Norwegian Cruise Line Holdings (NCLH) Non-Current Debt (2012 - 2026)

Norwegian Cruise Line Holdings' (NCLH) quarterly Non-Current Debt came in at $14.0 billion in Q1 2026, up 8.6% year-on-year from $12.9 billion in Q1 2025, and up 1.81% quarter-over-quarter from $13.7 billion in Q4 2025.

Norwegian Cruise Line Holdings (NCLH) Non-Current Debt (2012 - 2026) Analysis & Trends

Norwegian Cruise Line Holdings has disclosed Non-Current Debt across 15 years of filings, most recently posting $14.0 billion for Q1 2026.

  • Non-Current Debt for Q1 2026 came in at $14.0 billion, up 8.6% year-over-year; the trailing twelve-month figure through Mar 2026 was $14.0 billion (up 8.6% YoY), and the FY2025 annual result was $13.7 billion, up 16.59% from the prior year.
  • Non-Current Debt came in at $14.0 billion for Q1 2026 at Norwegian Cruise Line Holdings, up from $13.7 billion in the prior quarter.
  • In the past five years, Non-Current Debt ranged from a high of $14.0 billion in Q1 2026 to a low of $11.8 billion in Q3 2024.
  • The 5-year median for Non-Current Debt is $12.6 billion (2022), against an average of $12.6 billion.
  • Across the five-year window, Non-Current Debt slipped 6.99% in 2024 and advanced 16.59% in 2025, its largest moves.
  • Norwegian Cruise Line Holdings' Non-Current Debt stood at $12.6 billion in 2022, then decreased by 2.5% to $12.3 billion in 2023, then declined by 4.36% to $11.8 billion in 2024, then advanced by 16.59% to $13.7 billion in 2025, then increased by 1.81% to $14.0 billion in 2026.
  • The last three Non-Current Debt figures came in at $14.0 billion (Q1 2026), $13.7 billion (Q4 2025), and $13.6 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 15.40 Bn
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn 2.48 Bn
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 19.67 Bn
4 Carnival 37.80 Bn 36.39 Bn - 23.79 Bn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 4.47 Bn
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn 13.98 Bn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 1.46 Bn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn -
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn 1.61 Bn
10 MakeMyTrip 2.12 Bn 1.35 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 13.98 Bn
Mar 31, 2026 13.98 Bn
Dec 31, 2025 13.73 Bn
Dec 31, 2025 13.73 Bn
Sep 30, 2025 13.65 Bn
Sep 30, 2025 13.65 Bn
Jun 30, 2025 12.63 Bn
Jun 30, 2025 12.63 Bn
Mar 31, 2025 12.87 Bn
Mar 31, 2025 12.87 Bn
Dec 31, 2024 11.78 Bn
Dec 31, 2024 11.78 Bn
Sep 30, 2024 11.75 Bn
Sep 30, 2024 11.75 Bn
Jun 30, 2024 11.91 Bn
Jun 30, 2024 11.91 Bn
Mar 31, 2024 12.01 Bn
Mar 31, 2024 12.01 Bn
Dec 31, 2023 12.31 Bn
Dec 31, 2023 12.31 Bn