Navigator Holdings (NVGS) Gross Margin (2013 - 2026)
Navigator Holdings (NVGS) posted quarterly 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 reported Gross Margin for 14 consecutive years, with 64.71% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 168.0% year-over-year to 64.71%; the TTM figure through Mar 2026 stood at 64.02% (down 206.0% YoY), while the FY2025 annual figure was 67.41%, down 170.0% from the prior year.
- Gross Margin retreated to 64.71% in Q1 2026 per NVGS's latest filing, from 65.86% in the prior quarter.
- Across five years, Gross Margin topped out at 68.48% in Q3 2023 and bottomed at 58.21% in Q4 2022.
- Historically, Gross Margin has averaged 64.06% across 5 years, with a median of 64.72% in 2024.
- Annual changes were most pronounced in 2023 — Gross Margin surged 963 bps — and 2025, when it sank 737 bps.
- Navigator Holdings' Gross Margin stood at 58.21% in 2022, then rose by 10 bps to 63.81% in 2023, then gained by 1 bps to 64.72% in 2024, then rose by 2 bps to 65.86% in 2025, then declined 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 68.62% |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 24.69% |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | - |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 21.55% |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 95.91% |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 82.28% |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 23.30% |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 48.15% |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 92.34% |
| 10 | Navigator Holdings | 1.33 Bn | 1.05 Bn | 120.83 Mn | 71.95% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 71.95% |
| Mar 31, 2026 | 64.71% |
| Dec 31, 2025 | 65.86% |
| Sep 30, 2025 | 65.26% |
| Jun 30, 2025 | 59.58% |
| 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% |