Tsakos Energy Navigation Limited (TK41) — Capital Reinvestment Ratio
Tsakos Energy Navigation Limited (TK41) has a Capital Reinvestment Ratio of 1.75x as of December 2025, meaning it reinvests 2% of its operating cash flow (€297.62 Million) in capital expenditures (€521.74 Million). Check Tsakos Energy Navigation Limited (TK41) tangible net worth to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Tsakos Energy Navigation Limited Capital Reinvestment Ratio (2016–2025)
This chart tracks Tsakos Energy Navigation Limited's Capital Reinvestment Ratio across 10 annual periods. For the full cash flow conversion analysis, see Tsakos Energy Navigation Limited (TK41) cash conversion ratio.
Annual Capital Reinvestment Ratio for Tsakos Energy Navigation Limited (2016–2025)
Year-by-year Capital Reinvestment Ratio for Tsakos Energy Navigation Limited from 2016 to 2025. See TK41 cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.75x | €297.62 Million | €521.74 Million | ▼ -17.0% |
| 2024 | 2.11x | €307.68 Million | €650.02 Million | ▲ +179.9% |
| 2023 | 0.75x | €395.28 Million | €298.38 Million | ▼ -34.7% |
| 2022 | 1.16x | €288.53 Million | €333.37 Million | ▲ +0.2% |
| 2021 | 1.15x | €53.11 Million | €61.23 Million | ▲ +25.8% |
| 2020 | 0.92x | €205.42 Million | €188.24 Million | ▲ +65.3% |
| 2019 | 0.55x | €184.35 Million | €102.20 Million | ▲ +136.8% |
| 2018 | 0.23x | €73.94 Million | €17.32 Million | ▼ -86.4% |
| 2017 | 1.72x | €170.83 Million | €293.35 Million | ▼ -49.2% |
| 2016 | 3.38x | €170.35 Million | €576.08 Million | — |