Nordic American Tankers Limited
NAT Energy Oil & Gas Midstream
Nordic American Tankers Limited’s revenue for fiscal 2025 (year ended December 2025) was $292.4 million, down 16.4% from fiscal 2024. In the quarter to June 2026, revenue grew 134.0%, EPS grew 8,100.0%, free cash flow grew 197.5% and total debt fell 8.08%, each against the same quarter a year earlier.
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Nordic American Tankers Limited (NAT) EV/Sales
As of 16 October 2026, Nordic American Tankers Limited (NAT) trades at a EV/Sales of 4.9×. Over the past ten years it has ranged from 1.6× (November 2020) to 13.3× (March 2015); the current reading is higher than 88% of that period. That is above the Oil & Gas Midstream industry median of 3.9× and above the Energy sector median of 2.3×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 3.8× | 76.87% |
| FY2024 | 2.1× | (27.99%) |
| FY2023 | 3.0× | 19.37% |
| FY2022 | 2.5× | (11.56%) |
| FY2021 | 2.8× | 46.83% |
| FY2020 | 1.9× | (41.41%) |
| FY2019 | 3.3× | 40.89% |
| FY2018 | 2.3× | 8.35% |
| FY2017 | 2.1× | (33.16%) |
| FY2016 | 3.2× | (14.40%) |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 3.7× | (20.92%) |
| Mar 2026 | 4.7× | 24.69% |
| Dec 2025 | 3.8× | 8.29% |
| Sep 2025 | 3.5× | 16.34% |
| 40 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| TK Teekay Corporation Ltd. compare | 0.1× |
| GLP Global Partners LP compare | 0.2× |
| NGL NGL Energy Partners LP compare | 1.5× |
| GEL Genesis Energy, L.P. compare | 2.7× |
| NVGS Navigator Holdings Ltd. compare | 3.2× |
| TEN Tsakos Energy Navigation Ltd compare | 3.3× |
| NAT Nordic American Tankers Limited | 4.9× |
| FLNG Flex LNG Ltd. compare | 8.1× |
| PBT Permian Basin Royalty Trust compare | 87.5× |
| Oil & Gas Midstream industry median | 3.9× |
| Energy sector median | 2.3× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)