Nordic American Tankers Limited

Nordic American Tankers Limited

NAT
Nordic American Tankers LimitedUS flagNew York Stock Exchange
5.24
USD
-0.03
- -
1.11BMarket Cap
Nordic American Tankers Limited
NAT
(New York Stock Exchange)

Recent

price

5.24

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
2.72
2.01
2.49
3.8
4.11
5
3.86
2.86
2.04
2.22
2.38
1.18
1.68
1.88
1.67
- -
1.38
Revenue per Share
-0.02
-1.53
-1.39
-1.64
-0.15
1.29
-0.05
-1.97
-0.67
-0.07
0.34
-1.05
0.07
0.47
0.22
- -
0.06
Basic EPS, GAAP
-2.94
-2.2
-0.06
-0.88
-0.19
-0.15
-0.66
-0.06
-0.15
0.35
0.62
-0.38
-0.35
0.32
0.6
- -
-0.54
Free Cash Flow per Basic Share
1.71
1.15
1.21
0.65
0.63
1.38
1.36
0.52
0.07
0.1
0.45
0.06
0.11
0.43
0.42
- -
0.4
Dividend per Share
-0.01
-1.52
-1.38
-1.63
-0.14
0.01
-0.04
-2
-2.17
-0.06
0.01
-1.04
-0.76
-0.27
-0.04
- -
0.02
Book Value per Share
21.33
18.4
15.4
13.04
10.19
9.66
9.21
6.85
4.24
4.18
4.01
3.07
2.67
2.58
2.43
- -
2.1
Tangible Book Value per Share
47
47
53
64
85
89
93
104
142
143
149
163
202
209
209
- -
212
Basic Weighted Avg Shares
126
95
131
244
351
446
357
297
289
317
355
191
339
392
350
292
292
Sales/Revenue/Turnover
- -
- -
- -
-36.37
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
10.19
10.19
Operating Margin (%)
63
65
69
74
81
83
91
101
61
64
68
68
50
51
56
58
- -
Depreciation Expense
-1
-72
-73
-105
-13
115
-4
-205
-95
-10
50
-171
15
99
47
12
12
Net Income, GAAP
- -
- -
- -
- -
- -
0.08
0.24
- -
- -
- -
0.13
- -
0.15
0.12
- -
0.39
- -
Effective Tax Rate (%)
-0.64
-76.27
-56.01
-43.26
-3.75
25.72
-1.25
-68.98
-32.98
-3.26
14.11
-89.67
4.45
25.2
13.34
4.21
4.21
Profit Margin (%)
65
65
64
112
152
97
142
102
77
70
60
39
70
38
39
83
83
Working Capital
75
230
250
250
250
325
443
389
418
376
335
285
267
270
248
389
389
LT Debt
993
868
809
855
889
881
871
711
602
595
599
498
540
538
509
446
446
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
5.64
5.66
Return on Invested Capital (%)
- -
- -
- -
- -
- -
43.4
1.13
- -
- -
- -
20.57
- -
25.26
64.08
- -
13.69
13.73
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
35
35
35
LT Borrowings
407
398
389
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
212
212
212
Market Capitalization
554
664
728

Working Capital

FRC

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
151
132
151
Cash, Cash Equivalents & STI
94
68
46
Accounts Receivable, Net
14
16
19
Inventories
19
21
20
Total Current Liabilities
65
68
67
Payables & Accruals
18
22
27
ST Debt
35
35
35
Deferred Revenue
- -
- -
4

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-6.2%
-5.34%
-12.44%
Free Cash Flow
-16.69%
-89.01%
-191.31%
Net Income, GAAP
354.6%
-24.8%
-73.69%
Sales/Revenue/Turnover
0.17%
3.92%
-16.6%
Total Cash Common Dividend
61.71%
67.67%
-3.42%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
87
133
48
189
392
2024
61
66
52
171
350
2025
38
40
46
168
292

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.22
- -
0.04
0.08
0.47
2024
0.07
0.1
0.04
0.01
0.22
2025
0.02
- -
-0.01
0.06
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.15
- -
0.15
0.13
0.43
2024
0.06
0.12
0.12
0.12
0.42
2025
0.1
0.07
0.1
0.13
- -
Business
Nordic American Tankers Limited (NAT) is a Bermuda-based international tanker company that owns, operates and charters a fleet of double-hull Suezmax crude oil tankers for the transportation of crude oil worldwide; its vessels operate primarily in spot and time charter markets, serving major oil companies, traders and refiners with voyage-by-voyage contracts based on prevailing market rates or fixed-period agreements for stable cash flows; as of late 2025, the fleet comprises approximately 24 modern Suezmax tankers, focusing exclusively on this vessel class for operational efficiency and exposure to one-million-barrel cargo demand. Founded in 1995 and headquartered in Hamilton, Bermuda, the company maintains a lean operation with around 15 employees and emphasizes a high dividend policy amid volatile oil markets. In recent developments, NAT has pursued aggressive fleet renewal and expansion, acquiring multiple Suezmax vessels including the 2016-built units in early 2025 for mid-to-high $60m each, exercising purchase options on the 2018-built Nordic Aquarius and Nordic Cygnus from Ocean Yield, and taking delivery of Nordic Galaxy and Nordic Moon in April 2025; it sold older assets such as the 2003-built Nordic Apollo and 2004-built Nordic Castor, while securing a $150m five-year financing agreement with Beal Bank for seven vessels and announcing a long-term time charter with a major energy company.

Company News

APIChat
  • Nordic American Tankers Ltd (NYSE: NAT) – Alexander Hansson purchase more shares in NAT

  • Nordic American Tankers Ltd (NYSE: NAT) – Alexander Hansson purchase more shares in NAT

  • Nordic American Tankers Ltd (NYSE: NAT) – the situation in the Middle East

  • Nordic American Tankers Ltd (NYSE: NAT) – the situation in the Middle East

  • Nordic American Tankers (NAT) Surpasses Q1 Earnings Estimates

  • Is Nordic American Tankers Limited (NAT) Stock Outpacing Its Transportation Peers This Year?

  • Best High-Yield Dividend Stocks to Buy in 2026

  • Nordic American Tankers Ltd (NYSE: NAT) – Recent contracts in a solid market

  • Nordic American Tankers CEO: The strait will open 'sooner than later' due to international pressure

  • Nordic American Tankers Ltd (NYSE: NAT) – Chaotic conditions create more transportation work for NAT

  • Nordic American Tankers CEO on Strait of Hormuz closure: 'We should be fine in a few weeks'

  • Is Nordic American Tankers Limited (NAT) Outperforming Other Transportation Stocks This Year?

  • Nordic American Tankers Ltd (NYSE: NAT) – A tumultuous situation creates strong results

  • Nordic American Tankers Ltd (NYSE: NAT) – A 2005 built vessel has been sold

  • Are Transportation Stocks Lagging Nordic American Tankers Limited (NAT) This Year?

  • Tankers Surge on Rising Oil Prices: FRO, NAT, DHT Add to Massive 2026 Returns

  • 3 Dividend Stocks With Monster Yields Are Already Up 50% in 2026

  • Nordic American Tankers Ltd (NYSE: NAT) – The Hansson family purchase more shares in NAT

  • Nordic American Tankers Limited $NAT Holdings Raised by Rhumbline Advisers

  • Comparing Nordic American Tankers (NYSE:NAT) & Okeanis Eco Tankers (NYSE:ECO)