Nordic American Tankers (NAT) Operating Income (2009 - 2026)
Nordic American Tankers (NAT) posted Operating Income of $54.6 million for Q1 2026, up 158.08% on a QoQ basis from $21.2 million in Q4 2025, and up 403.25% year-on-year from $10.9 million in Q1 2025.
Nordic American Tankers (NAT) Operating Income (2009 - 2026) Analysis & Trends
Nordic American Tankers has disclosed Operating Income across 18 years of filings, most recently posting $54.6 million for Q1 2026.
- Operating Income for Q1 2026 came in at $54.6 million, up 403.25% year-over-year; the trailing twelve-month figure through Mar 2026 was $90.1 million (up 359.57% YoY), and the FY2025 annual result was $46.3 million, down 40.05% from the prior year.
- Operating Income came in at $54.6 million for Q1 2026 at Nordic American Tankers, up from $21.2 million in the prior quarter.
- Over the last five years, Operating Income for NAT reached as high as $14.5 billion in Q3 2023 and fell as low as -$20.9 million in Q1 2022.
- Median Operating Income over the past 5 years was $17.1 million (2022), compared with a mean of $868.0 million.
- Year-over-year, Operating Income sank 100.0% in 2024 and jumped 41824807.52% in 2025.
- Over 5 years, Operating Income stood at $43.7 million in 2022, then sank by 43.74% to $24.6 million in 2023, then tumbled by 64.41% to $8.8 million in 2024, then jumped by 141.7% to $21.2 million in 2025, then surged by 158.08% to $54.6 million in 2026.
- Per Business Quant, the three latest NAT Operating Income figures stand at $54.6 million (Q1 2026), $21.2 million (Q4 2025), and $6.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 2.35 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.44 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.90 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 2.98 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 846.90 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.21 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 1.43 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 361.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 1.15 Bn |
| 10 | Nordic American Tankers | - | - | 48.56 Mn | 54.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 54.61 Mn |
| Dec 31, 2025 | 21.16 Mn |
| Sep 30, 2025 | 6.78 Mn |
| Jun 30, 2025 | 7.55 Mn |
| Mar 31, 2025 | 10.85 Mn |
| Dec 31, 2024 | 8.76 Mn |
| Sep 30, 2024 | 16.22 Mn |
| Jun 30, 2024 | 29.27 Mn |
| Mar 31, 2024 | 23.06 Mn |
| Dec 31, 2023 | 24.60 Mn |
| Sep 30, 2023 | 14,468.00 |
| Jun 30, 2023 | 34.15 Mn |
| Mar 31, 2023 | 54.68 Mn |
| Dec 31, 2022 | 43.72 Mn |
| Sep 30, 2022 | 17.15 Mn |
| Jun 30, 2022 | 1.92 Mn |
| Mar 31, 2022 | -20.92 Mn |
| Dec 31, 2021 | -66.15 Mn |
| Sep 30, 2021 | -38.17 Mn |
| Jun 30, 2021 | -21.76 Mn |