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| 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 |