Nordic American Tankers Limited (NAT)

NYSE: NAT · Real-Time Price · USD

8.25

+0.10 (1.23%)

At close: Sep 18, 2026, 4:00 PM EDT

8.24

-0.01 (-0.12%)

After-hours: Sep 18, 2026, 7:59 PM EDT

Nordic American Tankers Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Net Income	123.5	12.27	46.64	98.71	15.1	-171.33
Depreciation & Amortization	56.36	57.74	56.15	51.4	50.42	68.35
Other Amortization	0.75	0.75	0.85	1.45	3.59	2.99
Loss (Gain) From Sale of Assets	-16.62	-16.62	-	-	-6.01	-
Asset Writedown & Restructuring Costs	-	-	-	-	0.31	60.31
Stock-Based Compensation	-	-	1.85	2.2	0.48	0.34
Other Operating Activities	-28.87	-17.05	-2.46	-9.65	-8.13	-6.82
Change in Accounts Receivable	-2.88	-2.88	10.07	-5.81	-11.1	-3.03
Change in Inventory	-9	-9	13.86	7.07	-18.07	-7.31
Change in Accounts Payable	-2.59	-2.59	3.97	-8.48	0.23	11.74
Change in Other Net Operating Assets	-2.79	-2.79	-2.76	2.56	-2.69	0.29
Operating Cash Flow	117.86	19.82	128.16	139.45	24.13	-44.46
Operating Cash Flow Growth	102.04%	-84.53%	-8.09%	477.79%	-	-

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Capital Expenditures	1.21	-134.45	-2.62	-73.67	-95.42	-17.73
Sale of Property, Plant & Equipment	89.34	46.75	-	-	81.07	14.26
Investing Cash Flow	90.55	-87.7	-2.62	-73.67	-14.34	-3.47

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Long-Term Debt Issued	-	190.66	-	54	88	-
Long-Term Debt Repaid	-	-34.45	-32.74	-59.22	-105.41	-38.74
Net Debt Issued (Repaid)	-35.96	156.21	-32.74	-5.22	-17.41	-38.74
Issuance of Common Stock	-	-	8.93	-	49.1	80.05
Repurchase of Common Stock	-	-	-3.55	-	-	-
Common Dividends Paid	-131.29	-84.7	-87.7	-89.78	-22.68	-9.7
Other Financing Activities	-2.51	-2.51	-	-0.67	-	-1.1
Financing Cash Flow	-169.76	68.99	-115.05	-95.67	9.01	30.51

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Foreign Exchange Rate Adjustments	0.16	0.36	0.54	-0.04	-0.14	-0.01
Net Cash Flow	38.8	1.48	11.02	-29.94	18.65	-17.42

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	119.06	-114.63	125.54	65.78	-71.28	-62.19
Free Cash Flow Growth	-	-	90.86%	-	-	-
Free Cash Flow Margin	32.08%	-39.20%	35.89%	16.79%	-21.01%	-32.55%
Free Cash Flow Per Share	0.56	-0.54	0.60	0.32	-0.35	-0.38
Levered Free Cash Flow	72.57	-131.68	103.22	53.36	-43.32	-36.24
Unlevered Free Cash Flow	94.12	-110.08	121.58	70.97	-30	-22.74

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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 Interest Paid	35.01	35.01	29.89	29.04	23.46	23.39
Cash Income Tax Paid	0.03	0.03	0.01	0.02	0.06	0.06
Change in Working Capital	-17.26	-17.26	25.13	-4.67	-31.63	1.7

SEC Filings: 10-K · 10-Q