NORDIC AMERICAN TANKERS Ltd
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | 64.8% | 14.9% | -1.2% |
| FY2017 | 52.1% | -59.1% | -69.0% |
| FY2018 | 42.9% | -13.4% | -33.0% |
| FY2019 | 55.3% | 10.1% | -3.3% |
| FY2020 | 65.9% | 22.9% | 14.1% |
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | 64.8% | 14.9% | -1.2% |
| FY2017 | 52.1% | -59.1% | -69.0% |
| FY2018 | 42.9% | -13.4% | -33.0% |
| FY2019 | 55.3% | 10.1% | -3.3% |
| FY2020 | 65.9% | 22.9% | 14.1% |