Nordic American Tankers Gross Profit Growth & History (NAT)

Nordic American Tankers's gross profit was $181.8M for fiscal 2025.

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Nordic American Tankers annual gross profit history

Nordic American Tankers annual gross profit

Fiscal yearPeriod endedGross profitChangeGrowth
20252025-12-31$181.8M−$43.3M−19.23%
20242024-12-31$225.1M−$37.1M−14.14%
20232023-12-31$262.2M$93.4M+55.30%
20222022-12-31$168.8M$106.0M+168.78%
20212021-12-31$62.8M−$170.7M−73.10%
20202020-12-31$233.5M$58.1M+33.10%
20192019-12-31$175.4M$51.4M+41.49%
20182018-12-31$124.0M−$30.7M−19.83%
20172017-12-31$154.7M−$76.8M−33.17%
20162016-12-31$231.5M$390.1M
20152015-12-31−$158.7M$39.3M
20142014-12-31−$197.9M−$24.5M
20132013-12-31−$173.4M−$134.7M
20122012-12-31−$38.7M

Nordic American Tankers gross profit trends

Over the last five fiscal years, Nordic American Tankers's gross profit decreased from $233.5M to $181.8M, a change of −$51.7M.

About the metric

What gross profit means

Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.

Calculation and source

SEC-reported and calculated gross profit

TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Nordic American Tankers source filings ↗

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