Norwegian Cruise Line Holdings NCLH
NYSE NCLH
$15.39 -0.18 (-1.17%)
As of: Sep 8, 2026 · 3:59 PM EDT

Norwegian Cruise Line Holdings (NCLH) Debt Ratio (2012 - 2026)

Norwegian Cruise Line Holdings' (NCLH) quarterly Debt Ratio came in at 0.63 in Q2 2026, down 1.75% year-over-year from 0.64 in Q2 2025, and down 1.69% quarter-over-quarter from 0.64 in Q1 2026.

Analysis

Norwegian Cruise Line Holdings (NCLH) Debt Ratio (2012 - 2026) Analysis & Trends

Norwegian Cruise Line Holdings has disclosed Debt Ratio across 15 years of filings, most recently posting 0.63 for Q2 2026.

  • In Q2 2026, Debt Ratio fell 1.75% year-over-year to 0.63; the TTM figure through Jun 2026 stood at 0.63 (down 1.75% YoY), while the FY2025 annual figure was 0.65, down 1.23% from the prior year.
  • Debt Ratio came in at 0.63 for Q2 2026 at Norwegian Cruise Line Holdings, down from 0.64 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.73 in Q4 2022 to a low of 0.63 in Q2 2026.
  • Average Debt Ratio over 5 years is 0.68, with a median of 0.69 recorded in 2022.
  • Year-over-year, Debt Ratio gained 10.76% in 2022 and dropped 9.04% in 2024.
  • Over 5 years, Debt Ratio stood at 0.73 in 2022, then slipped by 1.74% to 0.72 in 2023, then declined by 9.04% to 0.66 in 2024, then dropped by 1.23% to 0.65 in 2025, then retreated by 3.37% to 0.63 in 2026.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.63 in Q2 2026, 0.64 in Q1 2026, and 0.65 in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Royal Caribbean Cruises 71.23 Bn 70.31 Bn 2.29 Bn 0.51
2 Viking Holdings 38.98 Bn 34.99 Bn 996.62 Mn 0.43
3 Carnival 32.12 Bn 29.88 Bn - 0.52
4 Norwegian Cruise Line Holdings 7.08 Bn 6.86 Bn 1.05 Bn 0.63
5 Lindblad Expeditions Holdings 1.73 Bn 1.37 Bn 96.64 Mn 0.64
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.63
Mar 31, 2026 0.64
Dec 31, 2025 0.65
Sep 30, 2025 0.65
Jun 30, 2025 0.64
Mar 31, 2025 0.66
Dec 31, 2024 0.66
Sep 30, 2024 0.68
Jun 30, 2024 0.67
Mar 31, 2024 0.69
Dec 31, 2023 0.72
Sep 30, 2023 0.72
Jun 30, 2023 0.70
Mar 31, 2023 0.72
Dec 31, 2022 0.73
Sep 30, 2022 0.73
Jun 30, 2022 0.69
Mar 31, 2022 0.70
Dec 31, 2021 0.66
Sep 30, 2021 0.66