Norwegian Cruise Line Holdings (NCLH) EBIT Margin (2012 - 2026)
Norwegian Cruise Line Holdings' EBIT Margin came in at 13.76% for Q2 2026, down 3.08 percentage points from 16.84% a year earlier but up 3.77 percentage points from the prior quarter.
Norwegian Cruise Line Holdings (NCLH) EBIT Margin (2012 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Norwegian Cruise Line Holdings reported EBIT Margin of 15.09%, down 0.92 percentage points year-over-year; for FY2025, it came in at 15.88%, up 0.42 percentage points from FY2024.
- EBIT Margin has increased in each of the last four years, with a five-year change of +288.10 percentage points (FY2020 to FY2025).
- Going back by year, EBIT Margin was 15.46% in FY2024 (+4.58 pp), 10.89% in FY2023 (+42.92 pp), -32.04% in FY2022 (+361.85 pp) and -393.89% in FY2021 (-121.67 pp).
- The five-year range for quarterly EBIT Margin is -450.16% (Q3 2021) to 25.51% (Q3 2025).
- Year-over-year, EBIT Margin increased in five of the last eight quarters, with an average year-over-year change of +0.79 percentage points.
- The fastest year-over-year change in EBIT Margin over five years came in Q1 2022 (a gain of 18295.97 percentage points), and the weakest in Q2 2026 (a drop of 3.08 percentage points).
- Business Quant data shows NCLH's EBIT Margin at 9.99% (Q1 2026), 8.32% (Q4 2025) and 25.51% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn | 17.38% |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | 25.68% |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | 27.05% |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | 29.40% |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | 12.77% |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | - |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | -9.30% |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | -71.84% |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | 31.02% |
| 10 | Norwegian Cruise Line Holdings | 6.57 Bn | 5.79 Bn | 1.05 Bn | 13.76% |
Historic 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% |
Norwegian Cruise Line Holdings EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=NCLH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "NCLH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=NCLH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();