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TENTsakos Energy Navigation Limited
$35.37$1.1B
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TEN logoTsakos Energy Navigation Limited(TEN)Earnings, Financials & Key Ratios

TEN•NYSE
$35.37
7.9× P/E·Price updated Jul 7, 2026
SectorEnergyIndustryMidstream Oil & GasSub-IndustryMarine Tanker Shipping
AboutTsakos Energy Navigation Limited provides seaborne crude oil and petroleum product transportation services worldwide. The company offers marine transportation services for national, major, and other independent oil companies and refiners under long, medium, and short-term charters. It also operates a fleet of double-hull vessels, comprising of conventional tankers, LNG carriers, and suezmax DP2 shuttle tankers. The company was formerly known as MIF Limited and changed its name to Tsakos Energy Navigation Limited in July 2001. The company was incorporated in 1993 and is based in Athens, Greece.Show more
  • Revenue$799M-0.7%
  • EBITDA$411M-1.8%
  • Net Income$161M-8.7%
  • EPS (Diluted)4.45-11.5%
  • Gross Margin35.41%+3.4%
  • EBITDA Margin51.44%-1.1%
  • Operating Margin30.14%-13.0%
  • Net Margin20.15%-8.1%
  • ROE8.86%-14.0%

TEN Price & Volume

Tsakos Energy Navigation Limited (TEN) stock price & volume — 10-year historical chart

Loading chart...

Fleet Expansion Strategy Drives Volatile Revenue Growth

Investment Thesis • Updated 2025Q4

VerdictNeutral
Growth:Mixed
Profitability:Moderate
Financial:Mixed
Cash Flow:Mixed
Primary Risk:Fleet renewal capital intensity

Key Thesis Takeaways

  • Tsakos Energy Navigation is currently navigating a capital-intensive fleet renewal cycle, evidenced by a net PPE increase to $3.5B as of 2025Q4.
  • While the company maintains a stable debt-to-equity ratio of 1.04, the aggressive deployment of capital into vessel acquisitions has compressed the current ratio to 0.95, signaling tightening liquidity.
  • Investors should monitor whether the shift toward long-term asset utility can consistently overcome the inherent volatility in spot market charter rates and the lumpy nature of operating margins.

Verdict Logic

while the stock trades at a forward P/E of 4.97, the significant capital intensity—evidenced by 2025Q4 CapEx representing 42.5% of revenue—warrants caution regarding near-term free cash flow generation.

TEN Growth Metrics

Tsakos Energy Navigation Limited (TEN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-20.78%
5 Years4.4%
3 Years-2.45%
TTM-4.22%

Profit CAGR

10 Years-4.2%
5 Years46.31%
3 Years-7.64%
TTM-24.85%

EPS CAGR

10 Years0.82%
5 Years-
3 Years-9.53%
TTM-30.29%

Return on Capital

10 Years4.84%
5 Years6.75%
3 Years9.66%
Last Year7.09%

TEN Recent Earnings

Tsakos Energy Navigation Limited (TEN) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 12/12 qtrs (100%)
Q2 2026Latest
May 21, 2026
Metric
Actual
Est
EPS
$2.72+31.4%
$2.07
Rev
$223M+6.9%
$209M
Q2 2026
Mar 6, 2026
Metric
Actual
Est
EPS
$1.70+58.9%
$1.07
Rev
$195M+12.9%
$173M
Q4 2025
Nov 20, 2025
Metric
Actual
Est
EPS
$1.05+36.4%
$0.77
Rev
$186M+14.4%
$163M
Q4 2025
Sep 10, 2025
Metric
Actual
Est
EPS
$0.67+13.6%
$0.59
Rev
$193M+24.4%
$155M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 21, 2026
$2.72vs $2.07+31.4%
$223Mvs $209M+6.9%
Q2 2026Mar 6, 2026
$1.70vs $1.07+58.9%
$195Mvs $173M+12.9%
Q4 2025Nov 20, 2025
$1.05vs $0.77+36.4%
$186Mvs $163M+14.4%
Q4 2025Sep 10, 2025
$0.67vs $0.59+13.6%
$193Mvs $155M+24.4%
Based on last 12 quarters of dataView full earnings history →

Latest TEN News

Recent stock market news and headlines for Tsakos Energy Navigation Limited (TEN)

GlobeNewsWire·6 days ago
TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares

ATHENS, Greece, July 02, 2026 (GLOBE NEWSWIRE) -- TEN Ltd. (NYSE: TEN) (“TEN” or the “Company”), a leading diversified tanker and LNG operator, today announced that its Board of Directors declared the regular quarterly cash dividend of approximately $0.59375 per share for its Series F Cumulative Redeemable Perpetual Preferred Shares (the “Series F Preferred Shares”; NYSE: TENPRF).

GlobeNewsWire·6 days ago
TEN Ltd. Announces Second LNG Carrier Order in Hyundai Heavy Industries

20-vessel newbuilding program on schedule Shuttle tanker Anfield DP to be delivered in July 2026 in South Korea $3.5 billion in minimum secured revenues ATHENS, Greece, July 01, 2026 (GLOBE NEWSWIRE) -- TEN Ltd. (NYSE: TEN) (“TEN” or the “Company”), a leading diversified tanker and LNG operator, today announced the order of a second LNG carrier at Hyundai Heavy Industries in South Korea, with expected delivery in the first quarter of 2029.

GlobeNewsWire·Jun 15, 2026
TEN Ltd. Declares Common Stock Dividend

36% increase compared to 2025Total dividends to be paid exceed $1 billion since NYSE stock listing ATHENS, Greece, June 15, 2026 (GLOBE NEWSWIRE) -- TEN Ltd. (NYSE: TEN) (“TEN” or the “Company”), a leading diversified tanker and LNG operator, today announced that following the Company's 2026 Annual General Meeting, its Board of Directors has declared the distribution of its second semi-annual dividend to common shareholders.

Peers Comparison

Key metrics vs top competitors for Tsakos Energy Navigation Limited (TEN)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
TEN logoTENTsakos Energy Navigation LimitedCurrent
$35.37$1.07B7.95-0.67%20.15%8.86%5.72%
TNK logoTNKTeekay Tankers Ltd.
$69.33$2.4B6.86-22.58%42.6%21.4%—
INSW logoINSWInternational Seaways, Inc.
$85.23$4.22B13.68-11.38%55.39%27.13%—
DHT logoDHTDHT Holdings, Inc.
$17.29$2.78B13.20-13.04%58.56%29.14%—
STNG logoSTNGScorpio Tankers Inc.
$69.53$3.6B9.89-24.58%48.44%15.85%—
NAT logoNATNordic American Tankers Limited
$5.89$1.25B101.55-16.39%16.26%11.76%—

Compare TEN vs Peers

Tsakos Energy Navigation Limited (TEN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs TNK

Most directly comparable listed peer for TEN.

Scale Benchmark

vs XOM

Larger-name benchmark to compare TEN against a more recognizable public peer.

Peer Set

Compare Top 5

vs TNK, INSW, DHT, STNG

TEN SEC Filings & Documents

Tsakos Energy Navigation Limited (TEN) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Nov 17, 2022·SEC

Material company update

Nov 14, 2022·SEC

Material company update

Nov 7, 2022·SEC

10-K Annual Reports

1
FY 2022

Feb 24, 2022·SEC

10-Q Quarterly Reports

6
FY 2022

Oct 31, 2022·SEC

FY 2022

Aug 4, 2022·SEC

FY 2022

May 5, 2022·SEC

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TEN Frequently Asked Questions

Tsakos Energy Navigation Limited (TEN) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Tsakos Energy Navigation Limited's revenue?

Tsakos Energy Navigation Limited (TEN) reported $800.7M in revenue for fiscal year 2025. This represents a 88% decrease from $6.65B in 1996.

How fast is Tsakos Energy Navigation Limited growing?

Tsakos Energy Navigation Limited (TEN) saw revenue decline by 0.7% over the past year.

Is TEN profitable?

Yes, Tsakos Energy Navigation Limited (TEN) is profitable, generating $141.8M in net income for fiscal year 2025 (20.1% net margin).

Dividend & Returns
Does TEN pay dividends?

Yes, Tsakos Energy Navigation Limited (TEN) pays a dividend with a yield of 5.72%. This makes it attractive for income-focused investors.

What is TEN's return on equity?

Tsakos Energy Navigation Limited (TEN) has a return on equity (ROE) of 8.9%. This is below average, suggesting room for improvement.

What is Tsakos Energy Navigation Limited's free cash flow?

Tsakos Energy Navigation Limited (TEN) had negative free cash flow of $1.14B in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in TEN back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →