Navigator Holdings (NVGS) Gross Margin (2013 - 2026)
Navigator Holdings (NVGS) reported Gross Margin of 64.71% for Q1 2026, down 168.0% year-over-year from 95.17% in Q1 2025, and down 1.74% quarter-over-quarter from 65.86% in Q4 2025.
Navigator Holdings (NVGS) Gross Margin (2013 - 2026) Analysis & Trends
Navigator Holdings (NVGS) has 14 years of Gross Margin data on file, last reported at 64.71% in Q1 2026.
- Gross Margin for Q1 2026 came in at 64.71%, down 168.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 65.57% (down 51.0% YoY), and the FY2025 annual result was 64.47%, down 464.0% from the prior year.
- Gross Margin eased to 64.71% in Q1 2026 per NVGS's latest filing, from 65.86% in the prior quarter.
- Over five years, Gross Margin peaked at 68.48% in Q3 2023 and troughed at 58.21% in Q4 2022.
- A 5-year average of 64.34% and a median of 64.76% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 437 bps in 2022, then surged 963 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 58.21% in 2022, then increased by 10 bps to 63.81% in 2023, then rose by 1 bps to 64.72% in 2024, then increased by 2 bps to 65.86% in 2025, then dropped by 2 bps to 64.71% in 2026.
- Business Quant data shows NVGS's Gross Margin at 64.71% in Q1 2026, 65.86% in Q4 2025, and 65.26% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 41.12% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 63.77% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 23.85% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 83.61% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 41.52% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 26.67% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 98.68% |
| 10 | Navigator Holdings | - | - | 84.02 Mn | 64.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 64.71% |
| Dec 31, 2025 | 65.86% |
| Sep 30, 2025 | 65.26% |
| Mar 31, 2025 | 66.40% |
| Dec 31, 2024 | 64.72% |
| Sep 30, 2024 | 66.25% |
| Jun 30, 2024 | 66.95% |
| Mar 31, 2024 | 65.20% |
| Dec 31, 2023 | 63.81% |
| Sep 30, 2023 | 68.48% |
| Jun 30, 2023 | 64.79% |
| Mar 31, 2023 | 64.26% |
| Dec 31, 2022 | 58.21% |
| Sep 30, 2022 | 58.85% |
| Jun 30, 2022 | 63.52% |
| Mar 31, 2022 | 62.10% |
| Dec 31, 2021 | 61.57% |
| Sep 30, 2021 | 59.87% |
| Jun 30, 2021 | 64.04% |
| Mar 31, 2021 | 66.47% |