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NORDIC AMERICAN TANKERS Ltd (NAT) Add to portfolio


Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
Revenues191.1354.6317.2289.0297.10.0445.7352.5
            Revenue growth-46.1%11.8%9.8%-2.7%-1236127.5%-100.0%26.4%44.7%
Cost of goods sold195.9188.0207.8245.4230.10.0225.2261.9
Gross profit-4.9166.6109.443.667.00.0220.590.6
            Gross margin-2.5%47.0%34.5%15.1%22.6%100.0%49.5%25.7%
General and administrative15.617.613.512.712.60.09.814.9
EBIT-84.281.232.0-37.5-54.70.0128.1-4.8
            EBIT margin-44.0%22.9%10.1%-13.0%-18.4%118.7%28.7%-1.4%
Pre-tax income-171.350.1-10.3-87.6-196.50.0117.2-14.7
Income taxes0.10.10.1-0.1-0.10.0-0.10.0
            Tax rate 0.1% 0.1%0.0%0.0% 0.3%
Net income-171.350.0-10.4-95.3-205.00.0114.6-13.2
            Net margin-89.7%14.1%-3.3%-33.0%-69.0%0.0%25.7%-3.7%
 
Diluted EPS($1.05)$0.34($0.07)($0.67)($1.97)$0.00$1.29($0.15)
Shares outstanding (diluted)162.5149.3142.6142.0103.82.189.285.4
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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