Tsakos Energy Navigation (TEN) Depreciation Expense (2009 - 2019)
Tsakos Energy Navigation's quarterly Depreciation Expense came in at $31.7 million in Q2 2019, down 7.28% year-on-year from $34.2 million in Q2 2018, and down 3.03% quarter-over-quarter from $32.7 million in Q1 2019.
Tsakos Energy Navigation has reported Depreciation Expense for 10 years, with the latest figure at $31.7 million in Q2 2019.
- For the quarter ending Q2 2019, Depreciation Expense fell 7.28% year-over-year to $31.7 million; the trailing twelve-month figure through Jun 2019 stood at $132.3 million (up 0.8% YoY), and the FY2025 full-year result was $148.3 million, up 7.16% from the prior year.
- Depreciation Expense for Q2 2019 stood at $31.7 million, down from $32.7 million in the prior quarter.
- The five-year high for Depreciation Expense was $34.2 million in Q2 2018, with the low at $25.2 million in Q4 2015.
- Average Depreciation Expense over 4 years is $31.5 million, with a median of $32.7 million recorded in 2017.
- Year-over-year, Depreciation Expense climbed 10.27% in 2018 and retreated 7.28% in 2019.
- Tracing TEN's Depreciation Expense over 4 years: stood at $25.2 million in 2015, then climbed by 29.81% to $32.7 million in 2017, then climbed by 4.62% to $34.2 million in 2018, then decreased by 7.28% to $31.7 million in 2019.
- The last three Depreciation Expense figures came in at $31.7 million (Q2 2019), $32.7 million (Q1 2019), and $34.2 million (Q2 2018), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 92.35 Bn | 93.05 Bn | 6.70 Bn | - |
| 2 | Enterprise Products Partners | 85.76 Bn | 84.61 Bn | - | - |
| 3 | Kinder Morgan | 75.18 Bn | 76.26 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 69.05 Bn | 68.33 Bn | 6.62 Bn | - |
| 5 | Targa Resources | 59.45 Bn | 59.48 Bn | 1.70 Bn | 322.80 Mn |
| 6 | Oneok | 58.54 Bn | 58.41 Bn | 2.57 Bn | - |
| 7 | Mplx | 57.32 Bn | 55.81 Bn | 2.54 Bn | 315.00 Mn |
| 8 | Tc Energy | 52.88 Bn | 54.07 Bn | 2.95 Bn | - |
| 9 | Cheniere Energy | 50.70 Bn | 52.90 Bn | 5.86 Bn | 371.00 Mn |
| 10 | Tsakos Energy Navigation | 189,614.50 | -295.07 Mn | 165.72 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2019 | 31.67 Mn |
| Mar 31, 2019 | 32.66 Mn |
| Jun 30, 2018 | 34.16 Mn |
| Mar 31, 2018 | 33.78 Mn |
| Jun 30, 2017 | 32.65 Mn |
| Mar 31, 2017 | 30.63 Mn |
| Dec 31, 2015 | 25.16 Mn |
| Dec 31, 2014 | 25.22 Mn |
| Sep 30, 2014 | 25.18 Mn |
| Mar 31, 2014 | 23.59 Mn |
| Dec 31, 2013 | 24.58 Mn |
| Sep 30, 2013 | 24.57 Mn |
| Mar 31, 2013 | 22.27 Mn |
| Dec 31, 2012 | 23.02 Mn |
| Sep 30, 2012 | 23.95 Mn |
| Jun 30, 2012 | 23.69 Mn |
| Mar 31, 2012 | 23.68 Mn |
| Dec 31, 2011 | 26.11 Mn |
| Sep 30, 2011 | 25.86 Mn |
| Jun 30, 2011 | 24.85 Mn |
| Mar 31, 2011 | 24.24 Mn |
| Dec 31, 2010 | 25.04 Mn |
| Sep 30, 2010 | 23.95 Mn |
| Jun 30, 2010 | 22.32 Mn |
| Mar 31, 2010 | 21.58 Mn |
| Dec 31, 2009 | 23.89 Mn |
| Sep 30, 2009 | 24.12 Mn |
| Jun 30, 2009 | 23.27 Mn |
| Mar 31, 2009 | 23.00 Mn |