Norwegian Cruise Line Holdings (NCLH) EBT Margin (2012 - 2026)
Norwegian Cruise Line Holdings' EBT Margin was 8.56% in Q2 2026, up 7.34 percentage points from 1.22% a year earlier and up 3.94 percentage points from the prior quarter.
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Analysis
Norwegian Cruise Line Holdings (NCLH) EBT Margin (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, Norwegian Cruise Line Holdings' EBT Margin was 7.61% through Jun 30, 2026, up 1.56 percentage points year-over-year; for FY2025, it came in at 4.36%, down 3.79 percentage points from FY2024.
- EBT Margin shows a five-year change of +316.89 percentage points (FY2020 to FY2025).
- In earlier years, EBT Margin was 8.15% in FY2024 (+6.24 pp), 1.91% in FY2023 (+48.91 pp), -47.00% in FY2022 (+647.66 pp) and -694.66% in FY2021 (-382.14 pp).
- Quarterly EBT Margin has moved between -552.38% (Q3 2021) and 17.17% (Q3 2024) over five years.
- Compared with a year earlier, EBT Margin was higher in four of the last eight quarters, with an average year-over-year change of +1.49 percentage points.
- The best year-over-year quarter for EBT Margin over five years was Q1 2022 (a gain of 43956.56 percentage points); the worst was Q2 2025 (a drop of 5.74 percentage points).
- Per Business Quant data, NCLH's EBT Margin in the three quarters before Q2 2026 was 4.62% (Q1 2026), 0.26% (Q4 2025) and 14.76% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn | 14.76% |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | 20.35% |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | 23.80% |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | 27.14% |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | 8.33% |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | - |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | -4.98% |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | 9.95% |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | 31.43% |
| 10 | Norwegian Cruise Line Holdings | 6.57 Bn | 5.79 Bn | 1.05 Bn | 8.56% |
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% |
API Access
Norwegian Cruise Line Holdings EBT 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=ebt-margin&ticker=NCLH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=NCLH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();