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| Date | Value |
|---|---|
| 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 |