NVGS (Navigator Holdings) Debt-to-EBITDA : 2.40 (As of Jun. 2026) — 60% Below Median

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NVGS Navigator Holdings Ltd NVGS
86 GF Score
Price $20.54
GF Value $19.56
Valuation Fairly Valued
! 3 Warning Signs
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What is Navigator Holdings Debt-to-EBITDA?

Navigator Holdings NVGS +2.55% 86 Debt-to-EBITDA is 2.40 as of Jun. 2026, which is 60% below its 10-year median of 5.98. GuruFocus rates NVGS with a GF Score™ of 86/100 and a GF Value™ of $19.56 (Fairly Valued). The stock has 3 warning signs investors should review. Among 718 Oil & Gas companies, Navigator Holdings ranks worse than 62.67% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Navigator Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $141.0 Mil. Navigator Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $785.1 Mil. Navigator Holdings's annualized EBITDA for the quarter that ended in Jun. 2026 was $386.7 Mil. Navigator Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 2.39.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Navigator Holdings's Debt-to-EBITDA or its related term are showing as below:

NVGS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.8   Med: 5.98   Max: 10.37
Current: 2.8

During the past 13 years, the highest Debt-to-EBITDA Ratio of Navigator Holdings was 10.37. The lowest was 2.80. And the median was 5.98.

NVGS's Debt-to-EBITDA is ranked worse than
62.67% of 718 companies
in the Oil & Gas industry
Industry Median: 1.96 vs NVGS: 2.80

Navigator Holdings  (NYSE:NVGS) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Navigator Holdings Debt-to-EBITDA Related Terms


Navigator Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Navigator Holdings's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Navigator Holdings Debt-to-EBITDA Chart

Navigator Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.37 3.87 3.24 3.17 3.00

Navigator Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.74 2.78 3.17 2.86 2.40

NVGS vs PBT, NAT, EE: Debt-to-EBITDA Comparison

For the Oil & Gas Midstream subindustry, Navigator Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Navigator Holdings Debt-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Navigator Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Navigator Holdings's Debt-to-EBITDA falls into.


NVGS
86GF Score
Navigator Holdings Ltd NVGS
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Navigator Holdings Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Navigator Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(169.269 + 733.779) / 300.599
=3.00

Navigator Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(140.954 + 785.102) / 386.664
=2.39

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.40 mean?
Navigator Holdings (NVGS) has a Debt-to-EBITDA of 2.40 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Navigator Holdings. This is 60% below median its historical median of 5.98. Over the past decade, Navigator Holdings' Debt-to-EBITDA has ranged from 2.80 to 10.37. According to the industry distribution chart, Navigator Holdings ranks #450 out of 718 companies in the Oil & Gas industry, placing it in the top 62.7%.
Is Navigator Holdings' Debt-to-EBITDA too high?
Navigator Holdings' current Debt-to-EBITDA of 2.40 is 60% below median its 10-year median of 5.98. Over the past 10 years, this metric has ranged from a low of 2.80 to a high of 10.37. The Oil & Gas industry median Debt-to-EBITDA is 1.96. Navigator Holdings' value of 2.40 is 22.4% above this industry median. Based on the distribution chart, Navigator Holdings ranks #450 out of 718 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Navigator Holdings has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Navigator Holdings' Debt-to-EBITDA compare to PBT and NAT?
According to the Oil & Gas industry distribution chart, Navigator Holdings ranks #450 out of 718 companies for Debt-to-EBITDA. This places Navigator Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 1.96. Navigator Holdings' value of 2.40 is 22.4% above this benchmark. Historically, Navigator Holdings' own Debt-to-EBITDA has ranged from 2.80 to 10.37 over the past decade. While the company's 10-year median is 5.98 vs. the industry median of 1.96, Navigator Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 1.96, based on 718 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Navigator Holdings's current Debt-to-EBITDA of 2.40 is 22.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Navigator Holdings. For the Oil & Gas industry, the median Debt-to-EBITDA is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Navigator Holdings's current Debt-to-EBITDA is 2.40, which is 60% below median its own 10-year median of 5.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Navigator Holdings stock overvalued right now?
Based on GuruFocus' analysis, Navigator Holdings (NVGS) is currently considered Fairly Valued. The stock's GF Value™ is $19.56, compared to a current price of $20.54 — trading 5% above its estimated fair value. The current Debt-to-EBITDA is 2.40, which is 60% below median its 10-year median of 5.98 and 22.4% above the Oil & Gas industry median of 1.96. Navigator Holdings' overall GF Score™ is 86/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Navigator Holdings (NVGS), the current Debt-to-EBITDA is 2.40 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Navigator Holdings (NVGS) Overvalued in 2026?

Based on GuruFocus' analysis, Navigator Holdings stock appears to be overvalued. The current stock price of $20.54 is trading 5% above its estimated GF Value™ of $19.56. GuruFocus considers Navigator Holdings to be Fairly Valued.

Key valuation signals for NVGS:

  • Debt-to-EBITDA: 2.40 (60% below median its 10-year median of 5.98)
  • GF Value™: $19.56 vs. price of $20.54 (5% above fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 22.4% above the Oil & Gas median (#450 of 718)

No single metric tells the full story. See the NVGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Navigator Holdings Business Description

Industry EnergyOil & Gas
Other Exchanges 1NV:Germany
Address c/o NGT Services (UK) Ltd, 10 Bressenden Place, London, GBR, SW1E 5DH
Navigator Holdings Ltd owns and operates liquefied gas carriers, which include a fleet of handysize liquefied gas carriers. The company also owns a share in an ethylene export marine terminal at Morgan's Point, Texas on the Houston Ship Channel (the Ethylene Export Terminal) through a joint venture (the Export Terminal Joint Venture). The company plays a vital role in the globalised liquefied gas supply chain, providing gas transportation solutions for energy companies, industrial users, and commodity traders.
86GF Score

Get the complete analysis for NVGS

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$20.54
Price
$19.56
GF Value