Nordic American Tankers Limited

Nordic American Tankers Limitedverified

NAT

Price:

$2.48

Market Cap:

$517.81M

Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 24 Suezmax crude oil tankers. The company was formerly known as Nordic American Tanker Shipping Limited and changed its name to Nordic American Tankers Limited in June 2011. The company was incorporated in 1995 and is based in Hamilton, Bermuda.[Read more]

Industry

Marine Shipping

IPO Date

1997-09-30

Stock Exchange

NYSE

Ticker

NAT

The ROE as of December 2024 (TTM) for Nordic American Tankers Limited (NAT) is 11.95%

According to Nordic American Tankers Limited’s latest financial reports and current stock price. The company's current ROE is 11.95%. This represents a change of 301.47% compared to the average of 2.98% of the last 4 quarters.

Nordic American Tankers Limited (NAT) Historical ROE (quarterly & annually)

How has NAT ROE performed in the past?

The mean historical ROE of Nordic American Tankers Limited over the last ten years is -0.77%. The current 11.95% ROE has changed -1643.04% with respect to the historical average. Over the past ten years (40 quarters), NAT's ROE was at its highest in in the March 2023 quarter at 8.44%. The ROE was at its lowest in in the September 2021 quarter at -8.15%.

Quarterly (TTM)
Annual

Average

-0.77%

Median

-0.98%

Minimum

-21.72%

Maximum

18.34%

Nordic American Tankers Limited (NAT) ROE by Quarter and Year

Discovering the peaks and valleys of Nordic American Tankers Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.66%

Maximum Annual ROE = 18.34%

Minimum Annual Increase = -996.34%

Minimum Annual ROE = -21.72%

Quarterly (TTM)
Annual
YearROEChange
202318.34%555.71%
20222.80%-112.88%
2021-21.72%-360.08%
20208.35%-577.06%
2019-1.75%-88.94%
2018-15.83%76.22%
2017-8.98%1.66%
2016-0.51%-103.93%
201513.02%-996.34%
2014-1.45%-88.22%

Nordic American Tankers Limited (NAT) Average ROE

How has NAT ROE performed in the past?

The current ROE of Nordic American Tankers Limited (NAT) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

-0.19%

5-year avg

1.20%

10-year avg

-0.77%

Nordic American Tankers Limited (NAT) ROE vs. Peers

How is NAT’s ROE compared to its peers?

Nordic American Tankers Limited’s ROE is less than Genco Shipping & Trading Limited (7.46%), less than Golden Ocean Group Limited (12.54%), less than Eagle Bulk Shipping Inc. (3.24%), less than Star Bulk Carriers Corp. (14.50%), greater than OceanPal Inc. (-14.26%), less than Navios Maritime Holdings Inc. (23.71%), less than Danaos Corporation (17.60%), less than Costamare Inc. (15.90%), less than Global Ship Lease, Inc. (25.43%), less than Euroseas Ltd. (37.32%), less than Diana Shipping Inc. (2.50%),

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