Navigator Holdings (NVGS) Gross Margin (2013 - 2026)
Navigator Holdings (NVGS) reported Gross Margin of 81.87% for Q2 2026, down 5.15 percentage points from 87.02% a year earlier and down 3.19 percentage points from the prior quarter.
Navigator Holdings (NVGS) Gross Margin (2013 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Navigator Holdings' Gross Margin came in at 84.29%, down 0.84 percentage points year-over-year; for FY2025, it came in at 85.65%, down 0.25 percentage points from FY2024.
- Gross Margin has a five-year change of +5.47 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 85.90% in FY2024 (+1.00 pp), 84.90% in FY2023 (+4.31 pp), 80.59% in FY2022 (+0.98 pp) and 79.61% in FY2021 (-0.56 pp).
- The Q2 2026 figure ranks as the lowest quarterly Gross Margin since Q3 2022.
- Year over year, Gross Margin has now declined in each of the last three quarters, with an average year-over-year change of -0.92 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q1 2023 (a gain of 5.94 percentage points); the low point was Q2 2026 (a drop of 5.15 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 85.06% (Q1 2026), 84.74% (Q4 2025) and 85.82% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.80 Bn | 165.33 Bn | - | - |
| 2 | Csx | 89.17 Bn | 85.38 Bn | - | - |
| 3 | United Parcel Service | 83.81 Bn | 60.70 Bn | - | - |
| 4 | Canadian Pacific Kansas City | 77.31 Bn | 76.33 Bn | - | - |
| 5 | Norfolk Southern | 73.23 Bn | 67.87 Bn | - | - |
| 6 | Fedex | 70.82 Bn | 36.77 Bn | - | - |
| 7 | Delta Air Lines | 50.27 Bn | 32.46 Bn | - | - |
| 8 | Old Dominion Freight Line | 39.09 Bn | 38.36 Bn | - | - |
| 9 | United Airlines Holdings | 31.83 Bn | -24.55 Bn | - | - |
| 10 | Navigator Holdings | 1.42 Bn | 719.15 Mn | 120.83 Mn | 71.95% |
Historic 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 | 63.46% |
| Mar 31, 2025 | 66.40% |
| Dec 31, 2024 | 64.72% |
| Sep 30, 2024 | 66.25% |
| Jun 30, 2024 | 70.35% |
| Mar 31, 2024 | 65.20% |
| Dec 31, 2023 | 63.81% |
| Sep 30, 2023 | 68.48% |
| Jun 30, 2023 | 68.23% |
| Mar 31, 2023 | 64.26% |
| Dec 31, 2022 | 58.21% |
| Sep 30, 2022 | 58.85% |
| Jun 30, 2022 | 68.83% |
| Mar 31, 2022 | 62.10% |
| Dec 31, 2021 | 61.57% |
| Sep 30, 2021 | 59.87% |
Navigator Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=NVGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "NVGS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=NVGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();