Norwegian Cruise Line Holdings (NCLH) Non-Current Debt (2012 - 2026)
Norwegian Cruise Line Holdings (NCLH) recorded Non-Current Debt of $13.89 billion in Q2 2026, up 10.0% from $12.63 billion a year earlier but down 0.6% from the prior quarter.
Powered by 
Analysis
Norwegian Cruise Line Holdings (NCLH) Non-Current Debt (2012 - 2026) Analysis & Trends
At the end of FY2025, Norwegian Cruise Line Holdings reported Non-Current Debt of $13.73 billion, up 16.6% from FY2024.
- Annual Non-Current Debt has a five-year compound annual growth rate of 3.3% (FY2020 to FY2025).
- Across earlier years, Non-Current Debt came in at $11.78 billion in FY2024 (-4.4%), $12.31 billion in FY2023 (-2.5%), $12.63 billion in FY2022 (+9.2%) and $11.57 billion in FY2021 (-1.0%).
- Quarterly Non-Current Debt has ranged from $11.57 billion in Q4 2021 to $13.98 billion in Q1 2026 over the past five years.
- On a year-over-year basis, Non-Current Debt has increased for six consecutive quarters, with growth averaging 6.6% over the last eight quarters.
- Peak year-over-year performance for Non-Current Debt in the last five years was growth of 16.6% in Q4 2025, against a decline of 7.0% in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $13.98 billion (Q1 2026), $13.73 billion (Q4 2025) and $13.65 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn | 16.46 Bn |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | 12.72 Bn |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | 21.26 Bn |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | 5.74 Bn |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | 23.42 Bn |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | -1.05 Bn |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | 93.00 Mn |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | 3.68 Bn |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | 489.00 Mn |
| 10 | Norwegian Cruise Line Holdings | 6.57 Bn | 5.79 Bn | 1.05 Bn | 13.89 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.89 Bn |
| Mar 31, 2026 | 13.98 Bn |
| Dec 31, 2025 | 13.73 Bn |
| Sep 30, 2025 | 13.65 Bn |
| Jun 30, 2025 | 12.63 Bn |
| Mar 31, 2025 | 12.87 Bn |
| Dec 31, 2024 | 11.78 Bn |
| Sep 30, 2024 | 11.75 Bn |
| Jun 30, 2024 | 11.91 Bn |
| Mar 31, 2024 | 12.01 Bn |
| Dec 31, 2023 | 12.31 Bn |
| Sep 30, 2023 | 12.63 Bn |
| Jun 30, 2023 | 11.99 Bn |
| Mar 31, 2023 | 11.92 Bn |
| Dec 31, 2022 | 12.63 Bn |
| Sep 30, 2022 | 12.89 Bn |
| Jun 30, 2022 | 12.24 Bn |
| Mar 31, 2022 | 12.56 Bn |
| Dec 31, 2021 | 11.57 Bn |
| Sep 30, 2021 | 11.86 Bn |
API Access
Norwegian Cruise Line Holdings Non-Current Debt 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=non-current-debt&ticker=NCLH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=NCLH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();