Norwegian Cruise Line Holdings (NCLH) EV to CFO (2013 - 2026)
Norwegian Cruise Line Holdings' (NCLH) quarterly EV to CFO came in at 15.72 in Q2 2026, up 26.61% year-over-year from 12.42 in Q2 2025, and up 51.89% quarter-over-quarter from 10.35 in Q1 2026.
Analysis
Norwegian Cruise Line Holdings (NCLH) EV to CFO (2013 - 2026) Analysis & Trends
Norwegian Cruise Line Holdings has disclosed EV to CFO across 14 years of filings, most recently posting 15.72 for Q2 2026.
- In Q2 2026, EV to CFO rose 26.61% year-over-year to 15.72; the TTM figure through Jun 2026 stood at 4.49 (down 0.55% YoY), while the FY2025 annual figure was 4.76, down 12.27% from the prior year.
- EV to CFO came in at 15.72 for Q2 2026 at Norwegian Cruise Line Holdings, up from 10.35 in the prior quarter.
- In the past five years, EV to CFO ranged from a high of 50.35 in Q3 2024 to a low of 18.96 in Q1 2022.
- Average EV to CFO over 5 years is 19.53, with a median of 14.07 recorded in 2025.
- The largest YoY upside for EV to CFO was 467.78% in 2022 against a maximum downside of 141.12% in 2022.
- Over 5 years, EV to CFO stood at 17.8 in 2022, then jumped by 76.27% to 31.37 in 2023, then fell by 11.17% to 27.87 in 2024, then retreated by 22.22% to 21.68 in 2025, then slipped by 27.46% to 15.72 in 2026.
- Per Business Quant data, the three most recent EV to CFO figures were 15.72 in Q2 2026, 10.35 in Q1 2026, and 21.68 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Royal Caribbean Cruises | 71.23 Bn | 70.31 Bn | 2.29 Bn |
| 2 | Viking Holdings | 38.98 Bn | 34.99 Bn | 996.62 Mn |
| 3 | Carnival | 32.12 Bn | 29.88 Bn | - |
| 4 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.86 Bn | 1.05 Bn |
| 5 | Lindblad Expeditions Holdings | 1.73 Bn | 1.37 Bn | 96.64 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.72 |
| Mar 31, 2026 | 10.35 |
| Dec 31, 2025 | 21.68 |
| Sep 30, 2025 | 46.69 |
| Jun 30, 2025 | 12.42 |
| Mar 31, 2025 | 12.11 |
| Dec 31, 2024 | 27.87 |
| Sep 30, 2024 | 50.35 |
| Jun 30, 2024 | 11.43 |
| Mar 31, 2024 | 10.43 |
| Dec 31, 2023 | 31.37 |
| Sep 30, 2023 | 30.13 |
| Jun 30, 2023 | 8.09 |
| Mar 31, 2023 | 9.94 |
| Dec 31, 2022 | 17.80 |
| Sep 30, 2022 | 43.61 |
| Jun 30, 2022 | 10.52 |
| Mar 31, 2022 | -18.96 |
| Dec 31, 2021 | -21.86 |
| Sep 30, 2021 | -11.86 |