Nordic American Tankers Limited (NAT)

NYSE: NAT · Real-Time Price · USD

6.40

+0.27 (4.40%)

At close: Aug 6, 2026, 4:00 PM EDT

6.37

-0.03 (-0.47%)

After-hours: Aug 6, 2026, 7:42 PM EDT

Nordic American Tankers Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	222.11	181.81	225.1	262.18	168.83	62.81
Revenue Growth	9.70%	-19.23%	-14.14%	55.30%	168.78%	-73.10%
Gross Profit	155.8	114.87	162.29	202.18	105.4	-4.86
Operating Income	90.11	46.35	77.31	127.89	41.87	-144.46
Net Income	54.32	12.27	46.64	98.71	15.1	-171.33
Earnings Per Share	0.27	0.06	0.22	0.47	0.07	-1.05
EPS Growth	58.82%	-72.73%	-53.19%	571.43%	-	-

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Cash & Investments	81.12	45.86	39.18	31.08	59.58	34.74
Total Debt	415.39	424.14	269.7	301.6	306.57	322.11
Net Cash (Debt)	-334.27	-378.28	-230.53	-270.52	-246.99	-287.37
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.58	-1.79	-1.10	-1.30	-1.22	-1.77

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Operating Cash Flow	50.41	19.82	128.16	139.45	24.13	-44.46
Capital Expenditures	-120.9	-134.45	-2.62	-73.67	-95.42	-17.73
Free Cash Flow	-70.49	-114.63	125.54	65.78	-71.28	-62.19
Free Cash Flow Growth	-	-	90.86%	-	-	-

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Gross Margin	70.15%	63.18%	72.10%	77.11%	62.43%	-7.74%
Operating Margin	40.57%	25.49%	34.35%	48.78%	24.80%	-229.99%
Pretax Margin	24.46%	6.78%	20.72%	37.70%	8.96%	-272.67%
Profit Margin	24.46%	6.75%	20.72%	37.65%	8.94%	-272.76%
FCF Margin	-31.74%	-63.05%	55.77%	25.09%	-42.22%	-99.00%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 7, 2026	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
Dividend Per Share	0.470	0.470	0.340	0.460	0.250	0.050
Dividend Per Share Growth	113.79%	38.23%	-26.09%	84.00%	400.00%	-87.50%
Dividend Yield	7.34%	11.63%	16.77%	10.24%	3.67%	3.53%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 7, 2026	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
PE Ratio	24.95	57.33	11.36	8.94	43.71	-
Forward PE	8.89	12.29	7.25	7.38	7.37	27.91
P/FCF Ratio	-	-	4.22	13.33	-	-
PS Ratio	4.08	4.01	2.35	3.34	3.78	4.94