profit from every $100 of sales.
$0$100
Norwegian Cruise Line Holdings
$18.82+1.67% today
+0.0% in 1 year
1-year low $14.121-year high $25.02
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $20.42 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Norwegian Cruise Line Holdings sold, what it kept, and what it did with the cash.
Sales went from $4.84 billion in 2022 to $9.83 billion in 2025, with $423 million of profit last year.
SalesProfit
Norwegian Cruise Line Holdings vs. similar companies
Norwegian Cruise Line Holdings grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Norwegian Cruise Line Holdings | 20.4× · Fair price | ||
 Booking Holdings | 22.0× · Fair price | ||
 Airbnb | 43.0× · Expensive | ||
 Royal Caribbean Cruises | 21.0× · Fair price | ||
 Carnival | 14.9× · Cheap |
AI analysis
An AI analyst reads Norwegian Cruise Line Holdings's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 1,280 | 648 | 4,844 | 8,550 | 9,480 | 9,828 | |
| -413 | -960 | 577 | 3,081 | 3,791 | 4,188 | |
| -3,484 | -2,552 | -1,552 | 931 | 1,466 | 1,561 | |
| – | – | -665 | 1,774 | 2,494 | 2,544 | |
| -4,013 | -4,507 | -2,270 | 166 | 910 | 423 | |
| -15.75 | -12.33 | -5.41 | 0.39 | 1.89 | 0.92 | |
| -32.3% | -148.2% | 11.9% | 36.0% | 40.0% | 42.6% | |
| -272.2% | -393.9% | -32.0% | 10.9% | 15.5% | 15.9% | |
| -313.5% | -695.5% | -46.9% | 1.9% | 9.6% | 4.3% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 18,399 | 18,730 | 18,558 | 19,493 | 19,970 | 22,541 |
| Cash | 3,300 | 1,507 | 947 | 402 | 191 | 210 |
| Total debt | 11,806 | 12,447 | 13,622 | 14,059 | 13,100 | 14,606 |
| Total liabilities | 14,045 | 16,297 | 18,489 | 19,192 | 18,544 | 20,332 |
| 4,354 | 2,433 | 69 | 301 | 1,425 | 2,210 | |
| 255 | 365 | 420 | 427 | 515 | 478 | |
| – | – | -8.5% | 4.9% | 8.3% | 6.5% | |
| -92.2% | -185.3% | -3,309.3% | 55.2% | 63.9% | 19.2% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| -2,556 | -2,468 | 210 | 2,006 | 2,050 | 2,090 | |
| 947 | 753 | 1,784 | 2,750 | 1,211 | 3,260 | |
| -3,503 | -3,221 | -1,574 | -745 | 839 | -1,170 | |
| Dividends paid | – | – | – | – | – | – |
| – | – | – | – | – | – | |
| 111 | 124 | 114 | 119 | 92 | 88 |
Valuation
- 20.4×
- 9.0×
- –
- 3.7×
- 0.9×
- –
- 9.1×
- -13.5%
- 4.9%
- 0.0%
Profitability
- 42.6%
- 15.9%
- 4.3%
- 23.7%
- 6.7%
- 2.9%
- 27.0%
- 2.4%
- 9.1%
- –
Growth
- +50.3%
- –
- −239.5%
- –
- +4.4%
Financial health
- 5.7×
- 6.61
- 63.7%
- 1.4×
- 0.21
- 0.18
- 0.42
How it ranks in Consumer Discretionary
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 41%of 978
Top 20%of 992
Bottom 46%of 854
Top 4%of 993
Bottom 4%of 979
What analysts expect
- Average price target
- $24.18
- Range
- $20.00 – $30.00
- 11 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 4, 2026 | 0.23 | 0.15 | +53.3% |
| Mar 2, 2026 | 0.28 | 0.26 | +5.8% |
| Nov 4, 2025 | 1.20 | 1.16 | +3.4% |
| Jul 31, 2025 | 0.51 | 0.52 | −1.9% |
| Apr 30, 2025 | 0.07 | 0.09 | −22.2% |
| Feb 27, 2025 | 0.26 | 0.10 | +160.0% |
| Oct 31, 2024 | 0.99 | 0.94 | +5.3% |
| Jul 31, 2024 | 0.40 | 0.35 | +14.3% |
News
Why Norwegian Cruise Line Stock Jumped TodayYahoo Finance · Oct 30, 2026Norwegian Cruise Lines lands strong reviews for the new water park on its private islandSeeking Alpha · Sep 10, 2026Norwegian Slides 3% as Rising Oil Undercuts Fuel-Cost Relief Hopes; Carnival and Royal Caribbean TrailYahoo Finance · Sep 9, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
22No pass
Benjamin Graham
17No pass
Philip Fisher
44No pass
Peter Lynch
53No pass
Joel Greenblatt
29No pass
Charlie Munger
17No pass
Terry Smith
20No pass
Questions about Norwegian Cruise Line Holdings
Is Norwegian Cruise Line Holdings a good stock to buy?
A business with weak numbers at a fair price. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Norwegian Cruise Line Holdings AI analysis
What does Norwegian Cruise Line Holdings do?
Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. It is in Travel Services, based in Miami, FL, United States, with 44,500 employees.
Does Norwegian Cruise Line Holdings pay a dividend?
No. Norwegian Cruise Line Holdings does not pay a dividend at the moment.
Is Norwegian Cruise Line Holdings stock halal?
No. Norwegian Cruise Line Holdings does not pass our halal screen: its debt is 169% of its market value, at or above the 33% limit. How we check
How has Norwegian Cruise Line Holdings stock done over the past year?
Up 0.0% over the past twelve months, to $18.82. It traded between $14.12 and $25.02 and is 24.8% below its high.
Who are Norwegian Cruise Line Holdings's competitors?
The largest listed companies in the same industry are Booking Holdings, Airbnb, Royal Caribbean Cruises and Carnival. The peers table on this page compares their profit, growth and price with Norwegian Cruise Line Holdings's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.