Norwegian Cruise Line Holdings Ltd. (NCLH)
NYSE: NCLH · Real-Time Price · USD
18.90
+0.20 (1.07%)
Aug 12, 2026, 12:56 PM EDT - Market open
NCLH Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 327.22 | 423.25 | 910.26 | 166.18 | -2,270 | -4,507 |
Depreciation & Amortization | 575.44 | 1,162 | 973.51 | 883.24 | 810.05 | 758.6 |
Stock-Based Compensation | 46.1 | 88.39 | 91.78 | 118.94 | 113.56 | 124.08 |
Other Adjustments | 94.93 | 411.5 | -151.17 | 27.99 | 197.93 | 1,360 |
Change in Receivables | -17.46 | -73.77 | 49.3 | 39.65 | 828.66 | -1,160 |
Changes in Inventories | -4.41 | 11.02 | 6.95 | -11.04 | -33.61 | -37.48 |
Changes in Accounts Payable | 36.8 | -1.52 | -20.21 | -50.98 | -16.2 | 152.03 |
Changes in Accrued Expenses | 60.52 | -15.33 | 65.35 | -82.2 | 252.84 | 292.84 |
Changes in Unearned Revenue | -159.84 | 66.3 | 35.68 | 503.68 | 928.95 | 521.91 |
Changes in Other Operating Activities | 23.76 | 17.8 | 88.37 | 410.27 | -602.26 | 26.69 |
Operating Cash Flow | 2,110 | 2,090 | 2,050 | 2,006 | 210.02 | -2,468 |
Operating Cash Flow Growth | 7.32% | 1.95% | 2.20% | 855.01% | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -3,295 | -3,260 | -1,211 | -2,750 | -1,784 | -752.84 |
Purchases of Investments | - | - | - | - | - | -1,010 |
Proceeds from Sale of Investments | - | - | - | - | 240 | 770 |
Cash Acquisitions | - | - | -27.32 | - | - | - |
Other Investing Activities | 1.77 | -5.09 | 8.89 | -146.78 | -212.05 | -11.2 |
Investing Cash Flow | -3,295 | -3,265 | -1,229 | -2,897 | -1,756 | -1,004 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | 7,041 | 9,738 | 1,299 | 4,323 | 3,003 | 2,601 |
Long-Term Debt Repaid | -5,519 | -8,173 | -2,169 | -3,758 | -1,770 | -2,113 |
Net Long-Term Debt Issued (Repaid) | 1,521 | 1,565 | -870.45 | 564.71 | 1,233 | 488.25 |
Issuance of Common Stock | 80.96 | 144.96 | - | 5.31 | 5.27 | 2,669 |
Repurchase of Common Stock | -30.14 | -23.83 | -25.33 | -26.86 | -20.99 | -16.69 |
Net Common Stock Issued (Repurchased) | 50.82 | 121.13 | -25.33 | -21.55 | -15.72 | 2,652 |
Other Financing Activities | -352.72 | -491.99 | -136.31 | -196.3 | -230.89 | -1,462 |
Financing Cash Flow | 1,220 | 1,194 | -1,032 | 346.86 | 986.22 | 1,678 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | 34.09 | 19.13 | -211.65 | -544.57 | -559.66 | -1,794 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -1,185 | -1,170 | 838.87 | -744.65 | -1,574 | -3,221 |
Free Cash Flow Growth | - | - | - | - | - | - |
FCF Margin | -11.67% | -11.90% | 8.85% | -8.71% | -32.49% | -497.06% |
Free Cash Flow Per Share | -2.51 | -2.45 | 1.63 | -1.74 | -3.75 | -8.81 |
Levered Free Cash Flow | -61.28 | -31.05 | -21.49 | -366.52 | -1,481 | -3,057 |
Unlevered Free Cash Flow | -1,255 | -478.3 | 1,665 | -149.36 | -1,991 | -1,594 |