Norwegian Cruise Line Holdings Ltd. Ordinary Shares (NCLH) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
Norwegian Cruise Line is the world's third-largest publicly traded cruise company by berths (around 75,000). It operates 35 ships across three brands—Norwegian, Oceania, and Regent Seven Seas—offer...
Norwegian Cruise Line Holdings Ltd. Ordinary Shares's revenue increased 3.7% year over year, from $9.48B to $9.83B.
Net income decreased 53.5% over the same period, from $910.3M to $423.2M.
Over the 9-year period from FY2016 to FY2025, revenue grew by 102% in total.
Total debt increased by 11.5% to $14.61B.
The debt-to-equity ratio stands at 6.61, indicating a high leverage profile.
Operating cash flow grew 1.9% to $2.09B.
Norwegian Cruise Line Holdings Ltd. Ordinary Shares maintains a moderate net profit margin of 4.3%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $2.81B+18.3% | $474.9M | $1.27B | $691.2M | $172.5M | $19.79B | $13.41B | $1.14B |
| Q4 FY2024 | $2.11B-24.8% | $254.5M | $801.8M | $214.7M | $399.3M | $19.97B | $13.10B | $1.43B |
| Q1 FY2025 | $2.13B+0.9% | $-40.3M | $823.6M | $200.9M | $679.2M | $21.35B | $13.99B | $1.42B |
| Q2 FY2025 | $2.52B+18.3% | $30.0M | $1.06B | $423.8M | $714.9M | $21.60B | $13.76B | $1.57B |
| Q3 FY2025 | $2.94B+16.7% | $419.3M | $1.38B | $749.4M | $236.6M | $22.21B | $14.52B | $2.19B |
| Q4 FY2025 | $2.24B-23.6% | $14.3M | $920.9M | $186.6M | $459.1M | $22.54B | $14.61B | $2.21B |
| Q1 FY2026 | $2.33B+3.9% | $104.7M | $953.3M | $232.9M | $811.5M | $23.79B | $16.08B | $2.43B |
| Q2 FY2026 | $2.64B+13.3% | $222.6M | $1.05B | $363.3M | $602.6M | $24.01B | $15.98B | $2.57B |
Balance Sheet Summary (Q2 FY2026)
Norwegian Cruise Line Holdings Ltd. Ordinary Shares (NCLH) Financial Statements & Revenue History
Norwegian Cruise Line Holdings Ltd. Ordinary Shares (NCLH) is a US-listed stock operating in the Consumer Cyclical sector, specifically the Water Transportation industry trading at $15.04 with a market capitalization of $7. This page provides 42 historical financial statements for Norwegian Cruise Line Holdings Ltd. Ordinary Shares, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Norwegian Cruise Line Holdings Ltd. Ordinary Shares reported revenue of $9.8 billion, representing 3.7% year-over-year growth. The net profit margin of 4.3% suggests thin margins. The debt-to-equity ratio of 6.61 signals high leverage.
NCLH Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Norwegian Cruise Line Holdings Ltd. Ordinary Shares's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether NCLH is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track NCLH's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Norwegian Cruise Line Holdings Ltd. Ordinary Shares converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of NCLH's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use NCLH Financial Data
Investors use Norwegian Cruise Line Holdings Ltd. Ordinary Shares's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare NCLH's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how NCLH's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View NCLH's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Norwegian Cruise Line Holdings Ltd. Ordinary Shares's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.NCLH trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.