Stocktoria

NORDIC AMERICAN TANKERS Ltd NAT

NYSE · stock · Water Transportation · website · IPO 1995-09-14

NORDIC AMERICAN TANKERS Ltd statistics & valuation

Market cap$1.2B
P / E100.9×
P / S4.2×
P / B2.8×
Dividend yield6.84%
Net margin4.2%
Return on equity2.8%
Net debt$342.9M
Net debt / EBITDA3.3×
Enterprise value USD$1.6B
EV / EBITDA15.2×
Earnings yield EBIT/EV2.9%
Return on capital5.6%
Graham number -73.8%$1.69

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($1.69); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
-1.20% -69.00% -33.00% -3.30% 14.10% -89.70% 4.50% 25.20% 13.30% 4.20% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
14.90% -59.10% -13.40% 10.10% 22.90% -75.60% 12.30% 32.70% 22.10% 15.90% 2016201720182019202020212022202320242025
Return on equity (%)
-0.50% -28.80% -15.80% -1.70% 8.40% -34.40% 2.80% 18.30% 9.20% 2.80% 2016201720182019202020212022202320242025
Shares outstanding
102.0M 142.0M 142.0M 147.2M 151.4M 183.7M 208.8M 208.8M 211.8M 211.8M 2016201720182019202020212022202320242025
Net debt ($)
$360.6M $330.5M $368.5M $326.5M $276.8M $248.7M $206.8M $238.6M $209.0M $342.9M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
-0.30% -18.00% -8.90% -1.00% 5.10% -20.10% 1.70% 11.20% 5.70% 1.40% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
0.51× 0.55× 0.69× 0.63× 0.56× 0.57× 0.49× 0.50× 0.49× 0.87× 2016201720182019202020212022202320242025
EPS ($)
-$0.05 -$1.97 -$0.67 -$0.07 $0.34 -$1.05 $0.07 $0.47 $0.22 $0.06 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

NORDIC AMERICAN TANKERS Ltd trades at about 107.3× earnings — above its 10-year norm (10-year range 8.7×–69.3×, median 12.3×).

8.7× 107.3×

Shaded band = 10-year range (8.7×–69.3×); dot = today's 107.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin15.9%22.1%32.7%12.3%-75.6%22.9%10.1%-13.4%-59.1%14.9%
Net margin4.2%13.3%25.2%4.5%-89.7%14.1%-3.3%-33.0%-69.0%-1.2%
Return on assets1.4%5.7%11.2%1.7%-20.1%5.1%-1.0%-8.9%-18.0%-0.3%
Return on equity2.8%9.2%18.3%2.8%-34.4%8.4%-1.7%-15.8%-28.8%-0.5%
Debt / equity0.87×0.49×0.50×0.49×0.57×0.56×0.63×0.69×0.55×0.51×
Current ratio2.241.651.551.971.582.512.193.115.017.61

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.