Tsakos Energy Navigation Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	778.78	804.06	889.57	860.4	546.12	644.14
Revenue Growth (YoY)	-5.32%	-9.61%	3.39%	57.55%	-15.22%	7.81%
Cost of Revenue	339.46	350.92	350.64	400.16	371.36	324.47
Gross Profit	439.31	453.14	538.93	460.24	174.77	319.66
Selling, General & Admin	53.29	45.37	33.34	29.85	29.13	29.04
Depreciation & Amortization Expenses	166.1	159.9	144.24	140.82	143.25	137.1
Other Operating Expenses	9.91	-30.7	-30.15	33.21	122.24	56.83
Total Operating Expenses	229.3	174.58	147.43	203.89	294.62	222.97
Operating Income	210.02	278.56	391.5	256.35	-119.86	96.69
Interest Income	12.73	15.12	14.58	2	0.7	1.07
Interest Expense	-105.93	-112.15	-100.82	-50.25	-31.41	-70.58
Other Non-Operating Income (Expense)	0	0.1	-0.18	0.37	-0.02	0.04
Total Non-Operating Income (Expense)	-93.21	-96.93	-86.42	-47.89	-30.72	-69.47
Pretax Income	116.81	181.63	305.08	208.47	-150.58	27.22
Net Income	81.88	148.27	266.74	168.26	-187.18	-15.07
Minority Interest in Earnings	6.46	5.4	4.9	4.23	0.82	3.22
Net Income Attributable to Preferred Dividends	28.47	27.96	33.44	35.97	35.77	39.07
Net Income to Common	81.88	148.27	266.74	168.26	-187.18	-15.07
Net Income Growth	-50.99%	-44.41%	58.53%	-	-	-
Shares Outstanding (Basic)	30	30	30	28	20	19
Shares Outstanding (Diluted)	30	30	30	28	20	19
Shares Change (YoY)	0.35%	-	4.67%	43.45%	4.70%	5.73%
EPS (Basic)	2.79	5.03	9.04	6.02	-9.53	-0.80
EPS (Diluted)	2.79	5.03	9.04	6.01	-9.53	-0.80
EPS Growth	-50.53%	-44.36%	50.42%	-	-	-
EBIT	210.02	278.56	391.5	256.35	-119.86	96.69

Updated Mar 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q