NAT FY 2023 Earnings — Nordic American Tankers Limited Revenue & Financial Results | Market Cap Arena

NATNordic American Tankers Limited

$1B

FY 2023 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$392M+15.4% YoY

Gross Profit

$151M38.5% margin

Operating Income

$128M32.7% margin

Net Income

$99M25.2% margin

EPS (Diluted)

$0.47

Cash Flow

Operating Cash Flow

$139M

Free Cash Flow

$66M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$879M

Total Liabilities

$341M

Stockholders' Equity

$538M

Cash & Equivalents

$31M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$392M	$339M	+15.4%
Gross Profit	$151M	$55M	+174.3%
Operating Income	$128M	$36M	+253.5%
Net Income	$99M	$15M	+553.7%