Tsakos Energy Navigation (TEN-PF) Gross Margin (2009 - 2026)
Tsakos Energy Navigation (TEN-PF) 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-PF) 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| Date | Value |
|---|---|
| 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% |