Norwegian Cruise Line Holdings NCLH
NYSE NCLH
$15.39 -0.18 (-1.17%)
As of: Sep 8, 2026 · 3:59 PM EDT

Norwegian Cruise Line Holdings (NCLH) Net Margin (2012 - 2026)

Norwegian Cruise Line Holdings' (NCLH) quarterly Net Margin came in at 8.43% in Q2 2026, up 724.0% year-over-year from 1.02% in Q2 2025, and up 87.72% quarter-over-quarter from 4.49% in Q1 2026.

Analysis

Norwegian Cruise Line Holdings (NCLH) Net Margin (2012 - 2026) Analysis & Trends

Norwegian Cruise Line Holdings has disclosed Net Margin across 15 years of filings, most recently posting 8.43% for Q2 2026.

  • In Q2 2026, Net Margin rose 724.0% year-over-year to 8.43%; the TTM figure through Jun 2026 stood at 7.39% (down 45.0% YoY), while the FY2025 annual figure was 3.01%, down 726.0% from the prior year.
  • Net Margin came in at 8.43% for Q2 2026 at Norwegian Cruise Line Holdings, up from 4.49% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 21.29% in Q4 2023 to a low of 188.28% in Q1 2022.
  • Average Net Margin over 5 years is 10.33%, with a median of 2.55% recorded in 2025.
  • Year-over-year, Net Margin soared 4401146 bps in 2022 and plunged 1295 bps in 2025.
  • Over 5 years, Net Margin stood at 31.76% in 2022, then surged by 167 bps to 21.29% in 2023, then sank by 40 bps to 12.78% in 2024, then slumped by 101 bps to 0.17% in 2025, then soared by 4977 bps to 8.43% in 2026.
  • Per Business Quant data, the three most recent Net Margin figures were 8.43% in Q2 2026, 4.49% in Q1 2026, and 0.17% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Royal Caribbean Cruises 71.23 Bn 70.31 Bn 2.29 Bn 23.51%
2 Viking Holdings 38.98 Bn 34.99 Bn 996.62 Mn 26.82%
3 Carnival 32.12 Bn 29.88 Bn - 8.07%
4 Norwegian Cruise Line Holdings 7.08 Bn 6.86 Bn 1.05 Bn 8.43%
5 Lindblad Expeditions Holdings 1.73 Bn 1.37 Bn 96.64 Mn -0.71%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 8.43%
Mar 31, 2026 4.49%
Dec 31, 2025 -0.17%
Sep 30, 2025 14.52%
Jun 30, 2025 1.19%
Mar 31, 2025 -1.89%
Dec 31, 2024 12.78%
Sep 30, 2024 17.46%
Jun 30, 2024 7.56%
Mar 31, 2024 0.79%
Dec 31, 2023 21.29%
Sep 30, 2023 13.64%
Jun 30, 2023 3.90%
Mar 31, 2023 -8.74%
Dec 31, 2022 -31.76%
Sep 30, 2022 -18.28%
Jun 30, 2022 -42.90%
Mar 31, 2022 -188.28%
Dec 31, 2021 -322.65%
Sep 30, 2021 -552.57%