Nordic American Tankers (NAT) Gross Margin (2009 - 2026)
Nordic American Tankers (NAT) posted quarterly Gross Margin of 62.65% for Q1 2026, up 3340.0% year-over-year from 1.82% in Q1 2025, and little changed quarter-over-quarter from 62.42% in Q4 2025.
Nordic American Tankers (NAT) Gross Margin (2009 - 2026) Analysis & Trends
Nordic American Tankers' Gross Margin history runs 18 years deep, the most recent figure standing at 62.65% for Q1 2026.
- In Q1 2026, Gross Margin rose 3340.0% year-over-year to 62.65%; the TTM figure through Mar 2026 stood at 57.28% (down 54.0% YoY), while the FY2025 annual figure was 39.8%, down 2456.0% from the prior year.
- Gross Margin for Q1 2026 stood at 62.65%, roughly flat from 62.42% in the prior quarter.
- The five-year high for Gross Margin was 99.94% in Q4 2022, with the low at 117.34% in Q1 2022.
- The 5-year median for Gross Margin is 52.03% (2024), against an average of 38.17%.
- The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 15653 bps in 2022, then jumped 17792 bps in 2023.
- Nordic American Tankers' Gross Margin stood at 99.94% in 2022, then tumbled by 36 bps to 63.92% in 2023, then gained by 1 bps to 64.36% in 2024, then slipped by 3 bps to 62.42% in 2025, then climbed by 0 bps to 62.65% in 2026.
- Business Quant data shows NAT's Gross Margin at 62.65% in Q1 2026, 62.42% in Q4 2025, and 35.84% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 68.62% |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 24.69% |
| 3 | Enterprise Products Partners | 83.47 Bn | 82.57 Bn | - | - |
| 4 | Energy Transfer | 72.69 Bn | 71.66 Bn | 7.40 Bn | 21.55% |
| 5 | Tc Energy | 65.95 Bn | 58.39 Bn | 1.24 Bn | 95.91% |
| 6 | Oneok | 60.15 Bn | 59.99 Bn | 2.81 Bn | 23.30% |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | 82.28% |
| 8 | Targa Resources | 59.51 Bn | 59.37 Bn | 2.14 Bn | 48.15% |
| 9 | Cheniere Energy | 56.09 Bn | 54.84 Bn | 5.29 Bn | 92.34% |
| 10 | Nordic American Tankers | 1.44 Bn | 1.36 Bn | 48.56 Mn | 62.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 62.65% |
| Dec 31, 2025 | 62.42% |
| Sep 30, 2025 | 35.84% |
| Jun 30, 2025 | 33.82% |
| Mar 31, 2025 | 29.25% |
| Dec 31, 2024 | 64.36% |
| Sep 30, 2024 | 42.00% |
| Jun 30, 2024 | 52.03% |
| Mar 31, 2024 | 42.69% |
| Dec 31, 2023 | 63.92% |
| Sep 30, 2023 | 99.94% |
| Jun 30, 2023 | 53.83% |
| Mar 31, 2023 | 60.57% |
| Dec 31, 2022 | 99.94% |
| Sep 30, 2022 | -21.35% |
| Jun 30, 2022 | -15.61% |
| Mar 31, 2022 | -117.34% |
| Dec 31, 2021 | -43.26% |
| Jun 30, 2021 | -0.25% |
| Mar 31, 2021 | 39.19% |