Tsakos Energy Navigation Ltd. Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Million

Consolidate Quarterly Results

Mar'26

Dec'25

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Net Sales

252.96

222.10

186.23

193.31

197.05

188.26

200.16

Other Operating Income

0.00

Total Operating income

252.96

222.10

186.23

193.31

197.05

188.26

200.16

Raw Material Cost

130.64

131.19

125.45

129.63

130.08

129.93

128.99

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

0.00

Power Cost

0.00

Manufacturing Expenses

20.79

25.15

23.71

23.74

24.00

24.74

32.21

Selling and Distribution Expenses

12.44

9.72

9.22

13.24

9.91

15.92

14.22

Other Expenses

-2.08

-2.51

-2.37

-2.40

-2.47

-3.22

Total Expenditure (Excl Depreciation)

143.09

140.91

134.67

142.87

139.99

145.85

143.21

Operating Profit (PBDIT) excl Other Income

109.9

81.19999999999999

51.6

50.4

57.1

42.400000000000006

Other Income

2.18

2.83

11.03

3.05

5.84

3.95

3.26

Operating Profit (PBDIT)

156.20

128.44

105.00

95.58

104.03

87.91

101.55

Interest

20.79

25.15

23.71

23.74

24.00

24.74

32.21

Exceptional Items

0.00

-1.46

0.00

Gross Profit (PBDT)

122.32

90.91

60.77

63.68

66.97

58.33

71.17

Depreciation

44.15

44.42

42.42

42.09

41.13

41.55

41.34

Profit Before Tax

91.27

58.87

38.87

28.29

38.90

21.62

28.00

Tax

0.00

Provisions and contingencies

0.00

Profit After Tax

88.42

57.48

38.02

26.52

37.51

19.27

26.54

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

88.42

57.48

38.02

26.52

37.51

19.27

26.54

Share in Profit of Associates

0.00

Minority Interest

2.42

0.86

0.53

1.46

1.19

2.35

1.47

Other related items

0.00

Consolidated Net Profit

90.85

58.34

38.55

27.98

38.70

21.62

28.00

Equity Capital

0.00

Face Value

5.0

Reserves

1,947.87

1,807.98

1,839.94

1,753.13

1,783.09

1,716.21

1,748.37

Earnings per share (EPS)

2.73

1.7

1.05

0.67

1.04

0.42

0.67

Diluted Earnings per share

2.73

1.7

1.05

0.67

1.04

0.42

0.67

Operating Profit Margin (Excl OI)

43.44%

36.56%

27.68%

26.09%

28.96%

22.53%

28.45%

Gross Profit Margin

53.53%

46.51%

43.65%

36.41%

40.62%

33.55%

34.64%

PAT Margin

34.95%

25.88%

20.41%

13.72%

19.04%

10.24%

13.26%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - QoQ

Net Sales

QoQ Growth in quarter ended Mar 2026 is 13.91% vs 19.28% in Dec 2025

Consolidate Net Profit

QoQ Growth in quarter ended Mar 2026 is 55.75% vs 51.43% in Dec 2025

Operating Profit (PBDIT) excl Other Income

QoQ Growth in quarter ended Mar 2026 is 22.61% vs 33.62% in Dec 2025

Interest

QoQ Growth in quarter ended Mar 2026 is -17.13% vs 5.91% in Dec 2025

Operating Profit Margin (Excl OI)

QoQ Growth in quarter ended Mar 2026 has improved from Dec 2025

Compare Quarterly Results Of Tsakos Energy Navigation Ltd. With

Select Peers

Figures in Million

Consolidate Quarterly Results

Change(USD)

Change(%)

Net Sales

252.96

114.43

138.53

121.06%

Other Operating Income

0.00

Total Operating income

252.96

114.43

138.53

121.06%

Raw Material Cost

130.64

89.97

40.67

45.20%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

0.00

Power Cost

0.00

Manufacturing Expenses

20.79

4.50

16.29

362.00%

Selling and Distribution Expenses

12.44

8.87

3.57

40.25%

Other Expenses

-2.08

-0.45

-1.63

-362.22%

Total Expenditure (Excl Depreciation)

143.09

98.84

44.25

44.77%

Operating Profit (PBDIT) excl Other Income

109.88

15.59

94.29

604.81%

Other Income

2.18

-1.23

3.41

277.24%

Operating Profit (PBDIT)

156.20

35.50

120.70

340.00%

Interest

20.79

4.50

16.29

362.00%

Exceptional Items

0.00

-0.29

0.29

100.00%

Gross Profit (PBDT)

122.32

24.46

97.86

400.08%

Depreciation

44.15

21.14

23.01

108.85%

Profit Before Tax

91.27

9.57

81.70

853.71%

Tax

0.00

Provisions and contingencies

0.00

Profit After Tax

88.42

9.31

79.11

849.73%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

88.42

9.31

79.11

849.73%

Share in Profit of Associates

0.00

Minority Interest

2.42

0.27

2.15

796.30%

Other related items

0.00

Consolidated Net Profit

90.85

9.57

81.28

849.32%

Equity Capital

0.00

Face Value

5.00

0.01

0.00

Reserves

1,947.87

885.38

1,062.49

120.00%

Earnings per share (EPS)

2.73

0.21

2.52

1,200.00%

Diluted Earnings per share

2.73

0.21

2.52

1,200.00%

Operating Profit Margin (Excl OI)

43.44%

13.62%

0.00

29.82%

Gross Profit Margin

53.53%

26.84%

0.00

26.69%

PAT Margin

34.95%

8.14%

0.00

26.81%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Quarterly - Net Sales

Net Sales 25.30 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is 13.91% vs 19.28% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 28.36% vs -2.23% in Mar 2025

Quarterly - Consolidate Net Profit

Consolidate Net Profit 9.08 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is 55.75% vs 51.43% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 134.63% vs -28.86% in Mar 2025

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 15.40 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is 22.61% vs 33.62% in Dec 2025

YoY Growth in quarter ended Mar 2026 is 56.82% vs 0.61% in Mar 2025

Quarterly - Interest

Interest 2.08 Million

in Mar 2026

Figures in Million

QoQ Growth in quarter ended Mar 2026 is -17.13% vs 5.91% in Dec 2025

YoY Growth in quarter ended Mar 2026 is -13.33% vs -4.38% in Mar 2025

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 43.44%

in Mar 2026

Figures in %

QoQ Growth in quarter ended Mar 2026 has improved from Dec 2025

YoY Growth in quarter ended Mar 2026 has improved from Mar 2025