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

Tsakos Energy Navigation (TEN) has reported Asset Utilization Ratio for 18 consecutive years, with 0.21 the latest figure, recorded in Q1 2026.

• Quarterly Asset Utilization Ratio changed 0.08% year-over-year to 0.21 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.21 (changed 0.08% YoY) and the FY2025 annual result came in at 0.21, down 8.31% from the prior year.
• Asset Utilization Ratio rose to 0.21 in Q1 2026 per TEN's latest filing, from 0.2 in the prior quarter.
• Over the last five years, Asset Utilization Ratio for TEN reached as high as 0.29 in Q1 2023 and fell as low as 0.0 in Q1 2022.
• A 5-year average of 0.18 and a median of 0.21 in 2025 frame the typical range for Asset Utilization Ratio.
• Annual changes were most pronounced in 2023 — Asset Utilization Ratio surged 79063.8% — and 2024, when it slumped 99.84%.
• Year by year, Asset Utilization Ratio stood at 0.27 in 2022, then dropped by 1.34% to 0.26 in 2023, then slipped by 18.1% to 0.22 in 2024, then decreased by 6.15% to 0.2 in 2025, then climbed by 2.55% to 0.21 in 2026.
• According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.21, 0.2, and 0.2 for Q1 2026, Q4 2025, and Q3 2025 respectively.