Norwegian Cruise Line Holdings (NCLH) Invested Capital (2012 - 2026)
Norwegian Cruise Line Holdings' (NCLH) quarterly Invested Capital came in at $17.6 billion in Q2 2026, up 14.84% year-over-year from $15.3 billion in Q2 2025, and little changed quarter-over-quarter from $17.6 billion in Q1 2026.
Analysis
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 $17.6 billion for Q2 2026.
- In Q2 2026, Invested Capital rose 14.84% year-over-year to $17.6 billion; the TTM figure through Jun 2026 stood at $17.6 billion (up 14.84% YoY), while the FY2025 annual figure was $16.8 billion, up 15.77% from the prior year.
- Invested Capital came in at $17.6 billion for Q2 2026 at Norwegian Cruise Line Holdings, roughly flat from $17.6 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $17.6 billion in Q2 2026 to a low of $13.0 billion in Q1 2023.
- Average Invested Capital over 5 years is $14.9 billion, with a median of $14.4 billion recorded in 2023.
- Year-over-year, Invested Capital dropped 13.59% in 2023 and advanced 15.77% in 2025.
- Over 5 years, 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 rose by 15.77% to $16.8 billion in 2025, then increased by 4.71% to $17.6 billion in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were $17.6 billion in Q2 2026, $17.6 billion in Q1 2026, and $16.8 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Royal Caribbean Cruises | 71.23 Bn | 70.31 Bn | 2.29 Bn | 33.31 Bn |
| 2 | Viking Holdings | 38.98 Bn | 34.99 Bn | 996.62 Mn | 7.60 Bn |
| 3 | Carnival | 32.12 Bn | 29.88 Bn | - | 40.03 Bn |
| 4 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.86 Bn | 1.05 Bn | 17.61 Bn |
| 5 | Lindblad Expeditions Holdings | 1.73 Bn | 1.37 Bn | 96.64 Mn | 468.03 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.61 Bn |
| Mar 31, 2026 | 17.59 Bn |
| Dec 31, 2025 | 16.82 Bn |
| Sep 30, 2025 | 16.71 Bn |
| Jun 30, 2025 | 15.33 Bn |
| Mar 31, 2025 | 15.41 Bn |
| Dec 31, 2024 | 14.53 Bn |
| Sep 30, 2024 | 14.54 Bn |
| Jun 30, 2024 | 14.13 Bn |
| Mar 31, 2024 | 14.11 Bn |
| Dec 31, 2023 | 14.36 Bn |
| Sep 30, 2023 | 14.31 Bn |
| Jun 30, 2023 | 13.14 Bn |
| Mar 31, 2023 | 13.03 Bn |
| Dec 31, 2022 | 13.69 Bn |
| Sep 30, 2022 | 14.31 Bn |
| Jun 30, 2022 | 14.15 Bn |
| Mar 31, 2022 | 15.08 Bn |
| Dec 31, 2021 | 14.88 Bn |
| Sep 30, 2021 | 15.29 Bn |