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v3.26.1

Note 1 - Segment Information - Reportable Operating Segments (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2025 | Dec. 31, 2024 | Dec. 31, 2023
Disclosure of operating segments [line items] |  |  |
Operating income | $ 2,283,216 | $ 2,418,849 | $ 4,316,408
Financial income (expense), net | 132,641 | 129,056 | 220,977
Income before equity in earnings of non-consolidated companies and income tax | 2,415,857 | 2,547,905 | 4,537,385
Equity in earnings of non-consolidated companies | 58,038 | 8,548 | 95,404
Income before income tax | 2,473,895 | 2,556,453 | 4,632,789
Net Sales | 11,981,157 | 12,523,934 | 14,868,860
Tubes [member] |  |  |
Disclosure of operating segments [line items] |  |  |
Management view - operating income | 2,163,000 | 2,391,000 | 4,337,000
Net Sales | 11,400,000 | 11,907,000 | 14,185,000
Depreciation and amortization | 594,000 | 580,000 | 518,000
All other segments [member] |  |  |
Disclosure of operating segments [line items] |  |  |
Management view - operating income | 108,000 | 143,000 | 129,000
Net Sales | 581,000 | 617,000 | 684,000
Depreciation and amortization | 22,000 | 53,000 | 31,000
Reportable segments [member] |  |  |
Disclosure of operating segments [line items] |  |  |
Management view - operating income | 2,271,000 | 2,534,000 | 4,466,000
Difference in cost of sales | 31,000 | (115,000) | (134,000)
Differences in selling, general and administrative expenses | (17,000) | (3,000) | (7,000)
Differences in other operating income (expenses), net | (2,000) | 3,000 | (9,000)
Operating income | 2,283,000 | 2,419,000 | 4,316,000
Financial income (expense), net | 133,000 | 129,000 | 221,000
Income before equity in earnings of non-consolidated companies and income tax | 2,416,000 | 2,548,000 | 4,537,000
Equity in earnings of non-consolidated companies | 58,000 | 9,000 | 95,000
Income before income tax | 2,474,000 | 2,557,000 | 4,633,000
Net Sales | 11,981,000 | 12,524,000 | 14,869,000
Depreciation and amortization | $ 616,000 | $ 633,000 | $ 549,000

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