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Free cash flow margin at other companies

Carnival Corporation logo
Carnival CorporationCCL
11.1%+3.3pp
Royal Caribbean Group logo
Royal Caribbean GroupRCL
20.9%

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%
Enterprise value$24.39B+6.1%
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

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.

Based on trailing twelve months.

The official record: Norwegian Cruise Line Holdings Ltd.’s 10-Q, filed August 8, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Norwegian Cruise Line Holdings Ltd.'s free cash flow margin?
Norwegian Cruise Line Holdings Ltd. (NCLH) reported free cash flow margin of -4.7% in Q2 2024.
What is the long-term trend for Norwegian Cruise Line Holdings Ltd.'s free cash flow margin?
Over 2 years (2020 to 2023), Norwegian Cruise Line Holdings Ltd.'s free cash flow margin has grown at a -82.2% compound annual growth rate (CAGR), from -273.7% to -8.7%.
What does free cash flow margin mean?
How much real, spendable cash each sales dollar generates after reinvestment.
How do you interpret free cash flow margin?
A high and rising FCF margin is the hallmark of a cash-generative business. Persistent gaps between net margin and FCF margin warrant a look at working capital or capital intensity.
How does free cash flow margin compare across companies?
Strong cross-company quality signal; capital-light compounders post structurally higher FCF margins than asset-heavy peers.