Tsakos Energy Navigation (TEN) Net Margin (2009 - 2026)
Tsakos Energy Navigation (TEN) posted quarterly Net Margin of 25.12% for Q1 2026, up 1536.0% year-on-year from 1.54% in Q1 2025, and down 23.43% on a QoQ basis from 32.8% in Q4 2025.
Tsakos Energy Navigation (TEN) Net Margin (2009 - 2026) Analysis & Trends
Tsakos Energy Navigation (TEN) has reported Net Margin for 18 consecutive years, with 25.12% the latest figure, recorded in Q1 2026.
- Quarterly Net Margin rose 1536.0% year-over-year to 25.12% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 23.04% (up 2207.0% YoY) and the FY2025 annual result came in at 16.56%, down 188.0% from the prior year.
- Net Margin fell to 25.12% in Q1 2026 per TEN's latest filing, from 32.8% in the prior quarter.
- Over the last five years, Net Margin for TEN reached as high as 71.52% in Q1 2023 and fell as low as 106.19% in Q4 2023.
- A 5-year average of 8.98% and a median of 21.9% in 2025 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2023 — Net Margin plunged 9715 bps — and 2025, when it surged 10244 bps.
- Year by year, Net Margin stood at 9.04% in 2022, then plunged by 1075 bps to 106.19% in 2023, then surged by 34 bps to 69.64% in 2024, then jumped by 147 bps to 32.8% in 2025, then retreated by 23 bps to 25.12% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 25.12%, 32.8%, and 21.9% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 88.32% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 21.07% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 19.97% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 7.47% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 10.40% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 0.05% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 4.30% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 11.71% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 8.07% |
| 10 | Tsakos Energy Navigation | 1.18 Bn | 1.18 Bn | 199.70 Mn | 25.12% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.12% |
| Dec 31, 2025 | 32.80% |
| Sep 30, 2025 | 21.90% |
| Jun 30, 2025 | 10.23% |
| Mar 31, 2025 | 9.76% |
| Dec 31, 2024 | -69.64% |
| Sep 30, 2024 | 25.00% |
| Jun 30, 2024 | 32.53% |
| Mar 31, 2024 | 31.32% |
| Dec 31, 2023 | -106.19% |
| Sep 30, 2023 | 19.48% |
| Jun 30, 2023 | 22.00% |
| Mar 31, 2023 | 71.52% |
| Dec 31, 2022 | -9.04% |
| Sep 30, 2022 | 33.11% |
| Jun 30, 2022 | 17.14% |
| Mar 31, 2022 | -14.32% |
| Dec 31, 2021 | -79.48% |
| Sep 30, 2021 | -25.86% |
| Jun 30, 2021 | -20.45% |