norwegian cruise line holdings ltd. - NCLH

NCLH

Close Chg Chg %
20.24 -0.39 -1.93%

Closed Market

19.85

-0.39 (1.93%)

Volume: 17.20M

Last Updated:

Mar 26, 2026, 3:59 PM EDT

Company Overview: norwegian cruise line holdings ltd. - NCLH

NCLH Key Data

Open

$19.91

Day Range

19.61 - 20.28

52 Week Range

14.21 - 27.18

Market Cap

$9.21B

Shares Outstanding

455.55M

Public Float

453.89M

Beta

2.00

Rev. Per Employee

N/A

P/E Ratio

22.10

EPS

$0.94

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

23.84M

 

NCLH Performance

1 Week
 
6.70%
 
1 Month
 
-18.43%
 
3 Months
 
-11.35%
 
1 Year
 
5.59%
 
5 Years
 
-24.61%
 

NCLH Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 24
Full Ratings ➔

About norwegian cruise line holdings ltd. - NCLH

Norwegian Cruise Line Holdings Ltd. engages in the provision of cruise travel services. It offers cruise experiences for travelers with itineraries in Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii. Its brands include Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. The company was founded in 1966 and is headquartered in Miami, FL.

NCLH At a Glance

Norwegian Cruise Line Holdings Ltd.
7665 Corporate Center Drive
Miami, Florida 33126
Phone 1-305-468-2339 Revenue 9.83B
Industry Hotels/Resorts/Cruise lines Net Income 423.25M
Sector Consumer Services 2025 Sales Growth 3.67%
Fiscal Year-end 12 / 2026 Employees 44,500
View SEC Filings

NCLH Valuation

P/E Current 22.096
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 24.391
Price to Sales Ratio 1.085
Price to Book Ratio 4.598
Price to Cash Flow Ratio 5.10
Enterprise Value to EBITDA 9.49
Enterprise Value to Sales 2.645
Total Debt to Enterprise Value 0.598

NCLH Efficiency

Revenue/Employee 220,844.764
Income Per Employee 9,511.146
Receivables Turnover 33.695
Total Asset Turnover 0.462

NCLH Liquidity

Current Ratio 0.145
Quick Ratio 0.12
Cash Ratio 0.038

NCLH Profitability

Gross Margin 32.936
Operating Margin 17.176
Pretax Margin 4.362
Net Margin 4.307
Return on Assets 1.991
Return on Equity 23.285
Return on Total Capital 2.385
Return on Invested Capital 2.746

NCLH Capital Structure

Total Debt to Total Equity 703.028
Total Debt to Total Capital 87.547
Total Debt to Total Assets 68.923
Long-Term Debt to Equity 661.942
Long-Term Debt to Total Capital 82.431
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Norwegian Cruise Line Holdings Ltd. - NCLH

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
4.84B 8.55B 9.48B 9.83B
Sales Growth
+647.51% +76.51% +10.87% +3.67%
Cost of Goods Sold (COGS) incl D&A
4.91B 6.23B 6.55B 6.59B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
803.00M 870.42M 957.03M 1.05B
Depreciation
803.00M 870.42M 957.03M 1.05B
Amortization of Intangibles
- - - -
-
COGS Growth
+116.78% +26.91% +5.22% +0.62%
Gross Income
(61.35M) 2.32B 2.93B 3.24B
Gross Income Growth
+96.20% +3,889.28% +26.02% +10.49%
Gross Profit Margin
-1.27% +27.19% +30.90% +32.94%
2022 2023 2024 2025 5-year trend
SG&A Expense
1.37B 1.34B 1.43B 1.55B
Research & Development
- - - -
-
Other SG&A
1.37B 1.34B 1.43B 1.55B
SGA Growth
+53.34% -1.84% +6.93% +7.95%
Other Operating Expense
- - - -
-
Unusual Expense
186.75M 12.02M 28.27M 367.19M
EBIT after Unusual Expense
(1.62B) 970.85M 1.47B 1.32B
Non Operating Income/Expense
(53.57M) (88.94M) 24.50M (210.65M)
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
608.07M 718.73M 718.02M 681.42M
Interest Expense Growth
-8.73% +18.20% -0.10% -5.10%
Gross Interest Expense
666.47M 775.13M 777.92M 769.92M
Interest Capitalized
58.40M 56.40M 59.90M 88.50M
Pretax Income
(2.28B) 163.18M 772.91M 428.72M
Pretax Income Growth
+49.42% +107.17% +373.66% -44.53%
Pretax Margin
-47.00% +1.91% +8.15% +4.36%
Income Tax
(6.79M) (3.00M) (137.35M) 5.47M
Income Tax - Current - Domestic
(12.71M) (20.00K) 5.75M 1.13M
Income Tax - Current - Foreign
- 7.18M (2.85M) 13.05M
Income Tax - Deferred - Domestic
- (104.00K) (156.50M) 4.34M
Income Tax - Deferred - Foreign
- (1.27M) (28.00K) 347.00K
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(2.27B) 166.18M 910.26M 423.25M
Minority Interest Expense
- - - -
-
Net Income
(2.27B) 166.18M 910.26M 423.25M
Net Income Growth
+49.63% +107.32% +447.76% -53.50%
Net Margin Growth
-46.86% +1.94% +9.60% +4.31%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(2.27B) 166.18M 910.26M 423.25M
Preferred Dividends
- - - -
-
Net Income Available to Common
(2.27B) 166.18M 910.26M 423.25M
EPS (Basic)
-5.4075 0.3915 2.0912 0.9436
EPS (Basic) Growth
+56.15% +107.24% +434.15% -54.88%
Basic Shares Outstanding
419.77M 424.42M 435.28M 448.54M
EPS (Diluted)
-5.4075 0.3888 1.7674 0.9151
EPS (Diluted) Growth
+56.15% +107.19% +354.58% -48.22%
Diluted Shares Outstanding
419.77M 427.40M 515.03M 477.74M
EBITDA
(625.31M) 1.85B 2.45B 2.74B
EBITDA Growth
+64.32% +396.38% +32.29% +11.70%
EBITDA Margin
-12.91% +21.68% +25.86% +27.87%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 25.50
Number of Ratings 24 Current Quarters Estimate 0.159
FY Report Date 03 / 2026 Current Year's Estimate 2.34
Last Quarter’s Earnings 0.28 Median PE on CY Estimate N/A
Year Ago Earnings 2.11 Next Fiscal Year Estimate 2.65
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 18 18 21 22
Mean Estimate 0.16 0.57 2.34 2.65
High Estimates 0.19 0.65 2.54 3.16
Low Estimate 0.12 0.43 2.03 2.29
Coefficient of Variance 9.71 11.40 4.86 7.37

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 10 11 13
OVERWEIGHT 2 3 3
HOLD 12 11 9
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Norwegian Cruise Line Holdings Ltd. - NCLH

Date Name Shares Transaction Value
Feb 26, 2026 Daniel Seth Farkas EVP GC, CDO & Sec y 447,367 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 26, 2026 Mark A. Kempa EVP & CFO 501,452 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 26, 2026 Patrik Dahlgren EVP, Chief Vessel Ops & NO 235,069 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

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