TEN Q2 2023 Earnings — Tsakos Energy Navigation Limited Revenue & Financial Results | Market Cap Arena

TENTsakos Energy Navigation Limited

$1B

Q2 2023 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$221M+2.2% YoY

Gross Profit

$95M42.9% margin

Operating Income

$83M37.3% margin

Net Income

$61M27.4% margin

EPS (Diluted)

$1.65

QoQ Revenue Growth

-15.2%

Cash Flow

Operating Cash Flow

$143M

Free Cash Flow

$143M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.4B

Total Liabilities

$1.8B

Stockholders' Equity

$1.6B

Cash & Equivalents

$534M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$221M	$217M	+2.2%
Gross Profit	$95M	$64M	+47.2%
Operating Income	$83M	$57M	+44.7%
Net Income	$61M	$46M	+31.2%