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Debt-to-equity at other companies

Carnival Corporation logo
Carnival CorporationCCL
2.2×-1.1×
Royal Caribbean Group logo
Royal Caribbean GroupRCL
2.3×+2.2×
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OneSpaWorld Holdings LimitedOSW
0.2×0.0×
MarineMax logo
MarineMaxHZO
1.1×-0.2×

Other financials

Income statement

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Revenue$2.6B+4.9%
Gross profit$1.1B-0.7%
Operating income$363.3M-14.3%
Net income$222.6M+642%
EPS (diluted)$0.48+586%

Balance sheet

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Cash & equivalents$218.1M+18.5%
Total debt$15.0B+9.0%
Total equity$2.6B+63.9%
Total assets$24.0B+11.2%

Cash flow

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Operating cash flow$602.6M-15.7%
CapEx$457.7M+37.2%
Free cash flow$144.9M

Valuation

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Market cap$9.32B-16.9%
Enterprise value$24.14B-2.7%
P/E12.3×-3.3×
P/S0.9×-0.3×

Profitability

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Gross margin42.5%+1.1pp
Operating margin15.1%-0.9pp
Net margin7.5%0.0pp
FCF margin-4.7%

Returns & leverage

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Return on equity36.7%-26.8pp
Current ratio0.2×0.0×

Where this comes from

Calculated from Norwegian Cruise Line Holdings Ltd.’s reported figures.

Based on the most recent quarter.

The source filing: Norwegian Cruise Line Holdings Ltd.’s 8-K, filed July 30, 2026. Open the filing →

Filed
Jul 30, 2026, 6:50 AM EDT
Accession
0001171843-26-005050

FAQ

What is Norwegian Cruise Line Holdings Ltd.'s debt-to-equity?
Norwegian Cruise Line Holdings Ltd. (NCLH) reported debt-to-equity of 5.8× in Q2 2026.
How has Norwegian Cruise Line Holdings Ltd.'s debt-to-equity changed year-over-year?
Norwegian Cruise Line Holdings Ltd.'s debt-to-equity decreased by 33.5% year-over-year, from 8.8× to 5.8×.
What is the long-term trend for Norwegian Cruise Line Holdings Ltd.'s debt-to-equity?
Over 5 years (2020 to 2025), Norwegian Cruise Line Holdings Ltd.'s debt-to-equity has grown at a 20.6% compound annual growth rate (CAGR), from 2.8× to 7×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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