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Tsakos Energy Navigation (TEN) Revenue & Revenue Breakdown

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Tsakos Energy Navigation Revenue Highlights

Latest Revenue (Y)

$889.57M

Latest Revenue (Q)

$200.16M

Main Segment (Y)

Clean Air Division

Main Geography (Y)

UNITED STATES

Tsakos Energy Navigation Revenue by Period

Tsakos Energy Navigation Revenue by Year

DateRevenueChange
2023-12-31$889.57M3.39%
2022-12-31$860.40M57.55%
2021-12-31$546.12M-15.22%
2020-12-31$644.13M7.81%
2019-12-31$597.45M12.75%
2018-12-31$529.88M0.13%
2017-12-31$529.18M9.84%
2016-12-31$481.79M-94.13%
2015-12-31$8.21B-2.51%
2014-12-31$8.42B5.73%
2013-12-31$7.96B8.16%
2012-12-31$7.36B2.19%
2011-12-31$7.21B21.36%
2010-12-31$5.94B27.70%
2009-12-31$4.65B-

Tsakos Energy Navigation generated $889.57M in revenue during NA 2023, up 3.39% compared to the previous quarter, and up 167.88% compared to the same period a year ago.

Tsakos Energy Navigation Revenue by Quarter

DateRevenueChange
2024-09-30$200.16M-6.49%
2024-06-30$214.06M6.18%
2024-03-31$201.59M-8.47%
2023-12-31$220.24M17.99%
2023-09-30$186.66M-15.71%
2023-06-30$221.45M-15.22%
2023-03-31$261.21M-3.35%
2022-12-31$270.25M20.79%
2022-09-30$223.74M3.25%
2022-06-30$216.70M44.75%
2022-03-31$149.70M7.60%
2021-12-31$139.13M5.75%
2021-09-30$131.56M-97.13%
2021-06-30$4.58B-3.13%
2021-03-31$4.73B1.74%
2020-12-31$4.65B9.26%
2020-09-30$4.26B61.40%
2020-06-30$2.64B-31.26%
2020-03-31$3.84B-7.41%
2019-12-31$4.14B-4.08%
2019-09-30$4.32B-4.11%
2019-06-30$4.50B0.45%
2019-03-31$4.48B4.77%
2018-12-31$4.28B80.44%
2018-09-30$2.37B-6.50%
2018-06-30$2.54B-1.44%
2018-03-31$2.57B7.65%
2017-12-31$2.39B5.15%
2017-09-30$2.27B-1.86%
2017-06-30$2.32B1.09%
2017-03-31$2.29B6.36%
2016-12-31$2.15B2.81%
2016-09-30$2.10B-5.24%
2016-06-30$2.21B3.56%
2016-03-31$2.14B5.17%
2015-12-31$2.03B0.30%
2015-09-30$2.02B-4.93%
2015-06-30$2.13B5.29%
2015-03-31$2.02B0.95%
2014-12-31$2.00B-3.70%
2014-09-30$2.08B-7.14%
2014-06-30$2.24B7.02%
2014-03-31$2.09B3.10%
2013-12-31$2.03B3.46%
2013-09-30$1.96B-5.03%
2013-06-30$2.07B8.62%
2013-03-31$1.90B8.56%
2012-12-31$1.75B-1.41%
2012-09-30$1.78B-7.40%
2012-06-30$1.92B0.42%
2012-03-31$1.91B7.17%
2011-12-31$1.78B0.62%
2011-09-30$1.77B-6.09%
2011-06-30$1.89B7.27%
2011-03-31$1.76B11.60%
2010-12-31$1.58B2.27%
2010-09-30$1.54B2.66%
2010-06-30$1.50B14.13%
2010-03-31$1.32B-0.45%
2009-12-31$1.32B-

Tsakos Energy Navigation generated $200.16M in revenue during Q3 2024, up -6.49% compared to the previous quarter, and up 90.38% compared to the same period a year ago.

Tsakos Energy Navigation Revenue Breakdown

Tsakos Energy Navigation Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 21Dec 20Dec 19Dec 18
Ride Performance Division$2.91B$2.21B$543.00M$1.95B
Clean Air Division$8.13B$6.72B$1.70B$2.50B
Motorparts$223.00M$178.00M$217.00M-
Powertrain$755.00M$794.00M$799.00M$1.11B
Aftermarket----

Tsakos Energy Navigation's latest annual revenue breakdown by segment (product or service), as of Dec 21: Clean Air Division (67.67%), Ride Performance Division (24.19%), Powertrain (6.28%), and Motorparts (1.86%).

Quarterly Revenue by Product

Product/ServiceSep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Sep 18Jun 18Mar 18
Ride Performance Division$849.00M$791.00M$793.00M$720.00M$686.00M$2.86B$787.00M$683.00M$600.00M$336.00M$588.00M$641.00M$671.00M$709.00M$733.00M$461.00M--
Clean Air Division$2.33B$2.14B$2.10B$2.05B$1.94B$8.10B$2.12B$2.12B$1.92B$1.14B$1.54B$1.74B$1.77B$1.83B$1.78B$1.01B--
Powertrain$1.02B$1.01B$1.03B$909.00M$941.00M$4.20B$1.10B$1.12B$1.01B$602.00M$997.00M$1.02B$1.08B$1.13B$1.18B---
Motorparts$723.00M$729.00M$722.00M$709.00M$769.00M$3.18B$719.00M$730.00M$730.00M$559.00M$706.00M$741.00M$794.00M$835.00M$797.00M---
Corporate Segment------------------
Aftermarket---------------$309.00M--
Substrate Sales----------------$621.00M$652.00M

Tsakos Energy Navigation's latest quarterly revenue breakdown by segment (product or service), as of Sep 22: Clean Air Division (47.35%), Powertrain (20.77%), Ride Performance Division (17.22%), and Motorparts (14.66%).

Tsakos Energy Navigation Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 21Dec 20Dec 19Dec 18
BELGIUM$501.00M---
UNITED STATES$6.16B$5.15B$6.20B$4.49B
POLAND$988.00M$822.00M$925.00M$731.00M
Other Foreign Countries$3.03B$3.12B$3.71B$2.41B
MEXICO$1.01B$900.00M$959.00M$543.00M
INDIA$617.00M$414.00M$475.00M$316.00M
GERMANY$2.20B$1.79B$2.23B$1.21B
CHINA$3.22B$2.82B$2.38B$1.55B
TURKEY--$5.00M$7.00M

Tsakos Energy Navigation's latest annual revenue breakdown by geography, as of Dec 21: UNITED STATES (34.74%), CHINA (18.16%), Other Foreign Countries (17.09%), GERMANY (12.42%), MEXICO (5.72%), POLAND (5.57%), INDIA (3.48%), and BELGIUM (2.83%).

Quarterly Revenue by Country

CountryJun 21Mar 18
North America$1.85B-
Asia Pacific$982.00M-
Global-$513.00M

Tsakos Energy Navigation's latest quarterly revenue breakdown by geography, as of Jun 21: North America (65.35%), and Asia Pacific (34.65%).

TEN Revenue FAQ

What is Tsakos Energy Navigation’s yearly revenue?

Tsakos Energy Navigation's yearly revenue for 2023 was $889.57M, representing an increase of 3.39% compared to 2022. The company's yearly revenue for 2022 was $860.4M, representing an increase of 57.55% compared to 2021. TEN's yearly revenue for 2021 was $546.12M, representing a decrease of -15.22% compared to 2020.

What is Tsakos Energy Navigation’s quarterly revenue?

Tsakos Energy Navigation's quarterly revenue for Q3 2024 was $200.16M, a -6.49% decrease from the previous quarter (Q2 2024), and a 7.23% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $214.06M, a 6.18% increase from the previous quarter (Q1 2024), and a -3.34% decrease year-over-year (Q2 2023). TEN's quarterly revenue for Q1 2024 was $201.59M, a -8.47% decrease from the previous quarter (Q4 2023), and a -22.83% decrease year-over-year (Q1 2023).

What is Tsakos Energy Navigation’s revenue growth rate?

Tsakos Energy Navigation's revenue growth rate for the last 3 years (2021-2023) was 62.89%, and for the last 5 years (2019-2023) was 48.89%.

What are Tsakos Energy Navigation’s revenue streams?

Tsakos Energy Navigation's revenue streams in c 21 are Ride Performance Division, Clean Air Division, Motorparts, and Powertrain. Ride Performance Division generated $2.91B in revenue, accounting 24.19% of the company's total revenue, up 31.76% year-over-year. Clean Air Division generated $8.14B in revenue, accounting 67.67% of the company's total revenue, up 21.04% year-over-year. Motorparts generated $223M in revenue, accounting 1.86% of the company's total revenue, up 25.28% year-over-year. Powertrain generated $755M in revenue, accounting 6.28% of the company's total revenue, down -4.91% year-over-year.

What is Tsakos Energy Navigation’s main source of revenue?

For the fiscal year ending Dec 21, the largest source of revenue of Tsakos Energy Navigation was Clean Air Division. This segment made a revenue of $8.14B, representing 67.67% of the company's total revenue.