Norwegian Cruise Line Holdings (NCLH) Total Debt (2012 - 2026)

Norwegian Cruise Line Holdings' (NCLH) quarterly Total Debt came in at $15.2 billion in Q1 2026, up 8.3% year-on-year from $14.0 billion in Q1 2025, and up 3.76% quarter-over-quarter from $14.6 billion in Q4 2025.

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

Norwegian Cruise Line Holdings has disclosed Total Debt across 15 years of filings, most recently posting $15.2 billion for Q1 2026.

  • Total Debt for Q1 2026 came in at $15.2 billion, up 8.3% year-over-year; the trailing twelve-month figure through Mar 2026 was $15.2 billion (up 8.3% YoY), and the FY2025 annual result was $14.6 billion, up 11.49% from the prior year.
  • Total Debt came in at $15.2 billion for Q1 2026 at Norwegian Cruise Line Holdings, up from $14.6 billion in the prior quarter.
  • In the past five years, Total Debt ranged from a high of $15.2 billion in Q1 2026 to a low of $13.1 billion in Q4 2024.
  • The 5-year median for Total Debt is $13.7 billion (2024), against an average of $13.8 billion.
  • Across the five-year window, Total Debt advanced 12.07% in 2022 and retreated 6.82% in 2024, its largest moves.
  • Norwegian Cruise Line Holdings' Total Debt stood at $13.6 billion in 2022, then climbed by 3.21% to $14.1 billion in 2023, then slipped by 6.82% to $13.1 billion in 2024, then grew by 11.49% to $14.6 billion in 2025, then grew by 3.76% to $15.2 billion in 2026.
  • The last three Total Debt figures came in at $15.2 billion (Q1 2026), $14.6 billion (Q4 2025), and $14.5 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 18.41 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 19.68 Bn
4 Carnival 37.80 Bn 36.39 Bn - 25.29 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 15.15 Bn
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 1.52 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 4.34 Bn
10 MakeMyTrip 2.12 Bn 1.35 Bn - 1.40 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 15.15 Bn
Dec 31, 2025 14.61 Bn
Sep 30, 2025 14.52 Bn
Jun 30, 2025 13.76 Bn
Mar 31, 2025 13.99 Bn
Dec 31, 2024 13.10 Bn
Sep 30, 2024 13.41 Bn
Jun 30, 2024 13.44 Bn
Mar 31, 2024 13.75 Bn
Dec 31, 2023 14.06 Bn
Sep 30, 2023 13.87 Bn
Jun 30, 2023 13.12 Bn
Mar 31, 2023 13.13 Bn
Dec 31, 2022 13.62 Bn
Sep 30, 2022 13.91 Bn
Jun 30, 2022 13.24 Bn
Mar 31, 2022 13.57 Bn
Dec 31, 2021 12.45 Bn
Sep 30, 2021 12.41 Bn
Jun 30, 2021 12.29 Bn