Navigator Holdings Ltd. (NVGS) Financial Ratios
19 years of historical data (2007–2025) · Energy · Oil & Gas Midstream
EV/EBITDA
↓
7.70
↓-11% vs avg
5yr avg: 8.67
30Y Low5.7·High16.0
P/FCF
↑
21.50
↑+107% vs avg
5yr avg: 10.36
30Y Low6.1·High17.9
P/B Ratio
↑
1.18
↑+47% vs avg
5yr avg: 0.80
30Y Low0.5·High1.7
ROE
↑
8.0%
↓+71% vs avg
5yr avg: 4.7%
30Y Low-3%·High11%
Debt/EBITDA
↓
3.29
↓-30% vs avg
5yr avg: 4.67
30Y Low1.0·High10.8
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
NVGS Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Navigator Holdings Ltd. trades at 14.8x earnings, 7% above its 5-year average of 13.8x, sitting at the 73rd percentile of its historical range. This is roughly in line with the Energy sector median P/E of 15.4x. On a free-cash-flow basis, the stock trades at 21.5x P/FCF, 107% above the 5-year average of 10.4x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.4B | $1.2B | $1.1B | $1.1B | $928M | $574M | $612M | $752M | $523M | $550M | $519M |
| Enterprise Value | $2.1B | $1.9B | $1.6B | $1.7B | $1.6B | $1.4B | $1.3B | $1.5B | $1.3B | $1.4B | $1.2B |
| P/E Ratio → | 14.77 | 11.78 | 12.90 | 13.23 | 17.33 | — | 927.97 | — | — | 98.50 | 11.63 |
| P/S Ratio | 2.41 | 2.01 | 1.95 | 1.97 | 1.96 | 1.41 | 1.84 | 2.49 | 1.69 | 1.84 | 1.76 |
| P/B Ratio | 1.18 | 0.94 | 0.88 | 0.88 | 0.79 | 0.51 | 0.65 | 0.80 | 0.55 | 0.57 | 0.54 |
| P/FCF | 21.50 | 17.88 | 6.52 | — | 10.97 | 6.08 | 14.36 | 16.19 | 6.82 | — | — |
| P/OCF | 6.45 | 5.37 | 5.24 | 6.21 | 7.12 | 5.86 | 13.64 | 15.12 | 6.75 | 7.25 | 5.98 |
P/E links to full P/E history page with 30-year chart
NVGS EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Navigator Holdings Ltd.'s enterprise value stands at 7.7x EBITDA, 11% below its 5-year average of 8.7x. This is roughly in line with the Energy sector median of 7.8x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.20 | 2.79 | 3.04 | 3.36 | 3.37 | 4.05 | 4.99 | 4.15 | 4.52 | 4.10 |
| EV / EBITDA | 7.70 | 6.83 | 5.72 | 6.28 | 8.52 | 16.02 | 11.36 | 13.83 | 10.94 | 11.18 | 8.60 |
| EV / EBIT | 15.08 | 13.38 | 11.47 | 12.34 | 19.17 | 4757.76 | 31.76 | 44.93 | 31.04 | 28.62 | 15.43 |
| EV / FCF | — | 28.48 | 9.34 | — | 18.83 | 14.52 | 31.57 | 32.40 | 16.79 | — | — |
NVGS Profitability
Margins and return-on-capital ratios measuring operating efficiency
Navigator Holdings Ltd. earns an operating margin of 23.9%, above the Energy sector average of 13.8%. Operating margins have compressed from 24.9% to 23.9% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 8.0% is modest. ROIC of 5.7% represents adequate returns on invested capital versus a sector median of 6.2%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 30.1% | 30.1% | 56.4% | 31.0% | 18.8% | 23.1% | 21.2% | 19.4% | 21.1% | 22.9% | 33.6% |
| Operating Margin | 23.9% | 23.9% | 25.3% | 24.9% | 12.8% | -0.7% | 12.6% | 10.8% | 13.4% | 15.8% | 26.5% |
| Net Profit Margin | 17.1% | 17.1% | 15.1% | 14.9% | 11.3% | -7.6% | -0.1% | -5.5% | -1.9% | 1.8% | 15.2% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 8.0% | 8.0% | 6.9% | 6.8% | 4.7% | -3.0% | -0.0% | -1.8% | -0.6% | 0.6% | 4.8% |
| ROA | 4.5% | 4.5% | 3.9% | 3.8% | 2.5% | -1.5% | -0.0% | -0.9% | -0.3% | 0.3% | 2.7% |
| ROIC | 5.7% | 5.7% | 6.1% | 5.6% | 2.4% | -0.1% | 1.9% | 1.4% | 1.8% | 2.1% | 3.8% |
| ROCE | 7.2% | 7.2% | 7.4% | 6.9% | 3.1% | -0.2% | 2.4% | 1.9% | 2.4% | 2.8% | 5.1% |
NVGS Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Navigator Holdings Ltd. carries a Debt/EBITDA ratio of 3.3x, which is moderately leveraged (26% above the sector average of 2.6x). Net debt stands at $698M ($903M total debt minus $205M cash). Interest coverage of just 2.5x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.72 | 0.72 | 0.49 | 0.60 | 0.69 | 0.82 | 0.84 | 0.87 | 0.88 | 0.89 | 0.78 |
| Debt / EBITDA | 3.29 | 3.29 | 2.20 | 2.77 | 4.34 | 10.76 | 6.69 | 7.51 | 7.11 | 7.14 | 5.31 |
| Net Debt / Equity | — | 0.56 | 0.38 | 0.48 | 0.57 | 0.71 | 0.78 | 0.80 | 0.80 | 0.83 | 0.72 |
| Net Debt / EBITDA | 2.54 | 2.54 | 1.73 | 2.20 | 3.55 | 9.31 | 6.19 | 6.92 | 6.50 | 6.62 | 4.90 |
| Debt / FCF | — | 10.60 | 2.82 | — | 7.85 | 8.44 | 17.21 | 16.21 | 9.97 | — | — |
| Interest Coverage | 2.51 | 2.51 | 2.45 | 2.09 | 1.73 | 0.01 | 1.03 | 0.69 | 0.92 | 1.25 | 2.42 |
NVGS Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.18x means Navigator Holdings Ltd. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 1.38x to 1.18x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.18 | 1.18 | 0.69 | 1.38 | 1.43 | 1.05 | 1.27 | 1.15 | 1.12 | 1.02 | 0.73 |
| Quick Ratio | 1.12 | 1.12 | 0.65 | 1.33 | 1.38 | 0.99 | 1.19 | 1.06 | 1.04 | 0.94 | 0.68 |
| Cash Ratio | 0.82 | 0.82 | 0.41 | 0.81 | 0.92 | 0.61 | 0.55 | 0.58 | 0.68 | 0.56 | 0.45 |
| Asset Turnover | — | 0.26 | 0.26 | 0.25 | 0.23 | 0.19 | 0.18 | 0.16 | 0.17 | 0.16 | 0.17 |
| Inventory Turnover | 26.63 | 26.63 | 17.97 | 42.04 | 45.03 | 23.73 | 31.08 | 25.19 | 27.82 | 28.73 | 28.16 |
| Days Sales Outstanding | — | 34.64 | 33.50 | 47.07 | 35.00 | 55.36 | 51.40 | 39.58 | 25.64 | 37.50 | 25.06 |
NVGS Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Navigator Holdings Ltd. returns 5.4% to shareholders annually — split between a 1.0% dividend yield and 4.4% buyback yield. The payout ratio of 14.7% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 6.8% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.0% | 1.3% | 1.3% | 0.7% | — | — | — | — | — | — | — |
| Payout Ratio | 14.7% | 14.7% | 16.7% | 8.9% | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 6.8% | 8.5% | 7.8% | 7.6% | 5.8% | — | 0.1% | — | — | 1.0% | 8.6% |
| FCF Yield | 4.7% | 5.6% | 15.3% | — | 9.1% | 16.5% | 7.0% | 6.2% | 14.7% | — | — |
| Buyback Yield | 4.4% | 5.3% | 5.2% | 4.5% | 0.6% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 5.4% | 6.6% | 6.5% | 5.2% | 0.6% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $68M | $72M | $75M | $78M | $65M | $56M | $56M | $56M | $56M | $56M |
Peer Comparison
Compare NVGS with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 NVGSYou | $1B | 14.8 | 7.7 | 21.5 | 30.1% | 23.9% | 8.0% | 5.7% | 3.3 |
 GLNG | $5B | 76.3 | 35.9 | — | 46.9% | 34.4% | 3.0% | 2.9% | 14.9 |
 FLNG | $2B | 21.6 | 11.9 | 11.9 | 52.9% | 50.6% | 9.8% | 6.1% | 7.3 |
 CLCO | $511M | 5.3 | 7.4 | — | 76.0% | 50.5% | 12.5% | 6.7% | 5.9 |
 GASS | $308M | 4.9 | 2.6 | 3.6 | 39.2% | 31.8% | 9.2% | 6.8% | 0.0 |
 BWLP | $3B | 11.0 | 6.1 | 7.7 | 14.4% | 8.3% | 12.9% | 8.4% | 1.7 |
 DLNG | $128M | 2.1 | 3.4 | — | 53.6% | 48.1% | 12.9% | 7.8% | 2.6 |
 KNOP | $345M | 14.9 | 5.4 | 2.2 | 30.4% | 28.4% | 3.8% | 5.3% | 4.3 |
 TK | $1B | 10.4 | 0.5 | 9.5 | 27.5% | 21.8% | 4.8% | 12.0% | 0.2 |
 TNK | $3B | 7.4 | 6.0 | 22.9 | 27.5% | 22.6% | 18.5% | 12.5% | 0.2 |
 TRMD | $3B | 9.9 | 6.7 | 15.2 | 34.1% | 25.6% | 13.9% | 8.8% | 1.7 |
| Energy Median | — | 15.4 | 7.8 | 13.8 | 33.7% | 13.8% | 7.2% | 6.2% | 2.6 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 18 years · Updated daily
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NVGS — Frequently Asked Questions
Quick answers to the most common questions about buying NVGS stock.
What is Navigator Holdings Ltd.'s P/E ratio?
Navigator Holdings Ltd.'s current P/E ratio is 14.8x. The historical average is 21.9x. This places it at the 73th percentile of its historical range.
What is Navigator Holdings Ltd.'s EV/EBITDA?
Navigator Holdings Ltd.'s current EV/EBITDA is 7.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 9.9x.
What is Navigator Holdings Ltd.'s ROE?
Navigator Holdings Ltd.'s return on equity (ROE) is 8.0%. The historical average is 4.8%.
Is NVGS stock overvalued?
Based on historical data, Navigator Holdings Ltd. is trading at a P/E of 14.8x. This is at the 73th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Navigator Holdings Ltd.'s dividend yield?
Navigator Holdings Ltd.'s current dividend yield is 1.00% with a payout ratio of 14.7%.
What are Navigator Holdings Ltd.'s profit margins?
Navigator Holdings Ltd. has 30.1% gross margin and 23.9% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Navigator Holdings Ltd. have?
Navigator Holdings Ltd.'s Debt/EBITDA ratio is 3.3x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.