Nordic American Tankers (NAT) EV to EBITDA (2009 - 2026)
Nordic American Tankers (NAT) posted EV to EBITDA of 15.37 for Q2 2026, down 28.41% on a QoQ basis from 21.47 in Q1 2026, and down 47.35% year-over-year from 29.19 in Q2 2025.
Analysis
Nordic American Tankers (NAT) EV to EBITDA (2009 - 2026) Analysis & Trends
Nordic American Tankers has reported EV to EBITDA for 18 years, with the latest figure at 15.37 in Q2 2026.
- On a quarterly basis, EV to EBITDA fell 47.35% year-over-year to 15.37 in Q2 2026; TTM through Jun 2026 was 4.48, a 19.34% decrease from a year earlier, with the FY2025 full-year figure at 7.66, up 109.68% from the prior year.
- EV to EBITDA was 15.37 for Q2 2026 at Nordic American Tankers, down from 21.47 in the prior quarter.
- The five-year high for EV to EBITDA was 29.19 in Q2 2025, with the low at 50.69 in Q1 2022.
- Average EV to EBITDA over 5 years is 16.11, with a median of 21.1 recorded in 2024.
- The largest YoY upside for EV to EBITDA was 154.41% in 2022 against a maximum downside of 91.98% in 2022.
- Over 5 years, EV to EBITDA stood at 11.25 in 2022, then surged by 97.55% to 22.23 in 2023, then fell by 1.43% to 21.91 in 2024, then slumped by 65.06% to 7.66 in 2025, then surged by 100.74% to 15.37 in 2026.
- The last three EV to EBITDA figures came in at 15.37 (Q2 2026), 21.47 (Q1 2026), and 7.66 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn |
| 10 | Nordic American Tankers | 1.53 Bn | 1.40 Bn | 53.91 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.37 |
| Mar 31, 2026 | 21.47 |
| Dec 31, 2025 | 7.66 |
| Sep 30, 2025 | 27.94 |
| Jun 30, 2025 | 29.19 |
| Mar 31, 2025 | 28.11 |
| Dec 31, 2024 | 21.91 |
| Sep 30, 2024 | 23.56 |
| Jun 30, 2024 | 18.15 |
| Mar 31, 2024 | 20.74 |
| Dec 31, 2023 | 22.23 |
| Sep 30, 2023 | 29.00 |
| Jun 30, 2023 | 14.03 |
| Mar 31, 2023 | 11.32 |
| Dec 31, 2022 | 11.25 |
| Sep 30, 2022 | 15.52 |
| Jun 30, 2022 | 23.14 |
| Mar 31, 2022 | -50.69 |
| Dec 31, 2021 | 140.26 |
| Sep 30, 2021 | -28.52 |