NAT
Income statement / Annual
Last year (2024), Nordic American Tankers Limited's total revenue was $225.10 M,
a decrease of 42.53% from the previous year.
In 2024, Nordic American Tankers Limited's net income was $46.64 M.
See Nordic American Tankers Limited,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$225.10 M |
$391.69 M |
$339.34 M |
$195.76 M |
$354.62 M |
$317.22 M |
$289.02 M |
$297.14 M |
$357.45 M |
$445.74 M |
| Cost of Revenue |
$62.81 M
|
$240.91 M
|
$284.37 M
|
$264.29 M
|
$255.81 M
|
$271.77 M
|
$306.12 M
|
$330.80 M
|
$297.14 M
|
$307.86 M
|
| Gross Profit |
$162.29 M
|
$150.78 M
|
$54.97 M
|
-$68.53 M
|
$98.81 M
|
$45.45 M
|
-$17.10 M
|
-$33.66 M
|
$60.31 M
|
$137.88 M
|
| Gross Profit Ratio |
0.72
|
0.38
|
0.16
|
-0.35
|
0.28
|
0.14
|
-0.06
|
-0.11
|
0.17
|
0.31
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$28.83 M
|
$22.89 M
|
$18.80 M
|
$15.62 M
|
$17.59 M
|
$13.48 M
|
$12.73 M
|
$12.58 M
|
$12.30 M
|
$9.79 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$28.83 M
|
$22.89 M
|
$18.80 M
|
$15.62 M
|
$17.59 M
|
$13.48 M
|
$12.73 M
|
$12.58 M
|
$12.30 M
|
$9.79 M
|
| Other Expenses |
$56.15 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Operating Expenses |
$84.98 M
|
$22.89 M
|
$18.80 M
|
$15.62 M
|
$17.59 M
|
$13.48 M
|
$12.73 M
|
$12.58 M
|
$12.30 M
|
$9.79 M
|
| Cost And Expenses |
$147.79 M
|
$263.80 M
|
$303.16 M
|
$279.91 M
|
$273.39 M
|
$285.25 M
|
$318.85 M
|
$343.37 M
|
$309.44 M
|
$317.65 M
|
| Interest Income |
$731,000.00
|
$1.30 M
|
$3,000.00
|
$3,000.00
|
$96,000.00
|
$298,000.00
|
$334,000.00
|
$347,000.00
|
$215,000.00
|
$114,000.00
|
| Interest Expense |
$30.74 M
|
$30.50 M
|
$27.06 M
|
$26.38 M
|
$31.48 M
|
$38.39 M
|
$29.75 M
|
$20.46 M
|
$8.81 M
|
$10.86 M
|
| Depreciation & Amortization |
$56.15 M
|
$51.40 M
|
$50.42 M
|
$68.35 M
|
$67.83 M
|
$63.97 M
|
$60.70 M
|
$100.67 M
|
$90.89 M
|
$82.61 M
|
| EBITDA |
$133.46 M |
$179.29 M |
$92.60 M |
-$24.69 M |
$149.25 M |
$96.23 M |
$22.41 M |
-$74.67 M |
$144.45 M |
$210.82 M |
| EBITDA Ratio |
0.59
|
0.46
|
0.27
|
-0.13
|
0.42
|
0.3
|
0.08
|
-0.25
|
0.4
|
0.47
|
| Operating Income Ratio |
0.34
|
0.33
|
0.12
|
-0.47
|
0.04
|
-0.11
|
-0.13
|
-0.16
|
0.15
|
0.29
|
| Total Other Income/Expenses Net |
-$30.68 M
|
-$29.06 M
|
-$26.74 M
|
-$26.87 M
|
-$31.13 M
|
-$42.25 M
|
-$48.94 M
|
-$29.28 M
|
-$5.73 M
|
-$10.91 M
|
| Income Before Tax |
$46.63 M
|
$98.83 M
|
$15.10 M
|
-$119.42 M
|
$50.03 M
|
-$10.35 M
|
-$87.56 M
|
-$75.51 M
|
$42.29 M
|
$114.63 M
|
| Income Before Tax Ratio |
0.21
|
0.25
|
0.04
|
-0.61
|
0.14
|
-0.03
|
-0.3
|
-0.25
|
0.12
|
0.26
|
| Income Tax Expense |
-$10,000.00
|
$120,000.00
|
-$289,000.00
|
$59,000.00
|
$64,000.00
|
$71,000.00
|
$79,000.00
|
$83,000.00
|
$102,000.00
|
$96,000.00
|
| Net Income |
$46.64 M
|
$98.71 M
|
$15.10 M
|
-$119.48 M
|
$50.03 M
|
-$10.42 M
|
-$95.31 M
|
-$75.51 M
|
-$4.46 M
|
$114.63 M
|
| Net Income Ratio |
0.21
|
0.25
|
0.04
|
-0.61
|
0.14
|
-0.03
|
-0.33
|
-0.25
|
-0.01
|
0.26
|
| EPS |
0.22 |
0.47 |
0.0748 |
-0.74 |
0.34 |
-0.0731 |
-0.67 |
-0.73 |
-0.05 |
1.29 |
| EPS Diluted |
0.22 |
0.47 |
0.0748 |
-0.74 |
0.34 |
-0.0731 |
-0.67 |
-0.73 |
-0.0482 |
1.29 |
| Weighted Average Shares Out |
$209.23 M
|
$208.80 M
|
$202.03 M
|
$162.55 M
|
$149.29 M
|
$142.57 M
|
$141.95 M
|
$103.83 M
|
$89.12 M
|
$89.18 M
|
| Weighted Average Shares Out Diluted |
$209.90 M
|
$208.81 M
|
$202.03 M
|
$162.55 M
|
$149.29 M
|
$142.57 M
|
$141.97 M
|
$103.83 M
|
$92.53 M
|
$89.18 M
|
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