Norwegian Cruise Line Holdings (NCLH) Selling, General & Administrative (2012 - 2026)
Norwegian Cruise Line Holdings (NCLH) reported Selling, General & Administrative of $419.2 million for Q2 2026, up 6.7% from $393.05 million a year earlier but down 8.8% from the prior quarter.
Norwegian Cruise Line Holdings (NCLH) Selling, General & Administrative (2012 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Norwegian Cruise Line Holdings' Selling, General & Administrative came in at $1.64 billion, up 9.3% year-over-year; for FY2025, it came in at $1.55 billion, up 7.9% from FY2024.
- Selling, General & Administrative has a five-year compound annual growth rate of 15.8% (FY2020 to FY2025).
- By year, Selling, General & Administrative came in at $1.43 billion in FY2024 (+6.9%), $1.34 billion in FY2023 (-2.7%), $1.38 billion in FY2022 (+54.7%) and $891.45 million in FY2021 (+19.6%).
- Five-year quarterly Selling, General & Administrative spans a low of $229.14 million in Q3 2021 and a high of $459.68 million in Q1 2026.
- Year over year, Selling, General & Administrative has now increased in each of the last ten quarters, with growth averaging 9.5% over the last eight quarters.
- The high point for year-over-year Selling, General & Administrative in five years was Q2 2022 (growth of 77.4%); the low point was Q3 2023 (a decline of 13.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $459.68 million (Q1 2026), $381.37 million (Q4 2025) and $383 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | SG&A (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.60 Bn | 91.65 Bn | 1.55 Bn | 220.00 Mn |
| 2 | Royal Caribbean Cruises | 74.32 Bn | 71.90 Bn | 2.29 Bn | 513.00 Mn |
| 3 | Hilton Worldwide Holdings | 72.10 Bn | 68.58 Bn | 3.08 Bn | 114.00 Mn |
| 4 | Viking Holdings | 36.31 Bn | 21.43 Bn | 996.62 Mn | -268.67 Mn |
| 5 | Carnival | 34.66 Bn | 27.87 Bn | - | 834.00 Mn |
| 6 | Intercontinental Hotels | 26.64 Bn | 22.19 Bn | - | - |
| 7 | Trip.com | 24.74 Bn | -20.81 Bn | 1.84 Bn | -933.00 Mn |
| 8 | Hyatt Hotels | 14.98 Bn | 12.46 Bn | 388.00 Mn | 180.00 Mn |
| 9 | H World | 12.83 Bn | 3.76 Bn | - | -102.00 Mn |
| 10 | Norwegian Cruise Line Holdings | 6.95 Bn | 6.17 Bn | 1.05 Bn | 419.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 419.20 Mn |
| Mar 31, 2026 | 459.68 Mn |
| Dec 31, 2025 | 381.37 Mn |
| Sep 30, 2025 | 383.00 Mn |
| Jun 30, 2025 | 393.05 Mn |
| Mar 31, 2025 | 391.38 Mn |
| Dec 31, 2024 | 360.57 Mn |
| Sep 30, 2024 | 358.00 Mn |
| Jun 30, 2024 | 353.77 Mn |
| Mar 31, 2024 | 362.47 Mn |
| Dec 31, 2023 | 328.26 Mn |
| Sep 30, 2023 | 325.37 Mn |
| Jun 30, 2023 | 352.22 Mn |
| Mar 31, 2023 | 336.01 Mn |
| Dec 31, 2022 | 378.53 Mn |
| Sep 30, 2022 | 375.29 Mn |
| Jun 30, 2022 | 329.08 Mn |
| Mar 31, 2022 | 296.21 Mn |
| Dec 31, 2021 | 273.63 Mn |
| Sep 30, 2021 | 229.14 Mn |
Norwegian Cruise Line Holdings Selling, General & Administrative 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=selling-general-and-administrative&ticker=NCLH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "selling-general-and-administrative", "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=selling-general-and-administrative&ticker=NCLH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();