Nordic American Tankers Limited NAT

7.72 0.06 0.78% as of 25 Sep
Market cap
$1.6B
P/E
13.1×

An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.

Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21 Dec '22 Dec '23 Dec '24 Dec '25
Revenue
357.45 297.14 289.02 317.22 354.62 195.76 339.34 391.69 349.74 292.42
Revenue Growth
(19.81%) (16.87%) (2.73%) 9.76% 11.79% (44.80%) 73.35% 15.43% (10.71%) (16.39%)
Cost of Revenue
206.25 230.13 245.42 207.80 187.97 195.94 233.95 189.51 187.46 176.82
Gross Profit
151.20 67.01 43.59 109.42 166.65 (0.18) 105.40 202.18 162.29 115.60
SG&A Expenses
12.30 12.58 12.73 13.48 17.59 15.62 18.80 22.89 28.83 28.14
Operating Income
53.34 (175.69) (38.62) 31.97 81.23 (144.46) 35.86 127.89 77.31 46.35
Non-operating Income/Expense
(11.05) (20.76) (48.94) (42.25) (31.13) (26.81) (20.74) (29.06) (30.68) (34.03)
Non-operating Interest Expenses
11.17 20.46 34.55 38.39 31.48 26.38 27.06 30.50 30.74 35.75
EBT
42.29 (196.45) (87.56) (10.28) 50.10 (171.27) 15.12 98.83 46.63 12.32
Income Tax Provision
0.10 0.08 0.08 0.07 0.06 0.06 0.02 0.12 (0.01) 0.05
Income after Tax
42.19 (196.53) (87.64) (10.35) 50.03 (171.33) 15.10 98.71 46.64 12.27
Share of Subsidiary Earnings
(46.64) (8.43) (7.67) — — — — — — —
Dividends (Preferred)
0.00 — — — — — — — — —
Net Income Common
(4.46) (204.97) (95.31) (10.35) 50.03 (171.33) 15.10 98.71 46.64 12.27
EPS (Basic)
(0.05) (1.97) (0.67) (0.07) 0.34 (1.05) 0.07 0.47 0.22 0.06
EPS (Diluted)
(0.05) (1.97) (0.67) (0.07) 0.34 (1.05) 0.07 0.47 0.22 0.06
Shares (Basic, Weighted)
92.53 103.83 141.97 142.57 149.29 162.55 202.03 208.80 209.23 211.75
Shares (Diluted, Weighted)
92.53 103.83 141.97 142.57 149.29 162.55 202.03 208.81 209.90 211.75
Gross Margin
42.30% 22.55% 15.08% 34.49% 46.99% (0.09%) 31.06% 51.62% 46.40% 39.53%
EBIT Margin
14.92% (59.13%) (13.36%) 10.08% 22.91% (73.80%) 10.57% 32.65% 22.11% 15.85%
EBT margin
11.83% (66.11%) (30.30%) (3.24%) 14.13% (87.49%) 4.46% 25.23% 13.33% 4.21%
Net Profit Margin
(1.25%) (68.98%) (32.98%) (3.26%) 14.11% (87.52%) 4.45% 25.20% 13.34% 4.20%
Free Cash Flow Margin
(2.96%) (1.96%) 23.75% 15.87% 26.19% (24.48%) 2.89% 16.79% 35.89% (23.21%)
EBITDA
145.61 (73.63) 37.43 100.23 153.42 (73.12) 89.87 180.73 134.31 104.83
EBIT
53.34 (175.69) (38.62) 31.97 81.23 (144.46) 35.86 127.89 77.31 46.35
Income from Continuous Operations
(4.46) (204.97) (95.31) (10.35) 50.03 (171.33) 15.10 98.71 46.64 12.27
Consolidated Net Income/Loss
(4.46) (204.97) (95.31) (10.35) 50.03 (171.33) 15.10 98.71 46.64 12.27
EPS (Basic, from Continuous Ops)
(0.05) (1.97) (0.67) (0.07) 0.34 (1.05) 0.07 0.47 0.22 0.06
EPS (Basic, Consolidated)
(0.05) (1.97) (0.67) (0.07) 0.34 (1.05) 0.07 0.47 0.22 0.06
EPS (Diluted, from Cont. Ops)
(0.05) (1.97) (0.67) (0.07) 0.34 (1.05) 0.07 0.47 0.22 0.06
Shares (Diluted, Average)
101.97 103.83 141.97 147.23 151.45 162.55 208.80 208.80 211.75 211.75
EPS (Diluted, Consolidated)
(0.05) (1.97) (0.67) (0.07) 0.34 (1.05) 0.07 0.47 0.22 0.06
EBITDA Margin
40.74% (24.78%) 12.95% 31.60% 43.26% (37.35%) 26.48% 46.14% 38.40% 35.85%
Operating Cash Flow Margin
35.75% 10.68% (5.57%) 16.66% 31.29% (22.71%) 7.11% 35.60% 36.64% 6.78%

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In millions of $ except per-share values · columns are period end dates