Norwegian Cruise Line Holdings Ltd. (NCLH)

NCLH Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb 17, 2026	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	11,099	11,314	8,526	5,158	8,646	8,027
Market Cap Growth	-13.17%	32.70%	65.29%	-40.35%	7.72%	-35.41%
Enterprise Value	26,141	25,067	22,338	18,615	19,820	16,828
Last Close Price	21.49	25.73	20.04	12.24	20.74	25.43
PE Ratio	17.45	12.43	51.30	-	-	-
Forward PE	9.71	12.92	21.81	-	-	-
PS Ratio	0.99	1.19	1.00	1.07	13.34	6.27
PB Ratio	4.46	7.94	28.34	75.20	3.55	1.84
P/TBV Ratio	7.04	14.34	-	-	4.71	2.14
P/FCF Ratio	-	13.49	-	-	-	-
P/OCF Ratio	5.40	5.52	4.25	24.56	-	-
PEG Ratio	0.50	-	-	-	-	-
EV/Sales Ratio	2.70	2.64	2.61	3.84	30.59	13.15
EV/EBITDA Ratio	10.28	10.63	12.84	-	-	-
EV/EBIT Ratio	16.45	17.10	24.00	-	-	-
EV/FCF Ratio	-	29.88	-	-	-	-
Debt / Equity Ratio	7.00	9.76	48.96	207.74	5.41	2.76
Debt / EBITDA Ratio	5.65	5.56	7.93	-	-	-
Debt / FCF Ratio	-	16.59	-	-	-	-
Net Debt / Equity Ratio	6.92	9.63	47.62	193.94	4.69	2.00
Net Debt / EBITDA Ratio	5.97	5.82	8.23	-16.60	-6.17	-7.39
Net Debt / FCF Ratio	-14.66	16.36	-19.24	-8.45	-3.54	-2.49
Asset Turnover	0.46	0.48	0.45	0.26	0.04	0.07
Inventory Turnover	37.42	37.02	35.70	31.97	16.03	19.04
Quick Ratio	0.08	0.07	0.11	0.25	0.78	1.74
Current Ratio	0.20	0.18	0.22	0.37	0.89	1.86
Return on Equity (ROE)	39.87%	105.46%	89.97%	-181.50%	-132.81%	-73.83%
Return on Assets (ROA)	4.73%	4.64%	3.06%	-5.20%	-8.59%	-6.69%
Return on Invested Capital (ROIC)	9.53%	9.84%	6.65%	-11.41%	-18.97%	-14.23%
Return on Capital Employed (ROCE)	9.40%	10.30%	6.90%	-11.50%	-17.00%	-11.40%
Earnings Yield	6.05%	8.05%	1.95%	-44.01%	-52.12%	-49.99%
FCF Yield	-9.45%	7.41%	-8.73%	-30.51%	-37.25%	-43.64%
Buyback Yield / Dilution	-8.82%	-20.50%	-1.82%	-14.87%	-43.47%	-17.67%

Updated Nov 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q