Tsakos Energy Navigation (TEN) Financials

$17.92 +0.63 (+3.65%)

Closing price 05/23/2025 03:59 PM Eastern

Extended Trading

$17.92 +0.00 (+0.02%)

As of 05/23/2025 04:29 PM 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	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015	12/31/2014
Net Income / (Loss) Attributable to Common Shareholders	148	267	168	-187	-15	-28	-133	-16	40	145	25
Consolidated Net Income / (Loss)	182	305	208	-151	27	14	-101	9.19	56	158	34
Net Income / (Loss) Continuing Operations	182	305	208	-151	27	14	-101	9.19	56	158	34
Total Pre-Tax Income	182	305	208	-151	27	14	-101	9.19	56	158	34
Total Operating Income	279	391	256	-120	97	86	-28	63	90	188	76
Total Gross Profit	786	865	828	516	623	587	519	529	482	588	501
Total Revenue	804	890	860	546	644	597	530	529	482	588	501
Operating Revenue	804	890	860	546	644	597	530	529	482	588	501
Total Cost of Revenue	18	25	33	30	22	11	11	0.31	0.00	0.00	0.00
Operating Cost of Revenue	18	25	33	30	22	11	11	0.31	0.00	0.00	-
Total Operating Expenses	508	473	571	636	526	501	547	465	392	400	425
Selling, General & Admin Expense	243	228	220	202	29	28	27	26	26	22	21
Depreciation Expense	160	144	141	143	137	139	147	139	113	106	103
Other Operating Expenses / (Income)	153	156	210	198	324	306	307	287	253	274	301
Impairment Charge	0.00	26	0.00	86	29	28	66	8.92	0.00	0.00	-
Other Special Charges / (Income)	-49	-81	0.44	5.82	6.45	0.00	0.36	3.86	0.00	-2.08	0.00
Total Other Income / (Expense), net	-97	-86	-48	-31	-69	-72	-73	-54	-33	-30	-42
Interest Expense	112	101	50	31	71	75	77	57	36	30	43
Interest & Investment Income	15	15	2.00	0.70	1.07	3.69	2.51	1.08	0.62	0.23	0.50
Other Income / (Expense), net	0.10	-0.18	0.37	-0.02	0.04	-0.83	1.41	1.46	1.94	0.13	0.25
Preferred Stock Dividends Declared	27	33	35	36	39	43	34	24	16	13	8.44
Net Income / (Loss) Attributable to Noncontrolling Interest	6.36	4.90	5.48	0.82	3.22	-1.12	-1.84	1.57	0.71	0.21	0.19
Basic Earnings per Share	$5.03	$9.04	$6.02	($9.53)	($0.80)	($1.58)	($7.63)	($0.19)	$0.47	$1.69	$0.32
Weighted Average Basic Shares Outstanding	29.51M	29.51M	27.97M	19.65M	18.77M	17.75M	17.42M	86.32M	84.91M	85.83M	79.11M
Diluted Earnings per Share	$5.03	$9.04	$6.01	($9.53)	($0.80)	($1.58)	($7.63)	($0.19)	$0.47	$1.69	$0.32
Weighted Average Diluted Shares Outstanding	29.51M	29.51M	28.19M	19.65M	18.77M	17.75M	17.42M	86.32M	84.91M	85.83M	79.11M
Weighted Average Basic & Diluted Shares Outstanding	30.13M	29.51M	28.19M	19.65M	18.77M	17.75M	17.42M	84.71M	84.91M	85.83M	79.11M
Cash Dividends to Common per Share	$1.50	$1.00	-	$0.10	$0.50	$0.25	$0.25	$0.05	-	$0.06	$0.15

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

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

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

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 fiscal year end?

According to the most recent income statement we have on file, Tsakos Energy Navigation's financial year ends in December. Their financial 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. Find out what analysts predict for Tsakos Energy Navigation in the coming months.

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 5/25/2025 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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