Tsakos Energy Navigation Limited (TEN) — Financial statements
Income statement, balance sheet, and cash flow for Tsakos Energy Navigation Limited — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 799↓0.7% | 804↓9.6% | 890↑3.4% | 860↑57.5% | 546 | |
| Cost of Revenue | 517↓2.3% | 529↑1.8% | 520↓9.4% | 574↑5.3% | 545 | |
| Gross Profit | 282↑2.4% | 275↓25.6% | 370↑29.1% | 287↑19587.3% | 1 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 285 | |
| General & Administrative Expenses | 0.00↓100.0% | 45↑36.1% | 33↑11.7% | 30↑2.5% | 29 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 42↓7.3% | 45↑36.1% | 33↑11.7% | 30↑2.5% | 29 | |
| Other Expenses | 0.00↑100.0% | -49↑11.3% | -55 | 0.00↑100.0% | -193 | |
| Operating Expenses | 42↑1379.4% | -3↑84.7% | -21↓172.0% | 30↓75.4% | 121 | |
| Total Costs & Expenses | 559↑6.3% | 526↑5.5% | 498↓17.5% | 604↓9.4% | 666 | |
| Operating Results | ||||||
| Operating Income | 240↓13.9% | 279↓28.8% | 391↑52.7% | 256↑313.9% | -120 | |
| Depreciation & Amortization | 170↑21.6% | 140↓3.1% | 144↑18.6% | 122↓4.1% | 127 | |
| EBITDA | 410↓5.7% | 435↓21.8% | 556↑49.6% | 371↑274.6% | 99 | |
| EBIT | 240↓18.7% | 295↓28.3% | 412↑64.7% | 250↑1002.7% | -28 | |
| Interest & Other Income | ||||||
| Net Interest Income | -87↑11.2% | -98↓7.0% | -92↓58.6% | -58↓40.8% | -41 | |
| Interest Income | 10↓30.6% | 15↑3.7% | 15↑629.1% | 2↑184.5% | 0.70 | |
| Interest Expense | 98↓13.6% | 113↑6.4% | 106↑77.7% | 60↑43.3% | 42 | |
| Non-Operating Income | 0.00↑100.0% | -16↑18.3% | -20↓406.4% | 7↑107.1% | -92 | |
| Other Income / Expenses | -75↑22.7% | -97↓12.2% | -86↓80.5% | -48↓55.9% | -31 | |
| Income Before Tax | 165↓9.2% | 182↓40.5% | 305↑46.3% | 208↑238.4% | -151 | |
| Income Tax Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 165↓9.2% | 182↓40.5% | 305↑46.3% | 208↑238.4% | -151 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 161↓8.7% | 176↓41.3% | 300↑47.0% | 204↑234.9% | -151 | |
| Bottom-Line Net Income | 132↓10.8% | 148↓44.4% | 267↑58.5% | 168↑189.9% | -187 | |
| EPS (Basic) | 4.45↓11.5% | 5.03↓44.4% | 9.04↑50.2% | 6.02↑163.2% | -9.53 | |
| EPS (Diluted) | 4.45↓11.5% | 5.03↓44.4% | 9.04↑50.4% | 6.01↑163.1% | -9.53 | |
| Weighted Average Shares | 30↑0.8% | 30↑0.0% | 30↑5.5% | 28↑42.3% | 20 | |
| Weighted Average Diluted Shares | 30↑0.8% | 30↑0.0% | 30↑4.7% | 28↑43.4% | 20 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.