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

Nordic American Tankers (NAT) recorded quarterly Tax Rate of 1.27% in Q4 2018, down 2197.68% quarter-over-quarter from 0.06% in Q4 2017, and down 121.0% on a YoY basis from 6.04% 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 0.14% (up 14.0% YoY), while the FY2025 annual figure was 0.39%, up 41.0% from the prior year.
  • Tax Rate was 1.27% for Q4 2018 at Nordic American Tankers, down from 0.06% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 8.72% in Q4 2016 to a low of 1.27% in Q4 2018.
  • Historically, Tax Rate has averaged 2.46% across 3 years, with a median of 0.06% in 2017.
  • The sharpest annual moves came in 2017 and 2018: Tax Rate slumped 877 bps in 2017, then plunged 121 bps in 2018.
  • A 3-year view of Tax Rate shows it stood at 8.72% in 2016, then tumbled by 101 bps to 0.06% in 2017, then sank by 2198 bps to 1.27% in 2018.
  • The last three Tax Rate figures came in at 1.27% (Q4 2018), 0.06% (Q4 2017), and 8.72% (Q4 2016), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Enbridge 88.15 Bn 88.85 Bn 6.70 Bn 24.82%
2 Enterprise Products Partners 81.41 Bn 80.26 Bn - 1.45%
3 Kinder Morgan 69.70 Bn 70.78 Bn 3.08 Bn 22.28%
4 Energy Transfer 66.51 Bn 65.79 Bn 6.62 Bn 6.40%
5 Scorpio Tankers 59.31 Bn 58.33 Bn - -
6 Mplx 57.21 Bn 55.70 Bn 2.54 Bn 0.11%
7 Targa Resources 56.78 Bn 56.82 Bn 1.70 Bn 20.27%
8 Oneok 55.57 Bn 55.44 Bn 2.57 Bn 24.00%
9 Tc Energy 50.90 Bn 52.09 Bn 2.95 Bn 10.04%
10 Nordic American Tankers 1,170.40 -81.12 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2018 -1.27%
Dec 31, 2018 -1.27%
Dec 31, 2017 -0.06%
Dec 31, 2017 -0.06%
Dec 31, 2016 8.72%
Dec 31, 2016 8.72%
Dec 31, 2013 -1.15%
Dec 31, 2013 -1.15%
Sep 30, 2013 72.13%
Sep 30, 2013 72.13%