Nordic American Tankers (NAT) Net Income (2009 - 2026)

Nordic American Tankers (NAT) recorded quarterly Net Income of $63.6 million in Q1 2026, up 108.69% quarter-over-quarter from $30.5 million in Q4 2025, and up 240.3% on a YoY basis from $18.7 million in Q1 2025.

Nordic American Tankers (NAT) Net Income (2009 - 2026) Analysis & Trends

Nordic American Tankers' Net Income history runs 18 years deep, the most recent figure standing at $63.6 million for Q1 2026.

  • In Q1 2026, Net Income rose 240.3% year-over-year to $63.6 million; the TTM figure through Mar 2026 stood at $128.3 million (up 76.45% YoY), while the FY2025 annual figure was $12.3 million, down 73.69% from the prior year.
  • Net Income was $63.6 million for Q1 2026 at Nordic American Tankers, up from $30.5 million in the prior quarter.
  • In the past five years, Net Income ranged from a high of $14.5 billion in Q3 2023 to a low of -$14.8 million in Q1 2022.
  • Historically, Net Income has averaged $876.4 million across 5 years, with a median of $30.5 million in 2025.
  • The sharpest annual moves came in 2023 and 2024: Net Income surged 58861.65% in 2023, then plunged 100.0% in 2024.
  • A 5-year view of Net Income shows it stood at $43.7 million in 2022, then decreased by 27.27% to $31.8 million in 2023, then sank by 50.16% to $15.9 million in 2024, then soared by 92.36% to $30.5 million in 2025, then soared by 108.69% to $63.6 million in 2026.
  • The last three Net Income figures came in at $63.6 million (Q1 2026), $30.5 million (Q4 2025), and $17.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 1.30 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 1.50 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 1.00 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 1.98 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 239.84 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 922.00 Mn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 487.40 Mn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 776.00 Mn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 15.06 Mn
10 Nordic American Tankers 1,174.80 -81.12 Mn - 63.64 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 63.64 Mn
Dec 31, 2025 30.49 Mn
Sep 30, 2025 17.00 Mn
Jun 30, 2025 17.19 Mn
Mar 31, 2025 18.70 Mn
Dec 31, 2024 15.85 Mn
Sep 30, 2024 607,742.22
Jun 30, 2024 37.57 Mn
Mar 31, 2024 31.30 Mn
Dec 31, 2023 31.80 Mn
Sep 30, 2023 14.47 Bn
Jun 30, 2023 42.51 Mn
Mar 31, 2023 63.01 Mn
Dec 31, 2022 43.73 Mn
Sep 30, 2022 24.54 Mn
Jun 30, 2022 7.55 Mn
Mar 31, 2022 -14.84 Mn
Dec 31, 2021 -59.49 Mn
Sep 30, 2021 -38,171.99 Bn
Jun 30, 2021 -33.50 Mn