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

Nordic American Tankers (NAT) posted Asset Utilization Ratio of 0.25 for Q1 2026, up 23.41% on a QoQ basis from 0.2 in Q4 2025, and down 1.66% year-on-year from 0.25 in Q1 2025.

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

Nordic American Tankers has disclosed Asset Utilization Ratio across 18 years of filings, most recently posting 0.25 for Q1 2026.

  • Asset Utilization Ratio for Q1 2026 came in at 0.25, down 1.66% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.25 (down 1.66% YoY), and the FY2025 annual result was 0.21, down 48.5% from the prior year.
  • Asset Utilization Ratio came in at 0.25 for Q1 2026 at Nordic American Tankers, up from 0.2 in the prior quarter.
  • Over the last five years, Asset Utilization Ratio for NAT reached as high as 82.91 in Q3 2023 and fell as low as 0.0 in Q3 2024.
  • Median Asset Utilization Ratio over the past 5 years was 0.25 (2024), compared with a mean of 21.97.
  • Year-over-year, Asset Utilization Ratio slumped 100.0% in 2024 and jumped 295221.49% in 2025.
  • Over 5 years, Asset Utilization Ratio stood at 80.82 in 2022, then plunged by 99.64% to 0.29 in 2023, then grew by 11.08% to 0.32 in 2024, then slumped by 37.76% to 0.2 in 2025, then grew by 23.41% to 0.25 in 2026.
  • Per Business Quant, the three latest NAT Asset Utilization Ratio figures stand at 0.25 (Q1 2026), 0.2 (Q4 2025), and 0.18 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 0.31
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 0.24
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 0.65
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 0.49
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 0.63
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 0.21
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 0.52
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 0.66
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 0.28
10 Nordic American Tankers - - 48.56 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 0.23
Mar 31, 2025 0.28
Dec 31, 2024 0.31
Sep 30, 2024 0.35
Jun 30, 2024 0.25
Mar 31, 2024 0.25
Dec 31, 2023 0.29
Sep 30, 2023 82.91
Jun 30, 2023 81.70
Mar 31, 2023 81.78
Dec 31, 2022 80.82
Sep 30, 2022 0.14
Dec 31, 2021 0.11
Sep 30, 2021 17.78
Jun 30, 2021 36.17
Mar 31, 2021 34.62
Dec 31, 2020 -0.02