Growth Metrics

Tsakos Energy Navigation (TEN) Rent Expense: 2010-2025

Historic Rent Expense for Tsakos Energy Navigation (TEN) over the last 9 years, with Sep 2025 value amounting to $3.4 million.

  • Tsakos Energy Navigation's Rent Expense fell 3.45% to $3.4 million in Q3 2025 from the same period last year, while for Sep 2025 it was $13.3 million, marking a year-over-year decrease of 32.48%. This contributed to the annual value of $18.0 million for FY2024, which is 27.20% down from last year.
  • Tsakos Energy Navigation's Rent Expense amounted to $3.4 million in Q3 2025, which was up 1.84% from $3.3 million recorded in Q2 2025.
  • In the past 5 years, Tsakos Energy Navigation's Rent Expense ranged from a high of $8.8 million in Q3 2021 and a low of $3.3 million during Q1 2025.
  • For the 3-year period, Tsakos Energy Navigation's Rent Expense averaged around $4.8 million, with its median value being $5.1 million (2024).
  • Its Rent Expense has fluctuated over the past 5 years, first skyrocketed by 60.96% in 2021, then crashed by 45.42% in 2025.
  • MRQ analysis of 5 years shows Tsakos Energy Navigation's Rent Expense stood at $8.8 million in 2021, then dropped by 24.57% to $6.6 million in 2022, then decreased by 8.48% to $6.1 million in 2023, then plummeted by 44.81% to $3.4 million in 2024, then rose by 0.80% to $3.4 million in 2025.
  • Its Rent Expense was $3.4 million in Q3 2025, compared to $3.3 million in Q2 2025 and $3.3 million in Q1 2025.