Nordic American Tankers NAT
NYSE NAT
$7.24 +0.13 (+1.83%)
At close: Sep 4, 2026 · 4:00 PM EDT

Nordic American Tankers (NAT) Asset Utilization Ratio (2009 - 2026)

Nordic American Tankers (NAT) posted Asset Utilization Ratio of 0.54 for Q2 2026, up 7.67% on a QoQ basis from 0.51 in Q1 2026, and up 181.28% year-over-year from 0.19 in Q2 2025.

Analysis

Nordic American Tankers (NAT) Asset Utilization Ratio (2009 - 2026) Analysis & Trends

Nordic American Tankers has reported Asset Utilization Ratio for 18 years, with the latest figure at 0.54 in Q2 2026.

  • On a quarterly basis, Asset Utilization Ratio rose 181.28% year-over-year to 0.54 in Q2 2026; TTM through Jun 2026 was 0.54, a 181.28% increase from a year earlier, with the FY2025 full-year figure at 0.21, down 48.5% from the prior year.
  • Asset Utilization Ratio was 0.54 for Q2 2026 at Nordic American Tankers, up from 0.51 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 0.54 in Q2 2026, with the low at 0.14 in Q3 2022.
  • Average Asset Utilization Ratio over 5 years is 0.32, with a median of 0.32 recorded in 2023.
  • The sharpest annual moves came in 2025 and 2026: Asset Utilization Ratio tumbled 43.75% in 2025, then jumped 181.28% in 2026.
  • Over 5 years, Asset Utilization Ratio stood at 0.19 in 2022, then surged by 98.42% to 0.38 in 2023, then dropped by 28.54% to 0.27 in 2024, then soared by 67.54% to 0.46 in 2025, then increased by 19.59% to 0.54 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.54 (Q2 2026), 0.51 (Q1 2026), and 0.46 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - 0.47
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn 0.57
3 Matson 6.74 Bn 6.62 Bn - 0.74
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn 0.43
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn 0.38
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn -
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn 0.28
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn 0.32
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn 0.46
10 Nordic American Tankers 1.53 Bn 1.40 Bn 53.91 Mn 0.54
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.54
Mar 31, 2026 0.51
Dec 31, 2025 0.46
Sep 30, 2025 0.18
Jun 30, 2025 0.19
Mar 31, 2025 0.24
Dec 31, 2024 0.27
Sep 30, 2024 0.32
Jun 30, 2024 0.34
Mar 31, 2024 0.34
Dec 31, 2023 0.38
Sep 30, 2023 0.35
Jun 30, 2023 0.31
Mar 31, 2023 0.28
Dec 31, 2022 0.19
Sep 30, 2022 0.14
Dec 31, 2021 0.11
Sep 30, 2021 0.10
Jun 30, 2021 0.26
Mar 31, 2021 0.47