TEN Q3 2022 Earnings — Tsakos Energy Navigation Limited Revenue & Financial Results | Market Cap Arena

TENTsakos Energy Navigation Limited

$1B

Q3 2022 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$224M+70.1% YoY

Gross Profit

$76M33.9% margin

Operating Income

$68M30.3% margin

Net Income

$51M23.0% margin

EPS (Diluted)

$1.46

QoQ Revenue Growth

+3.3%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

-$73M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$3.1B

Total Liabilities

$1.7B

Stockholders' Equity

$1.4B

Cash & Equivalents

$201M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$224M	$132M	+70.1%
Gross Profit	$76M	-$9M	+954.5%
Operating Income	$68M	-$16M	+514.7%
Net Income	$51M	-$25M	+305.4%

Revenue Segments

Clean Air Division

$2.3B47%

Powertrain

$1.0B21%

Ride Performance Division

$849M17%

Motorparts

$723M15%