TEN-PE Q2 2024 Earnings — Tsakos Energy Navigation Limited Revenue & Financial Results | Market Cap Arena

TEN-PETsakos Energy Navigation Limited

$797M

Q2 2024 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$214M-3.3% YoY

Gross Profit

$78M36.6% margin

Operating Income

$103M48.1% margin

Net Income

$76M35.7% margin

EPS (Diluted)

$2.36

QoQ Revenue Growth

+6.2%

Cash Flow

Operating Cash Flow

$81M

Free Cash Flow

$0

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.8B

Total Liabilities

$2.0B

Stockholders' Equity

$1.7B

Cash & Equivalents

$377M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$214M	$221M	-3.3%
Gross Profit	$78M	$95M	-17.4%
Operating Income	$103M	$83M	+24.7%
Net Income	$76M	$61M	+26.0%