Tearsheet

Tsakos Energy Navigation (TEN)


Market Price (10/31/2025): $23.82 | Market Cap: $706.5 Mil
Sector: Energy | Industry: Oil & Gas Storage & Transportation

Tsakos Energy Navigation (TEN)


Market Price (10/31/2025): $23.82
Market Cap: $706.5 Mil
Sector: Energy
Industry: Oil & Gas Storage & Transportation

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow


0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 16%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 11%, FCF Yield is 37%
Trading close to highs
Dist 52W High is -0.7%
Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 198%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 34%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 34%
  Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -5.3%, Rev Chg QQuarterly Revenue Change % is -9.7%
2 Low stock price volatility
Vol 12M is 45%
  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 16%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 11%, FCF Yield is 37%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 34%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 34%
2 Low stock price volatility
Vol 12M is 45%
3 Trading close to highs
Dist 52W High is -0.7%
4 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 198%
5 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -5.3%, Rev Chg QQuarterly Revenue Change % is -9.7%

Market Valuation & Key Metrics

TEN Stock


Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
TEN Return-----42%38%
Peers Return16%12%-14%18%-3%10%40%
S&P 500 Return16%27%-19%24%23%16%110%

Monthly Win Rates [3]
TEN Win Rate----40%67% 
Peers Win Rate60%60%40%47%43%44% 
S&P 500 Win Rate58%75%42%67%75%67% 

Max Drawdowns [4]
TEN Max Drawdown------20% 
Peers Max Drawdown-49%-10%-29%-6%-24%-27% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: BWA, ALSN, GNTX, LEA, ADNT.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/30/2025 (YTD)

How Low Can It Go

TEN has limited trading history. Below is the Energy sector ETF (XLE) in its place.

Unique KeyEventXLES&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-26.9%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven36.7%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven116 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-60.6%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven153.8%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven660 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-31.8%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven46.6%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven1201 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-57.8%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven137.1%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven1858 days1480 days

Compare to


In The Past

SPDR Select Sector Fund's stock fell -26.9% during the 2022 Inflation Shock from a high on 6/8/2022. A -26.9% loss requires a 36.7% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Tsakos Energy Navigation (TEN)

Better Bets than Tsakos Energy Navigation (TEN)

Trade Ideas

Select past ideas related to TEN. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
TDW_9302025_Dip_Buyer_FCFYield09302025TDWTidewaterDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-5.4%-5.4%-11.3%
OKE_9302025_Dip_Buyer_ValueBuy09302025OKEONEOKDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-8.6%-8.6%-8.6%
LEU_8312025_Quality_Momentum_RoomToRun_10%08312025LEUCentrus EnergyQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
90.0%90.0%-1.3%
KNTK_5312025_Dip_Buyer_ValueBuy05312025KNTKKinetikDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-14.1%-14.1%-18.1%
WHD_4302025_Dip_Buyer_FCFYield04302025WHDCactusDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
12.1%14.5%-11.4%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
TDW_9302025_Dip_Buyer_FCFYield09302025TDWTidewaterDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-5.4%-5.4%-11.3%
OKE_9302025_Dip_Buyer_ValueBuy09302025OKEONEOKDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-8.6%-8.6%-8.6%
LEU_8312025_Quality_Momentum_RoomToRun_10%08312025LEUCentrus EnergyQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
90.0%90.0%-1.3%
KNTK_5312025_Dip_Buyer_ValueBuy05312025KNTKKinetikDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-14.1%-14.1%-18.1%
WHD_4302025_Dip_Buyer_FCFYield04302025WHDCactusDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
12.1%14.5%-11.4%

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for Tsakos Energy Navigation

Financials

TENBWAALSNGNTXLEAADNTMedian
NameTsakos E.BorgWarn.Allison .Gentex Lear Adient  
Mkt Price23.8744.1483.5823.56103.5223.1634.01
Mkt Cap0.79.67.05.25.61.95.4
Rev LTM77914,0063,2002,38522,89014,4098,603
Op Inc LTM1581,2921,000466860437663
FCF LTM2631,000654405478261442
FCF 3Y Avg345625646338526314435
CFO LTM2631,5828225541,032499688
CFO 3Y Avg3451,3087945001,109561677

Growth & Margins

TENBWAALSNGNTXLEAADNTMedian
NameTsakos E.BorgWarn.Allison .Gentex Lear Adient  
Rev Chg LTM-5.3%-2.8%2.7%2.4%-21.6%-3.0%-2.9%
Rev Chg 3Y Avg10.7%6.6%8.0%11.1%8.0%3.2%8.0%
Rev Chg Q-9.7%-2.2%-0.2%14.8%-48.0%0.7%-1.2%
QoQ Delta Rev Chg LTM-2.6%-0.6%-0.1%3.7%-19.5%0.2%-0.3%
Op Mgn LTM20.3%9.2%31.2%19.5%3.8%3.0%14.4%
Op Mgn 3Y Avg27.6%9.0%30.3%20.3%3.8%3.0%14.6%
QoQ Delta Op Mgn LTM-2.0%0.1%-0.2%-0.3%0.1%0.1%-0.1%
CFO/Rev LTM33.8%11.3%25.7%23.2%4.5%3.5%17.3%
CFO/Rev 3Y Avg39.5%9.3%25.7%21.8%4.5%3.8%15.6%
FCF/Rev LTM33.8%7.1%20.4%17.0%2.1%1.8%12.1%
FCF/Rev 3Y Avg39.5%4.5%20.9%14.7%2.1%2.1%9.6%

Valuation

TENBWAALSNGNTXLEAADNTMedian
NameTsakos E.BorgWarn.Allison .Gentex Lear Adient  
Mkt Cap0.79.67.05.25.61.95.4
P/S0.90.72.22.20.20.10.8
P/EBIT3.117.86.911.16.917.99.0
P/E6.433.29.212.911.8-8.810.5
P/CFO2.76.18.59.35.43.95.7
Total Yield15.6%3.5%11.2%9.9%11.5%-11.4%10.5%
Dividend Yield0.0%0.5%0.3%2.1%3.0%0.0%0.4%
FCF Yield 3Y Avg-8.0%10.1%5.6%8.4%13.5%8.4%
D/E2.40.40.30.00.51.20.5
Net D/E2.00.20.2-0.00.30.80.3

Returns

TENBWAALSNGNTXLEAADNTMedian
NameTsakos E.BorgWarn.Allison .Gentex Lear Adient  
1M Rtn7.4%0.4%-1.5%-16.4%2.9%-3.8%-0.6%
3M Rtn23.7%20.4%-7.2%-10.4%10.6%8.0%9.3%
6M Rtn46.7%55.8%-10.3%9.8%22.6%83.1%34.7%
12M Rtn20.7%33.4%-22.1%-22.7%9.2%13.6%11.4%
3Y Rtn-39.2%105.8%-6.4%-19.3%-33.8%-6.4%
1M Excs Rtn5.5%-1.9%-4.4%-17.3%0.6%-6.7%-3.1%
3M Excs Rtn13.4%8.7%-14.1%-19.3%2.7%-1.1%0.8%
6M Excs Rtn25.0%34.1%-32.0%-11.9%0.9%61.3%13.0%
12M Excs Rtn-3.1%13.0%-32.8%-40.4%-11.2%-9.3%-10.2%
3Y Excs Rtn--33.1%46.0%-78.3%-94.6%-109.7%-78.3%

Financials

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Voyage revenues890860546644597
Total890860546644597


Price Behavior

Short Interest

Short Interest: As Of Date10152025
Short Interest: Shares Quantity443,730
Short Interest: % Change Since 9302025-3.8%
Average Daily Volume262,836
Days-to-Cover Short Interest1.69
Basic Shares Quantity29,661,103
Short % of Basic Shares1.5%

SEC Filings

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Report DateFiling DateFiling
630202593020256-K 6/30/2025
331202562520256-K 3/31/2025
12312024411202520-F 12/31/2024
9302024120320246-K 9/30/2024
6302024100820246-K 6/30/2024
331202462420246-K 3/31/2024
12312023419202420-F 12/31/2023
9302023112420236-K 9/30/2023
630202392120236-K 6/30/2023
331202380420236-K 3/31/2023
12312022406202320-F 12/31/2022
9302022112320226-K 9/30/2022
630202293020226-K 6/30/2022
331202270120226-K 3/31/2022
12312021428202220-F 12/31/2021
9302021121720216-K 9/30/2021

Insider Activity

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