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Navigator Holdings Ltd.

NVGS

Energy Oil & Gas Midstream

Navigator Holdings Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $587.0 million, up 3.58% from fiscal 2024.

Revenue
+1.27%
EPS
+160.4%
Free cash flow
+285.6%
Total debt
−18.3%

Quarter to September 2026, against a year earlier

20.37 0.53 +2.67%
Market cap
$1.2B
P/E
6.6×
Fwd P/E
5.6×
Dividend yield
1.41%
F-score
7/9
ROIC
5.28%
Net debt / EBITDA
2.5×
Dividend safety
70/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Net sold
$990.6K
Trades
4 sells · 0 buys
Ownership
42.0%

Capital & Financial Ratios $m

Size
Market Cap 1,210
Revenue ttm 616
Net income ttm 192
Free cash flow ttm 322
Net debt Q 493
Valuation
P/E 6.6
Forward P/E 5.6
Price / sales 2.0
Forward P/S Powerpack
Price / FCF 3.8
Price / book 0.9
Financial health
Current ratio Q 1.4
Debt / equity Q 0.6
Interest coverage Q 2.8
Growth
Revenue growth Q +1.3% (above 0%: growing)
Operating income growth Q −10.3% (below 0%: shrinking)
EPS, this year +74.4% (at or above 15%: strong)
EPS, next year A −12.1% (below 0%: weak)
Revenue, next year A +2.5%
EPS, past 5 yrs —
EPS, next 5 yrs A +11.8%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates; n/m is not meaningful, as a P/E on a loss. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 2.8×, against a ten-year median of 3.7×; over the ten years it ranged from 2.8× in 2026 to 5.2× in 2017.
P/E against its own 10 years 3.41%
10-year low 10-year high
P/S against its own 10 years 48.28%
10-year low 10-year high
P/B against its own 10 years 82.18%
10-year low 10-year high
EV/Sales against its own 10 years 0.48%
10-year low 10-year high
EV/FCF against its own 10 years 0.11%
10-year low 10-year high

Dividends raised every year since 2023

Yield
1.41%
Annual rate
0.28
Payout ratio
9.47%
Growth, 2023–25
+48.3%/yr
  1. 0.10 ’23
  2. 0.20 ’24 +100
  3. 0.22 ’25 +10
  4. 0.35 ’26e +60
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 158 140 205 269
Receivables 69 46 48 47
Inventory 9 14 15 21
Other 2 6 8 14
255 220 295 377
2023 2024 2025 Q'26
Payables 12 14 13 17
ST’ Debt 120 250 168 175
Other — — 2 —
185 319 251 273

Compound Annual Growth %

10y 5y 3y
Sales 6.41% 12.04% 7.40%
Cash Flow 3.03% 35.18% 15.67%
Earnings 0.20% 0.00% 23.25%
Book Value 3.28% 5.93% 2.31%

Earnings Trends EPS, adjusted, against the consensus

Sep 2026 Estimate 0.38 Actual 0.41

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Dec 2025 0.39 0.32 Miss by 0.07
Mar 2026 0.34 0.50 Beat by 0.16
Jun 2026 0.52 0.85 Beat by 0.33
Sep 2026 0.38 0.41 Beat by 0.03
Dec 2026 0.46 — Reports 10 March 2027

EPS $

Mar Jun Sep Dec Year
’26 0.54 0.85 1.29 — —
’25 0.39 0.31 0.50 0.28 1.47
’24 0.31 0.32 0.26 0.31 1.19
’23 0.25 0.36 0.26 0.24 1.10
’22 0.35 0.18 0.03 0.13 0.69
’21 0.05 0.01 0.10 (0.61) (0.48)
’20 (0.14) 0.05 0.03 0.06 (0.01)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 141 168 155 — —
’25 151 130 153 153 587
’24 134 147 142 144 567
’23 136 135 138 142 551
’22 120 124 107 123 474
’21 86 86 103 132 406
’20 81 82 81 87 332
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 42 54 51 — —
’25 63 40 49 48 202
’24 49 67 49 46 211
’23 39 32 44 59 174
’22 34 26 32 39 130
’21 29 25 7 37 98
’20 19 14 21 (9) 45
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 61 64 159 — —
’25 (41) 58 41 38 96
’24 49 67 28 25 169
’23 (104) 4 44 59 3
’22 60 25 30 8 123
’21 29 24 5 41 99
’20 18 13 22 (11) 42
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 294 299 310 301 332 406 474 551 567 587 616 +8.0% 602 507 505 (4.9%)
Gross margin, % 54.76 47.58 45.70 44.66 44.27 44.88 45.41 54.42 56.38 54.25 53.38 (0.5) pt
EBT 46 6 (5) (15) 1 (38) 35 71 82 110 191 +10.3%
EBT margin, % 15.58 1.91 (1.73) (5.02) 0.38 (9.45) 7.39 12.82 14.39 18.80 30.93 +3.2 pt
Net income 45 5 (6) (17) 1 (29) 55 87 94 106 192 +10.1%
Per share, $
Per share, $ Revenue 5.31 5.38 5.57 5.40 5.95 6.29 6.13 7.43 7.96 8.72 10.07 +5.7%
Earnings 0.81 0.10 (0.10) (0.30) (0.01) (0.48) 0.69 1.11 1.20 1.49 2.99 +7.0%
Cash flow 1.57 1.37 1.39 0.89 0.80 1.51 1.69 2.35 2.96 3.00 3.19 +7.5%
Capex (4.35) (3.32) (0.01) (0.06) (0.04) 0.02 (0.09) (2.31) (0.58) (1.57) 2.07 (10.7%)
Free cash flow (2.78) (1.95) 1.38 0.83 0.76 1.53 1.60 0.04 2.38 1.42 5.26 n/m
Book value 17.26 17.35 17.17 16.85 16.86 17.28 15.19 16.64 17.52 18.66 21.75 +0.9%
Shares, m 55 56 56 56 56 65 77 74 71 67 64 +2.2%
Valuation, ×
Valuation, × P/E 11.67 103.50 0.00 0.00 0.00 0.00 16.74 13.72 12.79 11.70 6.63 17.0
P/S 1.78 1.92 1.69 2.49 1.84 1.41 1.88 2.05 1.93 1.99 1.97 1.9
P/B 0.55 0.60 0.55 0.80 0.65 0.51 0.76 0.92 0.88 0.93 0.91 0.7
EV/Sales 4.12 4.60 4.15 4.96 4.03 3.37 3.26 3.31 3.19 3.17 2.77 3.8
EV/FCF (7.85) (12.68) 16.79 32.19 31.57 13.84 12.53 574.50 10.68 19.41 5.31 69.1
Cash, $m
Cash, $m Operating cash flow 87 76 78 50 45 98 130 174 211 202 195 +9.8%
Capex (241) (184) (1) (3) (2) 1 (7) (171) (41) (106) 127 (8.7%)
Free cash flow (154) (108) 77 46 42 99 123 3 169 96 322 n/m
Balance, $m
Balance, $m Working capital (34) 2 13 17 29 11 69 70 (98) 45 104 n/m
Net debt 687 800 764 743 727 795 653 694 714 695 493 +0.1%
Shareholders’ equity 956 963 955 940 942 1,117 1,173 1,233 1,246 1,257 1,331 +3.1%
Returns, %
Returns, % ROA 2.72 0.30 (0.31) (0.90) (0.02) (1.55) 2.51 3.83 3.90 4.49 8.17 +1.8 pt
ROIC 2.98 1.67 1.51 1.21 1.56 (0.10) 1.91 4.29 4.57 4.56 5.28 +1.6 pt
ROE 4.78 0.55 (0.60) (1.76) (0.05) (3.01) 4.67 6.84 6.90 8.00 14.27 +3.2 pt
People
People Employees 46 60 76 83 80 124 155 175 175 175 — +16.0%
Revenue/emp, $m 6.39 4.98 4.08 3.63 4.16 3.28 3.06 3.15 3.24 3.35 — (6.9%)
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

Navigator Holdings Ltd. vs peers in Oil & Gas Midstream (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
GEL Genesis Energy, L.P. $1.6B 67.7× — (loss-making) +40.98% (above 0%: growing) n/m +2,417.50% (above 0%: growing) 32.06% 19.82% Compare
GLP Global Partners LP $1.5B 9.1× 7.5× +42.39% (above 0%: growing) +240.00% (above 0%: growing) +88,590.38% (above 0%: growing) 4.43% 1.25% Compare
NAT Nordic American Tankers Limited $1.4B 11.3× 8.6× +133.96% (above 0%: growing) n/m +197.49% (above 0%: growing) 83.25% 82.06% Compare
FLNG Flex LNG Ltd. $1.4B 13.7× 11.1× +24.21% (above 0%: growing) +151.52% (above 0%: growing) +185.57% (above 0%: growing) 76.00% 55.68% Compare
PBT Permian Basin Royalty Trust $1.4B 82.7× 21.9× +34.59% (above 0%: growing) +60.00% (above 0%: growing) — 100.00% 92.68% Compare
TEN Tsakos Energy Navigation Ltd $1.3B 4.5× 3.3× +54.37% (above 0%: growing) +556.72% (above 0%: growing) +185.92% (above 0%: growing) 62.31% 54.53% Compare
NVGS Navigator Holdings Ltd. $1.2B 6.6× 5.6× +1.27% (above 0%: growing) +160.38% (above 0%: growing) +285.64% (above 0%: growing) 49.79% 23.29%
TK Teekay Corporation Ltd. $1.1B 8.7× 41.1× −24.36% (below 0%: shrinking) −23.68% (below 0%: shrinking) +211.73% (above 0%: growing) 31.43% 27.41% Compare
SBR Sabine Royalty Trust $958.2M 13.4× 12.4× +16.53% (above 0%: growing) +17.21% (above 0%: growing) — 100.00% 95.66% Compare
Median of peers $1.4B 12.4× 11.1× +37.79% +105.76% +204.61% 69.16% 55.11%

All 57 Oil & Gas Midstream stocks →

Navigator Holdings Ltd. (NVGS) Latest News

8 Nov

Impact 3 · · MarketBeat

4 Nov

Impact 3 · · The Motley Fool transcript
Impact 3 · · Moby

3 Nov

Impact 3 · · Associated Press
Impact 3 · · GlobeNewswire

29 Oct

Impact 3 · · Zacks

27 Oct

Impact 3 · · Zacks

18 Oct

Impact 4 · · Simply Wall St.
Impact 3 · · Simply Wall St.

16 Oct

Impact 4 · · GlobeNewswire

12 Aug

Impact 3 · · The Motley Fool transcript

8 Aug

Impact 3 · · MarketBeat transcript
Impact 3 ·

5 Aug

Impact 3 · · Moby

4 Aug

Impact 3 ·

3 Aug

Impact 4 ·

16 Jul

Impact 3 ·

15 Jul

Impact 4 ·

14 Jul

Impact 4 ·

18 Jun

Impact 4 ·

14 May

Impact 3 · · Simply Wall St.

13 May

Impact 4 · · MarketBeat

9 May

Impact 4 · · Simply Wall St.

7 May

Impact 4 · · Simply Wall St.
Impact 4 · · The Motley Fool transcript

6 May

Impact 4 · · GlobeNewswire
Impact 3 · · Zacks

15 Apr

Impact 4 · · GlobeNewswire

7 Apr

Impact 3 · · GlobeNewswire

30 Mar

Impact 4 · · Simply Wall St.
stockrow.com/NVGS · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com