NORDIC AMERICAN TANKERS Ltd (New York Stock Exchange:NAT)
Insiders here have filed 1 Form 4 in the last 90 days, but all of them are share awards, grants or other non-market transactions. Those are compensation, not a decision to buy, so they are not scored.
Keeps a healthy share of every dollar it sells.
- Revenue
- $372.1M
- Net income
- $123.5M
- Net margin
- 33.2%
A manageable debt load.
- Total debt
- $406.6M
- Cash
- $133.3M
- Net debt / EBITDA
- 1.51x
Comfortably covers what is due within a year.
- Current assets
- $224.1M
- Current liabilities
- $68.4M
- Current ratio
- 3.27
The business funds itself from operations.
- Operating cash flow
- $117.9M
- Free cash flow
- $117.1M
- FCF margin
- 31.5%
Not funding itself by issuing shares.
- Shares outstanding
- 211.8M
- Share growth (1y)
- 0.0%
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
NAT Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | 104.69 M | 106.46 M | 85.90 M | 75.00 M | 66.73 M | 64.79 M |
| Revenue Growth (YoY) | 56.89 % | 64.32 % | 15.41 % | -8.78 % | -31.78 % | -32.01 % |
| Cost of Revenue | 53.96 M | 58.83 M | 56.86 M | 61.18 M | 59.92 M | 56.59 M |
| Gross Profit | 50.73 M | 47.64 M | 29.04 M | 13.82 M | 6.81 M | 8.20 M |
| SG&A Expense | 9.57 M | 9.28 M | 8.61 M | 7.04 M | 6.38 M | 6.85 M |
| R&D Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 9.57 M | 9.28 M | 8.61 M | 7.04 M | 6.38 M | 6.85 M |
| Operating Income | 41.16 M | 38.36 M | 20.43 M | 6.78 M | 434.00 K | 1.35 M |
| Pretax Income | 68.33 M | 46.29 M | 11.66 M | -2.78 M | -852.00 K | 4.25 M |
| Tax Provision | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | 68.33 M | 46.29 M | 11.66 M | -2.78 M | -852.00 K | 4.25 M |
| EPS (Basic) | 0.32 | 0.22 | 0.06 | -0.01 | -0.00 | 0.02 |
| EPS (Diluted) | 0.32 | 0.22 | 0.06 | -0.01 | -0.00 | 0.02 |
| Shares Outstanding | 211.75 M | 211.75 M | 211.75 M | 211.75 M | 211.75 M | 211.75 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.