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. In the quarter to June 2026, revenue grew 29.6%, EPS grew 177.4%, free cash flow grew 9.98% and total debt fell 10.3%, each against the same quarter a year earlier. Dividend growth for three consecutive years, revenue growth for five.

21.33 0.59 −2.69%
Market cap
$1.3B
P/E
9.7×
Fwd P/E
7.8×
Dividend yield
1.31%
F-score
7/9
Altman Z
1.43
Beneish M
−2.64
Dividend safety
70/100

Insider Decisions trades per month

Total sells 0.99
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — 2 — — 2 — —
Insider Ownership 43.46%

Capital & Financial Ratios $m

Market Cap 1,330.00
Revenue 614.47
Net Income 148.27
Free Cash Flow 203.63
Net Debt 646.52
Current Ratio 1.71 (at or above 1.5: strong)
Debt/Equity 0.72
P/E ratio 9.74
Fwd P/E 7.83
P/S ratio 2.14
P/B ratio 1.03
Past 5Y EPS Growth —
This Y EPS Growth 87.97% (at or above 15%: strong)
Next Y EPS Growth (20.51%) (below 0%: weak)
Next Y revenue growth (7.83%) (below 0%: weak)
Next 5Y EPS Growth 15.00% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 15.16%
10-year low 10-year high
P/S against its own 10 years 74.94%
10-year low 10-year high
P/B against its own 10 years 94.66%
10-year low 10-year high
EV/Sales against its own 10 years 10.17%
10-year low 10-year high
EV/FCF against its own 10 years 1.64%
10-year low 10-year high

Dividends

Payout Ratio 0.13
Annual Dividend Rate 0.28
Annual Dividend Yield 1.31%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.43
0.07
0.07
0.07
2025 0.22
0.05
0.05
0.05
0.07
2024 0.20
0.05
0.05
0.05
0.05
2023 0.10
0.05
0.05
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 158 140 205 274
Receivables 69 46 48 58
Inventory 9 14 15 19
Other 2 6 8 9
255 220 295 384
2023 2024 2025 Q'26
Payables 12 14 13 14
ST’ Debt 120 250 168 140
Other — — 2 —
185 319 251 224

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%

Revenue $m

Mar Jun Sep Dec Year
’26 141 168 — — —
’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 — — —
’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 — — —
’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.

EPS $

Mar Jun Sep Dec Year
’26 0.54 0.85 — — —
’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) (0.58)
’20 (0.14) 0.05 0.03 0.06 (0.01)
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

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 6.47 7.00 8.70 8.81 3.80 7.84 8.25 11.09 14.55 10.55

Analyst estimates 2026–2028

Powerpack
High 17.67 14.75 13.55 13.99 13.80 12.46 15.21 15.22 18.18 18.29
People
People Employees 46 60 76 83 80 124 155 175 175 175
Revenue/emp, $m 6.39 4.98 4.08 3.63 4.16 3.28 3.06 3.15 3.24 3.35
Income, $m
Income, $m Revenue 294 299 310 301 332 406 474 551 567 587
Gross margin, % 54.76 47.58 45.70 44.66 44.27 44.88 45.41 54.42 56.38 54.25
EBT 46 6 (5) (15) 1 (38) 35 71 82 110
EBT margin, % 15.58 1.91 (1.73) (5.02) 0.38 (9.45) 7.39 12.82 14.39 18.80
Net income 45 5 (6) (17) 1 (29) 55 87 94 106
Depreciation 65 77 78 81 81 92 130 133 137 138
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
Earnings 0.81 0.10 (0.10) (0.30) (0.01) (0.58) 0.69 1.11 1.20 1.49
Cash flow 1.57 1.37 1.39 0.89 0.80 1.51 1.69 2.35 2.96 3.00
Capex (4.35) (3.32) (0.01) (0.06) (0.04) 0.02 (0.09) (2.31) (0.58) (1.57)
Free cash flow (2.78) (1.95) 1.38 0.83 0.76 1.53 1.60 0.04 2.38 1.42
Book value 17.26 17.35 17.17 16.85 16.86 17.28 15.19 16.64 17.52 18.66
Shares, m 55 56 56 56 56 65 77 74 71 67
Valuation, ×
Valuation, × P/E 11.67 103.50 0.00 0.00 0.00 0.00 16.74 13.72 12.79 11.70
P/S 1.78 1.92 1.69 2.49 1.84 1.41 1.88 2.05 1.93 1.99
P/B 0.55 0.60 0.55 0.80 0.65 0.51 0.76 0.92 0.88 0.93
EV/Sales 4.12 4.60 4.15 4.96 4.03 3.37 3.26 3.31 3.19 3.17
EV/FCF (7.85) (12.68) 16.79 32.19 31.57 13.84 12.53 574.50 10.68 19.41
Cash, $m
Cash, $m Operating cash flow 87 76 78 50 45 98 130 174 211 202
Capex (241) (184) (1) (3) (2) 1 (7) (171) (41) (106)
Free cash flow (154) (108) 77 46 42 99 123 3 169 96
Balance, $m
Balance, $m Working capital (34) 2 13 17 29 11 69 70 (98) 45
Total debt 744 862 836 809 786 920 806 853 854 900
Net debt 687 800 764 743 727 795 653 694 714 695
Shareholders’ equity 956 963 955 940 942 1,117 1,173 1,233 1,246 1,257
Returns, %
Returns, % ROA 2.72 0.30 (0.31) (0.90) (0.02) (1.55) 2.51 3.83 3.90 4.49
ROIC 2.98 1.67 1.51 1.21 1.56 (0.10) 1.91 4.29 4.57 4.56
ROE 4.78 0.55 (0.60) (1.76) (0.05) (3.01) 4.67 6.84 6.90 8.00
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

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. $1.7B 74.9× 261× +40.98% (above 0%: growing) n/m +2,417.50% (above 0%: growing) 32.06% 19.82% Compare
GLP Global Partners LP $1.7B 10.1× 10.4× +46.79% (above 0%: growing) +240.00% (above 0%: growing) +36.41% (above 0%: growing) 4.84% 1.58% Compare
NAT Nordic American Tankers Limited $1.7B 13.0× 8.6× +133.96% (above 0%: growing) n/m +197.49% (above 0%: growing) 83.25% 82.06% Compare
PBT Permian Basin Royalty Trust $1.6B 94.7× 21.9× +34.59% (above 0%: growing) +60.00% (above 0%: growing) — 100.00% 92.68% Compare
FLNG Flex LNG Ltd. $1.5B 14.8× 14.3× +24.21% (above 0%: growing) +151.52% (above 0%: growing) +185.57% (above 0%: growing) 76.00% 55.68% Compare
TEN Tsakos Energy Navigation Ltd $1.5B 5.2× 8.0× +54.37% (above 0%: growing) +556.72% (above 0%: growing) +185.92% (above 0%: growing) 62.31% 54.53% Compare
NVGS Navigator Holdings Ltd. $1.3B 9.7× 7.8× +29.55% (above 0%: growing) +177.42% (above 0%: growing) +9.98% (above 0%: growing) 55.10% 28.48%
TK Teekay Corporation Ltd. $1.2B 9.6× 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 $1.1B 14.8× 12.4× +16.53% (above 0%: growing) +17.21% (above 0%: growing) — 100.00% 95.66% Compare
Median of peers $1.5B 13.9× 13.4× +37.79% +105.76% +191.71% 69.16% 55.11%

All 58 Oil & Gas Midstream stocks →

Navigator Holdings Ltd. (NVGS) key facts

  • Strength: Navigator Holdings Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $587.0 million, up 3.58% from fiscal 2024.
  • Navigator Holdings Ltd. (NVGS) is an Oil & Gas Midstream company in the Energy sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, NVGS traded at $21.33, a market capitalization of $1.3 billion.
  • Navigator Holdings Ltd. pays an annual dividend of $0.28 per share, a yield of 1.31%, with a payout ratio of 12.9%.
  • Return on equity was 8.00% and debt-to-equity 0.72.
  • Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 1.43 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Navigator Holdings Ltd. (NVGS) Latest News

12 Aug

13 May

11 May

stockrow.com/NVGS · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com