Nordic American Tankers (NAT) Operating Income (2009 - 2026)
Nordic American Tankers (NAT) posted Operating Income of $77.1 million for Q2 2026, up 41.16% on a QoQ basis from $54.6 million in Q1 2026, and up 920.94% year-over-year from $7.6 million in Q2 2025.
Analysis
Nordic American Tankers (NAT) Operating Income (2009 - 2026) Analysis & Trends
Nordic American Tankers has reported Operating Income for 18 years, with the latest figure at $77.1 million in Q2 2026.
- On a quarterly basis, Operating Income rose 920.94% year-over-year to $77.1 million in Q2 2026; TTM through Jun 2026 was $159.6 million, a 268.04% increase from a year earlier, with the FY2025 full-year figure at $46.3 million, down 40.05% from the prior year.
- Operating Income was $77.1 million for Q2 2026 at Nordic American Tankers, up from $54.6 million in the prior quarter.
- The five-year high for Operating Income was $77.1 million in Q2 2026, with the low at -$20.9 million in Q1 2022.
- Average Operating Income over 5 years is $23.6 million, with a median of $19.2 million recorded in 2022.
- The sharpest annual moves came in 2023 and 2025: Operating Income jumped 1682.15% in 2023, then slumped 74.21% in 2025.
- Over 5 years, Operating Income stood at $43.7 million in 2022, then slumped by 43.74% to $24.6 million in 2023, then plunged by 64.41% to $8.8 million in 2024, then surged by 141.7% to $21.2 million in 2025, then surged by 264.31% to $77.1 million in 2026.
- The last three Operating Income figures came in at $77.1 million (Q2 2026), $54.6 million (Q1 2026), and $21.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 671.50 Mn |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 122.36 Mn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 158.90 Mn |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 301.35 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 280.02 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | 871.57 Mn |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 398.33 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 155.03 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 355.10 Mn |
| 10 | Nordic American Tankers | 1.53 Bn | 1.40 Bn | 53.91 Mn | 77.09 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 77.09 Mn |
| 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 Mn |
| 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 |