Tsakos Energy Navigation (TEN-PE) Gross Margin (2009 - 2026)

Tsakos Energy Navigation (TEN-PE) recorded quarterly Gross Margin of 78.94% in Q1 2026, up 5.8% quarter-over-quarter from 74.61% in Q4 2025, and up 412.0% on a YoY basis from 15.42% in Q1 2025.

Tsakos Energy Navigation (TEN-PE) Gross Margin (2009 - 2026) Analysis & Trends

Tsakos Energy Navigation's Gross Margin history runs 18 years deep, the most recent figure standing at 78.94% for Q1 2026.

  • In Q1 2026, Gross Margin rose 412.0% year-over-year to 78.94%; the TTM figure through Mar 2026 stood at 74.89% (down 22.0% YoY), while the FY2025 annual figure was 73.59%, down 178.0% from the prior year.
  • Gross Margin was 78.94% for Q1 2026 at Tsakos Energy Navigation, up from 74.61% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 81.52% in Q1 2023 to a low of 71.16% in Q1 2022.
  • Historically, Gross Margin has averaged 76.11% across 5 years, with a median of 75.88% in 2024.
  • The sharpest annual moves came in 2022 and 2024: Gross Margin jumped 1345 bps in 2022, then sank 564 bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 81.49% in 2022, then fell by 5 bps to 77.61% in 2023, then decreased by 6 bps to 73.1% in 2024, then grew by 2 bps to 74.61% in 2025, then rose by 6 bps to 78.94% in 2026.
  • The last three Gross Margin figures came in at 78.94% (Q1 2026), 74.61% (Q4 2025), and 71.93% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 41.12%
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - -
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 63.77%
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 23.85%
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 83.61%
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 41.52%
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 26.67%
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 98.68%
10 Tsakos Energy Navigation - - 199.70 Mn 78.94%

Historic Data

Download Data
DateValue
Mar 31, 2026 78.94%
Dec 31, 2025 74.61%
Sep 30, 2025 71.93%
Jun 30, 2025 72.74%
Mar 31, 2025 74.83%
Dec 31, 2024 73.10%
Sep 30, 2024 75.48%
Jun 30, 2024 76.78%
Mar 31, 2024 75.88%
Dec 31, 2023 77.61%
Sep 30, 2023 72.85%
Jun 30, 2023 78.93%
Mar 31, 2023 81.52%
Dec 31, 2022 81.49%
Sep 30, 2022 77.46%
Jun 30, 2022 78.48%
Mar 31, 2022 71.16%
Dec 31, 2021 68.04%
Sep 30, 2021 68.72%
Jun 30, 2021 66.16%