undamentalytics Newsletter
Sign in

Navigator Holdings Ltd. key statistics and ratios

In fiscal 2025, Navigator Holdings Ltd. had return on equity of 8.2%, an operating margin of 28.2%, debt equal to 25.0% of equity and a current ratio of 1.18. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

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

Fiscal year2011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025
Operating margin23.8%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 margin21.0%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 margin50.6%−63.0%−145.2%42.5%46.4%28.9%24.8%24.8%16.4%——17.9%−3.1%37.2%19.9%
Return on equity5.0%7.4%7.2%11.4%11.4%4.8%0.6%−0.6%−1.8%−0.0%−3.0%4.7%7.0%7.1%8.2%
Return on assets—3.7%3.9%6.5%6.7%2.7%0.3%−0.3%−0.9%−0.0%−1.5%2.5%3.8%3.9%4.5%
Asset turnover—0.180.220.230.210.180.170.170.160.180.200.220.260.260.26
Current ratio—3.982.521.051.400.731.021.121.151.271.051.431.380.691.18
Debt to equity0.0%54.3%62.4%51.6%55.5%65.7%80.2%70.7%76.3%72.9%73.3%65.6%67.5%62.6%25.0%
Interest cover (operating income ÷ interest)8.7x4.5x2.5x4.3x4.6x2.4x1.3x0.9x0.7x1.0xn/m1.2x2.1x2.6x3.0x
Effective tax rate0.6%1.7%1.2%1.0%0.8%2.6%7.0%——48.2%—17.0%6.1%5.4%11.3%
Capital spending as % of revenue0.1%100.5%178.8%1.1%1.1%0.6%0.6%0.2%0.1%——9.6%34.8%0.0%14.5%
Free cash flow ÷ net income240.9%−302.9%−820.4%147.7%149.0%190.5%>999%————158.2%−21.0%246.0%116.5%
Dividends ÷ net income51.7%7.9%—————————0.0%8.9%16.7%14.7%
Dividends and buybacks ÷ free cash flow21.5%——————————0.0%—6.8%12.7%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

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.

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.

Compare with peers

Head to head: LPG vs NVGSCMDB vs NVGSNVGS vs PANL

More: Marine Transportation stocks compared, Industrials sector, rankings of US companies

Figures from Navigator Holdings Ltd.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Navigator Holdings Ltd.