Tsakos Energy Navigation Ltd (TEN.PE) balance sheet

TEN.PENYSEDeep Sea Foreign Transportation of FreightAlso trades as TEN, TEN.PF

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 20-F on Apr 6, 2026Score 4/30

$25.75+0.02 (+0.08%)

Close on Oct 30, 2026Market cap $1.62BP/E 12.1Yield 2.04%

Tsakos Energy Navigation Ltd balance sheet

Millions of USD, except per-share data. Shares in millions.

Line item	Q2 2026 2026-06-30	Q4 2025 2025-12-31	Q2 2025 2025-06-30	Q4 2024 2024-12-31	Q2 2024 2024-06-30	Q4 2023 2023-12-31	Q2 2023 2023-06-30	Q4 2022 2022-12-31	Q2 2022 2022-06-30	Q4 2021 2021-12-31	Q2 2021 2021-06-30	Q4 2020 2020-12-31	Q2 2020 2020-06-30	Q4 2019 2019-12-31	Q2 2019 2019-06-30	Q4 2018 2018-12-31	Q2 2018 2018-06-30	Q4 2017 2017-12-31	Q2 2017 2017-06-30	Q4 2016 2016-12-31	Q2 2016 2016-06-30	Q4 2015 2015-12-31	Q2 2015 2015-06-30	Q4 2014 2014-12-31	Q2 2014 2014-06-30	Q4 2013 2013-12-31	Q2 2013 2013-06-30	Q4 2012 2012-12-31	Q2 2012 2012-06-30	Q4 2011 2011-12-31	Q2 2011 2011-06-30	Q1 2011 2011-03-31	Q4 2010 2010-12-31	Q4 2009 2009-12-31	Q4 2008 2008-12-31
Cash & Equivalents	464	293	282	348	377	372	529	309	161	127	129	172	244	198	183	221	273	203	250	198	254	305	279	202	230	162	141	144	213	176	227	–	277	296	312
Short-Term Investments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	–	0	–	0	1.61	1.66	2.68	2.53	–	2.50	0	–	–
Cash & Short-Term Investments	464	293	282	348	377	372	529	309	161	127	129	172	244	198	183	221	273	203	250	198	254	305	279	202	230	162	143	146	215	178	227	–	277	296	312
Receivables	67	41	34	26	34	47	38	78	54	31	26	25	39	40	33	35	23	27	23	38	36	45	62	42	28	22	26	29	19	23	–	–	24	–	–
Inventory	22	13	16	19	21	23	21	26	33	23	25	22	15	13	17	20	18	16	15	19	15	14	19	16	19	20	17	14	15	20	–	–	14	–	–
Other Current Assets	26	19	30	36	24	26	34	16	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Total Current Assets	616	435	454	452	577	509	644	513	325	240	237	321	383	397	378	318	378	304	407	358	409	452	431	290	306	233	212	224	316	288	–	–	367	–	–
Property, Plant & Equipment	3,155	3,156	2,999	2,920	2,930	2,600	2,544	2,581	2,521	2,403	2,542	2,615	2,601	2,633	2,673	2,829	2,961	3,028	3,000	2,677	2,224	2,053	2,111	2,199	2,295	2,173	2,289	2,208	2,186	2,232	–	–	2,317	–	–
Gross Property, Plant & Equipment	4,389	4,345	4,111	4,031	3,969	3,616	3,571	3,553	3,456	3,279	3,590	3,618	3,598	3,611	3,650	3,814	3,954	3,954	3,865	3,479	2,969	2,748	2,792	2,834	–	2,710	–	–	–	–	–	–	–	–	–
Accumulated Depreciation	-1,234	-1,189	-1,112	-1,111	-1,039	-1,016	-1,027	-972	-935	-876	-1,048	-1,003	-997	-977	-977	-985	-993	-925	-865	-802	-745	-695	-682	-635	-585	-537	-586	-540	-493	-446	–	–	-403	–	–
Construction in Progress	–	–	–	–	–	–	–	–	–	–	–	–	–	–	48	16	12	1.65	52	217	406	371	264	189	107	59	42	119	39	38	–	–	82	–	–
Long-Term Investments	–	–	–	–	–	–	–	–	–	1.00	–	1.00	–	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	–	–	1.00	–	–
Operating Lease Right-of-Use Assets	1.70	7.77	10	16	22	37	48	59	74	89	104	67	62	21	25	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Other Long-Term Assets	15	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Total Assets	4,378	3,953	3,808	3,707	3,769	3,364	3,449	3,309	3,064	2,895	3,035	3,112	3,156	3,154	3,165	3,205	3,398	3,374	3,483	3,278	3,058	2,893	2,826	2,699	2,618	2,484	2,521	2,451	2,521	2,535	–	–	2,702	–	–
Accounts Payable	53	43	46	56	51	40	45	48	71	75	64	55	33	37	36	38	45	47	54	53	40	33	36	33	34	52	47	34	25	24	–	–	24	–	–
Accrued Expenses	83	68	51	50	38	33	44	36	41	28	37	41	42	51	46	46	55	44	41	35	30	29	34	25	18	17	16	12	13	14	–	–	11	–	–
Current Portion of Long-Term Debt	244	295	199	245	244	186	162	194	201	173	182	232	184	236	193	161	257	226	271	288	310	318	–	228	–	–	–	–	–	–	–	–	–	–	–
Current Debt	244	295	199	245	244	186	162	194	201	173	182	232	184	236	193	161	257	226	271	288	310	318	–	228	–	–	–	–	–	–	–	–	–	–	–
Current Portion of Leases	1.70	7.77	10	12	12	21	21	22	26	30	30	21	18	7.53	7.74	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Deferred Revenue (Current)	12	17	14	37	18	32	33	26	7.08	9.02	8.34	13	15	12	11	6.01	13	14	14	8.43	6.79	12	5.79	9.90	5.07	14	11	4.91	3.29	7.47	–	–	9.19	–	–
Total Current Liabilities	440	458	349	409	436	323	417	370	360	332	342	382	317	354	350	254	385	339	395	393	400	401	396	327	204	228	262	259	294	280	–	–	217	–	–
Long-Term Debt	1,724	1,487	1,479	1,354	1,386	1,221	1,215	1,218	1,275	1,200	1,233	1,268	1,277	1,299	1,339	1,435	1,415	1,526	1,555	1,466	1,237	1,074	–	1,190	–	–	–	–	–	–	–	–	–	–	–
Long-Term Leases	–	0	0	4.33	10	16	26	37	48	59	74	46	44	14	18	0	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Operating Lease Liabilities	1.70	8.02	11	17	22	24	48	59	74	89	104	67	62	21	25	29	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Total Liabilities	2,323	2,090	2,001	1,939	2,018	1,711	1,814	1,786	1,686	1,603	1,667	1,730	1,677	1,682	1,722	1,698	1,801	1,865	1,952	1,860	1,644	1,478	1,503	1,521	1,445	1,486	1,548	1,524	1,559	1,616	–	–	1,682	–	–
Total Debt	1,968	1,783	1,678	1,600	1,630	1,406	1,377	1,412	1,476	1,373	1,415	1,500	1,461	1,534	1,532	1,596	1,672	1,752	1,826	1,754	1,547	1,393	–	1,418	–	–	–	–	–	–	–	–	–	–	–
Preferred Stock	11	11	11	11	11	11	11	15	15	15	15	17	19	19	16	18	17	12	12	7.40	7.40	7.40	7.40	4.00	4.00	4.00	2.00	0	–	–	–	–	–	–	–
Common Stock	152	152	152	152	151	151	151	151	147	126	102	96	96	95	88	88	87	87	87	87	87	87	85	85	85	58	56	56	56	46	–	–	46	–	–
Additional Paid-In Capital	928	927	924	920	912	912	912	993	987	974	944	949	995	992	952	997	983	858	858	752	752	752	729	651	651	501	451	404	404	352	–	–	351	–	–
Retained Earnings	923	738	686	653	647	548	511	312	181	150	294	339	391	364	384	401	501	548	585	583	588	567	502	438	432	431	472	478	524	554	–	–	671	–	–
Treasury Stock	-6.79	-6.79	-6.79	-6.79	-6.79	-6.79	-6.79	-6.79	-6.79	-6.79	-6.79	-9.83	-5.07	0	–	0	-0.08	-5.74	-17	-20	-18	0	–	–	–	–	–	–	–	–	–	–	–	–	–
Comprehensive Income & Other	-2.37	-1.89	-1.53	-0.90	0.49	2.49	5.04	7.67	4.00	-17	-27	-37	-43	-18	-18	-8.66	-4.52	-5.31	-7.51	-4.31	-14	-11	-11	-10	-9.30	-6.79	-9.64	-15	-26	-35	–	–	-52	–	–
Shareholders' Equity	2,005	1,819	1,765	1,728	1,716	1,619	1,583	1,472	1,327	1,241	1,322	1,354	1,452	1,451	1,422	1,495	1,584	1,494	1,519	1,405	1,402	1,403	1,311	1,167	1,163	986	972	925	960	917	–	–	1,016	–	–
Noncontrolling Interest	50	44	42	39	36	34	52	51	51	51	46	28	27	21	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Total Equity	2,055	1,863	1,807	1,767	1,751	1,653	1,635	1,523	1,378	1,292	1,368	1,382	1,479	1,472	1,443	1,507	1,597	1,508	1,532	1,417	1,414	1,415	1,323	1,178	1,174	998	973	927	962	919	1,006	–	1,020	914	915
Total Liabilities & Equity	4,378	3,953	3,808	3,707	3,769	3,364	3,449	3,309	3,064	2,895	3,035	3,112	3,156	3,154	3,165	3,205	3,398	3,374	3,483	3,278	3,058	2,893	2,826	2,699	2,618	2,484	2,521	2,451	2,521	2,535	–	–	2,702	–	–
Shares Outstanding(shares)	30	30	–	30	30	30	30	30	29	25	20	18	19	19	18	18	17	17	17	17	17	17	17	17	17	12	11	11	11	9.24	–	–	9.22	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, FY2025

Gross margin: –
Operating margin: 31.6%
Net margin: 20.1%
Return on equity, FY2025: 9.1%

Financial strength

Current ratio: 1.40
Debt to equity: 0.98
Debt to assets: 45.0%
Cash to current liabilities: 105.4%

Valuation

P/E ratio: 12.1
Price to sales: 2.03
Price to book: 0.81
Dividend yield: 2.04%