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

Nordic American Tankers' (NAT) quarterly Operating Income came in at $54.6 million in Q1 2026, up 403.25% year-on-year from $10.9 million in Q1 2025, and up 158.08% quarter-over-quarter from $21.2 million in Q4 2025.

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

Nordic American Tankers' Operating Income history runs 18 years deep, the most recent figure standing at $54.6 million for Q1 2026.

  • On a quarterly basis, Operating Income rose 403.25% year-over-year to $54.6 million in Q1 2026; TTM through Mar 2026 was $90.1 million, a 38.41% increase from a year earlier, with the FY2025 full-year figure at $46.3 million, down 40.05% from the prior year.
  • Operating Income improved to $54.6 million in Q1 2026 per NAT's latest filing, from $21.2 million in the prior quarter.
  • Across five years, Operating Income topped out at $14.5 billion in Q3 2023 and bottomed at -$20.9 million in Q1 2022.
  • The 5-year median for Operating Income is $21.2 million (2025), against an average of $870.7 million.
  • Across the five-year window, Operating Income jumped 84286.12% in 2023 and plunged 99.89% in 2024, its largest moves.
  • Year by year, 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 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 167.66 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 83.60 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 1.35 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 2.35 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 1.90 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 441.01 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 2.98 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 846.90 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 1.43 Bn
10 Nordic American Tankers 1.36 Bn 1.28 Bn 48.56 Mn 54.61 Mn

Historic Data

Download Data
DateValue
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 14.47 Bn
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 -40.14 Mn