Nordic American Tankers (NAT) Inventory Average (2013 - 2026)
Nordic American Tankers' (NAT) quarterly Inventory Average came in at $17.9 million in Q1 2026, down 16.05% year-on-year from $21.4 million in Q1 2025, and down 12.42% quarter-over-quarter from $20.5 million in Q4 2025.
Nordic American Tankers (NAT) Inventory Average (2013 - 2026) Analysis & Trends
Nordic American Tankers' Inventory Average history runs 14 years deep, the most recent figure standing at $17.9 million for Q1 2026.
- On a quarterly basis, Inventory Average fell 16.05% year-over-year to $17.9 million in Q1 2026; TTM through Mar 2026 was $17.9 million, a 16.05% decrease from a year earlier, with the FY2025 full-year figure at $20.9 million, down 21.19% from the prior year.
- Inventory Average retreated to $17.9 million in Q1 2026 per NAT's latest filing, from $20.5 million in the prior quarter.
- Across five years, Inventory Average topped out at $30.6 million in Q3 2022 and bottomed at $17.9 million in Q1 2026.
- The 5-year median for Inventory Average is $24.0 million (2024), against an average of $23.7 million.
- Across the five-year window, Inventory Average soared 69.71% in 2022 and dropped 25.7% in 2023, its largest moves.
- Year by year, Inventory Average stood at $26.3 million in 2022, then grew by 1.64% to $26.7 million in 2023, then slipped by 13.79% to $23.0 million in 2024, then declined by 11.03% to $20.5 million in 2025, then slipped by 12.42% to $17.9 million in 2026.
- Per Business Quant, the three latest NAT Inventory Average figures stand at $17.9 million (Q1 2026), $20.5 million (Q4 2025), and $20.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 27.46 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 7.66 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 579.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 1.25 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 4.56 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 584.48 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 4.71 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 381.85 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 1.04 Bn |
| 10 | Nordic American Tankers | 1.36 Bn | 1.28 Bn | 48.56 Mn | 17.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.93 Mn |
| Dec 31, 2025 | 20.47 Mn |
| Sep 30, 2025 | 20.05 Mn |
| Jun 30, 2025 | 19.93 Mn |
| Mar 31, 2025 | 21.36 Mn |
| Dec 31, 2024 | 23.01 Mn |
| Sep 30, 2024 | 24.00 Mn |
| Jun 30, 2024 | 24.46 Mn |
| Mar 31, 2024 | 28.09 Mn |
| Dec 31, 2023 | 26.69 Mn |
| Sep 30, 2023 | 22.71 Mn |
| Jun 30, 2023 | 24.46 Mn |
| Mar 31, 2023 | 25.56 Mn |
| Dec 31, 2022 | 26.26 Mn |
| Sep 30, 2022 | 30.57 Mn |
| Dec 31, 2021 | 18.81 Mn |
| Sep 30, 2021 | 18.01 Mn |
| Jun 30, 2021 | 21.53 Mn |
| Mar 31, 2021 | 21.60 Mn |
| Dec 31, 2020 | 18.52 Mn |