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Nordic American Tankers Ltd

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Nordic American Tankers Ltd. operates as an international tanker company. The company employs 18 full-time employees The firm has a fleet of approximately 20 Suezmax crude oil tankers. Its Suezmax vessels have a carrying capacity of one million barrels of oil. The firm's tankers operating in the spot market are chartered for a single voyage. The vessels in the Company's fleet are homogenous and interchangeable as they have the same freight capacity and ability to transport the same type of cargo. Its vessels include Nordic Pollux, Nordic Apollo, Nordic Luna, Nordic Castor, Nordic Freedom, Nordic Sprinter, Nordic Skier, Nordic Vega, Nordic Light, Nordic Cross, Nordic Breeze, Nordic Zenith, Nordic Star, Nordic Space, Nordic Aquarius, Nordic Cygnus, Nordic Tellus, Nordic Hunter and Nordic Harrier.

Financial Snapshot

Revenue
TTM
$222.1M
Gross Margin
TTM
67.79%
Net Income
TTM
$54.32M
Current Assets
2026 Q1
$194.9M
Current Liabilities
2026 Q1
$64.98M
Current Ratio
2026 Q1
299.94%
Total Assets
2026 Q1
$901.3M
Total Liabilities
2026 Q1
$445.3M
Book Value
2026 Q1
455.9M
Cash
2026 Q1
$81.12M
P/E
TTM
25.46
Free Cash Flow
TTM
-$113.5M

Stock Price

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Market Cap: $1.3827 Billion

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