TEN Q2 2022 Earnings — Tsakos Energy Navigation Limited Revenue & Financial Results | Market Cap Arena

TENTsakos Energy Navigation Limited

$1B

Q2 2022 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$217M-95.3% YoY

Gross Profit

$64M29.7% margin

Operating Income

$57M26.3% margin

Net Income

$46M21.3% margin

EPS (Diluted)

$1.63

QoQ Revenue Growth

+44.8%

Cash Flow

Operating Cash Flow

$49M

Free Cash Flow

-$29M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$1.7B

Stockholders' Equity

$1.4B

Cash & Equivalents

$172M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$217M	$4.6B	-95.3%
Gross Profit	$64M	$610M	-89.4%
Operating Income	$57M	$123M	-53.6%
Net Income	$46M	-$10M	+562.3%

Revenue Segments

Clean Air Division

$2.1B46%

Powertrain

$1.0B22%

Ride Performance Division

$791M17%

Motorparts

$729M16%