Nordic American Tankers (NAT) Operating Margin (2009 - 2026)
Nordic American Tankers (NAT) posted Operating Margin of 97.21% for Q2 2026, up 37.98% on a QoQ basis from 70.46% in Q1 2026, and up 7841.0% year-over-year from 1.22% in Q2 2025.
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Nordic American Tankers (NAT) Operating Margin (2009 - 2026) Analysis & Trends
Nordic American Tankers has reported Operating Margin for 18 years, with the latest figure at 97.21% in Q2 2026.
- On a quarterly basis, Operating Margin rose 7841.0% year-over-year to 97.21% in Q2 2026; TTM through Jun 2026 was 32.26%, a 768.0% increase from a year earlier, with the FY2025 full-year figure at 25.39%, up 328.0% from the prior year.
- Operating Margin was 97.21% for Q2 2026 at Nordic American Tankers, up from 70.46% in the prior quarter.
- The five-year high for Operating Margin was 97.21% in Q2 2026, with the low at 134.77% in Q1 2022.
- Average Operating Margin over 5 years is 27.56%, with a median of 29.89% recorded in 2024.
- The largest YoY upside for Operating Margin was 44606 bps in 2022 against a maximum downside of 9647 bps in 2022.
- Over 5 years, Operating Margin stood at 61.5% in 2022, then tumbled by 57 bps to 26.54% in 2023, then declined by 29 bps to 18.87% in 2024, then slumped by 62 bps to 7.24% in 2025, then soared by 1243 bps to 97.21% in 2026.
- The last three Operating Margin figures came in at 97.21% (Q2 2026), 70.46% (Q1 2026), and 7.24% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 71.19% |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 13.27% |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 16.39% |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 64.49% |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 34.33% |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | 71.23% |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 97.45% |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 43.38% |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 53.58% |
| 10 | Nordic American Tankers | 1.53 Bn | 1.40 Bn | 53.91 Mn | 97.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 97.21% |
| Mar 31, 2026 | 70.46% |
| Dec 31, 2025 | 7.24% |
| Sep 30, 2025 | 14.85% |
| Jun 30, 2025 | 18.81% |
| Mar 31, 2025 | 28.60% |
| Dec 31, 2024 | 18.87% |
| Sep 30, 2024 | 31.17% |
| Jun 30, 2024 | 44.29% |
| Mar 31, 2024 | 38.08% |
| Dec 31, 2023 | 26.54% |
| Sep 30, 2023 | 18.44% |
| Jun 30, 2023 | 50.37% |
| Mar 31, 2023 | 62.78% |
| Dec 31, 2022 | 61.50% |
| Sep 30, 2022 | 36.18% |
| Jun 30, 2022 | 5.51% |
| Mar 31, 2022 | -134.77% |
| Dec 31, 2021 | -292.38% |
| Sep 30, 2021 | -409.88% |