Nordic American Tankers (NAT) Accumulated Expenses (2009 - 2026)
Nordic American Tankers (NAT) recorded Accumulated Expenses of $17.43 million in Q2 2026, up 42.4% from $12.24 million a year earlier and up 19.5% from the prior quarter.
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Analysis
Nordic American Tankers (NAT) Accumulated Expenses (2009 - 2026) Analysis & Trends
At the end of FY2025, Nordic American Tankers reported Accumulated Expenses of $15.24 million, up 24.0% from FY2024.
- Annual Accumulated Expenses has increased for three straight years, with a five-year compound annual growth rate of 23.7% (FY2020 to FY2025).
- Across earlier years, Accumulated Expenses came in at $12.29 million in FY2024 (+4.6%), $11.75 million in FY2023 (+3.8%), $11.32 million in FY2022 (-24.5%) and $14.99 million in FY2021 (+185.2%).
- Quarterly Accumulated Expenses has ranged from $5.91 million in Q3 2023 to $23.51 million in Q2 2022 over the past five years.
- On a year-over-year basis, Accumulated Expenses has increased for eight consecutive quarters, with growth averaging 37.6% over the last eight quarters.
- Peak year-over-year performance for Accumulated Expenses in the last five years was growth of 185.2% in Q4 2021, against a decline of 58.5% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $14.59 million (Q1 2026), $15.24 million (Q4 2025) and $17.71 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn |
| 10 | Nordic American Tankers | 1.67 Bn | 1.34 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.43 Mn |
| Mar 31, 2026 | 14.59 Mn |
| Dec 31, 2025 | 15.24 Mn |
| Sep 30, 2025 | 17.71 Mn |
| Jun 30, 2025 | 12.24 Mn |
| Mar 31, 2025 | 13.44 Mn |
| Dec 31, 2024 | 12.29 Mn |
| Sep 30, 2024 | 10.98 Mn |
| Jun 30, 2024 | 9.38 Mn |
| Mar 31, 2024 | 9.34 Mn |
| Dec 31, 2023 | 11.75 Mn |
| Sep 30, 2023 | 5.91 Mn |
| Jun 30, 2023 | 9.76 Mn |
| Mar 31, 2023 | 7.28 Mn |
| Dec 31, 2022 | 11.32 Mn |
| Sep 30, 2022 | 13.28 Mn |
| Jun 30, 2022 | 23.51 Mn |
| Dec 31, 2021 | 14.99 Mn |
| Sep 30, 2021 | 8.13 Mn |
| Jun 30, 2021 | 9.89 Mn |
API Access
Nordic American Tankers Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=NAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "NAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=NAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();