Nordic American Tankers (NAT) Interest Expenses (2009 - 2026)

Nordic American Tankers' (NAT) quarterly Interest Expenses came in at -$8.6 million in Q1 2026, down 16.82% year-on-year from -$10.3 million in Q1 2025, and up 7.88% quarter-over-quarter from -$9.3 million in Q4 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.

  • On a quarterly basis, Interest Expenses fell 16.82% year-over-year to -$8.6 million in Q1 2026; TTM through Mar 2026 was -$37.0 million, a 23.11% decrease from a year earlier, with the FY2025 full-year figure at -$35.8 million, down 216.31% from the prior year.
  • Interest Expenses advanced to -$8.6 million in Q1 2026 per NAT's latest filing, from -$9.3 million in the prior quarter.
  • Across five years, Interest Expenses topped out at -$7556.0 in Q3 2023 and bottomed at -$9.8 million in Q3 2025.
  • The 5-year median for Interest Expenses is -$7.7 million (2023), against an average of -$6.9 million.
  • Across the five-year window, Interest Expenses jumped 99.9% in 2023 and slumped 102149.87% in 2024, its largest moves.
  • Year by year, Interest Expenses stood at -$8046.0 in 2022, then slumped by 89435.17% to -$7.2 million in 2023, then gained by 1.49% to -$7.1 million in 2024, then tumbled by 31.49% to -$9.3 million in 2025, then grew by 7.88% to -$8.6 million in 2026.
  • Per Business Quant, the three latest NAT Interest Expenses figures stand at -$8.6 million (Q1 2026), -$9.3 million (Q4 2025), and -$9.8 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 5.65 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -20.11 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 256.00 Mn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 891.09 Mn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 659.00 Mn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 626.02 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 947.00 Mn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 384.00 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 439.00 Mn
10 Nordic American Tankers 1.36 Bn 1.28 Bn 48.56 Mn -8.60 Mn

Historic Data

Download Data
DateValue
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 -7.73 Mn
Sep 30, 2024 -7.73 Mn
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