Nordic American Tankers (NAT) Receivables - Net (2009 - 2026)
Nordic American Tankers' (NAT) quarterly Receivables - Net came in at $23.2 million in Q1 2026, up 38.19% year-on-year from $16.8 million in Q1 2025, and up 21.77% quarter-over-quarter from $19.0 million in Q4 2025.
Nordic American Tankers (NAT) Receivables - Net (2009 - 2026) Analysis & Trends
Nordic American Tankers' Receivables - Net history runs 18 years deep, the most recent figure standing at $23.2 million for Q1 2026.
- On a quarterly basis, Receivables - Net rose 38.19% year-over-year to $23.2 million in Q1 2026; TTM through Mar 2026 was $23.2 million, a 38.19% increase from a year earlier, with the FY2025 full-year figure at $19.0 million, up 17.29% from the prior year.
- Receivables - Net advanced to $23.2 million in Q1 2026 per NAT's latest filing, from $19.0 million in the prior quarter.
- Across five years, Receivables - Net topped out at $27.5 million in Q2 2023 and bottomed at $11.4 million in Q2 2022.
- The 5-year median for Receivables - Net is $21.2 million (2022), against an average of $20.7 million.
- Across the five-year window, Receivables - Net surged 218.4% in 2022 and tumbled 38.28% in 2024, its largest moves.
- Year by year, Receivables - Net stood at $20.5 million in 2022, then climbed by 28.29% to $26.3 million in 2023, then plunged by 38.28% to $16.2 million in 2024, then gained by 17.29% to $19.0 million in 2025, then climbed by 21.77% to $23.2 million in 2026.
- Per Business Quant, the three latest NAT Receivables - Net figures stand at $23.2 million (Q1 2026), $19.0 million (Q4 2025), and $16.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn |
| 10 | Nordic American Tankers | 1.36 Bn | 1.28 Bn | 48.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.18 Mn |
| Mar 31, 2026 | 23.18 Mn |
| Dec 31, 2025 | 19.04 Mn |
| Dec 31, 2025 | 19.04 Mn |
| Sep 30, 2025 | 16.06 Mn |
| Sep 30, 2025 | 16.06 Mn |
| Jun 30, 2025 | 14.50 Mn |
| Jun 30, 2025 | 14.50 Mn |
| Mar 31, 2025 | 16.78 Mn |
| Mar 31, 2025 | 16.78 Mn |
| Dec 31, 2024 | 16.23 Mn |
| Dec 31, 2024 | 16.23 Mn |
| Sep 30, 2024 | 20.12 Mn |
| Sep 30, 2024 | 20.12 Mn |
| Jun 30, 2024 | 22.81 Mn |
| Jun 30, 2024 | 22.81 Mn |
| Mar 31, 2024 | 22.32 Mn |
| Mar 31, 2024 | 22.32 Mn |
| Dec 31, 2023 | 26.30 Mn |
| Dec 31, 2023 | 26.30 Mn |