Tsakos Energy Navigation (TEN) Rent Expense (2010 - 2025)
Tsakos Energy Navigation's quarterly Rent Expense came in at $3.6 million in Q4 2025, up 6.29% year-on-year from $3.4 million in Q4 2024, and up 5.44% quarter-over-quarter from $3.4 million in Q3 2025.
Tsakos Energy Navigation has reported Rent Expense for 9 years, with the latest figure at $3.6 million in Q4 2025.
- For the quarter ending Q4 2025, Rent Expense rose 6.29% year-over-year to $3.6 million; the trailing twelve-month figure through Dec 2025 stood at $13.6 million (down 24.57% YoY), and the FY2025 full-year result was $13.6 million, down 24.57% from the prior year.
- Rent Expense for Q4 2025 stood at $3.6 million, up from $3.4 million in the prior quarter.
- The five-year high for Rent Expense was $8.8 million in Q3 2021, with the low at $3.3 million in Q1 2025.
- Average Rent Expense over 5 years is $6.0 million, with a median of $6.1 million recorded in 2023.
- Year-over-year, Rent Expense jumped 60.96% in 2021 and sank 45.42% in 2025.
- Tracing TEN's Rent Expense over 5 years: stood at $8.8 million in 2021, then decreased by 24.57% to $6.6 million in 2022, then slipped by 8.48% to $6.1 million in 2023, then slumped by 44.81% to $3.4 million in 2024, then climbed by 6.29% to $3.6 million in 2025.
- The last three Rent Expense figures came in at $3.6 million (Q4 2025), $3.4 million (Q3 2025), and $3.3 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 91.92 Bn | 92.62 Bn | 6.70 Bn | - |
| 2 | Enterprise Products Partners | 85.48 Bn | 84.33 Bn | - | - |
| 3 | Kinder Morgan | 74.52 Bn | 75.60 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 68.97 Bn | 68.25 Bn | 6.62 Bn | - |
| 5 | Oneok | 58.54 Bn | 58.41 Bn | 2.57 Bn | - |
| 6 | Targa Resources | 57.94 Bn | 57.97 Bn | 1.70 Bn | - |
| 7 | Mplx | 56.40 Bn | 54.90 Bn | 2.54 Bn | - |
| 8 | Tc Energy | 52.67 Bn | 53.86 Bn | 2.95 Bn | - |
| 9 | Cheniere Energy | 50.70 Bn | 52.90 Bn | 5.86 Bn | - |
| 10 | Tsakos Energy Navigation | 197,646.75 | -295.06 Mn | 165.72 Mn | 3.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 3.57 Mn |
| Dec 31, 2025 | 3.57 Mn |
| Sep 30, 2025 | 3.38 Mn |
| Sep 30, 2025 | 3.38 Mn |
| Jun 30, 2025 | 3.32 Mn |
| Jun 30, 2025 | 3.32 Mn |
| Mar 31, 2025 | 3.28 Mn |
| Mar 31, 2025 | 3.28 Mn |
| Dec 31, 2024 | 3.36 Mn |
| Dec 31, 2024 | 3.36 Mn |
| Sep 30, 2024 | 3.50 Mn |
| Sep 30, 2024 | 3.50 Mn |
| Jun 30, 2024 | 5.10 Mn |
| Jun 30, 2024 | 5.10 Mn |
| Mar 31, 2024 | 6.01 Mn |
| Mar 31, 2024 | 6.01 Mn |
| Dec 31, 2023 | 6.08 Mn |
| Dec 31, 2023 | 6.08 Mn |
| Sep 30, 2023 | 6.08 Mn |
| Sep 30, 2023 | 6.08 Mn |
| Jun 30, 2023 | 5.73 Mn |
| Jun 30, 2023 | 5.73 Mn |
| Mar 31, 2023 | 6.79 Mn |
| Mar 31, 2023 | 6.79 Mn |
| Dec 31, 2022 | 6.64 Mn |
| Dec 31, 2022 | 6.64 Mn |
| Sep 30, 2022 | 8.81 Mn |
| Sep 30, 2022 | 8.81 Mn |
| Jun 30, 2022 | 8.71 Mn |
| Jun 30, 2022 | 8.71 Mn |
| Mar 31, 2022 | 8.62 Mn |
| Mar 31, 2022 | 8.62 Mn |
| Dec 31, 2021 | 8.81 Mn |
| Dec 31, 2021 | 8.81 Mn |
| Sep 30, 2021 | 8.81 Mn |
| Sep 30, 2021 | 8.81 Mn |
| Jun 30, 2021 | 6.33 Mn |
| Jun 30, 2021 | 6.33 Mn |
| Mar 31, 2021 | 6.12 Mn |
| Mar 31, 2021 | 6.12 Mn |
| Dec 31, 2020 | 5.57 Mn |
| Dec 31, 2020 | 5.57 Mn |
| Sep 30, 2020 | 5.47 Mn |
| Sep 30, 2020 | 5.47 Mn |
| Jun 30, 2020 | 5.42 Mn |
| Jun 30, 2020 | 5.42 Mn |
| Mar 31, 2020 | 5.14 Mn |
| Mar 31, 2020 | 5.14 Mn |
| Dec 31, 2019 | 2.73 Mn |
| Dec 31, 2019 | 2.73 Mn |
| Sep 30, 2019 | 2.73 Mn |
| Sep 30, 2019 | 2.73 Mn |
| Jun 30, 2019 | 2.70 Mn |
| Jun 30, 2019 | 2.70 Mn |
| Mar 31, 2019 | 2.67 Mn |
| Mar 31, 2019 | 2.67 Mn |
| Jun 30, 2018 | 2.70 Mn |
| Jun 30, 2018 | 2.70 Mn |
| Mar 31, 2018 | 2.68 Mn |
| Mar 31, 2018 | 2.68 Mn |
| Jun 30, 2010 | 1.39 Mn |
| Jun 30, 2010 | 1.39 Mn |
| Mar 31, 2010 | 516,000.00 |
| Mar 31, 2010 | 516,000.00 |