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Side-by-side financial comparison of InvenTrust Properties Corp. (IVT) and Navigator Holdings Ltd. (NVGS). Click either name above to swap in a different company.

Navigator Holdings Ltd. is the larger business by last-quarter revenue ($129.6M vs $77.4M, roughly 1.7× InvenTrust Properties Corp.). Navigator Holdings Ltd. runs the higher net margin — 16.5% vs 3.4%, a 13.1% gap on every dollar of revenue. On growth, InvenTrust Properties Corp. posted the faster year-over-year revenue change (8.6% vs -11.6%).

InvenTrust Properties Corp. is a real estate investment trust that invests in shopping malls. As of December 31, 2024, the company owned interests in 68 properties comprising 11.0 million square feet.

Navigator Holdings Ltd. is a global maritime transport firm specializing in liquefied gas carrier operations. It offers seaborne transport for liquefied petroleum gas, ammonia, ethylene and other specialty liquefied gases, serving clients across the global energy, petrochemical and industrial manufacturing sectors.

IVT vs NVGS — Head-to-Head

Bigger by revenue
NVGS
NVGS
1.7× larger
NVGS
$129.6M
$77.4M
IVT
Growing faster (revenue YoY)
IVT
IVT
+20.3% gap
IVT
8.6%
-11.6%
NVGS
Higher net margin
NVGS
NVGS
13.1% more per $
NVGS
16.5%
3.4%
IVT

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
IVT
IVT
NVGS
NVGS
Revenue
$77.4M
$129.6M
Net Profit
$2.7M
$21.5M
Gross Margin
Operating Margin
-11.0%
15.8%
Net Margin
3.4%
16.5%
Revenue YoY
8.6%
-11.6%
Net Profit YoY
-72.8%
-7.7%
EPS (diluted)
$0.02
$0.31

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IVT
IVT
NVGS
NVGS
Q4 25
$77.4M
Q3 25
$74.5M
Q2 25
$73.6M
$129.6M
Q1 25
$73.8M
Q4 24
$71.2M
Q3 24
$68.5M
Q2 24
$67.4M
$146.7M
Q1 24
$66.8M
Net Profit
IVT
IVT
NVGS
NVGS
Q4 25
$2.7M
Q3 25
$6.0M
Q2 25
$95.9M
$21.5M
Q1 25
$6.8M
Q4 24
$9.8M
Q3 24
$-539.0K
Q2 24
$1.5M
$23.2M
Q1 24
$2.9M
Operating Margin
IVT
IVT
NVGS
NVGS
Q4 25
-11.0%
Q3 25
-9.8%
Q2 25
15.8%
Q1 25
-10.5%
Q4 24
-3.6%
Q3 24
-18.7%
Q2 24
-13.6%
26.9%
Q1 24
-13.1%
Net Margin
IVT
IVT
NVGS
NVGS
Q4 25
3.4%
Q3 25
8.1%
Q2 25
130.4%
16.5%
Q1 25
9.2%
Q4 24
13.8%
Q3 24
-0.8%
Q2 24
2.2%
15.8%
Q1 24
4.3%
EPS (diluted)
IVT
IVT
NVGS
NVGS
Q4 25
$0.02
Q3 25
$0.08
Q2 25
$1.23
$0.31
Q1 25
$0.09
Q4 24
$0.14
Q3 24
$-0.01
Q2 24
$0.02
$0.32
Q1 24
$0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IVT
IVT
NVGS
NVGS
Cash + ST InvestmentsLiquidity on hand
$238.1M
Total DebtLower is stronger
$825.9M
Stockholders' EquityBook value
$1.8B
$1.2B
Total Assets
$2.8B
$2.4B
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IVT
IVT
NVGS
NVGS
Q4 25
Q3 25
Q2 25
$238.1M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Total Debt
IVT
IVT
NVGS
NVGS
Q4 25
$825.9M
Q3 25
$764.6M
Q2 25
$746.3M
Q1 25
$740.7M
Q4 24
$740.4M
Q3 24
$740.1M
Q2 24
$812.2M
Q1 24
$827.5M
Stockholders' Equity
IVT
IVT
NVGS
NVGS
Q4 25
$1.8B
Q3 25
$1.8B
Q2 25
$1.8B
$1.2B
Q1 25
$1.7B
Q4 24
$1.8B
Q3 24
$1.8B
Q2 24
$1.5B
$1.2B
Q1 24
$1.5B
Total Assets
IVT
IVT
NVGS
NVGS
Q4 25
$2.8B
Q3 25
$2.7B
Q2 25
$2.7B
$2.4B
Q1 25
$2.6B
Q4 24
$2.6B
Q3 24
$2.6B
Q2 24
$2.5B
$2.1B
Q1 24
$2.5B
Debt / Equity
IVT
IVT
NVGS
NVGS
Q4 25
0.46×
Q3 25
0.42×
Q2 25
0.41×
Q1 25
0.42×
Q4 24
0.42×
Q3 24
0.42×
Q2 24
0.53×
Q1 24
0.53×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IVT
IVT
NVGS
NVGS
Operating Cash FlowLast quarter
$155.4M
Free Cash FlowOCF − Capex
$110.9M
FCF MarginFCF / Revenue
143.3%
Capex IntensityCapex / Revenue
57.5%
Cash ConversionOCF / Net Profit
58.41×
TTM Free Cash FlowTrailing 4 quarters
$193.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IVT
IVT
NVGS
NVGS
Q4 25
$155.4M
Q3 25
$43.8M
Q2 25
$48.7M
Q1 25
$20.2M
Q4 24
$136.9M
Q3 24
$38.4M
Q2 24
$46.7M
Q1 24
$14.8M
Free Cash Flow
IVT
IVT
NVGS
NVGS
Q4 25
$110.9M
Q3 25
$31.4M
Q2 25
$38.0M
Q1 25
$12.8M
Q4 24
$100.8M
Q3 24
$29.3M
Q2 24
$37.2M
Q1 24
$7.7M
FCF Margin
IVT
IVT
NVGS
NVGS
Q4 25
143.3%
Q3 25
42.2%
Q2 25
51.6%
Q1 25
17.4%
Q4 24
141.5%
Q3 24
42.8%
Q2 24
55.2%
Q1 24
11.5%
Capex Intensity
IVT
IVT
NVGS
NVGS
Q4 25
57.5%
Q3 25
16.7%
Q2 25
14.6%
Q1 25
10.0%
Q4 24
50.7%
Q3 24
13.3%
Q2 24
14.0%
Q1 24
10.6%
Cash Conversion
IVT
IVT
NVGS
NVGS
Q4 25
58.41×
Q3 25
7.27×
Q2 25
0.51×
Q1 25
2.97×
Q4 24
13.97×
Q3 24
Q2 24
31.15×
Q1 24
5.10×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IVT
IVT

Segment breakdown not available.

NVGS
NVGS

Time Charters$91.5M71%
Voyage Charters$25.7M20%
Other$12.4M10%

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