Tsakos Energy Navigation (TEN) Work In Process (2009 - 2026)
Tsakos Energy Navigation's Work In Process was $470.05 million in the quarter ended Jun 30, 2026, up 68.3% from $279.25 million a year earlier and up 6.2% from the prior quarter.
Tsakos Energy Navigation (TEN) Work In Process (2009 - 2026) Analysis & Trends
As of Dec 31, 2025, Work In Process at Tsakos Energy Navigation came in at $301.87 million, up 22.5% from the prior year.
- Work In Process has now increased for three consecutive years, with a five-year compound annual growth rate of 43.8% (years ended Dec 2020 to Dec 2025).
- In earlier years, Work In Process was $246.39 million in the year ended Dec 31, 2024 (+63.6%), $150.58 million in the year ended Dec 31, 2023 (+222.8%), $46.65 million in the year ended Dec 31, 2022 (-55.4%) and $104.64 million in the year ended Dec 31, 2021 (+113.4%).
- The figure for the quarter ended Jun 30, 2026 marks the highest quarterly Work In Process in data going back to the quarter ended Mar 31, 2009.
- Compared with a year earlier, Work In Process has increased for five straight quarters, with growth averaging 61.6% over the last six quarters.
- The best year-over-year quarter for Work In Process over five years was the quarter ended Sep 30, 2023 (growth of 222.6%); the worst was the quarter ended Sep 30, 2022 (a decline of 41.0%).
- Per Business Quant data, TEN's Work In Process in the three quarters before the quarter ended Jun 30, 2026 was $442.74 million (quarter ended Mar 31, 2026), $301.87 million (quarter ended Dec 31, 2025) and $355.76 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn |
| 10 | Tsakos Energy Navigation | 1.40 Bn | 95.31 Mn | 246.28 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 470.05 Mn |
| Mar 31, 2026 | 442.74 Mn |
| Dec 31, 2025 | 301.87 Mn |
| Sep 30, 2025 | 355.76 Mn |
| Jun 30, 2025 | 279.25 Mn |
| Mar 31, 2025 | 301.87 Mn |
| Dec 31, 2024 | 246.39 Mn |
| Sep 30, 2024 | 246.39 Mn |
| Jun 30, 2024 | 124.69 Mn |
| Dec 31, 2023 | -134.74 Mn |
| Sep 30, 2023 | 150.50 Mn |
| Jun 30, 2023 | 144.00 Mn |
| Mar 31, 2023 | 98.17 Mn |
| Dec 31, 2022 | -31.81 Mn |
| Sep 30, 2022 | 46.65 Mn |
| Jun 30, 2022 | 71.91 Mn |
| Mar 31, 2022 | 70.40 Mn |
| Dec 31, 2021 | -55.61 Mn |
| Sep 30, 2021 | 79.02 Mn |
| Jun 30, 2021 | 104.64 Mn |
Tsakos Energy Navigation Work In Process API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=work-in-process&ticker=TEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "ticker": "TEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=work-in-process&ticker=TEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();