MARKETS / NYSE / TEN

NYSE · DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT · MID CAP

Tsakos Energy Navigation Ltd. TEN

17 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$798.7M

▼ 0.7% YoY

Net income

$160.9M

▼ 8.7% YoY

In brief

What this company does

Tsakos Energy Navigation Limited operated a fleet of 56 crude oil and petroleum product tankers that provide worldwide marine transportation services for national, major and other independent oil companies and refiners under long, medium and short-term charters, and, together with two LNG carriers and six suezmax shuttle tankers, its total operating fleet as of March 30, 2026 comprised 64 vessels representing approximately 8.0 million dwt. Its fleet is managed by Tsakos Energy Management, a company owned by its chief executive officer, which provides strategic advisory, financial, accounting and administrative services while subcontracting the commercial and technical management of the business to Tsakos Shipping and Trading S.A. As of March 30, 2026, its fleet had seven tankers operating on spot voyages and two tankers operating under pool arrangements. It has no salaried employees.

Written from the business description in TSAKOS ENERGY NAVIGATION LTD's annual report to the U.S. Securities and Exchange Commission, filed 6 April 2026. Every sentence was checked against that document before publication.

Growth

USD 798.7M

Revenue, FY2025 · full 17-year series below

Revenue $M Net income $M

FY2025 · Revenue 798.7 · Net income 160.9

Compound annual growth

Revenue

−2.5%

+4.4%

+3.1%

+4.6%

Net income

−7.6%

+46.3%

+0.2%

+15.0%

EPS, diluted

−9.5%

Dividend / share

+26.0%

Returned to shareholders

+11.2%

+5.2%

+6.1%

+6.7%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +4.4% a year over five years — but profit grew faster: net income at +46.3%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

21 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 31.6% · Net 20.7%

ROE

FY2025 · ROE 9.1%

Gross margin84.7%

Operating margin31.6%

Net margin20.7%

Return on assets4.3%

EBITDAUSD 400.6M

Each USD of equity produced 9 cents of profit this year.

Cash & shareholders

USD 60.1M

returned in FY2025 · dividends + net buybacks

Net buybacks $M Dividends $M

FY2025 · Dividends 60.1 · Net buybacks —

Dividends paidUSD 60.1M

Net buybacks—

Share of profit37.4%

Consecutive raises—

USD 60.1M in dividends — 37% of the year's profit went back to shareholders.

Total assetsUSD 4.0B

EquityUSD 1.8B

CashUSD 293.3M

Gross debtUSD 1.8B

Net debtUSD 1.5B

Current ratio0.95×

Net debt stands at 82% of equity.

The 17-year record

17 fiscal years

Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue $B	0.8	0.8	0.9	0.9	0.5	0.6	0.6	0.5	0.5	0.5	0.6	0.5	0.4	0.4	0.4	0.4	0.4
Operating income $B	0.3	0.3	0.4	0.3	−0.1	0.1	0.1	−0.0	0.1	0.1	0.2	0.1	0.0	0.0	−0.0	0.1	0.1
EBITDA $B	0.4	0.4	0.5	0.4	0.0	0.2	0.2	0.1	0.2	0.2	·	·	·	·	·	·	·
Income tax $B	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·
Net income $B	0.2	0.2	0.3	0.2	−0.2	0.0	0.0	−0.1	0.0	0.1	0.2	0.0	−0.0	−0.0	−0.1	0.0	0.0
EPS, diluted $	4.45	5.03	9.04	6.01	−9.53	−0.80	−1.58	−7.63	−0.19	0.47	1.69	0.32	−0.73	−0.92	−1.94	0.50	0.77
Dividend / sh $	0.50	1.50	1.00	0.25	0.10	0.50	0.25	0.25	0.05	0.05	0.06	0.06	0.15	0.50	0.60	0.60	1.15
Payout %	37	41	21	21	−24	195	326	−45	524	72	21	64	−28	−54	−31	116	148
ROE %	9.1	10.5	19.4	15.1	−11.7	1.7	1.0	−6.6	0.5	4.0	12.3	3.1	−3.9	−5.4	−9.3	1.9	·
Shares out B	0.03	0.03	0.03	0.03	0.02	0.02	0.02	0.09	0.09	0.08	0.09	0.08	0.06	0.06	0.05	0.05	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 66 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 12 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityDeep Sea Foreign Transportation of Freight

Listed onNYSE

Incorporated inoutside the United States — SEC code J3

Fiscal year endsnot stated in the filings

Data on record since2009