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| Date | Value |
|---|---|
| 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 |