Norwegian Cruise Line Holdings (NCLH) EBT Margin (2012 - 2026)
Norwegian Cruise Line Holdings (NCLH) reported EBT Margin of 4.62% for Q1 2026, up 657.0% on a YoY basis from 0.61% in Q1 2025, and up 126.18% sequentially from 17.64% in Q4 2025.
Norwegian Cruise Line Holdings (NCLH) EBT Margin (2012 - 2026) Analysis & Trends
Norwegian Cruise Line Holdings (NCLH) has 15 years of EBT Margin data on file, last reported at 4.62% in Q1 2026.
- For the quarter ending Q1 2026, EBT Margin rose 657.0% year-over-year to 4.62%; the trailing twelve-month figure through Mar 2026 stood at 1.75% (down 582.0% YoY), and the FY2025 full-year result was 0.27%, down 788.0% from the prior year.
- EBT Margin improved to 4.62% in Q1 2026, from 17.64% 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.
- A 5-year average of 15.01% and a median of 0.84% in 2024 frame the typical range for EBT Margin.
- Across the five-year window, EBT Margin soared 4395656 bps in 2022 and tumbled 2275 bps in 2025, its largest moves.
- Tracing NCLH's EBT Margin over 5 years: 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 plunged by 445 bps to 17.64% in 2025, then soared by 126 bps to 4.62% in 2026.
- Business Quant data shows NCLH's EBT Margin at 4.62% in Q1 2026, 17.64% in Q4 2025, and 14.76% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 25.29% |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 21.92% |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 10.49% |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | -9.64% |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | 17.70% |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 8.33% |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 0.73% |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | 4.62% |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | 12.11% |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | 1.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | -16,411.68% |