Norwegian Cruise Line Holdings (NCLH) Tax Rate (2012 - 2026)
Norwegian Cruise Line Holdings' (NCLH) quarterly Tax Rate came in at 1.51% in Q2 2026, down 57.0% year-over-year from 3.5% in Q2 2025, and down 45.81% quarter-over-quarter from 2.78% in Q1 2026.
Analysis
Norwegian Cruise Line Holdings (NCLH) Tax Rate (2012 - 2026) Analysis & Trends
Norwegian Cruise Line Holdings has disclosed Tax Rate across 15 years of filings, most recently posting 1.51% for Q2 2026.
- In Q2 2026, Tax Rate fell 57.0% year-over-year to 1.51%; the TTM figure through Jun 2026 stood at 9.21% (up 3347.0% YoY), while the FY2025 annual figure was 15.0%, up 3277.0% from the prior year.
- Tax Rate came in at 1.51% for Q2 2026 at Norwegian Cruise Line Holdings, down from 2.78% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 856.73% in Q4 2025 to a low of 136.29% in Q4 2024.
- Average Tax Rate over 5 years is 69.08%, with a median of 2.21% recorded in 2025.
- Year-over-year, Tax Rate tumbled 62672 bps in 2024 and jumped 99302 bps in 2025.
- Over 5 years, Tax Rate stood at 0.08% in 2022, then jumped by 614212 bps to 490.43% in 2023, then plunged by 128 bps to 136.29% in 2024, then surged by 729 bps to 856.73% in 2025, then plunged by 100 bps to 1.51% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 1.51% in Q2 2026, 2.78% in Q1 2026, and 856.73% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Royal Caribbean Cruises | 71.23 Bn | 70.31 Bn | 2.29 Bn | 1.22% |
| 2 | Viking Holdings | 38.98 Bn | 34.99 Bn | 996.62 Mn | -1.14% |
| 3 | Carnival | 32.12 Bn | 29.88 Bn | - | 3.06% |
| 4 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.86 Bn | 1.05 Bn | 1.51% |
| 5 | Lindblad Expeditions Holdings | 1.73 Bn | 1.37 Bn | 96.64 Mn | 131.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.51% |
| Mar 31, 2026 | 2.78% |
| Dec 31, 2025 | 856.73% |
| Sep 30, 2025 | 3.31% |
| Jun 30, 2025 | 2.08% |
| Mar 31, 2025 | 2.75% |
| Dec 31, 2024 | -136.29% |
| Sep 30, 2024 | 1.44% |
| Jun 30, 2024 | 0.94% |
| Mar 31, 2024 | 5.45% |
| Dec 31, 2023 | 490.43% |
| Sep 30, 2023 | 2.35% |
| Jun 30, 2023 | 0.80% |
| Mar 31, 2023 | 6.00% |
| Dec 31, 2022 | -0.08% |
| Sep 30, 2022 | 3.50% |
| Jun 30, 2022 | 0.17% |
| Mar 31, 2022 | -0.45% |
| Dec 31, 2021 | -0.15% |
| Sep 30, 2021 | -0.03% |