undamentalytics Newsletter
Sign in

Navigator Holdings Ltd. (NVGS) stock

Add to watchlist

Add holding +

NYSE: NVGS NYSE Marine Transportation Next results ~November 3, 2026

B Fundamentals grade

Navigator Holdings Ltd. is a US-listed company in the marine transportation industry. Its financial year ends in December.

Stock price today

Loading chart…

Third-party market data · may be delayed

Fair value per share

Under review: our cash-flow value ($44.85) was left out of our combined valuation (it is more than 3x away from the median of our other models), so it can't be the basis of a rating.

Price vs value

Under review: our cash-flow value ($44.85) was left out of our combined valuation (it is more than 3x away from the median of our other models), so it can't be the basis of a rating. We'll show the comparison once resolved.

Navigator Holdings Ltd. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 3 selling0 purchases and 4 sales by directors and officers, last 12 monthsInsider trades
  • Funds105 adding, 69 cuttingOf 46 active managers that changed their stake, 33 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Navigator Holdings files

Where Navigator stands after its latest Filing

Revenue for the twelve months was $587m, up 3.6% on a year earlier, faster than the 2.9% growth a quarter earlier. Free-cash-flow margin rose to 19.9% from 16.4% a year earlier. Operating margin widened to 28.2% from -0.7%. The diluted share count is down 5.3% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades B. It passes 4 of our 7 financial-health checks.

Our model value for Navigator Holdings is under review, so past values are not shown until it is resolved.

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 3, 2026 (estimated)

Navigator Holdings Ltd.'s trailing-twelve-month revenue grew 3.6% year on year, with a free-cash-flow margin of 19.9%. Where it stands out: change in share count of -5.3% ranks 5 of 39 marine transportation companies we cover.

Our discounted-cash-flow model values the business at ~$45 per share in the base case (~$33–$60 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 44.6% while net income grew 17.0%: a 62pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • High operating margin. 28.2% of revenue is left as operating profit, against a median of 19.8% for marine transportation companies we cover.
  • Shrinking share count. Diluted shares fell 5.3% in a year, so each share owns more of the business.

Things to watch

  • Missing expectations. Earnings per share fell short of the consensus estimate in 2 of the last four quarters.
  • Earnings expected to fall. The consensus expects earnings per share to fall 3% next year.

Latest results

Earnings per share
$0.85 against an average estimate of $0.53: beat by 58.9%
Next report
November 3, 2026; average EPS estimate $0.41

Navigator Holdings' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-7.0%
  • 1 week-7.7%
  • 1 month-16.1%
  • This year+16.6%
  • 1 year+23.4%
  • 5 years+150.2%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$587M
Operating margin
28.2%
Net margin
17.1%
EPS (TTM, diluted)
$1.47

Growth

Revenue growth
+3.6%
Change in growth rate
+0.7 pts
Share count change
−5.3%

Cash

Free cash flow (TTM)
$117M
FCF margin
19.9%
Stock pay % of revenue
0.3%

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

No recent updates are available for NVGS from the sources we follow. See filings →

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Navigator Holdings Ltd. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: our cash-flow value ($44.85) was left out of our combined valuation (it is more than 3x away from the median of our other models), so it can't be the basis of a rating.

Our value per share comes from a discounted-cash-flow model of Navigator Holdings Ltd.'s free cash flow after stock-based pay ( $153M, FY2025 Q4 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Navigator Holdings Ltd. as an operating company, with every model that fits that kind of business. Cost of equity 8.6%: the 10-year Treasury yield (4.9%) plus a beta of 0.82 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$45 ~$33–$60 Left out: far from the other models (more than 3x away from their median)
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$15 ~$13–$24 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$10 ~$6.6–$17 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$6.1 ~$5.2–$7.4 Included
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Navigator Holdings Ltd. with Marine Transportation in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025
Share price$13.07$8.90$9.43$9.00$12.90$10.48$8.49$11.45$14.03$14.98$17.15
Market value$728m$497m$527m$501m$720m$586m$549m$888m$1.0bn$1.1bn$1.2bn
+ Net debt (− = net cash)$418m$572m$710m$604m$653m$627m$692m$615m$654m$624m$151m
Enterprise value$1.1bn$1.1bn$1.2bn$1.1bn$1.4bn$1.2bn$1.2bn$1.5bn$1.7bn$1.7bn$1.3bn
Multiples
Price / sales 2.3x1.7x1.8x1.6x2.4x1.8x1.4x1.9x1.9x1.9x2.0x
Price / earnings 7.4x11.1x99.2x————16.6x12.7x12.6x11.7x
Price / free cash flow 5.0x5.8x7.1x6.5x14.6x——10.5x—5.1x10.0x
EV / EBITDA 6.3x7.6x10.2x9.4x12.6x10.2x14.5x8.0x6.4x6.2x4.4x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 3, 2026, after the close. Analysts expect revenue of $142m and EPS of $0.41 (range $0.37 to $0.49) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $1.82 +54% $543m +8%
Next $1.77 −3% $521m −4%

Next year's EPS estimate has moved −2.1% in 90 days, across 5 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −9.9% on 90 days ago. In the last 30 days, 3 analysts raised Navigator Holdings Ltd.'s forecast and 1 cut it.

Consensus EPS forecast Navigator Holdings Ltd., last 90 days
$1.70 $1.80 $1.90 $2.00 $2.10 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $2.02 Current fiscal year, 60 days ago: $1.78 Current fiscal year, 30 days ago: $1.78 Current fiscal year, 7 days ago: $1.81 Current fiscal year, Now: $1.82 $1.82 Next fiscal year, 90 days ago: $1.81 Next fiscal year, 60 days ago: $1.74 Next fiscal year, 30 days ago: $1.74 Next fiscal year, 7 days ago: $1.73 Next fiscal year, Now: $1.77 $1.77

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $2.02$1.81
60 days ago $1.78$1.74
30 days ago $1.78$1.74
7 days ago $1.81$1.73
Now $1.82$1.77

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $0.53 $0.85 +58.9%
Mar 2026 $0.30 $0.50 +65.5%
Dec 2025 $0.40 $0.32 −20.5%
Sept 2025 $0.37 $0.36 −2.2%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

6 analysts, Oct 2026
Buy583%
Hold117%
Sell00%

Monthly trend

  1. Oct 20261416
  2. Sep 20261416
  3. Aug 20261416
  4. Jul 20261416

Counts of recommendations published by analysts covering Navigator Holdings Ltd., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
5.6%
of tradable shares
Days to cover
2.6
at average volume
Short interest, 1 month
−9%
to October 15, 2026
Held by institutions
45%
of shares
Held by insiders
41.6%
of shares
Employees
1,975
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
NVGS−19%+35%+23%+7%+14%+17%
Industry peers (median)+27%+10%+20%−11%+22%+33%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
NVGS42%58%67%50%50%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
NVGS−32%−33%−15%−18%−36%−23%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 78% from March 7, 2016 to March 18, 2020. Getting back needed a 353% gain, reached on May 21, 2024, 1525 days after the low.

Price behaviour

52-week range
$16.15 – $25.06
From 52-week high
−20.2%
vs 50-day average
−12.1%
vs 200-day average
−5.2%
Volatility (1 year)
32%
Beta vs S&P 500
0.38

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Navigator Holdings Ltd. in five measures

Fundamentals grade B
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Navigator Holdings Ltd.
$200M $300M $400M $500M $600M FY14 Q4 FY17 Q4 FY20 Q4 FY25 Q4 Revenue (TTM), FY14 Q4: $304.9M Revenue (TTM), FY15 Q4: $315.2M Revenue (TTM), FY16 Q4: $294.1M Revenue (TTM), FY17 Q4: $298.6M Revenue (TTM), FY18 Q4: $310M Revenue (TTM), FY19 Q4: $301.4M Revenue (TTM), FY20 Q4: $332.5M Revenue (TTM), FY21 Q4: $406.5M Revenue (TTM), FY22 Q4: $473.8M Revenue (TTM), FY23 Q4: $550.7M Revenue (TTM), FY24 Q4: $566.7M Revenue (TTM), FY25 Q4: $587M $587M

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Revenue (TTM)
FY14 Q4 $304.9M
FY15 Q4 $315.2M
FY16 Q4 $294.1M
FY17 Q4 $298.6M
FY18 Q4 $310M
FY19 Q4 $301.4M
FY20 Q4 $332.5M
FY21 Q4 $406.5M
FY22 Q4 $473.8M
FY23 Q4 $550.7M
FY24 Q4 $566.7M
FY25 Q4 $587M
Revenue growth, TTM YoY Navigator Holdings Ltd.
-10% 0% 10% 20% 30% FY14 Q4 FY17 Q4 FY20 Q4 FY25 Q4 Revenue growth, TTM YoY, FY14 Q4: 27.9% Revenue growth, TTM YoY, FY15 Q4: 3.4% Revenue growth, TTM YoY, FY16 Q4: -6.7% Revenue growth, TTM YoY, FY17 Q4: 1.5% Revenue growth, TTM YoY, FY18 Q4: 3.8% Revenue growth, TTM YoY, FY19 Q4: -2.8% Revenue growth, TTM YoY, FY20 Q4: 10.3% Revenue growth, TTM YoY, FY21 Q4: 22.3% Revenue growth, TTM YoY, FY22 Q4: 16.6% Revenue growth, TTM YoY, FY23 Q4: 16.2% Revenue growth, TTM YoY, FY24 Q4: 2.9% Revenue growth, TTM YoY, FY25 Q4: 3.6% 3.6%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Revenue growth, TTM YoY
FY14 Q4 27.9%
FY15 Q4 3.4%
FY16 Q4 -6.7%
FY17 Q4 1.5%
FY18 Q4 3.8%
FY19 Q4 -2.8%
FY20 Q4 10.3%
FY21 Q4 22.3%
FY22 Q4 16.6%
FY23 Q4 16.2%
FY24 Q4 2.9%
FY25 Q4 3.6%
Operating margin (TTM) Navigator Holdings Ltd.
-20% 0% 20% 40% 60% FY14 Q4 FY17 Q4 FY20 Q4 FY25 Q4 Operating margin (TTM), FY14 Q4: 37.9% Operating margin (TTM), FY15 Q4: 40.8% Operating margin (TTM), FY16 Q4: 26.5% Operating margin (TTM), FY17 Q4: 15.8% Operating margin (TTM), FY18 Q4: 13.4% Operating margin (TTM), FY19 Q4: 10.8% Operating margin (TTM), FY20 Q4: 12.6% Operating margin (TTM), FY21 Q4: -0.7% Operating margin (TTM), FY22 Q4: 12.8% Operating margin (TTM), FY23 Q4: 24.9% Operating margin (TTM), FY24 Q4: 25.3% Operating margin (TTM), FY25 Q4: 28.2% 28.2%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Operating margin (TTM)
FY14 Q4 37.9%
FY15 Q4 40.8%
FY16 Q4 26.5%
FY17 Q4 15.8%
FY18 Q4 13.4%
FY19 Q4 10.8%
FY20 Q4 12.6%
FY21 Q4 -0.7%
FY22 Q4 12.8%
FY23 Q4 24.9%
FY24 Q4 25.3%
FY25 Q4 28.2%
FCF margin (TTM) Navigator Holdings Ltd.
-150% -100% -50% 0% 50% FY12 Q4 FY15 Q4 FY18 Q4 FY25 Q4 FCF margin (TTM), FY12 Q4: -63.0% FCF margin (TTM), FY13 Q4: -145.2% FCF margin (TTM), FY14 Q4: 42.5% FCF margin (TTM), FY15 Q4: 46.4% FCF margin (TTM), FY16 Q4: 28.9% FCF margin (TTM), FY17 Q4: 24.8% FCF margin (TTM), FY18 Q4: 24.8% FCF margin (TTM), FY19 Q4: 16.4% FCF margin (TTM), FY22 Q4: 17.9% FCF margin (TTM), FY23 Q4: -3.1% FCF margin (TTM), FY24 Q4: 37.2% FCF margin (TTM), FY25 Q4: 19.9% 19.9%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period FCF margin (TTM)
FY12 Q4 -63.0%
FY13 Q4 -145.2%
FY14 Q4 42.5%
FY15 Q4 46.4%
FY16 Q4 28.9%
FY17 Q4 24.8%
FY18 Q4 24.8%
FY19 Q4 16.4%
FY22 Q4 17.9%
FY23 Q4 -3.1%
FY24 Q4 37.2%
FY25 Q4 19.9%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 20-F. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Navigator Holdings took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $587M
  2. Selling, general and admin $36.4M · 6.2%
  3. Other operating costs $385M · 65.6%
  4. Operating income $165M · 28.2%
  5. Income tax $12.5M · 2.1%
  6. Interest and other $52.8M · 9.0%
  7. Net income $100M · 17.1%

Shares of revenue. Source: Navigator Holdings's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025
Income
Revenue 89 147 238 305 315 294 299 310 301 332 406 474 551 567 587
EBITDA 40 64 107 161 182 140 121 118 109 118 86 187 266 276 300
Operating income 21 40 70 115 129 78 47 41 33 42 −3 61 137 143 165
Net income 19 31 42 88 98 45 5 −6 −17 −0 −31 53 82 86 100
Diluted EPS $0.60 $0.82 $0.92 $1.58 $1.76 $0.80 $0.10 −$0.10 −$0.30 −$0.01 −$0.48 $0.69 $1.10 $1.19 $1.47
Growth (year on year)
Revenue — +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%
EBITDA — +60.3% +67.1% +51.0% +12.9% −23.0% −13.9% −2.6% −7.5% +8.9% −27.8% +118.5% +42.5% +3.6% +8.7%
Operating income — +87.4% +76.6% +64.6% +11.4% −39.4% −39.5% −12.1% −21.4% +28.0% −107.1% — +126.1% +4.4% +15.5%
Net income — +63.7% +38.2% +108.0% +11.8% −54.5% −88.1% — — — — — +53.8% +4.0% +17.0%
Diluted EPS — +36.7% +12.2% +71.7% +11.4% −54.5% −87.5% — — — — — +59.4% +8.2% +23.5%
Margins
EBITDA margin 44.9% 43.6% 44.8% 52.9% 57.8% 47.7% 40.4% 37.9% 36.1% 35.6% 21.0% 39.4% 48.4% 48.7% 51.1%
Operating margin 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% 28.2%
Net margin 21.0% 20.8% 17.7% 28.8% 31.1% 15.2% 1.8% −1.9% −5.5% −0.1% −7.6% 11.3% 14.9% 15.1% 17.1%
Free-cash-flow margin 50.6% −63.0% −145.2% 42.5% 46.4% 28.9% 24.8% 24.8% 16.4% — — 17.9% −3.1% 37.2% 19.9%
Cash flow
Cash from operations 45 55 80 133 150 87 76 78 50 45 98 130 174 211 202
Capital spending 0 147 426 4 3 2 2 1 0 — — 46 192 0 85
Free cash flow 45 −92 −346 130 146 85 74 77 49 — — 85 −17 211 117
Stock-based pay 1 1 1 1 2 2 1 1 2 1 1 1 1 1 2
Free cash flow after stock pay 44 −93 −347 128 145 83 73 76 48 — — 84 −19 209 115
Balance sheet
Cash 27 141 195 63 88 57 62 71 64 59 124 147 150 131 155
Total debt 0 243 450 418 505 629 772 676 717 686 816 762 804 755 306
Net debt (negative = net cash) −27 102 256 355 418 572 710 604 653 627 692 615 654 624 151
Diluted shares 31m 37m 46m 55m 56m 56m 56m 56m 56m 56m 65m 78m 75m 72m 68m
Returned to shareholders
Dividends 10 2 — — — — — — — — 0 0 7 14 15
Total returned 10 2 — — — — — — — — 0 0 7 14 15

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

4 of 7 checks passed · December 31, 2025
What it owns · $2.3bn
Short-term assets $295mLonger-term assets $2.0bn
What it owes, and who funded it · $2.2bn
Short-term liabilities $251mLonger-term liabilities $771mShareholders' equity $1.2bn
  • Short-term assets cover short-term liabilities $295m of assets due within a year against $251m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $295m short-term assets against $771m of longer-dated liabilities.
  • More cash than debt $155m of cash against $306m of debt.
  • Debt below 40% of shareholders' equity Debt is 25% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 65% to 25% over five years.
  • A year's operating cash flow covers at least 20% of debt $202m of operating cash flow against $306m of debt.
  • Operating profit covers interest at least five times over Operating income of $165m against $56m of interest.

From Navigator Holdings Ltd.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Dividends (TTM)
$14.8M
Returned to shareholders
13%
of free cash flow
Diluted share count
−5.3%
year over year
Total shareholder yield
1.1%
dividends 1.1% + buybacks 0.0% of market value
Dividend payout ratio
15%
of net income paid out
Days sales outstanding
22 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in marine transportation
Last 12 months unless stated NVGS LPG CMDB PANL SFL GSL Median
Revenue, last 12 months $587m $585m $597m $710m $733m $766m $329m
Revenue growth, last 12 months 3.6% 81.1% — 22.5% −18.9% 7.8% 0.8%
Revenue growth, 3-year average 35.0% 11.3% — 9.3% 39.4% 74.9% 16.8%
Revenue growth, latest quarter — 123.1% — 19.4% — — 43.1%
Operating margin 28.2% 55.0% −5.1% 9.3% 18.6% 56.8% 18.6%
Operating margin, 3-year average 14.4% 45.3% — 8.4% 35.5% 33.4% 13.1%
Net margin 17.1% 55.0% −6.3% 6.7% −3.6% 54.3% 13.3%
Cash from operations / revenue 34.4% 41.0% 12.7% 9.8% 36.4% 68.9% 33.1%
Free-cash-flow margin 19.9% 28.8% 7.9% 9.8% 4.4% 67.1% 14.2%
Free-cash-flow margin, 3-year average 27.5% 33.6% — 10.4% 19.4% 54.5% 9.4%
Stock pay / revenue 0.3% 1.9% 0.4% 0.6% 0.1% 1.8% 0.7%
Change in share count −5.3% 0.2% >999% 18.4% 2.4% — 0.5%

Median of all 42 companies we cover in marine transportation. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

42 marine transportation companies
Measure Company Peer median Rank
Revenue growth Growth 3.6% 0.8% 16 of 40
Change in growth rate Growth +0.7pp +0.7pp 20 of 40
Operating margin Profitability 28.2% 19.8% 16 of 40
Net margin Profitability 17.1% 13.4% 16 of 42
Free-cash-flow margin Cash generation 19.9% 13.6% 16 of 41
Stock pay as % of revenue Cash generation 0.3% 0.9% 9 of 34
Long-term debt as % of assets Balance sheet 6.1% 24.2% 5 of 35
Change in share count Balance sheet -5.3% 0.5% 5 of 39
Days sales outstanding Balance sheet 22 days 19 days 18 of 33

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Who owns it

Funds buying and selling
Reported value
$491M
Institutions reporting
173
Shares held vs prior quarter
▲ 5.2%
Positions opened / closed
25 / 29

Top buyers and sellers, Q2 2026: 105 institutions bought and 69 sold ; the biggest buyer was First Eagle Investment Management, LLC (+1.3M shares) and the biggest seller Gagnon Securities LLC (−887K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $39.8M 2.1M 8.1% ▲ 43.7%
First Eagle Investment Management, LLC $38.4M 2.1M 7.8% ▲ 164.1%
Acadian Asset Management LLC $36.2M 1.9M 7.4% ▲ 14.8%
First Manhattan Co. Llc. $21.5M 1.2M 4.4% ▼ 12.9%
Royce & Associates LP $18.8M 1.0M 3.8% ▲ 16.5%
Two Sigma Investments, LP $17.6M 947K 3.6% ▲ 115.6%
Qube Research & Technologies Ltd $16M 859K 3.3% ▲ 206.3%
LSV Asset Management $13.5M 722K 2.7% ▲ 7.6%
Jane Street Group, LLC $13.4M 720K 2.7% ▲ 154.5%
FMR LLC $12.7M 683K 2.6% ▲ 0.7%
American Century Companies Inc $10.8M 579K 2.2% ▲ 82.3%
State Street Corp $10.3M 553K 2.1% ▲ 28.0%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Navigator Holdings Ltd.'s complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $990,570 4 trades by 3 insiders · 0% under pre-set plans
Net ▼ $990,570 net selling
Insider Date Trade Shares Price Value
Lindeman Oeyvind Chief Commercial Officer August 20, 2026 Sell 7,500 $21.68 $162,600
Stokes Peter George Charles Andrew Director August 12, 2026 Sell 5,000 $20.28 $101,400
Lindeman Oeyvind Chief Commercial Officer May 29, 2026 Sell 6,259 $21.70 $135,820
Schroder Michael Chief Operating Officer May 20, 2026 Sell 25,000 $23.63 $590,750

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 8 trades and filings

No trades in Navigator Holdings Ltd. disclosed in the last 12 months; 8 earlier trades on record.

  • Tom Malinowski(D-NJ 7):Purchase, $1,001 - $15,000, traded December 14, 2020, filed March 5, 2021
  • Tom Malinowski(D-NJ 7):Purchase, $1,001 - $15,000, traded November 17, 2020, filed March 5, 2021
  • Tom Malinowski(D-NJ 7):Purchase, $1,001 - $15,000, traded June 3, 2020, filed August 26, 2021

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Recent SEC filings

Data status

When each part of this page on Navigator Holdings Ltd. was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Navigator Holdings Ltd. in brief

What does Navigator Holdings Ltd. do?
Navigator Holdings Ltd. is a US-listed company in the marine transportation industry. Its financial year ends in December.
What is Navigator Holdings Ltd.'s stock ticker?
Navigator Holdings Ltd. trades under the ticker NVGS on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Navigator Holdings Ltd.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Navigator Holdings Ltd. reported revenue of $587M, 3.6% higher than a year earlier, according to its SEC filings.
What is Navigator Holdings Ltd.'s free cash flow?
Navigator Holdings Ltd.'s free-cash-flow margin is 19.9% of revenue over the trailing twelve months, ranking 16 of the 41 marine transportation companies we cover.
Who are Navigator Holdings Ltd.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., First Eagle Investment Management, LLC and Acadian Asset Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Navigator Holdings Ltd.'s market cap?
On December 31, 2025, Navigator Holdings Ltd.'s market capitalisation was about $1.2B, with a price-to-earnings ratio of 11.7 and net debt of $151M. Market figures come from third-party market data and may be delayed.
Does Navigator Holdings Ltd. pay a dividend?
Yes: Navigator Holdings Ltd. paid $14.8M in dividends over the trailing twelve months, a dividend yield of 1.13% and a payout ratio of 14.7%.
How much debt does Navigator Holdings Ltd. have?
Navigator Holdings Ltd.'s debt-to-equity ratio is 25.0%, from its latest balance sheet (65.3% five years earlier). The financial health section below sets out its other solvency checks.
Who are Navigator Holdings Ltd.'s competitors?
In our Marine Transportation peer group, the companies closest to Navigator Holdings Ltd. are Dorian LPG LTD., Costamare Bulkers Holdings Ltd, Pangaea Logistics Solutions Ltd., SFL Corp Ltd. and Global Ship Lease, Inc. The side-by-side comparison below sets their revenue, margins and growth against Navigator Holdings Ltd.'s.
Are insiders buying or selling Navigator Holdings Ltd. stock?
Over the last 12 months, Navigator Holdings Ltd.'s directors and officers reported 0 open-market purchases and 4 sales on Form 4. The insider trading page charts every trade.
When is Navigator Holdings Ltd.'s next earnings date?
Around November 3, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Navigator Holdings Ltd. announces its own schedule.