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

Nordic American Tankers (NAT) recorded quarterly Asset Utilization Ratio of 0.25 in Q1 2026, up 23.41% quarter-over-quarter from 0.2 in Q4 2025, and up 2.49% on a YoY basis from 0.24 in Q1 2025.

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

Nordic American Tankers' Asset Utilization Ratio history runs 18 years deep, the most recent figure standing at 0.25 for Q1 2026.

  • In Q1 2026, Asset Utilization Ratio rose 2.49% year-over-year to 0.25; the TTM figure through Mar 2026 stood at 0.25 (up 2.49% YoY), while the FY2025 annual figure was 0.21, down 48.5% from the prior year.
  • Asset Utilization Ratio was 0.25 for Q1 2026 at Nordic American Tankers, up from 0.2 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.38 in Q4 2023 to a low of 0.11 in Q4 2022.
  • Historically, Asset Utilization Ratio has averaged 0.24 across 5 years, with a median of 0.24 in 2025.
  • The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio tumbled 99.4% in 2022, then soared 242.64% in 2023.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.11 in 2022, then jumped by 242.64% to 0.38 in 2023, then slipped by 28.54% to 0.27 in 2024, then decreased by 26.52% to 0.2 in 2025, then grew by 23.41% to 0.25 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.25 (Q1 2026), 0.2 (Q4 2025), and 0.18 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 0.31
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 0.65
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 0.24
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 0.49
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 0.21
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 0.63
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 0.52
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn -
10 Nordic American Tankers 1,174.80 -81.12 Mn - 0.25

Historic Data

Download Data
DateValue
Mar 31, 2026 0.25
Dec 31, 2025 0.20
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 0.27
Jun 30, 2023 0.23
Mar 31, 2023 0.19
Dec 31, 2022 0.11
Sep 30, 2022 0.14
Dec 31, 2021 18.54
Sep 30, 2021 17.77
Jun 30, 2021 17.49
Mar 31, 2021 0.02
Dec 31, 2020 16.82