KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on Sales

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

Norwegian Cruise Line Holdings' Gross Margin history spans 14 years, with the latest figure at 47.08% for Q3 2025.

  • For Q3 2025, Gross Margin rose 191.0% year-over-year to 47.08%; the TTM value through Sep 2025 reached 41.98%, up 293.0%, while the annual FY2024 figure was 39.99%, 395.0% up from the prior year.
  • Gross Margin for Q3 2025 was 47.08% at Norwegian Cruise Line Holdings, up from 42.13% in the prior quarter.
  • Across five years, Gross Margin topped out at 47.08% in Q3 2025 and bottomed at 6379.19% in Q1 2021.
  • The 5-year median for Gross Margin is 33.46% (2023), against an average of 386.95%.
  • The largest YoY upside for Gross Margin was 1984242bps in 2021 against a maximum downside of -646917bps in 2021.
  • A 5-year view of Gross Margin shows it stood at 87.38% in 2021, then surged by 123bps to 19.73% in 2022, then soared by 70bps to 33.46% in 2023, then rose by 14bps to 38.01% in 2024, then grew by 24bps to 47.08% in 2025.
  • Per Business Quant, the three most recent readings for NCLH's Gross Margin are 47.08% (Q3 2025), 42.13% (Q2 2025), and 38.71% (Q1 2025).