Tsakos Energy Navigation (TEN) Asset Utilization Ratio (2009 - 2026)

Tsakos Energy Navigation has reported Asset Utilization Ratio for 18 years, with the latest figure at 0.21 in Q1 2026.

• On a quarterly basis, Asset Utilization Ratio fell 3.73% year-over-year to 0.21 in Q1 2026; TTM through Mar 2026 was 0.21, a 3.73% decrease from a year earlier, with the FY2025 full-year figure at 0.21, down 8.31% from the prior year.
• Asset Utilization Ratio was 0.21 for Q1 2026 at Tsakos Energy Navigation, up from 0.2 in the prior quarter.
• The five-year high for Asset Utilization Ratio was 0.29 in Q1 2023, with the low at 0.19 in Q1 2022.
• Average Asset Utilization Ratio over 5 years is 0.23, with a median of 0.22 recorded in 2024.
• The sharpest annual moves came in 2023 and 2024: Asset Utilization Ratio jumped 54.14% in 2023, then decreased 20.4% in 2024.
• Over 5 years, Asset Utilization Ratio stood at 0.27 in 2022, then slipped by 1.34% to 0.26 in 2023, then decreased by 18.1% to 0.22 in 2024, then retreated by 6.15% to 0.2 in 2025, then advanced by 2.55% to 0.21 in 2026.
• The last three Asset Utilization Ratio figures came in at 0.21 (Q1 2026), 0.2 (Q4 2025), and 0.2 (Q3 2025), per Business Quant data.