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| Date | Value |
|---|---|
| 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 |