Tsakos Energy Navigation (TEN) Interest Expenses (2009 - 2026)
Tsakos Energy Navigation (TEN) posted quarterly Interest Expenses of $2.0 million for Q1 2026, little changed year-on-year from $2.0 million in Q1 2025, and up 108.06% on a QoQ basis from -$25.1 million in Q4 2025.
Tsakos Energy Navigation (TEN) Interest Expenses (2009 - 2026) Analysis & Trends
Tsakos Energy Navigation (TEN) has reported Interest Expenses for 18 consecutive years, with $2.0 million the latest figure, recorded in Q1 2026.
- Quarterly Interest Expenses changed 0.05% year-over-year to $2.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$44.8 million (down 148.21% YoY) and the FY2025 annual result came in at $142.3 million, down 6.15% from the prior year.
- Interest Expenses rose to $2.0 million in Q1 2026 per TEN's latest filing, from -$25.1 million in the prior quarter.
- Over the last five years, Interest Expenses for TEN reached as high as $266.7 million in Q4 2023 and fell as low as -$32.2 million in Q3 2024.
- A 5-year average of $37.4 million and a median of $2.0 million in 2022 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2022 — Interest Expenses surged 2045.2% — and 2023, when it plunged 1289.12%.
- Year by year, Interest Expenses stood at $168.3 million in 2022, then jumped by 58.53% to $266.7 million in 2023, then plunged by 44.41% to $148.3 million in 2024, then tumbled by 116.96% to -$25.1 million in 2025, then jumped by 108.06% to $2.0 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $2.0 million, -$25.1 million, and -$23.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 5.65 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -20.11 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 256.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 891.09 Mn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 659.00 Mn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 626.02 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 947.00 Mn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 384.00 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 439.00 Mn |
| 10 | Tsakos Energy Navigation | 1.18 Bn | 1.18 Bn | 199.70 Mn | 2.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.03 Mn |
| Mar 31, 2026 | 2.03 Mn |
| Dec 31, 2025 | -25.15 Mn |
| Dec 31, 2025 | -25.15 Mn |
| Sep 30, 2025 | -23.71 Mn |
| Sep 30, 2025 | -23.71 Mn |
| Jun 30, 2025 | 146.92 Mn |
| Jun 30, 2025 | 146.92 Mn |
| Mar 31, 2025 | 2.03 Mn |
| Mar 31, 2025 | 2.03 Mn |
| Dec 31, 2024 | 148.27 Mn |
| Dec 31, 2024 | 148.27 Mn |
| Sep 30, 2024 | -32.21 Mn |
| Sep 30, 2024 | -32.21 Mn |
| Jun 30, 2024 | 42.92 Mn |
| Jun 30, 2024 | 42.92 Mn |
| Mar 31, 2024 | -25.15 Mn |
| Mar 31, 2024 | -25.15 Mn |
| Dec 31, 2023 | 266.74 Mn |
| Dec 31, 2023 | 266.74 Mn |