Financials in USD. Standardized financial statements.
A compact view of how Nordic American Tankers Limited turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $292.42M | $349.74M | $391.69M | $339.34M | $195.76M | $354.62M | $317.22M | $289.02M | $297.14M | $357.45M |
| Revenue Growth? | -16.4% | -10.7% | +15.4% | +73.3% | -44.8% | +11.8% | +9.8% | -2.7% | -16.9% | 0.0% |
| Cost of Revenue? | $234.55M | $243.61M | $240.91M | $284.37M | $264.29M | $255.81M | $271.77M | $306.12M | $330.80M | $297.14M |
| Gross Profit? | $57.87M | $106.14M | $150.78M | $54.97M | -$68.53M | $98.81M | $45.45M | -$17.10M | -$33.66M | $60.31M |
| Gross Margin? | +19.8% | +30.3% | +38.5% | +16.2% | -35.0% | +27.9% | +14.3% | -5.9% | -11.3% | +16.9% |
| Operating Expenses? | $28.87M | $28.82M | $22.89M | $18.80M | $15.62M | $17.59M | $13.48M | $12.73M | $12.57M | $12.30M |
| Operating Income? | $28.99M | $77.31M | $127.89M | $36.18M | -$84.15M | $81.23M | $31.97M | -$29.83M | -$46.23M | $48.01M |
| EBITDA? | $86.73M | $133.52M | $180.73M | $92.60M | -$24.69M | $149.25M | $96.23M | $22.41M | -$74.67M | $144.44M |
| Income Before Tax | $12.27M | $46.63M | $98.83M | $15.12M | -$119.42M | $50.03M | -$10.28M | -$95.23M | -$204.89M | -$4.35M |
| Income Tax Expense | $0 | -$10,000 | $120,000 | $23,000 | $0 | $0 | $71,000 | $79,000 | $83,000 | $102,000 |
| Net Income? | $12.27M | $46.64M | $98.71M | $15.10M | -$119.42M | $50.03M | -$10.35M | -$95.31M | -$204.97M | -$4.46M |
| EPS? | $0.06 | $0.22 | $0.47 | $0.07 | $-0.74 | $0.34 | $-0.07 | $-0.67 | $-0.73 | $-0.05 |
| Diluted EPS? | $0.06 | $0.22 | $0.47 | $0.07 | $-0.74 | $0.34 | $-0.07 | $-0.67 | $-0.73 | $-0.05 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality