Tsakos Energy Navigation (TEN) Construction in Progress (2009 - 2026)
Tsakos Energy Navigation (TEN) posted Construction in Progress of $442.7 million for Q1 2026, up 46.67% on a QoQ basis from $301.9 million in Q4 2025, and up 46.67% year-over-year from $301.9 million in Q1 2025.
Analysis
Tsakos Energy Navigation (TEN) Construction in Progress (2009 - 2026) Analysis & Trends
Tsakos Energy Navigation has reported Construction in Progress for 18 years, with the latest figure at $442.7 million in Q1 2026.
- On a quarterly basis, Construction in Progress rose 46.67% year-over-year to $442.7 million in Q1 2026; TTM through Mar 2026 was $442.7 million, a 46.67% increase from a year earlier, with the FY2025 full-year figure at $301.9 million, up 22.52% from the prior year.
- Construction in Progress was $442.7 million for Q1 2026 at Tsakos Energy Navigation, up from $301.9 million in the prior quarter.
- The five-year high for Construction in Progress was $442.7 million in Q1 2026, with the low at $46.6 million in Q3 2022.
- Average Construction in Progress over 5 years is $192.4 million, with a median of $150.5 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Construction in Progress sank 55.42% in 2022, then soared 222.78% in 2023.
- Over 5 years, Construction in Progress stood at $46.6 million in 2022, then jumped by 222.78% to $150.6 million in 2023, then soared by 63.63% to $246.4 million in 2024, then rose by 22.52% to $301.9 million in 2025, then soared by 46.67% to $442.7 million in 2026.
- The last three Construction in Progress figures came in at $442.7 million (Q1 2026), $301.9 million (Q4 2025), and $355.8 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 225.77 Mn |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | - |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | - |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | - |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | - |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | 532.66 Mn |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 90.21 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 62.93 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | - |
| 10 | Tsakos Energy Navigation | 1.32 Bn | 1.32 Bn | 199.70 Mn | 442.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | 70.40 Mn |
| Dec 31, 2021 | 104.64 Mn |
| Sep 30, 2021 | 104.64 Mn |
| Jun 30, 2021 | 104.64 Mn |
| Mar 31, 2021 | 68.10 Mn |