Tsakos Energy Navigation (TEN) Asset Utilization Ratio (2009 - 2026)
Tsakos Energy Navigation's (TEN) Asset Utilization Ratio was 0.22 for the quarter ended Jun 30, 2026, up 7.0% from 0.21 a year earlier and up 6.8% from the prior quarter.
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Analysis
Tsakos Energy Navigation (TEN) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Asset Utilization Ratio at Tsakos Energy Navigation was 0.21, down 8.3% from the prior year.
- Asset Utilization Ratio has declined for three consecutive years.
- By year, Asset Utilization Ratio came in at 0.23 in the year ended Dec 31, 2024 (-14.7%), 0.27 in the year ended Dec 31, 2023 (-3.9%), 0.28 in the year ended Dec 31, 2022 (+52.6%) and 0.18 in the year ended Dec 31, 2021 (-11.6%).
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Asset Utilization Ratio since the quarter ended Sep 30, 2024.
- Year over year, Asset Utilization Ratio gained in 1 of the last eight quarters, with an average decline of 8.7%.
- The high point for year-over-year Asset Utilization Ratio in five years was the quarter ended Mar 31, 2023 (growth of 54.1%); the low point was the quarter ended Jun 30, 2024 (a decline of 20.4%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 0.21 (quarter ended Mar 31, 2026), 0.20 (quarter ended Dec 31, 2025) and 0.20 (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 0.36 |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 0.33 |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 0.17 |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 1.26 |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 0.28 |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 0.98 |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 0.80 |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 0.98 |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 0.82 |
| 10 | Tsakos Energy Navigation | 1.40 Bn | 95.31 Mn | 246.28 Mn | 0.22 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.22 |
| Mar 31, 2026 | 0.21 |
| Dec 31, 2025 | 0.20 |
| Sep 30, 2025 | 0.20 |
| Jun 30, 2025 | 0.21 |
| Mar 31, 2025 | 0.22 |
| Dec 31, 2024 | 0.22 |
| Sep 30, 2024 | 0.22 |
| Jun 30, 2024 | 0.23 |
| Mar 31, 2024 | 0.24 |
| 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 | 0.21 |
| Mar 31, 2022 | 0.19 |
| Dec 31, 2021 | 0.19 |
| Sep 30, 2021 | 0.18 |
API Access
Tsakos Energy Navigation Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=TEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "TEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=TEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();