Saturday 17 October 2026
Export TEN’s income statement to Excel — free account
Tsakos Energy Navigation Ltd
TEN Energy Oil & Gas Midstream
Tsakos Energy Navigation Ltd’s revenue for fiscal 2025 (year ended December 2025) was $798.7 million, down 0.67% from fiscal 2024. In the quarter to June 2026, revenue grew 54.4%, EPS grew 556.7% and free cash flow grew 185.9%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
51.07
0.41
−0.80%
Follow TEN
| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
5.03 | 3.43 | 2.50 | 2.70 | 0.00 | 0.00 | 0.00 | 0.00 | 7.68 | 3.95 |
Piotroski F-Score |
5 | 4 | 7 | 7 | 3 | 5 | 6 | 5 | 5 | 4 |
P/S ratio |
0.83 | 0.64 | 0.75 | 0.51 | 0.26 | 0.23 | 0.65 | 0.44 | 0.67 | 0.79 |
Altman Z-Score |
0.86 | 0.88 | 1.20 | 0.86 | 0.24 | 0.52 | 0.62 | 0.48 | 0.55 | 0.60 |
Altman Z″-Score (non-manufacturers) |
1.93 | 2.11 | 2.74 | 2.01 | 0.73 | 1.34 | 1.63 | 1.55 | 1.46 | 1.49 |
P/FCF ratio |
0.00 | 0.00 | 2.42 | 0.00 | 1.21 | 0.58 | 2.90 | 0.00 | 0.00 | 0.00 |
Beneish M-Score |
(2.24) | (3.12) | (3.19) | (2.30) | (2.04) | (2.51) | (2.52) | (2.29) | (2.54) | (2.59) |
P/Operating CF |
2.24 | 1.66 | 14.66 | 9.72 | 3.14 | 3.23 | 8.43 | 16.39 | 6.08 | 10.51 |
Dividend Safety Score |
22 | — | — | — | — | — | — | — | — | — |
P/B ratio |
0.36 | 0.29 | 0.41 | 0.29 | 0.11 | 0.11 | 0.27 | 0.16 | 0.23 | 0.30 |
Price to Tangible BV |
0.36 | 0.29 | 0.41 | 0.29 | 0.11 | 0.11 | 0.27 | 0.16 | 0.23 | 0.30 |
EV/Sales |
2.82 | 2.38 | 2.08 | 1.99 | 2.54 | 2.39 | 2.95 | 3.09 | 3.73 | 3.23 |
EV/EBITDA |
8.93 | 6.86 | 4.43 | 6.67 | 0.00 | 7.84 | 6.95 | 7.99 | 8.37 | 6.60 |
EV/Operating CF |
2.56 | 3.46 | 2.27 | 4.33 | 13.78 | 5.91 | 11.01 | 10.74 | 9.36 | 7.39 |
EV/FCF |
(5.05) | (8.62) | 6.74 | (44.45) | 11.83 | 6.14 | 13.22 | (24.64) | (7.00) | (13.70) |
Quick Ratio |
0.85 | 0.94 | 1.33 | 1.07 | 0.56 | 0.57 | 0.73 | 1.09 | 0.72 | 0.62 |
Current Ratio |
0.95 | 1.11 | 1.58 | 1.39 | 0.72 | 0.84 | 1.12 | 1.25 | 0.90 | 0.91 |
Net Debt/EBITDA |
3.89 | 3.26 | 2.11 | 3.18 | 11.03 | 4.99 | 5.19 | 7.29 | 7.19 | 7.59 |
Debt/Assets |
48.59% | 47.14% | 46.45% | 47.69% | 47.44% | 48.21% | 48.64% | 49.78% | 51.93% | 53.51% |
Debt/Equity |
1.03 | 0.99 | 0.95 | 1.04 | 1.06 | 1.09 | 1.04 | 1.06 | 1.16 | 1.24 |
Asset Turnover |
0.21 | 0.23 | 0.27 | 0.28 | 0.18 | 0.21 | 0.19 | 0.16 | 0.16 | 0.16 |
Operating CF/Net income |
2.25 | 2.08 | 1.48 | 1.71 | (0.28) | (13.63) | (6.58) | (0.56) | (10.57) | 4.27 |
Capex/Depreciation |
(2.72) | (2.82) | (0.92) | (2.11) | (0.05) | (0.67) | (0.71) | 0.00 | (1.69) | (5.00) |
Interest Coverage |
2.58 | 2.48 | 4.14 | 5.10 | (1.07) | 1.78 | 1.52 | 0.49 | 1.27 | 2.50 |
| 7.34% | 8.73% | 16.94% | 12.09% | (14.17%) | (1.07%) | (1.90%) | (8.91%) | (1.11%) | 2.83% | |
| 3.45% | 4.19% | 8.00% | 5.42% | (6.23%) | (0.48%) | (0.88%) | (4.04%) | (0.49%) | 1.29% | |
ROIC |
4.57% | 5.50% | 9.20% | 5.74% | (0.82%) | 2.89% | 2.52% | 0.82% | 1.48% | 1.89% |
Return on Tangible Assets |
3.85% | 4.62% | 9.08% | 6.07% | (7.75%) | (0.58%) | (1.02%) | (4.57%) | (0.54%) | 1.40% |
Average Days of Receivables |
24.61 | 15.28 | 21.33 | 36.94 | 38.74 | 26.10 | 36.93 | 38.76 | 28.68 | 34.08 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
5.27% | 5.64% | 3.75% | 3.47% | 5.33% | 4.51% | 4.64% | 5.10% | 4.97% | 5.32% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Share Based Compensation of Revenue |
0.88% | 1.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.09% | 0.11% |
Graham Net Nets |
(2.48) | (2.91) | (1.81) | (2.88) | (9.58) | (9.61) | (3.36) | (5.97) | (4.50) | (2.97) |
Graham Number |
79.04 | 82.23 | 106.25 | 84.16 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Earnings Yield |
19.89% | 29.12% | 40.02% | 37.03% | (125.14%) | (12.45%) | (6.51%) | (10.15%) | 13.02% | 25.31% |
Free Cash Flow Yield |
(66.89%) | (43.30%) | 41.27% | (8.72%) | 82.52% | 171.08% | 34.43% | (28.19%) | (79.63%) | (29.86%) |
Revenue per Share |
26.86 | 27.25 | 30.15 | 30.76 | 27.79 | 34.32 | 33.66 | 30.41 | 31.23 | 28.37 |
Operating CF per Share |
10.01 | 10.43 | 13.40 | 10.32 | 2.70 | 10.94 | 10.38 | 4.24 | 10.08 | 10.03 |
Capex per Share |
(14.21) | (14.29) | (4.49) | (10.79) | (0.41) | (5.04) | (5.76) | (0.01) | (14.27) | (33.92) |
Free Cash Flow per Share |
(4.21) | (3.86) | 8.91 | (0.47) | 2.30 | 5.90 | 4.63 | 4.23 | (4.19) | (23.89) |
Cash per Share |
11.27 | 11.82 | 12.77 | 11.06 | 6.47 | 9.15 | 11.14 | 12.66 | 11.96 | 11.65 |
Shareholders Equity per Share |
62.65 | 59.89 | 56.01 | 54.45 | 65.74 | 73.62 | 82.94 | 86.49 | 89.01 | 83.47 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
62.65 | 59.89 | 56.01 | 54.45 | 65.74 | 73.62 | 82.94 | 86.49 | 89.01 | 83.47 |
Free Cash Flow |
(125.07) | (113.92) | 262.84 | (13.28) | 45.11 | 110.80 | 82.14 | 73.77 | (70.97) | (405.72) |
Working Capital |
(23.41) | 43.28 | 186.13 | 143.43 | (92.43) | (60.57) | 42.81 | 63.20 | (34.53) | (34.97) |
Capital Expenditures |
(422.69) | (421.61) | (132.44) | (301.81) | (8.00) | (94.61) | (102.20) | (0.18) | (241.80) | (576.07) |
Net Current Asset Value |
(1,655.44) | (1,487.52) | (1,202.11) | (1,272.54) | (1,363.36) | (1,408.98) | (1,284.77) | (1,380.78) | (1,561.10) | (1,501.81) |
EV/EBIT |
8.93 | 6.86 | 4.43 | 6.67 | 0.00 | 12.61 | 30.96 | 27.46 | 17.94 | 11.28 |
Capex to Sales |
0.53 | 0.52 | 0.15 | 0.35 | 0.01 | 0.15 | 0.17 | 0.00 | 0.46 | 1.20 |
Price to Operating Income |
2.64 | 1.84 | 1.59 | 1.72 | 0.00 | 1.20 | 6.81 | 3.95 | 3.22 | 2.76 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.05 | 0.05 | 0.05 | 0.05 | 0.06 | 0.05 | 0.05 | 0.05 | 0.05 | 0.04 |
Cash ROIC |
(3.04%) | (2.95%) | 7.32% | (0.39%) | 1.62% | 3.63% | 2.56% | 2.22% | (2.05%) | (12.04%) |
Accounts Receivable Turnover |
18.25 | 18.78 | 12.79 | 11.86 | 10.50 | 12.09 | 10.24 | 10.83 | 12.23 | 10.18 |
Accounts Payable Turnover |
6.76 | 7.34 | 7.55 | 6.26 | 5.66 | 6.68 | 7.35 | 6.60 | 5.10 | 5.42 |
Inventory Turnover |
21.99 | 17.79 | 15.40 | 17.62 | 17.95 | 19.86 | 18.96 | 17.33 | 16.41 | 15.25 |
Average Days of Payables |
48.27 | 56.13 | 42.56 | 46.87 | 75.16 | 62.54 | 51.05 | 48.11 | 68.99 | 84.27 |
Days of Inventory on Hand |
13.26 | 18.75 | 21.89 | 22.10 | 20.84 | 23.01 | 15.01 | 23.41 | 20.68 | 27.06 |
Average Receivables |
43.75 | 42.82 | 69.54 | 72.53 | 52.01 | 53.26 | 58.36 | 48.92 | 43.28 | 47.31 |
Average Payables |
51.29 | 50.25 | 49.68 | 69.13 | 70.98 | 51.80 | 43.11 | 48.13 | 56.38 | 46.70 |
Average Inventory |
15.77 | 20.73 | 24.37 | 24.57 | 22.37 | 17.42 | 16.71 | 18.34 | 17.52 | 16.58 |
Average Assets |
3,829.80 | 3,535.31 | 3,336.33 | 3,101.69 | 3,003.54 | 3,133.19 | 3,179.58 | 3,289.35 | 3,325.61 | 3,085.37 |
Average Common Equity |
1,803.61 | 1,698.43 | 1,574.53 | 1,392.12 | 1,320.75 | 1,409.42 | 1,471.21 | 1,492.43 | 1,453.08 | 1,408.86 |
Columns are period end dates · fundamentals updated 2 Oct 2026