Norwegian Cruise Line Holdings (NCLH) EBT Margin (2012 - 2026)
Norwegian Cruise Line Holdings (NCLH) posted EBT Margin of 4.62% for Q1 2026, up 126.18% sequentially from 17.64% in Q4 2025, and up 657.0% YoY from 0.61% in Q1 2025.
Norwegian Cruise Line Holdings (NCLH) EBT Margin (2012 - 2026) Analysis & Trends
Norwegian Cruise Line Holdings has reported EBT Margin for 15 years, with the latest figure at 4.62% in Q1 2026.
- Quarterly EBT Margin rose 657.0% year-over-year to 4.62% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.75% (down 582.0% YoY) and the FY2025 annual result came in at 0.27%, down 788.0% from the prior year.
- EBT Margin improved to 4.62% in Q1 2026 per NCLH's latest filing, from 17.64% in the prior quarter.
- Over five years, EBT Margin peaked at 17.17% in Q3 2024 and troughed at 187.44% in Q1 2022.
- A 5-year average of 15.01% and a median of 0.84% in 2024 frame the typical range for EBT Margin.
- The sharpest annual moves came in 2022 and 2025: EBT Margin surged 4395656 bps in 2022, then sank 2275 bps in 2025.
- Over 5 years, EBT Margin stood at 31.73% in 2022, then soared by 57 bps to 13.67% in 2023, then soared by 137 bps to 5.11% in 2024, then tumbled by 445 bps to 17.64% in 2025, then soared by 126 bps to 4.62% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 4.62%, 17.64%, and 14.76% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 157.57 Bn | 140.36 Bn | 4.98 Bn | 34.82% |
| 2 | Airbnb | 106.28 Bn | 94.21 Bn | 2.98 Bn | 24.86% |
| 3 | Royal Caribbean Cruises | 80.63 Bn | 79.71 Bn | 2.29 Bn | 23.80% |
| 4 | Viking Holdings | 44.40 Bn | 40.59 Bn | 713.43 Mn | 17.70% |
| 5 | Expedia | 38.38 Bn | 31.25 Bn | 3.91 Bn | 23.80% |
| 6 | Carnival | 38.16 Bn | 35.92 Bn | - | 8.33% |
| 7 | Trip.com | 29.11 Bn | 17.42 Bn | 1.86 Bn | 28.21% |
| 8 | Norwegian Cruise Line Holdings | 8.33 Bn | 8.12 Bn | 1.05 Bn | 8.56% |
| 9 | MakeMyTrip | 5.81 Bn | 5.03 Bn | 212.91 Mn | 5.41% |
| 10 | Global Business Travel | 4.86 Bn | 4.34 Bn | 514.00 Mn | 1.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 8.56% |
| Mar 31, 2026 | 4.62% |
| Dec 31, 2025 | -17.64% |
| Sep 30, 2025 | 14.76% |
| Jun 30, 2025 | 1.22% |
| Mar 31, 2025 | -1.95% |
| Dec 31, 2024 | 5.11% |
| Sep 30, 2024 | 17.17% |
| Jun 30, 2024 | 6.95% |
| Mar 31, 2024 | 0.84% |
| Dec 31, 2023 | -13.67% |
| Sep 30, 2023 | 13.97% |
| Jun 30, 2023 | 3.94% |
| Mar 31, 2023 | -9.30% |
| Dec 31, 2022 | -31.73% |
| Sep 30, 2022 | -18.95% |
| Jun 30, 2022 | -42.97% |
| Mar 31, 2022 | -187.44% |
| Dec 31, 2021 | -322.18% |
| Sep 30, 2021 | -552.38% |