Tsakos Energy Navigation (TEN) Gross Profit (2009 - 2026)
Tsakos Energy Navigation (TEN) posted quarterly Gross Profit of $199.7 million for Q1 2026, up 35.44% year-on-year from $147.4 million in Q1 2025, and up 20.5% on a QoQ basis from $165.7 million in Q4 2025.
Tsakos Energy Navigation (TEN) Gross Profit (2009 - 2026) Analysis & Trends
Tsakos Energy Navigation (TEN) has reported Gross Profit for 18 consecutive years, with $199.7 million the latest figure, recorded in Q1 2026.
- Quarterly Gross Profit rose 35.44% year-over-year to $199.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $640.0 million (up 6.58% YoY) and the FY2025 annual result came in at $587.7 million, down 3.02% from the prior year.
- Gross Profit improved to $199.7 million in Q1 2026 per TEN's latest filing, from $165.7 million in the prior quarter.
- Over the last five years, Gross Profit for TEN reached as high as $220.2 million in Q4 2022 and fell as low as $106.5 million in Q1 2022.
- A 5-year average of $162.2 million and a median of $164.4 million in 2024 frame the typical range for Gross Profit.
- Annual changes were most pronounced in 2022 — Gross Profit jumped 132.64% — and 2024, when it declined 28.17%.
- Year by year, Gross Profit stood at $220.2 million in 2022, then fell by 22.38% to $170.9 million in 2023, then dropped by 19.49% to $137.6 million in 2024, then climbed by 20.41% to $165.7 million in 2025, then grew by 20.5% to $199.7 million in 2026.
- According to Business Quant data, Gross Profit over the past three periods registered $199.7 million, $165.7 million, and $134.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn |
| 10 | Tsakos Energy Navigation | 1.18 Bn | 1.18 Bn | 199.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 199.70 Mn |
| Mar 31, 2026 | 199.70 Mn |
| Dec 31, 2025 | 165.72 Mn |
| Dec 31, 2025 | 165.72 Mn |
| Sep 30, 2025 | 133.96 Mn |
| Sep 30, 2025 | 133.96 Mn |
| Jun 30, 2025 | 140.61 Mn |
| Jun 30, 2025 | 140.61 Mn |
| Mar 31, 2025 | 147.45 Mn |
| Mar 31, 2025 | 147.45 Mn |
| Dec 31, 2024 | 137.63 Mn |
| Dec 31, 2024 | 137.63 Mn |
| Sep 30, 2024 | 151.07 Mn |
| Sep 30, 2024 | 151.07 Mn |
| Jun 30, 2024 | 164.35 Mn |
| Jun 30, 2024 | 164.35 Mn |
| Mar 31, 2024 | 152.96 Mn |
| Mar 31, 2024 | 152.96 Mn |
| Dec 31, 2023 | 170.94 Mn |
| Dec 31, 2023 | 170.94 Mn |