Norwegian Cruise Line Holdings (NCLH) Payables (2012 - 2026)
Norwegian Cruise Line Holdings' Payables came in at $233.06 million for Q2 2026, up 37.6% from $169.37 million a year earlier and up 26.2% from the prior quarter.
Norwegian Cruise Line Holdings (NCLH) Payables (2012 - 2026) Analysis & Trends
At the end of FY2025, Norwegian Cruise Line Holdings' Payables was $169.66 million, down 0.8% from FY2024.
- Payables has declined in each of the last four years, though with a five-year compound annual growth rate of 15.3% (FY2020 to FY2025).
- Going back by year, Payables was $171.11 million in FY2024 (-1.9%), $174.34 million in FY2023 (-23.8%), $228.74 million in FY2022 (-1.9%) and $233.17 million in FY2021 (+180.5%).
- The Q2 2026 figure represents the highest quarterly Payables since Q4 2021.
- Year-over-year, Payables increased in four of the last eight quarters, with growth averaging 5.2%.
- The fastest year-over-year change in Payables over five years came in Q4 2021 (growth of 180.5%), and the weakest in Q4 2023 (a decline of 23.8%).
- Business Quant data shows NCLH's Payables at $184.67 million (Q1 2026), $169.66 million (Q4 2025) and $193.4 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn | 819.00 Mn |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | 2.31 Bn |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | 1.09 Bn |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | 327.44 Mn |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | 1.25 Bn |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | -1.82 Bn |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | 2.93 Bn |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | 530.00 Mn |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | 286.52 Mn |
| 10 | Norwegian Cruise Line Holdings | 6.57 Bn | 5.79 Bn | 1.05 Bn | 233.06 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 233.06 Mn |
| Mar 31, 2026 | 184.67 Mn |
| Dec 31, 2025 | 169.66 Mn |
| Sep 30, 2025 | 193.40 Mn |
| Jun 30, 2025 | 169.37 Mn |
| Mar 31, 2025 | 161.78 Mn |
| Dec 31, 2024 | 171.11 Mn |
| Sep 30, 2024 | 172.94 Mn |
| Jun 30, 2024 | 182.45 Mn |
| Mar 31, 2024 | 204.97 Mn |
| Dec 31, 2023 | 174.34 Mn |
| Sep 30, 2023 | 158.41 Mn |
| Jun 30, 2023 | 148.33 Mn |
| Mar 31, 2023 | 203.23 Mn |
| Dec 31, 2022 | 228.74 Mn |
| Sep 30, 2022 | 141.31 Mn |
| Jun 30, 2022 | 100.34 Mn |
| Mar 31, 2022 | 91.79 Mn |
| Dec 31, 2021 | 233.17 Mn |
| Sep 30, 2021 | 94.95 Mn |
Norwegian Cruise Line Holdings Payables 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=payables&ticker=NCLH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=NCLH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();