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
DateValue
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