Nordic American Tankers (NAT) Gross Margin (2009 - 2026)
Nordic American Tankers (NAT) posted Gross Margin of 67.99% for Q2 2026, up 8.51% on a QoQ basis from 62.65% in Q1 2026, and up 3417.0% year-over-year from 1.93% in Q2 2025.
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Nordic American Tankers (NAT) Gross Margin (2009 - 2026) Analysis & Trends
Nordic American Tankers has reported Gross Margin for 18 years, with the latest figure at 67.99% in Q2 2026.
- On a quarterly basis, Gross Margin rose 3417.0% year-over-year to 67.99% in Q2 2026; TTM through Jun 2026 was 60.9%, a 7887.0% increase from a year earlier, with the FY2025 full-year figure at 39.8%, down 2456.0% from the prior year.
- Gross Margin was 67.99% for Q2 2026 at Nordic American Tankers, up from 62.65% in the prior quarter.
- The five-year high for Gross Margin was 67.99% in Q2 2026, with the low at 168.7% in Q4 2024.
- Average Gross Margin over 5 years is 21.68%, with a median of 43.84% recorded in 2022.
- The sharpest annual moves came in 2024 and 2025: Gross Margin slumped 23261 bps in 2024, then jumped 23112 bps in 2025.
- Over 5 years, Gross Margin stood at 44.99% in 2022, then jumped by 42 bps to 63.92% in 2023, then sank by 364 bps to 168.7% in 2024, then soared by 137 bps to 62.42% in 2025, then climbed by 9 bps to 67.99% in 2026.
- The last three Gross Margin figures came in at 67.99% (Q2 2026), 62.65% (Q1 2026), and 62.42% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | - |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 31.53% |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | - |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 99.97% |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 45.71% |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | 79.33% |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 84.14% |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 83.88% |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 98.37% |
| 10 | Nordic American Tankers | 1.53 Bn | 1.40 Bn | 53.91 Mn | 67.99% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 67.99% |
| 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 | -168.70% |
| Sep 30, 2024 | 42.00% |
| Jun 30, 2024 | 52.03% |
| Mar 31, 2024 | 42.69% |
| Dec 31, 2023 | 63.92% |
| Sep 30, 2023 | 61.23% |
| Jun 30, 2023 | 53.83% |
| Mar 31, 2023 | 60.57% |
| Dec 31, 2022 | 44.99% |
| Sep 30, 2022 | -21.35% |
| Jun 30, 2022 | -15.61% |
| Mar 31, 2022 | -117.34% |
| Dec 31, 2021 | -43.26% |
| Jun 30, 2021 | -112.86% |