Nordic American Tankers NAT
NYSE NAT
$7.24 +0.13 (+1.83%)
At close: Sep 4, 2026 · 4:00 PM EDT

Nordic American Tankers (NAT) Free Cash Flow (2009 - 2026)

Nordic American Tankers (NAT) posted Free Cash Flow of $68.8 million for Q2 2026, up 131.8% on a QoQ basis from $29.7 million in Q1 2026, and down 49.65% year-over-year from $136.7 million in Q2 2025.

Analysis

Nordic American Tankers (NAT) Free Cash Flow (2009 - 2026) Analysis & Trends

Nordic American Tankers has reported Free Cash Flow for 18 years, with the latest figure at $68.8 million in Q2 2026.

  • On a quarterly basis, Free Cash Flow fell 49.65% year-over-year to $68.8 million in Q2 2026; TTM through Jun 2026 was $116.6 million, a 40.04% decrease from a year earlier, with the FY2025 full-year figure at $154.3 million, up 19.57% from the prior year.
  • Free Cash Flow was $68.8 million for Q2 2026 at Nordic American Tankers, up from $29.7 million in the prior quarter.
  • The five-year high for Free Cash Flow was $136.7 million in Q2 2025, with the low at -$2.5 million in Q3 2022.
  • Average Free Cash Flow over 5 years is $39.9 million, with a median of $34.1 million recorded in 2024.
  • The sharpest annual moves came in 2025 and 2026: Free Cash Flow slumped 101.5% in 2025, then soared 5356.81% in 2026.
  • Over 5 years, Free Cash Flow stood at $45.6 million in 2022, then surged by 89.53% to $86.4 million in 2023, then tumbled by 73.3% to $23.1 million in 2024, then slumped by 38.66% to $14.2 million in 2025, then soared by 386.52% to $68.8 million in 2026.
  • The last three Free Cash Flow figures came in at $68.8 million (Q2 2026), $29.7 million (Q1 2026), and $14.2 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - 579.49 Mn
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn 57.87 Mn
3 Matson 6.74 Bn 6.62 Bn - -31.90 Mn
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn 267.61 Mn
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn 318.62 Mn
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn 417.29 Mn
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn 320.34 Mn
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn 50.19 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 68.85 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 68.85 Mn
Mar 31, 2026 29.70 Mn
Dec 31, 2025 14.15 Mn
Sep 30, 2025 3.94 Mn
Jun 30, 2025 136.75 Mn
Mar 31, 2025 -565,000.00
Dec 31, 2024 23.07 Mn
Sep 30, 2024 35.30 Mn
Jun 30, 2024 32.89 Mn
Mar 31, 2024 37.78 Mn
Dec 31, 2023 86.41 Mn
Sep 30, 2023 27.09 Mn
Jun 30, 2023 48.15 Mn
Mar 31, 2023 51.32 Mn
Dec 31, 2022 45.60 Mn
Sep 30, 2022 -2.52 Mn
Dec 31, 2021 -5.39 Mn
Sep 30, 2021 -15.03 Mn
Jun 30, 2021 -5.67 Mn
Mar 31, 2021 -14.50 Mn