Tsakos Energy Navigation Limited (TEN-PE) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q2'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 | Q3'20 | Q2'20 |
|---|
| Cash from Operations | 63.62M | 83M | 63.45M | 81.48M | 74.96M | 88.25M | 44.57M | 143.5M | 115.01M | 132.84M | 82.14M | 49.27M | 24.28M | 17.91M | 4.62M | 18.16M | 12.43M | 18.24M | 45.1M | 84.63M |
| Operating CF Margin % | 32.91% | 44.09% | 31.7% | 38.06% | 37.18% | 40.07% | 23.88% | 64.8% | 44.03% | 49.15% | 36.71% | 22.74% | 16.22% | 12.87% | 3.51% | 13.31% | 8.94% | 13.85% | 31.57% | 44.36% |
| Operating CF Growth % | -21.92% | -5.95% | 42.34% | -43.22% | -34.82% | -33.56% | -45.73% | 191.25% | 373.59% | 641.82% | 1678.99% | 171.32% | 95.44% | -1.81% | -89.76% | -78.54% | -78.37% | -71.04% | 22.65% | 86.54% |
| Net Income | 26.52M | 19.27M | 26.54M | 76.39M | 54.03M | 31.76M | 31.23M | 60.64M | 176.55M | 101.14M | 51.35M | 46.23M | 5.52M | -94.63M | -25.01M | -19.66M | -4.82M | -30.12M | 1.42M | 31.48M |
| Depreciation & Amortization | 42.09M | 41.55M | 41.34M | 39.49M | 37.53M | 37.54M | 36.3M | 35.26M | 35.14M | 37.41M | 35.89M | 34.17M | 33.35M | 36.05M | 36.36M | 35.8M | 35.05M | 0 | 0 | 0 |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -4.99M | 22.18M | -4.43M | -34.4M | 58.45M | 18.95M | -22.95M | 47.59M | -96.68M | -5.05M | -4.45M | -31.12M | 18.76M | 112.54M | 29.63M | 37.82M | 17.25M | 48.35M | 43.68M | 53.15M |
| Working Capital Changes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -658.5K | -658.5K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.03M | -4.03M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.37M | 3.37M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -233.48M | -18.75M | -66.35M | -159.5M | -197.02M | -83.6M | -90.87M | -49.3M | 86.32M | -100.2M | -57.45M | 14.04M | -158.2M | -26.68M | -1.89M | 40.56M | -19.99M | -24.34M | -86.38M | -6.44M |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -84.71M | -84.71M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CapEx % of Revenue | 32.91% | 44.09% | 31.7% | 38.06% | - | - | - | - | - | 31.34% | 37.86% | - | - | - | - | - | - | - | - | - |
| Acquisitions | 0 | 0 | 0 | 228.42M | 0 | 0 | 0 | 165.94M | 0 | 0 | 0 | 0 | 0 | 53.22M | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -233.48M | -18.75M | -66.35M | -387.91M | -197.02M | -83.6M | -90.87M | -215.24M | 86.32M | -15.49M | 27.25M | 14.04M | -158.2M | -26.68M | -1.89M | 40.56M | -19.99M | -24.34M | -86.38M | -6.44M |
| Cash from Financing | 107.5M | -61.84M | -33.12M | 115.95M | 89.36M | -21.46M | -94.3M | -35.79M | -35.09M | 75.38M | 4.95M | -34.48M | 149.68M | 20.34M | -26.01M | -46.7M | -37.31M | -58.62M | 21.22M | -42.48M |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -129.15M | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 77.05M | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -168K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 107.5M | -61.84M | -33.12M | 115.95M | 89.36M | -21.46M | -94.3M | -35.79M | -35.09M | 75.38M | 4.95M | -34.48M | 149.68M | 72.44M | -26.01M | -46.7M | -37.31M | -58.62M | 21.22M | -42.48M |
| Net Change in Cash | -62.36M | -37.59M | 3.98M | 37.93M | -32.7M | -16.81M | -674.68M | -417.27M | -143.2M | -100.29M | -142.17M | -114.14M | -111.43M | -104.06M | -164.92M | -46.7M | -37.31M | -58.62M | 21.22M | -42.48M |
| Free Cash Flow | 0 | 0 | 0 | 0 | 74.96M | 88.25M | 44.57M | 143.5M | 115.01M | 48.13M | -2.57M | 49.27M | 24.28M | 17.91M | 4.62M | 18.16M | 12.43M | 18.24M | 45.1M | 84.63M |
| FCF Margin % | - | - | - | - | 37.18% | 40.07% | 23.88% | 64.8% | 44.03% | 17.81% | -1.15% | 22.74% | 16.22% | 12.87% | 3.51% | 13.31% | 8.94% | 13.85% | 31.57% | 44.36% |
| FCF Growth % | - | -100% | -100% | -100% | -34.82% | 83.36% | 1833.35% | 191.25% | 373.59% | 168.78% | -155.7% | 171.32% | 95.44% | -1.81% | -89.76% | -78.54% | -78.37% | -71.04% | 22.65% | 153.74% |
| FCF per Share | - | - | - | - | 2.54 | 2.99 | 1.51 | 4.86 | 3.90 | 1.65 | -0.09 | 1.72 | 0.95 | 0.70 | 0.23 | 0.97 | 0.68 | 1.00 | 2.42 | 4.43 |
| FCF Conversion (FCF/Net Income) | 2.40x | 4.31x | 2.39x | 1.07x | 1.39x | 2.78x | 1.82x | 2.37x | 0.65x | 1.31x | 1.60x | 1.07x | 4.40x | -0.18x | -0.18x | -0.92x | -2.58x | -0.61x | 31.76x | 2.69x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |