Tsakos Energy Navigation (TEN) Construction in Progress (2009 - 2026)

Tsakos Energy Navigation (TEN) posted quarterly Construction in Progress of $442.7 million for Q1 2026, up 46.67% year-on-year from $301.9 million in Q1 2025, and up 46.67% on a QoQ basis from $301.9 million in Q4 2025.

Tsakos Energy Navigation (TEN) Construction in Progress (2009 - 2026) Analysis & Trends

Tsakos Energy Navigation (TEN) has reported Construction in Progress for 18 consecutive years, with $442.7 million the latest figure, recorded in Q1 2026.

  • Quarterly Construction in Progress rose 46.67% year-over-year to $442.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $442.7 million (up 46.67% YoY) and the FY2025 annual result came in at $301.9 million, up 22.52% from the prior year.
  • Construction in Progress advanced to $442.7 million in Q1 2026 per TEN's latest filing, from $301.9 million in the prior quarter.
  • Over the last five years, Construction in Progress for TEN reached as high as $442.7 million in Q1 2026 and fell as low as $46.6 million in Q1 2022.
  • A 5-year average of $190.9 million and a median of $150.5 million in 2023 frame the typical range for Construction in Progress.
  • Annual changes were most pronounced in 2022 — Construction in Progress sank 99.91% — and 2023, when it soared 222.78%.
  • Year by year, Construction in Progress stood at $46.6 million in 2022, then surged by 222.78% to $150.6 million in 2023, then jumped by 63.63% to $246.4 million in 2024, then gained by 22.52% to $301.9 million in 2025, then jumped by 46.67% to $442.7 million in 2026.
  • According to Business Quant data, Construction in Progress over the past three periods registered $442.7 million, $301.9 million, and $355.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 55.68 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn -
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn -
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 2.64 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 58.08 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn -
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn -
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn -
10 Tsakos Energy Navigation 1.18 Bn 1.18 Bn 199.70 Mn 442.74 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 442.74 Mn
Dec 31, 2025 301.87 Mn
Sep 30, 2025 355.76 Mn
Jun 30, 2025 279.25 Mn
Mar 31, 2025 301.87 Mn
Dec 31, 2024 246.39 Mn
Sep 30, 2024 246.39 Mn
Jun 30, 2024 124.69 Mn
Dec 31, 2023 150.58 Mn
Sep 30, 2023 150.50 Mn
Jun 30, 2023 144.00 Mn
Mar 31, 2023 98.17 Mn
Dec 31, 2022 46.65 Mn
Sep 30, 2022 46.65 Mn
Jun 30, 2022 71.91 Mn
Mar 31, 2022 46.65 Mn
Dec 31, 2021 104.64 Mn
Sep 30, 2021 104.64 Mn
Jun 30, 2021 78.07 Bn
Mar 31, 2021 68.10 Mn