TSAKOS ENERGY NAVIGATION LTD (TEN)
Tsakos Energy Navigation Limited (TEN) is a global maritime company dedicated to the worldwide ocean transport of crude oil and refined petroleum products. The firm delivers vital shipping and logistics services to a wide array of clients, including national, major, and independent oil companies and refineries, utilizing a range of charter agreements that vary in duration from short-term to extensive long-term contracts. TEN boasts a modern, double-hulled fleet consisting of conventional tankers, liquefied natural gas (LNG) carriers, and specialized suezmax DP2 shuttle tankers. Established in 1993, the company operated under the name MIF Limited before officially adopting Tsakos Energy Navigation Limited in July 2001. Its central operations are managed from its headquarters situated in Athens, Greece.
Sector: Deep Sea Foreign Transportation of Freight
Industry: Oil & Gas Midstream
Tsakos Energy Navigation Limited
NYSE:TENEnergy · Oil & Gas Midstream
PrePre-market+3.32%$46.35
Close$44.860.00%AH$44.86+3.32%Now$46.35
Close$44.86+1.72%AH$44.86+3.32%since
Mkt Cap$1.35B
Float21.66M
O/S30.13M
Inst Own35.6%
SI2.7%
Div Yield4.46%
Dilution
Financials Summary
Revenue$798.69M
Net Income$160.9M
Total Assets$3.95B
Free Cash Flow-$225.95M
Debt & Equity
Debt 51%
Equity 48%
Preferred 0%
Total Debt$1.93B
Total Equity$1.82B
Preferred Stock$11.49M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in TEN's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$3.95B
Liabilities$2.09B
Accounts Receivable$53.85M
Accounts Payable$42.68M
Inventory$12.59M
PP&E (Net)$3.47B
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 |
| Revenue | $798.69M | $804.06M | $889.57M | $860.4M | $546.12M | $644.13M | $597.45M | $529.88M | $529.18M | $481.79M | $8.21B | $8.42B | $7.96B | $7.36B | $7.21B | $5.94B | $4.65B | $5.92B | $6.18B | $4.68B | $4.44B | $4.21B | $3.77B | $3.46B | $3.36B | $3.55B | $3.28B | $7.61B | $7.32B | $6.65B |
| YoY Growth | -0.7% | -9.6% | 3.4% | 57.5% | -15.2% | 7.8% | 12.8% | 0.1% | 9.8% | -94.1% | -2.5% | 5.7% | 8.2% | 2.2% | 21.4% | 27.7% | -21.4% | -4.3% | 32.0% | 5.5% | 5.4% | 11.9% | 8.9% | 2.8% | -5.2% | 8.2% | -56.9% | 3.9% | 10.1% | - |
| Cost of Revenue | $515.85M | $528.79M | $519.56M | $573.75M | $544.66M | $483.17M | $456.48M | $464.66M | $426.6M | $366.37M | $6.84B | $7.03B | $6.73B | $6.17B | $6.04B | $4.9B | $3.88B | $5.06B | $5.21B | $3.84B | $3.58B | $3.37B | $2.99B | $2.73B | $2.7B | $2.77B | $2.43B | $5.34B | $5.21B | $4.76B |
| Gross Profit | $282.84M | $275.27M | $370.01M | $286.65M | $1.46M | $160.96M | $140.97M | $65.22M | $102.58M | $115.42M | $1.36B | $1.4B | $1.23B | $1.19B | $1.17B | $1.04B | $774M | $853M | $974M | $847M | $858M | $842M | $772M | $724M | $665M | $783M | $852M | $2.26B | $2.11B | $1.89B |
| Gross Margin | 35.4% | 34.2% | 41.6% | 33.3% | 0.3% | 25.0% | 23.6% | 12.3% | 19.4% | 24.0% | 16.6% | 16.6% | 15.4% | 16.2% | 16.2% | 17.5% | 16.6% | 14.4% | 15.8% | 18.1% | 19.3% | 20.0% | 20.5% | 20.9% | 19.8% | 22.1% | 26.0% | 29.7% | 28.9% | 28.4% |
| Research and Development | $0 | $0 | $0 | $0 | $285M | $273M | $324M | $204M | $158M | $154M | $146M | $169M | $144M | $126M | $133M | $117M | $97M | $127M | $114M | $88M | $83M | $76M | $67M | $67M | $48M | $58M | $52M | $66M | $68M | $92M |
| Selling, General, and Administrative | $42.08M | $45.37M | $33.34M | $29.85M | $29.13M | $29.04M | $27.7M | $27.03M | $26.32M | $25.61M | $491M | $519M | $453M | $427M | $428M | $417M | $344M | $392M | $399M | $377M | $385M | $417M | $364M | $351M | $372M | $459M | $521M | $1.11B | $915M | $857M |
| Other | $0 | -$48.66M | -$54.83M | $0 | -$192.81M | -$237.77M | -$324M | $345M | $224M | $212M | $203M | $208M | $205M | $205M | $207M | $216M | $221M | $222M | $205M | $184M | $177M | $177M | $163M | $144M | $153M | $151M | $144M | $448M | $365M | $309M |
| Total Operating Expenses | $42.08M | -$3.29M | -$21.49M | $29.85M | $121.31M | $64.27M | $27.7M | $27.03M | $26.32M | $25.61M | $840M | $896M | $802M | $758M | $768M | $750M | $662M | $741M | $718M | $649M | $645M | $670M | $594M | $562M | $573M | $668M | $717M | $1.62B | $1.35B | $1.26B |
| Operating Income (EBIT) | $240.76M | $278.56M | $391.5M | $256.35M | -$119.86M | $96.69M | $113.28M | $38.18M | $76.26M | $89.81M | $524M | $499M | $428M | $435M | $400M | $287M | $112M | $112M | $256M | $198M | $213M | $172M | $178M | $162M | $92M | $115M | $135M | $641M | $764M | $628M |
| Operating Margin | 30.1% | 34.6% | 44.0% | 29.8% | -21.9% | 15.0% | 19.0% | 7.2% | 14.4% | 18.6% | 6.4% | 5.9% | 5.4% | 5.9% | 5.6% | 4.8% | 2.4% | 1.9% | 4.1% | 4.2% | 4.8% | 4.1% | 4.7% | 4.7% | 2.7% | 3.2% | 4.1% | 8.4% | 10.4% | 9.4% |
| Interest Expense | $97.5M | $113.3M | $106.45M | $59.92M | $41.82M | $53.67M | $74.02M | $76.34M | $66.21M | $39.32M | $28.5M | $30.49M | $35M | $105M | $108M | $149M | $133M | $82.9M | $77.38M | $196M | $11.25M | $10.13M | $12.37M | $11.38M | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $10.49M | $15.12M | $14.58M | $2M | $703K | $1.07M | $3.69M | $2.51M | $1.08M | $623K | $234K | $498K | $366K | $1.35M | $2.71M | $2.63M | $3.57M | $8.41M | $13.32M | $7.16M | $7.36M | $761K | $387K | $736K | $1.21M | $2.49M | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$75.82M | -$96.93M | -$86.42M | -$47.89M | -$30.72M | -$69.47M | -$99.27M | -$142.66M | -$54.29M | -$33.31M | -$29.66M | -$42.33M | -$43.46M | -$50.35M | -$51.25M | -$179M | -$26.81M | -$238M | -$171.7M | -$35.24M | $2M | -$2.17M | -$70.68M | -$138M | -$37.94M | -$30.83M | -$116M | $0 | $0 | $0 |
| Income Before Tax (EBT) | $164.94M | $181.63M | $305.08M | $208.47M | -$150.58M | $27.22M | $14.01M | -$101.04M | $9.19M | $56.49M | $452M | $401M | $344M | $323M | $271M | $132M | $92M | -$126M | $78M | $196M | $215M | $171M | $176M | $24M | -$79M | -$68M | $19M | $641M | $764M | $628M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $63M | $70M | $0 | $149M | $131M | $122M | $19M | $88M | $69M | $13M | $289M | $83M | $3M | $25M | -$25M | -$6M | -$7M | $51M | -$27M | $82M | $116M | $163M | $194M |
| Net Income | $160.9M | $176.23M | $300.18M | $204.23M | -$151.4M | $24M | $15.13M | -$99.2M | $7.61M | $55.78M | $247M | $226M | $183M | $275M | $157M | $39M | -$73M | -$415M | -$5M | $51M | $58M | $13M | $27M | -$187M | -$130M | -$42M | -$423M | $255M | $315M | $410M |
| Net Income Margin | 20.1% | 21.9% | 33.7% | 23.7% | -27.7% | 3.7% | 2.5% | -18.7% | 1.4% | 11.6% | 3.0% | 2.7% | 2.3% | 3.7% | 2.2% | 0.7% | -1.6% | -7.0% | -0.1% | 1.1% | 1.3% | 0.3% | 0.7% | -5.4% | -3.9% | -1.2% | -12.9% | 3.4% | 4.3% | 6.2% |
| Supplementary Data | ||||||||||||||||||||||||||||||
| EPS | 4.45 | 5.03 | 9.04 | 6.02 | -9.53 | -0.80 | -1.58 | -5.69 | 0.45 | 1.03 | 4.14 | 3.72 | 3.02 | 4.58 | 2.62 | 0.66 | -1.50 | -8.94 | -0.11 | 1.14 | 1.35 | 0.31 | 0.67 | -4.70 | -3.44 | -1.21 | -12.63 | 7.57 | 9.25 | 12.01 |
| Diluted EPS | 4.45 | 5.03 | 9.04 | 6.01 | -9.53 | -0.80 | 0.30 | -5.69 | 0.45 | 1.02 | 4.10 | 3.66 | 2.97 | 4.50 | 2.55 | 0.64 | -1.50 | -8.94 | -0.11 | 1.09 | 1.28 | 0.29 | 0.65 | -4.49 | -3.42 | -1.20 | -12.57 | 7.55 | 9.22 | 12.01 |
| Weighted Average OS | 29.74M | 29.51M | 29.51M | 27.97M | 19.65M | 50.36M | 17.75M | 17.42M | 16.94M | 54.10M | 59.70M | 60.70M | 60.50M | 60.00M | 59.90M | 59.20M | 48.60M | 46.41M | 45.81M | 44.63M | 43.09M | 41.53M | 40.43M | 39.80M | 37.78M | 34.74M | 33.48M | 33.70M | 34.05M | 34.13M |
| EBITDA | $410.81M | $434.74M | $534.66M | $371.39M | $99.15M | $218M | $227.46M | $184.98M | $215.28M | $209.24M | $285.73M | $174.14M | $590M | $604M | $560M | $164.46M | $191.79M | $366.49M | $331.32M | $302.81M | $190.46M | $180.84M | $184M | $153.17M | $59.19M | $51.5M | $38.49M | $641M | $764M | $628M |
| EBITDA Margin | 51.4% | 54.1% | 60.1% | 43.2% | 18.2% | 33.8% | 38.1% | 34.9% | 40.7% | 43.4% | 3.5% | 2.1% | 7.4% | 8.2% | 7.8% | 2.8% | 4.1% | 6.2% | 5.4% | 6.5% | 4.3% | 4.3% | 4.9% | 4.4% | 1.8% | 1.5% | 1.2% | 8.4% | 10.4% | 9.4% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 |
| Assets | ||||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $303.13M | $348.31M | $376.69M | $309.44M | $127.2M | $171.77M | $197.77M | $220.53M | $202.67M | $197.77M | $305.01M | $214.44M | $171.76M | $160.49M | $181.69M | $282.93M | $303M | $319.75M | $188.34M | $178.91M | $146.04M | $118.38M | $145M | $54M | $53M | $35M | $84M | $36M | $41M | $62M |
| Short-Term Investments | $30.64M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5.71M | $2.32M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $333.76M | $348.31M | $376.69M | $309.44M | $127.2M | $171.77M | $197.77M | $220.53M | $208.39M | $200.09M | $305.03M | $216.88M | $171.9M | $162.15M | $184.23M | $282.93M | $303M | $319.75M | $188.34M | $178.91M | $156.28M | $118.38M | $145M | $54M | $53M | $35M | $84M | $36M | $41M | $62M |
| Accounts Receivable | $53.85M | $33.66M | $51.98M | $87.09M | $57.97M | $46.06M | $60.45M | $56.27M | $41.57M | $44.98M | $49.63M | $44.23M | $25.53M | $35.15M | $29.27M | $35.79M | $31.33M | $37.13M | $42.86M | $22.77M | $22.76M | $30.49M | $25.57M | $24.52M | $395M | $487M | $571M | $864M | $809M | $699M |
| Inventory | $12.59M | $18.95M | $22.51M | $26.22M | $22.92M | $21.81M | $13.03M | $20.39M | $16.29M | $18.76M | $14.41M | $15.94M | $19.66M | $14.36M | $19.84M | $14.01M | $13.01M | $10.92M | $12.1M | $8.43M | $5.41M | $4.06M | $343M | $352M | $326M | $422M | $412M | $988M | $950M | $878M |
| Other Current Assets | $33.65M | $49.44M | $56.7M | $88.47M | $29.74M | $80.23M | $125.25M | $19.7M | $38.14M | $94.48M | $83.15M | $12.74M | $15.45M | $12.37M | $54.31M | $34.72M | $124.31M | $2.98M | $28.73M | $9.36M | $4.93M | $981K | -$58.19M | $7M | $167M | $165M | $134M | $269M | $315M | $284M |
| Total Current Assets | $433.86M | $450.37M | $507.89M | $511.21M | $237.82M | $319.87M | $396.51M | $316.88M | $304.39M | $358.31M | $452.23M | $289.8M | $232.54M | $224.03M | $287.63M | $367.45M | $471.65M | $370.78M | $276.05M | $222.49M | $191.73M | $156.25M | $1.1B | $966M | $941M | $1.11B | $1.2B | $2.16B | $2.12B | $1.92B |
| Long-Term Assets | ||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $3.47B | $3.18B | $2.79B | $2.73B | $2.6B | $2.73B | $2.72B | $2.85B | $3.03B | $2.89B | $2.42B | $2.39B | $2.23B | $2.21B | $2.23B | $2.32B | $2.06B | $2.21B | $2.07B | $1.72B | $861.79M | $757.53M | $1.11B | $1.03B | $967M | $1B | $1.04B | $3.63B | $3.46B | $3.25B |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $218M | $205M | $441M | $463M | $495M | $0 | $0 | $0 |
| Long-Term Investments | $25.23M | $33.5M | $28.88M | $23.31M | $24.69M | $27.29M | $13.29M | $14.13M | $15.43M | $6.17M | $1.13M | $1M | $2.44M | $1.04M | $1M | $1.5M | $4.11M | $1M | $1M | $14.04M | $21.88M | $10M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $189M | $141M | $128M | $0 | $0 | $37M | $55M | $60M |
| Other Long-Term Assets | $28.28M | $40.55M | $39.76M | $46.28M | $36.14M | $33.86M | $28.15M | $28.43M | $23.76M | $19.51M | $22.82M | $20.19M | $17.33M | $17.97M | $14.71M | $16.36M | $14.78M | $21.33M | $15.8M | $13.45M | $13.77M | $15.18M | $172M | $166M | $204M | $309M | $210M | $2.97B | $2.71B | $2.35B |
| Total Long-Term Assets | $3.52B | $3.26B | $2.86B | $2.8B | $2.66B | $2.79B | $2.76B | $2.89B | $3.07B | $2.92B | $2.45B | $2.41B | $2.25B | $2.23B | $2.25B | $2.33B | $2.08B | $2.23B | $2.09B | $1.75B | $897.44M | $782.72M | $1.69B | $1.54B | $1.74B | $1.78B | $1.74B | $6.63B | $6.22B | $5.66B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $3.95B | $3.71B | $3.36B | $3.31B | $2.89B | $3.11B | $3.15B | $3.21B | $3.37B | $3.28B | $2.9B | $2.7B | $2.48B | $2.45B | $2.54B | $2.7B | $2.55B | $2.6B | $2.36B | $1.97B | $1.09B | $938.97M | $2.79B | $2.5B | $2.68B | $2.89B | $2.94B | $8.79B | $8.33B | $7.59B |
| Liabilities | ||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||
| Accounts Payable | $42.68M | $55.85M | $40.21M | $48.16M | $74.91M | $55.29M | $36.61M | $37.53M | $46.92M | $52.51M | $33.26M | $33.05M | $52.32M | $34.39M | $23.71M | $23.91M | $29.22M | $27.96M | $34.87M | $20.21M | $13.49M | $14.94M | $15.61M | $17.19M | $401M | $464M | $348M | $701M | $687M | $651M |
| Short-Term Debt | $309.75M | $264.46M | $214.07M | $251.85M | $202.69M | $253.4M | $243.05M | $160.58M | $225.88M | $288.13M | $319.56M | $228.49M | $126.36M | $186.65M | $197M | $133.82M | $172.67M | $91.81M | $44.36M | $23.12M | $51.5M | $39.69M | $20M | $228M | $191M | $92M | $56M | $1.07B | $278M | $236M |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $140M | $182M | $145M | $131M | $45M | $41M | $37M | $40M | $40M | $50M | $44M | $51M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $17.27M | $37.41M | $31.9M | $26.05M | $9.02M | $12.62M | $12.07M | $6.01M | $13.61M | $8.43M | $12.28M | $9.9M | $14.01M | $4.91M | $7.47M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $73.27M | $50.81M | $37.02M | $43.63M | $45.48M | $60.72M | $62.48M | $50.18M | $52.51M | $44.21M | $36.81M | $55.84M | $35.58M | $32.96M | $51.54M | $59.51M | $62.34M | $69.72M | $80.03M | $58.1M | $26.53M | $26.89M | $9.2M | $9.22M | -$592M | -$556M | -$404M | $615M | $696M | $734M |
| Total Current Liabilities | $458.04M | $408.52M | $323.2M | $369.69M | $332.1M | $382.04M | $354.2M | $254.3M | $338.92M | $393.29M | $401.91M | $327.28M | $228.27M | $258.91M | $279.71M | $217.24M | $264.23M | $189.49M | $159.26M | $101.43M | $91.52M | $81.53M | $893M | $1.02B | $876M | $809M | $663M | $2.39B | $1.66B | $1.62B |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||
| Long-Term Debt | $1.62B | $1.5B | $1.37B | $1.38B | $1.2B | $1.27B | $1.3B | $1.44B | $1.53B | $1.47B | $1.08B | $1.19B | $1.25B | $1.26B | $1.32B | $1.43B | $1.33B | $1.42B | $1.35B | $1.11B | $382.02M | $325.47M | $411.02M | $355.74M | $0 | $0 | $0 | $2.36B | $2.63B | $2.07B |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2.63M | $8.45M | $12.45M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $119M | $103M | $166M | $144M | $108M | $649M | $614M | $476M |
| Other Long-Term Liabilities | $12.79M | $31.14M | $524K | $5K | $11.85M | $34.35M | $14.91M | $8.96M | $589K | $1.12M | $3.18M | $4.06M | $4.03M | $9.36M | $17.8M | $36.44M | $41.26M | $75.89M | $0 | $0 | $0 | $0 | $1.39B | $1.2B | -$166M | -$144M | -$108M | $470M | $472M | $473M |
| Total Long-Term Liabilities | $1.63B | $1.53B | $1.39B | $1.42B | $1.27B | $1.35B | $1.33B | $1.44B | $1.53B | $1.47B | $1.08B | $1.19B | $1.26B | $1.27B | $1.34B | $1.47B | $1.37B | $1.5B | $1.35B | $1.11B | $390.47M | $337.92M | $1.82B | $1.56B | $1.72B | $1.73B | $1.84B | $3.48B | $3.72B | $3.02B |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $2.09B | $1.94B | $1.71B | $1.79B | $1.6B | $1.73B | $1.68B | $1.7B | $1.87B | $1.86B | $1.49B | $1.52B | $1.49B | $1.52B | $1.62B | $1.68B | $1.64B | $1.69B | $1.5B | $1.21B | $481.99M | $419.45M | $2.71B | $2.58B | $2.59B | $2.54B | $2.5B | $5.87B | $5.38B | $4.64B |
| Stockholders' Equity | ||||||||||||||||||||||||||||||
| Preferred Stock | $11.49M | $11.49M | $11.49M | $15.01M | $15.46M | $16.64M | $18.65M | $18.02M | $12.03M | $7.4M | $7.4M | $4M | $4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $151.54M | $151.54M | $150.92M | $150.92M | $126.22M | $95.97M | $95.08M | $87.61M | $87.34M | $87.34M | $87.34M | $84.71M | $57.97M | $56.44M | $46.21M | $46.08M | $37.67M | $37.67M | $38.06M | $19.04M | $19.18M | $20.18M | $0 | $0 | $0 | $0 | $0 | $2M | $2M | $2M |
| Retained Earnings | $738.35M | $652.65M | $548.24M | $311.73M | $149.5M | $338.8M | $364M | $400.93M | $547.94M | $582.89M | $567.46M | $437.56M | $430.55M | $478.43M | $554.31M | $671.48M | $679.6M | $693.51M | $567.22M | $464.08M | $315.7M | $215.76M | -$2.21B | -$2.25B | -$2.06B | -$1.93B | -$1.88B | $142M | $89M | -$21M |
| Comprehensive Income & Other | -$1.89M | -$904K | $2.48M | $7.67M | -$17.18M | -$36.99M | -$18.35M | -$8.66M | -$5.3M | -$4.31M | -$10.73M | -$10.29M | -$6.79M | -$14.73M | -$35.03M | -$52.33M | -$57.73M | -$72.24M | -$23.77M | $4.72M | $3.07M | $1.14M | -$241M | -$357M | -$868M | -$847M | -$886M | -$2.11B | -$1.83B | -$1.62B |
| Other Stockholders' Equity | $929.59M | $923.52M | $919.4M | $1.01B | $965.08M | $918.9M | $992.32M | $1.01B | $858.98M | $734.91M | $748.67M | $644.25M | $497.95M | $389.66M | $316.54M | $298.62M | $191.11M | $179.48M | $249.26M | $272.15M | $272.3M | $283.59M | $2.27B | $2.15B | $2.13B | $2.26B | $2.3B | $2.36B | $2.44B | $2.67B |
| Total Equity | $1.82B | $1.73B | $1.62B | $1.47B | $1.24B | $1.35B | $1.45B | $1.49B | $1.49B | $1.41B | $1.4B | $1.17B | $986.47M | $924.53M | $917.06M | $1.02B | $908.38M | $910.66M | $854.54M | $755.27M | $607.19M | $519.52M | $58M | -$94M | $74M | $330M | $422M | $2.5B | $2.53B | $2.65B |
| Minority Interest | $43.53M | $39.49M | $34.09M | $51.02M | $50.99M | $28.14M | $20.92M | $12.04M | $13.88M | $12.31M | $11.6M | $11.39M | $11.2M | $2.31M | $2.1M | $3.75M | $5.95M | $4.46M | $3.39M | $2K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $3.91B | $3.67B | $3.33B | $3.26B | $2.84B | $3.08B | $3.13B | $3.19B | $3.36B | $3.27B | $2.89B | $2.69B | $2.47B | $2.45B | $2.53B | $2.7B | $2.54B | $2.6B | $2.36B | $1.97B | $1.09B | $938.97M | $2.77B | $2.48B | $2.67B | $2.87B | $2.93B | $8.37B | $7.91B | $7.28B |
| Supplementary Data | ||||||||||||||||||||||||||||||
| Total Debt | $1.93B | $1.76B | $1.6B | $1.67B | $1.46B | $1.57B | $1.56B | $1.6B | $1.75B | $1.75B | $1.4B | $1.42B | $1.38B | $1.44B | $1.52B | $1.56B | $1.5B | $1.51B | $1.39B | $1.13B | $433.52M | $365.16M | $1.43B | $1.45B | $1.51B | $1.53B | $1.63B | $3.43B | $2.91B | $2.3B |
| Net Debt | $1.63B | $1.42B | $1.23B | $1.36B | $1.33B | $1.4B | $1.36B | $1.38B | $1.55B | $1.56B | $1.1B | $1.2B | $1.21B | $1.28B | $1.33B | $1.28B | $1.2B | $1.19B | $1.2B | $954.75M | $287.48M | $246.79M | $1.28B | $1.39B | $1.46B | $1.49B | $1.55B | $3.4B | $2.87B | $2.24B |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 | 1997-12-31 | 1996-12-31 |
| Operating Activities | ||||||||||||||||||||||||||||||
| Net Income | $159.3M | $181.63M | $300.18M | $204.23M | -$101.91M | $24M | -$334M | -$99.2M | $7.61M | $55.78M | $247M | $226M | $183M | $275M | $157M | $39M | -$73M | -$415M | -$5M | $51M | $58M | $13M | $27M | -$187M | -$130M | -$42M | -$423M | $255M | $315M | $410M |
| Depreciation & Amortization | $170.05M | $139.81M | $123.12M | $121.58M | $126.82M | $137.1M | $139.42M | $146.8M | $139.02M | $113.42M | $203M | $208M | $205M | $205M | $207M | $216M | $221M | $222M | $205M | $184M | $177M | $177M | $163M | $144M | $153M | $151M | $144M | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $12M | $0 | -$151M | -$65M | -$10M | -$79M | $0 | -$1M | $5M | -$65M | -$5M | $4M | -$24M | $204M | $25M | -$43M | $0 | -$59M | -$29M | -$39M | $30M | -$43M | $97M | $73M | $235M | $23M |
| Stock-Based Compensation | $0 | $8.13M | $0 | $0 | $24M | $18M | $25M | $14M | $14M | $14M | $15M | $13M | $13M | $11M | $8M | $9M | $7M | $10M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||||
| Accounts Receivable | $4.09M | $16.87M | $28.37M | -$35.24M | -$1.33M | $19.66M | -$225M | -$15.99M | $8.57M | -$5.45M | -$90M | -$83M | -$88M | -$9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $6.36M | $3.56M | $3.7M | -$3.3M | -$1.1M | -$8.78M | $284M | -$4.09M | $2.46M | -$4.35M | -$36M | -$74M | $3M | -$72M | -$64M | -$122M | $101M | $19M | -$66M | -$56M | $7M | -$19M | $55M | $0 | $75M | -$29M | -$23M | -$20M | -$31M | $18M |
| Accounts Payable | -$10.88M | $12.96M | -$11.83M | -$27.06M | $23.36M | $14.98M | -$66M | -$12.46M | -$4.04M | $23.4M | $90M | $94M | $161M | $12M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$2.19M | $12.44M | $6.41M | $21.93M | -$16.68M | -$17.54M | -$81M | -$5.01M | $14.43M | $1.42M | $28M | -$92M | -$19M | -$25M | -$99M | $71M | -$19M | -$4M | -$11M | $62M | -$87M | $67M | $23M | $67M | $15M | $186M | -$152M | -$67M | -$242M | $17M |
| Total Working Capital Change | -$2.62M | $45.83M | $26.65M | -$43.67M | $4.25M | $8.32M | -$88M | -$37.56M | $21.43M | $15.03M | -$8M | -$155M | $57M | -$94M | -$163M | -$51M | $82M | $15M | -$77M | $6M | -$80M | $48M | $78M | $67M | $90M | $157M | -$175M | -$87M | -$273M | $35M |
| Other Non-Cash Items | -$30.95M | -$67.71M | -$54.67M | $6.39M | -$12.05M | $17.99M | $852.58M | $385.75M | $270.64M | $192.94M | $60M | $50M | $40M | $33M | $41M | $27M | $28M | $124M | $17M | $1M | -$21M | $21M | $42M | $203M | -$2M | $11M | $103M | $291M | $242M | -$215M |
| Net Cash from Operating | $295.79M | $307.68M | $395.28M | $288.53M | $53.11M | $205.42M | $444M | $69.64M | $167.65M | $163.93M | $517M | $341M | $503M | $365M | $245M | $244M | $241M | $160M | $165M | $199M | $134M | $200M | $281M | $188M | $141M | $234M | -$254M | $532M | $519M | $253M |
| Investing Activities | ||||||||||||||||||||||||||||||
| Capital Expenditures | -$521.74M | -$650.02M | -$298.38M | -$333.37M | -$61.23M | -$188.24M | -$744M | -$17.32M | -$293.35M | -$576.08M | -$309M | -$344M | -$269M | -$276M | -$228M | -$163M | -$126M | -$248M | -$212M | -$190M | -$158M | -$130M | -$130M | -$138M | -$127M | -$146M | -$1.45B | -$592M | -$558M | -$930M |
| Acquisitions | $99.05M | $228.42M | $165.94M | $31.55M | $9M | $9M | -$134M | $17.14M | $51.55M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1M | -$16M | $0 | $0 | -$14M | $0 | $0 | $0 | $0 | -$5M | $0 | -$72M | -$285M | $411M |
| Purchases of Investments | -$45.42M | -$20M | -$5M | $0 | -$8M | $0 | -$2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6M | $0 | $0 | $0 | $0 | -$1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $10M | $0 | $0 | $0 | $8M | $0 | $2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1M | $0 | $0 | $1M | $1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $44.22M | $84.63M | $272M | $187M | -$3M | $5M | $6M | $5M | $3M | $3M | $4M | $6M | -$1M | $3M | $10M | $17M | $4M | $15M | $3M | $31M | $1M | -$6M | $266M | -$95M | -$54M | -$174M |
| Net Cash from Investing | -$458.12M | -$441.61M | -$137.44M | -$301.81M | -$8M | -$94.61M | -$606M | -$179K | -$241.8M | -$576.08M | -$303M | -$339M | -$266M | -$273M | -$224M | -$157M | -$119M | -$261M | -$202M | -$172M | -$167M | -$116M | -$127M | -$107M | -$126M | -$157M | -$1.19B | -$759M | -$897M | -$693M |
| Financing Activities | ||||||||||||||||||||||||||||||
| Debt Repaid | -$172.28M | -$184.55M | $16.45M | -$206.93M | $129.15M | $34.76M | $62.57M | $155.96M | $2.96M | -$365.95M | $14.93M | -$38.04M | $62.13M | $73.24M | $46.8M | -$59.89M | $11.05M | -$123.69M | -$256.28M | -$700.14M | -$68.36M | $87.46M | -$66.67M | -$141.49M | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $44.03M | $53.48M | $3.46M | $16.55M | $4.51M | $10.85M | $0 | $6M | $176.4M | $7.04M | $62.33M | $0 | $105M | $258K | $0 | $0 | $71K | $221K | $1.75M | $2.69M | $100.38M | $10M | $18M | $41M | $50M | $147M | $164M |
| Common Stock Repurchases | $0 | $0 | -$108.31M | -$2.5M | -$168K | -$59.83M | $0 | $0 | $0 | -$20.68M | -$213M | $0 | $0 | $0 | -$16M | $0 | -$4.06M | -$34.17M | -$1.34M | -$5.26M | -$37.76M | $0 | -$1.79M | -$102.36M | $0 | $0 | -$4M | -$154M | -$132M | -$192M |
| Dividends Paid | -$60.14M | -$71.82M | -$61.86M | -$43.71M | -$36.31M | -$46.71M | -$49.31M | -$44.44M | -$39.87M | -$40.36M | -$33.4M | -$21.43M | -$10.42M | -$26.62M | -$27.67M | -$22.85M | -$42.45M | -$67.23M | -$59.96M | -$44.78M | -$38.49M | -$22.75M | -$12.02M | -$8.54M | $0 | -$7M | -$151M | -$203M | -$204M | -$313M |
| Other Financing Activities | $0 | -$7.19M | -$3.95M | -$9.23M | -$1.27M | $1.04M | $114.34M | -$4.3M | -$3.18M | -$6.42M | $78.79M | $173.59M | $16.66M | -$10.21M | -$30.52M | -$4.8M | -$28.66M | $35.71M | -$3.08M | -$7.05M | $1.18M | -$24.2M | -$751K | -$203.97M | -$20.84M | -$116M | $1.5B | $419M | $558M | $460M |
| Net Cash from Financing | $112.14M | $105.54M | -$190.58M | $195.53M | -$89.68M | -$136.8M | $3M | -$51.61M | $76.13M | $310.24M | -$172M | $20M | -$175M | -$89M | -$26M | -$30M | -$87M | $58M | -$17M | $16M | -$36M | -$12M | -$49M | -$73M | $3M | -$123M | $1.5B | $216M | $354M | $147M |
| Forex Effect | $5M | $0 | $0 | $0 | -$18M | $0 | $23M | -$17M | $3M | $2M | -$37M | -$15M | -$10M | $6M | -$14M | $9M | $6M | -$19M | $40M | $18M | -$4M | -$3M | -$14M | -$7M | $0 | -$3M | $2M | $6M | $3M | $1M |
| Net Change in Cash | -$45.18M | -$28.38M | $67.25M | $182.24M | -$44.57M | -$26M | -$136M | $17.85M | $4.9M | -$89.23M | $5M | $7M | $52M | $9M | -$19M | $66M | $41M | -$62M | -$14M | $61M | -$73M | $69M | $91M | $1M | $18M | -$49M | $55M | -$5M | -$21M | -$292M |
| Supplementary Data | ||||||||||||||||||||||||||||||
| Operating Cash Flow | $295.79M | $307.68M | $395.28M | $288.53M | $53.11M | $205.42M | $444M | $69.64M | $167.65M | $163.93M | $517M | $341M | $503M | $365M | $245M | $244M | $241M | $160M | $165M | $199M | $134M | $200M | $281M | $188M | $141M | $234M | -$254M | $532M | $519M | $253M |
| Capital Expenditure | -$521.74M | -$650.02M | -$298.38M | -$333.37M | -$61.23M | -$188.24M | -$744M | -$17.32M | -$293.35M | -$576.08M | -$309M | -$344M | -$269M | -$276M | -$228M | -$163M | -$126M | -$248M | -$212M | -$190M | -$158M | -$130M | -$130M | -$138M | -$127M | -$146M | -$1.45B | -$592M | -$558M | -$930M |
| Free Cash Flow | -$225.95M | -$342.34M | $96.89M | -$44.84M | -$8.12M | $17.18M | -$300M | $52.33M | -$125.7M | -$412.14M | $208M | -$3M | $234M | $89M | $17M | $81M | $115M | -$88M | -$47M | $9M | -$24M | $70M | $151M | $50M | $14M | $88M | -$1.71B | -$60M | -$39M | -$677M |
| Cash at Beginning | $348.31M | $376.69M | $309.44M | $127.2M | $171.77M | $197.77M | $702M | $202.67M | $197.77M | $287M | $282M | $275M | $223M | $214M | $233M | $167M | $126M | $188M | $202M | $141M | $214M | $145M | $54M | $53M | $35M | $84M | $29M | $41M | $62M | $354M |
| Cash at End | $303.13M | $348.31M | $376.69M | $309.44M | $127.2M | $171.77M | $566M | $220.53M | $202.67M | $197.77M | $287M | $282M | $275M | $223M | $214M | $233M | $167M | $126M | $188M | $202M | $141M | $214M | $145M | $54M | $53M | $35M | $84M | $36M | $41M | $62M |