Source SEC Filings (10-K/10-Q)Updated Dec 31, 2025Currency USDFYE December
This page shows Navios (NMM) financial statements, including the
income statement, balance sheet, cash flow statement, and key financial ratios.
View 17 years of annual fundamentals and quarterly data, with year-over-year
growth rates and compound annual growth rates (CAGR).
All figures are derived from SEC filings (10-K and 10-Q reports).
Navios's revenue grew a modest 0.8% year-over-year to $1.3B. This slow but positive growth earns a score of 35/100.
Leverage
96
Navios carries a low D/E ratio of 0.29, meaning only $0.29 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 96/100, indicating a strong balance sheet with room for future borrowing.
Liquidity
18
Navios's current ratio of 1.13 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 18/100, which could limit financial flexibility.
Returns
30
Navios's ROE of 8.5% shows moderate profitability relative to equity, earning a score of 30/100. This is down from 11.8% the prior year.
Piotroski F-ScoreNeutral
6/9
Navios passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
Earnings QualityCash-Backed
1.77x
For every $1 of reported earnings, Navios generates $1.77 in operating cash flow ($505.0M OCF vs $285.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Navios generated $1.3B in revenue in fiscal year 2025. This represents an increase of 0.8% from the prior year.
EBITDA
N/A
Net Income
$285.3M
YoY-22.3%
10Y CAGR+21.2%
Navios reported $285.3M in net income in fiscal year 2025. This represents a decrease of 22.3% from the prior year.
EPS (Diluted)
N/A
Cash & Balance Sheet
Free Cash Flow
N/A
Cash & Debt
$402.8M
YoY+49.1%
5Y CAGR+83.6%
10Y CAGR+31.2%
Navios held $402.8M in cash against $974.6M in long-term debt as of fiscal year 2025.
Dividends Per Share
N/A
Shares Outstanding
29M
YoY-3.5%
5Y CAGR+20.4%
Navios had 29M shares outstanding in fiscal year 2025. This represents a decrease of 3.5% from the prior year.
Margins & Returns
Gross Margin
90.5%
YoY+1.5pp
5Y CAGR-4.6pp
10Y CAGR-6.3pp
Navios's gross margin was 90.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 1.5 percentage points from the prior year.
Operating Margin
N/A
Net Margin
21.2%
YoY-6.3pp
5Y CAGR+51.4pp
10Y CAGR+2.5pp
Navios's net profit margin was 21.2% in fiscal year 2025, showing the share of revenue converted to profit. This is down 6.3 percentage points from the prior year.
Return on Equity
8.5%
YoY-3.3pp
5Y CAGR+19.0pp
10Y CAGR+2.8pp
Navios's ROE was 8.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 3.3 percentage points from the prior year.
Navios (NMM) reported $1.3B in total revenue for fiscal year 2025. This represents a 0.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Navios's revenue growing?
Navios (NMM) revenue grew by 0.8% year-over-year, from $1.3B to $1.3B in fiscal year 2025.
Is Navios profitable?
Yes, Navios (NMM) reported a net income of $285.3M in fiscal year 2025, with a net profit margin of 21.2%.
How much debt does Navios have?
As of fiscal year 2025, Navios (NMM) had $402.8M in cash and equivalents against $974.6M in long-term debt.
What is Navios's gross margin?
Navios (NMM) had a gross margin of 90.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Navios's net profit margin?
Navios (NMM) had a net profit margin of 21.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Navios's return on equity (ROE)?
Navios (NMM) has a return on equity of 8.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Navios's operating cash flow?
Navios (NMM) generated $505.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Navios's total assets?
Navios (NMM) had $5.9B in total assets as of fiscal year 2025, including both current and long-term assets.
How many shares does Navios have outstanding?
Navios (NMM) had 29M shares outstanding as of fiscal year 2025.
What is Navios's current ratio?
Navios (NMM) had a current ratio of 1.13 as of fiscal year 2025, which is considered adequate.
What is Navios's debt-to-equity ratio?
Navios (NMM) had a debt-to-equity ratio of 0.29 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Navios's return on assets (ROA)?
Navios (NMM) had a return on assets of 4.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Navios's Piotroski F-Score?
Navios (NMM) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Navios's earnings high quality?
Navios (NMM) has an earnings quality ratio of 1.77x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Navios?
Navios (NMM) scores 45 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.
