Norwegian Cruise Line Holdings (NCLH) Total Debt (2012 - 2026)
Norwegian Cruise Line Holdings' (NCLH) quarterly Total Debt came in at $15.0 billion in Q2 2026, up 9.24% year-over-year from $13.8 billion in Q2 2025, and down 0.79% quarter-over-quarter from $15.2 billion in Q1 2026.
Analysis
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 $15.0 billion for Q2 2026.
- In Q2 2026, Total Debt rose 9.24% year-over-year to $15.0 billion; the TTM figure through Jun 2026 stood at $15.0 billion (up 9.24% YoY), while the FY2025 annual figure was $14.6 billion, up 11.49% from the prior year.
- Total Debt came in at $15.0 billion for Q2 2026 at Norwegian Cruise Line Holdings, down from $15.2 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.
- Average Total Debt over 5 years is $13.8 billion, with a median of $13.8 billion recorded in 2024.
- Year-over-year, Total Debt climbed 12.07% in 2022 and decreased 6.82% in 2024.
- Over 5 years, 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 rose by 2.93% to $15.0 billion in 2026.
- Per Business Quant data, the three most recent Total Debt figures were $15.0 billion in Q2 2026, $15.2 billion in Q1 2026, and $14.6 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Royal Caribbean Cruises | 71.23 Bn | 70.31 Bn | 2.29 Bn | 22.85 Bn |
| 2 | Viking Holdings | 38.98 Bn | 34.99 Bn | 996.62 Mn | 5.94 Bn |
| 3 | Carnival | 32.12 Bn | 29.88 Bn | - | 27.04 Bn |
| 4 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.86 Bn | 1.05 Bn | 15.03 Bn |
| 5 | Lindblad Expeditions Holdings | 1.73 Bn | 1.37 Bn | 96.64 Mn | 663.87 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.03 Bn |
| 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 |