# Nordic American Tankers Limited share price today (Nordic American Tankers Limited, NAT)

> Nordic American Tankers Limited's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. NAT · Energy · Oil & Gas Midstream · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/nat

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## Key numbers

- Price: $7.44 (+102.2% in a year)
- P/E: 12.8× (lower than 86% of the last 1 year)
- Revenue (Jun 2026): $79.3 M (+97.5% on a year ago)
- Profit (Jun 2026): $68.3 M
- Operating margin: 51.9% (+50.8 points on a year ago)
- ROE: 3%, FY25
- ROIC: 13.9%, against a 3.0% cost of capital: +10.9 points
- Profit that came in as cash: 182%, last 3 years

The main question: the share price moved +102.2% in a year while yearly earnings per share moved −73.7%. The difference came from the market paying a higher multiple. ## What is the Nordic American Tankers Limited share price today? Nordic American Tankers Limited's share price was $7.44 at the close on 3 November 2026. That is 21.6% above its average price over the last 200 trading days. In the last 52 weeks it traded between $3 and $8, and at that close it sat 80% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 16 weeks in a row. Over the last 1 year the share price moved +172% while the S&P 500 moved +21%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Nordic American Tankers Limited pay? Nordic American Tankers Limited paid $0.79 per share over the last four reported quarters. The most recent declaration was $0.27 for Jun 2026. At today's price of $7.44 that is a yield of 10.62%, based on dividends already paid, not a forecast. ## Which stock lists is Nordic American Tankers Limited on? Nordic American Tankers Limited is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Nordic American Tankers Limited profitable? Nordic American Tankers Limited earned $68.3 M of net profit in the Jun 2026 quarter. Full-year FY25 profit was $12.3 M. That is 86.2% of the quarter's revenue. The same quarter a year earlier lost $852 K. 2 of the last 10 reported quarters were loss-making. For the full year, FY25 profit was $12.3 M (−73.7% on the year before). On average over the last four quarters, profit changed +552.9% and revenue +47.0%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does Nordic American Tankers Limited make, and is it growing? Nordic American Tankers Limited reported $79.3 M of revenue in the Jun 2026 quarter, +97.5% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 4 years it has grown 11.2% a year on average. The last full year, FY25, came in at $292 M. The last four reported quarters add to $371 M. This company files some results as half-year totals. Each Jun quarter shown here is that half-year figure minus the quarter before it, so the four quarters of a year add up to the year. The quarterly figures for FY22, FY23 do not add up to the full-year total on file, so those quarters are left out of the charts and sums. FY25 revenue was $292 M, −16.4% on the year before. Recent pace: the last four quarters grew +47.0% on average, against 11.2% a year over the longer run, so this year is growing faster than its own long-run rate. ## How much of every $100 of sales does Nordic American Tankers Limited keep? Nordic American Tankers Limited's operating margin was 51.9% in the Jun 2026 quarter, 50.8 percentage points higher than the same quarter a year ago. Across 5 years it has been between −46.5% and 32.7%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed +50.8 percentage points on the year while gross margin changed +26.0 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Nordic American Tankers Limited's profit turning into cash? Over the last 3 years, 182% of Nordic American Tankers Limited's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $19.8 M of operating cash against $12.3 M of profit. After $134 M of spending on assets, free cash was −$115 M: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Nordic American Tankers Limited's cash go? Nordic American Tankers Limited does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $211 M on assets over the last 3 years. Averaged over those years that is 24.0% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $211 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Nordic American Tankers Limited's P/E ratio, and how does it compare with its own history? Nordic American Tankers Limited's P/E is 12.8×, near the low end of its own history: it has been lower only 14% of the time. Its usual P/E (the middle reading) is 44.3×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −73.7% while the price moved +102.2%. The price did better than earnings, which pushed the multiple up within its own range. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Nordic American Tankers Limited business getting better or worse? Nordic American Tankers Limited's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 6 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Nordic American Tankers Limited earn on its capital? Nordic American Tankers Limited earned a ROE of 3% in FY25. That is up from a low of −34% in FY21. Its return on capital used (ROIC) is 10.9 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 4.2% net margin and 0.32× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 4.2% net margin × 0.32× asset turnover × 2.02× leverage (assets divided by equity) ≈ 2.7% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 13.9% − 3.0% = +10.9 percentage points. The 3.0% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value. The 13.9% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 3.8%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Nordic American Tankers Limited have too much debt? Nordic American Tankers Limited has total debt of $407 M against shareholder equity of $478 M as of Jun 2026, so its debt is 0.85× its equity. Year by year, that ratio went from 0.65 in FY21 to 0.95 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the Nordic American Tankers Limited shareholding pattern? We have no ownership or short-position figures for Nordic American Tankers Limited, so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 2.9 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. ## How far is Nordic American Tankers Limited from balance-sheet trouble? For Nordic American Tankers Limited, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Nordic American Tankers Limited rank in its industry? There is no score against its industry: Nordic American Tankers Limited is not among the largest members shown in this industry comparison for Oil & Gas Midstream. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Nordic American Tankers Limited compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Nordic American Tankers Limited in size? Nordic American Tankers Limited is the 37th largest of 47 Oil & Gas Midstream companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Dorian LPG, NGL Energy Partners LP and Genesis Energy, L.P. Just below it: Global Partners LP, Tsakos Energy Navigation and FLEX LNG. ### Oil & Gas Midstream companies close in size

1. [Dorian LPG Ltd.](https://www.sectoralpha.in/us/stocks/lpg) $2.2 billion
2. [NGL Energy Partners LP](https://www.sectoralpha.in/us/stocks/ngl) $2 billion
3. [Genesis Energy, L.P.](https://www.sectoralpha.in/us/stocks/gel) $1.8 billion
4. Nordic American Tankers Limited $1.6 billion
5. [Global Partners LP](https://www.sectoralpha.in/us/stocks/glp) $1.5 billion
6. [Tsakos Energy Navigation Limited](https://www.sectoralpha.in/us/stocks/ten) $1.5 billion
7. [FLEX LNG Ltd.](https://www.sectoralpha.in/us/stocks/flng) $1.5 billion

[All 47 Oil & Gas Midstream companies, largest first](https://www.sectoralpha.in/us/sectors/oil-gas-midstream#all-companies)

### Companies close in size in other industries

1. [NovoCure Limited](https://www.sectoralpha.in/us/stocks/nvcr) $1.5 billion · Medical Devices
2. [MillerKnoll, Inc.](https://www.sectoralpha.in/us/stocks/mlkn) $1.5 billion · Furnishings, Fixtures & Appliances
3. Nordic American Tankers Limited $1.5 billion
4. [Century Communities, Inc.](https://www.sectoralpha.in/us/stocks/ccs) $1.5 billion · Real Estate - Development
5. [Everforth, Inc.](https://www.sectoralpha.in/us/stocks/efor) $1.5 billion · Information Technology Services

## What else do people ask about Nordic American Tankers Limited? ### What were Nordic American Tankers Limited Limited's latest quarterly results? Nordic American Tankers Limited reported revenue of $79.3 M and net profit of $68.3 M for the Jun 2026 quarter. Earnings per share were $0.32. The operating margin was 51.9%, 50.8 percentage points higher than a year earlier (as of 3 November 2026). ### What is Nordic American Tankers Limited Limited's market cap? Nordic American Tankers Limited's market capitalisation is $1.6 B at a stock price of $7.44. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Nordic American Tankers Limited Limited performing? Nordic American Tankers Limited's latest readings are below. Over the past 13 weeks it has done better than the S&P 500, for 16 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Nordic American Tankers Limited Limited's stock price go up? This page does not forecast Nordic American Tankers Limited's stock price. What it shows instead: the stock price is $7.44. Its P/E of 12.8× is higher than 14% of its own last 1 years. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is Nordic American Tankers Limited Limited in its business cycle? Nordic American Tankers Limited's FY25 operating margin was 10.2%, against a 5-year range of −46.5% to 32.7%: the middle of its own range, neither a peak nor a low. The latest quarter was 51.9%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Nordic American Tankers Limited Limited story? The main question: the share price moved +102.2% in a year while yearly earnings per share moved −73.7%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Nordic American Tankers Limited Limited a stock worth studying right now? What the numbers show: Nordic American Tankers Limited's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.