net Receivables $- $- $- $112.60M $101.75M $104.90M $126.33M $137.90M $164.22M
Inventory $423.17M $439.30M $440.49M $444.00M $409.55M $402.60M $407.47M $383.90M $-
Other Current Assets $113.66M $129.70M $121.49M $5.10M $104.60M $8.90M $133.69M $9.00M $126.62M
Total Current Assets $773.22M $708.20M $703.40M $679.50M $693.16M $647.70M $688.09M $700.50M $11.21M
Property Plant Equipment Net $343.80M $326.10M $318.39M $313.40M $306.67M $289.70M $274.86M $271.10M $-
Goodwill $7.76M $- $- $- $7.76M $- $7.99M $- $8.13M
Intangible Assets $109.96M $- $- $- $104.80M $- $102.17M $- $106.25M
Goodwill and Intangible Assets $117.72M $114.30M $112.63M $110.60M $112.56M $111.40M $110.16M $111.00M $114.38M
Long Term Investments $-7.09M $- $-9.98M $- $-15.51M $- $-10.16M $- $-
Tax Assets $93.29M $- $94.34M $- $93.56M $- $92.68M $- $91.97M
Other Non-Current Assets $11.77M $99.30M $15.63M $99.50M $21.01M $100.30M $16.90M $100.30M $-206.35M
Total Non-Current Assets $559.49M $539.70M $531.01M $523.50M $518.29M $501.40M $484.43M $482.40M $206.35M
Other Assets $- $- $- $-100.00K $- $-100.00K $- $-100.00K $-
Total Assets $1.33B $1.25B $1.23B $1.20B $1.21B $1.15B $1.17B $1.18B $-
Account Payables $189.57M $202.50M $300.95M $249.00M $250.89M $243.00M $259.45M $258.60M $237.58M
Short Term Debt $323.00M $417.70M $398.09M $374.10M $353.32M $317.10M $342.69M $353.10M $316.70M
Tax Payables $4.81M $- $- $- $18.00M $- $- $- $12.09M
Deferred Revenue $- $- $- $1.40M $- $3.00M $- $2.90M $-
Other Current Liabilities $89.22M $94.80M $24.30M $90.70M $89.15M $103.70M $112.89M $109.10M $-566.37M
Total Current Liabilities $606.60M $715.00M $723.34M $715.20M $711.37M $666.80M $715.02M $723.70M $-
Long Term Debt $168.41M $164.30M $138.66M $107.80M $153.80M $105.30M $115.31M $103.30M $184.53M
Deferred Revenue Non-Current $- $- $45.03M $- $11.83M $- $23.78M $- $11.36M
Deferred Tax Liabilities Non-Current $23.49M $- $26.18M $- $23.65M $- $26.06M $- $23.37M
Other Non-Current Liabilities $52.06M $78.70M $9.47M $80.90M $17.17M $84.40M $10.53M $76.40M $-184.53M
Total Non-Current Liabilities $243.96M $243.00M $219.34M $188.70M $206.45M $189.70M $175.68M $179.70M $34.73M
Other Liabilities $- $- $- $- $- $- $- $- $-
Total Liabilities $850.56M $958.00M $942.68M $903.90M $917.82M $856.50M $890.70M $903.40M $34.73M
Preferred Stock $- $- $- $- $- $- $- $- $-
Common Stock $56.95M $- $56.95M $- $56.95M $- $58.04M $- $58.04M
Retained Earnings $22.85M $- $6.46M $- $36.33M $- $20.00M $- $20.23M
Accumulated Other Comprehensive Income Loss $- $- $- $- $- $- $- $- $-
Other Total Stockholders Equity $298.23M $236.10M $173.96M $244.40M $146.76M $239.40M $150.12M $228.00M $-
Total Stockholders Equity $378.03M $236.10M $237.37M $244.40M $240.04M $239.40M $228.17M $228.00M $78.27M
Total Equity $482.15M $289.90M $291.73M $299.00M $293.64M $292.50M $281.82M $279.40M $78.27M
Total Liabilities and Stockholders Equity $1.33B $1.25B $1.23B $1.20B $1.21B $1.15B $1.17B $1.18B $-
Minority Interest $104.12M $53.80M $54.37M $54.60M $53.59M $53.10M $53.66M $51.40M $-
Total Liabilities and Total Equity $1.33B $1.25B $1.23B $1.20B $1.21B $1.15B $1.17B $1.18B $-
Total Investments $4.03M $99.20M $4.57M $99.40M $4.19M $100.30M $4.41M $100.30M $11.21M
Total Debt $491.41M $582.00M $536.75M $481.90M $507.13M $422.40M $457.99M $456.40M $-
Net Debt $266.14M $442.80M $409.88M $364.10M $347.81M $291.10M $325.64M $286.70M $-

Annual Cash Flow

Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Net Income $30.00M $49.58M $26.87M $-42.42M $-27.92M
Depreciation and Amortization $43.47M $44.49M $47.90M $44.52M $50.05M
Deferred Income Tax $- $- $- $- $-
Stock Based Compensation $- $- $- $- $-
Change in Working Capital $-67.79M $2.98M $12.59M $-15.03M $-26.40M
Accounts Receivables $- $16.63M $- $- $-
Inventory $- $-40.02M $-64.82M $-66.65M $46.93M
Accounts Payables $- $- $- $- $-
Other Working Capital $-67.79M $26.37M $- $- $-
Other Non Cash Items $-40.66M $-5.91M $19.95M $12.23M $-318.00K
Net Cash Provided by Operating Activities $-34.98M $91.15M $87.61M $-23.93M $-8.83M
Investments in Property Plant and Equipment $-86.96M $-56.38M $-26.79M $-26.73M $-24.66M
Acquisitions Net $- $- $- $17.83M $-9.38M
Purchases of Investments $- $- $- $- $-
Sales Maturities of Investments $- $- $- $- $-
Other Investing Activities $1.34M $-4.61M $1.75M $-70.00K $-
Net Cash Used for Investing Activities $-85.62M $-60.98M $-22.43M $-6.64M $-25.01M
Debt Repayment $20.21M $-19.62M $-32.98M $15.09M $60.14M
Common Stock Issued $1.77M $183.00K $- $- $-
Common Stock Repurchased $- $- $-5.12M $-4.04M $-5.33M
Dividends Paid $-14.50M $-8.09M $- $- $-
Other Financing Activities $176.41M $-7.59M $- $- $-
Net Cash Used Provided by Financing Activities $183.89M $-35.12M $-38.10M $11.05M $54.81M
Effect of Forex Changes on Cash $2.67M $54.00K $-3.35M $755.00K $-4.34M
Net Change in Cash $65.95M $-4.90M $23.73M $-18.76M $16.63M
Cash at End of Period $225.27M $159.32M $164.22M $140.49M $159.25M
Cash at Beginning of Period $159.32M $164.22M $140.49M $159.25M $142.61M
Operating Cash Flow $-34.98M $91.15M $87.61M $-23.93M $-8.83M
Capital Expenditure $-86.96M $-62.93M $-26.79M $-26.73M $-24.66M
Free Cash Flow $-121.94M $28.22M $60.82M $-50.66M $-33.49M

Cash Flow Charts

Breakdown
Net Income
Depreciation and Amortization
Deferred Income Tax
Stock Based Compensation
Change in Working Capital
Accounts Receivables
Inventory
Accounts Payables
Other Working Capital
Other Non Cash Items
Net Cash Provided by Operating Activities
Investments in Property Plant and Equipment
Acquisitions Net
Purchases of Investments
Sales Maturities of Investments
Other Investing Activities
Net Cash Used for Investing Activities
Debt Repayment
Common Stock Issued
Common Stock Repurchased
Dividends Paid
Other Financing Activities
Net Cash Used Provided by Financing Activities
Effect of Forex Changes on Cash
Net Change in Cash
Cash at End of Period
Cash at Beginning of Period
Operating Cash Flow
Capital Expenditure
Free Cash Flow

Tubacex, S.A Dividends

Explore Tubacex, S.A's dividend history, including dividend yield, payout ratio, and historical payments.

Dividend Yield

3.65%

Dividend Payout Ratio

63.45%

Dividend Paid & Capex Coverage Ratio

-0.34x

Tubacex, S.A Dividend History

Dividend Adjusted Dividend Date Record Date Payment Date Declaration Date
$0.1181 $0.1181 July 02, 2024
$0.063 $0.063 June 02, 2023
$0.023 $0.023 May 30, 2019
$0.023 $0.023 January 16, 2019
$0.0259 $0.0259 June 01, 2016
$0.050097 $0.050097 July 01, 2015
$0.0231 $0.0231 January 20, 2015
$0.023149 $0.023149 July 01, 2014
$0.023 $0.023 November 11, 2013
$0.0043 $0.0043 July 01, 2013
$0.023 $0.023 April 15, 2013
$0.10131 $0.10131 July 15, 2009
$0.1513 $0.1513 July 15, 2008
$0.0944 $0.0944 July 13, 2007
$0.0233 $0.0233 September 15, 2006
$0.0543 $0.0543 July 14, 2006
$0.014433 $0.014433 September 15, 2005
$0.037114 $0.037114 July 15, 2005
$0.018466 $0.018466 July 15, 2004
$0.042614 $0.042614 July 15, 2003

Tubacex, S.A News

Read the latest news about Tubacex, S.A, including recent articles, headlines, and updates.

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