Norwegian Cruise Line Holdings (NCLH) Free Cash Flow (2012 - 2026)
Norwegian Cruise Line Holdings (NCLH) recorded Free Cash Flow of $144.89 million in Q2 2026, down 62.0% from $381.21 million a year earlier.
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Analysis
Norwegian Cruise Line Holdings (NCLH) Free Cash Flow (2012 - 2026) Analysis & Trends
On a TTM basis, Norwegian Cruise Line Holdings' Free Cash Flow came in at -$1.19 billion as of Jun 30, 2026; for FY2025, it was -$1.17 billion.
- Across earlier years, Free Cash Flow came in at $838.87 million in FY2024, -$744.65 million in FY2023, -$1.57 billion in FY2022 and -$3.22 billion in FY2021.
- Quarterly Free Cash Flow has ranged from -$1.22 billion in Q3 2022 to $548.32 million in Q1 2024 over the past five years.
- Per Business Quant, the preceding three quarters came in at -$625.22 million (Q1 2026), $21.46 million (Q4 2025) and -$726.53 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 92.75 Bn | 90.79 Bn | 1.55 Bn | 796.00 Mn |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn | 460.00 Mn |
| 3 | Royal Caribbean Cruises | 71.17 Bn | 68.75 Bn | 2.29 Bn | -877.00 Mn |
| 4 | Viking Holdings | 35.31 Bn | 20.44 Bn | 996.62 Mn | 1.12 Bn |
| 5 | Carnival | 33.05 Bn | 26.25 Bn | - | 712.00 Mn |
| 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 | 28.00 Mn |
| 9 | H World | 13.15 Bn | 4.07 Bn | - | 525.03 Mn |
| 10 | Norwegian Cruise Line Holdings | 6.73 Bn | 5.95 Bn | 1.05 Bn | 144.89 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 144.89 Mn |
| Mar 31, 2026 | -625.22 Mn |
| Dec 31, 2025 | 21.46 Mn |
| Sep 30, 2025 | -726.53 Mn |
| Jun 30, 2025 | 381.21 Mn |
| Mar 31, 2025 | -846.00 Mn |
| Dec 31, 2024 | 155.82 Mn |
| Sep 30, 2024 | -195.51 Mn |
| Jun 30, 2024 | 330.24 Mn |
| Mar 31, 2024 | 548.32 Mn |
| Dec 31, 2023 | -388.66 Mn |
| Sep 30, 2023 | -918.41 Mn |
| Jun 30, 2023 | 296.77 Mn |
| Mar 31, 2023 | 265.66 Mn |
| Dec 31, 2022 | 81.19 Mn |
| Sep 30, 2022 | -1.22 Bn |
| Jun 30, 2022 | 101.17 Mn |
| Mar 31, 2022 | -536.30 Mn |
| Dec 31, 2021 | -528.97 Mn |
| Sep 30, 2021 | -900.35 Mn |
API Access
Norwegian Cruise Line Holdings Free Cash Flow 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=free-cash-flow&ticker=NCLH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=NCLH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();