YOLFTbeta
Nordic American Tankers Limited

Nordic American Tankers Limited

NAT · NYSE · Energy / Oil & Gas Midstream

6.72USD+0.00 (0.00%)

Price History

Full chart

Market Stats

Previous Close6.72
Open6.81
Day Range6.62 – 6.85
52-Week Range2.68 – 8.33
Volume2.80M
Market Cap1.63B
P/E (TTM)13.31
Forward P/E13.97
EPS0.58
Dividend Yield13.99%
Beta-0.52
50-Day Avg6.88
200-Day Avg5.51

About

Nordic American Tankers Limited, a tanker company, owns, operates, and charters double-hull tankers in Bermuda and internationally. As of December 31, 2025, the company fleet consisted of 20 Suezmax crude oil tankers. It serves oil companies, oil traders, and other entities requiring crude oil transportation services. The company was formerly known as Nordic American Tanker Shipping Limited and changed its name to American Tankers Limited in June, 2011. The company was incorporated in 1995 and is based in Hamilton, Bermuda.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Midstream
  • CEOMr. Herbjorn Hansson
  • Employees18
  • HeadquartersPar La Ville Place, Hamilton, Bermuda, HM 08, USA
  • Websitehttps://www.nat.bm

Leadership

  • Mr. Herbjorn HanssonFounder, Chairman, President & CEO · b. 1948
  • Mr. Bjorn GiaeverExecutive VP, CFO & Secretary · b. 1967
  • Erik TomstadExecutive Vice President of Chartering

Financials

Income Statement

Currency: USD1997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue5.27M16.01M14.78M36.58M28.36M18.06M37.37M67.45M117.11M175.52M186.99M228.00M124.37M126.42M94.79M130.68M243.66M351.05M445.74M357.45M297.14M289.02M317.22M354.62M195.76M339.34M391.69M349.74M292.42M
Growth (%)-+203.96%-7.65%+147.44%-22.47%-36.32%+106.95%+80.49%+73.62%+49.88%+6.53%+21.93%-45.45%+1.65%-25.02%+37.87%+86.45%+44.08%+26.97%-19.81%-16.87%-2.73%+9.76%+11.79%-44.80%+73.35%+15.43%-10.71%-16.39%
Cost of Revenue---559.00K539.00K612.00K653.00K13.82M59.73M90.53M121.61M93.93M107.13M109.66M134.41M171.85M312.71M342.46M307.86M297.14M330.80M306.12M271.77M255.81M264.29M284.37M240.91M243.61M234.55M
Gross Profit5.27M16.01M14.78M36.58M28.36M18.06M37.37M53.63M57.38M84.99M65.38M134.07M17.24M16.76M-39.62M-41.17M-69.05M8.59M137.88M60.31M-33.66M-17.10M45.45M98.81M-68.53M54.97M150.78M106.14M57.87M
Gross Margin100.00%100.00%100.00%100.00%100.00%100.00%100.00%79.51%49.00%48.42%34.96%58.80%13.86%13.26%-41.80%-31.51%-28.34%2.45%30.93%16.87%-11.33%-5.92%14.33%27.86%-35.01%16.20%38.50%30.35%19.79%
Operating Expense2.22M7.43M7.43M7.39M7.37M7.44M7.48M10.85M8.49M12.75M12.13M12.78M14.82M15.98M15.39M14.70M12.76M14.86M9.79M12.30M12.57M12.73M13.48M17.59M15.62M18.80M22.89M28.82M28.87M
Operating Income3.05M8.58M7.36M29.19M20.99M10.62M29.89M42.78M48.89M72.24M53.24M121.29M2.42M778.00K-55.01M-55.87M-81.81M-6.28M128.09M48.01M-46.23M-29.83M31.97M81.23M-84.15M36.18M127.89M77.31M28.99M
Operating Margin57.91%53.59%49.76%79.80%74.01%58.78%79.97%63.42%41.74%41.16%28.48%53.20%1.94%0.62%-58.04%-42.75%-33.58%-1.79%28.74%13.43%-15.56%-10.32%10.08%22.91%-42.99%10.66%32.65%22.11%9.92%
EBITDA4.76M15.41M14.19M37.54M27.82M17.45M36.72M49.95M68.02M103.50M96.77M170.52M57.84M63.71M-5.54M1.88M-19.48M79.22M210.82M144.44M-74.67M22.41M96.23M149.25M-24.69M92.60M180.73M133.52M105.76M
EBITDA Margin90.34%96.27%95.97%102.62%98.10%96.61%98.25%74.06%58.08%58.97%51.75%74.79%46.51%50.39%-5.85%1.44%-7.99%22.57%47.30%40.41%-25.13%7.75%30.34%42.09%-12.61%27.29%46.14%38.18%36.17%
Net Income3.20M8.63M5.77M27.67M19.39M8.85M28.10M40.82M46.32M67.39M44.21M118.84M1.01M-809.00K-72.30M-73.19M-105.42M-13.17M114.63M-4.46M-204.97M-95.31M-10.35M50.03M-119.42M15.10M98.71M46.64M12.27M
Net Income Margin60.70%53.91%39.06%75.65%68.36%48.99%75.19%60.51%39.55%38.40%23.64%52.12%0.81%-0.64%-76.27%-56.01%-43.26%-3.75%25.72%-1.25%-68.98%-32.98%-3.26%14.11%-61.01%4.45%25.20%13.34%4.20%
Interest Expense001.58M1.52M1.60M1.77M1.79M2.11M3.45M6.45M9.68M3.39M1.79M1.97M2.13M5.85M11.52M13.37M11.02M11.27M21.11M49.28M42.55M31.39M26.38M27.05M30.50M30.74M35.75M
Interest Expense % of Total Revenue0.00%0.00%10.69%4.15%5.66%9.79%4.78%3.12%2.95%3.68%5.18%1.49%1.44%1.56%2.25%4.48%4.73%3.81%2.47%3.15%7.10%17.05%13.41%8.85%13.47%7.97%7.79%8.79%12.23%

Balance Sheet

Currency: USD1997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets170.68M166.05M158.06M160.84M142.66M138.58M136.90M224.20M505.84M800.18M804.63M813.88M946.58M1.08B1.13B1.09B1.14B1.17B1.24B1.35B1.27B1.07B1.03B974.35M851.15M880.74M879.20M817.59M902.16M
Total Liabilities1.18M30.72M30.08M30.04M30.82M32.23M31.19M2.34M134.97M188.23M132.52M25.29M12.49M90.13M257.82M276.24M281.45M286.95M360.89M478.86M430.00M469.08M435.48M375.22M352.93M340.75M340.89M308.77M456.64M
Total Equity169.50M135.33M127.98M130.80M111.84M106.35M105.71M221.87M370.87M611.95M672.11M788.59M934.08M992.96M867.56M809.38M854.98M882.08M880.72M871.05M840.52M602.03M595.42M599.13M498.22M539.98M538.30M508.81M445.52M
Cash19.50K3.64M2.51M1.92M630.87K277.78K565.92K30.73M14.24M11.73M13.34M31.38M30.50M17.22M24.01M55.51M65.67M100.74M29.89M82.17M58.36M49.33M48.85M57.85M34.74M59.58M31.08M39.18M45.86M
Total Debt-30.04M30.00M30.00M30.00M30.00M30.00M-130.00M173.50M105.50M15.00M-75.00M230.00M250.00M250.00M250.00M330.00M442.82M388.86M436.53M399.83M356.71M320.96M306.04M301.60M269.70M424.14M
Net Debt-19.50K26.41M27.49M28.08M29.37M29.72M29.43M-30.73M115.76M161.77M92.16M-16.38M-30.50M57.78M205.99M194.49M184.32M149.26M300.11M360.65M330.50M387.20M350.99M298.86M286.22M246.45M270.52M230.53M378.28M

Cash Flow

Currency: USD1997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow56.57K12.78M11.99M24.26M36.27M12.75M29.89M62.82M51.06M106.61M83.65M127.90M44.77M50.97M-12.16M-6.71M-47.27M57.48M174.39M127.79M31.74M-16.10M52.86M110.94M-44.46M24.13M139.44M128.16M19.82M
Investing Cash Flow-119.55M-------66.14M-294.16M-317.80M-26.42M-10.05M-171.91M-196.03M-81.78M6.13M-73.25M-81.69M-197.42M-186.81M-46.53M85.05M-2.32M-17.48M-3.46M-14.34M-73.67M-2.62M-87.70M
Financing Cash Flow119.43M-12.77M-13.12M-24.85M-37.56M-13.10M-29.61M33.49M226.61M208.68M-55.61M-99.81M126.25M131.78M100.73M32.09M130.85M59.36M-47.71M111.29M-18.96M-78.03M-38.25M-93.08M30.51M9.01M-95.67M-115.05M68.99M
Capital Expenditure000000066.14M294.16M317.80M8.42M10.05M171.91M196.03M91.54M2.75M8.85M74.05M187.37M138.36M37.57M4.87M2.53M18.08M17.73M95.42M73.67M2.62M136.45M
Free Cash Flow56.57K12.78M11.99M24.26M36.27M12.75M29.89M-3.32M-243.11M-211.19M75.22M117.85M-127.14M-145.06M-103.70M-9.45M-56.11M-16.57M-12.98M-10.58M-5.83M-20.97M50.33M92.87M-62.19M-71.28M65.78M125.54M-116.61M
Dividends Paid4.73M15.71M13.10M24.85M37.56M13.10M29.61M47.20M64.28M122.59M107.35M165.89M95.43M79.73M54.27M63.50M41.76M54.07M123.07M125.65M54.23M9.94M14.26M67.24M9.70M22.68M89.78M87.69M84.70M
FCF to OCF100.00%100.00%100.00%100.00%100.00%100.00%100.00%-5.29%-476.16%-198.09%89.93%92.14%-283.97%-284.61%852.58%140.93%118.72%-28.83%-7.44%-8.28%-18.35%130.24%95.21%83.71%139.87%-295.36%47.17%97.96%-588.24%
Dividend Paid to FCF8353.14%122.96%109.28%102.41%103.56%102.77%99.04%-1421.55%-26.44%-58.05%142.70%140.76%-75.06%-54.96%-52.34%-671.88%-74.42%-326.23%-948.09%-1187.84%-930.76%-47.38%28.32%72.41%-15.60%-31.82%136.50%69.86%-72.63%

Earnings

Report DateOct 4, 2000Jan 10, 2001Apr 10, 2001Jul 11, 2001Oct 16, 2001Feb 23, 2002Jul 17, 2002Oct 16, 2002Feb 23, 2003Oct 14, 2004Jan 26, 2005Apr 29, 2005Aug 2, 2005Oct 10, 2005Feb 7, 2006May 2, 2006Jul 27, 2006Nov 3, 2006Feb 14, 2007May 14, 2007Aug 9, 2007Nov 5, 2007Feb 12, 2008May 5, 2008Aug 8, 2008Nov 7, 2008Feb 13, 2009May 5, 2009Aug 7, 2009Nov 9, 2009Feb 12, 2010May 10, 2010Aug 6, 2010Nov 8, 2010Feb 14, 2011May 9, 2011Aug 8, 2011Nov 7, 2011Feb 13, 2012May 7, 2012Aug 7, 2012Nov 15, 2012Feb 11, 2013May 13, 2013Aug 12, 2013Nov 11, 2013Feb 10, 2014May 12, 2014Aug 11, 2014Nov 10, 2014Feb 9, 2015May 11, 2015Aug 10, 2015Nov 11, 2015Feb 8, 2016May 9, 2016Aug 8, 2016Nov 10, 2016Feb 6, 2017May 8, 2017Aug 7, 2017Nov 2, 2017Feb 12, 2018May 16, 2018Aug 14, 2018Nov 12, 2018Feb 18, 2019May 13, 2019Aug 16, 2019Nov 24, 2019Feb 18, 2020May 17, 2020Aug 17, 2020Nov 16, 2020Feb 26, 2021May 25, 2021Aug 30, 2021Nov 24, 2021Feb 25, 2022May 31, 2022Aug 30, 2022Dec 2, 2022Feb 27, 2023May 21, 2023Aug 27, 2023Nov 28, 2023Feb 28, 2024May 29, 2024Aug 29, 2024Nov 29, 2024Feb 27, 2025May 28, 2025Aug 28, 2025Nov 27, 2025Feb 26, 2026May 28, 2026Aug 27, 2026
EPS Estimate0.480.900.970.510.330.170.140.150.150.801.190.700.620.431.451.180.530.980.640.830.660.130.310.881.311.220.530.430.06-0.15-0.040.250.30-0.05-0.05-0.18-0.20-0.31-0.36-0.09-0.23-0.32-0.38-0.26-0.31-0.27-0.260.16-0.18-0.080.080.290.330.260.450.330.14-0.15-0.040.02-0.13-0.24-0.18-0.19-0.14-0.12-0.09-0.01-0.13-0.080.200.260.28-0.04-0.16-0.18-0.17-0.17-0.12-0.11-0.030.040.200.200.140.050.130.110.080.060.04-0.010.050.030.090.160.23
EPS Actual0.480.900.970.520.340.170.140.150.471.051.730.790.570.281.511.170.680.970.610.850.78-0.040.220.781.101.240.500.46-0.00-0.28-0.100.210.22-0.12-0.24-0.15-0.21-0.46-0.37-0.18-0.15-0.44-0.39-0.43-0.48-0.29-0.310.05-0.190.010.010.340.350.290.340.330.15-0.08-0.02-0.03-0.16-0.34-0.20-0.13-0.16-0.17-0.050.04-0.11-0.100.090.270.33-0.07-0.19-0.16-0.18-0.22-0.12-0.14-0.020.050.150.220.130.040.080.070.100.040.01-0.02-0.04-0.010.060.170.24
Surprise0.00%0.00%0.00%1.96%3.03%0.00%0.00%0.00%213.33%31.25%45.38%12.86%-8.06%-34.88%4.14%-0.85%28.30%-1.02%-4.69%2.41%18.18%-130.77%-29.03%-11.36%-16.03%1.64%-5.66%6.98%-105.67%-86.67%-150.00%-16.00%-26.67%-140.00%-380.00%16.67%-5.00%-48.39%-2.78%-100.00%34.78%-37.50%-2.63%-65.38%-54.84%-7.41%-19.23%-68.75%-5.56%112.50%-87.50%17.24%6.06%11.54%-24.44%0.00%7.14%46.67%50.00%-250.00%-23.08%-41.67%-11.11%31.58%-14.29%-41.67%44.44%500.00%15.38%-25.00%-55.00%3.85%17.86%-75.00%-18.75%11.11%-5.88%-29.41%0.00%-27.27%33.33%25.00%-25.00%10.00%-7.14%-20.00%-38.46%-36.36%25.00%-33.33%-75.00%-100.00%-180.00%-133.33%-33.33%6.25%4.35%
Timing---------Pre-marketPre-marketAfter-hoursAfter-hours-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketAfter-hours

Key Statistics & Ratios

Market Cap1.63B
Enterprise Value1.89B
Trailing P/E13.31
Forward P/E13.97
PEG Ratio1.21
Price / Sales4.40
Price / Book3.38
EPS0.58
Book Value2.26
Revenue (TTM)371.14M
Gross Profit (TTM)197.58M
EBITDA163.82M
Profit Margin33.28%
Operating Margin51.91%
Return on Equity25.66%
Return on Assets7.17%
Shares Outstanding211.75M
Shares Float200.00M
Beta-0.52
Dividend Yield13.99%
Dividend Rate1.08
Payout Ratio1.72%

Analyst Ratings

Buy
Based on 3 analystsTarget 6.50
  • Strong Buy
    1
  • Hold
    2

Ownership Breakdown

Institutions
56.73%
Insiders
5.48%
Retail / Other
37.79%

Top Institutional Holders

  • Dimensional Fund Advisors, Inc.
    12.15M5.74%
  • BlackRock Inc
    12.02M5.68%
  • Ameriprise Financial Inc
    8.26M3.90%
  • Morgan Stanley - Brokerage Accounts
    6.18M2.92%
  • CastleKnight Management LP
    5.26M2.49%
  • Nuveen, LLC
    4.98M2.35%
  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
    4.58M2.16%
  • The Goldman Sachs Group Inc
    4.58M2.16%
  • State Street Corp
    4.26M2.01%
  • Geode Capital Management, LLC
    2.55M1.20%
  • Two Sigma Investments LLC
    2.25M1.06%
  • Tudor Investment Corp Et AL
    1.83M0.87%

Top Fund Holders

  • CT (Lux) American Smaller Com 9U USD
    5.87M2.77%
  • iShares Russell 2000 ETF
    5.28M2.49%
  • CT American Smaller Coms(US) InstAccGBP
    3.49M1.65%
  • DFA US Small Cap Value I
    2.86M1.35%
  • Global X SuperDividend™ ETF
    2.70M1.28%
  • Fidelity Small Cap Index
    2.25M1.06%
  • Global X SuperDividend ETF USD Cap
    2.18M1.03%
  • iShares Russell 2000 Value ETF
    1.91M0.90%

Dividends

20263×
0.27Sep 10, 20260.22Jun 10, 20260.17Mar 10, 2026
20254×
0.13Dec 8, 20250.10Sep 12, 20250.07Jun 12, 20250.06Mar 10, 2025
20244×
0.04Dec 17, 20240.12Sep 26, 20240.12Jun 28, 20240.12Mar 19, 2024
20234×
0.06Dec 19, 20230.13Sep 13, 20230.15Jun 14, 20230.15Mar 13, 2023
20224×
0.05Dec 5, 20220.03Sep 14, 20220.02Jun 13, 20220.01Mar 10, 2022
20214×
0.01Dec 6, 20210.01Sep 23, 20210.02Jun 3, 20210.02Mar 11, 2021
20201×
0.04Dec 1, 2020

Stock Splits

  • Aug 10, 20171008:1000
  • Jul 23, 20141014:1000