Nordic American Tankers (NAT) Depreciation & Amortization - Total (2009 - 2026)
Nordic American Tankers' Depreciation & Amortization - Total was $12.84 million in Q2 2026, down 14.2% from $14.97 million a year earlier and down 8.3% from the prior quarter.
Nordic American Tankers (NAT) Depreciation & Amortization - Total (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nordic American Tankers' Depreciation & Amortization - Total was $56.36 million through Jun 30, 2026, up 0.1% year-over-year; for FY2025, it came in at $57.74 million, up 2.8% from FY2024.
- Depreciation & Amortization - Total has now increased for three consecutive years, though with a five-year compound annual growth rate of -3.2% (FY2020 to FY2025).
- In earlier years, Depreciation & Amortization - Total was $56.15 million in FY2024 (+9.2%), $51.4 million in FY2023 (+1.9%), $50.42 million in FY2022 (-26.2%) and $68.35 million in FY2021 (+0.8%).
- The Q2 2026 figure marks the lowest quarterly Depreciation & Amortization - Total since Q3 2023.
- Compared with a year earlier, Depreciation & Amortization - Total was higher in six of the last eight quarters, with growth averaging 2.4%.
- The best year-over-year quarter for Depreciation & Amortization - Total over five years was Q3 2024 (growth of 12.2%); the worst was Q3 2022 (a decline of 30.1%).
- Per Business Quant data, NAT's Depreciation & Amortization - Total in the three quarters before Q2 2026 was $14 million (Q1 2026), $14.2 million (Q4 2025) and $15.32 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Tot) (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.47 Bn | 164.72 Bn | - | 643.00 Mn |
| 2 | United Parcel Service | 92.24 Bn | 69.07 Bn | - | - |
| 3 | Csx | 90.81 Bn | 86.03 Bn | - | - |
| 4 | Canadian Pacific Kansas City | 81.61 Bn | 80.64 Bn | - | - |
| 5 | Fedex | 72.98 Bn | 39.17 Bn | - | - |
| 6 | Norfolk Southern | 71.87 Bn | 66.34 Bn | - | 363.00 Mn |
| 7 | Delta Air Lines | 57.23 Bn | 39.41 Bn | - | - |
| 8 | United Airlines Holdings | 36.65 Bn | -21.05 Bn | - | - |
| 9 | Old Dominion Freight Line | 34.12 Bn | 32.96 Bn | - | - |
| 10 | Nordic American Tankers | 1.42 Bn | 1.09 Bn | 53.91 Mn | 12.84 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.84 Mn |
| Mar 31, 2026 | 14.00 Mn |
| Dec 31, 2025 | 14.20 Mn |
| Sep 30, 2025 | 15.32 Mn |
| Jun 30, 2025 | 14.97 Mn |
| Mar 31, 2025 | 13.25 Mn |
| Dec 31, 2024 | 13.87 Mn |
| Sep 30, 2024 | 14.21 Mn |
| Jun 30, 2024 | 13.94 Mn |
| Mar 31, 2024 | 14.14 Mn |
| Dec 31, 2023 | 13.28 Mn |
| Sep 30, 2023 | 12.67 Mn |
| Jun 30, 2023 | 12.73 Mn |
| Mar 31, 2023 | 12.72 Mn |
| Dec 31, 2022 | 12.73 Mn |
| Sep 30, 2022 | 12.30 Mn |
| Jun 30, 2022 | 12.52 Mn |
| Mar 31, 2022 | 12.87 Mn |
| Dec 31, 2021 | 16.28 Mn |
| Sep 30, 2021 | 17.60 Mn |
Nordic American Tankers Depreciation & Amortization - Total API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-amortization-total&ticker=NAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-total", "ticker": "NAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-amortization-total&ticker=NAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();