Norwegian Cruise Line Holdings (NCLH) Return on Equity [ROE] (2012 - 2026)
Norwegian Cruise Line Holdings' Return on Equity [ROE] was 30.40% in Q2 2026, down 17.76 percentage points from 48.17% a year earlier but up 5.92 percentage points from the prior quarter.
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Analysis
Norwegian Cruise Line Holdings (NCLH) Return on Equity [ROE] (2012 - 2026) Analysis & Trends
For FY2025, Return on Equity [ROE] at Norwegian Cruise Line Holdings came in at 23.29%, down 82.18 percentage points from FY2024.
- Return on Equity [ROE] shows a five-year change of +97.11 percentage points (FY2020 to FY2025).
- In earlier years, Return on Equity [ROE] was 105.46% in FY2024 (+15.49 pp), 89.97% in FY2023 (+271.47 pp), -181.50% in FY2022 (-48.70 pp) and -132.81% in FY2021 (-58.98 pp).
- Quarterly Return on Equity [ROE] has moved between -969.27% (Q4 2022) and 103.44% (Q1 2024) over five years.
- Compared with a year earlier, Return on Equity [ROE] has declined for six straight quarters, with an average year-over-year change of -3.27 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Equity [ROE] over five years was Q4 2023 (a gain of 1014.22 percentage points); the worst was Q4 2022 (a drop of 799.72 percentage points).
- Per Business Quant data, NCLH's Return on Equity [ROE] in the three quarters before Q2 2026 was 24.48% (Q1 2026), 19.23% (Q4 2025) and 35.27% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 92.75 Bn | 90.79 Bn | 1.55 Bn | - |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn | - |
| 3 | Royal Caribbean Cruises | 71.17 Bn | 68.75 Bn | 2.29 Bn | 43.21% |
| 4 | Viking Holdings | 35.31 Bn | 20.44 Bn | 996.62 Mn | 99.13% |
| 5 | Carnival | 33.05 Bn | 26.25 Bn | - | 23.08% |
| 6 | Intercontinental Hotels | 26.49 Bn | 22.05 Bn | - | - |
| 7 | Trip.com | 25.40 Bn | -20.15 Bn | 1.84 Bn | 8.26% |
| 8 | Hyatt Hotels | 14.95 Bn | 12.43 Bn | 388.00 Mn | 2.26% |
| 9 | H World | 13.15 Bn | 4.07 Bn | - | 76.12% |
| 10 | Norwegian Cruise Line Holdings | 6.73 Bn | 5.95 Bn | 1.05 Bn | 30.40% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.40% |
| Mar 31, 2026 | 24.48% |
| Dec 31, 2025 | 19.23% |
| Sep 30, 2025 | 35.27% |
| Jun 30, 2025 | 48.17% |
| Mar 31, 2025 | 60.00% |
| Dec 31, 2024 | 71.09% |
| Sep 30, 2024 | 60.08% |
| Jun 30, 2024 | 79.64% |
| Mar 31, 2024 | 103.44% |
| Dec 31, 2023 | 44.94% |
| Sep 30, 2023 | -92.45% |
| Dec 31, 2022 | -969.27% |
| Sep 30, 2022 | -516.31% |
| Jun 30, 2022 | -324.61% |
| Mar 31, 2022 | -209.08% |
| Dec 31, 2021 | -169.55% |
| Sep 30, 2021 | -111.25% |
| Jun 30, 2021 | -86.56% |
| Mar 31, 2021 | -80.21% |
API Access
Norwegian Cruise Line Holdings Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=NCLH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=NCLH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();