Nordic American Tankers Limited (NAT) Earnings History
Annual and quarterly earnings data from 1997 to 2024
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NAT EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
NAT Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2024 | 30.3% | 22.1% | 13.3% |
| 2023 | 38.5% | 32.7% | 25.2% |
| 2022 | 16.2% | 10.7% | 4.5% |
| 2021 | -35.0% | -43.0% | -61.0% |
| 2020 | 27.9% | 22.9% | 14.1% |
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Nordic American Tankers Limited (NAT) Earnings Overview
As of May 8, 2026, Nordic American Tankers Limited (NAT) reported trailing twelve-month net income of $2M, reflecting -53.2% year-over-year growth. The company earned $0.01 per diluted share over the past four quarters, with a net profit margin of 13.3%.
Looking at the long-term picture, NAT's historical earnings data spans multiple years. The company achieved its highest annual net income of $119M in fiscal 2008.
Nordic American Tankers Limited maintains positive profitability with a gross margin of 30.3%, operating margin of 22.1%, and net margin of 13.3%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including TNK ($351M net income, 36.9% margin), INSW ($546M net income, 36.7% margin), DHT ($331M net income, 42.5% margin), NAT has room to improve margins relative to the peer group. Compare NAT vs TNK →
NAT Earnings vs Peers
Earnings metrics vs comparable public companies
NAT Historical Earnings Data (1997–2024)
28 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $47M | -52.7% | $77M | $0.22 | 13.3% | 22.1% |
| 2023 | $99M | +553.7% | $128M | $0.47 | 25.2% | 32.7% |
| 2022 | $15M | +112.6% | $36M | $0.07 | 4.5% | 10.7% |
| 2021 | -$119M | -338.7% | -$84M | $-0.74 | -61.0% | -43.0% |
| 2020 | $50M | +583.3% | $81M | $0.34 | 14.1% | 22.9% |
| 2019 | -$10M | +89.1% | $32M | $-0.07 | -3.3% | 10.1% |
| 2018 | -$95M | +53.5% | -$30M | $-0.67 | -33.0% | -10.3% |
| 2017 | -$205M | -4499.8% | -$46M | $-0.73 | -69.0% | -15.6% |
| 2016 | -$4M | -103.9% | $48M | $-0.05 | -1.2% | 13.4% |
| 2015 | $115M | +970.6% | $128M | $1.29 | 25.7% | 28.7% |
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Start ComparisonNAT — Frequently Asked Questions
Quick answers to the most common questions about buying NAT stock.
Is NAT growing earnings?
NAT EPS fell to $0.01, with earnings declining -53.2%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $2M.
What are NAT's profit margins?
Nordic American Tankers Limited net margin is +13.3%, with operating margin at +22.1%. Margins sit within typical range for the sector.
How consistent are NAT's earnings?
NAT earnings data spans 1997-2024. The declining earnings trend is -53.2% YoY. Historical data enables comparison across business cycles.