NCLH

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Norwegian Cruise Line Holdings Ltd.

Cyclical demand Consumer brandTags from an AI model reading the company description.

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Key Metrics

Previous Close: $14.64
52-Week Range: $13.63 – $25.13
Market Cap: $6.95B
P/E (TTM): 9.35
EPS (TTM): 1.62
Dividend Yield: 0.00%

Advanced Metrics

Price/Book: 2.70
PEG Ratio: 1.26
Return on Equity: 36.73%
Return on Assets: 4.25%
Gross Margin: 42.46%
Operating Margin: 14.04%
Profit Margin: 7.49%
Current Ratio: 0.20
Debt/Equity: 6.21
Total Debt: $15.98B
Free Cash Flow: $-1.68B
Revenue Growth: 4.90%
Earnings Growth: 616.30%
Enterprise Value: $22.71B

NCLH Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$4.84B	$8.55B	$9.48B	$9.83B
Cost of Revenue	$4.27B	$5.47B	$5.69B	$5.64B
Gross Profit	$576.67M	$3.08B	$3.79B	$4.19B
Selling, General & Admin	$1.38B	$1.34B	$1.43B	$1.55B
Operating Expenses	$2.13B	$2.15B	$2.33B	$2.63B
Operating Income	-$1.55B	$930.91M	$1.47B	$1.56B
EBITDA	-$665.14M	$1.77B	$2.49B	$2.54B
Pretax Income	-$2.28B	$163.18M	$772.91M	$428.72M
Income Tax	-$6.79M	-$3.00M	-$137.35M	$5.47M
Net Income	-$2.27B	$166.18M	$910.26M	$423.25M
Diluted EPS	-5.41	0.39	1.89	0.92
Diluted Shares	419.77M	427.40M	515.03M	477.74M

NCLH Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$946.99M	$402.42M	$190.76M	$209.89M
Receivables	$326.27M	$280.27M	$221.41M	$291.66M
Inventory	$148.72M	$157.65M	$149.72M	$138.18M
Current Assets	$1.87B	$1.31B	$1.01B	$1.14B
Total Assets	$18.56B	$19.49B	$19.97B	$22.54B
Current Liabilities	$5.05B	$6.04B	$5.78B	$5.45B
Long-Term Debt	$12.63B	$12.31B	$11.78B	$13.73B
Total Debt	$13.62B	$14.06B	$13.10B	$14.61B
Total Liabilities	$18.49B	$19.19B	$18.54B	$20.33B
Retained Earnings	-$7.07B	-$6.90B	-$5.99B	-$5.57B
Shareholders' Equity	$68.59M	$300.81M	$1.43B	$2.21B
Working Capital	-$3.18B	-$4.73B	-$4.77B	-$4.31B
Net Debt	$12.67B	$13.66B	$12.91B	$14.40B

NCLH Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$210.02M	$2.01B	$2.05B	$2.09B
Capital Expenditure	-$1.78B	-$2.75B	-$1.21B	-$3.26B
Free Cash Flow	-$1.57B	-$744.65M	$838.87M	-$1.17B
Depreciation & Amortisation	$810.05M	$883.24M	$973.51M	$1.16B
Stock-Based Compensation	$113.56M	$118.94M	$91.78M	$88.39M
Investing Cash Flow	-$1.76B	-$2.90B	-$1.23B	-$3.26B
Financing Cash Flow	$986.22M	$346.86M	-$1.03B	$1.19B
Net Change in Cash	-$559.66M	-$544.57M	-$211.65M	$19.13M

NCLH Income statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$2.52B	$2.94B	$2.24B	$2.33B	$2.64B
Cost of Revenue	$1.46B	$1.55B	$1.32B	$1.38B	$1.59B
Gross Profit	$1.06B	$1.38B	$920.88M	$953.34M	$1.05B
Selling, General & Admin	$393.05M	$383.00M	$381.37M	$459.68M	$419.20M
Operating Expenses	$636.81M	$633.83M	$734.24M	$720.40M	$690.41M
Operating Income	$423.84M	$749.45M	$186.64M	$232.94M	$363.33M
EBITDA	$531.85M	$1.04B	$550.27M	$555.03M	$690.89M
Pretax Income	$30.63M	$433.64M	$5.89M	$107.66M	$225.96M
Income Tax	$637.00K	$14.34M	-$8.36M	$2.99M	$3.40M
Net Income	$29.99M	$419.30M	$14.25M	$104.67M	$222.55M
Diluted EPS	0.07	0.86	0.03	0.23	0.48
Diluted Shares	448.03M	495.73M	459.52M	466.15M	463.93M

NCLH Balance Sheet statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$184.01M	$166.80M	$209.89M	$185.05M	$218.10M
Receivables	$265.78M	$252.63M	$291.66M	$277.10M	$276.96M
Inventory	$160.56M	$155.51M	$138.18M	$162.72M	$161.30M
Current Assets	$1.17B	$1.04B	$1.14B	$1.31B	$1.27B
Total Assets	$21.60B	$22.21B	$22.54B	$23.79B	$24.01B
Current Liabilities	$6.39B	$5.35B	$5.45B	$6.22B	$6.32B
Long-Term Debt	$12.63B	$13.65B	$13.73B	$13.98B	$13.89B
Total Debt	$13.76B	$14.52B	$14.61B	$15.15B	$15.03B
Total Liabilities	$20.03B	$20.02B	$20.33B	$21.36B	$21.44B
Retained Earnings	-$6.00B	-$5.58B	-$5.57B	-$5.46B	-$5.24B
Shareholders' Equity	$1.57B	$2.19B	$2.21B	$2.43B	$2.57B
Working Capital	-$5.22B	-$4.31B	-$4.31B	-$4.91B	-$5.05B
Net Debt	$13.58B	$14.35B	$14.40B	$14.97B	$14.82B

NCLH Cash Flow statement, quarterly periods, in USD
USD	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	$714.85M	$236.56M	$459.11M	$811.45M	$602.59M
Capital Expenditure	-$333.64M	-$963.10M	-$437.65M	-$1.44B	-$457.69M
Free Cash Flow	$381.21M	-$726.53M	$21.46M	-$625.22M	$144.89M
Depreciation & Amortisation	$264.44M	$272.79M	$374.35M	$281.39M	$294.05M
Stock-Based Compensation	$25.90M	$18.42M	$23.80M	$23.36M	$22.73M
Investing Cash Flow	-$335.82M	-$963.48M	-$433.14M	-$1.44B	-$458.76M
Financing Cash Flow	-$379.38M	$709.71M	$17.13M	$603.53M	-$110.77M
Net Change in Cash	-$344.00K	-$17.21M	$43.09M	-$24.85M	$33.05M

Market Snapshot

About

Norwegian Cruise Line Holdings Ltd. is a leading global cruise company operating Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. The company serves diverse market segments from contemporary to luxury cruising.