The tensile armors of flexible pipes are typically terminated in two configurations, i.e., hook and pigtail, essential to guarantee the tensile armors’ anchorage in the pipe's end-fitting. However, despite its importance for the secure operation of flexible pipes, few works have dealt with the mechanical analysis of these terminations. Hence, this work proposes numerical and semi-empirical models to study the stresses induced on them by operational and extreme loading. Two- and three-dimensional finite element (FE) models are initially proposed, and their advantages and limitations in estimating local stiffness, stresses, and associated failure modes are highlighted. The initial analyses indicated that the two-dimensional model underestimated the terminations’ stiffness, while the detailed three-dimensional model required significant computational effort. However, a simplified three-dimensional model achieved the best compromise between accuracy and computational effort. In common, all models indicated that the hook termination failure is due to a pullout mechanism, while the pigtail induces the tensile armor steel rupture. After that, the simplified three-dimensional model was employed to conduct a parametric study involving several physical and geometric characteristics of the terminations. The importance of these parameters was evaluated using the Design of Experiment (DoE) technique, leading to semi-empirical equations to predict the maximum stresses induced in the terminations due to an axial load imposed on the tensile armor. Finally, the semi-empirical equation obtained for the hook termination was verified using previously presented full-scale experimental test results, showing good agreement.