Norwegian Cruise Line Holdings Ltd. NCLH
14.61
0.42
2.96%
as of 25 Sep
- Market cap
- $6.6B
- P/E
- 8.7×
Follow NCLH
Indexes
indicate stock being part of an index,
Growth Flags
show if company had growth for consecutive years,
Insider Buys
alert about insiders buying in the last 12 month
Norwegian Cruise Line Holdings Ltd. (NCLH) Gross margin
Norwegian Cruise Line Holdings Ltd.'s gross margin over the twelve months to 30 June 2026 was 42.5%, down 0.2 percentage points from fiscal 2025 (42.6%). Over the past ten years it has ranged from −148.2% (fiscal 2021) to 44.2% (fiscal 2018); the current reading is higher than 73% of that period. That is below the Travel Services industry median of 67.6% and above the Consumer Cyclical sector median of 35.0%.
Gross margin, annual
Annual
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 42.6% | 2.63 |
| FY2024 | 40.0% | 3.95 |
| FY2023 | 36.0% | 24.13 |
| FY2022 | 11.9% | 160.07 |
| FY2021 | −148.2% | (115.88) |
| FY2020 | −32.3% | (75.59) |
| FY2019 | 43.3% | (0.92) |
| FY2018 | 44.2% | 1.00 |
| FY2017 | 43.2% | 1.70 |
| FY2016 | 41.5% | 2.64 |
Quarterly
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 39.9% | (0.98) |
| Mar 2026 | 40.9% | (0.14) |
| Dec 2025 | 41.0% | (6.05) |
| Sep 2025 | 47.1% | 4.95 |
| 42 more quarters | Free account |
Against its own ten years
Low −148.2%
High 44.2%
Ten-year median
40.0%
Current reading's percentile
73
Gross margin against peers
| Company | Gross margin |
|---|---|
| PRSU Pursuit Attractions and Hospitality, Inc. compare | 92.5% |
| EXPE Expedia Group, Inc. compare | 90.4% |
| TCOM Trip.com Group Limited Sponsored ADR compare | 80.1% |
| MMYT MakeMyTrip Limited compare | 76.8% |
| GBTG Global Business Travel Group, Inc. compare | 58.5% |
| LIND Lindblad Expeditions compare | 46.7% |
| TNL Travel + Leisure Co. compare | 45.1% |
| NCLH Norwegian Cruise Line Holdings Ltd. | 42.5% |
| CCL Carnival Corporation compare | 39.7% |
| Travel Services industry median | 67.6% |
| Consumer Cyclical sector median | 35.0% |
| Market median | 46.3% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on NCLH
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement