Tsakos Energy Navigation Limited(TEN-PE)Earnings, Financials & Key Ratios
TEN-PE•NYSE
$26.15
5.2× P/E·Price updated Jul 2, 2026
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$804M-9.6%
- EBITDA$389M-19.1%
- Net Income$175M-41.6%
- EPS (Diluted)5.03-44.4%
- Gross Margin34.2%-17.9%
- EBITDA Margin48.44%-10.5%
- Operating Margin28.55%-24.7%
- Net Margin21.8%-35.4%
- ROE10.25%-45.8%
TEN-PE Price & Volume
Tsakos Energy Navigation Limited (TEN-PE) stock price & volume — 10-year historical chart
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Cyclical Revenue Contraction Challenges Fleet Renewal Strategy
Investment Thesis • Updated 2025Q2
VerdictNeutral
Growth:Decelerating
Profitability:Moderate
Financial:Mixed
Cash Flow:Mixed
Primary Risk:Cyclical Charter Rate Volatility
Key Thesis Takeaways
- Tsakos Energy Navigation faces a challenging outlook as softening charter rates drive a 9.7% year-over-year revenue decline in 2025Q2, complicating the company's aggressive $3.3B investment in net PPE.
- While the company maintains a stable debt-to-equity ratio of 1.01, the heavy capital intensity required for fleet maintenance has effectively neutralized free cash flow generation.
- Investors should monitor whether the current 9.4% dividend yield can be sustained given the significant volatility in net income and the ongoing pressure on operating margins.
Verdict Logic
while the stock trades at a low 5.15x TTM P/E, the lack of free cash flow generation and the 71.6% year-over-year EPS decline in 2025Q2 suggest significant cyclical risks that warrant caution.
TEN-PE Growth Metrics
Tsakos Energy Navigation Limited (TEN-PE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years4.84%
5 Years6.12%
3 Years13.76%
TTM-4.12%
Profit CAGR
10 Years17.99%
5 Years-
3 Years-
TTM-12.99%
EPS CAGR
10 Years9.02%
5 Years-
3 Years-
TTM-16.43%
Return on Capital
10 Years4.54%
5 Years6.03%
3 Years9.28%
Last Year7.24%
TEN-PE Recent Earnings
Tsakos Energy Navigation Limited (TEN-PE) EPS & revenue vs analyst estimates — last 2 quarters
●Beat EPS 2/2 qtrs (100%)●Beat Revenue 2/2 qtrs (100%)
Q2 2026Latest
May 21, 2026Metric
Actual
Est
EPS
$2.72+31.4%
$2.07
Rev
$223M+6.9%
$209M
Q2 2026
Mar 6, 2026Metric
Actual
Est
EPS
$1.69+57.9%
$1.07
Rev
$195M+12.9%
$173M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 21, 2026 | $2.72vs $2.07+31.4% | $223Mvs $209M+6.9% |
| Q2 2026 | Mar 6, 2026 | $1.69vs $1.07+57.9% | $195Mvs $173M+12.9% |
Based on last 2 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Tsakos Energy Navigation Limited (TEN-PE)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $26.15 | $779.73M | 5.20 | -9.61% | 21.8% | 10.25% | 9.31% | |
| $64.33 | $2.23B | 6.37 | -22.58% | 42.6% | 21.4% | — | |
| $77.78 | $3.85B | 12.48 | -11.38% | 55.39% | 27.13% | — | |
| $16.53 | $2.66B | 12.62 | -13.04% | 58.56% | 29.14% | — | |
| $69.53 | $3.6B | 9.89 | -24.58% | 48.44% | 15.85% | — | |
| $5.56 | $1.18B | 95.86 | -16.39% | 16.26% | 11.76% | — |
Compare TEN-PE vs Peers
Tsakos Energy Navigation Limited (TEN-PE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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TEN-PE Frequently Asked Questions
Tsakos Energy Navigation Limited (TEN-PE) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Tsakos Energy Navigation Limited's revenue?
Tsakos Energy Navigation Limited (TEN-PE) reported $795.8M in revenue for fiscal year 2024. This represents a 829% increase from $85.6M in 1999.
How fast is Tsakos Energy Navigation Limited growing?
Tsakos Energy Navigation Limited (TEN-PE) saw revenue decline by 9.6% over the past year.
Is TEN-PE profitable?
Yes, Tsakos Energy Navigation Limited (TEN-PE) is profitable, generating $148.7M in net income for fiscal year 2024 (21.8% net margin).
Dividend & Returns
Does TEN-PE pay dividends?
Yes, Tsakos Energy Navigation Limited (TEN-PE) pays a dividend with a yield of 9.31%. This makes it attractive for income-focused investors.
What is TEN-PE's return on equity?
Tsakos Energy Navigation Limited (TEN-PE) has a return on equity (ROE) of 10.3%. This is reasonable for most industries.
What is Tsakos Energy Navigation Limited's free cash flow?
Tsakos Energy Navigation Limited (TEN-PE) had negative free cash flow of $347.1M in fiscal year 2024, likely due to heavy capital investments.