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

Norwegian Cruise Line Holdings Ltd. (NCLH) Revenue growth

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Norwegian Cruise Line Holdings Ltd.'s revenue growth over the twelve months to 30 June 2026 was 6.21%, up 2.5 percentage points from fiscal 2025 (3.67%). Over the past ten years it has ranged from −80.2% (fiscal 2020) to 647.5% (fiscal 2022); the current reading is higher than 27% of that period. That is below the Travel Services industry median of 12.9% and above the Consumer Cyclical sector median of 4.55%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 3.67% (7.20)
FY2024 10.9% (65.64)
FY2023 76.5% (571.00)
FY2022 647.5% 696.88
FY2021 −49.4% 30.82
FY2020 −80.2% (86.92)
FY2019 6.73% (5.48)
FY2018 12.2% 1.50
FY2017 10.7% (1.47)
FY2016 12.2% (26.82)

Quarterly newest first

Period Revenue growth Change (points)
Jun 2026 4.89% (4.68)
Mar 2026 9.57% 3.17
Dec 2025 6.40% 1.71
Sep 2025 4.69% (1.42)
42 more quarters

Against its own ten years

Low −80.2% High 647.5%
Ten-year median 10.9%
Current reading's percentile 27

Revenue growth against peers

Company Revenue growth
PRSU Pursuit Attractions and Hospitality, Inc. compare 26.4%
TCOM Trip.com Group Limited Sponsored ADR compare 22.0%
VIK Viking Holdings Ltd. compare 20.0%
LIND Lindblad Expeditions compare 18.3%
EXPE Expedia Group, Inc. compare 12.0%
MMYT MakeMyTrip Limited compare 6.86%
NCLH Norwegian Cruise Line Holdings Ltd. 6.21%
CCL Carnival Corporation compare 5.20%
TNL Travel + Leisure Co. compare 4.55%
Travel Services industry median 12.9%
Consumer Cyclical sector median 4.55%
Market median 7.41%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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