Norwegian Cruise Line Holdings (NCLH) Invested Capital (2012 - 2026)

Norwegian Cruise Line Holdings' (NCLH) quarterly Invested Capital came in at $18.0 billion in Q1 2026, up 14.34% year-on-year from $15.8 billion in Q1 2025, and up 604.47% quarter-over-quarter from $2.6 billion in Q4 2025.

Norwegian Cruise Line Holdings (NCLH) Invested Capital (2012 - 2026) Analysis & Trends

Norwegian Cruise Line Holdings has disclosed Invested Capital across 15 years of filings, most recently posting $18.0 billion for Q1 2026.

  • Invested Capital for Q1 2026 came in at $18.0 billion, up 14.34% year-over-year; the trailing twelve-month figure through Mar 2026 was $18.0 billion (up 14.34% YoY), and the FY2025 annual result was $2.6 billion, down 82.37% from the prior year.
  • Invested Capital came in at $18.0 billion for Q1 2026 at Norwegian Cruise Line Holdings, up from $2.6 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $18.0 billion in Q1 2026 to a low of $2.6 billion in Q4 2025.
  • The 5-year median for Invested Capital is $14.5 billion (2024), against an average of $14.2 billion.
  • Peak annual rise in Invested Capital reached 15.33% in 2025, while the deepest fall reached 82.37% in 2025.
  • Norwegian Cruise Line Holdings' Invested Capital stood at $13.7 billion in 2022, then gained by 4.89% to $14.4 billion in 2023, then rose by 1.16% to $14.5 billion in 2024, then sank by 82.37% to $2.6 billion in 2025, then surged by 604.47% to $18.0 billion in 2026.
  • The last three Invested Capital figures came in at $18.0 billion (Q1 2026), $2.6 billion (Q4 2025), and $17.1 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 8.18 Bn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn 10.11 Bn
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 9.82 Bn
4 Carnival 37.80 Bn 36.39 Bn - 39.05 Bn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 6.31 Bn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn 18.04 Bn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 3.13 Bn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 2.63 Bn
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn 24.09 Bn
10 MakeMyTrip 2.12 Bn 1.35 Bn - 1.40 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 18.04 Bn
Dec 31, 2025 2.56 Bn
Sep 30, 2025 17.12 Bn
Jun 30, 2025 15.68 Bn
Mar 31, 2025 15.78 Bn
Dec 31, 2024 14.53 Bn
Sep 30, 2024 14.85 Bn
Jun 30, 2024 14.45 Bn
Mar 31, 2024 14.45 Bn
Dec 31, 2023 14.36 Bn
Sep 30, 2023 14.65 Bn
Jun 30, 2023 13.41 Bn
Mar 31, 2023 13.27 Bn
Dec 31, 2022 13.69 Bn
Sep 30, 2022 14.55 Bn
Jun 30, 2022 14.33 Bn
Mar 31, 2022 15.27 Bn
Dec 31, 2021 14.88 Bn
Sep 30, 2021 15.49 Bn
Jun 30, 2021 16.21 Bn