TEN
$51.18-0.58%
Tsakos Energy Navigation LtdStock · Energy
TEN financial statements
The full income statement, balance sheet, and cash-flow statement for Tsakos Energy Navigation Ltd (TEN), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2017-12 17.3M2018-12 17.5M2019-12 19.0M2020-12 18.2M2021-12 24.6M2022-12 29.5M2023-12 29.5M2024-12 30.1M2025-12 30.1M+74.5% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 799M-0.7% | 804M-9.6% | 890M+3.4% | 860M+57.5% | 546M-15.2% | |
| Selling, general & administrative | 42.1M-7.3% | 45.4M+36.1% | 33.3M+11.7% | 29.9M+2.5% | 29.1M+0.3% | |
| General & administrative | 42.1M-7.3% | 45.4M+36.1% | 33.3M+11.7% | 29.9M+2.5% | 29.1M+0.3% | |
| Operating income | 252M-9.4% | 279M-28.8% | 391M+52.7% | 256M+313.9% | -120M-224.0% | |
| Interest expense | 94.0M-17.0% | 113M+11.3% | 102M+83.6% | 55.5M+43.8% | 38.6M-22.2% | |
| Interest & investment income | 10.5M-30.6% | 15.1M+3.7% | 14.6M+629.1% | 2.00M+184.5% | 703K-34.4% | |
| Other non-operating income | -26.0K-126.3% | 99.0K+156.3% | -176K-148.1% | 366K+2133.3% | -18.0K-150.0% | |
| 161M-8.7% | 176M-41.3% | 300M+47.0% | 204M+234.9% | -151M-730.8% | ||
| Net income to non-controlling interest | 4.04M-25.2% | 5.40M+10.1% | 4.90M+15.8% | 4.23M+416.1% | 820K-74.5% | |
| Net income to common | 132M-10.8% | 148M-44.4% | 267M+58.5% | 168M+189.9% | -187M-1142.0% | |
| $4.45-11.5% | $5.03-44.4% | $9.04+50.4% | $6.01+163.1% | -$9.53-1091.2% | ||
| EPS (basic) | $4.45-11.5% | $5.03-44.4% | $9.04+50.2% | $6.02+163.2% | -$9.53-1091.2% | |
| Weighted-avg shares (basic) | 29.7M+0.8% | 29.5M+0.0% | 29.5M+5.5% | 28.0M+42.3% | 19.7M+4.7% | |
| Weighted-avg shares (diluted) | 29.7M+0.8% | 29.5M+0.0% | 29.5M+4.7% | 28.2M+43.4% | 19.7M+4.7% | |
| Dividends per share | $2.00+33.3% | $1.50+50.0% | $1.00+300.0% | $0.25+150.0% | $0.10-80.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 435M-3.8% | 452M-11.3% | 509M-0.7% | 513M+114.1% | 240M-25.4% | ||
| Cash & equivalents | 293M-14.6% | 343M-7.7% | 372M+22.2% | 304M+159.7% | 117M-27.0% | |
| Accounts receivable | 41.1M+55.3% | 26.5M-43.4% | 46.7M-40.3% | 78.2M+155.4% | 30.6M+21.2% | |
| Inventory | 12.6M-33.5% | 18.9M-15.8% | 22.5M-14.1% | 26.2M+14.4% | 22.9M+5.1% | |
| Other current assets | 19.5M-46.4% | 36.3M+38.1% | 26.3M+68.9% | 15.6M | — | |
| 3.95B+6.7% | 3.71B+10.2% | 3.36B+1.7% | 3.31B+14.3% | 2.89B-7.0% | ||
| Property, plant & equipment | 3.16B+8.1% | 2.92B+12.3% | 2.60B+0.8% | 2.58B+7.4% | 2.40B-8.1% | |
| Operating lease right-of-use | 7.77M-51.2% | 15.9M-56.9% | 37.0M-37.0% | 58.7M-33.7% | 88.6M+32.0% | |
| Long-term investments | — | — | — | — | 1.00M+0.0% | |
| 458M+12.1% | 409M+26.4% | 323M-12.6% | 370M+11.3% | 332M-13.1% | ||
| Accounts payable | 42.7M-23.6% | 55.8M+38.9% | 40.2M-16.5% | 48.2M-35.7% | 74.9M+35.5% | |
| Accrued liabilities | 68.1M+36.5% | 49.9M+49.4% | 33.4M-7.7% | 36.2M+30.0% | 27.9M-31.3% | |
| Deferred revenue | 17.3M-53.8% | 37.4M+17.3% | 31.9M+22.5% | 26.0M+188.8% | 9.02M-28.5% | |
| Short-term & current debt | 295M+20.4% | 245M+32.3% | 186M-4.5% | 194M+12.4% | 173M-25.6% | |
| Current lease liability | 7.77M-33.1% | 11.6M-44.8% | 21.0M-3.2% | 21.7M-26.9% | 29.7M+41.8% | |
| Finance lease liability (current) | — | — | 0.00-100.0% | 28.0M | 0.00-100.0% | |
| Long-term debt | 1.49B+9.8% | 1.35B+11.0% | 1.22B+0.2% | 1.22B+1.5% | 1.20B-5.3% | |
| Non-current lease liability | 0.00-100.0% | 4.33M-72.8% | 15.9M-56.9% | 37.0M-37.2% | 58.8M+27.5% | |
| Operating lease liability (total) | 8.02M-52.9% | 17.0M-56.5% | 39.1M | — | — | |
| Finance lease liability (total) | — | — | — | — | 4.19M-18.6% | |
| Finance lease liability | — | — | — | 2.16M-32.3% | 3.20M-24.7% | |
| 1.82B+5.3% | 1.73B+6.7% | 1.62B+10.0% | 1.47B+18.6% | 1.24B-8.3% | ||
| Preferred stock | 11.5M+0.0% | 11.5M+0.0% | 11.5M-23.4% | 15.0M-2.9% | 15.5M-7.1% | |
| Common stock | 152M+0.0% | 152M+0.4% | 151M+0.0% | 151M+19.6% | 126M+31.5% | |
| Additional paid-in capital | 927M+0.8% | 920M+0.8% | 912M-8.2% | 993M+2.0% | 974M+2.6% | |
| Retained earnings | 738M+13.1% | 653M+19.0% | 548M+75.9% | 312M+108.5% | 150M-55.9% | |
| Treasury stock | 6.79M+0.0% | 6.79M+0.0% | 6.79M+0.0% | 6.79M+0.0% | 6.79M-30.9% | |
| Accumulated other comprehensive income | -1.89M-108.6% | -904K-136.4% | 2.48M-67.6% | 7.67M+144.6% | -17.2M+53.6% | |
| Non-controlling interest | 43.5M+10.2% | 39.5M+15.8% | 34.1M-33.2% | 51.0M+0.1% | 51.0M+81.2% | |
| Total equity incl. non-controlling | 1.86B+5.4% | 1.77B+6.9% | 1.65B+8.5% | 1.52B+17.9% | 1.29B-6.5% | |
| Total liabilities & equity | 3.95B+6.7% | 3.71B+10.2% | 3.36B+1.7% | 3.31B+14.3% | 2.89B-7.0% | |
| Common shares issued | 30.8M+0.0% | 30.8M+2.1% | 30.2M+0.0% | 30.2M+19.6% | 25.2M+31.5% | |
| Common shares outstanding | 30.1M+0.0% | 30.1M+2.1% | 29.5M+0.0% | 29.5M+20.1% | 24.6M+34.9% | |
| Shares outstanding (cover) | 30.1M+0.0% | 30.1M+2.1% | 29.5M+0.0% | 29.5M+20.1% | 24.6M+34.9% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 298M-3.3% | 308M-22.2% | 395M+37.0% | 289M+443.3% | 53.1M-74.1% | ||
| Depreciation & amortization | 170M+6.3% | 160M+10.9% | 144M+2.4% | 141M-1.7% | 143M+4.5% | |
| Change in inventory | -6.36M-78.3% | -3.56M+3.8% | -3.70M-212.3% | 3.30M+198.6% | 1.10M-87.4% | |
| -458M-3.7% | -442M-221.3% | -137M+54.5% | -302M-3670.8% | -8.00M+91.5% | ||
| Capital expenditure | 302M-38.3% | 490M+199.2% | 164M-45.7% | 302M+5263.0% | 5.62M | |
| Free cash flow | -4.53M+97.5% | -182M-178.5% | 232M+1877.6% | -13.0M-127.4% | 47.5M | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Proceeds from sale of PP&E | 99.0M-56.6% | 228M+37.6% | 166M+425.9% | 31.6M-40.7% | 53.2M-43.2% | |
| 110M+4.5% | 106M+155.4% | -191M-197.5% | 196M+318.0% | -89.7M+34.4% | ||
| Long-term debt issued | 491M+19.5% | 411M-0.2% | 411M-41.3% | 701M+269.5% | 190M-45.6% | |
| Long-term debt repaid | 318M+40.5% | 226M-47.0% | 426M-13.7% | 494M+55.0% | 319M-16.9% | |
| Common stock issued | 0.00 | 0.00 | 0.00-100.0% | 43.8M-18.0% | 53.5M+1445.1% | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00-100.0% | 168K-98.3% | |
| Dividends paid | 60.1M-16.3% | 71.8M+16.1% | 61.9M+41.5% | 43.7M+20.4% | 36.3M-22.3% | |
| Interest paid | 94.0M-13.5% | 109M+7.2% | 101M+107.1% | 48.9M+19.8% | 40.8M-24.1% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 675M+29.3% | 522M-20.3% | 656M+57.6% | 416M+133.8% | 178M+21.6% | |
| P/E | 4.2×+41.6% | 3.0×-7.7% | 3.2× | — | — | |
| P/S | 0.8×+30.2% | 0.6×-14.7% | 0.8×+0.1% | 0.8×+133.8% | 0.3×+43.4% | |
| P/B | 0.4×+22.8% | 0.3×-32.1% | 0.4×+32.9% | 0.3×+133.8% | 0.1×+32.7% | |
| P/FCF | — | — | — | 8.8×+133.8% | 3.7× | |
| Earnings yield | 23.8%-29.4% | 33.7%+8.3% | 31.2% | — | — | |
| FCF yield | — | — | — | 11.4%-57.2% | 26.7% | |
| Dividend yield | 8.9%+3.1% | 8.7%+92.2% | 4.5%+204.8% | 1.5%+6.9% | 1.4%-77.8% | |
| Source filing | 20-F | 20-F | 20-F | 20-F | 20-F |
About this data
Source: TEN’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TEN filings on SEC EDGAR → Not investment advice.