Norwegian Cruise Line Holdings (NCLH) EV to FCF (2013 - 2026)
Norwegian Cruise Line Holdings' (NCLH) quarterly EV to FCF came in at 65.39 in Q2 2026, up 180.8% year-over-year from 23.29 in Q2 2025, and up 586.7% quarter-over-quarter from 13.44 in Q1 2026.
Analysis
Norwegian Cruise Line Holdings (NCLH) EV to FCF (2013 - 2026) Analysis & Trends
Norwegian Cruise Line Holdings has disclosed EV to FCF across 14 years of filings, most recently posting 65.39 for Q2 2026.
- In Q2 2026, EV to FCF rose 180.8% year-over-year to 65.39; the TTM figure through Jun 2026 stood at 7.99 (up 54.58% YoY), while the FY2025 annual figure was 8.51, down 164.13% from the prior year.
- EV to FCF came in at 65.39 for Q2 2026 at Norwegian Cruise Line Holdings, up from 13.44 in the prior quarter.
- In the past five years, EV to FCF ranged from a high of 463.66 in Q4 2025 to a low of 44.43 in Q3 2024.
- Average EV to FCF over 5 years is 36.77, with a median of 17.1 recorded in 2023.
- Year-over-year, EV to FCF sank 544.64% in 2024 and soared 549.3% in 2025.
- Over 5 years, EV to FCF stood at 51.87 in 2022, then plunged by 140.3% to 20.91 in 2023, then jumped by 441.56% to 71.41 in 2024, then soared by 549.3% to 463.66 in 2025, then plunged by 85.9% to 65.39 in 2026.
- Per Business Quant data, the three most recent EV to FCF figures were 65.39 in Q2 2026, 13.44 in Q1 2026, and 463.66 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 | 65.39 |
| Mar 31, 2026 | -13.44 |
| Dec 31, 2025 | 463.66 |
| Sep 30, 2025 | -15.20 |
| Jun 30, 2025 | 23.29 |
| Mar 31, 2025 | -9.72 |
| Dec 31, 2024 | 71.41 |
| Sep 30, 2024 | -44.43 |
| Jun 30, 2024 | 23.22 |
| Mar 31, 2024 | 15.36 |
| Dec 31, 2023 | -20.91 |
| Sep 30, 2023 | -6.89 |
| Jun 30, 2023 | 28.16 |
| Mar 31, 2023 | 18.84 |
| Dec 31, 2022 | 51.87 |
| Sep 30, 2022 | -2.94 |
| Jun 30, 2022 | 27.26 |
| Mar 31, 2022 | -13.11 |
| Dec 31, 2021 | -13.04 |
| Sep 30, 2021 | -8.83 |