Norwegian Cruise Line Holdings NCLH
NYSE NCLH
$15.39 -0.18 (-1.17%)
As of: Sep 8, 2026 · 3:59 PM EDT

Norwegian Cruise Line Holdings (NCLH) FCF Margin (2012 - 2026)

Norwegian Cruise Line Holdings' (NCLH) quarterly FCF Margin came in at 5.49% in Q2 2026, down 966.0% year-over-year from 0.63% in Q2 2025, and up 120.46% quarter-over-quarter from 26.82% in Q1 2026.

Analysis

Norwegian Cruise Line Holdings (NCLH) FCF Margin (2012 - 2026) Analysis & Trends

Norwegian Cruise Line Holdings has disclosed FCF Margin across 15 years of filings, most recently posting 5.49% for Q2 2026.

  • In Q2 2026, FCF Margin fell 966.0% year-over-year to 5.49%; the TTM figure through Jun 2026 stood at 11.67% (down 640.0% YoY), while the FY2025 annual figure was 11.9%, down 2075.0% from the prior year.
  • FCF Margin came in at 5.49% for Q2 2026 at Norwegian Cruise Line Holdings, up from 26.82% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 25.02% in Q1 2024 to a low of 102.75% in Q1 2022.
  • Average FCF Margin over 5 years is 12.36%, with a median of 3.15% recorded in 2022.
  • Year-over-year, FCF Margin surged 3177986 bps in 2022 and tumbled 6479 bps in 2025.
  • Over 5 years, FCF Margin stood at 5.34% in 2022, then plunged by 466 bps to 19.57% in 2023, then soared by 138 bps to 7.39% in 2024, then slumped by 87 bps to 0.96% in 2025, then jumped by 474 bps to 5.49% in 2026.
  • Per Business Quant data, the three most recent FCF Margin figures were 5.49% in Q2 2026, 26.82% in Q1 2026, and 0.96% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Royal Caribbean Cruises 71.23 Bn 70.31 Bn 2.29 Bn -18.15%
2 Viking Holdings 38.98 Bn 34.99 Bn 996.62 Mn 51.36%
3 Carnival 32.12 Bn 29.88 Bn - 26.34%
4 Norwegian Cruise Line Holdings 7.08 Bn 6.86 Bn 1.05 Bn 5.49%
5 Lindblad Expeditions Holdings 1.73 Bn 1.37 Bn 96.64 Mn 25.62%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 5.49%
Mar 31, 2026 -26.82%
Dec 31, 2025 0.96%
Sep 30, 2025 -24.73%
Jun 30, 2025 15.14%
Mar 31, 2025 -39.76%
Dec 31, 2024 7.39%
Sep 30, 2024 -6.97%
Jun 30, 2024 13.92%
Mar 31, 2024 25.02%
Dec 31, 2023 -19.57%
Sep 30, 2023 -36.21%
Jun 30, 2023 13.46%
Mar 31, 2023 14.58%
Dec 31, 2022 5.34%
Sep 30, 2022 -75.51%
Jun 30, 2022 8.52%
Mar 31, 2022 -102.75%
Dec 31, 2021 -108.52%
Sep 30, 2021 -588.15%