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Enterprise value at other companies

Carnival Corporation logo
Carnival CorporationCCL
$70.98B+14.3%
Royal Caribbean Group logo
Royal Caribbean GroupRCL
$74.61B+33.8%

Other financials

Income statement

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Revenue$2.3B+9.6%
Gross profit$953.3M+15.8%
Operating income$232.9M+15.9%
Net income$104.7M+360%
EPS (diluted)$0.23+356%

Balance sheet

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Cash & equivalents$185.0M+0.4%
Total debt$15.2B+8.3%
Total equity$2.4B+71.6%
Total assets$23.8B+11.4%

Cash flow

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Operating cash flow$811.5M+19.5%
CapEx$1.4B-5.8%
Free cash flow-$625.2M+26.1%

Valuation

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Market cap$9.38B+2.1%
P/E16.5×+5.7×
P/S0.9×0.0×

Profitability

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Gross margin43%+2.6pp
Operating margin15.9%+0.5pp
Net margin5.7%-3.4pp
FCF margin-4.7%

Returns & leverage

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Return on equity29.5%-66.3pp
Debt / equity6.2×-3.7×
Current ratio0.2×0.0×

Where this comes from

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

The official record: Norwegian Cruise Line Holdings Ltd.’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Norwegian Cruise Line Holdings Ltd.'s enterprise value?
Norwegian Cruise Line Holdings Ltd. (NCLH) reported enterprise value of $23.52B in Q1 2026.
How has Norwegian Cruise Line Holdings Ltd.'s enterprise value changed year-over-year?
Norwegian Cruise Line Holdings Ltd.'s enterprise value increased by 6.1% year-over-year, from $22.18B to $23.52B.
What is the long-term trend for Norwegian Cruise Line Holdings Ltd.'s enterprise value?
Over 5 years (2020 to 2025), Norwegian Cruise Line Holdings Ltd.'s enterprise value has grown at a 5.7% compound annual growth rate (CAGR), from $19.32B to $25.49B.
What does enterprise value mean?
What it would cost to buy the entire business, debt included and cash netted out.
How do you interpret enterprise value?
The capital-structure-neutral valuation base — used in EV/EBITDA and EV/Sales to compare companies with different leverage on a like-for-like footing.
How does enterprise value compare across companies?
Comparable across non-financial companies via the EV multiples it feeds; not used for banks and insurers.