NVGS
Navigator Holdings Ltd
NYSE: NVGS · ENERGY · OIL & GAS MIDSTREAM
$21.80
+1.16% today
Updated 2026-04-30
Market cap
$1.41B
P/E ratio
14.66
P/S ratio
2.40x
EPS (TTM)
$1.47
Dividend yield
1.30%
52W range
$13 – $22
Volume
0.4M
Navigator Holdings Ltd (NVGS) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $51.40M | $59.68M | $72.53M | $82.02M | $88.87M | $146.72M | $238.34M | $304.87M | $315.22M | $294.11M | $298.60M | $310.05M | $301.38M | $332.50M | $406.48M | $473.79M | $550.74M | $566.68M | $586.96M |
| Revenue growth (YoY) | — | +16.1% | +21.5% | +13.1% | +8.4% | +65.1% | +62.4% | +27.9% | +3.4% | -6.7% | +1.5% | +3.8% | -2.8% | +10.3% | +22.3% | +16.6% | +16.2% | +2.9% | +3.6% |
| Cost of revenue | $11.26M | $17.65M | $20.39M | $38.78M | $59.62M | $96.08M | $153.06M | $170.12M | $165.98M | $195.34M | $230.10M | $244.49M | $242.96M | $261.97M | $312.54M | $384.88M | $380.22M | $247.18M | $410.39M |
| Gross profit | $40.14M | $42.03M | $52.14M | $43.24M | $29.25M | $50.63M | $85.27M | $134.75M | $149.24M | $98.78M | $68.50M | $65.55M | $58.43M | $70.52M | $93.95M | $88.92M | $170.51M | $319.50M | $176.57M |
| Gross margin | 78.1% | 70.4% | 71.9% | 52.7% | 32.9% | 34.5% | 35.8% | 44.2% | 47.3% | 33.6% | 22.9% | 21.1% | 19.4% | 21.2% | 23.1% | 18.8% | 31.0% | 56.4% | 30.1% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $1.78M | $2.84M | $4.62M | $4.04M | $4.23M | $5.27M | $6.15M | $10.34M | $11.01M | $14.50M | $15.95M | $18.93M | $20.88M | $23.87M | $28.88M | $27.44M | $31.21M | $36.58M | $36.35M |
| Operating income | $25.13M | $19.30M | $29.13M | $17.46M | $21.19M | $39.72M | $70.16M | $115.46M | $128.62M | $77.96M | $47.18M | $41.48M | $32.61M | $41.75M | $-2.95M | $60.66M | $137.23M | $143.18M | $140.22M |
| Operating margin | 48.9% | 32.3% | 40.2% | 21.3% | 23.8% | 27.1% | 29.4% | 37.9% | 40.8% | 26.5% | 15.8% | 13.4% | 10.8% | 12.6% | -0.7% | 12.8% | 24.9% | 25.3% | 23.9% |
| EBITDA | $37.88M | $38.20M | $44.63M | $35.35M | $39.88M | $63.97M | $103.67M | $157.37M | $180.43M | $140.42M | $116.99M | $115.68M | $109.66M | $119.04M | $88.77M | $209.26M | $264.71M | $270.42M | $274.72M |
| EBITDA margin | 73.7% | 64.0% | 61.5% | 43.1% | 44.9% | 43.6% | 43.5% | 51.6% | 57.2% | 47.7% | 39.2% | 37.3% | 36.4% | 35.8% | 21.8% | 44.2% | 48.1% | 47.7% | 46.8% |
| EBIT | $26.80M | $26.28M | $29.24M | $17.46M | $21.20M | $39.79M | $67.06M | $111.56M | $126.98M | $78.14M | $43.40M | $39.54M | $33.48M | $42.36M | $288000.00 | $83.04M | $135.50M | $137.69M | $140.22M |
| Interest expense | $0.00 | $999295.00 | $2.44M | $2.35M | $2.44M | $8.74M | $27.56M | $27.05M | $28.09M | $32.32M | $37.69M | $44.91M | $48.61M | $41.08M | $38.68M | $48.00M | $64.92M | $56.14M | $55.78M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $26.75M | $2.23M | $26.71M | $15.00M | $18.65M | $30.54M | $40.98M | $84.47M | $98.09M | $44.64M | $5.31M | $-5.74M | $-16.71M | $-443000.00 | $-30.96M | $53.47M | $82.25M | $85.57M | $100.12M |
| Net income growth (YoY) | — | -91.7% | +1098.7% | -43.8% | +24.3% | +63.7% | +34.2% | +106.1% | +16.1% | -54.5% | -88.1% | -208.1% | -191.1% | +97.3% | -6889.6% | +272.7% | +53.8% | +4.0% | +17.0% |
| Profit margin | 52.0% | 3.7% | 36.8% | 18.3% | 21.0% | 20.8% | 17.2% | 27.7% | 31.1% | 15.2% | 1.8% | -1.9% | -5.5% | -0.1% | -7.6% | 11.3% | 14.9% | 15.1% | 17.1% |