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

Norwegian Cruise Line Holdings' (NCLH) quarterly Capital Expenditures came in at $1.4 billion in Q1 2026, down 5.81% year-on-year from $1.5 billion in Q1 2025, and up 228.27% quarter-over-quarter from $437.6 million in Q4 2025.

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

Norwegian Cruise Line Holdings has disclosed Capital Expenditures across 15 years of filings, most recently posting $1.4 billion for Q1 2026.

  • Capital Expenditures for Q1 2026 came in at $1.4 billion, down 5.81% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.2 billion (up 28.0% YoY), and the FY2025 annual result was $3.3 billion, up 169.18% from the prior year.
  • Capital Expenditures came in at $1.4 billion for Q1 2026 at Norwegian Cruise Line Holdings, up 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.
  • The 5-year median for Capital Expenditures is $368.0 million (2024), against an average of $614.2 million.
  • Across the five-year window, Capital Expenditures tumbled 67.39% in 2024 and jumped 489.23% in 2025, its largest moves.
  • Norwegian Cruise Line Holdings' Capital Expenditures stood at $155.4 million in 2022, then jumped by 316.73% to $647.7 million in 2023, then tumbled by 62.41% to $243.4 million in 2024, then surged by 79.78% to $437.6 million in 2025, then soared by 228.27% to $1.4 billion in 2026.
  • The last three Capital Expenditures figures came in at $1.4 billion (Q1 2026), $437.6 million (Q4 2025), and $963.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 107.00 Mn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn -
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 145.00 Mn
4 Carnival 37.80 Bn 36.39 Bn - 566.00 Mn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 184.00 Mn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn 1.44 Bn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 37.00 Mn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 19.00 Mn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn -
10 MakeMyTrip 2.12 Bn 1.35 Bn - -

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