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Nordic American Tankers Limited (NAT) Financial History

4 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

Energy · Oil & Gas Midstream · DATA UPDATED 2026-07-21

Nordic American Tankers Limited (NAT) operates in the Oil & Gas Midstream industry and is headquartered in Hamilton, Bermuda with about 18 employees. Its market capitalization is roughly $1 billion. In the fiscal year ended 2025-12-31, NAT reported $292M in revenue and $12M in net income.

Nordic American Tankers Limited, a tanker company, owns, operates, and charters double-hull tankers in Bermuda and internationally. As of December 31, 2025, the company fleet consisted of 20 Suezmax crude oil tankers. It serves oil companies, oil traders, and other entities requiring crude oil transportation services.

Interactive charts & full statements → Open the NAT valuation workbench →

NAT Revenue & Earnings History — Annual Income Statement

Income statement2025-12-312024-12-312023-12-312022-12-312021-12-31
Total Revenue$292M$350M$392M$339M
Gross Profit$57M$106M$151M$55M
Operating Income (EBIT)$30M$77M$128M$36M
Net Income$12M$47M$99M$15M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

NAT Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-03-312025-12-312025-09-302025-06-302025-03-31
Total Revenue$78M$168M$46M$40M$38M
Gross Profit$48M$28M$14M$7M$8M
Operating Income (EBIT)$40M$21M$7M$0M$1M
Net Income$46M$12M($3M)($1M)$4M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

NAT Free Cash Flow History

Cash flow2025-12-312024-12-312023-12-312022-12-312021-12-31
Dividends Paid($85M)($88M)($90M)($23M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

NAT Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-31
Dividends Paid($36M)($28M)($21M)($15M)($21M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

NAT Balance Sheet History

Balance sheet2025-12-312024-12-312023-12-312022-12-312021-12-31
Total Assets$902M$818M$879M$880M
Total Liabilities$457M$309M$341M$340M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive NAT viewer.

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