Tsakos Energy Navigation LTD income statement
In fiscal 2025, Tsakos Energy Navigation LTD reported revenue of $799m, down 0.7% on the year before, operating income of $252m (a 31.6% margin) and net income of $161m, or $4.45 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 445 | 408 | 395 | 394 | 418 | 501 | 588 | 482 | 529 | 530 | 597 | 644 | 546 | 860 | 890 | 804 | 799 |
| General and administrative | 4 | 4 | 4 | 4 | 21 | 21 | 22 | 26 | 26 | 27 | 28 | 29 | 29 | 30 | 33 | 45 | 42 |
| Operating income | 72 | 81 | −38 | 1 | 5 | 76 | 188 | 90 | 63 | −28 | 86 | 97 | −120 | 256 | 391 | 279 | 252 |
| Interest expense | — | 51 | 49 | 48 | 40 | 31 | 29 | 37 | 62 | 72 | 69 | 50 | 39 | 55 | 102 | 113 | 94 |
| Net income | 29 | 20 | −89 | −49 | −37 | 34 | 158 | 56 | 8 | −99 | 15 | 24 | −151 | 204 | 300 | 176 | 161 |
| Diluted EPS | $3.85 | $2.50 | −$9.70 | −$4.60 | −$3.65 | $1.60 | $8.45 | $2.35 | −$0.95 | −$7.63 | −$1.58 | −$0.80 | −$9.53 | $6.01 | $9.04 | $5.03 | $4.45 |
| Diluted shares (average) | 7m | 8m | 9m | 11m | 11m | 16m | 17m | 17m | 17m | 17m | 18m | 19m | 20m | 28m | 30m | 30m | 30m |
| EBITDA | — | — | — | — | 105 | 179 | 294 | 203 | 202 | 119 | 225 | 234 | 23 | 397 | 536 | 438 | 422 |
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