Tsakos Energy Navigation (TEN) Gross Margin (2009 - 2026)
Tsakos Energy Navigation (TEN) posted quarterly Gross Margin of 78.94% for Q1 2026, up 412.0% year-over-year from 15.42% in Q1 2025, and up 5.8% quarter-over-quarter from 74.61% in Q4 2025.
Tsakos Energy Navigation (TEN) Gross Margin (2009 - 2026) Analysis & Trends
Tsakos Energy Navigation's Gross Margin history runs 18 years deep, the most recent figure standing at 78.94% for Q1 2026.
- In Q1 2026, Gross Margin rose 412.0% year-over-year to 78.94%; the TTM figure through Mar 2026 stood at 74.89% (down 22.0% YoY), while the FY2025 annual figure was 73.59%, down 178.0% from the prior year.
- Gross Margin for Q1 2026 stood at 78.94%, up from 74.61% in the prior quarter.
- The five-year high for Gross Margin was 81.52% in Q1 2023, with the low at 71.16% in Q1 2022.
- The 5-year median for Gross Margin is 75.88% (2024), against an average of 76.11%.
- The sharpest annual moves came in 2022 and 2024: Gross Margin soared 1345 bps in 2022, then plunged 564 bps in 2024.
- Tsakos Energy Navigation's Gross Margin stood at 81.49% in 2022, then declined by 5 bps to 77.61% in 2023, then retreated by 6 bps to 73.1% in 2024, then climbed by 2 bps to 74.61% in 2025, then increased by 6 bps to 78.94% in 2026.
- Business Quant data shows TEN's Gross Margin at 78.94% in Q1 2026, 74.61% in Q4 2025, and 71.93% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 68.62% |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 24.69% |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | - |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 21.55% |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 95.91% |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 82.28% |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 23.30% |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 48.15% |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 92.34% |
| 10 | Tsakos Energy Navigation | 1.27 Bn | 1.27 Bn | 199.70 Mn | 78.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 78.94% |
| Dec 31, 2025 | 74.61% |
| Sep 30, 2025 | 71.93% |
| Jun 30, 2025 | 72.74% |
| Mar 31, 2025 | 74.83% |
| Dec 31, 2024 | 73.10% |
| Sep 30, 2024 | 75.48% |
| Jun 30, 2024 | 76.78% |
| Mar 31, 2024 | 75.88% |
| Dec 31, 2023 | 77.61% |
| Sep 30, 2023 | 72.85% |
| Jun 30, 2023 | 78.93% |
| Mar 31, 2023 | 81.52% |
| Dec 31, 2022 | 81.49% |
| Sep 30, 2022 | 77.46% |
| Jun 30, 2022 | 78.48% |
| Mar 31, 2022 | 71.16% |
| Dec 31, 2021 | 68.04% |
| Sep 30, 2021 | 68.72% |
| Jun 30, 2021 | 66.16% |