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Norwegian Cruise Line Holdings Ltd. NCLH Ratios & Valuation

Income StatementBalance SheetCash FlowRatiosSegments
QuarterlyAnnualTTM
YoYQoQ
SimplifiedDetailed
TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Profitability
Gross margin43%+0.4pp42.6%+0.6pp42%+0.6pp41.4%+0.9pp40.5%+0.5pp
Operating margin15.9%0.0pp15.9%-0.5pp16.4%+0.4pp16%+0.6pp15.4%-0.1pp
Net margin5.7%+1.4pp4.3%-2.5pp6.8%—————
EBITDA margin27.8%+0.1pp27.7%+0.6pp27.1%+0.6pp26.5%+0.7pp25.8%0.0pp
Returns
Return on equity29.5%+6.2pp23.3%-16.6pp39.9%—————
Return on assets2.5%+0.5pp2%-1.2pp3.2%—————
Return on invested capital9.7%+0.2pp9.6%-0.8pp10.3%-0.3pp10.7%+0.6pp10%+0.2pp
Efficiency
Asset turnover0.4×0.0×0.5×0.0×0.5×0.0×0.5×0.0×0.5×0.0×
Inventory turnover35.9×-3.3×39.2×+1.8×37.4×+1.3×36.1×+0.4×35.7×-1.3×
Liquidity
Current ratio0.2×0.0×0.2×0.0×0.2×0.0×0.2×0.0×0.2×0.0×
Quick ratio0.2×0.0×0.2×0.0×0.2×0.0×0.2×0.0×0.2×0.0×
Cash ratio0×0.0×0×0.0×0×0.0×0×0.0×0×0.0×
Leverage
Debt-to-equity6.2×-0.8×7×+0.4×6.6×-2.2×8.8×-1.1×9.9×+0.1×
Debt-to-assets0.6×-0.1×0.7×0.0×0.7×0.0×0.6×0.0×0.7×0.0×
Net debt / EBITDA5.4×-0.2×5.6×+0.1×5.5×+0.1×5.4×-0.3×5.7×+0.1×
Per Share
Book value per share$5.22+12.8%$4.63+4.6%$4.42+26.3%$3.50+9.1%$3.21+16.0%
Valuation
Market capitalization$8.52B-16.2%$10.16B-9.4%$11.21B+29.4%$8.67B+3.9%$8.34B-26.3%
Enterprise value$23.52B-7.7%$25.49B-0.4%$25.6B+14.9%$22.28B+0.4%$22.18B-11.4%
Price / earnings15×-9.0×24×+7.1×16.9×—————
Price / sales0.8×-0.2×1×-0.1×1.2×+0.3×0.9×0.0×0.9×-0.3×
Price / book3.5×-1.1×4.6×-0.5×5.1×-0.4×5.5×-0.4×5.9×-2.0×
EV / EBITDA8.4×-0.9×9.4×-0.4×9.8×+1.0×8.8×-0.3×9.1×-1.1×
EV / sales2.3×-0.2×2.6×0.0×2.6×+0.3×2.3×0.0×2.4×-0.3×
Earnings yield6.7%+2.5pp4.2%-1.8pp5.9%—————

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Questions, answered.

What are Norwegian Cruise Line Holdings Ltd.'s profit margins?
Norwegian Cruise Line Holdings Ltd. (NCLH) runs a 43.0% gross margin and a 15.9% operating margin, with a 5.7% net margin.
Where do Norwegian Cruise Line Holdings Ltd.'s ratios come from?
Every ratio is computed from Norwegian Cruise Line Holdings Ltd.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.