Nordic American Tankers (NAT) EBITDA Margin (2009 - 2026)

Nordic American Tankers' (NAT) quarterly EBITDA Margin came in at 69.68% in Q1 2026, up 3052.0% year-on-year from 2.21% in Q1 2025, and up 128.6% quarter-over-quarter from 30.48% in Q4 2025.

Nordic American Tankers (NAT) EBITDA Margin (2009 - 2026) Analysis & Trends

Nordic American Tankers' EBITDA Margin history runs 18 years deep, the most recent figure standing at 69.68% for Q1 2026.

  • On a quarterly basis, EBITDA Margin rose 3052.0% year-over-year to 69.68% in Q1 2026; TTM through Mar 2026 was 39.57%, a 1771.0% increase from a year earlier, with the FY2025 full-year figure at 48.83%, up 1086.0% from the prior year.
  • EBITDA Margin rose to 69.68% in Q1 2026 per NAT's latest filing, from 30.48% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 40930272.7% in Q4 2023 and bottomed at 49.73% in Q1 2022.
  • The 5-year median for EBITDA Margin is 58.52% (2024), against an average of 2411018.81%.
  • Across the five-year window, EBITDA Margin jumped 2000000000 bps in 2023 and sank 2000000000 bps in 2024, its largest moves.
  • Year by year, EBITDA Margin stood at 0.07% in 2022, then surged by 2000000000 bps to 40930272.7% in 2023, then sank by 100 bps to 6.33% in 2024, then surged by 382 bps to 30.48% in 2025, then surged by 129 bps to 69.68% in 2026.
  • Per Business Quant, the three latest NAT EBITDA Margin figures stand at 69.68% (Q1 2026), 30.48% (Q4 2025), and 46.8% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 71.56%
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 79.97%
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 30.06%
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 14.43%
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 13.17%
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 0.10%
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 10.74%
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 20.68%
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 14.85%
10 Nordic American Tankers 1.36 Bn 1.28 Bn 48.56 Mn 69.68%

Historic Data

Download Data
DateValue
Mar 31, 2026 69.68%
Dec 31, 2025 30.48%
Sep 30, 2025 46.80%
Jun 30, 2025 39.44%
Mar 31, 2025 39.16%
Dec 31, 2024 6.33%
Sep 30, 2024 58.52%
Jun 30, 2024 65.31%
Mar 31, 2024 61.18%
Dec 31, 2023 40,930,272.70%
Sep 30, 2023 56,432.68%
Jun 30, 2023 69.16%
Mar 31, 2023 77.70%
Dec 31, 2022 0.07%
Sep 30, 2022 59.76%
Jun 30, 2022 40.48%
Mar 31, 2022 -49.73%
Dec 31, 2021 8.38%
Sep 30, 2021 -131.72%
Jun 30, 2021 -27.72%