TNP
Income statement / Annual
Last year (2023), Tsakos Energy Navigation Limited's total revenue was $889.57 M,
an increase of 3.39% from the previous year.
In 2023, Tsakos Energy Navigation Limited's net income was $300.18 M.
See Tsakos Energy Navigation Limited’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$889.57 M
|
$860.40 M
|
$546.12 M
|
$644.14 M
|
$597.45 M
|
$529.88 M
|
$529.18 M
|
$481.79 M
|
$587.72 M
|
$501.01 M
|
| Cost of Revenue |
$518.96 M |
$573.75 M |
$544.66 M |
$483.17 M |
$456.28 M |
$464.66 M |
$426.60 M |
$366.37 M |
$379.93 M |
$380.61 M |
| Gross Profit |
$370.61 M |
$286.65 M |
$1.46 M |
$160.96 M |
$141.17 M |
$65.22 M |
$102.58 M |
$115.42 M |
$207.79 M |
$120.41 M |
| Gross Profit Ratio |
0.42 |
0.33 |
0 |
0.25 |
0.24 |
0.12 |
0.19 |
0.24 |
0.35 |
0.24 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$33.34 M
|
$29.85 M
|
$29.13 M
|
$29.04 M
|
$27.70 M
|
$27.03 M
|
$26.32 M
|
$25.61 M
|
$21.79 M
|
$21.03 M
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$18.82 M
|
| Selling, General &
Administrative Expenses |
$33.34 M
|
$29.85 M
|
$29.13 M
|
$29.04 M
|
$27.70 M
|
$27.03 M
|
$26.32 M
|
$25.61 M
|
$21.79 M
|
$39.85 M
|
| Other Expenses |
-$176,000.00 |
$366,000.00 |
-$18,000.00 |
$36,000.00 |
-$825,000.00 |
$1.41 M |
$1.46 M |
$1.94 M |
$128,000.00 |
$246,000.00 |
| Operating Expenses |
$33.34 M |
$29.85 M |
$29.13 M |
$29.04 M |
$27.70 M |
$27.03 M |
$26.32 M |
$25.61 M |
$21.79 M |
$44.80 M |
| Cost And Expenses |
$552.30 M |
$603.61 M |
$573.79 M |
$512.21 M |
$483.98 M |
$491.70 M |
$452.92 M |
$391.98 M |
$401.71 M |
$425.41 M |
| Interest Income |
$14.58 M |
$2.00 M |
$703,000.00 |
$1.07 M |
$3.69 M |
$2.51 M |
$1.08 M |
$623,000.00 |
$234,000.00 |
$498,000.00 |
| Interest Expense |
$102.60 M |
$55.45 M |
$38.41 M |
$49.62 M |
$68.96 M |
$71.94 M |
$61.90 M |
$37.44 M |
$28.64 M |
$31.01 M |
| Depreciation &
Amortization |
$144.24 M
|
$120.19 M
|
$126.82 M
|
$157.12 M
|
$154.20 M
|
$137.02 M
|
$131.87 M
|
$107.09 M
|
$99.57 M
|
$97.94 M
|
| EBITDA |
$555.78 M
|
$409.20 M
|
$34.50 M
|
$218.00 M
|
$240.07 M
|
$122.09 M
|
$206.36 M
|
$197.57 M
|
$283.27 M
|
$167.10 M
|
| EBITDA Ratio |
0.54 |
0.44 |
0.18 |
0.39 |
0.4 |
0.33 |
0.39 |
0.41 |
0.48 |
0.34 |
| Operating Income Ratio
|
0.38
|
0.3
|
-0.06
|
0.15
|
0.14
|
-0.05
|
0.12
|
0.19
|
0.32
|
0.15
|
| Total Other
Income/Expenses Net |
-$32.18 M
|
-$47.89 M
|
-$119.58 M
|
-$105.50 M
|
-$99.27 M
|
-$139.23 M
|
-$67.08 M
|
-$33.32 M
|
-$27.58 M
|
-$42.33 M
|
| Income Before Tax |
$305.08 M |
$208.47 M |
-$150.58 M |
$27.22 M |
$14.01 M |
-$101.04 M |
$9.19 M |
$56.50 M |
$158.42 M |
$33.72 M |
| Income Before Tax Ratio
|
0.34
|
0.24
|
-0.28
|
0.04
|
0.02
|
-0.19
|
0.02
|
0.12
|
0.27
|
0.07
|
| Income Tax Expense |
$4.90 M |
-$4.72 M |
$39.22 M |
$52.87 M |
$67.02 M |
-$958,000.00 |
$64.94 M |
$40.08 M |
$28.97 M |
$31.44 M |
| Net Income |
$300.18 M |
$204.23 M |
-$189.80 M |
-$25.65 M |
-$53.01 M |
-$99.20 M |
$7.61 M |
$55.78 M |
$158.22 M |
$33.53 M |
| Net Income Ratio |
0.34 |
0.24 |
-0.35 |
-0.04 |
-0.09 |
-0.19 |
0.01 |
0.12 |
0.27 |
0.07 |
| EPS |
9.04 |
6.02 |
-9.66 |
-1.37 |
-2.99 |
-5.69 |
0.45 |
3.29 |
9.22 |
2.12 |
| EPS Diluted |
9.04 |
5.97 |
-9.66 |
-1.37 |
-2.99 |
-5.69 |
0.45 |
3.29 |
9.22 |
2.12 |
| Weighted Average Shares
Out |
$29.51 M
|
$27.97 M
|
$19.65 M
|
$18.77 M
|
$17.75 M
|
$17.42 M
|
$16.94 M
|
$16.98 M
|
$17.17 M
|
$15.82 M
|
| Weighted Average Shares
Out Diluted |
$29.51 M
|
$28.19 M
|
$19.65 M
|
$18.77 M
|
$17.75 M
|
$17.42 M
|
$16.94 M
|
$16.98 M
|
$17.17 M
|
$15.82 M
|
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