Navigator Holdings (NVGS) Operating Margin (2013 - 2026)
Navigator Holdings' Operating Margin came in at 40.42% for Q2 2026, up 12.23 percentage points from 28.19% a year earlier and up 6.94 percentage points from the prior quarter.
Navigator Holdings (NVGS) Operating Margin (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Navigator Holdings reported Operating Margin of 35.16%, up 8.05 percentage points year-over-year; for FY2025, it came in at 30.72%, up 2.74 percentage points from FY2024.
- Operating Margin has increased in each of the last four years, with a five-year change of +17.66 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was 27.98% in FY2024 (+0.18 pp), 27.81% in FY2023 (+12.84 pp), 14.97% in FY2022 (+15.80 pp) and -0.84% in FY2021 (-13.90 pp).
- The Q2 2026 figure represents the highest quarterly Operating Margin since Q2 2015.
- Year-over-year, Operating Margin has increased for four consecutive quarters, with an average year-over-year change of +3.16 percentage points over the last eight quarters.
- The fastest year-over-year change in Operating Margin over five years came in Q4 2022 (a gain of 54.23 percentage points), and the weakest in Q4 2021 (a drop of 47.23 percentage points).
- Business Quant data shows NVGS's Operating Margin at 33.48% (Q1 2026), 28.70% (Q4 2025) and 37.26% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 170.80 Bn | 165.33 Bn | - | 40.25% |
| 2 | Csx | 89.17 Bn | 85.38 Bn | - | 38.27% |
| 3 | United Parcel Service | 83.81 Bn | 60.70 Bn | - | 4.07% |
| 4 | Canadian Pacific Kansas City | 77.31 Bn | 76.33 Bn | - | 35.35% |
| 5 | Norfolk Southern | 73.23 Bn | 67.87 Bn | - | 32.44% |
| 6 | Fedex | 70.82 Bn | 36.77 Bn | - | 6.20% |
| 7 | Delta Air Lines | 50.27 Bn | 32.46 Bn | - | 7.20% |
| 8 | Old Dominion Freight Line | 39.09 Bn | 38.36 Bn | - | 29.94% |
| 9 | United Airlines Holdings | 31.83 Bn | -24.55 Bn | - | 6.20% |
| 10 | Navigator Holdings | 1.42 Bn | 719.15 Mn | 120.83 Mn | 37.57% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.57% |
| Mar 31, 2026 | 61.88% |
| Dec 31, 2025 | 50.80% |
| Sep 30, 2025 | 60.42% |
| Jun 30, 2025 | 25.49% |
| Mar 31, 2025 | 53.13% |
| Dec 31, 2024 | 52.22% |
| Sep 30, 2024 | 51.09% |
| Jun 30, 2024 | 26.94% |
| Mar 31, 2024 | 30.00% |
| Dec 31, 2023 | 51.61% |
| Sep 30, 2023 | 28.78% |
| Jun 30, 2023 | 26.61% |
| Mar 31, 2023 | 27.35% |
| Dec 31, 2022 | 55.69% |
| Sep 30, 2022 | 4.20% |
| Jun 30, 2022 | 13.53% |
| Mar 31, 2022 | 69.85% |
| Dec 31, 2021 | -34.26% |
| Sep 30, 2021 | 15.09% |
Navigator Holdings Operating 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=operating-margin&ticker=NVGS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=NVGS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();