NCLH - NYSE
Norwegian Cruise Line Holdings Ltd.
$18.15
-0.60%Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various locations, including destinations in Scandinavia, Russia, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean. As of December 31, 2021, the company had 28 ships with approximately 59,150 berths. It distributes its products through retail/travel advisor and onboard cruise sales channels, as well as meetings, incentives, and charters. Norwegian Cruise Line Holdings Ltd. was founded in 1966 and is based in Miami, Florida.
At a Glance
Live SnapshotNorwegian Cruise Line Holdings Ltd. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.
CapEx Intensity
Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.
FCF Growth Trend
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Working Capital Impact
Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.
Cash Flow Quality Insight
Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.
Norwegian Cruise Line Holdings Ltd. Cash Flow Statement
NCLH • NYSE
| Norwegian Cruise Line Holdings Ltd. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
423.2M | 910.3M | 166.2M | -2.3B | -4.5B | -4B | 930.2M | 954.8M | 759.9M | 633.1M | 427.1M | 342.6M | 102.9M | 168.6M | 126.9M | 22.6M | 67.2M | -211.8M | -227M | -130.9M | |
1.2B | 973.5M | 883.2M | 810.1M | 758.6M | 739.6M | 647.1M | 567M | 521.5M | 445.6M | 450.3M | 304.9M | 245.1M | 216.1M | 211M | 191.9M | 169.7M | 162.6M | 148M | 119.1M | |
0.0 | 0.0 | 0.0 | -1.2M | 78K | 12.8M | -26.1M | 1.5M | 9.2M | -2.4M | 1.3M | 6.2M | 2.8M | 4.3M | -1.3M | 603K | 22.7M | 17.3M | 0.0 | 0.0 | |
88.4M | 91.8M | 118.9M | 113.6M | 124.1M | 111.3M | 95.1M | 116M | 87M | 66.4M | 42.2M | 14.6M | 23.1M | 5.2M | 1.2M | 2.5M | 4.1M | 865K | 0.0 | 0.0 | |
411.5M | -151.2M | 28M | 197.9M | 1.4B | 1.7B | 11.2M | 6.4M | 9M | 22.9M | -9.4M | 22.9M | 35.5M | 6M | -1.1M | 6.4M | -28.7M | 108.3M | 95.4M | 44.5M | |
(0.0) | (4.6B) | (0.0) | (0.0) | (2.7B) | (3.5M) | (0.0) | (0.0) | (11.7K) | (0.0) | (10.3K) | (9.8K) | (1.1K) | (400.0) | (900.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
4.5M | 225.4M | 809.4M | 1.4B | -204.1M | -1.1B | 165.2M | 429.5M | 199.2M | 74.1M | 132.2M | -55.6M | 65.9M | -1.6M | 20.2M | 194.9M | -184.2M | -100.5M | 19.9M | 114.8M | |
2.1B | 2B | 2B | 210M | -2.5B | -2.6B | 1.8B | 2.1B | 1.6B | 1.2B | 1B | 635.6M | 475.3M | 398.6M | 357M | 418.9M | 50.7M | -23.3M | 36.3M | 147.5M | |
INVESTING ACTIVITIES | ||||||||||||||||||||
-3.3B | -1.2B | -2.8B | -1.8B | -752.8M | -946.5M | -1.6B | -1.6B | -1.4B | -1.1B | -1.1B | -1.1B | -894.9M | -303.8M | -184.8M | -977.5M | -161.8M | -163.6M | -582.8M | -809.4M | |
(0.0) | -27.3M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (499K) | (0.0) | (0.0) | -826.7M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
(0.0) | (0.0) | (0.0) | -224.1M | -1B | -31.5M | -47.1M | -1.7M | -35.7M | -36.8M | -83.5M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
0.0 | 0.0 | 0.0 | 240M | 770M | 0.0 | 289K | 64.8M | 2.3M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
-5.1M | 8.9M | -146.8M | 12.1M | 12.3M | 2.7M | 3.8M | 1M | 165K | -36.8M | -83.5M | -5.3M | 0.0 | 0.0 | 0.0 | 8.5M | -4.7M | -2.6M | 1.3M | 53.2M | |
-3.3B | -1.2B | -2.9B | -1.8B | -1B | -975.4M | -1.7B | -1.5B | -1.4B | -1.1B | -1.2B | -1.9B | -894.9M | -303.8M | -184.8M | -968.9M | -166.6M | -166.2M | -581.6M | -756.2M | |
FINANCING ACTIVITIES | ||||||||||||||||||||
121.1M | -25.3M | -21.6M | -15.7M | 2.7B | 1.5B | -338.9M | -649.8M | 30M | -40.8M | -37.3M | -76.1M | 475.9M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
1.3B | -870.4M | 564.7M | 1.2B | 488.3M | 5.2B | 315.6M | 188.6M | -100.5M | 9.9M | 249.5M | 1.4B | 12M | -58.8M | -166.6M | 645.9M | -128M | -401.7M | 516.5M | 409.8M | |
-23.8M | -25.3M | -26.9M | -21M | -16.7M | -15.4M | -370.8M | -678.7M | (0.0) | -50M | -107.3M | -82M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-238.1M | -136.3M | -196.3M | -230.9M | -1.5B | -135.3M | -30.1M | -123.6M | -62.5M | -67.4M | -17M | -147.6M | -55.4M | -49.4M | -1.7M | -91M | 108.3M | 736.7M | 5.5M | 202M | |
1.2B | -1B | 346.9M | 986.2M | 1.7B | 6.6B | -53.4M | -584.8M | -133M | -98.3M | 195.2M | 1.2B | 430.5M | -108.2M | -168.3M | 554.9M | -19.7M | 335M | 522M | 611.9M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
19.1M | -211.7M | -544.6M | -559.7M | -1.8B | 3B | 89M | -12.3M | 47.8M | 12.4M | 31.1M | 28.4M | 11M | -13.4M | 3.9M | 4.9M | -135.6M | 145.4M | -23.2M | 3.1M | |
190.8M | 402.4M | 947M | 1.5B | 3.3B | 252.9M | 163.9M | 176.2M | 128.3M | 115.9M | 84.8M | 56.5M | 45.5M | 58.9M | 55M | 50.2M | 185.7M | 40.3M | 63.5M | 60.4M | |
209.9M | 190.8M | 402.4M | 947M | 1.5B | 3.3B | 252.9M | 163.9M | 176.2M | 128.3M | 115.9M | 84.8M | 56.5M | 45.5M | 58.9M | 55M | 50.2M | 185.7M | 40.3M | 63.5M | |
-1.2B | 838.9M | -744.6M | -1.6B | -3.2B | -3.5B | 185.4M | 508.4M | 213.5M | 147.6M | -81.6M | -416.4M | -419.6M | 94.8M | 172.2M | -558.5M | -111.1M | -186.9M | -546.5M | -661.9M |
SEC Filings
NCLH - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 29, 2026 | May 29, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 04, 2026 | May 04, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 04, 2026 | March 31, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 30, 2026 | June 11, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 27, 2026 | March 26, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 27, 2026 | March 26, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 16, 2026 | March 16, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 02, 2026 | March 02, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 02, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 12, 2026 | February 12, 2026 | 2026 |
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