Nordic American Tankers (NAT) reported $292M in revenue for fiscal 2025, −16.6% year on year. That ranks #2493 by revenue among 2853 SEC filers and #443 in Industrials. Net income was $12.3M, a net margin of 4.2%. Revenue has declined 2.2% a year on average since 2016 ($357M then). The fiscal 2025 balance sheet shows $902M in total assets, $45.9M in cash and $389M in long-term debt.

Key figures

$357M2016$297M2017$289M2018$317M2019$355M2020$191M2021$339M2022$392M2023$350M2024$292M2025
Nordic American Tankers — Key figures
Key figuresFY2025YoYSource
RevenueRevenueFromContractWithCustomerExcludingAssessedTax$292M−16.6%FY20252025-12-31
Gross profitNot reported—
Operating incomeOperatingIncomeLoss$46.3M−40.1%FY20252025-12-31
Net incomeNetIncomeLoss$12.3M−73.7%FY20252025-12-31
Operating cash flowNetCashProvidedByUsedInOperatingActivities$19.8M−84.5%FY20252025-12-31
Capital expenditureNot reported—
Total assetsAssets$902M+10.3%FY20252025-12-31
Shareholders' equityStockholdersEquity$446M−12.4%FY20252025-12-31
CashCashAndCashEquivalentsAtCarryingValue$45.9M+17.1%FY20252025-12-31
Long-term debtLongTermDebtNoncurrent$389M+56.7%FY20252025-12-31

Revenue is total net sales for the fiscal year, taken from each company's own annual filing.

Profile

Legal name
Nordic American Tankers Ltd
Ticker
NAT
Exchange
NYSE
SIC classification
Water Transportation (4400)
Fiscal year end
12-31
CIK
0001000177

Filings

Similar in size, same sector

CompanyRevenueNet income
SunpowerSPWR$300M−$45.4M
American SuperconductorAMSC$299M$134M
Katapult HoldingsKPLT$292M$1.4M
Nordic American TankersNAT$292M$12.3M
Mastercraft BoatMCFT$284M$7.0M
Gaslog PartnersGLOP-PA$278M−$20.2M
Hooker FurnishingsHOFT$278M−$27.0M

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Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Nordic American Tankers — Key figures |url=https://companiesranked.com/en/company/nordic-american-tankers |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Nordic American Tankers — Key figures. CompaniesRanked. https://companiesranked.com/en/company/nordic-american-tankers

BibTeX

@misc{companiesranked-en-company-nordic-american-tankers-2026,
  author       = {{CompaniesRanked}},
  title        = {{Nordic American Tankers — Key figures}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/nordic-american-tankers}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 20-F · 0001140361-26-017809 · April 29, 2026

{{cite web |title=Nordic American Tankers — Key figures — 20-F (0001140361-26-017809) |url=https://www.sec.gov/Archives/edgar/data/1000177/000114036126017809/ef20071320_20f.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-04-29}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.