Navigator (NVGS) Revenue & Revenue Breakdown


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Navigator Revenue Highlights


Latest Revenue (Y)

$550.74M

Latest Revenue (Q)

$134.16M

Main Segment (Y)

Time Charters

Main Geography (Y)

Time Charters

Navigator Revenue by Period


Navigator Revenue by Year

DateRevenueChange
2023-12-31$550.74M16.24%
2022-12-31$473.79M17.40%
2021-12-31$403.58M21.38%
2020-12-31$332.50M10.32%
2019-12-31$301.38M-2.79%
2018-12-31$310.05M3.83%
2017-12-31$298.60M1.52%
2016-12-31$294.11M-6.70%
2015-12-31$315.22M3.39%
2014-12-31$304.87M27.92%
2013-12-31$238.34M62.45%
2012-12-31$146.72M65.08%
2011-12-31$88.87M8.36%
2010-12-31$82.02M13.08%
2009-12-31$72.53M21.53%
2008-12-31$59.68M16.11%
2007-12-31$51.40M-

Navigator generated $550.74M in revenue during NA 2023, up 16.24% compared to the previous quarter, and up 177.63% compared to the same period a year ago.

Navigator Revenue by Quarter

DateRevenueChange
2024-03-31$134.16M-5.28%
2023-12-31$141.63M2.80%
2023-09-30$137.77M1.80%
2023-06-30$135.34M-0.49%
2023-03-31$136.00M10.32%
2022-12-31$123.28M15.42%
2022-09-30$106.81M-13.80%
2022-06-30$123.92M3.46%
2022-03-31$119.78M-7.43%
2021-12-31$129.39M25.93%
2021-09-30$102.74M19.89%
2021-06-30$85.70M-0.06%
2021-03-31$85.75M-1.91%
2020-12-31$87.42M7.46%
2020-09-30$81.35M-1.35%
2020-06-30$82.47M1.49%
2020-03-31$81.26M6.82%
2019-12-31$76.07M0.59%
2019-09-30$75.62M2.77%
2019-06-30$73.59M-3.31%
2019-03-31$76.10M-2.72%
2018-12-31$78.23M-3.23%
2018-09-30$80.84M10.50%
2018-06-30$73.16M-5.97%
2018-03-31$77.81M1.46%
2017-12-31$76.68M9.22%
2017-09-30$70.21M-5.61%
2017-06-30$74.38M-3.80%
2017-03-31$77.32M2.47%
2016-12-31$75.45M8.19%
2016-09-30$69.74M-3.86%
2016-06-30$72.54M-5.02%
2016-03-31$76.38M-2.92%
2015-12-31$78.67M0.58%
2015-09-30$78.22M-7.04%
2015-06-30$84.14M13.40%
2015-03-31$74.20M-5.33%
2014-12-31$78.37M-2.78%
2014-09-30$80.61M5.98%
2014-06-30$76.06M8.93%
2014-03-31$69.83M-2.08%
2013-12-31$71.31M11.04%
2013-09-30$64.21M6.13%
2013-06-30$60.50M42.99%
2013-03-31$42.31M5.18%
2012-12-31$40.23M1.66%
2012-09-30$39.57M6.32%
2012-06-30$37.22M25.33%
2012-03-31$29.70M20.17%
2011-12-31$24.71M15.00%
2011-09-30$21.49M0.54%
2011-06-30$21.37M-

Navigator generated $134.16M in revenue during Q1 2024, up -5.28% compared to the previous quarter, and up 108.82% compared to the same period a year ago.

Navigator Revenue Breakdown


Navigator Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 19Dec 18
Voyage Charters$176.33M$159.70M$132.74M$141.55M
Time Charters$317.01M$245.65M$168.64M$168.50M
Cargo Commences--$1.30M-

Navigator's latest annual revenue breakdown by segment (product or service), as of Dec 23: Time Charters (64.26%), and Voyage Charters (35.74%).

Quarterly Revenue by Product

Product/ServiceDec 22Jun 22Jun 19
Time Charters$188.63M$57.01M$37.73M
Voyage Charters--$35.85M

Navigator's latest quarterly revenue breakdown by segment (product or service), as of Dec 22: Time Charters (100.00%).

Navigator Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 19Dec 18
Cargo Commences$1.30M-
Voyage Charters$132.74M$141.55M
Time Charters$168.64M$168.50M

Navigator's latest annual revenue breakdown by geography, as of Dec 19: Time Charters (55.72%), Voyage Charters (43.86%), and Cargo Commences (0.43%).

Quarterly Revenue by Country

CountryJun 22Jun 19
Time Charters$57.01M$37.73M
Voyage Charters-$35.85M

Navigator's latest quarterly revenue breakdown by geography, as of Jun 22: Time Charters (100.00%).

Navigator Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
FROFrontline$1.80B$578.40M
TRMDTORM$1.55B$444.10M
TNKTeekay Tankers$1.36B$338.34M
STNGScorpio Tankers$1.34B$391.34M
EURNEuronav NV$1.26B$655.53M
INSWInternational Seaways$1.07B$274.40M
TNPTsakos Energy Navigation$889.57M$220.24M
DHTDHT$556.08M$145.88M
NVGSNavigator$550.74M$134.16M
FLNGFLEX LNG$371.02M$90.23M

NVGS Revenue FAQ


Navigator's yearly revenue for 2023 was $550.74M, representing an increase of 16.24% compared to 2022. The company's yearly revenue for 2022 was $473.79M, representing an increase of 17.40% compared to 2021. NVGS's yearly revenue for 2021 was $403.58M, representing an increase of 21.38% compared to 2020.

Navigator's quarterly revenue for Q1 2024 was $134.16M, a -5.28% decrease from the previous quarter (Q4 2023), and a -1.36% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $141.63M, a 2.80% increase from the previous quarter (Q3 2023), and a 14.88% increase year-over-year (Q4 2022). NVGS's quarterly revenue for Q3 2023 was $137.77M, a 1.80% increase from the previous quarter (Q2 2023), and a 28.98% increase year-over-year (Q3 2022).

Navigator's revenue growth rate for the last 3 years (2021-2023) was 36.46%, and for the last 5 years (2019-2023) was 82.74%.

Navigator's revenue streams in c 23 are Voyage Charters, and Time Charters. Voyage Charters generated $176.33M in revenue, accounting 35.74% of the company's total revenue, up 10.41% year-over-year. Time Charters generated $317.01M in revenue, accounting 64.26% of the company's total revenue, up 29.05% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Navigator was Time Charters. This segment made a revenue of $317.01M, representing 64.26% of the company's total revenue.