TEN Q4 2023 Earnings — Tsakos Energy Navigation Limited Revenue & Financial Results | Market Cap Arena

TENTsakos Energy Navigation Limited

$1B

Q4 2023 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$220M-18.5% YoY

Gross Profit

$91M41.2% margin

Operating Income

$57M25.8% margin

Net Income

$32M14.4% margin

EPS (Diluted)

$0.85

QoQ Revenue Growth

+18.0%

Cash Flow

Operating Cash Flow

$92M

Free Cash Flow

$92M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.4B

Total Liabilities

$1.7B

Stockholders' Equity

$1.6B

Cash & Equivalents

$377M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$220M	$270M	-18.5%
Gross Profit	$91M	$130M	-30.3%
Operating Income	$57M	$122M	-53.6%
Net Income	$32M	$101M	-68.6%