Norwegian Cruise Line Holdings (NCLH) EBIT Margin (2012 - 2026)
Norwegian Cruise Line Holdings (NCLH) posted EBIT Margin of 9.99% for Q1 2026, up 20.16% sequentially from 8.32% in Q4 2025, and up 55.0% YoY from 6.45% in Q1 2025.
Norwegian Cruise Line Holdings (NCLH) EBIT Margin (2012 - 2026) Analysis & Trends
Norwegian Cruise Line Holdings has reported EBIT Margin for 15 years, with the latest figure at 9.99% in Q1 2026.
- Quarterly EBIT Margin rose 55.0% year-over-year to 9.99% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 15.88% (up 50.0% YoY) and the FY2025 annual result came in at 15.88%, up 42.0% from the prior year.
- EBIT Margin rose to 9.99% in Q1 2026 per NCLH's latest filing, from 8.32% in the prior quarter.
- Over five years, EBIT Margin peaked at 25.51% in Q3 2025 and troughed at 131.96% in Q1 2022.
- A 5-year average of 1.54% and a median of 9.97% in 2024 frame the typical range for EBIT Margin.
- The sharpest annual moves came in 2022 and 2025: EBIT Margin jumped 1829597 bps in 2022, then tumbled 186 bps in 2025.
- Over 5 years, EBIT Margin stood at 18.5% in 2022, then surged by 134 bps to 6.26% in 2023, then soared by 63 bps to 10.18% in 2024, then decreased by 18 bps to 8.32% in 2025, then rose by 20 bps to 9.99% in 2026.
- According to Business Quant data, EBIT Margin over the past three periods registered 9.99%, 8.32%, and 25.51% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 159.34 Bn | 142.12 Bn | 4.98 Bn | 34.00% |
| 2 | Airbnb | 108.60 Bn | 96.53 Bn | 2.98 Bn | 21.01% |
| 3 | Royal Caribbean Cruises | 81.57 Bn | 80.88 Bn | 2.29 Bn | 27.05% |
| 4 | Viking Holdings | 44.18 Bn | 40.38 Bn | 713.43 Mn | 20.91% |
| 5 | Carnival | 38.51 Bn | 36.29 Bn | - | 12.77% |
| 6 | Expedia | 38.08 Bn | 30.96 Bn | 3.91 Bn | 18.54% |
| 7 | Trip.com | 29.19 Bn | 17.73 Bn | 1.86 Bn | 24.24% |
| 8 | Norwegian Cruise Line Holdings | 8.73 Bn | 8.51 Bn | 1.05 Bn | 13.76% |
| 9 | MakeMyTrip | 5.85 Bn | 5.09 Bn | 212.91 Mn | 15.30% |
| 10 | Global Business Travel | 4.94 Bn | 4.47 Bn | 514.00 Mn | 2.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.76% |
| Mar 31, 2026 | 9.99% |
| Dec 31, 2025 | 8.32% |
| Sep 30, 2025 | 25.51% |
| Jun 30, 2025 | 16.84% |
| Mar 31, 2025 | 9.44% |
| Dec 31, 2024 | 10.18% |
| Sep 30, 2024 | 24.63% |
| Jun 30, 2024 | 14.40% |
| Mar 31, 2024 | 9.97% |
| Dec 31, 2023 | 6.26% |
| Sep 30, 2023 | 20.64% |
| Jun 30, 2023 | 12.36% |
| Mar 31, 2023 | 0.59% |
| Dec 31, 2022 | -18.50% |
| Sep 30, 2022 | -11.47% |
| Jun 30, 2022 | -33.42% |
| Mar 31, 2022 | -131.96% |
| Dec 31, 2021 | -140.92% |
| Sep 30, 2021 | -450.16% |