Tsakos Energy Navigation (TEN) Gross Margin (2009 - 2025)
Tsakos Energy Navigation's quarterly Gross Margin came in at 74.61% in Q4 2025, up 151.0% year-on-year from 29.73% in Q4 2024, and up 3.73% quarter-over-quarter from 71.93% in Q3 2025.
Tsakos Energy Navigation has reported Gross Margin for 17 years, with the latest figure at 74.61% in Q4 2025.
- For the quarter ending Q4 2025, Gross Margin rose 151.0% year-over-year to 74.61%; the trailing twelve-month figure through Dec 2025 stood at 73.59% (down 178.0% YoY), and the FY2025 full-year result was 73.59%, down 178.0% from the prior year.
- Gross Margin for Q4 2025 stood at 74.61%, up from 71.93% in the prior quarter.
- The five-year high for Gross Margin was 81.52% in Q1 2023, with the low at 66.16% in Q2 2021.
- Average Gross Margin over 5 years is 74.4%, with a median of 74.72% recorded in 2025.
- Year-over-year, Gross Margin sank 1146 bps in 2021 and soared 1345 bps in 2022.
- Tracing TEN's Gross Margin over 5 years: stood at 68.04% in 2021, then grew by 20 bps to 81.49% in 2022, then retreated by 5 bps to 77.61% in 2023, then slipped by 6 bps to 73.1% in 2024, then increased by 2 bps to 74.61% in 2025.
- The last three Gross Margin figures came in at 74.61% (Q4 2025), 71.93% (Q3 2025), and 72.74% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 91.92 Bn | 92.62 Bn | 6.70 Bn | 41.12% |
| 2 | Enterprise Products Partners | 85.48 Bn | 84.33 Bn | - | - |
| 3 | Kinder Morgan | 74.52 Bn | 75.60 Bn | 3.08 Bn | 63.77% |
| 4 | Energy Transfer | 68.97 Bn | 68.25 Bn | 6.62 Bn | 23.85% |
| 5 | Oneok | 58.54 Bn | 58.41 Bn | 2.57 Bn | 26.67% |
| 6 | Targa Resources | 57.94 Bn | 57.97 Bn | 1.70 Bn | 41.52% |
| 7 | Mplx | 56.40 Bn | 54.90 Bn | 2.54 Bn | 83.61% |
| 8 | Tc Energy | 52.67 Bn | 53.86 Bn | 2.95 Bn | 98.68% |
| 9 | Cheniere Energy | 50.70 Bn | 52.90 Bn | 5.86 Bn | 99.93% |
| 10 | Tsakos Energy Navigation | 197,646.75 | -295.06 Mn | 165.72 Mn | 74.61% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Mar 31, 2021 | 70.16% |
| Dec 31, 2020 | 65.23% |
| Sep 30, 2020 | 68.32% |
| Jun 30, 2020 | 77.61% |
| Mar 31, 2020 | 74.57% |
| Dec 31, 2019 | 73.73% |
| Sep 30, 2019 | 65.83% |
| Jun 30, 2019 | 68.01% |
| Mar 31, 2019 | 70.54% |
| Jun 30, 2018 | 64.36% |
| Mar 31, 2018 | 62.19% |
| Jun 30, 2017 | 66.79% |
| Mar 31, 2017 | 71.06% |
| Dec 31, 2016 | 70.18% |
| Sep 30, 2016 | 66.58% |
| Mar 31, 2016 | 71.42% |
| Dec 31, 2015 | 76.86% |
| Sep 30, 2015 | 74.68% |
| Mar 31, 2015 | 75.83% |
| Dec 31, 2014 | 71.84% |
| Sep 30, 2014 | 69.58% |
| Mar 31, 2014 | 71.99% |
| Dec 31, 2013 | 67.63% |
| Sep 30, 2013 | 69.49% |
| Mar 31, 2013 | 67.94% |
| Dec 31, 2012 | 67.64% |
| Sep 30, 2012 | 64.13% |
| Jun 30, 2012 | 67.58% |
| Mar 31, 2012 | 65.23% |
| Dec 31, 2011 | 68.08% |
| Sep 30, 2011 | 64.87% |
| Jun 30, 2011 | 67.29% |
| Mar 31, 2011 | 68.15% |
| Dec 31, 2010 | 67.33% |
| Sep 30, 2010 | 67.47% |
| Jun 30, 2010 | 73.96% |
| Mar 31, 2010 | 67.00% |
| Dec 31, 2009 | 61.90% |
| Sep 30, 2009 | 67.63% |
| Jun 30, 2009 | 69.45% |
| Mar 31, 2009 | 69.99% |