Norwegian Cruise Line Holdings (NCLH) Total Non-Current Liabilities (2012 - 2026)
Norwegian Cruise Line Holdings' Total Non-Current Liabilities came in at $20.21 billion for Q2 2026, up 6.3% from $19.02 billion a year earlier and up 0.1% from the prior quarter.
Norwegian Cruise Line Holdings (NCLH) Total Non-Current Liabilities (2012 - 2026) Analysis & Trends
At the end of FY2025, Norwegian Cruise Line Holdings' Total Non-Current Liabilities was $19.18 billion, up 9.3% from FY2024.
- Total Non-Current Liabilities carries a five-year compound annual growth rate of 7.1% (FY2020 to FY2025).
- Going back by year, Total Non-Current Liabilities was $17.56 billion in FY2024 (-4.3%), $18.35 billion in FY2023 (+3.8%), $17.69 billion in FY2022 (+15.6%) and $15.3 billion in FY2021 (+12.5%).
- The Q2 2026 figure represents the highest quarterly Total Non-Current Liabilities in data going back to Q4 2012.
- Year-over-year, Total Non-Current Liabilities has increased for six consecutive quarters, with growth averaging 3.4% over the last eight quarters.
- The fastest year-over-year change in Total Non-Current Liabilities over five years came in Q2 2022 (growth of 22.5%), and the weakest in Q4 2024 (a decline of 4.3%).
- Business Quant data shows NCLH's Total Non-Current Liabilities at $20.2 billion (Q1 2026), $19.18 billion (Q4 2025) and $18.99 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 92.75 Bn | 90.79 Bn | 1.55 Bn | 31.37 Bn |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn | 22.23 Bn |
| 3 | Royal Caribbean Cruises | 71.17 Bn | 68.75 Bn | 2.29 Bn | 33.53 Bn |
| 4 | Viking Holdings | 35.31 Bn | 20.44 Bn | 996.62 Mn | 6.04 Bn |
| 5 | Carnival | 33.05 Bn | 26.25 Bn | - | 35.43 Bn |
| 6 | Intercontinental Hotels | 26.49 Bn | 22.05 Bn | - | -5.38 Bn |
| 7 | Trip.com | 25.40 Bn | -20.15 Bn | 1.84 Bn | 14.38 Bn |
| 8 | Hyatt Hotels | 14.95 Bn | 12.43 Bn | 388.00 Mn | 8.30 Bn |
| 9 | H World | 13.15 Bn | 4.07 Bn | - | 6.95 Bn |
| 10 | Norwegian Cruise Line Holdings | 6.73 Bn | 5.95 Bn | 1.05 Bn | 20.21 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.21 Bn |
| Mar 31, 2026 | 20.20 Bn |
| Dec 31, 2025 | 19.18 Bn |
| Sep 30, 2025 | 18.99 Bn |
| Jun 30, 2025 | 19.02 Bn |
| Mar 31, 2025 | 18.97 Bn |
| Dec 31, 2024 | 17.56 Bn |
| Sep 30, 2024 | 17.79 Bn |
| Jun 30, 2024 | 18.55 Bn |
| Mar 31, 2024 | 18.60 Bn |
| Dec 31, 2023 | 18.35 Bn |
| Sep 30, 2023 | 18.04 Bn |
| Jun 30, 2023 | 17.81 Bn |
| Mar 31, 2023 | 17.62 Bn |
| Dec 31, 2022 | 17.69 Bn |
| Sep 30, 2022 | 17.56 Bn |
| Jun 30, 2022 | 17.27 Bn |
| Mar 31, 2022 | 16.74 Bn |
| Dec 31, 2021 | 15.30 Bn |
| Sep 30, 2021 | 14.80 Bn |
Norwegian Cruise Line Holdings Total Non-Current 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-non-current-liabilities&ticker=NCLH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-non-current-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-non-current-liabilities&ticker=NCLH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();