Nordic American Tankers Limited (NAT)

NYSE: NAT · Real-Time Price · USD

6.15

+0.42 (7.33%)

At close: Apr 2, 2026, 4:00 PM EDT

6.16

+0.01 (0.16%)

After-hours: Apr 2, 2026, 7:53 PM EDT

Nordic American Tankers Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	182.54	225.1	262.18	168.83	62.81
Revenue Growth (YoY)	-18.91%	-14.14%	55.30%	168.78%	-73.10%
Cost of Revenue	66.94	62.81	60	63.43	67.68
Gross Profit	115.6	162.29	202.18	105.4	-4.86
Selling, General & Admin	28.87	28.83	22.89	18.8	15.62
Depreciation & Amortization Expenses	57.74	56.15	51.4	50.42	68.35
Other Operating Expenses	-17.35	-	-	-5.69	55.63
Total Operating Expenses	69.26	84.98	74.29	63.53	139.6
Operating Income	46.35	77.31	127.89	41.87	-144.46
Interest Income	1.61	0.73	1.3	0.27	0
Interest Expense	-35.75	-30.74	-30.5	-27.06	-26.38
Other Non-Operating Income (Expense)	0.07	-0.67	0.14	0.05	-0.43
Total Non-Operating Income (Expense)	-34.08	-30.68	-29.06	-26.74	-26.81
Pretax Income	12.27	46.63	98.83	15.12	-171.27
Provision for Income Taxes	-	-0.01	0.12	0.02	0.06
Net Income	12.27	46.64	98.71	15.1	-171.33
Net Income to Common	12.27	46.64	98.71	15.1	-171.33
Net Income Growth	-73.69%	-52.75%	553.67%	-	-
Shares Outstanding (Basic)	212	209	209	202	163
Shares Outstanding (Diluted)	212	210	209	202	163
Shares Change (YoY)	0.88%	0.52%	3.36%	24.29%	8.88%
EPS (Basic)	0.06	0.22	0.47	0.07	-1.05
EPS (Diluted)	0.06	0.22	0.47	0.07	-1.05
EPS Growth	-72.73%	-53.19%	571.43%	-	-
Shares Outstanding	211.75	211.75	208.8	208.8	183.69
Free Cash Flow	-116.61	125.54	65.78	-71.28	-62.19
Free Cash Flow Growth	-	90.86%	-	-	-
Free Cash Flow Per Share	-0.55	0.60	0.31	-0.35	-0.38
Dividends Per Share	0.470	0.340	0.460	0.250	0.050
Dividend Growth	38.23%	-26.09%	84.00%	400.00%	-87.50%
Gross Margin	63.33%	72.10%	77.11%	62.43%	-7.74%
Operating Margin	25.39%	34.35%	48.78%	24.80%	-229.99%
Profit Margin	6.72%	20.72%	37.65%	8.94%	-272.76%
FCF Margin	-63.88%	55.77%	25.09%	-42.22%	-99.00%
EBITDA	46.35	133.46	179.29	92.29	-76.11
EBITDA Margin	25.39%	59.29%	68.38%	54.66%	-121.17%
EBIT	46.35	77.31	127.89	41.87	-144.46
EBIT Margin	25.39%	34.35%	48.78%	24.80%	-229.99%
Effective Tax Rate	0.00%	-0.02%	0.12%	0.15%	-0.03%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q