Norwegian Cruise Line Holdings (NCLH) Enterprise Value (2012 - 2026)

Norwegian Cruise Line Holdings' (NCLH) quarterly Enterprise Value came in at -$185.0 million in Q1 2026, little changed year-on-year from -$185.6 million in Q1 2025, and up 11.86% quarter-over-quarter from -$209.9 million in Q4 2025.

Norwegian Cruise Line Holdings (NCLH) Enterprise Value (2012 - 2026) Analysis & Trends

Norwegian Cruise Line Holdings has disclosed Enterprise Value across 15 years of filings, most recently posting -$185.0 million for Q1 2026.

  • Enterprise Value for Q1 2026 came in at -$185.0 million, changed 0.35% year-over-year; the trailing twelve-month figure through Mar 2026 was -$185.0 million (changed 0.35% YoY), and the FY2025 annual result was -$209.9 million, down 10.03% from the prior year.
  • Enterprise Value came in at -$185.0 million for Q1 2026 at Norwegian Cruise Line Holdings, up from -$209.9 million in the prior quarter.
  • In the past five years, Enterprise Value ranged from a high of -$166.8 million in Q3 2025 to a low of -$2.1 billion in Q1 2022.
  • The 5-year median for Enterprise Value is -$559.8 million (2024), against an average of -$675.0 million.
  • Peak annual rise in Enterprise Value reached 69.03% in 2025, while the deepest fall reached 10.03% in 2025.
  • Norwegian Cruise Line Holdings' Enterprise Value stood at -$947.0 million in 2022, then surged by 57.51% to -$402.4 million in 2023, then soared by 52.59% to -$190.8 million in 2024, then decreased by 10.03% to -$209.9 million in 2025, then advanced by 11.86% to -$185.0 million in 2026.
  • The last three Enterprise Value figures came in at -$185.0 million (Q1 2026), -$209.9 million (Q4 2025), and -$166.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn -16.02 Bn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn -12.01 Bn
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn -517.00 Mn
4 Carnival 37.80 Bn 36.39 Bn - -1.41 Bn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn -5.79 Bn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn -185.00 Mn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn -437.00 Mn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn -255.00 Mn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn -5.21 Bn
10 MakeMyTrip 2.12 Bn 1.35 Bn - -765.12 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -185.00 Mn
Dec 31, 2025 -209.89 Mn
Sep 30, 2025 -166.80 Mn
Jun 30, 2025 -184.02 Mn
Mar 31, 2025 -184.36 Mn
Dec 31, 2024 -190.77 Mn
Sep 30, 2024 -332.52 Mn
Jun 30, 2024 -594.10 Mn
Mar 31, 2024 -559.80 Mn
Dec 31, 2023 -402.42 Mn
Sep 30, 2023 -681.60 Mn
Jun 30, 2023 -899.14 Mn
Mar 31, 2023 -700.60 Mn
Dec 31, 2022 -946.99 Mn
Sep 30, 2022 -1.20 Bn
Jun 30, 2022 -1.90 Bn
Mar 31, 2022 -2.14 Bn
Dec 31, 2021 -1.75 Bn
Sep 30, 2021 -1.93 Bn
Jun 30, 2021 -2.75 Bn