Norwegian Cruise Line Holdings (NCLH) Invested Capital (2012 - 2026)
Norwegian Cruise Line Holdings (NCLH) reported Invested Capital of $15.6 billion for Q1 2026, up 8.69% on a YoY basis from $14.4 billion in Q1 2025, and up 6.87% sequentially from $14.6 billion in Q4 2025.
Norwegian Cruise Line Holdings (NCLH) Invested Capital (2012 - 2026) Analysis & Trends
Norwegian Cruise Line Holdings (NCLH) has 15 years of Invested Capital data on file, last reported at $15.6 billion in Q1 2026.
- For the quarter ending Q1 2026, Invested Capital rose 8.69% year-over-year to $15.6 billion; the trailing twelve-month figure through Mar 2026 stood at $59.3 billion (up 7.88% YoY), and the FY2025 full-year result was $14.6 billion, up 11.49% from the prior year.
- Invested Capital grew to $15.6 billion in Q1 2026, from $14.6 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $15.6 billion in Q1 2026 to a low of $13.1 billion in Q4 2024.
- A 5-year average of $14.0 billion and a median of $14.1 billion in 2023 frame the typical range for Invested Capital.
- Across the five-year window, Invested Capital rose 12.31% in 2022 and retreated 6.82% in 2024, its largest moves.
- Tracing NCLH's Invested Capital over 5 years: stood at $13.6 billion in 2022, then advanced by 3.21% to $14.1 billion in 2023, then decreased by 6.82% to $13.1 billion in 2024, then climbed by 11.49% to $14.6 billion in 2025, then rose by 6.87% to $15.6 billion in 2026.
- Business Quant data shows NCLH's Invested Capital at $15.6 billion in Q1 2026, $14.6 billion in Q4 2025, and $14.9 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 3.02 Bn |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 1.45 Bn |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | - |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | 7.65 Mn |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | 374.61 Mn |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 1.47 Bn |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | - |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | 15.61 Bn |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | - |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | 62.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 15.61 Bn |
| Dec 31, 2025 | 14.61 Bn |
| Sep 30, 2025 | 14.93 Bn |
| Jun 30, 2025 | 14.11 Bn |
| Mar 31, 2025 | 14.36 Bn |
| Dec 31, 2024 | 13.10 Bn |
| Sep 30, 2024 | 13.71 Bn |
| Jun 30, 2024 | 13.76 Bn |
| Mar 31, 2024 | 14.09 Bn |
| Dec 31, 2023 | 14.06 Bn |
| Sep 30, 2023 | 14.21 Bn |
| Jun 30, 2023 | 13.39 Bn |
| Mar 31, 2023 | 13.37 Bn |
| Dec 31, 2022 | 13.62 Bn |
| Sep 30, 2022 | 14.15 Bn |
| Jun 30, 2022 | 13.42 Bn |
| Mar 31, 2022 | 13.77 Bn |
| Dec 31, 2021 | 12.45 Bn |
| Sep 30, 2021 | 12.60 Bn |
| Jun 30, 2021 | 12.49 Bn |