Tsakos Energy Navigation Limited (TEN) — Capital Reinvestment Ratio
Tsakos Energy Navigation Limited (TEN) has a Capital Reinvestment Ratio of 1.00x as of December 2025, meaning it reinvests 1% of its operating cash flow ($94.39 Million) in capital expenditures ($94.39 Million). Check TEN intangible-adjusted equity ratio 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 (1996–2025)
This chart tracks Tsakos Energy Navigation Limited's Capital Reinvestment Ratio across 29 annual periods. For the full cash flow conversion analysis, see TEN cash generation efficiency.
Annual Capital Reinvestment Ratio for Tsakos Energy Navigation Limited (1996–2025)
Year-by-year Capital Reinvestment Ratio for Tsakos Energy Navigation Limited from 1996 to 2025. See how much free cash does Tsakos Energy Navigation Limited generate to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.76x | $295.79 Million | $521.74 Million | ▼ -16.5% |
| 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 | ▲ +123.0% |
| 2018 | 0.25x | $69.64 Million | $17.32 Million | ▼ -85.8% |
| 2017 | 1.75x | $167.65 Million | $293.35 Million | ▼ -48.3% |
| 2016 | 3.38x | $170.35 Million | $576.08 Million | ▲ +465.8% |
| 2015 | 0.60x | $517.00 Million | $309.00 Million | ▼ -40.8% |
| 2014 | 1.01x | $341.00 Million | $344.00 Million | ▲ +88.6% |
| 2013 | 0.53x | $503.00 Million | $269.00 Million | ▼ -29.3% |
| 2012 | 0.76x | $365.00 Million | $276.00 Million | ▼ -18.7% |
| 2011 | 0.93x | $245.00 Million | $228.00 Million | ▲ +39.3% |
| 2010 | 0.67x | $244.00 Million | $163.00 Million | ▼ -37.9% |
| 2009 | 1.08x | $117.16 Million | $126.03 Million | ▼ -30.6% |
| 2008 | 1.55x | $160.00 Million | $248.00 Million | ▲ +20.6% |
| 2007 | 1.28x | $165.00 Million | $212.00 Million | ▲ +34.6% |
| 2006 | 0.95x | $199.00 Million | $190.00 Million | ▼ -19.0% |
| 2005 | 1.18x | $134.00 Million | $158.00 Million | ▲ +81.4% |
| 2004 | 0.65x | $200.00 Million | $130.00 Million | ▲ +40.5% |
| 2003 | 0.46x | $281.00 Million | $130.00 Million | ▼ -37.0% |
| 2002 | 0.73x | $188.00 Million | $138.00 Million | ▼ -18.5% |
| 2001 | 0.90x | $141.00 Million | $127.00 Million | ▲ +44.4% |
| 2000 | 0.62x | $234.00 Million | $146.00 Million | ▼ -43.9% |
| 1998 | 1.11x | $532.00 Million | $592.00 Million | ▲ +3.5% |
| 1997 | 1.08x | $519.00 Million | $558.00 Million | ▼ -70.8% |
| 1996 | 3.68x | $253.00 Million | $930.00 Million | — |