Nordic American Tankers (NAT) FCF Payout Ratio (2009 - 2026)
Nordic American Tankers' (NAT) quarterly FCF Payout Ratio came in at 1.21 in Q1 2026, down 103.23% year-on-year from 37.48 in Q1 2025, and up 37.69% quarter-over-quarter from 1.95 in Q4 2025.
Nordic American Tankers (NAT) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Nordic American Tankers' FCF Payout Ratio history runs 18 years deep, the most recent figure standing at 1.21 for Q1 2026.
- On a quarterly basis, FCF Payout Ratio fell 103.23% year-over-year to 1.21 in Q1 2026; TTM through Mar 2026 was 0.54, a 160.68% decrease from a year earlier, with the FY2025 full-year figure at 0.55, down 179.69% from the prior year.
- FCF Payout Ratio improved to 1.21 in Q1 2026 per NAT's latest filing, from 1.95 in the prior quarter.
- Across five years, FCF Payout Ratio topped out at 37.48 in Q1 2025 and bottomed at 5.37 in Q3 2025.
- The 5-year median for FCF Payout Ratio is 0.66 (2023), against an average of 2.2.
- Biggest YoY gain for FCF Payout Ratio was 11400.5% in 2025; the steepest drop was 656.72% in 2025.
- Year by year, FCF Payout Ratio stood at 0.58 in 2022, then plunged by 336.74% to 2.51 in 2023, then surged by 380.34% to 7.05 in 2024, then slumped by 127.6% to 1.95 in 2025, then jumped by 37.69% to 1.21 in 2026.
- Per Business Quant, the three latest NAT FCF Payout Ratio figures stand at 1.21 (Q1 2026), 1.95 (Q4 2025), and 5.37 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | -0.67 |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -3.19 |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 0.68 |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | -21.81 |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 0.05 |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | -0.27 |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 0.80 |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | -1.37 |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 9.63 |
| 10 | Nordic American Tankers | 1.36 Bn | 1.28 Bn | 48.56 Mn | -1.21 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.21 |
| Dec 31, 2025 | -1.95 |
| Sep 30, 2025 | -5.37 |
| Jun 30, 2025 | -0.11 |
| Mar 31, 2025 | 37.48 |
| Dec 31, 2024 | 7.05 |
| Sep 30, 2024 | -0.71 |
| Jun 30, 2024 | -0.76 |
| Mar 31, 2024 | -0.33 |
| Dec 31, 2023 | -2.51 |
| Sep 30, 2023 | -1.16 |
| Mar 31, 2023 | -0.61 |
| Dec 31, 2022 | -0.58 |
| Sep 30, 2022 | 1.60 |
| Dec 31, 2021 | -1.21 |
| Jun 30, 2021 | 0.55 |
| Mar 31, 2021 | 0.21 |
| Dec 31, 2020 | -4.84 |
| Sep 30, 2020 | -2.77 |
| Jun 30, 2020 | -0.26 |