MarketCap
Facebook
X
Telegram
Tsakos Energy Navigation Limited Income Statement 2025-2008 | TNP
Brief overview of financial results at Tsakos Energy Navigation Limited
The overview follows changes across a five-year period. The revenue attributed to Tsakos Energy Navigation Limited moved from $644 million to $799 million between the two endpoints. Overall revenue changed by +24%, equal to an annualized rate of about 4.4%. Revenue was effectively stagnant over the period.
EBITDA changed from 234 million dollars to 422 million dollars (+80.7%). The operating result outpaced sales and points to improving efficiency. EBITDA margin moved from 36.3% to 52.9%. A wider margin confirms stronger operating efficiency.
The five-year change in net income was +570.4%: from $24 million to $161 million. Revenue converted into net income more efficiently.
Summary assessment
The five-year picture requires weighing both strengths and weaknesses. The positive side is supported by an improving EBITDA margin and improving net profitability. The overall view is constrained by a softer top-line trend. Further direction will depend on top-line growth, operating profitability, and net income.
Annual Income Statement Tsakos Energy Navigation Limited
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
- | 864 M | 764 M | 603 M | 160 M | 169 M | 232 M | 1.38 B | 1.24 B | 398 M | 500 M | 2.73 B | 2.12 B | 1.12 B | 1.53 B | - | - | - |
Shares |
29.7 M | 29.5 M | 29.5 M | 28 M | 19.7 M | 18.8 M | 17.8 M | 87.1 M | 84.7 M | 17 M | 17.2 M | 79.1 M | 56.7 M | 53.3 M | 46.1 M | 39.2 M | 36.9 M | - |
Historical Prices |
- | 29.3 | 25.9 | 21.6 | 8.15 | 9.02 | 13 | 15.9 | 14.7 | 19.7 | 23.8 | 29.5 | 26.3 | 13.7 | 21.8 | |||
Net Income |
161 M | 176 M | 300 M | 204 M | -151 M | 24 M | 15.1 M | -99.2 M | 7.61 M | 55.8 M | 158 M | 33.5 M | -37.5 M | -49.3 M | -89.5 M | 19.8 M | 28.7 M | - |
Revenue |
799 M | 804 M | 890 M | 860 M | 546 M | 644 M | 597 M | 530 M | 529 M | 482 M | 588 M | 501 M | 418 M | 394 M | 395 M | 408 M | 445 M | - |
Gross Profit |
- | - | - | - | - | 161 M | 281 M | 212 M | 242 M | 229 M | 314 M | 218 M | 171 M | 149 M | 138 M | - | - | - |
Operating Income |
252 M | 279 M | 391 M | 256 M | -120 M | 96.7 M | 85.9 M | -28.1 M | 63.5 M | 89.8 M | 188 M | 76 M | 4.89 M | 1.29 M | -37.7 M | 80.7 M | 72.4 M | - |
Interest Expense |
94 M | 113 M | 102 M | 55.5 M | 38.6 M | 49.6 M | 69 M | 71.9 M | 61.9 M | 37.4 M | 28.6 M | 31 M | 39.8 M | 47.9 M | 49.2 M | 50.5 M | 75 K | - |
EBITDA |
422 M | 438 M | 536 M | 397 M | 23.4 M | 234 M | 225 M | 119 M | 202 M | 197 M | 291 M | 174 M | 100 M | 95.6 M | 63.4 M | 80.7 M | 72.4 M | - |
Operating Expenses |
- | - | - | - | - | 29 M | 27.7 M | 27 M | 26.3 M | 25.6 M | 21.8 M | 44.8 M | 41.8 M | 37.8 M | 136 M | - | - | - |
General and Administrative Expenses |
42.1 M | 45.4 M | 33.3 M | 29.9 M | 29.1 M | 29 M | 27.7 M | 27 M | 26.3 M | 25.6 M | 21.8 M | 21 M | 20.7 M | 20.7 M | 20.7 M | 3.63 M | 4.07 M | - |
All numbers in USD currency
Quarterly Income Statement Tsakos Energy Navigation Limited
| 2025-Q4 | 2025-Q2 | 2024-Q4 | 2024-Q2 | 2023-Q4 | 2023-Q2 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | 2010-Q4 | 2009-Q4 | 2008-Q4 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
29.7 M | 29.7 M | 29.5 M | 29.5 M | 29.5 M | 29.5 M | - | - | - | - | 24.6 M | - | 18.7 M | - | 18.2 M | - | 19.1 M | - | 19 M | - | 17.6 M | - | 87.6 M | - | 86.9 M | - | 86.3 M | - | 84.3 M | - | 83.7 M | - | 85.5 M | - | 87.3 M | - | 84.7 M | - | 84.7 M | - | 80.1 M | - | 58 M | - | 56.4 M | - | 56.4 M | - | 54.3 M | - | 46.2 M | - | 46.1 M | - | 39.2 M | 36.9 M | - |
Net Income |
161 M | 26.8 M | 176 M | 76.4 M | 300 M | 60.6 M | - | - | - | - | - | - | -19.7 M | - | - | - | 31.5 M | - | - | - | 305 K | - | - | - | -9.55 M | - | - | - | 3.58 M | - | - | - | 16.4 M | - | - | - | 41.3 M | - | - | - | 199 K | - | - | - | -1.52 M | - | - | - | -5.7 M | - | - | - | -18.1 M | - | 19.8 M | 28.7 M | - |
Revenue |
799 M | 193 M | 804 M | 214 M | 890 M | 221 M | - | - | - | - | - | - | 136 M | - | - | - | 191 M | - | - | - | 144 M | - | - | - | 124 M | - | - | - | 132 M | - | - | - | 120 M | - | - | - | 154 M | - | - | - | 112 M | - | - | - | 108 M | - | - | - | 99 M | - | - | - | 101 M | - | 408 M | 445 M | - |
Operating Income |
252 M | 50 M | 279 M | 103 M | 391 M | 82.6 M | - | - | - | - | - | - | -12.9 M | - | - | - | 46.9 M | - | - | - | 19 M | - | - | - | 3.86 M | - | - | - | 19.3 M | - | - | - | 24.3 M | - | - | - | 49.2 M | - | - | - | 8.48 M | - | - | - | 8.65 M | - | - | - | 10.1 M | - | - | - | -1.66 M | - | 80.7 M | 72.4 M | - |
Interest Expense |
94 M | 22.9 M | 113 M | 29.6 M | 102 M | 25.1 M | - | - | - | - | - | - | 9.79 M | - | - | - | 13.5 M | - | - | - | 17.8 M | - | - | - | 18.3 M | - | - | - | 15.2 M | - | - | - | 8.19 M | - | - | - | 7.22 M | - | - | - | 8.06 M | - | - | - | 9.96 M | - | - | - | 13.1 M | - | - | - | 13.9 M | - | 50.5 M | 75 K | - |
EBITDA |
422 M | 92.1 M | 438 M | 142 M | 536 M | 118 M | - | - | - | - | - | - | 22.9 M | - | - | - | 81.4 M | - | - | - | 53.3 M | - | - | - | 40.5 M | - | - | - | 53.6 M | - | - | - | 51.2 M | - | - | - | 76.3 M | - | - | - | 33.8 M | - | - | - | 8.65 M | - | - | - | 10.1 M | - | - | - | -1.66 M | - | 80.7 M | 72.4 M | - |
General and Administrative Expenses |
42.1 M | 13.2 M | 45.4 M | 7.9 M | 33.3 M | 12.3 M | - | - | - | - | - | - | 7.63 M | - | - | - | 7.66 M | - | - | - | 6.8 M | - | - | - | 6.81 M | - | - | - | 6.56 M | - | - | - | 7.46 M | - | - | - | 5.3 M | - | - | - | 4.91 M | - | - | - | 964 K | - | - | - | 952 K | - | - | - | 1.05 M | - | 3.63 M | 4.07 M | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Tsakos Energy Navigation Limited (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.
Britain
USA
Monaco
Belgium
Bermuda
Greece
Canada
