Tsakos Energy Navigation (TEN) Gross Margin: 2009-2024
Historic Gross Margin for Tsakos Energy Navigation (TEN) over the last 16 years, with Dec 2024 value amounting to 75.37%.
- Tsakos Energy Navigation's Gross Margin fell 354.00% to 71.93% in Q3 2025 from the same period last year, while for Sep 2025 it was 73.17%, marking a year-over-year decrease of 330.00%. This contributed to the annual value of 75.37% for FY2024, which is 272.00% down from last year.
- Tsakos Energy Navigation's Gross Margin amounted to 75.37% in FY2024, which was down 3.48% from 78.09% recorded in FY2023.
- Tsakos Energy Navigation's Gross Margin's 5-year high stood at 78.09% during FY2023, with a 5-year trough of 68.27% in FY2021.
- Its 3-year average for Gross Margin is 77.11%, with a median of 77.89% in 2022.
- Its Gross Margin has fluctuated over the past 5 years, first plummeted by 391bps in 2021, then surged by 961bps in 2022.
- MRY analysis of 5 years shows Tsakos Energy Navigation's Gross Margin stood at 72.18% in 2020, then dropped by 5bps to 68.27% in 2021, then grew by 14bps to 77.89% in 2022, then rose by 0bps to 78.09% in 2023, then decreased by 3bps to 75.37% in 2024.
- Its last three reported values are 75.37% in FY2024, 78.09% for FY2023, and 77.89% during FY2022.