Nordic American Tankers Ltd (NAT)
2.44
-0.03
(-1.21%)
USD |
NYSE |
Dec 20, 16:00
2.47
+0.03
(+1.23%)
After-Hours: 20:00
Nordic American Tankers Profit Margin (Quarterly): 16.69% for Sept. 30, 2024
Profit Margin (Quarterly) Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Data
Profit Margin Definition
Profit Margin is calculated using Net Income/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into profit. An analyst looking at profit margin might look for a higher profit margin relative to other comparable companies as well as a profit margin that is growing.
Profit Margin (Quarterly) Range, Past 5 Years
--
Minimum
--
Maximum
--
Average
--
Median
Profit Margin (Quarterly) Benchmarks
Golar LNG Ltd | -53.67% |
Frontline PLC | 12.33% |
BP Prudhoe Bay Royalty Trust | -- |
Marine Petroleum Trust | 81.52% |
Plains GP Holdings LP | 0.26% |
Profit Margin (Quarterly) Related Metrics
Return on Equity | 11.92% |
Return on Assets | 7.33% |
Return on Invested Capital | 7.76% |
Gross Profit Margin (Quarterly) | 42.38% |
Operating Margin (Quarterly) | 31.17% |
Return on Net Operating Assets | 7.93% |