Nordic American Tankers (NAT) Interest Expenses (2009 - 2026)
Nordic American Tankers (NAT) recorded quarterly Interest Expenses of -$8.6 million in Q1 2026, up 7.88% quarter-over-quarter from -$9.3 million in Q4 2025, and down 16.82% on a YoY basis from -$10.3 million in Q1 2025.
Nordic American Tankers (NAT) Interest Expenses (2009 - 2026) Analysis & Trends
Nordic American Tankers' Interest Expenses history runs 18 years deep, the most recent figure standing at -$8.6 million for Q1 2026.
- In Q1 2026, Interest Expenses fell 16.82% year-over-year to -$8.6 million; the TTM figure through Mar 2026 stood at -$37.0 million (down 21.79% YoY), while the FY2025 annual figure was -$35.8 million, down 116208.27% from the prior year.
- Interest Expenses was -$8.6 million for Q1 2026 at Nordic American Tankers, up from -$9.3 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of -$7556.0 in Q3 2023 to a low of -$9.8 million in Q3 2025.
- Historically, Interest Expenses has averaged -$6.4 million across 5 years, with a median of -$7.4 million in 2025.
- The sharpest annual moves came in 2023 and 2025: Interest Expenses surged 99.9% in 2023, then slumped 127042.12% in 2025.
- A 5-year view of Interest Expenses shows it stood at -$8046.0 in 2022, then plunged by 89435.17% to -$7.2 million in 2023, then gained by 1.49% to -$7.1 million in 2024, then sank by 31.49% to -$9.3 million in 2025, then grew by 7.88% to -$8.6 million in 2026.
- The last three Interest Expenses figures came in at -$8.6 million (Q1 2026), -$9.3 million (Q4 2025), and -$9.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 891.09 Mn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 385.00 Mn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 947.00 Mn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | -12.23 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 291.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | - |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 439.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 626.02 Mn |
| 10 | Nordic American Tankers | 1,174.80 | -81.12 Mn | - | -8.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -8.60 Mn |
| Mar 31, 2026 | -8.60 Mn |
| Dec 31, 2025 | -9.33 Mn |
| Dec 31, 2025 | -9.33 Mn |
| Sep 30, 2025 | -9.82 Mn |
| Sep 30, 2025 | -9.82 Mn |
| Jun 30, 2025 | -9.24 Mn |
| Jun 30, 2025 | -9.24 Mn |
| Mar 31, 2025 | -7.36 Mn |
| Mar 31, 2025 | -7.36 Mn |
| Dec 31, 2024 | -7.10 Mn |
| Dec 31, 2024 | -7.10 Mn |
| Sep 30, 2024 | -7,726.00 |
| Sep 30, 2024 | -7,726.00 |
| Jun 30, 2024 | -7.87 Mn |
| Jun 30, 2024 | -7.87 Mn |
| Mar 31, 2024 | -8.05 Mn |
| Mar 31, 2024 | -8.05 Mn |
| Dec 31, 2023 | -7.20 Mn |
| Dec 31, 2023 | -7.20 Mn |