NAT FY 2024 Earnings — Nordic American Tankers Limited Revenue & Financial Results | Market Cap Arena

NATNordic American Tankers Limited

$1B

FY 2024 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$350M-10.7% YoY

Gross Profit

$106M30.3% margin

Operating Income

$77M22.1% margin

Net Income

$47M13.3% margin

EPS (Diluted)

$0.22

Cash Flow

Operating Cash Flow

$128M

Free Cash Flow

$126M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$818M

Total Liabilities

$309M

Stockholders' Equity

$509M

Cash & Equivalents

$39M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$350M	$392M	-10.7%
Gross Profit	$106M	$151M	-29.6%
Operating Income	$77M	$128M	-39.5%
Net Income	$47M	$99M	-52.7%