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    Norwegian Cruise Line Holdings Ltd (NCLH)

    Official site

    CONSUMER CYCLICAL • TRAVEL SERVICES • NYSE

    $15.40
    +0.53 (+3.56%)

    Market Cap: $7.07B

    Last updated: Oct 16, 2026 at 5:00 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    69%(27/39)
    Avg Surprise
    +6.45%
    Streak
    4 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.91
    Range$0.90 - $0.96
    12 analysts
    EPS RevisionsNo revisions (7d)
    9
    7
    30d
    EPS Estimate DriftChange to current
    90d ago$0.89+2.4%
    60d ago$0.90+1.7%
    30d ago$0.90+1.7%
    7d ago$0.90+1.6%
    Current$0.91
    Revenue Consensus
    $2.9B
    Range$2.8B - $2.9B
    19 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.09
    Range$0.05 - $0.15
    25 analysts
    Revenue Consensus
    $2.2B
    Range$2.1B - $2.4B
    22 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.09---
    Sep 26EST
    		-$0.91---
    Jun 26
    Reported Jul 30
    		$0.43$0.34+26.47%Beat-15.7%
    Mar 26
    Reported May 4
    		$0.23$0.14+64.29%Beat+228.6%
    Dec 25
    Reported Mar 2
    		$0.28$0.26+6.87%Beat+7.7%
    Sep 25
    Reported Nov 4
    		$1.20$1.16+3.45%Beat+21.2%
    Jun 25
    Reported Jul 31
    		$0.51$0.52-1.92%Miss+27.5%
    Mar 25
    Reported Apr 30
    		$0.07$0.09-22.22%Miss-56.3%
    Dec 24
    Reported Feb 27
    		$0.26$0.11+142.76%Beat+244.4%
    Sep 24
    Reported Oct 31
    		$0.99$0.94+5.32%Beat+30.3%
    Jun 24
    Reported Jul 31
    		$0.40$0.34+17.65%Beat+33.3%
    Mar 24
    Reported May 1
    		$0.16$0.09+77.78%Beat+153.3%
    Dec 23
    Reported Feb 27
    		$-0.18$-0.14-28.57%Miss+82.7%
    Sep 23
    Reported Nov 1
    		$0.76$0.68+11.76%Beat+218.8%
    Jun 23
    Reported Aug 1
    		$0.30$0.26+15.38%Beat+126.3%
    Mar 23
    Reported May 1
    		$-0.30$-0.43+30.23%Beat+83.5%
    Dec 22
    Reported Feb 28
    		$-1.04$-0.85-22.35%Miss+46.7%
    Sep 22
    Reported Nov 8
    		$-0.64$-0.69+7.25%Beat+70.5%
    Jun 22
    Reported Aug 9
    		$-1.14$-0.83-37.35%Miss+40.9%
    Mar 22
    Reported May 10
    		$-1.82$-1.41-29.08%Miss+10.3%
    Dec 21
    Reported Feb 24
    		$-1.95$-1.60-21.88%Miss+16.3%
    Sep 21
    Reported Nov 3
    		$-2.17$-2.00-8.50%Miss+7.7%
    Jun 21
    Reported Aug 6
    		$-1.93$-2.00+3.50%Beat+30.6%
    Mar 21
    Reported May 6
    		$-2.03$-2.06+1.46%Beat-105.1%
    Dec 20
    Reported Feb 25
    		$-2.33$-2.17-7.37%Miss-419.2%
    Sep 20
    Reported Nov 9
    		$-2.35$-2.22-5.86%Miss-205.4%
    Jun 20
    Reported Aug 6
    		$-2.78$-2.28-21.93%Miss-313.8%
    Mar 20
    Reported May 14
    		$-0.99$-0.69-43.48%Miss-219.3%
    Dec 19
    Reported Feb 20
    		$0.73$0.70+4.29%Beat-14.1%
    Sep 19
    Reported Nov 7
    		$2.23$2.16+3.24%Beat-1.8%
    Jun 19
    Reported Aug 8
    		$1.30$1.27+2.36%Beat+7.4%
    Mar 19
    Reported May 9
    		$0.83$0.71+16.90%Beat+38.3%
    Dec 18
    Reported Feb 21
    		$0.85$0.80+6.25%Beat+25.0%
    Sep 18
    Reported Nov 8
    		$2.27$2.21+2.71%Beat+22.0%
    Jun 18
    Reported Aug 9
    		$1.21$1.03+17.48%Beat+18.6%
    Mar 18
    Reported May 2
    		$0.60$0.54+11.11%Beat+50.0%
    Dec 17
    Reported Feb 22
    		$0.68$0.64+6.25%Beat+21.4%
    Sep 17
    Reported Nov 9
    		$1.86$1.82+2.20%Beat-
    Jun 17
    Reported Aug 8
    		$1.02$0.97+5.15%Beat-
    Mar 17
    Reported May 10
    		$0.40$0.37+8.11%Beat-
    Dec 16
    Reported Feb 22
    		$0.56$0.55+1.82%Beat-

    Key Metrics

    Valuation
    P/E Ratio7.20EV/EBITDA7.73x
    Price/FCF-5.96xFCF Yield-16.76%
    Profitability
    Profit Margin7.49%Operating Margin14.00%
    ROE36.70%ROIC8.99%
    Financial Health
    Debt/Equity5.84xInterest Coverage1.93x
    Current Ratio0.20xQuick Ratio0.17x
    Trading Statistics
    Beta1.96Avg Volume21.33M
    52-Week High$25.1352-Week Low$13.63

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$15.26
    SMA 20$14.83
    SMA 50$15.95
    SMA 200$19.11
    EMA 10$15.17
    EMA 20$15.14
    EMA 50$15.93
    EMA 200$18.30

    MACD

    Line: -0.10Signal: -0.26Hist: 0.15

    ADX

    ADX: 17.0+DI: 22.7-DI: 22.1

    Aroon & PSAR

    Aroon Up72.0
    Aroon Down36.0
    PSAR$14.27

    Bollinger Bands

    Upper Band$15.84
    Lower Band$13.81
    %B Position1366%(Upper)
    Band Width0.78

    RSI (14-Day)

    Neutral
    51.7

    Momentum Oscillators

    Stoch %K67.0
    Stoch %D72.8
    Williams %R-21.6
    ROC (10d)5.2%
    Momentum0.76
    CCI (20d)60.8
    MFI (14d)57.8

    Volatility Measures

    ATR (14d)$0.60(3.9%)
    StdDev (20d)0.51
    Hist Vol36.7%(Moderate)

    Volume Flow

    VWAP$15.19
    OBV-356.5M
    AD Line-481.6M
    CMF (20d)-0.069

    Volume Metrics

    Avg Vol (20d)21.8M
    Vol Ratio0.9x
    VWMA (20d)$14.81

    Pivot Points

    R3$15.71
    R2$15.50
    R1$15.18
    Pivot Point$14.97
    S1$14.66
    S2$14.45
    S3$14.13

    Advanced Oscillators

    TSI-5.24
    Ultimate Osc55.5
    KST-21.57

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$2.64B$2.33B$2.24B$2.94B$2.52B$2.13B$2.11B$2.81B$2.37B$2.19B$1.99B$2.54B
    Cost of Revenue$1.59B$1.38B$1.32B$1.55B$1.46B$1.30B$1.31B$1.54B$1.45B$1.39B$1.32B$1.48B
    Gross Profit$1.05B$953.34M$920.88M$1.38B$1.06B$823.62M$801.79M$1.27B$917.74M$803.79M$664.64M$1.05B
    Operating Expenses$690.41M$720.40M$734.24M$633.83M$636.81M$622.67M$587.05M$576.43M$576.18M$585.40M$540.31M$529.97M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$419.20M$459.68M$381.37M$383.00M$393.05M$391.38M$360.57M$358.00M$353.77M$362.47M$328.26M$325.37M
    Operating Income$363.33M$232.94M$186.64M$749.45M$423.84M$200.94M$214.74M$691.21M$341.56M$218.39M$124.33M$523.32M
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$170.89M$165.99M$170.04M$328.82M$236.78M$217.87M$175.36M$175.22M$178.47M$218.18M$197.38M$181.20M
    Income Before Tax$225.96M$107.66M$5.89M$433.64M$30.63M$-41,435,000$107.72M$481.85M$164.99M$18.35M$-108,317,000$354.18M
    Income Tax Expense$3.40M$2.99M$-8,363,000$14.34M$637,000$-1,140,000$-146,816,000$6.92M$1.55M$1.00M$-1,832,000$8.31M
    Net Income$222.55M$104.67M$14.25M$419.30M$29.99M$-40,295,000$254.54M$474.93M$163.44M$17.35M$-106,485,000$345.87M
    EBITDA$690.89M$555.03M$550.27M$1.04B$531.85M$426.97M$529.71M$895.91M$586.39M$481.62M$322.34M$760.05M
    EBIT$396.84M$273.65M$175.93M$762.45M$267.41M$176.44M$283.08M$657.06M$343.46M$236.53M$89.06M$535.38M
    * Some calculated fields are derived from available data when not provided by source

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    News

    Norwegian Cruise Line Holdings (NCLH) Dropped, What Is Behind The Fresh Attention?

    Norwegian Cruise Line Holdings (NCLH) stock has recently dropped after receiving a "Strong Sell" rating from Zacks and facing lower earnings estimates...

    Simply Wall Street•10/16/26•Somewhat-Bearish

    Norwegian Cruise Line Holdings (NCLH) Dropped, What Is Behind The Fresh Attention?

    Norwegian Cruise Line Holdings (NCLH) has recently received a Zacks Rank 5 Strong Sell rating and faces lower earnings estimates, contributing to a significant drop in its share price over the past day, week...

    Simply Wall Street•10/16/26•Somewhat-Bearish

    Norwegian Cruise Line Holdings Ltd. stock underperforms Friday when compared to competitors

    Norwegian Cruise Line Holdings Ltd. (NCLH) stock fell by 2.21% on Friday, closing at $15.05, significantly underperforming the broader market. The S&P 500 Index and Dow Jones Industrial Average also experienced declines...

    MarketWatch•10/16/26•Bearish

    How Is Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Progressing in Its Turnaround?

    Norwegian Cruise Line Holdings (NYSE:NCLH) recently reported quarterly results that exceeded guidance, despite pricing pressures leading to a decline in Net Yield. The company is in the early stages of a turnaround...

    Kalkine Media•10/16/26•Neutral

    Norwegian Cruise Line Holdings Ltd. stock outperforms competitors on strong trading day

    Shares of Norwegian Cruise Line Holdings Ltd. (NCLH) rose 3.50% to $15.39 on Thursday, outperforming the broader market. This gain snapped a three-day losing streak for the stock...

    MarketWatch•10/15/26•Bullish

    NCLH Valuation and Fair Value

    P/E
    7.2x
    Forward P/E
    8.5x
    EV/EBITDA
    7.7x
    P/FCF
    -6.0x
    PEG
    1.2x
    P/B
    2.7x
    See GNG's fair value

    NCLH Profitability: Margins, ROIC and FCF

    Gross margin
    42.5%
    Operating margin
    14.0%
    Net margin
    7.5%
    ROIC
    9.0%
    ROE
    36.7%
    FCF margin
    -11.7%
    FCF yield
    -16.8%

    NCLH Competitors

    CompanyTicker
    CarMax IncKMX
    Dutch Bros IncBROS
    Etsy, Inc.ETSY
    ZEEKR Intelligent Technology Holding LimitedZK
    Light & Wonder IncLNW
    Rush Enterprises B IncRUSHB
    MGM Resorts InternationalMGM
    Global-E Online LtdGLBE

    Sector: Consumer Cyclical

    NCLH Analyst Ratings

    Consensus
    Hold
    Analysts
    27
    Strong Buy
    1
    Buy
    9
    Hold
    17
    Sell
    0
    Strong Sell
    0

    NCLH Bull Case vs Bear Case

    Bull case

    • NCLH beat EPS estimates in 75.0% of its last 8 reported quarters.

    Bear case

    • NCLH has a debt-to-equity ratio of 5.8x.

    NCLH Earnings: Beat Rate and Next Report

    Beat rate
    6 of 8 quarters (75.0%)
    Average surprise
    28.1%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.91
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    9 up, 7 down

    Frequently Asked Questions About NCLH

    Does NCLH pay dividends?

    Norwegian Cruise Line Holdings Ltd (NCLH) does not currently pay a regular dividend.

    What is NCLH's P/E ratio?

    Norwegian Cruise Line Holdings Ltd has a price-to-earnings (P/E) ratio of 7.20.

    What is NCLH's market cap?

    Norwegian Cruise Line Holdings Ltd (NCLH) has a market capitalization of $7.07B with a current stock price of $15.40.

    Related stocks

    Sector: Consumer Cyclical

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