TEN Q3 2023 Earnings — Tsakos Energy Navigation Limited Revenue & Financial Results | Market Cap Arena

TENTsakos Energy Navigation Limited

$1B

Q3 2023 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$187M-16.6% YoY

Gross Profit

$59M31.8% margin

Operating Income

$53M28.4% margin

Net Income

$31M16.7% margin

EPS (Diluted)

$0.83

QoQ Revenue Growth

-15.7%

Cash Flow

Operating Cash Flow

$45M

Free Cash Flow

$45M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.4B

Total Liabilities

$1.7B

Stockholders' Equity

$1.6B

Cash & Equivalents

$394M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$187M	$224M	-16.6%
Gross Profit	$59M	$76M	-21.7%
Operating Income	$53M	$68M	-21.7%
Net Income	$31M	$51M	-39.2%