Nordic American Tankers
NAT
#5111
Rank
$0.74 B
Marketcap
🇧🇲 Bermuda
Country
$3.59
Share price
1.70%
Change (1 day)
66.20%
Change (1 year)
Operating Margin for Nordic American Tankers (NAT)
Operating Margin as of June 2023 (TTM): -89.63%
According to Nordic American Tankers's latest financial reports and stock price the company's current Operating Margin is -89.63%. At the end of 2021 the company had an Operating Margin of -89.63%.
Operating Margin history for Nordic American Tankers from 2013 to 2012
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -89.63% | -734.49% |
| 2020 | 14.13% | -535.89% |
| 2019 | -3.24% | -89.3% |
| 2018 | -30.30% | -54.18% |
| 2017 | -66.11% | -658.84% |
| 2016 | 11.83% | -55% |
| 2015 | 26.29% | -739.76% |
| 2014 | -4.11% | -90.49% |
| 2013 | -43.23% | -22.82% |
| 2012 | -56.01% | -26.57% |
| 2011 | -76.27% | -12493.67% |
| 2010 | 0.62% | -68.35% |
| 2009 | 1.94% | -96.62% |
| 2008 | 57.60% | 102.3% |
| 2007 | 28.48% | -25.84% |
| 2006 | 38.40% | -2.92% |
| 2005 | 39.55% | -34.64% |
| 2004 | 60.51% | -19.53% |
| 2003 | 75.19% | 53.48% |
| 2002 | 48.99% | -28.33% |
| 2001 | 68.36% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 DHT Holdings DHT | -3.76% | -95.80% | 🇧🇲 Bermuda |
 Golar LNG
GLNG | 0.00% | N/A | 🇧🇲 Bermuda |
 Teekay Tankers TNK | -45.04% | -49.75% | 🇨🇦 Canada |
 Teekay TK | -41.38% | -53.83% | 🇨🇦 Canada |
 SFL Corp
SFL | 32.01% | -135.71% | 🇧🇲 Bermuda |
 Frontline FRO | 33.08% | -136.91% | 🇧🇲 Bermuda |
 Ardmore Shipping
ASC | 31.15% | -134.75% | 🇧🇲 Bermuda |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.