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
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 -7,726.00
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