Nordic American Tankers (NAT) EBITDA (2009 - 2026)
Nordic American Tankers' (NAT) quarterly EBITDA came in at $54.0 million in Q1 2026, up 263.52% year-on-year from $14.9 million in Q1 2025, and down 39.4% quarter-over-quarter from $89.1 million in Q4 2025.
Nordic American Tankers (NAT) EBITDA (2009 - 2026) Analysis & Trends
Nordic American Tankers' EBITDA history runs 18 years deep, the most recent figure standing at $54.0 million for Q1 2026.
- On a quarterly basis, EBITDA rose 263.52% year-over-year to $54.0 million in Q1 2026; TTM through Mar 2026 was $180.4 million, a 63.07% increase from a year earlier, with the FY2025 full-year figure at $89.1 million, down 32.88% from the prior year.
- EBITDA retreated to $54.0 million in Q1 2026 per NAT's latest filing, from $89.1 million in the prior quarter.
- Across five years, EBITDA topped out at $89.1 million in Q4 2025 and bottomed at -$7.7 million in Q1 2022.
- The 5-year median for EBITDA is $30.4 million (2024), against an average of $34.9 million.
- Biggest YoY gain for EBITDA was 2599.1% in 2022; the steepest drop was 505.41% in 2022.
- Year by year, EBITDA stood at $51.1 million in 2022, then slipped by 25.82% to $37.9 million in 2023, then plunged by 41.67% to $22.1 million in 2024, then surged by 302.75% to $89.1 million in 2025, then slumped by 39.4% to $54.0 million in 2026.
- Per Business Quant, the three latest NAT EBITDA figures stand at $54.0 million (Q1 2026), $89.1 million (Q4 2025), and $21.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 133.31 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 64.35 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 1.35 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 2.35 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 1.90 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 1.43 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 2.98 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 846.90 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 1.43 Bn |
| 10 | Nordic American Tankers | 1.36 Bn | 1.28 Bn | 48.56 Mn | 54.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 54.01 Mn |
| Dec 31, 2025 | 89.14 Mn |
| Sep 30, 2025 | 21.38 Mn |
| Jun 30, 2025 | 15.84 Mn |
| Mar 31, 2025 | 14.86 Mn |
| Dec 31, 2024 | 22.13 Mn |
| Sep 30, 2024 | 30.45 Mn |
| Jun 30, 2024 | 43.17 Mn |
| Mar 31, 2024 | 37.06 Mn |
| Dec 31, 2023 | 37.94 Mn |
| Sep 30, 2023 | 27.11 Mn |
| Jun 30, 2023 | 46.89 Mn |
| Mar 31, 2023 | 67.67 Mn |
| Dec 31, 2022 | 51.15 Mn |
| Sep 30, 2022 | 28.32 Mn |
| Jun 30, 2022 | 14.07 Mn |
| Mar 31, 2022 | -7.72 Mn |
| Dec 31, 2021 | 1.90 Mn |
| Sep 30, 2021 | -12.27 Mn |
| Jun 30, 2021 | -4.64 Mn |