Tsakos Energy Navigation Financial Statements
NYSE: TENConsumer DiscretionaryMarine TransportationUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Tsakos Energy Navigation revenue and earnings
In fiscal 2025, Tsakos Energy Navigation generated $798.7 million in revenue, down 0.7% from fiscal 2024, its first annual decline since 2024. Net income was $160.9 million (-8.7% year over year), for a net margin of 20.1% versus a median of 21.9% in the prior 5 years. Operating margin was 31.6%.
Diluted earnings per share came in at $4.45, down from $5.03. Over the last 5 fiscal years, TEN's revenue has grown at a 4.4% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Tsakos Energy Navigation income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 798.69M | 804.06M | 889.57M | 860.40M | 546.12M | 644.13M | 597.45M | 529.88M | 529.18M | 481.79M |
| Revenue growth (YoY) | -0.67% | -9.61% | +3.39% | +57.55% | -15.22% | +7.81% | +12.75% | +0.13% | +9.84% | -18.02% |
| Operating Income | 252.32M | 278.56M | 391.50M | 256.35M | -119.86M | 96.69M | 85.86M | -28.14M | 63.48M | 89.81M |
| Interest Expense | 94.02M | 113.30M | 101.80M | 55.45M | 38.58M | 49.62M | 68.96M | 71.94M | 61.90M | 37.44M |
| Other Income (Expense) | -87.37M | -96.93M | -86.42M | -47.89M | -30.72M | -69.47M | -71.85M | -72.90M | -54.29M | -33.31M |
| Net Income | 160.90M | 176.23M | 300.18M | 204.23M | -151.40M | 24.00M | 15.13M | -99.20M | 7.61M | 55.78M |
| Net Income growth (YoY) | -8.70% | -41.29% | +46.98% | — | -730.78% | +58.68% | — | -1403.24% | -86.35% | -64.74% |
| EPS (Basic) | 4.45 | 5.03 | 9.04 | 6.02 | -9.53 | -0.80 | -1.58 | -7.63 | -0.19 | 0.47 |
| EPS (Diluted) | 4.45 | 5.03 | 9.04 | 6.01 | -9.53 | -0.80 | -1.58 | -7.63 | -0.19 | 0.47 |
| Shares Outstanding (Basic) | 29.74M | 29.51M | 29.51M | 27.97M | 19.65M | 18.77M | 17.75M | 17.42M | 84.71M | 84.91M |
| Shares Outstanding (Diluted) | 29.74M | 29.51M | 29.51M | 28.19M | 19.65M | 18.77M | 17.75M | 17.42M | 84.71M | 84.91M |
| EBITDA | 422.37M | 438.46M | 535.74M | 397.17M | 23.39M | 233.79M | 225.29M | 118.65M | 202.50M | 203.23M |
| Operating Margin | 31.59% | 34.64% | 44.01% | 29.79% | -21.95% | 15.01% | 14.37% | -5.31% | 12.00% | 18.64% |
| Net Margin | 20.15% | 21.92% | 33.74% | 23.74% | -27.72% | 3.73% | 2.53% | -18.72% | 144.00% | 11.58% |
This table shows 10 annual periods of Tsakos Energy Navigation's income statement, from FY 2025 back to FY 2016, across 12 line items including revenue, operating income, interest expense. Values in USD; B = billions, M = millions. Fiscal periods follow TEN's reporting calendar. What is a income statement?