Nordic American Tankers (NAT) Times Interest Earned (2009 - 2026)
Nordic American Tankers' (NAT) Times Interest Earned was 9.72 for Q2 2026, compared with 0.82 a year earlier and up 53.1% from the prior quarter.
Nordic American Tankers (NAT) Times Interest Earned (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Nordic American Tankers' Times Interest Earned came in at 4.47, up 224.1% year-over-year; for FY2025, it came in at 1.30, down 48.5% from FY2024.
- By year, Times Interest Earned came in at 2.52 in FY2024 (-40.0%), 4.19 in FY2023 (+171.0%), 1.55 in FY2022 and -5.48 in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Times Interest Earned since Q1 2016.
- Year over year, Times Interest Earned gained in three of the last seven quarters, with growth averaging 23.8%.
- The high point for year-over-year Times Interest Earned in five years was Q1 2026 (growth of 330.8%); the low point was Q2 2025 (a decline of 78.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 6.35 (Q1 2026), 2.27 (Q4 2025) and 0.69 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 8.83 |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 7.14 |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | - |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | 3.42 |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 5.71 |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | - |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | - |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | 6,122.38 |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | 38.62 |
| 10 | Nordic American Tankers | 1.67 Bn | 1.34 Bn | - | 9.72 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.72 |
| Mar 31, 2026 | 6.35 |
| Dec 31, 2025 | 2.27 |
| Sep 30, 2025 | 0.69 |
| Jun 30, 2025 | 0.82 |
| Mar 31, 2025 | 1.47 |
| Dec 31, 2024 | 1.23 |
| Sep 30, 2024 | 2.10 |
| Jun 30, 2024 | 3.72 |
| Mar 31, 2024 | 2.86 |
| Dec 31, 2023 | 3.41 |
| Sep 30, 2023 | 1.91 |
| Jun 30, 2023 | 4.43 |
| Mar 31, 2023 | 6.81 |
| Dec 31, 2022 | 5.43 |
| Sep 30, 2022 | 2.36 |
| Jun 30, 2022 | 0.34 |
| Mar 31, 2022 | -3.44 |
| Dec 31, 2021 | -9.93 |
| Sep 30, 2021 | -5.97 |
Nordic American Tankers Times Interest Earned API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=times-interest-earned&ticker=NAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "ticker": "NAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=times-interest-earned&ticker=NAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();