IPAR vs. TS

Last updated Jun 3, 2026

IPAR (Inter Parfums, Inc.) and TS (Tenaris S.A.) are both stocks. IPAR operates in Household & Personal Products (Consumer Defensive), while TS operates in Oil & Gas Equipment & Services (Energy). Over the past 10 years, IPAR returned 14.07%/yr vs 12.57%/yr for TS. At a 0.28 correlation, their price movements are largely independent.

Performance

IPAR vs. TS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Inter Parfums, Inc. (IPAR) and Tenaris S.A. (TS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IPAR achieves a 9.11% return, which is significantly lower than TS's 69.33% return. Over the past 10 years, IPAR has outperformed TS with an annualized return of 14.07%, while TS has yielded a comparatively lower 12.57% annualized return.

IPAR

• 1D: -0.70%
• 1M: 0.02%
• YTD: 9.11%
• 6M: 15.72%
• 1Y: -30.54%
• 3Y*: -9.11%
• 5Y*: 6.14%
• 10Y*: 14.07%

TS

• 1D: 1.96%
• 1M: 2.21%
• YTD: 69.33%
• 6M: 63.63%
• 1Y: 87.08%
• 3Y*: 38.28%
• 5Y*: 26.22%
• 10Y*: 12.57%

*Multi-year figures are annualized to reflect compound growth (CAGR)

IPAR vs. TS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IPAR Inter Parfums, Inc.	9.11%	-33.59%	-6.45%	52.00%	-7.40%	79.01%	-16.23%	12.74%	53.32%	35.12%
TS Tenaris S.A.	69.33%	4.98%	12.88%	2.63%	73.26%	34.03%	-28.87%	9.68%	-31.51%	-6.68%

Correlation

The correlation between IPAR and TS is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (10Y) Calculated over the trailing 10-year period	0.25
Correlation (All Time) Calculated using the full available price history since Dec 17, 2002	0.28

The correlation between IPAR and TS shifts across timeframes, from 0.10 (1 year) to 0.28 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap IPAR : $2.94B TS : $15.98B
EPS IPAR : $6.26 TS : $4.26
PE Ratio IPAR : 14.65 TS : 14.99
PEG Ratio IPAR : 0.80 TS : 0.41
PS Ratio IPAR : 1.97 TS : 2.43
PB Ratio IPAR : 3.33 TS : 0.94
Total Revenue (TTM) IPAR : $1.49B TS : $12.16B
Gross Profit (TTM) IPAR : $955.88M TS : $3.89B
EBITDA (TTM) IPAR : $291.43M TS : $3.16B

Return for Risk

IPAR vs. TS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IPAR

IPAR Risk / Return Rank: 10
IPAR Sharpe Ratio Rank: 3
IPAR Sortino Ratio Rank: 6
IPAR Omega Ratio Rank: 7
IPAR Calmar Ratio Rank: 14
IPAR Martin Ratio Rank: 19

TS

TS Risk / Return Rank: 94
TS Sharpe Ratio Rank: 94
TS Sortino Ratio Rank: 93
TS Omega Ratio Rank: 92
TS Calmar Ratio Rank: 95
TS Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IPAR vs. TS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Inter Parfums, Inc. (IPAR) and Tenaris S.A. (TS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	IPAR	TS	Difference
Sharpe ratio Return per unit of total volatility	-1.07	3.11	-4.18
Sortino ratio Return per unit of downside risk	-1.45	3.75	-5.20
Omega ratio Gain probability vs. loss probability	0.83	1.49	-0.67
Calmar ratio Return relative to maximum drawdown	-0.71	7.34	-8.05
Martin ratio Return relative to average drawdown	-1.04	19.88	-20.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IPAR vs. TS - Sharpe Ratio Comparison

The current IPAR Sharpe Ratio is -1.07, which is lower than the TS Sharpe Ratio of 3.11. The chart below compares the historical Sharpe Ratios of IPAR and TS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IPAR	TS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.07	3.11	-4.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.19	0.78	-0.60
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.38	0.34	+0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.41	-0.10

Drawdowns

IPAR vs. TS - Drawdown Comparison

The maximum IPAR drawdown since its inception was -81.82%, roughly equal to the maximum TS drawdown of -83.34%. Use the drawdown chart below to compare losses from any high point for IPAR and TS.

Drawdown Indicators

	IPAR	TS	Difference
Max Drawdown Largest peak-to-trough decline	-81.82%	-83.34%	+1.52%
Max Drawdown (1Y) Largest decline over 1 year	-43.01%	-13.28%	-29.73%
Max Drawdown (3Y) Largest decline over 3 years	-46.41%	-29.81%	-16.60%
Max Drawdown (5Y) Largest decline over 5 years	-46.51%	-33.71%	-12.80%
Max Drawdown (10Y) Largest decline over 10 years	-54.94%	-76.21%	+21.27%
Current Drawdown Current decline from peak	-37.19%	0.00%	-37.19%
Average Drawdown Average peak-to-trough decline	-28.43%	-36.82%	+8.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.29%	4.91%	+24.38%

Volatility

IPAR vs. TS - Volatility Comparison

Inter Parfums, Inc. (IPAR) and Tenaris S.A. (TS) have volatilities of 9.87% and 10.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IPAR	TS	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.87%	10.13%	-0.26%
Volatility (6M) Calculated over the trailing 6-month period	19.53%	20.82%	-1.29%
Volatility (1Y) Calculated over the trailing 1-year period	28.66%	28.65%	+0.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.36%	33.60%	-0.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.84%	36.87%	-0.03%

Dividends

IPAR vs. TS - Dividend Comparison

IPAR's dividend yield for the trailing twelve months is around 3.49%, more than TS's 2.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IPAR Inter Parfums, Inc.	3.49%	3.77%	2.28%	1.74%	2.07%	0.94%	0.55%	1.59%	1.38%	1.66%	1.89%	2.18%
TS Tenaris S.A.	2.79%	2.96%	3.55%	3.11%	2.56%	2.59%	0.88%	3.62%	3.85%	4.39%	2.41%	3.78%

Financials

IPAR vs. TS - Profitability Comparison

The chart below illustrates the profitability comparison between Inter Parfums, Inc. and Tenaris S.A. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

IPAR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Inter Parfums, Inc. reported a gross profit of 224.64M and revenue of 344.89M. Therefore, the gross margin over that period was 65.1%.

TS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tenaris S.A. reported a gross profit of 1.05B and revenue of 3.11B. Therefore, the gross margin over that period was 33.9%.

IPAR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Inter Parfums, Inc. reported an operating income of 74.13M and revenue of 344.89M, resulting in an operating margin of 21.5%.

TS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tenaris S.A. reported an operating income of 585.67M and revenue of 3.11B, resulting in an operating margin of 18.8%.

IPAR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Inter Parfums, Inc. reported a net income of 75.21M and revenue of 344.89M, resulting in a net margin of 21.8%.

TS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tenaris S.A. reported a net income of 542.67M and revenue of 3.11B, resulting in a net margin of 17.4%.

Frequently Asked Questions

Can I hold both IPAR and TS in my portfolio?

IPAR and TS have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IPAR or TS?

TS has higher volatility (10.13%) compared to IPAR (9.87%). In terms of maximum drawdown, IPAR dropped -81.82% vs TS's -83.34%.

Which has better risk-adjusted returns?

TS currently has the higher Sharpe Ratio (3.11 vs -1.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.