Norwegian Cruise Line Holdings (NCLH) EV to CFO (2013 - 2026)
Norwegian Cruise Line Holdings' (NCLH) EV to CFO came in at 4.49 for Q2 2026, down 0.5% from 4.52 a year earlier but up 18.8% from the prior quarter.
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Analysis
Norwegian Cruise Line Holdings (NCLH) EV to CFO (2013 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to CFO at Norwegian Cruise Line Holdings was 4.22, up 1.7% year-over-year; for FY2025, it came in at 4.76, down 12.3% from FY2024.
- In prior years, Norwegian Cruise Line Holdings' EV to CFO was 5.43 in FY2024 (+34.0%), 4.05 in FY2023 (-79.8%) and 20.05 in FY2022.
- Quarterly EV to CFO has run from a low of 3.19 in Q3 2023 to a high of 20.05 in Q4 2022 over five years.
- On a year-over-year basis, EV to CFO has declined in each of the last three quarters, with growth averaging 13.0% over the last eight quarters.
- The strongest year-over-year quarter for EV to CFO in the past five years was Q3 2024, with growth of 42.5%; the weakest was Q4 2023, with a decline of 79.8%.
- According to Business Quant data, EV to CFO for the three prior quarters was 3.78 (Q1 2026), 4.76 (Q4 2025) and 5.44 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 92.75 Bn | 90.79 Bn | 1.55 Bn |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 71.17 Bn | 68.75 Bn | 2.29 Bn |
| 4 | Viking Holdings | 35.31 Bn | 20.44 Bn | 996.62 Mn |
| 5 | Carnival | 33.05 Bn | 26.25 Bn | - |
| 6 | Intercontinental Hotels | 26.49 Bn | 22.05 Bn | - |
| 7 | Trip.com | 25.40 Bn | -20.15 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 14.95 Bn | 12.43 Bn | 388.00 Mn |
| 9 | H World | 13.15 Bn | 4.07 Bn | - |
| 10 | Norwegian Cruise Line Holdings | 6.73 Bn | 5.95 Bn | 1.05 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.49 |
| Mar 31, 2026 | 3.78 |
| Dec 31, 2025 | 4.76 |
| Sep 30, 2025 | 5.44 |
| Jun 30, 2025 | 4.52 |
| Mar 31, 2025 | 4.28 |
| Dec 31, 2024 | 5.43 |
| Sep 30, 2024 | 4.55 |
| Jun 30, 2024 | 3.94 |
| Mar 31, 2024 | 3.65 |
| Dec 31, 2023 | 4.05 |
| Sep 30, 2023 | 3.19 |
| Jun 30, 2023 | 4.50 |
| Mar 31, 2023 | 4.61 |
| Dec 31, 2022 | 20.05 |
| Mar 31, 2020 | 0.80 |
| Dec 31, 2019 | 6.69 |
| Sep 30, 2019 | 5.89 |
| Jun 30, 2019 | 5.98 |
| Mar 31, 2019 | 5.79 |
API Access
Norwegian Cruise Line Holdings EV to CFO 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=ev-to-cfo&ticker=NCLH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=NCLH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();