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| Date | Value |
|---|---|
| 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 |