Loading...
•
Dec 31, 2024
Navigator Q4 2024 Earnings Report
Navigator Gas reported higher net income and steady revenue growth in Q4 2024.
Key Takeaways
Navigator Gas posted a total operating revenue of $144.03 million for Q4 2024, reflecting a 1.7% year-over-year increase. Net income rose to $21.59 million, with EPS at $0.31. Adjusted EPS stood at $0.39. Operating income improved to $35.17 million, driven by robust fleet utilization at 92.2%. The company also reported EBITDA of $68.02 million, with Adjusted EBITDA at $73.43 million.
Total operating revenue increased by 1.7% to $144.03 million.
Net income attributable to stockholders grew to $21.59 million.
GAAP EPS was $0.31, with Adjusted EPS at $0.39.
Fleet utilization remained strong at 92.2%.
Revenue by Segment
Forward Guidance
Navigator Gas remains positive about its 2025 outlook, focusing on fleet efficiency and market expansion despite macroeconomic uncertainties.
Positive Outlook
- Continued high fleet utilization expected.
- Strong demand for ethylene and LPG transportation.
- Ongoing cost-efficiency initiatives improving margins.
- Terminal Expansion Project completion to boost revenue.
- Stable debt structure supporting growth initiatives.
Challenges Ahead
- Uncertain global economic conditions could impact demand.
- Potential fluctuations in charter rates.
- Ongoing vessel maintenance costs.
- Higher competition in the liquefied gas shipping market.
- Currency exchange risks affecting profitability.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...