Norwegian Cruise Line Holdings (NCLH) Long-Term Debt Issuances (2012 - 2026)
Norwegian Cruise Line Holdings (NCLH) reported Long-Term Debt Issuances of $495 million for Q2 2026, down 36.0% from $773.88 million a year earlier and down 60.7% from the prior quarter.
Powered by 
Analysis
Norwegian Cruise Line Holdings (NCLH) Long-Term Debt Issuances (2012 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Norwegian Cruise Line Holdings' Long-Term Debt Issuances came in at $7.04 billion, up 28.2% year-over-year; for FY2025, it was $9.74 billion, up 649.9% from FY2024.
- Long-Term Debt Issuances has a five-year compound annual growth rate of 9.9% (FY2020 to FY2025).
- By year, Long-Term Debt Issuances came in at $1.3 billion in FY2024 (-70.0%), $4.32 billion in FY2023 (+44.0%), $3 billion in FY2022 (+15.4%) and $2.6 billion in FY2021 (-57.2%).
- The Q2 2026 figure ranks as the lowest quarterly Long-Term Debt Issuances since Q3 2024.
- Year over year, Long-Term Debt Issuances has now declined in each of the last three quarters, with growth averaging 21.6% over the last six quarters.
- The high point for year-over-year Long-Term Debt Issuances in five years was Q3 2022 (growth of 662.6%); the low point was Q1 2024 (a decline of 93.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.26 billion (Q1 2026), $511.97 million (Q4 2025) and $4.77 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | LT Debt Issuance (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 104.57 Bn | 102.62 Bn | 1.55 Bn | - |
| 2 | Hilton Worldwide Holdings | 81.21 Bn | 77.66 Bn | 3.08 Bn | - |
| 3 | Royal Caribbean Cruises | 76.81 Bn | 74.17 Bn | 2.29 Bn | 2.91 Bn |
| 4 | Viking Holdings | 37.61 Bn | 22.74 Bn | 996.62 Mn | 463.97 Mn |
| 5 | Carnival | 36.88 Bn | 30.07 Bn | - | - |
| 6 | Trip.com | 26.06 Bn | -18.93 Bn | 1.84 Bn | - |
| 7 | Intercontinental Hotels | 25.91 Bn | 21.88 Bn | - | - |
| 8 | Hyatt Hotels | 16.64 Bn | 13.80 Bn | 388.00 Mn | - |
| 9 | H World | 14.17 Bn | 5.58 Bn | 453.94 Mn | 247.00 Mn |
| 10 | Norwegian Cruise Line Holdings | 7.12 Bn | 6.34 Bn | 1.05 Bn | 495.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 495.00 Mn |
| Mar 31, 2026 | 1.26 Bn |
| Dec 31, 2025 | 511.97 Mn |
| Sep 30, 2025 | 4.77 Bn |
| Jun 30, 2025 | 773.88 Mn |
| Mar 31, 2025 | 3.68 Bn |
| Dec 31, 2024 | 609.70 Mn |
| Sep 30, 2024 | 427.17 Mn |
| Jun 30, 2024 | 169.33 Mn |
| Mar 31, 2024 | 92.41 Mn |
| Dec 31, 2023 | 1.33 Bn |
| Sep 30, 2023 | 951.00 Mn |
| Jun 30, 2023 | 707.57 Mn |
| Mar 31, 2023 | 1.33 Bn |
| Sep 30, 2022 | 929.83 Mn |
| Mar 31, 2022 | 2.07 Bn |
| Dec 31, 2021 | 1.26 Bn |
| Sep 30, 2021 | 121.93 Mn |
| Jun 30, 2021 | 61.44 Mn |
| Mar 31, 2021 | 1.16 Bn |
API Access
Norwegian Cruise Line Holdings Long-Term Debt Issuances API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-debt-issuances&ticker=NCLH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-debt-issuances", "ticker": "NCLH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=long-term-debt-issuances&ticker=NCLH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();