Nordic American Tankers (NAT) Tax Rate (2013 - 2018)

Nordic American Tankers (NAT) posted quarterly Tax Rate of 1.27% for Q4 2018, down 121.0% year-over-year from 6.04% in Q4 2017, and down 2197.68% quarter-over-quarter from 0.06% in Q4 2017.

Nordic American Tankers (NAT) Tax Rate (2013 - 2018) Analysis & Trends

Nordic American Tankers' Tax Rate history runs 4 years deep, the most recent figure standing at 1.27% for Q4 2018.

  • In Q4 2018, Tax Rate fell 121.0% year-over-year to 1.27%; the TTM figure through Dec 2018 stood at 0.0% (up 19.0% YoY), while the FY2025 annual figure was 0.39%, up 41.0% from the prior year.
  • Tax Rate for Q4 2018 stood at 1.27%, down from 0.06% in the prior quarter.
  • The five-year high for Tax Rate was 8.72% in Q4 2016, with the low at 1.27% in Q4 2018.
  • The 3-year median for Tax Rate is 0.06% (2017), against an average of 2.46%.
  • The sharpest annual moves came in 2017 and 2018: Tax Rate sank 877 bps in 2017, then tumbled 121 bps in 2018.
  • Nordic American Tankers' Tax Rate stood at 8.72% in 2016, then slumped by 101 bps to 0.06% in 2017, then plunged by 2198 bps to 1.27% in 2018.
  • Business Quant data shows NAT's Tax Rate at 1.27% in Q4 2018, 0.06% in Q4 2017, and 8.72% in Q4 2016.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn 23.33%
2 Enbridge 110.89 Bn 109.40 Bn 5.23 Bn 21.97%
3 Enterprise Products Partners 83.45 Bn 82.54 Bn - 0.64%
4 Energy Transfer 72.67 Bn 71.64 Bn 7.40 Bn 7.12%
5 Tc Energy 65.89 Bn 58.33 Bn 1.24 Bn 5.85%
6 Oneok 60.12 Bn 59.96 Bn 2.81 Bn 23.62%
7 Mplx 59.97 Bn 58.94 Bn 2.73 Bn 0.18%
8 Targa Resources 59.56 Bn 59.43 Bn 2.14 Bn 22.61%
9 Cheniere Energy 56.12 Bn 54.86 Bn 5.29 Bn 9.13%
10 Nordic American Tankers 1.44 Bn 1.36 Bn 48.56 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2018 -1.27%
Dec 31, 2018 -1.27%
Dec 31, 2018 -1.27%
Dec 31, 2017 -0.06%
Dec 31, 2017 -0.06%
Dec 31, 2017 -0.06%
Dec 31, 2016 8.72%
Dec 31, 2016 8.72%
Dec 31, 2016 8.72%
Dec 31, 2013 -1.85%
Dec 31, 2013 -1.85%
Dec 31, 2013 -1.85%
Sep 30, 2013 0.06%
Sep 30, 2013 0.06%
Sep 30, 2013 0.06%