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) P/E ratio
As of 16 October 2026, Nordic American Tankers Limited (NAT) trades at a P/E ratio of 13.0×. Over the past ten years it has ranged from 0.0× (December 2022) to 333× (November 2025); the current reading is higher than 79% of that period. That is in line with the Oil & Gas Midstream industry median of 12.8× and below the Energy sector median of 13.9×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 52.1× | 349.70% |
| FY2024 | 11.6× | 26.98% |
| FY2023 | 9.1× | (81.62%) |
| FY2022 | 49.7× | — |
| FY2021 | 0.0× | — |
| FY2020 | 8.7× | — |
| FY2019 | 0.0× | — |
| FY2018 | 0.0× | — |
| FY2017 | 0.0× | — |
| FY2016 | 0.0× | — |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 9.4× | (57.38%) |
| Mar 2026 | 22.0× | (57.73%) |
| Dec 2025 | 52.1× | (80.58%) |
| Sep 2025 | 268× | 529.61% |
| 40 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| NGL NGL Energy Partners LP compare | n/m |
| TEN Tsakos Energy Navigation Ltd compare | 5.2× |
| TK Teekay Corporation Ltd. compare | 9.6× |
| NVGS Navigator Holdings Ltd. compare | 9.7× |
| GLP Global Partners LP compare | 10.1× |
| NAT Nordic American Tankers Limited | 13.0× |
| FLNG Flex LNG Ltd. compare | 14.8× |
| GEL Genesis Energy, L.P. compare | 74.9× |
| PBT Permian Basin Royalty Trust compare | 94.7× |
| Oil & Gas Midstream industry median | 12.8× |
| Energy sector median | 13.9× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)