Tsakos Energy Navigation (TEN) Financials

$17.05 +0.30 (+1.79%)

Closing price 05/2/2025 03:59 PM Eastern

Extended Trading

$17.07 +0.02 (+0.14%)

As of 04:30 AM Eastern

Annual Income Statements for Tsakos Energy Navigation

This table shows Tsakos Energy Navigation's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	25	145	40	-16	-133	-28	-15	-187	168	267	148
Consolidated Net Income / (Loss)	34	158	56	9.19	-101	14	27	-151	208	305	182
Net Income / (Loss) Continuing Operations	34	158	56	9.19	-101	14	27	-151	208	305	182
Total Pre-Tax Income	34	158	56	9.19	-101	14	27	-151	208	305	182
Total Operating Income	76	188	90	63	-28	86	97	-120	256	391	279
Total Gross Profit	501	588	482	529	519	587	623	516	828	865	786
Total Revenue	501	588	482	529	530	597	644	546	860	890	804
Operating Revenue	501	588	482	529	530	597	644	546	860	890	804
Total Cost of Revenue	0.00	0.00	0.00	0.31	11	11	22	30	33	25	18
Operating Cost of Revenue	-	0.00	0.00	0.31	11	11	22	30	33	25	18
Total Operating Expenses	425	400	392	465	547	501	526	636	571	473	508
Selling, General & Admin Expense	21	22	26	26	27	28	29	202	220	228	243
Depreciation Expense	103	106	113	139	147	139	137	143	141	144	160
Other Operating Expenses / (Income)	301	274	253	287	307	306	324	198	210	156	153
Impairment Charge	-	0.00	0.00	8.92	66	28	29	86	0.00	26	0.00
Other Special Charges / (Income)	0.00	-2.08	0.00	3.86	0.36	0.00	6.45	5.82	0.44	-81	-49
Total Other Income / (Expense), net	-42	-30	-33	-54	-73	-72	-69	-31	-48	-86	-97
Interest Expense	43	30	36	57	77	75	71	31	50	101	112
Interest & Investment Income	0.50	0.23	0.62	1.08	2.51	3.69	1.07	0.70	2.00	15	15
Other Income / (Expense), net	0.25	0.13	1.94	1.46	1.41	-0.83	0.04	-0.02	0.37	-0.18	0.10
Preferred Stock Dividends Declared	8.44	13	16	24	34	43	39	36	35	33	27
Net Income / (Loss) Attributable to Noncontrolling Interest	0.19	0.21	0.71	1.57	-1.84	-1.12	3.22	0.82	5.48	4.90	6.36
Basic Earnings per Share	$0.32	$1.69	$0.47	($0.19)	($7.63)	($1.58)	($0.80)	($9.53)	$6.02	$9.04	$5.03
Weighted Average Basic Shares Outstanding	79.11M	85.83M	84.91M	86.32M	17.42M	17.75M	18.77M	19.65M	27.97M	29.51M	29.51M
Diluted Earnings per Share	$0.32	$1.69	$0.47	($0.19)	($7.63)	($1.58)	($0.80)	($9.53)	$6.01	$9.04	$5.03
Weighted Average Diluted Shares Outstanding	79.11M	85.83M	84.91M	86.32M	17.42M	17.75M	18.77M	19.65M	28.19M	29.51M	29.51M
Weighted Average Basic & Diluted Shares Outstanding	79.11M	85.83M	84.91M	84.71M	17.42M	17.75M	18.77M	19.65M	28.19M	29.51M	30.13M
Cash Dividends to Common per Share	$0.15	$0.06	-	$0.05	$0.25	$0.25	$0.50	$0.10	-	$1.00	$1.50

No quarterly income statements for Tsakos Energy Navigation are available.

This table details how cash moves in and out of Tsakos Energy Navigation's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	40	88	-107	4.90	18	-23	-26	-45	182	67	-28
Net Cash From Operating Activities	107	234	170	171	74	184	205	53	289	395	308
Net Cash From Continuing Operating Activities	107	234	170	171	74	184	205	53	289	395	308
Net Income / (Loss) Continuing Operations	34	158	56	9.19	-101	14	27	-151	208	305	182
Consolidated Net Income / (Loss)	34	158	56	9.19	-101	14	27	-151	208	305	182
Depreciation Expense	98	100	107	132	137	129	127	127	120	123	138
Amortization Expense	6.20	7.63	8.07	11	14	15	14	20	24	25	9.34
Non-Cash Adjustments To Reconcile Net Income	-0.93	-23	-16	-2.96	62	14	28	53	-37	-84	-67
Changes in Operating Assets and Liabilities, net	-30	-8.65	15	21	-38	12	9.42	4.49	-27	26	46
Net Cash From Investing Activities	-254	-175	-576	-242	-0.18	-102	-95	-8.00	-302	-137	-442
Net Cash From Continuing Investing Activities	-254	-175	-576	-242	-0.18	-102	-95	-8.00	-302	-137	-442
Purchase of Property, Plant & Equipment	-124	-	-	-	-	-	-	-5.62	-302	-164	-490
Purchase of Investments	-	-	-	-	-	-	-	0.00	0.00	-5.00	-20
Sale of Property, Plant & Equipment	0.00	43	0.00	52	17	0.00	94	53	32	166	228
Other Investing Activities, net	-130	-218	-110	0.00	-16	-56	-188	-56	-32	-135	-160
Net Cash From Financing Activities	187	28	298	76	-56	-105	-137	-90	196	-191	106
Net Cash From Continuing Financing Activities	187	28	298	76	-56	-105	-137	-90	196	-191	106
Repayment of Debt	-126	-248	-418	-403	-513	-560	-387	-320	-500	-430	-231
Repurchase of Preferred Equity	-	-	-	0.00	0.00	-50	-50	0.00	-2.50	-108	0.00
Payment of Dividends	-21	-33	-40	-40	-44	-49	-47	-36	-44	-62	-72
Issuance of Debt	159	227	778	397	353	494	349	190	701	411	411
Issuance of Preferred Equity	0.00	82	0.00	111	144	34	0.00	24	0.19	0.00	0.00
Issuance of Common Equity	176	0.00	0.00	11	4.51	27	7.46	53	44	0.00	0.00
Other Financing Activities, net	-	-	-	-	-	-	0.00	0.00	-2.93	-1.56	-2.39
Cash Interest Paid	34	30	35	57	68	71	54	41	49	101	109

No quarterly cash flow statements for Tsakos Energy Navigation are available.

This table presents Tsakos Energy Navigation's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	2,699	2,893	3,278	3,374	3,205	3,154	3,112	2,895	3,309	3,364	3,707
Total Current Assets	290	452	358	304	318	397	321	240	513	509	452
Cash & Equivalents	202	290	188	190	205	185	160	117	304	372	343
Restricted Cash	12	15	10.00	13	16	13	11	10	5.07	4.66	4.94
Short-Term Investments	2.44	0.03	2.32	5.72	0.22	0.80	0.64	-	0.19	1.25	0.51
Note & Lease Receivable	-	-	-	-	-	-	-	-	0.00	0.00	0.00
Accounts Receivable	55	64	69	61	75	84	64	65	87	52	29
Inventories, net	16	14	19	16	20	13	22	23	26	23	19
Prepaid Expenses	2.40	1.77	1.84	1.58	1.07	0.90	1.42	1.86	6.82	3.91	8.38
Other Current Assets	0.00	-	-	0.00	0.62	101	62	22	83	53	42
Plant, Property, & Equipment, net	2,199	2,053	2,677	3,028	2,829	2,633	2,615	2,403	2,581	2,600	2,920
Plant, Property & Equipment, gross	2,834	2,748	3,479	3,955	3,814	3,611	3,618	3,279	3,599	3,767	4,031
Accumulated Depreciation	635	695	802	925	985	977	1,003	876	972	1,016	1,111
Total Noncurrent Assets	210	388	242	39	42	124	176	252	168	104	327
Long-Term Investments	1.00	1.00	1.00	1.00	1.00	-	-	-	23	29	25
Other Noncurrent Operating Assets	209	387	241	25	28	49	99	124	103	75	55
Other Noncurrent Nonoperating Assets	-	-	-	-	-	61	49	105	-	-	246
Total Liabilities & Shareholders' Equity	2,699	2,893	3,278	3,374	3,205	3,154	3,112	2,895	3,309	3,364	3,707
Total Liabilities	1,521	1,478	1,860	1,865	1,682	1,682	1,730	1,603	1,786	1,711	1,939
Total Current Liabilities	327	401	393	339	254	354	382	332	370	323	409
Short-Term Debt	228	318	288	226	161	236	232	173	201	192	252
Accounts Payable	43	35	58	54	42	44	59	83	48	40	56
Accrued Expenses	25	29	35	44	46	51	41	28	36	33	50
Current Deferred Revenue	9.90	12	8.43	14	6.01	12	13	9.02	26	32	37
Other Current Liabilities	15	5.71	3.61	1.38	0.05	11	37	39	58	26	13
Total Noncurrent Liabilities	1,194	1,078	1,467	1,527	1,428	1,328	1,348	1,271	1,416	1,388	1,531
Long-Term Debt	1,190	1,074	1,466	1,526	1,435	1,299	1,268	1,200	1,377	1,371	1,495
Capital Lease Obligations	-	-	-	-	0.00	14	46	59	2.16	1.10	35
Other Noncurrent Operating Liabilities	4.06	3.18	1.12	0.59	8.96	15	34	12	37	16	0.00
Total Equity & Noncontrolling Interests	1,178	1,415	1,417	1,508	1,507	1,472	1,382	1,292	1,523	1,653	1,767
Total Preferred & Common Equity	1,167	1,403	1,405	1,494	1,495	1,451	1,354	1,241	1,472	1,619	1,728
Preferred Stock	4.00	7.40	7.40	12	18	19	17	15	15	11	11
Total Common Equity	1,163	1,396	1,398	1,482	1,477	1,433	1,337	1,225	1,457	1,607	1,716
Common Stock	735	839	839	945	1,084	1,087	1,045	1,100	1,144	1,063	1,071
Retained Earnings	438	567	583	548	401	364	339	150	312	548	653
Treasury Stock	-	0.00	-20	-5.74	0.00	0.00	-9.83	-6.79	-6.79	-6.79	-6.79
Accumulated Other Comprehensive Income / (Loss)	-10	-11	-4.31	-5.31	-8.66	-18	-37	-17	7.67	2.49	-0.90
Noncontrolling Interest	11	12	12	14	12	21	28	51	51	34	39

No quarterly balance sheets for Tsakos Energy Navigation are available.

This table displays calculated financial ratios and metrics derived from Tsakos Energy Navigation's official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	19.75%	17.31%	-18.02%	9.84%	0.13%	12.75%	7.81%	-15.22%	57.55%	3.39%	-9.61%
EBITDA Growth	74.34%	63.72%	-29.96%	0.58%	-40.39%	84.83%	3.63%	-88.80%	1,408.50%	34.26%	-20.92%
EBIT Growth	3,751.29%	146.69%	-51.25%	-29.21%	-141.18%	418.01%	13.75%	-223.93%	314.15%	52.43%	-28.79%
NOPAT Growth	2,120.31%	147.32%	-52.25%	-29.32%	-131.04%	535.81%	12.62%	-186.77%	405.54%	52.72%	-28.85%
Net Income Growth	187.42%	369.85%	-64.34%	-83.74%	-1,200.08%	113.86%	94.33%	-653.16%	238.44%	46.35%	-40.47%
EPS Growth	143.84%	428.13%	-72.19%	-140.43%	-1,200.08%	113.86%	49.37%	-1,091.25%	163.06%	50.42%	-44.36%
Operating Cash Flow Growth	-9.29%	119.13%	-27.33%	0.28%	-56.71%	149.31%	11.43%	-74.14%	443.26%	37.00%	-22.16%
Free Cash Flow Firm Growth	-3,157.51%	242.48%	-375.29%	82.47%	298.11%	57.12%	-27.05%	-13.50%	-80.04%	1,656.78%	-91.64%
Invested Capital Growth	7.79%	2.14%	19.20%	4.47%	-4.98%	-4.17%	-1.94%	-7.90%	9.24%	-2.36%	9.04%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	100.00%	100.00%	100.00%	99.94%	97.96%	98.19%	96.65%	94.50%	96.19%	97.23%	97.77%
EBITDA Margin	36.01%	50.26%	42.95%	39.33%	23.41%	38.38%	36.89%	4.87%	46.68%	60.61%	53.03%
Operating Margin	15.18%	32.00%	18.64%	12.00%	-5.31%	14.37%	15.01%	-21.95%	29.79%	44.01%	34.64%
EBIT Margin	15.23%	32.02%	19.04%	12.27%	-5.05%	14.23%	15.02%	-21.95%	29.84%	43.99%	34.66%
Profit (Net Income) Margin	6.73%	26.96%	11.73%	1.74%	-19.07%	2.34%	4.23%	-27.57%	24.23%	34.30%	22.59%
Tax Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Interest Burden Percent	44.19%	84.17%	61.58%	14.14%	377.87%	16.47%	28.14%	125.61%	81.20%	77.96%	65.18%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	3.31%	7.81%	3.37%	2.14%	-0.67%	3.04%	3.54%	-3.23%	9.83%	14.55%	9.96%
ROIC Less NNEP Spread (ROIC-NNEP)	-0.19%	5.14%	0.70%	-1.47%	-6.28%	-2.35%	-1.78%	-8.51%	5.84%	6.72%	1.04%
Return on Net Nonoperating Assets (RNNOA)	-0.21%	4.41%	0.62%	-1.51%	-6.04%	-2.10%	-1.63%	-8.04%	4.98%	4.67%	0.66%
Return on Equity (ROE)	3.10%	12.22%	3.99%	0.63%	-6.70%	0.94%	1.91%	-11.26%	14.81%	19.21%	10.62%
Cash Return on Invested Capital (CROIC)	-4.19%	5.69%	-14.15%	-2.23%	4.44%	7.30%	5.50%	5.00%	0.99%	16.94%	1.31%
Operating Return on Assets (OROA)	2.94%	6.73%	2.97%	1.95%	-0.81%	2.67%	3.09%	-3.99%	8.28%	11.73%	7.88%
Return on Assets (ROA)	1.30%	5.67%	1.83%	0.28%	-3.07%	0.44%	0.87%	-5.01%	6.72%	9.14%	5.14%
Return on Common Equity (ROCE)	3.06%	12.06%	3.93%	0.62%	-6.58%	0.92%	1.85%	-10.80%	14.12%	18.54%	10.32%
Return on Equity Simple (ROE_SIMPLE)	2.89%	11.29%	4.02%	0.61%	-6.76%	0.97%	2.01%	-12.14%	14.16%	18.85%	10.51%
Net Operating Profit after Tax (NOPAT)	76	188	90	63	-20	86	97	-84	256	391	279
NOPAT Margin	15.18%	32.00%	18.64%	12.00%	-3.72%	14.37%	15.01%	-15.36%	29.79%	44.01%	34.64%
Net Nonoperating Expense Percent (NNEP)	3.50%	2.67%	2.66%	3.61%	5.62%	5.40%	5.32%	5.28%	3.99%	7.83%	8.92%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	-	-	7.85%
Cost of Revenue to Revenue	0.00%	0.00%	0.00%	0.06%	2.04%	1.81%	3.35%	5.50%	3.81%	2.77%	2.23%
SG&A Expenses to Revenue	4.20%	3.71%	5.32%	4.97%	5.10%	4.64%	4.51%	37.06%	25.58%	25.66%	30.27%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	84.82%	68.00%	81.36%	87.95%	103.27%	83.82%	81.63%	116.44%	66.40%	53.22%	63.12%
Earnings before Interest and Taxes (EBIT)	76	188	92	65	-27	85	97	-120	257	391	279
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	180	295	207	208	124	229	238	27	402	539	426
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.25	0.36	0.23	0.18	0.13	0.24	0.11	0.10	0.27	0.41	0.30
Price to Tangible Book Value (P/TBV)	0.25	0.36	0.23	0.18	0.13	0.24	0.11	0.10	0.27	0.41	0.30
Price to Revenue (P/Rev)	0.58	0.85	0.67	0.51	0.37	0.56	0.22	0.23	0.46	0.74	0.64
Price to Earnings (P/E)	11.57	3.43	8.05	0.00	0.00	0.00	0.00	0.00	2.35	2.46	3.45
Dividend Yield	3.99%	4.09%	7.89%	6.24%	8.78%	2.60%	6.77%	3.34%	1.55%	4.50%	8.65%
Earnings Yield	8.64%	29.15%	12.42%	0.00%	0.00%	0.00%	0.00%	0.00%	42.57%	40.69%	28.98%
Enterprise Value to Invested Capital (EV/IC)	0.63	0.66	0.65	0.61	0.56	0.63	0.58	0.60	0.63	0.70	0.68
Enterprise Value to Revenue (EV/Rev)	3.01	2.73	3.93	3.47	3.02	2.89	2.42	2.74	1.99	2.09	2.45
Enterprise Value to EBITDA (EV/EBITDA)	8.35	5.42	9.15	8.83	12.90	7.53	6.56	56.12	4.25	3.45	4.62
Enterprise Value to EBIT (EV/EBIT)	19.74	8.51	20.64	28.28	0.00	20.30	16.12	0.00	6.65	4.75	7.07
Enterprise Value to NOPAT (EV/NOPAT)	19.81	8.52	21.09	28.94	0.00	20.10	16.13	0.00	6.66	4.75	7.08
Enterprise Value to Operating Cash Flow (EV/OCF)	14.08	6.84	11.12	10.75	21.65	9.36	7.59	28.13	5.92	4.70	6.41
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	11.68	0.00	0.00	12.21	8.38	10.38	11.49	65.84	4.08	53.70
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.20	0.98	1.24	1.16	1.06	1.05	1.12	1.11	1.04	0.95	1.01
Long-Term Debt to Equity	1.01	0.76	1.03	1.01	0.95	0.89	0.95	0.97	0.91	0.83	0.87
Financial Leverage	1.11	0.86	0.88	1.03	0.96	0.89	0.92	0.94	0.85	0.69	0.64
Leverage Ratio	2.38	2.16	2.18	2.27	2.18	2.13	2.20	2.25	2.20	2.10	2.07
Compound Leverage Factor	1.05	1.82	1.34	0.32	8.25	0.35	0.62	2.82	1.79	1.64	1.35
Debt to Total Capital	54.63%	49.60%	55.30%	53.74%	51.43%	51.26%	52.81%	52.57%	50.92%	48.62%	50.22%
Short-Term Debt to Total Capital	8.80%	11.33%	9.09%	6.93%	5.18%	7.80%	7.94%	6.35%	6.48%	5.97%	7.09%
Long-Term Debt to Total Capital	45.83%	38.26%	46.22%	46.81%	46.26%	43.46%	44.87%	46.22%	44.44%	42.65%	43.12%
Preferred Equity to Total Capital	0.15%	0.26%	0.23%	0.37%	0.58%	0.62%	0.57%	0.57%	0.48%	0.36%	0.32%
Noncontrolling Interests to Total Capital	0.44%	0.41%	0.39%	0.43%	0.39%	0.69%	0.96%	1.87%	1.64%	1.06%	1.11%
Common Equity to Total Capital	44.78%	49.72%	44.07%	45.47%	47.60%	47.43%	45.66%	44.99%	46.95%	49.96%	48.35%
Debt to EBITDA	7.86	4.71	8.48	8.42	12.86	6.75	6.51	53.79	3.93	2.90	4.18
Net Debt to EBITDA	6.65	3.68	7.50	7.41	11.08	5.89	5.78	49.01	3.11	2.15	3.30
Long-Term Debt to EBITDA	6.59	3.64	7.08	7.33	11.57	5.73	5.53	47.29	3.43	2.54	3.59
Debt to NOPAT	18.65	7.40	19.53	27.60	-80.99	18.03	15.99	-17.07	6.16	3.99	6.40
Net Debt to NOPAT	15.79	5.78	17.29	24.30	-69.73	15.72	14.21	-15.55	4.86	2.96	5.06
Long-Term Debt to NOPAT	15.65	5.71	16.32	24.04	-72.84	15.29	13.59	-15.01	5.38	3.50	5.50
Altman Z-Score	0.60	0.92	0.58	0.52	0.41	0.58	0.49	0.13	0.83	1.17	0.88
Noncontrolling Interest Sharing Ratio	1.41%	1.33%	1.37%	1.56%	1.86%	2.34%	2.96%	4.16%	4.71%	3.51%	2.82%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.89	1.13	0.91	0.90	1.25	1.12	0.84	0.72	1.39	1.58	1.11
Quick Ratio	0.79	0.88	0.66	0.76	1.10	0.76	0.59	0.55	1.06	1.32	0.91
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-96	137	-378	-66	131	206	150	130	26	456	37
Operating Cash Flow to CapEx	86.36%	0.00%	36.52%	0.00%	0.00%	0.00%	0.00%	0.00%	106.86%	0.00%	117.80%
Free Cash Flow to Firm to Interest Expense	-2.24	4.57	-10.53	-1.16	1.71	2.76	2.13	4.14	0.52	4.52	0.33
Operating Cash Flow to Interest Expense	2.48	7.81	4.75	3.01	0.96	2.47	2.91	1.69	5.74	3.92	2.74
Operating Cash Flow Less CapEx to Interest Expense	-0.39	9.23	-8.26	3.91	1.19	2.47	4.24	3.21	0.37	3.94	0.41
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.19	0.21	0.16	0.16	0.16	0.19	0.21	0.18	0.28	0.27	0.23
Accounts Receivable Turnover	11.06	9.93	7.25	8.15	7.83	7.54	8.72	8.44	11.28	12.79	19.79
Inventory Turnover	0.00	0.00	0.00	0.02	0.59	0.65	1.24	1.34	1.33	1.01	0.87
Fixed Asset Turnover	0.23	0.28	0.20	0.19	0.18	0.22	0.25	0.22	0.35	0.34	0.29
Accounts Payable Turnover	0.00	0.00	0.00	0.01	0.22	0.25	0.42	0.42	0.50	0.56	0.37
Days Sales Outstanding (DSO)	33.01	36.75	50.37	44.78	46.61	48.39	41.88	43.27	32.35	28.53	18.45
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	20,567.34	618.58	563.59	294.38	271.61	273.61	360.34	421.16
Days Payable Outstanding (DPO)	0.00	0.00	0.00	66,170.04	1,623.24	1,453.84	875.30	861.94	728.44	653.41	975.71
Cash Conversion Cycle (CCC)	33.01	36.75	50.37	-45,557.92	-958.06	-841.87	-539.04	-547.06	-422.48	-264.54	-536.10
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,383	2,434	2,902	3,031	2,881	2,760	2,707	2,493	2,723	2,659	2,918
Invested Capital Turnover	0.22	0.24	0.18	0.18	0.18	0.21	0.24	0.21	0.33	0.33	0.29
Increase / (Decrease) in Invested Capital	172	51	467	130	-151	-120	-54	-214	230	-64	242
Enterprise Value (EV)	1,506	1,602	1,894	1,837	1,601	1,726	1,559	1,494	1,708	1,858	1,971
Market Capitalization	290	497	321	268	197	337	141	123	395	656	512
Book Value per Share	$20.05	$16.48	$16.00	$17.70	$17.11	$16.35	$14.06	$67.27	$59.31	$54.47	$58.17
Tangible Book Value per Share	$20.05	$16.48	$16.00	$17.70	$17.11	$16.35	$14.06	$67.27	$59.31	$54.47	$58.17
Total Capital	2,596	2,808	3,171	3,260	3,102	3,021	2,928	2,724	3,103	3,216	3,550
Total Debt	1,418	1,393	1,754	1,752	1,596	1,548	1,546	1,432	1,580	1,564	1,783
Total Long-Term Debt	1,190	1,074	1,466	1,526	1,435	1,313	1,314	1,259	1,379	1,372	1,531
Net Debt	1,200	1,087	1,553	1,542	1,374	1,350	1,374	1,305	1,247	1,157	1,409
Capital Expenditures (CapEx)	124	-43	467	-52	-17	0.00	-94	-48	270	-2.30	261
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-26	65	53	-17	3.04	80	-0.55	-47	35	0.16	-54
Debt-free Net Working Capital (DFNWC)	191	370	253	191	224	278	172	81	344	378	295
Net Working Capital (NWC)	-37	52	-35	-35	63	43	-61	-92	143	186	43
Net Nonoperating Expense (NNE)	42	30	33	54	81	72	69	67	48	86	97
Net Nonoperating Obligations (NNO)	1,206	1,019	1,484	1,523	1,374	1,288	1,325	1,201	1,200	1,006	1,151
Total Depreciation and Amortization (D&A)	104	107	115	143	151	144	141	146	145	148	148
Debt-free, Cash-free Net Working Capital to Revenue	-5.16%	11.03%	11.01%	-3.22%	0.57%	13.35%	-0.09%	-8.55%	4.05%	0.02%	-6.69%
Debt-free Net Working Capital to Revenue	38.12%	62.93%	52.55%	36.16%	42.23%	46.59%	26.68%	14.74%	40.04%	42.50%	36.69%
Net Working Capital to Revenue	-7.48%	8.79%	-7.26%	-6.53%	11.93%	7.17%	-9.40%	-16.93%	16.67%	20.92%	5.38%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.60	$8.45	$2.35	($0.95)	$0.00	$0.00	($0.80)	($9.53)	$6.02	$9.04	$5.03
Adjusted Weighted Average Basic Shares Outstanding	16.94M	17.47M	16.74M	17.26M	0.00	0.00	18.22M	24.57M	27.97M	29.51M	29.51M
Adjusted Diluted Earnings per Share	$1.60	$8.45	$2.35	($0.95)	$0.00	$0.00	($0.80)	($9.53)	$6.01	$9.04	$5.03
Adjusted Weighted Average Diluted Shares Outstanding	16.94M	17.47M	16.74M	17.26M	0.00	0.00	18.22M	24.57M	29.51M	29.51M	29.51M
Adjusted Basic & Diluted Earnings per Share	$1.60	$8.45	$2.35	($0.95)	$0.00	$0.00	($0.80)	($9.53)	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	15.82M	17.17M	16.98M	16.94M	0.00	0.00	18.77M	19.65M	28.19M	29.51M	30.13M
Normalized Net Operating Profit after Tax (NOPAT)	53	130	63	53	27	79	92	-19	180	236	161
Normalized NOPAT Margin	10.63%	22.15%	13.05%	10.09%	5.04%	13.30%	14.34%	-3.55%	20.89%	26.49%	20.01%
Pre Tax Income Margin	6.73%	26.96%	11.73%	1.74%	-19.07%	2.34%	4.23%	-27.57%	24.23%	34.30%	22.59%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.77	6.27	2.56	1.14	-0.35	1.14	1.37	-3.82	5.11	3.88	2.48
NOPAT to Interest Expense	1.77	6.27	2.50	1.12	-0.26	1.15	1.37	-2.67	5.10	3.88	2.48
EBIT Less CapEx to Interest Expense	-1.10	7.69	-10.45	2.05	-0.13	1.14	2.70	-2.30	-0.26	3.90	0.16
NOPAT Less CapEx to Interest Expense	-1.11	7.69	-10.50	2.02	-0.03	1.15	2.70	-1.16	-0.27	3.91	0.15
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	63.55%	21.08%	71.44%	434.12%	-43.99%	352.01%	171.58%	-24.12%	20.97%	20.28%	39.54%
Augmented Payout Ratio	63.55%	21.08%	108.05%	434.12%	-43.99%	352.01%	207.71%	-24.23%	20.97%	20.28%	39.54%

No quarterly metrics and ratios for Tsakos Energy Navigation are available.

Frequently Asked Questions About Tsakos Energy Navigation's Financials

When does Tsakos Energy Navigation's financial year end?

According to the most recent income statement we have on file, Tsakos Energy Navigation's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Tsakos Energy Navigation's net income changed over the last 10 years?

Tsakos Energy Navigation's net income appears to be on an upward trend, with a most recent value of $181.63 million in 2024, rising from $33.72 million in 2014. The previous period was $305.08 million in 2023. Check out Tsakos Energy Navigation's forecast to explore projected trends and price targets.

What is Tsakos Energy Navigation's operating income?

Tsakos Energy Navigation's total operating income in 2024 was $278.56 million, based on the following breakdown:

Total Gross Profit: $786.10 million
Total Operating Expenses: $507.54 million

How has Tsakos Energy Navigation revenue changed over the last 10 years?

Over the last 10 years, Tsakos Energy Navigation's total revenue changed from $501.01 million in 2014 to $804.06 million in 2024, a change of 60.5%.

How much debt does Tsakos Energy Navigation have?

Tsakos Energy Navigation's total liabilities were at $1.94 billion at the end of 2024, a 13.3% increase from 2023, and a 27.5% increase since 2014.

How much cash does Tsakos Energy Navigation have?

In the past 10 years, Tsakos Energy Navigation's cash and equivalents has ranged from $117.19 million in 2021 to $372.03 million in 2023, and is currently $343.37 million as of their latest financial filing in 2024.

How has Tsakos Energy Navigation's book value per share changed over the last 10 years?

Over the last 10 years, Tsakos Energy Navigation's book value per share changed from 20.05 in 2014 to 58.17 in 2024, a change of 190.0%.

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This page (NYSE:TEN) was last updated on 5/5/2025 by MarketBeat.com Staff

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Tsakos Energy Navigation (TEN) Financials

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Tsakos Energy Navigation (TEN) Financials

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