Nordic American Tankers (NAT) Free Cash Flow (2009 - 2026)
Nordic American Tankers' Free Cash Flow was $68.82 million in Q2 2026, compared with $1.37 million a year earlier and up 131.4% from the prior quarter.
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Analysis
Nordic American Tankers (NAT) Free Cash Flow (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nordic American Tankers' Free Cash Flow was $117.86 million through Jun 30, 2026, up 102.0% year-over-year; for FY2025, it came in at -$114.63 million.
- In earlier years, Free Cash Flow was $126.41 million in FY2024 (+91.8%), $65.92 million in FY2023, -$66.17 million in FY2022 and -$57.73 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Free Cash Flow since Q2 2020.
- Compared with a year earlier, Free Cash Flow was higher in two of the last five quarters, with an average decline of 23.3%.
- The best year-over-year quarter for Free Cash Flow over five years was Q4 2024 (growth of 71.9%); the worst was Q2 2025 (a decline of 95.8%).
- Per Business Quant data, NAT's Free Cash Flow in the three quarters before Q2 2026 was $29.74 million (Q1 2026), $15.4 million (Q4 2025) and $3.9 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 2.20 Bn |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 751.00 Mn |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | 699.79 Mn |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | 166.00 Mn |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 615.00 Mn |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | 1.79 Bn |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | 2.38 Bn |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | 195.66 Mn |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | 551.77 Mn |
| 10 | Nordic American Tankers | 1.67 Bn | 1.34 Bn | - | 68.82 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 68.82 Mn |
| Mar 31, 2026 | 29.74 Mn |
| Dec 31, 2025 | 15.40 Mn |
| Sep 30, 2025 | 3.90 Mn |
| Jun 30, 2025 | 1.37 Mn |
| Mar 31, 2025 | -849,000.00 |
| Dec 31, 2024 | 22.99 Mn |
| Sep 30, 2024 | 34.83 Mn |
| Jun 30, 2024 | 32.76 Mn |
| Mar 31, 2024 | 37.59 Mn |
| Dec 31, 2023 | 13.37 Mn |
| Sep 30, 2023 | 26.95 Mn |
| Jun 30, 2023 | 48.02 Mn |
| Mar 31, 2023 | 51.10 Mn |
| Dec 31, 2022 | 40.54 Mn |
| Sep 30, 2022 | -2.45 Mn |
| Dec 31, 2021 | -6.88 Mn |
| Sep 30, 2021 | -16.65 Mn |
| Jun 30, 2021 | -6.28 Mn |
| Mar 31, 2021 | -14.64 Mn |
API Access
Nordic American Tankers Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=NAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "NAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=NAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();