Tsakos Energy Navigation (Tsakos Energy Navigation) Net Margin %

: 16.73% (As of Sep. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Tsakos Energy Navigation's Net Income for the three months ended in Sep. 2023 was $31.2 Mil. Tsakos Energy Navigation's Revenue for the three months ended in Sep. 2023 was $186.7 Mil. Therefore, Tsakos Energy Navigation's net margin for the quarter that ended in Sep. 2023 was 16.73%.

The historical rank and industry rank for Tsakos Energy Navigation's Net Margin % or its related term are showing as below:

TNP' s Net Margin % Range Over the Past 10 Years
Min: -27.72 Med: 3.13 Max: 39.33
Current: 39.33

TNP's Net Margin % is ranked better than
90.97% of 974 companies
in the Oil & Gas industry
Industry Median: 4.235 vs TNP: 39.33

Tsakos Energy Navigation Net Margin % Historical Data

The historical data trend for Tsakos Energy Navigation's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => -18.72 [6] => 2.53 [7] => 3.73 [8] => -27.72 [9] => 23.74 )

Tsakos Energy Navigation Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Net Margin %

-18.72

2.53

3.73

-27.72

23.74

Tsakos Energy Navigation Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Net Margin %																22.95	37.42	67.59	27.38	16.73

Competitive Comparison

For the Oil & Gas Midstream subindustry, Tsakos Energy Navigation's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tsakos Energy Navigation Net Margin % Distribution

For the Oil & Gas industry and Energy sector, Tsakos Energy Navigation's Net Margin % distribution charts can be found below:

* The bar in red indicates where Tsakos Energy Navigation's Net Margin % falls into.

Tsakos Energy Navigation Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Tsakos Energy Navigation's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin	=	Net Income (A: Dec. 2022 )	/	Revenue (A: Dec. 2022 )
	=	204.234	/	860.4
	=	23.74 %

Tsakos Energy Navigation's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin	=	Net Income (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	31.229	/	186.659
	=	16.73 %

Tsakos Energy Navigation (NYSE:TNP) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Tsakos Energy Navigation Net Margin % Related Terms

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Tsakos Energy Navigation (Tsakos Energy Navigation) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tsakos Energy Navigation Ltd (NYSE:TNP) » Definitions » Net Margin %

Comparable Companies

NGL TK PBT OSG EE NVGS SMLP BROG GEL DLNG TSX:ENB EPD ET WMB OKE MPLX TSX:TRP KMI LNG TRGP

Traded in Other Exchanges

TNPpF.PFD:USA TNPpE.PFD:USA TK41:Germany

Address

367 Syngrou Avenue, Ktirio Macedonia, P.O Box 79141, Palaio Faliro, Athens, GRC, 175 64

Website

https://www.tenn.gr

Tsakos Energy Navigation Ltd is a seaborne transportation service provider for crude oil and petroleum products. The company's carriers cater to national and international independent oil companies and refiners. It generates revenue through charter contracts with its clients, which include time, bareboat, and voyage charters, contracts of affreightment, and pool arrangements.