Tsakos Energy Navigation (TEN) Asset Utilization Ratio (2009 - 2026)
Tsakos Energy Navigation (TEN) posted quarterly Asset Utilization Ratio of 0.21 for Q1 2026, little changed year-over-year from 0.21 in Q1 2025, and up 2.55% quarter-over-quarter from 0.2 in Q4 2025.
Tsakos Energy Navigation (TEN) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Tsakos Energy Navigation's Asset Utilization Ratio history runs 18 years deep, the most recent figure standing at 0.21 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio changed 0.08% year-over-year to 0.21; the TTM figure through Mar 2026 stood at 0.21 (changed 0.08% YoY), while the FY2025 annual figure was 0.21, down 8.31% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.21, 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 0.0 in Q1 2022.
- The 5-year median for Asset Utilization Ratio is 0.21 (2025), against an average of 0.18.
- The sharpest annual moves came in 2023 and 2024: Asset Utilization Ratio soared 79063.8% in 2023, then slumped 99.84% in 2024.
- Tsakos Energy Navigation's Asset Utilization Ratio stood at 0.27 in 2022, then retreated by 1.34% to 0.26 in 2023, then fell by 18.1% to 0.22 in 2024, then declined by 6.15% to 0.2 in 2025, then rose by 2.55% to 0.21 in 2026.
- Business Quant data shows TEN's Asset Utilization Ratio at 0.21 in Q1 2026, 0.2 in Q4 2025, and 0.2 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 0.24 |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 0.36 |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 0.72 |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 0.58 |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | - |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 0.31 |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 0.58 |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 0.60 |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 0.45 |
| 10 | Tsakos Energy Navigation | 1.27 Bn | 1.27 Bn | 199.70 Mn | 0.21 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.21 |
| Dec 31, 2025 | 0.20 |
| Sep 30, 2025 | 0.20 |
| Jun 30, 2025 | 0.20 |
| Mar 31, 2025 | 0.21 |
| Dec 31, 2024 | 0.22 |
| Sep 30, 2024 | 0.22 |
| Jun 30, 2024 | 0.00 |
| Mar 31, 2024 | 0.00 |
| Dec 31, 2023 | 0.26 |
| Sep 30, 2023 | 0.28 |
| Jun 30, 2023 | 0.28 |
| Mar 31, 2023 | 0.29 |
| Dec 31, 2022 | 0.27 |
| Sep 30, 2022 | 0.24 |
| Jun 30, 2022 | 0.00 |
| Mar 31, 2022 | 0.00 |
| Dec 31, 2021 | 0.19 |
| Sep 30, 2021 | 0.36 |
| Dec 31, 2020 | 0.20 |