Tsakos Energy Navigation (TEN-PF) Gross Margin (2009 - 2026)
Tsakos Energy Navigation (TEN-PF) posted Gross Margin of 78.94% for Q1 2026, up 5.8% on a QoQ basis from 74.61% in Q4 2025, and up 412.0% year-on-year from 15.42% in Q1 2025.
Tsakos Energy Navigation (TEN-PF) Gross Margin (2009 - 2026) Analysis & Trends
Tsakos Energy Navigation has disclosed Gross Margin across 18 years of filings, most recently posting 78.94% for Q1 2026.
- Gross Margin for Q1 2026 came in at 78.94%, up 412.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 74.89% (down 22.0% YoY), and the FY2025 annual result was 73.59%, down 178.0% from the prior year.
- Gross Margin came in at 78.94% for Q1 2026 at Tsakos Energy Navigation, up from 74.61% in the prior quarter.
- Over the last five years, Gross Margin for TEN-PF reached as high as 81.52% in Q1 2023 and fell as low as 71.16% in Q1 2022.
- Median Gross Margin over the past 5 years was 75.88% (2024), compared with a mean of 76.11%.
- Year-over-year, Gross Margin surged 1345 bps in 2022 and plunged 564 bps in 2024.
- Over 5 years, Gross Margin 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.
- Per Business Quant, the three latest TEN-PF Gross Margin figures stand at 78.94% (Q1 2026), 74.61% (Q4 2025), and 71.93% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 41.12% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 63.77% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 23.85% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 41.52% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 83.61% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 26.67% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 23.28% |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 94.13% |
| 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% |