Norwegian Cruise Line Holdings (NCLH) EBIT Margin (2012 - 2026)
Norwegian Cruise Line Holdings (NCLH) reported EBIT Margin of 9.99% for Q1 2026, up 55.0% on a YoY basis from 6.45% in Q1 2025, and up 20.16% sequentially from 8.32% in Q4 2025.
Norwegian Cruise Line Holdings (NCLH) EBIT Margin (2012 - 2026) Analysis & Trends
Norwegian Cruise Line Holdings (NCLH) has 15 years of EBIT Margin data on file, last reported at 9.99% in Q1 2026.
- For the quarter ending Q1 2026, EBIT Margin rose 55.0% year-over-year to 9.99%; the trailing twelve-month figure through Mar 2026 stood at 15.88% (up 50.0% YoY), and the FY2025 full-year result was 15.88%, up 42.0% from the prior year.
- EBIT Margin rose to 9.99% in Q1 2026, from 8.32% in the prior quarter.
- In the past five years, EBIT Margin ranged from a high of 25.51% in Q3 2025 to a low of 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.
- Across the five-year window, EBIT Margin surged 1829597 bps in 2022 and sank 186 bps in 2025, its largest moves.
- Tracing NCLH's EBIT Margin over 5 years: 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 declined by 18 bps to 8.32% in 2025, then climbed by 20 bps to 9.99% in 2026.
- Business Quant data shows NCLH's EBIT Margin at 9.99% in Q1 2026, 8.32% in Q4 2025, and 25.51% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 22.98% |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 26.10% |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 3.21% |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | -12.11% |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | 61.84% |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 12.77% |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 7.33% |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | 9.99% |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | 16.11% |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | 0.36% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | -13,853.11% |