Tsakos Energy Navigation Limited
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $798.7M | $804.1M | $889.6M | $860.4M | $546.1M | $644.1M | $597.5M | $529.9M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $42.1M | $45.4M | $33.3M | $29.9M | $29.1M | $29.0M | $27.7M | $27.0M |
| Operating Income | $252.3M | $278.6M | $391.5M | $256.4M | $-119.9M | $96.7M | $85.9M | $-28.1M |
| Operating Margin | 31.6% | 34.6% | 44.0% | 29.8% | -21.9% | 15.0% | 14.4% | -5.3% |
| Interest Expense | $94.0M | $113.3M | $101.8M | $55.5M | $38.6M | $49.6M | $69.0M | $71.9M |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $160.9M | $176.2M | $300.2M | $204.2M | $-151.4M | $24.0M | $15.1M | $-99.2M |
| Net Margin | 20.1% | 21.9% | 33.7% | 23.7% | -27.7% | 3.7% | 2.5% | -18.7% |
| EPS (Basic) | $4.45 | $5.03 | $9.04 | $6.02 | $-9.53 | $-0.80 | $-1.58 | $-7.63 |
| EPS (Diluted) | $4.45 | $5.03 | $9.04 | $6.01 | $-9.53 | $-0.80 | $-1.58 | $-7.63 |
| Shares Outstanding (Basic) | 29.7M | 29.5M | 29.5M | 28.0M | 19.7M | 18.8M | 19.0M | 87.6M |
| Shares Outstanding (Diluted) | 29.7M | 29.5M | 29.5M | 28.2M | 19.7M | 18.8M | 19.0M | 87.6M |
| Dividends Per Share | $0.50 | $1.50 | $1.00 | $0.25 | $0.10 | $0.50 | $0.25 | $0.25 |