Norwegian Cruise Line Holdings Ltd.

Norwegian Cruise Line Holdings Ltd.

NCLHยทNYSE

$18.15

+0.50%
Consumer CyclicalTravel Services

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 Snapshot
Market Cap$8.33B
EPS0.9400
P/E Ratio19.31
Earnings Date07/30/2026
3Y+103.0%
5Y+668.0%
10Y+102.0%
3Y-119.0%
5Y-111.0%
10Y-33.0%
3Y+895.0%
5Y-182.0%
10Y+69.0%
Norwegian Cruise Line Holdings Ltd.

Norwegian Cruise Line Holdings Ltd. Profit Bridge

NCLH ยท NYSE
Revenue9.83B
Cost of Goods Sold (6.69B)
Gross Profit3.14B
Operating Expenses (1.55B)
Operating Income1.59B
Interest Expense (2.23B)
Other Income/Expense-1.16B
Pretax Income428.72M
Income Tax (5.47M)
Net Income423.25M
Net Income
423.25M

Profitability Analysis

Gross Margin

32.0%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

16.2%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

4.3%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

1.3%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Interest or tax burden: Strong operational performance but thin net margins indicate high interest expenses or unfavorable tax position eating into profits.

Norwegian Cruise Line Holdings Ltd. Income Statement

NCLH โ€ข NYSE

Norwegian Cruise Line Holdings Ltd. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
9.8B
9.5B
8.5B
4.8B
648M
1.3B
6.5B
6.1B
5.4B
4.9B
4.3B
3.1B
2.6B
2.3B
2.2B
2B
1.9B
2.1B
2.2B
2B
GROSS PROFIT
(6.7B)
(5.7B)
(5.5B)
(4.3B)
(1.6B)
(1.7B)
(3.7B)
(3.4B)
(3.1B)
(2.9B)
(2.7B)
(1.9B)
(1.7B)
(1.5B)
(1.5B)
(1.3B)
(1.3B)
(1.6B)
(1.7B)
(1.6B)
3.1B
3.8B
3.1B
576.7M
-960.1M
-413.2M
2.8B
2.7B
2.3B
2B
1.7B
1.2B
912.6M
797.8M
751.4M
664.8M
565.8M
527.9M
479.9M
408.9M
OPERATING INCOME
(1.5B)
(2.3B)
(2.2B)
(2.1B)
(1.6B)
(3.1B)
(1.6B)
(1.5B)
(1.3B)
(1.1B)
(987.1M)
(676.3M)
(516.7M)
(440.7M)
(435.3M)
(434.6M)
(394.4M)
(462.4M)
(435.1M)
(368.3M)
(1.5B)
(1.4B)
(1.3B)
(1.4B)
(891.5M)
(745.3M)
(974.9M)
(897.9M)
(773.8M)
(666.2M)
(555M)
(403.2M)
(301.2M)
(251.2M)
(251.4M)
(264.4M)
(241.7M)
(299.8M)
(287.1M)
(249.3M)
1.6B
1.5B
930.9M
-1.6B
-2.6B
-3.5B
1.2B
1.2B
1B
925.5M
702.5M
502.9M
395.9M
357.1M
316.1M
230.2M
171.4M
-63.2M
42.2M
32.6M
PRE-TAX INCOME
(2.2B)
(747.2M)
(727.5M)
(801.5M)
(2.1B)
(482.3M)
(257.3M)
(270.4M)
(267.8M)
(276.9M)
(221.9M)
(151.8M)
(282.6M)
(189.9M)
(190.2M)
(173.8M)
(115.4M)
(152.4M)
(175.4M)
(136.5M)
-2.2B
-747.2M
-727.5M
-801.5M
-2.1B
-482.3M
-257.3M
-270.4M
-267.8M
-276.9M
-221.9M
-151.8M
-282.6M
-189.9M
-190.2M
-173.7M
-114.5M
-149.6M
-174M
-133.1M
(0.0)
(890.2M)
(808.6M)
(749.3M)
(700.8M)
(2.3B)
(646.2M)
(561.1M)
(510M)
(432.5M)
(432.1M)
(273.1M)
(215.6M)
(189.5M)
(184M)
(170.2M)
(152.7M)
(162.6M)
(148M)
(119.1M)
-1.2B
-693M
-767.7M
-724.9M
-1.9B
-515.9M
-266.7M
-249.8M
-278.2M
-285.2M
-268.6M
-162.6M
-281.2M
-188.5M
-187.6M
-34M
10.4M
-127.8M
-97.7M
-38.4M
428.7M
772.9M
163.2M
-2.3B
-4.5B
-4B
911.4M
969.3M
770.6M
640.3M
433.9M
340.3M
114.7M
168.6M
126.9M
196.3M
181.7M
-191M
-55.5M
-5.8M
NET INCOME
(5.5M)
-137.4M
-3M
-6.8M
(5.3M)
(12.5M)
-18.9M
(14.5M)
(10.7M)
(7.2M)
(6.8M)
-2.3M
(11.8M)
(0.0)
(192.4M)
(207.6M)
(104.1M)
(277.3M)
(271.7M)
(171.5M)
423.2M
910.3M
166.2M
-2.3B
-4.5B
-4B
930.2M
954.8M
759.9M
633.1M
427.1M
338.4M
101.7M
168.6M
126.9M
23M
67M
-211.8M
-227M
-130.9M

SEC Filings

NCLH - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
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
Showing 1 to 10 of 334 filings