TS vs. IPAR
TS (Tenaris S.A.) and IPAR (Inter Parfums, Inc.) are both stocks. TS operates in Oil & Gas Equipment & Services (Energy), while IPAR operates in Household & Personal Products (Consumer Defensive). Over the past 10 years, TS returned 11.00%/yr vs 15.60%/yr for IPAR. At a 0.28 correlation, their price movements are largely independent.
Performance
TS vs. IPAR - Performance Comparison
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Returns By Period
In the year-to-date period, TS achieves a 54.22% return, which is significantly higher than IPAR's 17.17% return. Over the past 10 years, TS has underperformed IPAR with an annualized return of 11.00%, while IPAR has yielded a comparatively higher 15.60% annualized return.
TS
- 1D
- 1.63%
- 1M
- -5.62%
- YTD
- 54.22%
- 6M
- 55.39%
- 1Y
- 65.10%
- 3Y*
- 31.84%
- 5Y*
- 25.34%
- 10Y*
- 11.00%
IPAR
- 1D
- -1.35%
- 1M
- 6.36%
- YTD
- 17.17%
- 6M
- 18.06%
- 1Y
- -23.55%
- 3Y*
- -7.57%
- 5Y*
- 8.68%
- 10Y*
- 15.60%
TS vs. IPAR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TS Tenaris S.A. | 54.22% | 4.98% | 12.88% | 2.63% | 73.26% | 34.03% | -28.87% | 9.68% | -31.51% | -6.68% |
IPAR Inter Parfums, Inc. | 17.17% | -33.59% | -6.45% | 52.00% | -7.40% | 79.01% | -16.23% | 12.74% | 53.32% | 35.12% |
Correlation
The correlation between TS and IPAR is 0.07, 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 | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Dec 16, 2002 | 0.28 |
Over the past year, the correlation between TS and IPAR has dropped to 0.07 - well below their long-term average of 0.28, suggesting their price drivers have been diverging.
Fundamentals
TS:
$14.56B
IPAR:
$3.13B
TS:
$4.26
IPAR:
$6.26
TS:
13.65
IPAR:
15.60
TS:
0.37
IPAR:
0.85
TS:
2.21
IPAR:
2.10
TS:
0.85
IPAR:
3.55
TS:
$12.16B
IPAR:
$1.49B
TS:
$3.89B
IPAR:
$955.88M
TS:
$3.16B
IPAR:
$291.43M
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Return for Risk
TS vs. IPAR — Risk / Return Rank
TS
IPAR
TS vs. IPAR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tenaris S.A. (TS) and Inter Parfums, Inc. (IPAR). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TS | IPAR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.06 | ||
| Sortino ratioReturn per unit of downside risk | +3.88 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 0.88 | +0.49 |
| Calmar ratioReturn relative to maximum drawdown | 4.93 | -0.56 | +5.49 |
| Martin ratioReturn relative to average drawdown | 12.97 | -0.81 | +13.78 |
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Drawdowns
TS vs. IPAR - Drawdown Comparison
The maximum TS drawdown since its inception was -83.34%, roughly equal to the maximum IPAR drawdown of -81.82%. Use the drawdown chart below to compare losses from any high point for TS and IPAR.
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Drawdown Indicators
| TS | IPAR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.34% | -81.82% | -1.52% |
Max Drawdown (1Y)Largest decline over 1 year | -13.28% | -42.14% | +28.86% |
Max Drawdown (3Y)Largest decline over 3 years | -29.81% | -46.41% | +16.60% |
Max Drawdown (5Y)Largest decline over 5 years | -33.71% | -46.51% | +12.80% |
Max Drawdown (10Y)Largest decline over 10 years | -76.21% | -54.94% | -21.27% |
Current DrawdownCurrent decline from peak | -9.17% | -32.55% | +23.38% |
Average DrawdownAverage peak-to-trough decline | -36.74% | -28.43% | -8.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.04% | 29.06% | -24.02% |
Volatility
TS vs. IPAR - Volatility Comparison
The current volatility for Tenaris S.A. (TS) is 9.54%, while Inter Parfums, Inc. (IPAR) has a volatility of 10.07%. This indicates that TS experiences smaller price fluctuations and is considered to be less risky than IPAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TS | IPAR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.54% | 10.07% | -0.53% |
Volatility (6M)Calculated over the trailing 6-month period | 21.71% | 21.09% | +0.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.97% | 29.75% | -0.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.65% | 33.55% | +0.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.82% | 36.90% | -0.08% |
Dividends
TS vs. IPAR - Dividend Comparison
TS's dividend yield for the trailing twelve months is around 3.06%, less than IPAR's 3.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IPAR Inter Parfums, Inc. | 3.27% | 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. | 3.06% | 2.96% | 3.55% | 3.11% | 2.56% | 2.59% | 0.88% | 3.62% | 3.85% | 4.39% | 2.41% | 3.78% |
Financials
TS vs. IPAR - Financials Comparison
This section allows you to compare key financial metrics between Tenaris S.A. and Inter Parfums, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
TS vs. IPAR - Profitability Comparison
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 - 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 - 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 - 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 - 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%.
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%.
Frequently Asked Questions
TS and IPAR have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IPAR has higher volatility (10.07%) compared to TS (9.54%). In terms of maximum drawdown, TS dropped -83.34% vs IPAR's -81.82%.
TS currently has the higher Sharpe Ratio (2.26 vs -0.80), 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.
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