Tsakos Energy Navigation (TEN) Gross Margin (2009 - 2026)
Tsakos Energy Navigation's Gross Margin came in at 82.53% for the quarter ended Jun 30, 2026, down 0.96 percentage points from 83.49% a year earlier and down 5.67 percentage points from the prior quarter.
Tsakos Energy Navigation (TEN) Gross Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Tsakos Energy Navigation reported Gross Margin of 85.81%, up 3.46 percentage points year-over-year; for the year ended Dec 31, 2025, it was 84.70%, up 3.71 percentage points from the prior year.
- Gross Margin carries a five-year change of +7.25 percentage points (years ended Dec 2020 to Dec 2025).
- Going back by year, Gross Margin was 80.99% in the year ended Dec 31, 2024 (-1.51 pp), 82.49% in the year ended Dec 31, 2023 (+6.89 pp), 75.61% in the year ended Dec 31, 2022 (+11.88 pp) and 63.73% in the year ended Dec 31, 2021 (-13.72 pp).
- The figure for the quarter ended Jun 30, 2026 represents the lowest quarterly Gross Margin since the quarter ended Mar 31, 2025.
- Year-over-year, Gross Margin increased in six of the last eight quarters, with an average year-over-year change of +2.39 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in the quarter ended Dec 31, 2022 (a gain of 18.22 percentage points), and the weakest in the quarter ended Sep 30, 2021 (a drop of 15.06 percentage points).
- Business Quant data shows TEN's Gross Margin at 88.20% (quarter ended Mar 31, 2026), 87.92% (quarter ended Dec 31, 2025) and 85.29% (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | - |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | - |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | - |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | - |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | - |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | - |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | - |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 61.47% |
| 10 | Tsakos Energy Navigation | 1.40 Bn | 95.31 Mn | 246.28 Mn | 82.53% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 82.53% |
| Mar 31, 2026 | 88.20% |
| Dec 31, 2025 | 87.92% |
| Sep 30, 2025 | 85.29% |
| Jun 30, 2025 | 83.49% |
| Mar 31, 2025 | 81.70% |
| Dec 31, 2024 | 81.73% |
| Sep 30, 2024 | 82.48% |
| Jun 30, 2024 | 80.66% |
| Mar 31, 2024 | 79.16% |
| Dec 31, 2023 | 83.35% |
| Sep 30, 2023 | 81.65% |
| Jun 30, 2023 | 82.44% |
| Mar 31, 2023 | 82.43% |
| Dec 31, 2022 | 82.93% |
| Sep 30, 2022 | 76.40% |
| Jun 30, 2022 | 71.05% |
| Mar 31, 2022 | 67.80% |
| Dec 31, 2021 | 64.71% |
| Sep 30, 2021 | 58.87% |
Tsakos Energy Navigation Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=TEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "TEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=TEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();