Norwegian Cruise Line Holdings (NCLH) EBT Margin (2012 - 2026)
Norwegian Cruise Line Holdings' (NCLH) quarterly EBT Margin came in at 8.56% in Q2 2026, up 734.0% year-over-year from 1.03% in Q2 2025, and up 85.3% quarter-over-quarter from 4.62% in Q1 2026.
Analysis
Norwegian Cruise Line Holdings (NCLH) EBT Margin (2012 - 2026) Analysis & Trends
Norwegian Cruise Line Holdings has disclosed EBT Margin across 15 years of filings, most recently posting 8.56% for Q2 2026.
- In Q2 2026, EBT Margin rose 734.0% year-over-year to 8.56%; the TTM figure through Jun 2026 stood at 7.61% (up 156.0% YoY), while the FY2025 annual figure was 4.36%, down 379.0% from the prior year.
- EBT Margin came in at 8.56% for Q2 2026 at Norwegian Cruise Line Holdings, up from 4.62% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 17.17% in Q3 2024 to a low of 187.44% in Q1 2022.
- Average EBT Margin over 5 years is 12.25%, with a median of 1.03% recorded in 2025.
- Year-over-year, EBT Margin jumped 4395656 bps in 2022 and plunged 574 bps in 2025.
- Over 5 years, EBT Margin stood at 31.73% in 2022, then jumped by 83 bps to 5.45% in 2023, then surged by 194 bps to 5.11% in 2024, then sank by 95 bps to 0.26% in 2025, then surged by 3160 bps to 8.56% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 8.56% in Q2 2026, 4.62% in Q1 2026, and 0.26% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Royal Caribbean Cruises | 71.23 Bn | 70.31 Bn | 2.29 Bn | 23.80% |
| 2 | Viking Holdings | 38.98 Bn | 34.99 Bn | 996.62 Mn | 27.14% |
| 3 | Carnival | 32.12 Bn | 29.88 Bn | - | 8.33% |
| 4 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.86 Bn | 1.05 Bn | 8.56% |
| 5 | Lindblad Expeditions Holdings | 1.73 Bn | 1.37 Bn | 96.64 Mn | 0.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.56% |
| Mar 31, 2026 | 4.62% |
| Dec 31, 2025 | 0.26% |
| 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 | -5.45% |
| 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% |