Nordic American Tanker Ltd
NYSE:NAT
Net Margin
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
Peer Comparison
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| BM |
|
Nordic American Tanker Ltd
NYSE:NAT
|
893.6m USD |
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|
|
| CA |
|
Enbridge Inc
TSX:ENB
|
150.4B CAD |
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|
|
| US |
|
Williams Companies Inc
NYSE:WMB
|
82.3B USD |
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|
|
| US |
|
Enterprise Products Partners LP
NYSE:EPD
|
75.7B USD |
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|
|
| US |
|
Kinder Morgan Inc
NYSE:KMI
|
67.6B USD |
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|
|
| US |
|
Energy Transfer LP
NYSE:ET
|
62.8B USD |
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|
|
| CA |
|
TC Energy Corp
TSX:TRP
|
85.3B CAD |
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|
|
| US |
|
MPLX LP
NYSE:MPLX
|
57.3B USD |
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|
|
| US |
|
ONEOK Inc
NYSE:OKE
|
50.5B USD |
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|
|
| US |
|
Cheniere Energy Inc
NYSE:LNG
|
45.6B USD |
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|
|
| US |
|
Targa Resources Corp
NYSE:TRGP
|
44B USD |
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|
Market Distribution
| Min | -95 355.3% |
| 30th Percentile | 0.2% |
| Median | 2.1% |
| 70th Percentile | 8.3% |
| Max | 63.2% |
Other Profitability Ratios
Nordic American Tanker Ltd
Glance View
Nordic American Tankers Ltd. operates as an international tanker company. The firm's fleet consists of approximately 23 Suezmax crude oil tankers. The company operates its vessels either in the spot market or on longer term time charter agreement. 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 approximately the same freight capacity and ability to transport the same type of cargo. The firm's vessels include Nordic Light, Nordic Cross, Nordic Cosmos, Nordic Vega, Nordic Zenith, Nordic Sprinter, Nordic Luna, Nordic Skier, Nordic Castor, Nordic Pollux, Nordic Star, Nordic Space, Nordic Aquarius, Nordic Cygnus and Nordic Tellus.
See Also
Net Margin is calculated by dividing the Net Income by the Revenue.
The current Net Margin for Nordic American Tanker Ltd is 0.6%, which is below its 3-year median of 16.6%.
Over the last 3 years, Nordic American Tanker Ltd’s Net Margin has increased from -38.5% to 0.6%. During this period, it reached a low of -38.5% on Aug 30, 2022 and a high of 27% on Jun 30, 2023.
