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Tsakos Energy Navigation Limited

Price Chart
Latest Quote

$38.29

+0.48 (+1.27%)
Current Price
Previous Close $37.81
Open $37.26
Day High $38.29
Day Low $36.70
Volume 291,006
Fetched: 2026-06-18T21:16:09
Stock Information
Quarterly Dividend / Yield $2.00 / 5.19%
Shares Outstanding 30.13M
Quarterly Dividend Yield 5.19%
Quarterly Dividend $2.00
Total Debt $2.14B
Cash Equivalents $321.42M
Revenue $854.60M
Net Income $183.21M
Sector Energy
Industry Oil & Gas Midstream
Market Cap $1.15B
P/E Ratio 6.25
EPS (TTM) $6.13
Exchange NYQ
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📊 Comprehensive Analysis
Company Data
Enterprise Value$2.97B
Sales$854.60M
Income$183.21M
Book/sh$62.48
Cash/sh$10.67
Financial Ratios
Debt/Eq109.66
EPS Growth TTM135.60%
Returns & Margins
ROA4.62%
ROE11.65%
Gross Margin59.72%
Operating Margin43.44%
Profit Margin24.81%
Ownership
Insider Ownership28.09%
Institutional Ownership33.11%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E13.05
P/S1.35
P/B0.61
Analyst Data
Recommendationnone
Target Price$46.00
Technical Indicators
SMA20$38.54
SMA50$40.05
SMA200$30.10
RSI55.64
ATR1.4557
Shares Float21.51M
Short Float1.35%
Short Ratio1.09
Volatility-0.29
Rel Volume0.87
Performance History
Week+3.18%
Month-10.79%
Quarter+5.51%
6 Months+69.35%
YTD+74.92%
Year+91.96%
3 Years+157.87%
5 Years+412.89%
10 Years+115.47%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-18 $38.29 291,006
2026-06-17 $37.81 182,500
2026-06-16 $38.52 283,500
2026-06-15 $38.90 537,300
2026-06-12 $38.77 212,800
2026-06-11 $37.11 195,500
2026-06-10 $37.14 162,300
2026-06-09 $37.10 190,300
2026-06-08 $36.83 208,300
2026-06-05 $37.00 250,400
2026-06-04 $36.42 209,200
2026-06-03 $36.92 243,400
2026-06-02 $37.34 498,500
2026-06-01 $37.92 618,400
2026-05-29 $37.58 393,400
2026-05-28 $38.01 588,400
2026-05-27 $40.10 369,700
2026-05-26 $41.92 314,400
2026-05-22 $42.61 573,900
2026-05-21 $44.47 361,000
2026-05-20 $44.11 313,300
2026-05-19 $42.92 288,600
About Tsakos Energy Navigation Limited

Tsakos Energy Navigation Limited, together with its subsidiaries, provides seaborne crude oil and petroleum product transportation services in Greece and internationally. The company owns and operates various vessels, including VLCC, Suezmax, Aframax, Panamax, Handysize, MR, LNG carrier, and shuttle DP2 tankers. It also provides marine transportation services for national, major, and other independent oil companies and refiners. The company was formerly known as MIF Limited and changed its name to Tsakos Energy Navigation Limited in July 2001. Tsakos Energy Navigation Limited was incorporated in 1993 and is based in Athens, Greece.

Period:
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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $516,749,000 $528,792,000 $519,559,000 $573,753,000
Total Revenue $798,689,000 $804,061,000 $889,566,000 $860,400,000
Operating Revenue $798,689,000 $804,061,000 $889,566,000 $860,400,000
Cost Of Revenue - - - -
Expenses
Interest Expense $94,018,000 $113,301,000 $102,595,000 $55,454,000
Total Expenses $558,828,000 $574,165,000 $552,898,000 $603,607,000
Rent Expense Supplemental $13,551,000 $17,966,000 $24,680,000 $32,774,000
Other Income Expense $10,905,000 $50,048,000 $55,024,000 $9,321,000
Other Non Operating Income Expenses $-26,000 $99,000 $-176,000 $366,000
Net Non Operating Interest Income Expense $-85,822,000 $-98,314,000 $-86,608,000 $-57,648,000
Total Other Finance Cost $2,296,000 $137,000 $-1,405,000 $4,194,000
Interest Expense Non Operating $94,018,000 $113,301,000 $102,595,000 $55,454,000
Operating Expense $42,079,000 $45,373,000 $33,339,000 $29,854,000
General And Administrative Expense $42,079,000 $45,373,000 $33,339,000 $29,854,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $160,904,000 $176,231,000 $300,182,000 $204,234,000
Net Interest Income $-85,822,000 $-98,314,000 $-86,608,000 $-57,648,000
Interest Income $10,492,000 $15,124,000 $14,582,000 $2,000,000
Normalized Income $152,377,820 $137,270,780 $257,126,000 $197,249,100
Net Income From Continuing And Discontinued Operation $160,904,000 $176,231,000 $300,182,000 $204,234,000
Total Operating Income As Reported $252,317,000 $278,558,000 $391,499,000 $256,353,000
Net Income Common Stockholders $132,302,000 $148,272,000 $266,742,000 $168,260,000
Net Income $160,904,000 $176,231,000 $300,182,000 $204,234,000
Net Income Including Noncontrolling Interests $164,944,000 $181,630,000 $305,084,000 $208,466,000
Net Income Continuous Operations $164,944,000 $181,630,000 $305,084,000 $208,466,000
Pretax Income $164,944,000 $181,630,000 $305,084,000 $208,466,000
Special Income Charges $12,456,000 $48,662,000 $54,831,000 $-440,000
Interest Income Non Operating $10,492,000 $15,124,000 $14,582,000 $2,000,000
Operating Income $239,861,000 $229,896,000 $336,668,000 $256,793,000
Gross Profit $281,940,000 $275,269,000 $370,007,000 $286,647,000
Average Dilution Earnings - $0 $0 $1,281,000
Per Share
Diluted EPS $4.45 $5.03 $9.04 $6.01
Basic EPS $4.45 $5.03 $9.04 $6.02
Other
Tax Effect Of Unusual Items $2,404,820 $10,988,780 $12,144,000 $1,970,100
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $396,338,000 $384,793,000 $475,596,000 $376,540,000
Total Unusual Items $10,931,000 $49,949,000 $55,200,000 $8,955,000
Total Unusual Items Excluding Goodwill $10,931,000 $49,949,000 $55,200,000 $8,955,000
Reconciled Depreciation $148,307,000 $139,811,000 $123,117,000 $121,575,000
EBITDA (Bullshit earnings) $407,269,000 $434,742,000 $530,796,000 $385,495,000
EBIT $258,962,000 $294,931,000 $407,679,000 $263,920,000
Diluted Average Shares $29,739,492 $29,505,603 $29,505,603 $28,188,064
Basic Average Shares $29,739,492 $29,505,603 $29,505,603 $27,970,799
Diluted NI Availto Com Stockholders $132,302,000 $148,272,000 $266,742,000 $169,541,000
Otherunder Preferred Stock Dividend $1,602,000 $959,000 $0 $1,250,000
Preferred Stock Dividends $27,000,000 $27,000,000 $33,440,000 $34,724,000
Minority Interests $-4,040,000 $-5,399,000 $-4,902,000 $-4,232,000
Gain On Sale Of Ppe $12,456,000 $48,662,000 $81,198,000 $-440,000
Write Off $0 $0 $26,367,000 $0
Gain On Sale Of Security $-1,525,000 $1,287,000 $369,000 $9,395,000
Selling General And Administration $42,079,000 $45,373,000 $33,339,000 $29,854,000
Other Gand A $42,079,000 $45,373,000 $33,339,000 $29,854,000
Fetched: 2026-06-16
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $1,819,476,000 $1,727,708,000 $1,618,557,000 $1,471,897,000
Total Assets $3,953,081,000 $3,706,522,000 $3,364,090,000 $3,308,575,000
Total Non Current Assets $3,518,449,000 $3,254,719,000 $2,854,754,000 $2,795,461,000
Non Current Deferred Assets $23,786,000 $38,135,000 $33,682,000 $44,372,000
Financial Assets $0 $84,000 $0 $0
Investmentin Financial Assets $25,233,000 $25,230,000 $5,064,000 $0
Current Assets $434,632,000 $451,803,000 $509,336,000 $513,114,000
Other Current Assets $28,088,000 $44,664,000 $30,188,000 $22,378,000
Hedging Assets Current $1,296,000 $509,000 $1,253,000 $193,000
Current Deferred Assets $777,000 $1,437,000 $1,448,000 $1,904,000
Restricted Cash $9,087,000 $9,209,000 $8,932,000 $9,342,000
Inventory $12,591,000 $18,948,000 $22,513,000 $26,217,000
Receivables $53,846,000 $33,663,000 $51,985,000 $87,087,000
Other Receivables $12,767,000 $4,370,000 - -
Accounts Receivable $41,079,000 $26,451,000 $46,698,000 $78,198,000
Cash Cash Equivalents And Short Term Investments $328,947,000 $343,373,000 $372,032,000 $304,367,000
Cash And Cash Equivalents $293,312,000 $343,373,000 $372,032,000 $304,367,000
Non Current Accounts Receivable - $8,183,000 $23,812,000 $23,307,000
Assets Held For Sale Current - $0 $20,985,000 $61,626,000
Prepaid Assets - - - $22,378,000
Debt
Net Debt $1,194,051,000 $1,011,050,000 $848,717,000 $1,072,464,000
Total Debt $1,788,075,000 $1,614,193,000 $1,442,865,000 $1,667,811,000
Long Term Debt And Capital Lease Obligation $1,487,363,000 $1,358,752,000 $1,237,783,000 $1,415,964,000
Long Term Debt $1,487,363,000 $1,354,423,000 $1,220,749,000 $1,376,831,000
Current Debt And Capital Lease Obligation $300,712,000 $255,441,000 $205,082,000 $251,847,000
Current Debt - - - $201,046,000
Other Current Borrowings - - - $201,046,000
Liabilities
Total Liabilities Net Minority Interest $2,090,076,000 $1,939,325,000 $1,711,443,000 $1,785,656,000
Total Non Current Liabilities Net Minority Interest $1,632,036,000 $1,530,806,000 $1,388,241,000 $1,415,969,000
Other Non Current Liabilities $144,200,000 $172,054,000 $149,934,000 -
Derivative Product Liabilities $473,000 $0 $524,000 $5,000
Current Liabilities $458,040,000 $408,519,000 $323,202,000 $369,687,000
Other Current Liabilities $11,028,000 $9,041,000 $9,062,000 $1,031,000
Current Deferred Liabilities $17,273,000 $37,410,000 $31,902,000 $26,049,000
Payables And Accrued Expenses $129,027,000 $106,627,000 $77,156,000 $91,791,000
Payables $60,910,000 $56,726,000 $43,765,000 $55,595,000
Dividends Payable $15,064,000 $0 - -
Accounts Payable $42,676,000 $55,846,000 $40,207,000 $48,156,000
Equity
Common Stock Equity $1,807,983,000 $1,716,215,000 $1,607,064,000 $1,456,887,000
Preferred Stock Equity $11,493,000 $11,493,000 $11,493,000 $15,010,000
Total Equity Gross Minority Interest $1,863,005,000 $1,767,197,000 $1,652,647,000 $1,522,919,000
Stockholders Equity $1,819,476,000 $1,727,708,000 $1,618,557,000 $1,471,897,000
Gains Losses Not Affecting Retained Earnings $-1,886,000 $-904,000 $2,485,000 $7,665,000
Other Equity Adjustments $-1,886,000 $-904,000 $2,485,000 $7,665,000
Retained Earnings $738,350,000 $652,651,000 $548,237,000 $311,726,000
Other
Treasury Shares Number $678,173 $678,173 $678,173 $678,173
Preferred Shares Number $11,493,094 $11,493,094 $11,493,094 $15,010,155
Ordinary Shares Number $30,127,603 $30,127,603 $29,505,603 $29,505,603
Share Issued $30,805,776 $30,805,776 $30,183,776 $30,183,776
Tangible Book Value $1,807,983,000 $1,716,215,000 $1,607,064,000 $1,456,887,000
Invested Capital $3,295,346,000 $3,070,638,000 $2,827,813,000 $2,833,718,000
Working Capital $-23,408,000 $43,284,000 $186,134,000 $143,427,000
Capital Lease Obligations $8,019,000 $17,034,000 $39,132,000 $89,934,000
Total Capitalization $3,306,839,000 $3,082,131,000 $2,839,306,000 $2,848,728,000
Minority Interest $43,529,000 $39,489,000 $34,090,000 $51,022,000
Treasury Stock $6,791,000 $6,791,000 $6,791,000 $6,791,000
Additional Paid In Capital $926,769,000 $919,718,000 $912,214,000 $993,368,000
Capital Stock $163,034,000 $163,034,000 $162,412,000 $165,929,000
Common Stock $151,541,000 $151,541,000 $150,919,000 $150,919,000
Preferred Stock $11,493,000 $11,493,000 $11,493,000 $15,010,000
Long Term Capital Lease Obligation $0 $4,329,000 $17,034,000 $39,133,000
Current Deferred Revenue $17,273,000 $37,410,000 $31,902,000 $26,049,000
Current Capital Lease Obligation $8,019,000 $12,705,000 $22,098,000 $50,801,000
Current Accrued Expenses $68,117,000 $49,901,000 $33,391,000 $36,196,000
Dueto Related Parties Current $3,170,000 $880,000 $3,558,000 $7,439,000
Investments And Advances $25,233,000 $25,230,000 $5,064,000 $0
Held To Maturity Securities $25,233,000 $25,230,000 $5,064,000 $0
Net PPE $3,469,430,000 $3,183,087,000 $2,792,196,000 $2,727,782,000
Accumulated Depreciation $-1,188,616,000 $-1,111,091,000 $-1,016,202,000 $-972,032,000
Gross PPE $4,658,046,000 $4,294,178,000 $3,808,398,000 $3,699,814,000
Leases $3,717,000 $975,000 $4,631,000 -
Construction In Progress $301,868,000 $246,392,000 $150,575,000 $46,650,000
Machinery Furniture Equipment $4,352,461,000 $4,046,811,000 $3,653,192,000 $3,653,164,000
Duefrom Related Parties Current $0 $2,842,000 $5,287,000 $8,889,000
Other Short Term Investments $35,635,000 $0 - -
Fetched: 2026-06-16
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $-224,121,000 $-342,338,000 $96,894,000 $-44,840,000
Operating Activities
Operating Cash Flow $297,622,000 $307,684,000 $395,279,000 $288,529,000
Cash Flow From Continuing Operating Activities $297,622,000 $307,684,000 $395,279,000 $288,529,000
Operating Gains Losses $-12,202,000 $-52,203,000 $-87,066,000 $10,712,000
Investing Activities
Capital Expenditure $-521,743,000 $-650,022,000 $-298,385,000 $-333,369,000
Investing Cash Flow $-458,118,000 $-441,606,000 $-137,441,000 $-301,814,000
Cash Flow From Continuing Investing Activities $-458,118,000 $-441,606,000 $-137,441,000 $-301,814,000
Net Other Investing Changes $-5,000,000 - - -
Financing Activities
Repurchase Of Capital Stock $0 $0 $-108,315,000 $-2,500,000
Financing Cash Flow $110,313,000 $105,540,000 $-190,583,000 $195,527,000
Cash Flow From Continuing Financing Activities $110,313,000 $105,540,000 $-190,583,000 $195,527,000
Net Other Financing Charges $-2,679,000 $-7,190,000 $-5,516,000 $-9,229,000
Cash Dividends Paid $-60,141,000 $-71,817,000 $-61,861,000 $-43,711,000
Net Preferred Stock Issuance $0 $0 $-108,315,000 $-2,308,000
Issuance Of Capital Stock - $0 $0 $44,033,000
Preferred Stock Issuance - $0 $0 $192,000
Net Common Stock Issuance - $0 $0 $43,841,000
Common Stock Issuance - $0 $0 $43,841,000
Other
Repayment Of Debt $-317,719,000 $-226,085,000 $-426,315,000 $-494,171,000
Issuance Of Debt $490,852,000 $410,632,000 $411,424,000 $701,105,000
Interest Paid Supplemental Data $94,003,000 $108,648,000 $101,344,000 $48,946,000
End Cash Position $298,129,000 $348,312,000 $376,694,000 $309,439,000
Beginning Cash Position $348,312,000 $376,694,000 $309,439,000 $127,197,000
Changes In Cash $-50,183,000 $-28,382,000 $67,255,000 $182,242,000
Preferred Stock Payments $0 $0 $-108,315,000 $-2,500,000
Net Issuance Payments Of Debt $173,133,000 $184,547,000 $-14,891,000 $206,934,000
Net Long Term Debt Issuance $173,133,000 $184,547,000 $-14,891,000 $206,934,000
Long Term Debt Payments $-317,719,000 $-226,085,000 $-426,315,000 $-494,171,000
Long Term Debt Issuance $490,852,000 $410,632,000 $411,424,000 $701,105,000
Net Investment Purchase And Sale $-30,425,000 $-20,000,000 $-5,000,000 $0
Sale Of Investment $10,000,000 $0 $0 -
Purchase Of Investment $-40,425,000 $-20,000,000 $-5,000,000 $0
Net PPE Purchase And Sale $-422,693,000 $-421,606,000 $-132,441,000 $-301,814,000
Sale Of PPE $99,050,000 $228,416,000 $165,944,000 $31,555,000
Purchase Of PPE $-521,743,000 $-650,022,000 $-298,385,000 $-333,369,000
Change In Working Capital $-2,618,000 $45,827,000 $26,654,000 $-43,670,000
Change In Other Working Capital $-19,477,000 $5,519,000 $6,309,000 $18,543,000
Change In Payables And Accrued Expense $7,336,000 $23,275,000 $-14,635,000 $-18,719,000
Change In Accrued Expense $18,216,000 $10,314,000 $-2,805,000 $8,345,000
Change In Payable $-10,880,000 $12,961,000 $-11,830,000 $-27,064,000
Change In Account Payable $-10,880,000 $12,961,000 $-11,830,000 $-27,064,000
Change In Prepaid Assets $-929,000 $-3,398,000 $2,905,000 $-4,957,000
Change In Inventory $6,357,000 $3,565,000 $3,704,000 $-3,299,000
Change In Receivables $4,095,000 $16,866,000 $28,371,000 $-35,238,000
Other Non Cash Items $-7,860,000 $-15,507,000 $1,123,000 $-8,554,000
Stock Based Compensation $7,051,000 $8,126,000 $0 $0
Asset Impairment Charge $0 $0 $26,367,000 $0
Depreciation Amortization Depletion $148,307,000 $139,811,000 $123,117,000 $121,575,000
Depreciation And Amortization $148,307,000 $139,811,000 $123,117,000 $121,575,000
Depreciation $148,307,000 $139,811,000 $123,117,000 $121,575,000
Gain Loss On Investment Securities $254,000 $-3,541,000 $-5,868,000 $10,272,000
Gain Loss On Sale Of PPE $-12,456,000 $-48,662,000 $-81,198,000 $440,000
Net Income From Continuing Operations $164,944,000 $181,630,000 $305,084,000 $208,466,000
Common Stock Payments - - $0 $0
Fetched: 2026-06-16