Navigator Hldgs Ltd Financials
This page shows Navigator Hldgs Ltd (NVGS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 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).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Navigator Hldgs Ltd has an operating margin of 25.3%, meaning the company retains $25 of operating profit per $100 of revenue. This strong profitability earns a score of 100/100, reflecting efficient cost management and pricing power. This is up from 24.9% the prior year.
Navigator Hldgs Ltd's revenue grew a modest 2.9% year-over-year to $566.7M. This slow but positive growth earns a score of 37/100.
Navigator Hldgs Ltd carries a low D/E ratio of 0.42, meaning only $0.42 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.
Navigator Hldgs Ltd's current ratio of 0.69 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 8/100, which could limit financial flexibility.
Navigator Hldgs Ltd converts 37.1% of revenue into free cash flow ($210.5M). This strong cash generation earns a score of 100/100.
Navigator Hldgs Ltd generates a 7.1% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 28/100. This is up from 6.9% the prior year.
Navigator Hldgs Ltd scores 1.51, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($1.3B) relative to total liabilities ($934.3M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Navigator Hldgs Ltd passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Navigator Hldgs Ltd generates $2.46 in operating cash flow ($210.5M OCF vs $85.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Navigator Hldgs Ltd earns $2.6 in operating income for every $1 of interest expense ($143.2M vs $56.1M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Navigator Hldgs Ltd generated $566.7M in revenue in fiscal year 2024. This represents an increase of 2.9% from the prior year.
Navigator Hldgs Ltd's EBITDA was $275.9M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 3.6% from the prior year.
Navigator Hldgs Ltd generated $210.5M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 1315.9% from the prior year.
Navigator Hldgs Ltd reported $85.6M in net income in fiscal year 2024. This represents an increase of 4.0% from the prior year.
Navigator Hldgs Ltd earned $1.19 per diluted share (EPS) in fiscal year 2024. This represents an increase of 8.2% from the prior year.
Navigator Hldgs Ltd held $130.8M in cash against $505.0M in long-term debt as of fiscal year 2024.
Navigator Hldgs Ltd had 69M shares outstanding in fiscal year 2024. This represents a decrease of 5.2% from the prior year.
Navigator Hldgs Ltd's operating margin was 25.3% in fiscal year 2024, reflecting core business profitability. This is up 0.3 percentage points from the prior year.
Navigator Hldgs Ltd's net profit margin was 15.1% in fiscal year 2024, showing the share of revenue converted to profit. This is up 0.2 percentage points from the prior year.
Navigator Hldgs Ltd's ROE was 7.1% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 0.2 percentage points from the prior year.
Navigator Hldgs Ltd invested $0 in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 100.0% from the prior year.
NVGS Income Statement
| Metric | Q2'25 | Q2'24 | Q4'23 | Q2'23 | Q4'22 | Q2'22 | Q4'21 | Q2'21 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $129.6M-11.6% | $146.7M | N/A | $135.3M | N/A | $123.9M | N/A | $85.7M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $10.3M-9.3% | $11.3M | N/A | $8.2M | N/A | $7.8M | N/A | $5.8M |
| Operating Income | $20.4M-48.3% | $39.5M | N/A | $36.0M | N/A | $16.8M | N/A | $7.4M |
| Interest Expense | $15.1M-1.5% | $15.3M | N/A | $17.0M | N/A | $11.5M | N/A | $8.6M |
| Income Tax | $1.5M+28.8% | $1.2M | N/A | $2.0M | N/A | $671K | N/A | $190K |
| Net Income | $21.5M-7.7% | $23.2M | N/A | $26.6M | N/A | $14.0M | N/A | $260K |
| EPS (Diluted) | $0.31-3.1% | $0.32 | N/A | $0.36 | N/A | $0.18 | N/A | $0.01 |
NVGS Balance Sheet
| Metric | Q2'25 | Q2'24 | Q4'23 | Q2'23 | Q4'22 | Q2'22 | Q4'21 | Q2'21 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.4B+9.2% | $2.2B-1.0% | $2.2B-2.7% | $2.3B+8.0% | $2.1B-1.3% | $2.1B-1.5% | $2.2B+18.0% | $1.8B |
| Current Assets | $373.6M+69.5% | $220.4M-13.7% | $255.4M-8.1% | $277.8M+21.7% | $228.3M-7.5% | $246.7M+14.6% | $215.3M+29.5% | $166.3M |
| Cash & Equivalents | $238.1M+82.0% | $130.8M-12.6% | $149.6M-17.1% | $180.4M+23.0% | $146.7M+2.1% | $143.6M+15.9% | $123.9M+28.7% | $96.3M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $30.8M+6.0% | $29.0M-16.2% | $34.7M+47.4% | $23.5M+28.8% | $18.2M-25.8% | $24.6M-22.9% | $31.9M+54.2% | $20.7M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $1.1B+20.5% | $934.3M-3.6% | $969.6M-8.7% | $1.1B+15.0% | $923.3M-4.4% | $965.4M-7.2% | $1.0B+17.9% | $881.9M |
| Current Liabilities | $235.1M-26.2% | $318.8M+71.9% | $185.4M+2.1% | $181.6M+13.7% | $159.6M-41.8% | $274.4M+34.3% | $204.3M+48.7% | $137.4M |
| Long-Term Debt | N/A | $505.0M-26.1% | $683.3M-11.3% | $770.8M+17.4% | $656.5M+27.5% | $515.1M-21.4% | $655.0M+14.1% | $573.9M |
| Total Equity | $1.2B+0.7% | $1.2B+1.3% | $1.2B+2.3% | $1.2B+0.1% | $1.2B+0.6% | $1.2B+3.7% | $1.1B+18.0% | $944.2M |
| Retained Earnings | $411.2M+1.7% | $404.5M+3.7% | $390.2M+7.0% | $364.8M+0.2% | $364.0M+1.9% | $357.1M+13.0% | $316.0M-9.7% | $350.1M |
NVGS Cash Flow Statement
| Metric | Q2'25 | Q2'24 | Q4'23 | Q2'23 | Q4'22 | Q2'22 | Q4'21 | Q2'21 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
NVGS Financial Ratios
| Metric | Q2'25 | Q2'24 | Q4'23 | Q2'23 | Q4'22 | Q2'22 | Q4'21 | Q2'21 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | 15.8%-11.2pp | 26.9% | N/A | 26.6% | N/A | 13.5% | N/A | 8.6% |
| Net Margin | 16.6%+0.7pp | 15.8% | N/A | 19.7% | N/A | 11.3% | N/A | 0.3% |
| Return on Equity | 1.8%-0.2pp | 2.0% | N/A | 2.3% | N/A | 1.2% | N/A | 0.0% |
| Return on Assets | 0.9%-0.2pp | 1.1% | N/A | 1.2% | N/A | 0.7% | N/A | 0.0% |
| Current Ratio | 1.59+0.9 | 0.69-0.7 | 1.38-0.2 | 1.53+0.1 | 1.43+0.5 | 0.90-0.2 | 1.05-0.2 | 1.21 |
| Debt-to-Equity | 0.93+0.5 | 0.42-0.2 | 0.57-0.1 | 0.66+0.1 | 0.56+0.1 | 0.45-0.1 | 0.59-0.0 | 0.61 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: The current ratio is below 1.0 (0.69), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Navigator Hldgs Ltd's annual revenue?
Navigator Hldgs Ltd (NVGS) reported $566.7M in total revenue for fiscal year 2024. This represents a 2.9% 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 Navigator Hldgs Ltd's revenue growing?
Navigator Hldgs Ltd (NVGS) revenue grew by 2.9% year-over-year, from $550.7M to $566.7M in fiscal year 2024.
Is Navigator Hldgs Ltd profitable?
Yes, Navigator Hldgs Ltd (NVGS) reported a net income of $85.6M in fiscal year 2024, with a net profit margin of 15.1%.
What is Navigator Hldgs Ltd's earnings per share (EPS)?
Navigator Hldgs Ltd (NVGS) reported diluted earnings per share of $1.19 for fiscal year 2024. This represents a 8.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Navigator Hldgs Ltd's EBITDA?
Navigator Hldgs Ltd (NVGS) had EBITDA of $275.9M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Navigator Hldgs Ltd have?
As of fiscal year 2024, Navigator Hldgs Ltd (NVGS) had $130.8M in cash and equivalents against $505.0M in long-term debt.
What is Navigator Hldgs Ltd's operating margin?
Navigator Hldgs Ltd (NVGS) had an operating margin of 25.3% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Navigator Hldgs Ltd's net profit margin?
Navigator Hldgs Ltd (NVGS) had a net profit margin of 15.1% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Navigator Hldgs Ltd's return on equity (ROE)?
Navigator Hldgs Ltd (NVGS) has a return on equity of 7.1% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Navigator Hldgs Ltd's free cash flow?
Navigator Hldgs Ltd (NVGS) generated $210.5M in free cash flow during fiscal year 2024. This represents a 1315.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Navigator Hldgs Ltd's operating cash flow?
Navigator Hldgs Ltd (NVGS) generated $210.5M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Navigator Hldgs Ltd's total assets?
Navigator Hldgs Ltd (NVGS) had $2.2B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Navigator Hldgs Ltd's capital expenditures?
Navigator Hldgs Ltd (NVGS) invested $0 in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How many shares does Navigator Hldgs Ltd have outstanding?
Navigator Hldgs Ltd (NVGS) had 69M shares outstanding as of fiscal year 2024.
What is Navigator Hldgs Ltd's current ratio?
Navigator Hldgs Ltd (NVGS) had a current ratio of 0.69 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.
What is Navigator Hldgs Ltd's debt-to-equity ratio?
Navigator Hldgs Ltd (NVGS) had a debt-to-equity ratio of 0.42 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Navigator Hldgs Ltd's return on assets (ROA)?
Navigator Hldgs Ltd (NVGS) had a return on assets of 3.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Navigator Hldgs Ltd's Altman Z-Score?
Navigator Hldgs Ltd (NVGS) has an Altman Z-Score of 1.51, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Navigator Hldgs Ltd's Piotroski F-Score?
Navigator Hldgs Ltd (NVGS) has a Piotroski F-Score of 7 out of 9, indicating strong 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 Navigator Hldgs Ltd's earnings high quality?
Navigator Hldgs Ltd (NVGS) has an earnings quality ratio of 2.46x, 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.
Can Navigator Hldgs Ltd cover its interest payments?
Navigator Hldgs Ltd (NVGS) has an interest coverage ratio of 2.6x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Navigator Hldgs Ltd?
Navigator Hldgs Ltd (NVGS) scores 61 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.