Norwegian Cruise Line Holdings (NCLH) Enterprise Value (2012 - 2026)
Norwegian Cruise Line Holdings (NCLH) reported Enterprise Value of -$185.0 million for Q1 2026, little changed on a YoY basis from -$185.7 million in Q1 2025, and up 11.84% sequentially from -$209.9 million in Q4 2025.
Norwegian Cruise Line Holdings (NCLH) Enterprise Value (2012 - 2026) Analysis & Trends
Norwegian Cruise Line Holdings (NCLH) has 15 years of Enterprise Value data on file, last reported at -$185.0 million in Q1 2026.
- For the quarter ending Q1 2026, Enterprise Value changed 0.35% year-over-year to -$185.0 million; the trailing twelve-month figure through Mar 2026 stood at -$185.0 million (changed 0.35% YoY), and the FY2025 full-year result was -$209.9 million, down 10.03% from the prior year.
- Enterprise Value rose to -$185.0 million in Q1 2026, 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.
- A 5-year average of -$675.2 million and a median of -$559.8 million in 2024 frame the typical range for Enterprise Value.
- Peak annual rise in Enterprise Value reached 69.03% in 2025, while the deepest fall reached 10.03% in 2025.
- Tracing NCLH's Enterprise Value over 5 years: stood at -$947.0 million in 2022, then jumped by 57.51% to -$402.4 million in 2023, then surged by 52.59% to -$190.8 million in 2024, then retreated by 10.03% to -$209.9 million in 2025, then advanced by 11.84% to -$185.0 million in 2026.
- Business Quant data shows NCLH's Enterprise Value at -$185.0 million in Q1 2026, -$209.9 million in Q4 2025, and -$166.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | -16.02 Bn |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | -517.00 Mn |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | -12.01 Bn |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | 5.93 Mn |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | -3.80 Bn |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | -2.23 Bn |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | -2.50 Bn |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | -185.05 Mn |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | -415.51 Mn |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | -392.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -185.05 Mn |
| Dec 31, 2025 | -209.89 Mn |
| Sep 30, 2025 | -166.80 Mn |
| Jun 30, 2025 | -184.02 Mn |
| Mar 31, 2025 | -184.40 Mn |
| Dec 31, 2024 | -190.77 Mn |
| Sep 30, 2024 | -332.50 Mn |
| Jun 30, 2024 | -594.10 Mn |
| Mar 31, 2024 | -559.81 Mn |
| Dec 31, 2023 | -402.42 Mn |
| Sep 30, 2023 | -681.60 Mn |
| Jun 30, 2023 | -899.10 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 |