Tsakos Financial Statements From 2010 to 2026

TEN Stock  USD 21.89  0.53  2.36%   
Tsakos Energy's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Tsakos Energy's valuation are provided below:
Gross Profit
405.8 M
Profit Margin
0.1597
Market Capitalization
659.5 M
Enterprise Value Revenue
3.0075
Revenue
764.8 M
We have found one hundred twenty available fundamental trend indicators for Tsakos Energy Navigation, which can be analyzed and compared to other ratios and to its competition. Self-guided Investors are advised to double-check Tsakos Energy's current fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. As of the 5th of January 2026, Market Cap is likely to drop to about 499.8 M. In addition to that, Enterprise Value is likely to drop to about 1.2 B

Tsakos Energy Total Revenue

687.47 Million

Check Tsakos Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tsakos Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 139.6 M, Selling General Administrative of 38.8 M or Total Revenue of 687.5 M, as well as many indicators such as Price To Sales Ratio of 1.24, Dividend Yield of 0.0798 or PTB Ratio of 0.67. Tsakos financial statements analysis is a perfect complement when working with Tsakos Energy Valuation or Volatility modules.
  
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Check out the analysis of Tsakos Energy Correlation against competitors.

Tsakos Energy Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets2.6 B3.3 B3.3 B
Pretty Stable
Short and Long Term Debt Total1.3 B1.6 B1.6 B
Pretty Stable
Total Current Liabilities432.6 M367.7 M416.1 M
Slightly volatile
Total Stockholder Equity1.2 BB1.4 B
Pretty Stable
Property Plant And Equipment Net2.4 B3.7 B2.7 B
Slightly volatile
Net Debt1.1 B1.3 B1.4 B
Slightly volatile
Accounts Payable47.7 M50.3 M80.8 M
Slightly volatile
Cash420.6 M400.6 M238.4 M
Slightly volatile
Non Current Assets Total2.1 B2.9 B2.8 B
Pretty Stable
Non Currrent Assets Other34.7 M36.5 M167 M
Slightly volatile
Cash And Short Term Investments420.6 M400.6 M239.2 M
Slightly volatile
Net Receivables28.8 M30.3 M83.6 M
Slightly volatile
Common Stock Shares Outstanding31.8 M26.6 M38.7 M
Slightly volatile
Liabilities And Stockholders Equity2.6 B3.3 B3.3 B
Pretty Stable
Non Current Liabilities Total1.2 B1.4 B1.4 B
Slightly volatile
Inventory16.2 M17.1 M69.2 M
Slightly volatile
Other Current Assets58.2 M44.5 M58.1 M
Pretty Stable
Other Stockholder Equity963.5 M821.6 MB
Pretty Stable
Total Liabilities1.7 B1.7 B1.9 B
Slightly volatile
Total Current Assets509.4 M405.3 M454.7 M
Pretty Stable
Short Term Debt206.2 M238 M226 M
Pretty Stable
Common Stock183 M174.3 M101.5 M
Slightly volatile
Intangible Assets1.3 B1.2 B678.4 M
Slightly volatile
Other Liabilities250.9 M238.9 M81.2 M
Slightly volatile
Other Assets47.1 M51 M59.2 M
Pretty Stable
Long Term Debt1.2 B1.6 B1.3 B
Slightly volatile
Property Plant Equipment2.1 BB2.4 B
Slightly volatile
Current Deferred Revenue45.2 M43 M17.5 M
Slightly volatile
Common Stock Total Equity60.1 M110.4 M79.8 M
Slightly volatile
Short Term Investments552.3 K581.4 K1.5 M
Slightly volatile
Property Plant And Equipment Gross2.6 B4.9 B2.9 B
Slightly volatile
Good Will612.2 M583 M353.9 M
Slightly volatile
Net Tangible Assets1.5 B1.8 B1.3 B
Slightly volatile
Deferred Long Term Liabilities26.7 M39.4 M25.8 M
Slightly volatile
Short and Long Term Debt277.2 M180.9 M499.8 M
Slightly volatile
Preferred Stock Total Equity7.7 M13.8 MM
Slightly volatile
Long Term Debt Total1.5 B1.8 B1.4 B
Slightly volatile
Capital Surpluse967.7 M1.1 B859.8 M
Slightly volatile
Non Current Liabilities Other207.8 M197.9 M54 M
Slightly volatile
Cash And Equivalents212 M350 M214.5 M
Slightly volatile
Net Invested Capital2.4 B2.8 BB
Slightly volatile
Capital Stock151.6 M187.5 M126.4 M
Slightly volatile
Capital Lease Obligations14.6 M15.3 M32.1 M
Pretty Stable

Tsakos Energy Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative38.8 M40.8 M354.5 M
Slightly volatile
Total Revenue687.5 M723.7 M3.1 B
Slightly volatile
Gross Profit235.4 M247.7 M602.2 M
Slightly volatile
Other Operating Expenses449.3 M473 M2.9 B
Slightly volatile
Research Development344.1 M327.8 M219.9 M
Slightly volatile
EBITDA318.8 M500 M361.2 M
Pretty Stable
Cost Of Revenue452.1 M475.9 M2.5 B
Slightly volatile
Income Tax Expense101.7 M123.4 M119.8 M
Very volatile
Selling And Marketing Expenses1.3 B1.3 B705.6 M
Slightly volatile
Interest Income12.9 M13.6 M38.2 M
Slightly volatile
Non Recurring7.1 MM8.8 M
Slightly volatile
Reconciled Depreciation103.6 M125.8 M128.8 M
Slightly volatile

Tsakos Energy Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow454.9 M433.2 M268.4 M
Slightly volatile
Dividends Paid55.4 M64.6 M69.1 M
Slightly volatile
Capital Expenditures614.3 M585 M357.4 M
Very volatile
Total Cash From Operating Activities262.7 M353.8 M275.4 M
Pretty Stable
End Period Cash Flow202.3 M400.6 M240.5 M
Slightly volatile
Depreciation129.8 M125.8 M152.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.240.730.7557
Slightly volatile
Dividend Yield0.07980.130.1206
Slightly volatile
PTB Ratio0.670.340.3574
Pretty Stable
Days Sales Outstanding32.3417.5731.3778
Slightly volatile
Book Value Per Share94.8968.8879.8893
Slightly volatile
Operating Cash Flow Per Share13.6311.89.1043
Slightly volatile
Stock Based Compensation To Revenue0.00170.00110.0012
Slightly volatile
Capex To Depreciation3.44.672.603
Very volatile
PB Ratio0.670.340.3574
Pretty Stable
EV To Sales3.452.763.0071
Slightly volatile
Inventory Turnover17.0925.1322.2756
Slightly volatile
Days Of Inventory On Hand20.3315.0317.7914
Slightly volatile
Payables Turnover6.898.539.3368
Pretty Stable
Sales General And Administrative To Revenue0.05180.04310.0469
Slightly volatile
Capex To Revenue0.610.930.5207
Pretty Stable
Cash Per Share17.2913.5812.3673
Pretty Stable
POCF Ratio1.851.942.8011
Slightly volatile
Capex To Operating Cash Flow1.972.471.8367
Slightly volatile
Days Payables Outstanding58.5644.348.6709
Slightly volatile
EV To Operating Cash Flow9.815.7313.199
Slightly volatile
Current Ratio1.461.271.0942
Slightly volatile
Tangible Book Value Per Share94.8968.8879.8893
Slightly volatile
Receivables Turnover15.9127.4713.8584
Slightly volatile
Graham Number13110284.0413
Slightly volatile
Shareholders Equity Per Share61.6252.771.5818
Slightly volatile
Debt To Equity1.41.171.2281
Slightly volatile
Capex Per Share24.125.3315.2714
Very volatile
Revenue Per Share41.8131.3432.4323
Very volatile
Interest Debt Per Share12373.3295.0306
Slightly volatile
Debt To Assets0.570.550.5256
Slightly volatile
Enterprise Value Over EBITDA3.593.7814.3134
Pretty Stable
Short Term Coverage Ratios1.831.320.8641
Slightly volatile
Operating Cycle52.6832.6149.1703
Slightly volatile
Price Book Value Ratio0.670.340.3574
Pretty Stable
Days Of Payables Outstanding58.5644.348.6709
Slightly volatile
Price To Operating Cash Flows Ratio1.851.942.8011
Slightly volatile
Company Equity Multiplier2.72.472.3994
Slightly volatile
Long Term Debt To Capitalization0.570.530.5115
Slightly volatile
Total Debt To Capitalization0.610.580.552
Slightly volatile
Debt Equity Ratio1.41.171.2281
Slightly volatile
Quick Ratio1.41.211.0358
Slightly volatile
Dividend Paid And Capex Coverage Ratio0.80.480.6635
Slightly volatile
Cash Ratio1.00.980.6937
Slightly volatile
Operating Cash Flow Sales Ratio0.340.430.2875
Slightly volatile
Days Of Inventory Outstanding20.3315.0317.7914
Slightly volatile
Days Of Sales Outstanding32.3417.5731.3778
Slightly volatile
Cash Flow Coverage Ratios0.150.20.1148
Slightly volatile
Price To Book Ratio0.670.340.3574
Pretty Stable
Fixed Asset Turnover0.260.290.2264
Slightly volatile
Capital Expenditure Coverage Ratio0.830.420.965
Pretty Stable
Price Cash Flow Ratio1.851.942.8011
Slightly volatile
Enterprise Value Multiple3.593.7814.3134
Pretty Stable
Debt Ratio0.570.550.5256
Slightly volatile
Cash Flow To Debt Ratio0.150.20.1148
Slightly volatile
Price Sales Ratio1.240.730.7557
Slightly volatile
Asset Turnover0.230.250.1966
Slightly volatile
Gross Profit Margin0.470.390.2929
Very volatile
Price Fair Value0.670.340.3574
Pretty Stable

Tsakos Energy Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap499.8 M754 M409.4 M
Slightly volatile
Enterprise Value1.2 B1.7 B1.6 B
Slightly volatile

Tsakos Fundamental Market Drivers

Forward Price Earnings4.5126
Cash And Short Term Investments348.3 M

About Tsakos Energy Financial Statements

Tsakos Energy investors utilize fundamental indicators, such as revenue or net income, to predict how Tsakos Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue43 M45.2 M
Total Revenue723.7 M687.5 M
Cost Of Revenue475.9 M452.1 M
Sales General And Administrative To Revenue 0.04  0.05 
Capex To Revenue 0.93  0.61 
Revenue Per Share 31.34  41.81 
Ebit Per Revenue 0.33  0.24 

Pair Trading with Tsakos Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tsakos Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tsakos Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Tsakos Stock

  0.97DHT DHT HoldingsPairCorr

Moving against Tsakos Stock

  0.54MMLP Martin Midstream PartnersPairCorr
  0.37GLP Global Partners LPPairCorr
  0.35LNG Cheniere EnergyPairCorr
The ability to find closely correlated positions to Tsakos Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tsakos Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tsakos Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tsakos Energy Navigation to buy it.
The correlation of Tsakos Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tsakos Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tsakos Energy Navigation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tsakos Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Tsakos Energy Navigation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tsakos Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tsakos Energy Navigation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tsakos Energy Navigation Stock:
Check out the analysis of Tsakos Energy Correlation against competitors.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tsakos Energy. If investors know Tsakos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tsakos Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.565
Dividend Share
1.5
Earnings Share
3.16
Revenue Per Share
25.786
Quarterly Revenue Growth
(0.07)
The market value of Tsakos Energy Navigation is measured differently than its book value, which is the value of Tsakos that is recorded on the company's balance sheet. Investors also form their own opinion of Tsakos Energy's value that differs from its market value or its book value, called intrinsic value, which is Tsakos Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tsakos Energy's market value can be influenced by many factors that don't directly affect Tsakos Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tsakos Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tsakos Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tsakos Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.