Norwegian Cruise Line Holdings (NCLH) Capital Expenditures (2012 - 2026)

Norwegian Cruise Line Holdings (NCLH) reported Capital Expenditures of $1.4 billion for Q1 2026, down 5.81% on a YoY basis from $1.5 billion in Q1 2025, and up 228.27% sequentially from $437.6 million in Q4 2025.

Norwegian Cruise Line Holdings (NCLH) Capital Expenditures (2012 - 2026) Analysis & Trends

Norwegian Cruise Line Holdings (NCLH) has 15 years of Capital Expenditures data on file, last reported at $1.4 billion in Q1 2026.

  • For the quarter ending Q1 2026, Capital Expenditures fell 5.81% year-over-year to $1.4 billion; the trailing twelve-month figure through Mar 2026 stood at $3.2 billion (up 28.0% YoY), and the FY2025 full-year result was $3.3 billion, up 169.18% from the prior year.
  • Capital Expenditures advanced to $1.4 billion in Q1 2026, from $437.6 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $1.5 billion in Q1 2025 to a low of $155.4 million in Q4 2022.
  • A 5-year average of $614.2 million and a median of $368.0 million in 2024 frame the typical range for Capital Expenditures.
  • Across the five-year window, Capital Expenditures sank 67.39% in 2024 and jumped 489.23% in 2025, its largest moves.
  • Tracing NCLH's Capital Expenditures over 5 years: stood at $155.4 million in 2022, then soared by 316.73% to $647.7 million in 2023, then plunged by 62.41% to $243.4 million in 2024, then jumped by 79.78% to $437.6 million in 2025, then surged by 228.27% to $1.4 billion in 2026.
  • Business Quant data shows NCLH's Capital Expenditures at $1.4 billion in Q1 2026, $437.6 million in Q4 2025, and $963.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn 107.00 Mn
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn 500.00 Mn
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn -
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn -
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn -157.93 Mn
6 Carnival 34.61 Bn 32.38 Bn - 875.00 Mn
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn 184.00 Mn
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn 1.44 Bn
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn -
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn 37.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.44 Bn
Mar 31, 2026 1.44 Bn
Dec 31, 2025 437.65 Mn
Dec 31, 2025 437.65 Mn
Sep 30, 2025 963.10 Mn
Sep 30, 2025 963.10 Mn
Jun 30, 2025 333.64 Mn
Jun 30, 2025 333.64 Mn
Mar 31, 2025 1.53 Bn
Mar 31, 2025 1.53 Bn
Dec 31, 2024 243.44 Mn
Dec 31, 2024 243.44 Mn
Sep 30, 2024 368.01 Mn
Sep 30, 2024 368.01 Mn
Jun 30, 2024 340.65 Mn
Jun 30, 2024 340.65 Mn
Mar 31, 2024 258.85 Mn
Mar 31, 2024 258.85 Mn
Dec 31, 2023 647.66 Mn
Dec 31, 2023 647.66 Mn