NAT FY 2020 Earnings — Nordic American Tankers Limited Revenue & Financial Results | Market Cap Arena

NATNordic American Tankers Limited

$1B

FY 2020 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$355M+11.8% YoY

Gross Profit

$99M27.9% margin

Operating Income

$81M22.9% margin

Net Income

$50M14.1% margin

EPS (Diluted)

$0.34

Cash Flow

Operating Cash Flow

$111M

Free Cash Flow

$93M

Stock-Based Comp.

$285,000

Balance Sheet

Total Assets

$974M

Total Liabilities

$375M

Stockholders' Equity

$599M

Cash & Equivalents

$58M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$355M	$317M	+11.8%
Gross Profit	$99M	$45M	+117.4%
Operating Income	$81M	$32M	+154.1%
Net Income	$50M	-$10M	+583.3%