Growth Metrics

Norwegian Cruise Line Holdings (NCLH) Debt Ratio (2016 - 2025)

Norwegian Cruise Line Holdings' Debt Ratio history spans 14 years, with the latest figure at 0.65 for Q4 2025.

  • For Q4 2025, Debt Ratio fell 1.23% year-over-year to 0.65; the TTM value through Dec 2025 reached 0.65, down 1.23%, while the annual FY2025 figure was 0.65, 1.23% down from the prior year.
  • Debt Ratio for Q4 2025 was 0.65 at Norwegian Cruise Line Holdings, down from 0.65 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.73 in Q4 2022 and bottomed at 0.64 in Q2 2025.
  • The 5-year median for Debt Ratio is 0.67 (2024), against an average of 0.68.
  • The largest annual shift saw Debt Ratio rose 23.18% in 2021 before it dropped 9.04% in 2024.
  • A 5-year view of Debt Ratio shows it stood at 0.66 in 2021, then rose by 10.46% to 0.73 in 2022, then dropped by 1.74% to 0.72 in 2023, then fell by 9.04% to 0.66 in 2024, then decreased by 1.23% to 0.65 in 2025.
  • Per Business Quant, the three most recent readings for NCLH's Debt Ratio are 0.65 (Q4 2025), 0.65 (Q3 2025), and 0.64 (Q2 2025).