Norwegian Cruise Line Holdings (NCLH) EBT Margin (2012 - 2026)

Norwegian Cruise Line Holdings' (NCLH) quarterly EBT Margin came in at 4.62% in Q1 2026, up 657.0% year-on-year from 0.61% in Q1 2025, and up 126.18% quarter-over-quarter from 17.64% in Q4 2025.

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 4.62% for Q1 2026.

  • EBT Margin for Q1 2026 came in at 4.62%, up 657.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.75% (down 582.0% YoY), and the FY2025 annual result was 0.27%, down 788.0% from the prior year.
  • EBT Margin came in at 4.62% for Q1 2026 at Norwegian Cruise Line Holdings, up 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.
  • The 5-year median for EBT Margin is 0.84% (2024), against an average of 14.52%.
  • Across the five-year window, EBT Margin soared 4395656 bps in 2022 and sank 2275 bps in 2025, its largest moves.
  • Norwegian Cruise Line Holdings' 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 tumbled by 445 bps to 17.64% in 2025, then jumped by 126 bps to 4.62% in 2026.
  • The last three EBT Margin figures came in at 4.62% (Q1 2026), 17.64% (Q4 2025), and 14.76% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 25.29%
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn 10.49%
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 21.92%
4 Carnival 37.80 Bn 36.39 Bn - 4.54%
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 0.73%
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn 4.62%
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 1.31%
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 11.24%
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn 17.22%
10 MakeMyTrip 2.12 Bn 1.35 Bn - 12.11%

Historic Data

Download Data
DateValue
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 -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%
Jun 30, 2021 -16,411.68%