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.
- Revenue
- +4.89%
- EPS
- +585.7%
- Free cash flow
- −62.0%
- Total debt
- +9.24%
Quarter to June 2026, against a year earlier
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Norwegian Cruise Line Holdings Ltd. (NCLH) Total debt
Norwegian Cruise Line Holdings Ltd.'s total debt at the end of fiscal 2025 was $14.6B, up 11.5% from $13.1B in fiscal 2024. At the end of the quarter to 30 June 2026 it was $15.0B. Over the past ten years it has ranged from $6.3B (fiscal 2017) to $14.6B (fiscal 2025) — the current reading is the highest in ten years. Norwegian Cruise Line Holdings Ltd. ranks 4th of 16 Travel Services companies by total debt.
Total debt, annual
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Annual newest first
| Period | Total debt | Change |
|---|---|---|
| FY2025 | $14.6B | 11.49% |
| FY2024 | $13.1B | (6.82%) |
| FY2023 | $14.1B | 3.21% |
| FY2022 | $13.6B | 9.44% |
| FY2021 | $12.4B | 5.42% |
| FY2020 | $11.8B | 73.58% |
| FY2019 | $6.8B | 4.77% |
| FY2018 | $6.5B | 2.92% |
| FY2017 | $6.3B | (1.42%) |
| FY2016 | $6.4B | 0.02% |
Quarterly newest first
| Period | Total debt | Change |
|---|---|---|
| Jun 2026 | $15.0B | (0.79%) |
| Mar 2026 | $15.2B | 3.76% |
| Dec 2025 | $14.6B | 0.58% |
| Sep 2025 | $14.5B | 5.51% |
| 42 more quarters | Free account |
Against its own ten years
Total debt against peers
| Company | Total debt |
|---|---|
| CCL Carnival Corporation compare | $23.9B |
| NCLH Norwegian Cruise Line Holdings Ltd. | $15.0B |
| VIK Viking Holdings Ltd. compare | $6.2B |
| TNL Travel + Leisure Co. compare | $5.7B |
| EXPE Expedia Group, Inc. compare | $5.5B |
| TCOM Trip.com Group Limited Sponsored ADR compare | $3.9B |
| MMYT MakeMyTrip Limited compare | $1.4B |
| LIND Lindblad Expeditions compare | $1.1B |
| PRSU Pursuit Attractions and Hospitality, Inc. compare | $234.1M |
What Total debt is
Total Debt tells an investor how much a company has borrowed in all, whether the money is due within a year or later.
Long Term Debt (Total) + Current Part of Debt
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