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Saturday 17 October 2026 Export NCLH’s income statement to Excel — free account

Norwegian Cruise Line Holdings Ltd.

NCLH Consumer Cyclical Travel Services

Norwegian Cruise Line Holdings Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $9.8 billion, up 3.67% from fiscal 2024. In the quarter to June 2026, revenue grew 4.89%, EPS grew 585.7%, free cash flow fell 62.0% and total debt rose 9.24%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for three consecutive years, operating cash flow growth for five; insiders bought in the last twelve months.

15.05 0.34 −2.21%
Market cap
$7.1B
P/E
9.0×
Fwd P/E
12.6×
Dividend yield
—
F-score
5/9
Altman Z
0.38
Beneish M
−2.59
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Norwegian Cruise Line Holdings Ltd. (NCLH) EV/Sales

Alert me on EV/Sales

As of 16 October 2026, Norwegian Cruise Line Holdings Ltd. (NCLH) trades at a EV/Sales of 2.1×. Over the past ten years it has ranged from 1.3× (March 2020) to 868× (July 2021); the current reading is higher than 4% of that period. That is below the Travel Services industry median of 3.1× and above the Consumer Cyclical sector median of 1.0×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 2.5× (2.35%)
FY2024 2.5× 1.46%
FY2023 2.5× (31.22%)
FY2022 3.6× (87.08%)
FY2021 28.2× 140.97%
FY2020 11.7× 296.03%
FY2019 3.0× 13.42%
FY2018 2.6× (24.65%)
FY2017 3.5× 5.45%
FY2016 3.3× (27.13%)

Quarterly newest first

Period EV/Sales Change
Jun 2026 2.4× 2.99%
Mar 2026 2.3× (5.64%)
Dec 2025 2.5× (5.46%)
Sep 2025 2.6× 10.96%
42 more quarters

Against its own ten years

Low 1.3× High 868×
Ten-year median 3.2×
Current reading's percentile 4

EV/Sales against peers

Company EV/Sales
TCOM Trip.com Group Limited Sponsored ADR compare 1.8×
EXPE Expedia Group, Inc. compare 2.1×
CCL Carnival Corporation compare 2.1×
NCLH Norwegian Cruise Line Holdings Ltd. 2.1×
TNL Travel + Leisure Co. compare 2.7×
PRSU Pursuit Attractions and Hospitality, Inc. compare 3.6×
LIND Lindblad Expeditions compare 3.6×
MMYT MakeMyTrip Limited compare 4.9×
VIK Viking Holdings Ltd. compare 5.7×
Travel Services industry median 3.1×
Consumer Cyclical sector median 1.0×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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