Norwegian Cruise Line Holdings (NCLH) Total Liabilities (2012 - 2026)
Norwegian Cruise Line Holdings' Total Liabilities was $21.44 billion in Q2 2026, up 7.1% from $20.03 billion a year earlier and up 0.4% from the prior quarter.
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Analysis
Norwegian Cruise Line Holdings (NCLH) Total Liabilities (2012 - 2026) Analysis & Trends
At the end of FY2025, Total Liabilities at Norwegian Cruise Line Holdings came in at $20.33 billion, up 9.6% from FY2024.
- Total Liabilities shows a five-year compound annual growth rate of 7.7% (FY2020 to FY2025).
- In earlier years, Total Liabilities was $18.54 billion in FY2024 (-3.4%), $19.19 billion in FY2023 (+3.8%), $18.49 billion in FY2022 (+13.4%) and $16.3 billion in FY2021 (+16.0%).
- The Q2 2026 figure marks the highest quarterly Total Liabilities in data going back to Q4 2012.
- Compared with a year earlier, Total Liabilities has increased for six straight quarters, with growth averaging 4.1% over the last eight quarters.
- The best year-over-year quarter for Total Liabilities over five years was Q2 2022 (growth of 23.0%); the worst was Q4 2024 (a decline of 3.4%).
- Per Business Quant data, NCLH's Total Liabilities in the three quarters before Q2 2026 was $21.36 billion (Q1 2026), $20.33 billion (Q4 2025) and $20.02 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn | 32.61 Bn |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | 23.23 Bn |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | 34.18 Bn |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | 12.13 Bn |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | 39.24 Bn |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | 8.20 Bn |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | 14.45 Bn |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | 10.35 Bn |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | 7.25 Bn |
| 10 | Norwegian Cruise Line Holdings | 6.57 Bn | 5.79 Bn | 1.05 Bn | 21.44 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.44 Bn |
| Mar 31, 2026 | 21.36 Bn |
| Dec 31, 2025 | 20.33 Bn |
| Sep 30, 2025 | 20.02 Bn |
| Jun 30, 2025 | 20.03 Bn |
| Mar 31, 2025 | 19.94 Bn |
| Dec 31, 2024 | 18.54 Bn |
| Sep 30, 2024 | 18.65 Bn |
| Jun 30, 2024 | 19.42 Bn |
| Mar 31, 2024 | 19.46 Bn |
| Dec 31, 2023 | 19.19 Bn |
| Sep 30, 2023 | 18.81 Bn |
| Jun 30, 2023 | 18.63 Bn |
| Mar 31, 2023 | 18.45 Bn |
| Dec 31, 2022 | 18.49 Bn |
| Sep 30, 2022 | 18.55 Bn |
| Jun 30, 2022 | 18.21 Bn |
| Mar 31, 2022 | 17.75 Bn |
| Dec 31, 2021 | 16.30 Bn |
| Sep 30, 2021 | 15.85 Bn |
API Access
Norwegian Cruise Line Holdings Total Liabilities 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=total-liabilities&ticker=NCLH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-liabilities", "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=total-liabilities&ticker=NCLH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();