Nordic American Tankers (NAT) Revenue & Revenue Breakdown
Nordic American Tankers Revenue Highlights
Latest Revenue (Y)
$262.18M
Latest Revenue (Q)
$95.29M
Main Segment (Y)
Spot Charter
Nordic American Tankers Revenue by Period
Nordic American Tankers Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $262.18M | -22.74% |
| 2022-12-31 | $339.34M | 73.35% |
| 2021-12-31 | $195.76M | -44.80% |
| 2020-12-31 | $354.62M | 11.79% |
| 2019-12-31 | $317.22M | 9.76% |
| 2018-12-31 | $289.02M | -2.73% |
| 2017-12-31 | $297.14M | -16.87% |
| 2016-12-31 | $357.45M | -19.81% |
| 2015-12-31 | $445.74M | 26.97% |
| 2014-12-31 | $351.05M | 44.08% |
| 2013-12-31 | $243.66M | 164.81% |
| 2012-12-31 | $92.01M | 15.21% |
| 2011-12-31 | $79.87M | -36.82% |
| 2010-12-31 | $126.42M | 9.54% |
| 2009-12-31 | $115.41M | -47.05% |
| 2008-12-31 | $217.95M | 16.56% |
| 2007-12-31 | $186.99M | 6.53% |
| 2006-12-31 | $175.52M | 49.88% |
| 2005-12-31 | $117.11M | 73.62% |
| 2004-12-31 | $67.45M | 80.49% |
| 2003-12-31 | $37.37M | 106.95% |
| 2002-12-31 | $18.06M | -36.32% |
| 2001-12-31 | $28.36M | -22.47% |
| 2000-12-31 | $36.58M | 147.44% |
| 1999-12-31 | $14.78M | -7.65% |
| 1998-12-31 | $16.01M | 203.96% |
| 1997-12-31 | $5.27M | - |
Nordic American Tankers generated $262.18M in revenue during NA 2023, up -22.74% compared to the previous quarter, and up 90.71% compared to the same period a year ago.
Nordic American Tankers Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $95.29M | 60.81% |
| 2023-12-31 | $59.25M | 23.35% |
| 2023-09-30 | $48.04M | -29.15% |
| 2023-06-30 | $67.80M | -22.16% |
| 2023-03-31 | $87.09M | -20.97% |
| 2022-12-31 | $110.21M | 132.59% |
| 2022-09-30 | $47.38M | 36.35% |
| 2022-06-30 | $34.75M | 123.89% |
| 2022-03-31 | $15.52M | -71.80% |
| 2021-12-31 | $55.04M | 490.97% |
| 2021-09-30 | $9.31M | -44.39% |
| 2021-06-30 | $16.75M | -65.11% |
| 2021-03-31 | $48.00M | 9.48% |
| 2020-12-31 | $43.84M | -21.77% |
| 2020-09-30 | $56.04M | -54.28% |
| 2020-06-30 | $122.59M | -7.23% |
| 2020-03-31 | $132.15M | 38.53% |
| 2019-12-31 | $95.39M | 41.56% |
| 2019-09-30 | $67.38M | 1.85% |
| 2019-06-30 | $66.16M | -25.06% |
| 2019-03-31 | $88.28M | 2.35% |
| 2018-12-31 | $86.26M | 37.51% |
| 2018-09-30 | $62.73M | -14.58% |
| 2018-06-30 | $73.44M | 10.27% |
| 2018-03-31 | $66.59M | -8.25% |
| 2017-12-31 | $72.58M | 30.50% |
| 2017-09-30 | $55.62M | -25.24% |
| 2017-06-30 | $74.40M | -21.30% |
| 2017-03-31 | $94.54M | 4.55% |
| 2016-12-31 | $90.42M | 26.10% |
| 2016-09-30 | $71.71M | -19.03% |
| 2016-06-30 | $88.56M | -17.04% |
| 2016-03-31 | $106.75M | -6.81% |
| 2015-12-31 | $114.56M | 12.44% |
| 2015-09-30 | $101.88M | -12.42% |
| 2015-06-30 | $116.33M | 2.98% |
| 2015-03-31 | $112.96M | 18.54% |
| 2014-12-31 | $95.29M | 132.94% |
| 2014-09-30 | $40.91M | -38.14% |
| 2014-06-30 | $66.13M | -30.15% |
| 2014-03-31 | $94.68M | 44.71% |
| 2013-12-31 | $65.43M | 190.64% |
| 2013-09-30 | $22.51M | -76.31% |
| 2013-06-30 | $95.05M | 450.51% |
| 2013-03-31 | $17.27M | -1.50% |
| 2012-12-31 | $17.53M | 13.37% |
| 2012-09-30 | $15.46M | -45.84% |
| 2012-06-30 | $28.55M | -6.33% |
| 2012-03-31 | $30.48M | -10.83% |
| 2011-12-31 | $34.18M | 203.98% |
| 2011-09-30 | $11.24M | -52.83% |
| 2011-06-30 | $23.84M | -6.64% |
| 2011-03-31 | $25.53M | 24.75% |
| 2010-12-31 | $20.46M | -19.87% |
| 2010-09-30 | $25.54M | -33.92% |
| 2010-06-30 | $38.65M | -7.46% |
| 2010-03-31 | $41.76M | 55.57% |
| 2009-12-31 | $26.84M | 51.31% |
| 2009-09-30 | $17.74M | -40.35% |
| 2009-06-30 | $29.75M | -34.11% |
| 2009-03-31 | $45.15M | -10.71% |
| 2008-12-31 | $50.56M | -24.89% |
| 2008-09-30 | $67.32M | 6.43% |
| 2008-06-30 | $63.25M | 22.28% |
| 2008-03-31 | $51.73M | -30.08% |
| 2007-12-31 | $73.98M | - |
Nordic American Tankers generated $95.29M in revenue during Q1 2024, up 60.81% compared to the previous quarter, and up 86.46% compared to the same period a year ago.
Nordic American Tankers Revenue Breakdown
Nordic American Tankers Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Time Charter | $45.28M | $42.53M | $20.83M | $80.40M | $34.21M |
| Spot Charter | $346.41M | $296.81M | $170.24M | $274.22M | $283.01M |
Nordic American Tankers's latest annual revenue breakdown by segment (product or service), as of Dec 23: Spot Charter (88.44%), and Time Charter (11.56%).
Quarterly Revenue by Product
| Product/Service | Dec 22 | Jun 22 | Jun 21 | Jun 20 | Jun 19 |
|---|---|---|---|---|---|
| Time Charter | $18.52M | $24.01M | $8.38M | $48.49M | $15.57M |
| Spot Charter | $196.64M | $100.17M | $92.01M | $206.24M | $138.87M |
Nordic American Tankers's latest quarterly revenue breakdown by segment (product or service), as of Dec 22: Spot Charter (91.39%), and Time Charter (8.61%).
Nordic American Tankers Revenue Breakdown by Country
Quarterly Revenue by Country
| Country | Jun 22 | Jun 21 | Jun 20 | Jun 19 |
|---|---|---|---|---|
| Time Charter | $24.01M | $8.38M | $48.49M | $15.57M |
| Spot Charter | $100.17M | $92.01M | $206.24M | $138.87M |
Nordic American Tankers's latest quarterly revenue breakdown by geography, as of Jun 22: Spot Charter (80.67%), and Time Charter (19.33%).
Nordic American Tankers Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| GNK | Genco Shipping & Trading | $383.82B | $107.05M |
| CMRE | Costamare | $1.51B | $475.43M |
| DAC | Danaos | $952.38M | $249.95M |
| SBLK | Star Bulk Carriers | $949.27M | $259.39M |
| GOGL | Golden Ocean Group | $885.77M | $246.74M |
| GSL | Global Ship Lease | $674.79M | $179.56M |
| NAT | Nordic American Tankers | $262.18M | $95.29M |
| DSX | Diana Shipping | $262.10M | $57.65M |
| ESEA | Euroseas | $189.36M | $46.72M |
| OP | OceanPal | $18.96M | $5.69M |
NAT Revenue FAQ
What is Nordic American Tankers’s yearly revenue?
Nordic American Tankers's yearly revenue for 2023 was $262.18M, representing a decrease of -22.74% compared to 2022. The company's yearly revenue for 2022 was $339.34M, representing an increase of 73.35% compared to 2021. NAT's yearly revenue for 2021 was $195.76M, representing a decrease of -44.80% compared to 2020.
What is Nordic American Tankers’s quarterly revenue?
Nordic American Tankers's quarterly revenue for Q1 2024 was $95.29M, a 60.81% increase from the previous quarter (Q4 2023), and a 9.41% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $59.25M, a 23.35% increase from the previous quarter (Q3 2023), and a -46.23% decrease year-over-year (Q4 2022). NAT's quarterly revenue for Q3 2023 was $48.04M, a -29.15% decrease from the previous quarter (Q2 2023), and a 1.38% increase year-over-year (Q3 2022).
What is Nordic American Tankers’s revenue growth rate?
Nordic American Tankers's revenue growth rate for the last 3 years (2021-2023) was 33.93%, and for the last 5 years (2019-2023) was -17.35%.
What are Nordic American Tankers’s revenue streams?
Nordic American Tankers's revenue streams in c 23 are Time Charter, and Spot Charter. Time Charter generated $45.28M in revenue, accounting 11.56% of the company's total revenue, up 6.46% year-over-year. Spot Charter generated $346.41M in revenue, accounting 88.44% of the company's total revenue, up 16.71% year-over-year.
What is Nordic American Tankers’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Nordic American Tankers was Spot Charter. This segment made a revenue of $346.41M, representing 88.44% of the company's total revenue.