Nordic American Tankers (NAT) Asset Utilization Ratio (2009 - 2026)
Nordic American Tankers (NAT) posted quarterly Asset Utilization Ratio of 0.51 for Q1 2026, down 15.82% year-over-year from 0.6 in Q1 2025, and up 11.07% quarter-over-quarter from 0.46 in Q4 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 0.51 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 15.82% year-over-year to 0.51; the TTM figure through Mar 2026 stood at 0.51 (down 15.82% YoY), while the FY2025 annual figure was 0.21, down 48.5% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.51, up from 0.46 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 138.8 in Q3 2023, with the low at 0.14 in Q3 2022.
- The 5-year median for Asset Utilization Ratio is 0.64 (2024), against an average of 36.93.
- The sharpest annual moves came in 2023 and 2024: Asset Utilization Ratio surged 102670.06% in 2023, then tumbled 99.77% in 2024.
- Nordic American Tankers' Asset Utilization Ratio stood at 80.82 in 2022, then slumped by 30.35% to 56.29 in 2023, then sank by 98.87% to 0.64 in 2024, then retreated by 28.63% to 0.46 in 2025, then rose by 11.07% to 0.51 in 2026.
- Business Quant data shows NAT's Asset Utilization Ratio at 0.51 in Q1 2026, 0.46 in Q4 2025, and 0.5 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 0.24 |
| 2 | Enbridge | 110.89 Bn | 109.40 Bn | 5.23 Bn | 0.36 |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 0.72 |
| 4 | Energy Transfer | 72.67 Bn | 71.64 Bn | 7.40 Bn | 0.58 |
| 5 | Tc Energy | 65.89 Bn | 58.33 Bn | 1.24 Bn | - |
| 6 | Oneok | 60.12 Bn | 59.96 Bn | 2.81 Bn | 0.58 |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | 0.31 |
| 8 | Targa Resources | 59.56 Bn | 59.43 Bn | 2.14 Bn | 0.60 |
| 9 | Cheniere Energy | 56.12 Bn | 54.86 Bn | 5.29 Bn | 0.45 |
| 10 | Nordic American Tankers | 1.44 Bn | 1.36 Bn | 48.56 Mn | 0.51 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.51 |
| Dec 31, 2025 | 0.46 |
| Sep 30, 2025 | 0.50 |
| Jun 30, 2025 | 0.53 |
| Mar 31, 2025 | 0.60 |
| Dec 31, 2024 | 0.64 |
| Sep 30, 2024 | 0.32 |
| Jun 30, 2024 | 55.74 |
| Mar 31, 2024 | 55.19 |
| Dec 31, 2023 | 56.29 |
| Sep 30, 2023 | 138.80 |
| Jun 30, 2023 | 81.70 |
| Mar 31, 2023 | 81.78 |
| Dec 31, 2022 | 80.82 |
| Sep 30, 2022 | 0.14 |
| Dec 31, 2021 | 18.57 |
| Sep 30, 2021 | 17.85 |
| Jun 30, 2021 | 0.04 |
| Mar 31, 2021 | 17.18 |
| Dec 31, 2020 | 16.81 |