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Tsakos Energy Navigation Limited(TEN)Earnings, Financials & Key Ratios
TEN•NYSE
$43.17
$1.3B mkt cap·8.6× P/E·Price updated May 6, 2026
AboutTsakos Energy Navigation Limited provides seaborne crude oil and petroleum product transportation services worldwide. The company offers marine transportation services for national, major, and other independent oil companies and refiners under long, medium, and short-term charters. It also operates a fleet of double-hull vessels, comprising of conventional tankers, LNG carriers, and suezmax DP2 shuttle tankers. The company was formerly known as MIF Limited and changed its name to Tsakos Energy Navigation Limited in July 2001. The company was incorporated in 1993 and is based in Athens, Greece.Show more
- Revenue$804M-9.6%
- EBITDA$418M-21.9%
- Net Income$176M-41.3%
- EPS (Diluted)5.03-44.4%
- Gross Margin34.23%-17.7%
- EBITDA Margin52.03%-13.6%
- Operating Margin34.64%-21.3%
- Net Margin21.92%-35.0%
- ROE10.31%-45.5%
- ROIC6.89%-32.4%
- Debt/Equity1.00+3.0%
- Interest Coverage2.46-33.1%
TEN Key Insights
Tsakos Energy Navigation Limited (TEN) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y profit CAGR of 63.4%
- ✓Momentum leader: RS Rating 92 (top 8%)
- ✓High quality earnings: Operating CF exceeds net income
- ✓Healthy dividend yield of 5.6%
- ✓Healthy 5Y average net margin of 11.1%
- ✓Trading near 52-week high
✗Weaknesses
- ✗Negative free cash flow
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
TEN Price & Volume
Tsakos Energy Navigation Limited (TEN) stock price & volume — 10-year historical chart
Loading chart...
TEN Growth Metrics
Tsakos Energy Navigation Limited (TEN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-20.93%
5 Years6.12%
3 Years13.76%
TTM-5.32%
Profit CAGR
10 Years-2.46%
5 Years63.41%
3 Years-
TTM-43.1%
EPS CAGR
10 Years3.23%
5 Years75.75%
3 Years-
TTM-50.53%
Return on Capital
10 Years6.28%
5 Years6.03%
3 Years10.4%
Last Year8.79%
TEN Recent Earnings
Tsakos Energy Navigation Limited (TEN) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 12/12 qtrs (100%)
Q2 2026Latest
Mar 6, 2026EPS
$1.70
Est $1.07
+58.9%
Revenue
$195M
Est $173M
+12.9%
Q4 2025
Nov 20, 2025EPS
$1.05
Est $0.77
+36.4%
Revenue
$186M
Est $163M
+14.4%
Q4 2025
Sep 10, 2025EPS
$0.67
Est $0.59
+13.6%
Revenue
$193M
Est $155M
+24.4%
Q2 2025
Mar 27, 2025EPS
$0.42
Est $0.40
+5.0%
Revenue
$188M
Est $154M
+21.9%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 6, 2026 | $1.70vs $1.07+58.9% | $195Mvs $173M+12.9% |
| Q4 2025 | Nov 20, 2025 | $1.05vs $0.77+36.4% | $186Mvs $163M+14.4% |
| Q4 2025 | Sep 10, 2025 | $0.67vs $0.59+13.6% | $193Mvs $155M+24.4% |
| Q2 2025 | Mar 27, 2025 | $0.42vs $0.40+5.0% | $188Mvs $154M+21.9% |
Based on last 12 quarters of dataView full earnings history →
TEN Peer Comparison
Tsakos Energy Navigation Limited (TEN) competitors in Marine Tanker Shipping — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 TNK | 2.76B | 79.37 | 7.86 | -22.58% | 36.9% | 17.18% | 0.03 | |
 INSW | 4.24B | 85.77 | 13.77 | -11.38% | 36.67% | 16.02% | 0.29 | |
 DHT | 3.05B | 18.94 | 14.46 | -13.04% | 42.37% | 19.28% | 0.38 | |
 STNG | 4.27B | 82.56 | 11.74 | -24.58% | 36.7% | 11.3% | 0.19 | |
 NAT | 1.22B | 5.77 | 26.23 | -10.71% | 0.68% | 0.41% | 0.53 | |
 TK | 1.14B | 13.62 | 9.59 | -16.7% | 7.95% | 4.04% | 0.03 | |
 FRO | 8.39B | 37.70 | 16.91 | 13.77% | 12.34% | 9.37% | 1.60 | |
 ASC | 766.68M | 18.79 | 21.35 | -23.56% | 13.22% | 6.37% | 0.20 |
Compare TEN vs Peers
Tsakos Energy Navigation Limited (TEN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
TEN Income Statement
Tsakos Energy Navigation Limited (TEN) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 481.79M | 529.18M | 529.88M | 597.45M | 644.13M | 546.12M | 860.4M | 889.57M | 804.06M | 778.78M |
| Revenue Growth % | -94.13% | 9.84% | 0.13% | 12.75% | 7.81% | -15.22% | 57.55% | 3.39% | -9.61% | -5.32% |
| Cost of Goods Sold | 366.37M | 426.6M | 464.66M | 456.48M | 483.17M | 544.66M | 573.75M | 519.56M | 528.79M | 518.63M |
| COGS % of Revenue | 76.04% | 80.61% | 87.69% | 76.4% | 75.01% | 99.73% | 66.68% | 58.41% | 65.77% | - |
| Gross Profit | 115.42M▲ 0% | 102.58M▼ 11.1% | 65.22M▼ 36.4% | 140.97M▲ 116.2% | 160.96M▲ 14.2% | 1.46M▼ 99.1% | 286.65M▲ 19587.3% | 370.01M▲ 29.1% | 275.27M▼ 25.6% | 260.15M▲ 0% |
| Gross Margin % | 23.96% | 19.39% | 12.31% | 23.6% | 24.99% | 0.27% | 33.32% | 41.59% | 34.23% | 33.41% |
| Gross Profit Growth % | -91.54% | -11.12% | -36.43% | 116.16% | 14.18% | -99.1% | 19587.29% | 29.08% | -25.6% | - |
| Operating Expenses | 25.61M | 26.32M | 27.03M | 27.7M | 64.27M | 121.31M | 29.85M | -21.49M | -3.29M | 49.73M |
| OpEx % of Revenue | 5.32% | 4.97% | 5.1% | 4.64% | 9.98% | 22.21% | 3.47% | -2.42% | -0.41% | - |
| Selling, General & Admin | 25.61M | 26.32M | 27.03M | 27.7M | 29.04M | 29.13M | 29.85M | 33.34M | 45.37M | 53.28M |
| SG&A % of Revenue | 5.32% | 4.97% | 5.1% | 4.64% | 4.51% | 5.33% | 3.47% | 3.75% | 5.64% | - |
| Research & Development | 154M | 158M | 204M | 324M | 273M | 285M | 0 | 0 | 0 | 0 |
| R&D % of Revenue | 31.96% | 29.86% | 38.5% | 54.23% | 42.38% | 52.19% | - | - | - | - |
| Other Operating Expenses | 212M | 224M | 345M | -324M | -237.77M | -192.81M | 0 | -54.83M | -48.66M | -1000K |
| Operating Income | 89.81M▲ 0% | 76.26M▼ 15.1% | 38.18M▼ 49.9% | 113.28M▲ 196.7% | 96.69M▼ 14.6% | -119.86M▼ 224.0% | 256.35M▲ 313.9% | 391.5M▲ 52.7% | 278.56M▼ 28.8% | 210.42M▲ 0% |
| Operating Margin % | 18.64% | 14.41% | 7.21% | 18.96% | 15.01% | -21.95% | 29.79% | 44.01% | 34.64% | 27.02% |
| Operating Income Growth % | -82.86% | -15.09% | -49.93% | 196.66% | -14.64% | -223.96% | 313.88% | 52.72% | -28.85% | - |
| EBITDA | 203.23M | 215.28M | 184.98M | 252.7M | 233.79M | 6.96M | 377.93M | 535.74M | 418.37M | 327.12M |
| EBITDA Margin % | 42.18% | 40.68% | 34.91% | 42.3% | 36.3% | 1.27% | 43.92% | 60.22% | 52.03% | 42% |
| EBITDA Growth % | -72.05% | 5.93% | -14.07% | 36.61% | -7.48% | -97.02% | 5328.44% | 41.76% | -21.91% | -25.63% |
| D&A (Non-Cash Add-back) | 113.42M | 139.02M | 146.8M | 139.42M | 137.1M | 126.82M | 121.58M | 144.24M | 139.81M | 114.42M |
| EBIT | 95.82M | 75.4M | -24.71M | 88.03M | 80.9M | -27.67M | 249.81M | 411.54M | 294.93M | 218.25M |
| Net Interest Income | -38.7M | -65.13M | -73.83M | -70.33M | -52.6M | -41.12M | -57.92M | -91.87M | -98.31M | -93.12M |
| Interest Income | 623K | 1.08M | 2.51M | 3.69M | 1.07M | 703K | 2M | 14.58M | 15.12M | 12.73M |
| Interest Expense | 39.32M | 66.21M | 76.34M | 74.02M | 53.67M | 41.82M | 59.92M | 106.45M | 113.3M | 105.85M |
| Other Income/Expense | -33.31M | -54.29M | -142.66M | -99.27M | -69.47M | -30.72M | -47.89M | -86.42M | -96.93M | -93.6M |
| Pretax Income | 56.49M▲ 0% | 9.19M▼ 83.7% | -101.04M▼ 1200.1% | 14.01M▲ 113.9% | 27.22M▲ 94.3% | -150.58M▼ 653.2% | 208.47M▲ 238.4% | 305.08M▲ 46.3% | 181.63M▼ 40.5% | 116.82M▲ 0% |
| Pretax Margin % | 11.73% | 1.74% | -19.07% | 2.34% | 4.23% | -27.57% | 24.23% | 34.3% | 22.59% | 15% |
| Income Tax | 0 | 70M | 63M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 762.11% | -62.35% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | 55.78M▲ 0% | 7.61M▼ 86.4% | -99.2M▼ 1403.2% | 15.13M▲ 115.2% | 24M▲ 58.7% | -151.4M▼ 730.8% | 204.23M▲ 234.9% | 300.18M▲ 47.0% | 176.23M▼ 41.3% | 110.04M▲ 0% |
| Net Margin % | 11.58% | 1.44% | -18.72% | 2.53% | 3.73% | -27.72% | 23.74% | 33.74% | 21.92% | 14.13% |
| Net Income Growth % | -77.42% | -86.35% | -1403.24% | 115.25% | 58.68% | -730.78% | 234.9% | 46.98% | -41.29% | -43.1% |
| Net Income (Continuing) | 56.49M | 9.19M | -101.04M | 14.01M | 27.22M | -150.58M | 208.47M | 305.08M | 181.63M | 116.82M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 12.31M | 13.88M | 12.04M | 20.92M | 28.14M | 50.99M | 51.02M | 34.09M | 39.49M | 42.14M |
| EPS (Diluted) | 1.02▲ 0% | 0.45▼ 55.9% | -5.69▼ 1364.4% | 0.30▲ 105.3% | -0.80▼ 366.7% | -9.53▼ 1091.2% | 6.01▲ 163.1% | 9.04▲ 50.4% | 5.03▼ 44.4% | 3.71▲ 0% |
| EPS Growth % | -75.12% | -55.88% | -1364.44% | 105.27% | -366.67% | -1091.25% | 163.06% | 50.42% | -44.36% | -50.53% |
| EPS (Basic) | 1.03 | 0.15 | -5.69 | -1.58 | -0.80 | -9.53 | 6.02 | 9.04 | 5.03 | - |
| Diluted Shares Outstanding | 54.5M | 16.94M | 17.42M | 50.36M | 50.36M | 19.65M | 28.19M | 29.51M | 29.51M | 29.66M |
| Basic Shares Outstanding | 54.1M | 51.3M | 17.42M | 17.75M | 50.5M | 19.65M | 27.97M | 29.51M | 29.51M | 29.66M |
| Dividend Payout Ratio | 72.35% | 523.83% | - | 325.99% | 194.6% | - | 21.4% | 20.61% | 40.75% | - |
TEN Balance Sheet
Tsakos Energy Navigation Limited (TEN) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 358.31M | 304.39M | 316.88M | 396.51M | 319.87M | 237.82M | 511.21M | 507.89M | 450.37M | 452.49M |
| Cash & Short-Term Investments | 200.09M | 208.39M | 220.53M | 197.77M | 171.77M | 127.2M | 309.44M | 376.69M | 348.31M | 287.22M |
| Cash Only | 197.77M | 202.67M | 220.53M | 197.77M | 171.77M | 127.2M | 309.44M | 376.69M | 348.31M | 287.22M |
| Short-Term Investments | 2.32M | 5.71M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 44.98M | 41.57M | 56.27M | 60.45M | 46.06M | 57.97M | 87.09M | 51.98M | 33.66M | 49.37M |
| Days Sales Outstanding | 34.08 | 28.68 | 38.76 | 36.93 | 26.1 | 38.74 | 36.94 | 21.33 | 15.28 | 9.73 |
| Inventory | 18.76M | 16.29M | 20.39M | 13.03M | 21.81M | 22.92M | 26.22M | 22.51M | 18.95M | 16.18M |
| Days Inventory Outstanding | 18.69 | 13.94 | 16.02 | 10.42 | 16.48 | 15.36 | 16.68 | 15.82 | 13.08 | 6.18 |
| Other Current Assets | 94.48M | 38.14M | 19.7M | 125.25M | 80.23M | 29.74M | 88.47M | 56.7M | 49.44M | 99.73M |
| Total Non-Current Assets | 2.92B | 3.07B | 2.89B | 2.76B | 2.79B | 2.66B | 2.8B | 2.86B | 3.26B | 3.36B |
| Property, Plant & Equipment | 2.89B | 3.03B | 2.85B | 2.72B | 2.73B | 2.6B | 2.73B | 2.79B | 3.18B | 3.29B |
| Fixed Asset Turnover | 0.17x | 0.17x | 0.19x | 0.22x | 0.24x | 0.21x | 0.32x | 0.32x | 0.25x | 0.24x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 6.17M | 15.43M | 14.13M | 13.29M | 27.29M | 24.69M | 23.31M | 28.88M | 33.5M | 68.81M |
| Other Non-Current Assets | 19.51M | 23.76M | 28.43M | 28.15M | 33.86M | 36.14M | 46.28M | 39.76M | 40.55M | 443.5M |
| Total Assets | 3.28B▲ 0% | 3.37B▲ 2.9% | 3.21B▼ 5.0% | 3.15B▼ 1.6% | 3.11B▼ 1.3% | 2.89B▼ 7.0% | 3.31B▲ 14.3% | 3.36B▲ 1.7% | 3.71B▲ 10.2% | 3.81B▲ 0% |
| Asset Turnover | 0.15x | 0.16x | 0.17x | 0.19x | 0.21x | 0.19x | 0.26x | 0.26x | 0.22x | 0.21x |
| Asset Growth % | 12.99% | 2.93% | -5% | -1.59% | -1.33% | -6.99% | 14.29% | 1.68% | 10.18% | 26.62% |
| Total Current Liabilities | 393.29M | 338.92M | 254.3M | 354.2M | 382.04M | 332.1M | 369.69M | 323.2M | 408.52M | 349.32M |
| Accounts Payable | 52.51M | 46.92M | 37.53M | 36.61M | 55.29M | 74.91M | 48.16M | 40.21M | 55.85M | 45.74M |
| Days Payables Outstanding | 52.31 | 40.14 | 29.48 | 29.27 | 41.77 | 50.2 | 30.64 | 28.25 | 38.55 | 17.87 |
| Short-Term Debt | 288.13M | 225.88M | 160.58M | 243.05M | 253.4M | 202.69M | 251.85M | 214.07M | 264.46M | 216.19M |
| Deferred Revenue (Current) | 8.43M | 13.61M | 6.01M | 12.07M | 12.62M | 9.02M | 26.05M | 31.9M | 37.41M | 51.34M |
| Other Current Liabilities | 44.21M | 52.51M | 50.18M | 62.48M | 60.72M | 45.48M | 43.63M | 37.02M | 50.81M | 73.47M |
| Current Ratio | 0.91x | 0.90x | 1.25x | 1.12x | 0.84x | 0.72x | 1.38x | 1.57x | 1.10x | 1.10x |
| Quick Ratio | 0.86x | 0.85x | 1.17x | 1.08x | 0.78x | 0.65x | 1.31x | 1.50x | 1.06x | 1.06x |
| Cash Conversion Cycle | 0.45 | 2.47 | 25.3 | 18.08 | 0.81 | 3.9 | 22.99 | 8.9 | -10.19 | -1.96 |
| Total Non-Current Liabilities | 1.47B | 1.53B | 1.44B | 1.33B | 1.35B | 1.27B | 1.42B | 1.39B | 1.53B | 1.65B |
| Long-Term Debt | 1.47B | 1.53B | 1.44B | 1.3B | 1.27B | 1.2B | 1.38B | 1.37B | 1.5B | 1.62B |
| Capital Lease Obligations | 0 | 0 | 0 | 13.89M | 46.13M | 58.82M | 39.13M | 17.03M | 4.33M | 4.33M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1.12M | 589K | 8.96M | 14.91M | 34.35M | 11.85M | 5K | 524K | 31.14M | -1.45B |
| Total Liabilities | 1.86B | 1.87B | 1.7B | 1.68B | 1.73B | 1.6B | 1.79B | 1.71B | 1.94B | 2B |
| Total Debt | 1.75B | 1.75B | 1.6B | 1.56B | 1.57B | 1.46B | 1.67B | 1.6B | 1.76B | 1.83B |
| Net Debt | 1.56B | 1.55B | 1.38B | 1.36B | 1.4B | 1.33B | 1.36B | 1.23B | 1.42B | 1.54B |
| Debt / Equity | 1.24x | 1.16x | 1.06x | 1.06x | 1.13x | 1.13x | 1.10x | 0.97x | 1.00x | 1.00x |
| Debt / EBITDA | 8.63x | 8.14x | 8.63x | 6.16x | 6.70x | 209.96x | 4.41x | 2.99x | 4.22x | 5.60x |
| Net Debt / EBITDA | 7.66x | 7.20x | 7.43x | 5.37x | 5.97x | 191.69x | 3.59x | 2.29x | 3.38x | 3.38x |
| Interest Coverage | 2.28x | 1.15x | 0.50x | 1.53x | 1.80x | -2.87x | 4.28x | 3.68x | 2.46x | 2.06x |
| Total Equity | 1.42B▲ 0% | 1.51B▲ 6.4% | 1.51B▼ 0.1% | 1.47B▼ 2.3% | 1.38B▼ 6.1% | 1.29B▼ 6.5% | 1.52B▲ 17.9% | 1.65B▲ 8.5% | 1.77B▲ 6.9% | 1.81B▲ 0% |
| Equity Growth % | 0.17% | 6.4% | -0.09% | -2.29% | -6.15% | -6.52% | 17.89% | 8.52% | 6.93% | 23.56% |
| Book Value per Share | 26.01 | 89.01 | 86.49 | 29.24 | 27.44 | 65.74 | 54.03 | 56.01 | 59.89 | 60.91 |
| Total Shareholders' Equity | 1.41B | 1.49B | 1.49B | 1.45B | 1.35B | 1.24B | 1.47B | 1.62B | 1.73B | 1.76B |
| Common Stock | 87.34M | 87.34M | 87.61M | 95.08M | 95.97M | 126.22M | 150.92M | 150.92M | 151.54M | 151.54M |
| Retained Earnings | 582.89M | 547.94M | 400.93M | 364M | 338.8M | 149.5M | 311.73M | 548.24M | 652.65M | 685.62M |
| Treasury Stock | -20.17M | -5.74M | 0 | 0 | -9.83M | -6.79M | -6.79M | -6.79M | -6.79M | -6.79M |
| Accumulated OCI | -4.31M | -5.3M | -8.66M | -18.35M | -36.99M | -17.18M | 7.67M | 2.48M | -904K | -1.53M |
| Minority Interest | 12.31M | 13.88M | 12.04M | 20.92M | 28.14M | 50.99M | 51.02M | 34.09M | 39.49M | 42.14M |
TEN Cash Flow Statement
Tsakos Energy Navigation Limited (TEN) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 163.93M | 167.65M | 69.64M | 444M | 205.42M | 53.11M | 288.53M | 395.28M | 307.68M | 307.68M |
| Operating CF Margin % | 34.03% | 31.68% | 13.14% | 74.32% | 31.89% | 9.73% | 33.53% | 44.44% | 38.27% | - |
| Operating CF Growth % | -68.29% | 2.27% | -58.46% | 537.52% | -53.74% | -74.14% | 443.26% | 37% | -22.16% | -170.93% |
| Net Income | 55.78M | 7.61M | -99.2M | -334M | 24M | -101.91M | 204.23M | 300.18M | 181.63M | 110.04M |
| Depreciation & Amortization | 113.42M | 139.02M | 146.8M | 673M | 140.88M | 126.82M | 121.58M | 123.12M | 139.81M | 0 |
| Stock-Based Compensation | 14M | 14M | 14M | 25M | 18M | 24M | 0 | 0 | 8.13M | 0 |
| Deferred Taxes | -79M | -10M | -65M | -151M | 0 | 12M | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 192.94M | 270.64M | 385.75M | 319M | 14.21M | -12.05M | 6.39M | -54.67M | -67.71M | 82.92M |
| Working Capital Changes | 15.03M | 21.43M | -37.56M | -88M | 8.32M | 4.25M | -43.67M | 26.65M | 45.83M | 0 |
| Change in Receivables | -5.45M | 8.57M | -15.99M | -225M | 19.66M | -1.33M | -35.24M | 28.37M | 16.87M | 0 |
| Change in Inventory | -4.35M | 2.46M | -4.09M | 284M | -8.78M | -1.1M | -3.3M | 3.7M | 3.56M | 0 |
| Change in Payables | 23.4M | -4.04M | -12.46M | -66M | 14.98M | 23.36M | -27.06M | -11.83M | 12.96M | 0 |
| Cash from Investing | -576.08M | -241.8M | -179K | -606M | -94.61M | -8M | -301.81M | -137.44M | -441.61M | -85.09M |
| Capital Expenditures | -576.08M | -293.35M | -17.32M | -744M | -188.24M | -61.23M | -333.37M | -298.38M | -650.02M | 0 |
| CapEx % of Revenue | 119.57% | 55.43% | 3.27% | 124.53% | 29.22% | 11.21% | 38.75% | 33.54% | 80.84% | - |
| Acquisitions | 0 | 51.55M | 17.14M | -134M | 9M | 9M | 31.55M | 165.94M | 228.42M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 5M | -3M | 187M | 272M | 84.63M | 44.22M | 0 | 0 | 0 | -85.09M |
| Cash from Financing | 310.24M | 76.13M | -51.61M | 3M | -136.8M | -89.68M | 195.53M | -190.58M | 105.54M | -95.98M |
| Debt Issued (Net) | 365.95M | -2.96M | -155.96M | -62.57M | -34.76M | -129.15M | 206.93M | -16.45M | 184.55M | 0 |
| Equity Issued (Net) | -1000K | 1000K | 1000K | 536K | -1000K | 1000K | 1000K | -1000K | 0 | 0 |
| Dividends Paid | -40.36M | -39.87M | -44.44M | -49.31M | -46.71M | -36.31M | -43.71M | -61.86M | -71.82M | 0 |
| Share Repurchases | -20.68M | 0 | 0 | 0 | -59.83M | -168K | -2.5M | -108.31M | 0 | 0 |
| Other Financing | -6.42M | -3.18M | -4.3M | 114.34M | 1.04M | -1.27M | -9.23M | -3.95M | -7.19M | -95.98M |
| Net Change in Cash | -89.23M▲ 0% | 4.9M▲ 105.5% | 17.85M▲ 264.3% | -136M▼ 861.8% | -26M▲ 80.9% | -44.57M▼ 71.4% | 182.24M▲ 508.9% | 67.25M▼ 63.1% | -28.38M▼ 142.2% | 0▲ 0% |
| Free Cash Flow | -412.14M▲ 0% | -125.7M▲ 69.5% | 52.33M▲ 141.6% | -300M▼ 673.3% | 17.18M▲ 105.7% | -8.12M▼ 147.3% | -44.84M▼ 452.4% | 96.89M▲ 316.1% | -342.34M▼ 453.3% | -502.56M▲ 0% |
| FCF Margin % | -85.54% | -23.75% | 9.88% | -50.21% | 2.67% | -1.49% | -5.21% | 10.89% | -42.58% | -64.53% |
| FCF Growth % | -298.14% | 69.5% | 141.63% | -673.28% | 105.73% | -147.26% | -452.42% | 316.09% | -453.31% | -269.21% |
| FCF per Share | -7.56 | -7.42 | 3.00 | -5.96 | 0.34 | -0.41 | -1.59 | 3.28 | -11.60 | -11.60 |
| FCF Conversion (FCF/Net Income) | 2.94x | 22.02x | -0.70x | 29.35x | 8.56x | -0.35x | 1.41x | 1.32x | 1.75x | -4.57x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 108.65M | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
TEN Key Ratios
Tsakos Energy Navigation Limited (TEN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 3.94% | 0.52% | -6.58% | 1.02% | 1.68% | -11.33% | 14.51% | 18.91% | 10.31% | 6.19% |
| Return on Invested Capital (ROIC) | 2.46% | 1.9% | 0.96% | 2.97% | 2.59% | -3.33% | 6.98% | 10.2% | 6.89% | 6.89% |
| Gross Margin | 23.96% | 19.39% | 12.31% | 23.6% | 24.99% | 0.27% | 33.32% | 41.59% | 34.23% | 33.41% |
| Net Margin | 11.58% | 1.44% | -18.72% | 2.53% | 3.73% | -27.72% | 23.74% | 33.74% | 21.92% | 14.13% |
| Debt / Equity | 1.24x | 1.16x | 1.06x | 1.06x | 1.13x | 1.13x | 1.10x | 0.97x | 1.00x | 1.00x |
| Interest Coverage | 2.28x | 1.15x | 0.50x | 1.53x | 1.80x | -2.87x | 4.28x | 3.68x | 2.46x | 2.06x |
| FCF Conversion | 2.94x | 22.02x | -0.70x | 29.35x | 8.56x | -0.35x | 1.41x | 1.32x | 1.75x | -4.57x |
| Revenue Growth | -94.13% | 9.84% | 0.13% | 12.75% | 7.81% | -15.22% | 57.55% | 3.39% | -9.61% | -5.32% |
TEN SEC Filings & Documents
Tsakos Energy Navigation Limited (TEN) SEC filings — annual & quarterly reports (10-K, 10-Q)
TEN Frequently Asked Questions
Tsakos Energy Navigation Limited (TEN) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Tsakos Energy Navigation Limited (TEN) reported $778.8M in revenue for fiscal year 2024. This represents a 88% decrease from $6.65B in 1996.
Tsakos Energy Navigation Limited (TEN) saw revenue decline by 9.6% over the past year.
Yes, Tsakos Energy Navigation Limited (TEN) is profitable, generating $110.0M in net income for fiscal year 2024 (21.9% net margin).
Dividend & Returns
Yes, Tsakos Energy Navigation Limited (TEN) pays a dividend with a yield of 5.64%. This makes it attractive for income-focused investors.
Tsakos Energy Navigation Limited (TEN) has a return on equity (ROE) of 10.3%. This is reasonable for most industries.
Tsakos Energy Navigation Limited (TEN) had negative free cash flow of $502.6M in fiscal year 2024, likely due to heavy capital investments.
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