TEN Q1 2023 Earnings — Tsakos Energy Navigation Limited Revenue & Financial Results | Market Cap Arena

TENTsakos Energy Navigation Limited

$1B

Q1 2023 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$261M+74.5% YoY

Gross Profit

$125M47.9% margin

Operating Income

$199M76.2% margin

Net Income

$177M67.6% margin

EPS (Diluted)

$5.69

QoQ Revenue Growth

-3.3%

Cash Flow

Operating Cash Flow

$115M

Free Cash Flow

$115M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.4B

Total Liabilities

$1.8B

Stockholders' Equity

$1.7B

Cash & Equivalents

$476M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$261M	$150M	+74.5%
Gross Profit	$125M	$16M	+664.5%
Operating Income	$199M	$10M	+1981.2%
Net Income	$177M	$6M	+3098.4%