Nordic American Tankers Ltd (NAT)
3.78
+0.02
(+0.53%)
USD |
NYSE |
Apr 23, 16:00
3.78
0.00 (0.00%)
Pre-Market: 06:37
Nordic American Tankers Gross Profit Margin (Quarterly): 32.85% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 32.85% |
| September 30, 2023 | 43.22% |
| June 30, 2023 | 29.34% |
| March 31, 2023 | 69.37% |
| December 31, 2022 | 17.86% |
| September 30, 2022 | 42.75% |
| June 30, 2022 | 15.89% |
| March 31, 2022 | -90.35% |
| December 31, 2021 | -43.71% |
| September 30, 2021 | -275.6% |
| June 30, 2021 | -109.0% |
| March 31, 2021 | -78.23% |
| December 31, 2020 | -39.76% |
| September 30, 2020 | 6.29% |
| June 30, 2020 | 65.89% |
| March 31, 2020 | 39.44% |
| December 31, 2019 | 25.62% |
| September 30, 2019 | 0.27% |
| June 30, 2019 | -1.57% |
| March 31, 2019 | 24.78% |
| December 31, 2018 | 12.42% |
| September 30, 2018 | -15.15% |
| June 30, 2018 | -14.76% |
| March 31, 2018 | -11.23% |
| December 31, 2017 | -13.92% |
| Date | Value |
|---|---|
| September 30, 2017 | -43.04% |
| June 30, 2017 | -10.66% |
| March 31, 2017 | 8.80% |
| December 31, 2016 | 6.95% |
| September 30, 2016 | -6.08% |
| June 30, 2016 | 24.23% |
| March 31, 2016 | 34.58% |
| December 31, 2015 | 33.08% |
| September 30, 2015 | 29.90% |
| June 30, 2015 | 31.27% |
| March 31, 2015 | 29.34% |
| December 31, 2014 | 6.64% |
| September 30, 2014 | 4.62% |
| June 30, 2014 | -18.80% |
| March 31, 2014 | 10.89% |
| December 31, 2013 | -7.19% |
| September 30, 2013 | -56.95% |
| June 30, 2013 | -26.58% |
| March 31, 2013 | -98.59% |
| December 31, 2012 | -91.85% |
| September 30, 2012 | -4.77% |
| June 30, 2012 | -15.08% |
| March 31, 2012 | -8.52% |
| December 31, 2011 | -367.6% |
| September 30, 2011 | 51.50% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
-275.6%
Minimum
Sep 2021
69.37%
Maximum
Mar 2023
-13.13%
Average
15.89%
Median
Jun 2022
Gross Profit Margin (Quarterly) Benchmarks
| Ardmore Shipping Corp | 56.48% |
| SFL Corp Ltd | 36.65% |
| Stolt-Nielsen Ltd | 25.72% |
| United Maritime Corp | 23.80% |
| Toro Corp | 33.12% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 18.15% |
| Return on Assets | 11.37% |
| Return on Invested Capital | 11.91% |
| Profit Margin (Quarterly) | 18.88% |
| Operating Margin (Quarterly) | 26.54% |
| Return on Net Operating Assets | 12.59% |