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Side-by-side financial comparison of Navigator Holdings Ltd. (NVGS) and Vroom, Inc. (VRM). Click either name above to swap in a different company.

Vroom, Inc. is the larger business by last-quarter revenue ($235.9M vs $129.6M, roughly 1.8× Navigator Holdings Ltd.). Navigator Holdings Ltd. runs the higher net margin — 16.5% vs -59.8%, a 76.4% gap on every dollar of revenue. On growth, Vroom, Inc. posted the faster year-over-year revenue change (12.9% vs -11.6%).

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.

Vroom, Inc. is a parent company of United Auto Credit Corporation (UACC) and CarStory. Previously, Vroom was a used car retailer and e-commerce company that let consumers buy, sell, and finance cars online. Vroom ceased e-commerce automotive sales operations on January 22, 2024.

NVGS vs VRM — Head-to-Head

Bigger by revenue
VRM
VRM
1.8× larger
VRM
$235.9M
$129.6M
NVGS
Growing faster (revenue YoY)
VRM
VRM
+24.6% gap
VRM
12.9%
-11.6%
NVGS
Higher net margin
NVGS
NVGS
76.4% more per $
NVGS
16.5%
-59.8%
VRM

Income Statement — Q2 FY2025 vs Q4 FY2023

Metric
NVGS
NVGS
VRM
VRM
Revenue
$129.6M
$235.9M
Net Profit
$21.5M
$-141.1M
Gross Margin
12.3%
Operating Margin
15.8%
-11.5%
Net Margin
16.5%
-59.8%
Revenue YoY
-11.6%
12.9%
Net Profit YoY
-7.7%
-669.8%
EPS (diluted)
$0.31
$-80.66

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
NVGS
NVGS
VRM
VRM
Q2 25
$129.6M
Q2 24
$146.7M
Q4 23
$235.9M
Q3 23
$235.6M
Q2 23
$135.3M
$225.2M
Q1 23
$196.5M
Q4 22
$208.9M
Q3 22
$340.8M
Net Profit
NVGS
NVGS
VRM
VRM
Q2 25
$21.5M
Q2 24
$23.2M
Q4 23
$-141.1M
Q3 23
$-82.7M
Q2 23
$26.6M
$-66.0M
Q1 23
$-74.7M
Q4 22
$24.8M
Q3 22
$-51.1M
Gross Margin
NVGS
NVGS
VRM
VRM
Q2 25
Q2 24
Q4 23
12.3%
Q3 23
20.4%
Q2 23
20.4%
Q1 23
19.8%
Q4 22
14.1%
Q3 22
19.8%
Operating Margin
NVGS
NVGS
VRM
VRM
Q2 25
15.8%
Q2 24
26.9%
Q4 23
-11.5%
Q3 23
-18.0%
Q2 23
26.6%
-23.4%
Q1 23
-34.7%
Q4 22
-37.2%
Q3 22
-22.9%
Net Margin
NVGS
NVGS
VRM
VRM
Q2 25
16.5%
Q2 24
15.8%
Q4 23
-59.8%
Q3 23
-35.1%
Q2 23
19.7%
-29.3%
Q1 23
-38.0%
Q4 22
11.9%
Q3 22
-15.0%
EPS (diluted)
NVGS
NVGS
VRM
VRM
Q2 25
$0.31
Q2 24
$0.32
Q4 23
$-80.66
Q3 23
$-47.38
Q2 23
$0.36
$-37.97
Q1 23
$-43.16
Q4 22
Q3 22
$-0.37

Balance Sheet & Financial Strength

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

Metric
NVGS
NVGS
VRM
VRM
Cash + ST InvestmentsLiquidity on hand
$238.1M
$135.6M
Total DebtLower is stronger
$454.2M
Stockholders' EquityBook value
$1.2B
$127.7M
Total Assets
$2.4B
$1.5B
Debt / EquityLower = less leverage
3.56×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NVGS
NVGS
VRM
VRM
Q2 25
$238.1M
Q2 24
Q4 23
$135.6M
Q3 23
$208.6M
Q2 23
$237.9M
Q1 23
$316.7M
Q4 22
$398.9M
Q3 22
$509.7M
Total Debt
NVGS
NVGS
VRM
VRM
Q2 25
Q2 24
Q4 23
$454.2M
Q3 23
$521.4M
Q2 23
$544.9M
Q1 23
$554.7M
Q4 22
$402.2M
Q3 22
$607.8M
Stockholders' Equity
NVGS
NVGS
VRM
VRM
Q2 25
$1.2B
Q2 24
$1.2B
Q4 23
$127.7M
Q3 23
$263.6M
Q2 23
$1.2B
$343.4M
Q1 23
$407.1M
Q4 22
$479.8M
Q3 22
$445.1M
Total Assets
NVGS
NVGS
VRM
VRM
Q2 25
$2.4B
Q2 24
$2.1B
Q4 23
$1.5B
Q3 23
$1.6B
Q2 23
$2.3B
$1.6B
Q1 23
$1.7B
Q4 22
$1.6B
Q3 22
$1.8B
Debt / Equity
NVGS
NVGS
VRM
VRM
Q2 25
Q2 24
Q4 23
3.56×
Q3 23
1.98×
Q2 23
1.59×
Q1 23
1.36×
Q4 22
0.84×
Q3 22
1.37×

Cash Flow & Capital Efficiency

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

Metric
NVGS
NVGS
VRM
VRM
Operating Cash FlowLast quarter
$-108.1M
Free Cash FlowOCF − Capex
$-108.8M
FCF MarginFCF / Revenue
-46.1%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-536.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NVGS
NVGS
VRM
VRM
Q2 25
Q2 24
Q4 23
$-108.1M
Q3 23
$-193.5M
Q2 23
$-147.1M
Q1 23
$-85.0M
Q4 22
$-86.0M
Q3 22
$114.4M
Free Cash Flow
NVGS
NVGS
VRM
VRM
Q2 25
Q2 24
Q4 23
$-108.8M
Q3 23
$-194.2M
Q2 23
$-147.5M
Q1 23
$-85.8M
Q4 22
$-90.2M
Q3 22
$110.5M
FCF Margin
NVGS
NVGS
VRM
VRM
Q2 25
Q2 24
Q4 23
-46.1%
Q3 23
-82.4%
Q2 23
-65.5%
Q1 23
-43.7%
Q4 22
-43.2%
Q3 22
32.4%
Capex Intensity
NVGS
NVGS
VRM
VRM
Q2 25
Q2 24
Q4 23
0.3%
Q3 23
0.3%
Q2 23
0.2%
Q1 23
0.4%
Q4 22
2.0%
Q3 22
1.2%
Cash Conversion
NVGS
NVGS
VRM
VRM
Q2 25
Q2 24
Q4 23
Q3 23
Q2 23
Q1 23
Q4 22
-3.47×
Q3 22

Financial Flow Comparison

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

Revenue Breakdown by Segment

NVGS
NVGS

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

VRM
VRM

Segment breakdown not available.

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