Fundies.
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Navigator Holdings Ltd.

EDGAR
NVGS Report (type unavailable) · filed 2026-10-08

Annual consolidated revenue for 2025: about USD 587M, using the latest reported figures. The previous period, 2024, was about USD 566.7M.

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Watchlist

Latest quarter

Revenue

168 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating margin

37.57%

2026 Q2 · %

Exact inputs and evidence
  • Operating Income: 63088000 USD Source
  • Revenue: 167936000 USD Source
Cash and cash equivalents
226 million USD Source
Exact value

225892000 USD

Long-term debt including current maturities
762 million USD Source
Exact value

762047000 USD

Shares outstanding
61.5 million shares Source
Exact value

61493127 shares

Reported share-count change

-8.24% · -5.52 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 67015554 shares · 2025-06-30· Source
  • 61493127 shares · 2026-06-30· Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-08.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2025-12-31
  • Operating income: 11 of 11 periods available· newest 2025-12-31
  • Net income: 11 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 8 of 11 periods available· newest 2025-12-31
  • Total assets: 11 of 11 periods available· newest 2025-12-31
  • Total liabilities: 11 of 11 periods available· newest 2025-12-31
  • Current assets: 11 of 11 periods available· newest 2025-12-31
  • Current liabilities: 11 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
  • Long-term debt including current maturities: 8 of 11 periods available· newest 2022-12-31
  • Shares outstanding: 11 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +3.6%

    Prior period

    USD 566.68 million

    –

    Current period

    USD 586.96 million

    –

    Exact inputs and evidence

    586961000 − 566679000 = 20282000 USD

    566679000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    586961000 USD · 2025-01-01 – 2025-12-31

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  • Net income

    +17%

    Prior period

    USD 85.57 million

    –

    Current period

    USD 100.12 million

    –

    Exact inputs and evidence

    100122000 − 85571000 = 14551000 USD

    85571000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    100122000 USD · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    -4.2%

    Prior period

    USD 210.52 million

    –

    Current period

    USD 201.66 million

    –

    Exact inputs and evidence

    201662000 − 210523000 = -8861000 USD

    210523000 USD · 2024-01-01 – 2024-12-31

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    201662000 USD · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    +USD 85.02 million

    Prior period

    USD 0

    –

    Current period

    USD 85.02 million

    –

    Exact inputs and evidence

    85019000 − 0 = 85019000 USD

    0 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    85019000 USD · 2025-01-01 – 2025-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 586.96 million 100% of revenue
  • Operating costs Derived USD 421.54 million 72% of revenue
  • Operating income USD 165.43 million 28% of revenue
  • Tax, interest and other Derived USD 65.3 million 11% of revenue
  • Net income USD 100.12 million 17% of revenue

Cash

  • Operating cash flow USD 201.66 million 34% of revenue
  • Capital expenditure USD 85.02 million 14% of revenue
  • Free cash flow Derived USD 116.64 million 20% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 15%11%73%
  • 2017 14%84%
  • 2018 Net loss: net income was −1.9% of revenue.
  • 2019 Net loss: net income was −5.5% of revenue.
  • 2020 Net loss: net income was −0.1% of revenue.
  • 2021 Operating loss: operating costs were 101% of revenue.
  • 2022 11%87%
  • 2023 15%10%75%
  • 2024 15%10%75%
  • 2025 17%11%72%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-31294112000 216155000 Derived 77957000 33319000 Derived 44638000 85015000 Derived
Source
2017 2017-01-01 – 2017-12-31298595000 251413000 Derived 47182000 41872000 Derived 5310000 73981000 Derived
Source
2018 2018-01-01 – 2018-12-31310046000 268566000 Derived 41480000 47219000 Derived -5739000 76869000 Derived
Source
2019 2019-01-01 – 2019-12-31301385000 268774000 Derived 32611000 49317000 Derived -16706000 Unavailable
Source
2020 2020-01-01 – 2020-12-31332495000 290741000 Derived 41754000 42197000 Derived -443000 Unavailable
Source
2021 2021-01-01 – 2021-12-31406481000 409432000 Derived -2951000 28013000 Derived -30964000 Unavailable
Source
2022 2022-01-01 – 2022-12-31473792000 413130000 Derived 60662000 7189000 Derived 53473000 84589000 Derived
Source
2023 2023-01-01 – 2023-12-31550737000 413563000 Derived 137174000 54919000 Derived 82255000 -17314000 Derived
Source
2024 2024-01-01 – 2024-12-31566679000 423495000 Derived 143184000 57613000 Derived 85571000 210523000 Derived
Source
2025 2025-01-01 – 2025-12-31586961000 421536000 Derived 165425000 65303000 Derived 100122000 116643000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 587M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.633.9M475.4M317.0M158.5M0.0201620212025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue294112000
2017Revenue298595000
2018Revenue310046000
2019Revenue301385000
2020Revenue332495000
2021Revenue406481000
2022Revenue473792000
2023Revenue550737000
2024Revenue566679000
2025Revenue586961000

Revenue growth

Change in revenue from the same financial period one year earlier.

3.6% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.24.6%16.2%7.8%-0.6%-9.0%201620212025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over year-6.7%
2017Year over year1.5%
2018Year over year3.8%
2019Year over year-2.8%
2020Year over year10.3%
2021Year over year22.3%
2022Year over year16.6%
2023Year over year16.2%
2024Year over year2.9%
2025Year over year3.6%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 28.2% 2025
Net margin 17.1% 2025
Free cash flow margin 19.9% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.41%28%15%2%-11%201620212025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016Operating margin26.5%
2017Operating margin15.8%
2018Operating margin13.4%
2019Operating margin10.8%
2020Operating margin12.6%
2021Operating margin-0.7%
2022Operating margin12.8%
2023Operating margin24.9%
2024Operating margin25.3%
2025Operating margin28.2%
2016Net margin15.2%
2017Net margin1.8%
2018Net margin-1.9%
2019Net margin-5.5%
2020Net margin-0.1%
2021Net margin-7.6%
2022Net margin11.3%
2023Net margin14.9%
2024Net margin15.1%
2025Net margin17.1%
2016Free cash flow margin28.9%
2017Free cash flow margin24.8%
2018Free cash flow margin24.8%
2019Free cash flow marginNot reported
2020Free cash flow marginNot reported
2021Free cash flow marginNot reported
2022Free cash flow margin17.9%
2023Free cash flow margin-3.1%
2024Free cash flow margin37.2%
2025Free cash flow margin19.9%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 201.7M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.227.4M170.5M113.7M56.8M0.0201620212025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow86748000
2017Operating cash flow75921000
2018Operating cash flow77517000
2019Operating cash flow49700000
2020Operating cash flow44879000
2021Operating cash flow97941000
2022Operating cash flow130308000
2023Operating cash flow174413000
2024Operating cash flow210523000
2025Operating cash flow201662000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 116.6M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.228.7M162.7M96.6M30.5M-35.5M201620212025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flow85015000
2017Free cash flow73981000
2018Free cash flow76869000
2019Free cash flowUnavailable
2020Free cash flowUnavailable
2021Free cash flowUnavailable
2022Free cash flow84589000
2023Free cash flow-17314000
2024Free cash flow210523000
2025Free cash flow116643000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

44.9% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.54%40%27%13%0%201620212025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016Liabilities / assets44.5%
2017Liabilities / assets48%
2018Liabilities / assets47.9%
2019Liabilities / assets49.9%
2020Liabilities / assets48.8%
2021Liabilities / assets48.2%
2022Liabilities / assets44%
2023Liabilities / assets44%
2024Liabilities / assets42.8%
2025Liabilities / assets44.9%

Current assets to current liabilities

Current assets divided by current liabilities.

1.18× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.54×1.16×0.77×0.39×0.00×201620212025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016Current assets / current liabilities0.73×
2017Current assets / current liabilities1.02×
2018Current assets / current liabilities1.12×
2019Current assets / current liabilities1.15×
2020Current assets / current liabilities1.27×
2021Current assets / current liabilities1.05×
2022Current assets / current liabilities1.43×
2023Current assets / current liabilities1.38×
2024Current assets / current liabilities0.69×
2025Current assets / current liabilities1.18×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
USD 44.64 million
Exact value

Exact value: 44638000 USD

2016-01-01 – 2016-12-31: 44638000 USD Inspect Net Income Open source
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USD 86.75 million
Exact value

Exact value: 86748000 USD

2016-01-01 – 2016-12-31: 86748000 USD Inspect Operating Cash Flow Open source
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USD 1.73 million
Exact value

Exact value: 1733000 USD

2016-01-01 – 2016-12-31: 1733000 USD Inspect Capital Expenditure Open source
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USD 85.02 million
Calculation and evidence

86748000 − 1733000 USD

Exact free cash flow: 85015000 USD

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2017 2017-01-01 – 2017-12-31
USD 5.31 million
Exact value

Exact value: 5310000 USD

2017-01-01 – 2017-12-31: 5310000 USD Inspect Net Income Open source
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USD 75.92 million
Exact value

Exact value: 75921000 USD

2017-01-01 – 2017-12-31: 75921000 USD Inspect Operating Cash Flow Open source
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USD 1.94 million
Exact value

Exact value: 1940000 USD

2017-01-01 – 2017-12-31: 1940000 USD Inspect Capital Expenditure Open source
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USD 73.98 million
Calculation and evidence

75921000 − 1940000 USD

Exact free cash flow: 73981000 USD

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2018 2018-01-01 – 2018-12-31
−USD 5.74 million
Exact value

Exact value: -5739000 USD

2018-01-01 – 2018-12-31: -5739000 USD Inspect Net Income Open source
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USD 77.52 million
Exact value

Exact value: 77517000 USD

2018-01-01 – 2018-12-31: 77517000 USD Inspect Operating Cash Flow Open source
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USD 648,000
Exact value

Exact value: 648000 USD

2018-01-01 – 2018-12-31: 648000 USD Inspect Capital Expenditure Open source
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USD 76.87 million
Calculation and evidence

77517000 − 648000 USD

Exact free cash flow: 76869000 USD

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2019 2019-01-01 – 2019-12-31
−USD 16.71 million
Exact value

Exact value: -16706000 USD

2019-01-01 – 2019-12-31: -16706000 USD Inspect Net Income Open source
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USD 49.7 million
Exact value

Exact value: 49700000 USD

2019-01-01 – 2019-12-31: 49700000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2020 2020-01-01 – 2020-12-31
−USD 443,000
Exact value

Exact value: -443000 USD

2020-01-01 – 2020-12-31: -443000 USD Inspect Net Income Open source
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USD 44.88 million
Exact value

Exact value: 44879000 USD

2020-01-01 – 2020-12-31: 44879000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2021 2021-01-01 – 2021-12-31
−USD 30.96 million
Exact value

Exact value: -30964000 USD

2021-01-01 – 2021-12-31: -30964000 USD Inspect Net Income Open source
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USD 97.94 million
Exact value

Exact value: 97941000 USD

2021-01-01 – 2021-12-31: 97941000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2022 2022-01-01 – 2022-12-31
USD 53.47 million
Exact value

Exact value: 53473000 USD

2022-01-01 – 2022-12-31: 53473000 USD Inspect Net Income Open source
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USD 130.31 million
Exact value

Exact value: 130308000 USD

2022-01-01 – 2022-12-31: 130308000 USD Inspect Operating Cash Flow Open source
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USD 45.72 million
Exact value

Exact value: 45719000 USD

2022-01-01 – 2022-12-31: 45719000 USD Inspect Capital Expenditure Open source
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USD 84.59 million
Calculation and evidence

130308000 − 45719000 USD

Exact free cash flow: 84589000 USD

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2023 2023-01-01 – 2023-12-31
USD 82.26 million
Exact value

Exact value: 82255000 USD

2023-01-01 – 2023-12-31: 82255000 USD Inspect Net Income Open source
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USD 174.41 million
Exact value

Exact value: 174413000 USD

2023-01-01 – 2023-12-31: 174413000 USD Inspect Operating Cash Flow Open source
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USD 191.73 million
Exact value

Exact value: 191727000 USD

2023-01-01 – 2023-12-31: 191727000 USD Inspect Capital Expenditure Open source
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−USD 17.31 million
Calculation and evidence

174413000 − 191727000 USD

Exact free cash flow: -17314000 USD

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2024 2024-01-01 – 2024-12-31
USD 85.57 million
Exact value

Exact value: 85571000 USD

2024-01-01 – 2024-12-31: 85571000 USD Inspect Net Income Open source
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USD 210.52 million
Exact value

Exact value: 210523000 USD

2024-01-01 – 2024-12-31: 210523000 USD Inspect Operating Cash Flow Open source
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USD 0
Exact value

Exact value: 0 USD

2024-01-01 – 2024-12-31: 0 USD Inspect Capital Expenditure Open source
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USD 210.52 million
Calculation and evidence

210523000 − 0 USD

Exact free cash flow: 210523000 USD

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2025 2025-01-01 – 2025-12-31
USD 100.12 million
Exact value

Exact value: 100122000 USD

2025-01-01 – 2025-12-31: 100122000 USD Inspect Net Income Open source
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USD 201.66 million
Exact value

Exact value: 201662000 USD

2025-01-01 – 2025-12-31: 201662000 USD Inspect Operating Cash Flow Open source
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USD 85.02 million
Exact value

Exact value: 85019000 USD

2025-01-01 – 2025-12-31: 85019000 USD Inspect Capital Expenditure Open source
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USD 116.64 million
Calculation and evidence

201662000 − 85019000 USD

Exact free cash flow: 116643000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

189 filings · 2,048 latest values · 2,048 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001581804, 1581804, NVGS, edgar:1581804

Also known as NAVIGATOR HOLDINGS LTD, NAVIGATOR HOLDINGS LTD., Navigator Holdings Ltd.