Asset Turnover (Quarterly)

Asset Turnover: The amount of sales or revenues generated per dollar of assets. The Asset Turnover ratio is an indicator of the efficiency with which a company is deploying its assets. Calculated as: Total Revenues / Total Assets

Tsakos Energy Navigation Ltd (TEN) had Asset Turnover of 0.07 for the most recently reported fiscal quarter, ending 2026-06-30.

Quarterly Annual

Figures for fiscal quarter ending 2026-06-30

Income Statement Financials
Revenue	$298.40M
Net Income	$131.87M
Cost of Goods Sold	$112.46M
Gross Profit	$185.94M
Operating Expenses	$135.68M
Operating Income	$162.73M
Non-Operating Income/Expense	$-19.25M
Pre-Tax Income	$143.48M
Normalized Pre-Tax Income	$143.48M
Income after Taxes	$143.48M
Income from Continuous Operations	$143.48M
Consolidated Net Income/Loss	$143.48M
Normalized Income after Taxes	$143.48M
EBIT	$162.73M
EBITDA	$162.73M
Weighted-Average Shares Outstanding (Basic)	29.97M
Weighted-Average Shares Outstanding (Diluted)	29.97M
Earnings per Share (EPS) (Basic)	$4.40
Earnings per Share (EPS) (Diluted)	$4.40
Balance Sheet Financials
Current Assets	$616.26M
Property, Plant, and Equipment	$3.63B
Long-Term Assets	$3.76B
Total Assets	$4.38B
Current Liabilities	$440.20M
Long-Term Debt	$1.85B
Long-Term Liabilities	$1.88B
Total Liabilities	$2.32B
Common Equity	$2.04B
Tangible Shareholders Equity	$2.05B
Shareholders Equity	$2.05B
Common Shares Outstanding	30.13M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$281.17M
Cash Flow from Investing Activities	$-248.31M
Cash Flow from Financial Activities	$135.16M
Beginning Cash	$298.13M
End Cash	$466.14M
Increase/Decrease in Cash	$168.01M
Stock-Based Compensation	$1.02M
Common Stock Dividends Paid	$-28.56M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.40
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.47
Debt to Equity Ratio	1.02
Gross Margin	62.31%
Operating Margin	54.53%
EBIT Margin	54.53%
EBITDA Margin	--
Pre-Tax Profit Margin	48.08%
Profit Margin	44.19%
Free Cash Flow	$83.15M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.07
Inventory Turnover	5.18
Receiveable Turnover	4.20
Days Sales in Receivables	21.40
Return on Equity	7.02%
Return on Tangible Equity	6.98%
Return on Assets	3.28%
Return on Investments	3.67%
Book Value Per Share	$68.20
Free Cash Flow per Share	$2.77
Operating Cash Flow per Share	$9.38

Data from Zacks Investment Research, Inc.