Growth Metrics

Norwegian Cruise Line Holdings (NCLH) Gross Margin (2016 - 2025)

Norwegian Cruise Line Holdings (NCLH) has disclosed Gross Margin for 14 consecutive years, with 41.03% as the latest value for Q4 2025.

  • Quarterly Gross Margin rose 302.0% to 41.03% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 42.62% through Dec 2025, up 263.0% year-over-year, with the annual reading at 42.62% for FY2025, 263.0% up from the prior year.
  • Gross Margin hit 41.03% in Q4 2025 for Norwegian Cruise Line Holdings, down from 47.08% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 47.08% in Q3 2025 to a low of 6379.19% in Q1 2021.
  • Historically, Gross Margin has averaged 587.48% across 5 years, with a median of 35.07% in 2023.
  • Biggest five-year swings in Gross Margin: tumbled -646917bps in 2021 and later surged 633829bps in 2022.
  • Year by year, Gross Margin stood at 47.24% in 2021, then surged by 142bps to 19.73% in 2022, then skyrocketed by 70bps to 33.46% in 2023, then grew by 14bps to 38.01% in 2024, then increased by 8bps to 41.03% in 2025.
  • Business Quant data shows Gross Margin for NCLH at 41.03% in Q4 2025, 47.08% in Q3 2025, and 42.13% in Q2 2025.