TEN Q2 2021 Earnings — Tsakos Energy Navigation Limited Revenue & Financial Results | Market Cap Arena

TENTsakos Energy Navigation Limited

$1B

Q2 2021 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$4.6B+73.8% YoY

Gross Profit

$610M13.3% margin

Operating Income

$123M2.7% margin

Net Income

-$10M-0.2% margin

EPS (Diluted)

$-0.20

QoQ Revenue Growth

-3.1%

Cash Flow

Operating Cash Flow

$73M

Free Cash Flow

-$17M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$3.0B

Total Liabilities

$1.7B

Stockholders' Equity

$1.4B

Cash & Equivalents

$139M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.6B	$2.6B	+73.8%
Gross Profit	$610M	$139M	+338.8%
Operating Income	$123M	-$270M	+145.6%
Net Income	-$10M	-$350M	+97.1%

Revenue Segments

Clean Air Division

$8.1B44%

Powertrain

$4.2B23%

Motorparts

$3.2B17%

Ride Performance Division

$2.9B16%

Geographic Segments

North America

$1.9B65%

Asia Pacific

$982M35%