Norwegian Cruise Line Holdings (NCLH) Financial Statements
Price: $16.68
Market Cap: $7.39B
Avg Volume: 13.28M
Market Cap: $7.39B
Avg Volume: 13.28M
Country: US
Industry: Travel Services
Sector: Consumer Cyclical
Industry: Travel Services
Sector: Consumer Cyclical
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Norwegian Cruise Line Holdings.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.48B | $8.55B | $4.84B | $647.99M | $1.28B | $6.46B | $6.06B | $5.40B | $4.87B | $4.35B |
| Cost of Revenue | $5.69B | $5.47B | $4.27B | $1.61B | $1.69B | $3.66B | $3.38B | $3.06B | $2.85B | $2.66B |
| Gross Profit | $3.79B | $3.08B | $576.67M | $-960.05M | $-413.15M | $2.80B | $2.68B | $2.33B | $2.02B | $1.69B |
| Gross Profit Ratio | 39.99% | 36.04% | 11.91% | -148.16% | -32.28% | 43.31% | 44.23% | 43.23% | 41.53% | 38.89% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $974.85M | $897.93M | $773.75M | $666.16M | $555.00M |
| Selling General and Administrative Expenses | $1.43B | $1.34B | $1.38B | $891.45M | $745.35M | $974.85M | $897.93M | $773.75M | $666.16M | $555.00M |
| Other Expenses | $890.24M | $- | $749.33M | $700.85M | $717.84M | $646.19M | $20.65M | $-10.40M | $-8.30M | $-46.67M |
| Operating Expenses | $2.33B | $1.34B | $2.13B | $1.59B | $1.46B | $1.62B | $1.46B | $1.28B | $1.10B | $987.11M |
| Cost and Expenses | $8.01B | $7.62B | $6.40B | $3.20B | $3.16B | $5.28B | $4.84B | $4.35B | $3.95B | $3.64B |
| Interest Income | $- | $- | $608.14M | $644.11M | $454.51M | $256.19M | $- | $- | $- | $- |
| Interest Expense | $747.22M | $727.53M | $801.51M | $2.07B | $482.31M | $272.87M | $270.40M | $267.80M | $276.86M | $221.91M |
| Depreciation and Amortization | $973.51M | $870.42M | $803.00M | $753.54M | $734.69M | $644.04M | $563.51M | $525.56M | $449.22M | $450.33M |
| EBITDA | $2.49B | $1.75B | $-729.94M | $-1.79B | $-2.80B | $1.81B | $1.80B | $1.57B | $1.37B | $1.11B |
| EBITDA Ratio | 26.31% | 20.50% | -15.07% | -276.88% | -218.78% | 28.05% | 29.77% | 29.04% | 28.11% | 25.46% |
| Operating Income | $1.47B | $930.91M | $-1.55B | $-2.55B | $-3.48B | $1.18B | $1.22B | $1.05B | $925.46M | $702.49M |
| Operating Income Ratio | 15.46% | 10.89% | -32.04% | -393.89% | -272.22% | 18.23% | 20.13% | 19.44% | 18.99% | 16.17% |
| Total Other Income Expenses Net | $-693.00M | $-767.74M | $-724.95M | $-1.95B | $-515.91M | $-266.71M | $-249.75M | $-278.20M | $-285.16M | $-268.58M |
| Income Before Tax | $772.91M | $163.18M | $-2.28B | $-4.50B | $-4.00B | $911.37M | $969.31M | $770.61M | $640.30M | $433.91M |
| Income Before Tax Ratio | 8.15% | 1.91% | -47.00% | -694.66% | -312.53% | 14.10% | 16.01% | 14.28% | 13.14% | 9.99% |
| Income Tax Expense | $-137.35M | $3.00M | $-6.79M | $5.27M | $12.47M | $-18.86M | $14.47M | $10.74M | $7.22M | $6.77M |
| Net Income | $910.26M | $166.18M | $-2.27B | $-4.51B | $-4.01B | $930.23M | $954.84M | $759.87M | $633.09M | $427.14M |
| Net Income Ratio | 9.60% | 1.94% | -46.86% | -695.48% | -313.50% | 14.39% | 15.77% | 14.08% | 12.99% | 9.83% |
| EPS | $2.09 | $0.39 | $-5.41 | $-12.33 | $-15.75 | $4.33 | $4.28 | $3.33 | $2.79 | $1.89 |
| EPS Diluted | $1.77 | $0.39 | $-5.41 | $-12.33 | $-15.75 | $4.30 | $4.25 | $3.31 | $2.78 | $1.86 |
| Weighted Average Shares Outstanding | 435.28M | 424.42M | 419.77M | 365.45M | 254.73M | 214.93M | 223.00M | 229.42M | 227.73M | 229.64M |
| Weighted Average Shares Outstanding Diluted | 515.03M | 427.40M | 419.77M | 365.45M | 254.73M | 216.48M | 224.42M | 229.57M | 227.85M | 230.04M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $190.76M | $402.42M | $946.99M | $1.51B | $3.30B | $252.88M | $163.85M | $176.19M | $128.35M | $115.94M |
| Short Term Investments | $- | $- | $- | $240.00M | $- | $- | $519.00K | $- | $- | $- |
| Cash and Short Term Investments | $190.76M | $402.42M | $946.99M | $1.75B | $3.30B | $252.88M | $163.85M | $176.19M | $128.35M | $115.94M |
| Net Receivables | $221.41M | $280.27M | $326.27M | $1.17B | $20.58M | $75.11M | $55.25M | $43.96M | $63.22M | $45.00M |
| Inventory | $149.72M | $157.65M | $148.72M | $118.20M | $82.38M | $95.43M | $90.20M | $82.12M | $66.25M | $58.17M |
| Other Current Assets | $448.21M | $472.82M | $450.89M | $269.24M | $154.10M | $306.73M | $241.01M | $216.06M | $153.28M | $121.31M |
| Total Current Assets | $1.01B | $1.31B | $1.87B | $3.30B | $3.56B | $730.14M | $550.31M | $518.34M | $411.09M | $340.41M |
| Property Plant Equipment Net | $16.81B | $17.19B | $14.52B | $13.53B | $13.41B | $13.14B | $12.12B | $11.04B | $10.12B | $9.46B |
| Goodwill | $135.76M | $98.13M | $98.13M | $98.13M | $98.13M | $1.39B | $1.39B | $1.39B | $1.39B | $1.39B |
| Intangible Assets | $- | $500.52M | $500.52M | $500.52M | $500.52M | $817.52M | $817.52M | $817.52M | $817.52M | $817.52M |
| Goodwill and Intangible Assets | $135.76M | $598.66M | $598.66M | $598.66M | $598.66M | $2.21B | $2.21B | $2.21B | $2.21B | $2.21B |
| Long Term Investments | $- | $- | $3.87M | $23.03M | $43.25M | $- | $27.00K | $- | $- | $- |
| Tax Assets | $- | $- | $-3.87M | $-23.03M | $-43.25M | $- | $-27.00K | $- | $- | $- |
| Other Non-Current Assets | $2.01B | $394.24M | $1.57B | $1.30B | $831.89M | $612.66M | $329.95M | $329.59M | $238.67M | $259.08M |
| Total Non-Current Assets | $18.96B | $18.18B | $16.68B | $15.43B | $14.84B | $15.95B | $14.66B | $13.58B | $12.56B | $11.92B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $19.97B | $19.49B | $18.56B | $18.73B | $18.40B | $16.68B | $15.21B | $14.09B | $12.97B | $12.26B |
| Account Payables | $171.11M | $174.34M | $228.74M | $233.17M | $83.14M | $100.78M | $159.56M | $53.43M | $38.00M | $51.37M |
| Short Term Debt | $1.32B | $1.77B | $1.03B | $911.30M | $124.89M | $746.36M | $681.22M | $619.37M | $560.19M | $629.84M |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $3.06B | $2.52B | $1.56B | $1.11B | $1.95B | $1.59B | $1.30B | $1.17B | $1.02B |
| Other Current Liabilities | $4.29B | $1.06B | $1.24B | $990.22M | $596.06M | $782.27M | $716.50M | $513.72M | $541.75M | $661.34M |
| Total Current Liabilities | $5.78B | $6.04B | $5.05B | $3.73B | $1.91B | $3.58B | $3.15B | $2.49B | $2.31B | $2.37B |
| Long Term Debt | $11.78B | $12.96B | $12.63B | $12.24B | $11.87B | $6.27B | $5.85B | $5.73B | $5.84B | $5.77B |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $986.79M | $194.69M | $803.85M | $324.52M | $260.01M | $313.24M | $242.07M | $121.31M | $284.87M | $349.66M |
| Total Non-Current Liabilities | $12.76B | $13.15B | $13.43B | $12.57B | $12.13B | $6.58B | $6.09B | $5.86B | $6.12B | $6.12B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $18.54B | $19.19B | $18.49B | $16.30B | $14.05B | $10.17B | $9.24B | $8.35B | $8.44B | $8.48B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $34.00K | $473.00K | $- |
| Common Stock | $440.00K | $425.00K | $421.00K | $417.00K | $316.00K | $237.00K | $235.00K | $233.00K | $232.00K | $232.00K |
| Retained Earnings | $-5.99B | $-6.90B | $-7.07B | $-4.80B | $-295.45M | $3.83B | $2.90B | $1.96B | $1.20B | $568.02M |
| Accumulated Other Comprehensive Income Loss | $-507.04M | $-508.44M | $-477.08M | $-285.09M | $-240.12M | $-295.49M | $-161.65M | $26.97M | $-314.47M | $-412.65M |
| Other Total Stockholders Equity | $7.92B | $7.71B | $7.61B | $7.51B | $4.89B | $2.98B | $3.23B | $3.76B | $3.65B | $3.63B |
| Total Stockholders Equity | $1.43B | $300.81M | $68.59M | $2.43B | $4.35B | $6.52B | $5.96B | $5.75B | $4.54B | $3.78B |
| Total Equity | $1.43B | $300.81M | $68.59M | $2.43B | $4.35B | $6.52B | $5.96B | $5.75B | $4.54B | $3.78B |
| Total Liabilities and Stockholders Equity | $19.97B | $19.49B | $18.56B | $18.73B | $18.40B | $16.68B | $15.21B | $14.09B | $12.97B | $12.26B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $19.97B | $19.49B | $18.56B | $18.73B | $18.40B | $16.68B | $15.21B | $14.09B | $12.97B | $12.26B |
| Total Investments | $- | $- | $3.87M | $240.00M | $43.25M | $- | $546.00K | $- | $- | $- |
| Total Debt | $13.10B | $14.73B | $13.62B | $12.45B | $11.81B | $6.80B | $6.49B | $6.31B | $6.40B | $6.40B |
| Net Debt | $12.91B | $14.32B | $12.67B | $10.94B | $8.51B | $6.55B | $6.33B | $6.13B | $6.27B | $6.28B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $910.26M | $166.18M | $-2.27B | $-4.51B | $-4.01B | $930.23M | $954.84M | $759.87M | $633.09M | $427.14M |
| Depreciation and Amortization | $973.51M | $883.24M | $810.05M | $758.60M | $739.62M | $647.10M | $566.97M | $521.48M | $445.63M | $450.33M |
| Deferred Income Tax | $- | $- | $-1.24M | $78.00K | $12.77M | $-26.13M | $1.51M | $9.15M | $-2.45M | $1.27M |
| Stock Based Compensation | $91.78M | $118.94M | $113.56M | $124.08M | $111.30M | $95.06M | $115.98M | $87.04M | $66.41M | $42.21M |
| Change in Working Capital | $- | $809.37M | $1.36B | $-204.09M | $-1.08B | $165.16M | $429.49M | $199.16M | $74.11M | $132.19M |
| Accounts Receivables | $49.30M | $39.65M | $828.66M | $-1.16B | $30.80M | $-14.10M | $-15.89M | $15.05M | $-20.98M | $-14.80M |
| Inventory | $6.95M | $-11.04M | $-33.61M | $-37.48M | $10.55M | $-6.16M | $-9.05M | $-17.13M | $-9.18M | $-4.41M |
| Accounts Payables | $-20.21M | $-50.98M | $-16.20M | $152.03M | $-21.42M | $-58.63M | $106.39M | $14.05M | $-5.75M | $-50.73M |
| Other Working Capital | $189.39M | $831.74M | $580.76M | $841.37M | $-1.10B | $244.05M | $348.04M | $187.19M | $110.03M | $202.13M |
| Other Non Cash Items | $74.27M | $27.99M | $197.93M | $1.36B | $1.67B | $11.20M | $6.38M | $9.03M | $22.88M | $-9.42M |
| Net Cash Provided by Operating Activities | $2.05B | $2.01B | $210.02M | $-2.47B | $-2.56B | $1.82B | $2.08B | $1.59B | $1.24B | $1.04B |
| Investments in Property Plant and Equipment | $-1.21B | $-2.75B | $-1.78B | $-752.84M | $-946.54M | $-1.64B | $-1.57B | $-1.37B | $-1.09B | $-1.13B |
| Acquisitions Net | $-27.32M | $- | $- | $- | $- | $- | $- | $499.00K | $- | $- |
| Purchases of Investments | $- | $- | $-224.14M | $-1.03B | $-31.52M | $-47.09M | $-1.72M | $-35.69M | $-36.82M | $-83.52M |
| Sales Maturities of Investments | $- | $- | $240.00M | $770.00M | $- | $289.00K | $64.80M | $2.35M | $- | $- |
| Other Investing Activities | $8.89M | $-146.78M | $12.09M | $12.29M | $2.70M | $3.77M | $1.01M | $165.00K | $-36.82M | $-83.52M |
| Net Cash Used for Investing Activities | $-1.23B | $-2.90B | $-1.76B | $-1.00B | $-975.36M | $-1.68B | $-1.50B | $-1.40B | $-1.13B | $-1.21B |
| Debt Repayment | $-870.45M | $564.71M | $1.23B | $488.25M | $5.18B | $315.56M | $188.62M | $-100.50M | $9.90M | $249.45M |
| Common Stock Issued | $- | $5.31M | $- | $2.67B | $1.55B | $- | $- | $30.03M | $- | $- |
| Common Stock Repurchased | $- | $-26.86M | $-20.99M | $-16.69M | $-15.41M | $-349.86M | $-664.81M | $-6.34M | $-50.00M | $-107.26M |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $-161.64M | $-217.85M | $-225.62M | $-1.48B | $-145.11M | $-19.09M | $-108.61M | $-48.01M | $-58.24M | $53.99M |
| Net Cash Used Provided by Financing Activities | $-1.03B | $346.86M | $986.22M | $1.68B | $6.58B | $-53.39M | $-584.80M | $-148.51M | $-98.34M | $196.19M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-211.65M | $-544.57M | $-559.66M | $-1.79B | $3.05B | $89.03M | $-12.34M | $47.84M | $12.41M | $31.11M |
| Cash at End of Period | $190.76M | $402.42M | $946.99M | $1.51B | $3.30B | $252.88M | $163.85M | $176.19M | $128.35M | $115.94M |
| Cash at Beginning of Period | $402.42M | $946.99M | $1.51B | $3.30B | $252.88M | $163.85M | $176.19M | $128.35M | $115.94M | $84.82M |
| Operating Cash Flow | $2.05B | $2.01B | $210.02M | $-2.47B | $-2.56B | $1.82B | $2.08B | $1.59B | $1.24B | $1.04B |
| Capital Expenditure | $-1.21B | $-2.75B | $-1.78B | $-752.84M | $-946.54M | $-1.64B | $-1.57B | $-1.37B | $-1.09B | $-1.13B |
| Free Cash Flow | $838.87M | $-744.65M | $-1.57B | $-3.22B | $-3.50B | $185.44M | $508.38M | $213.53M | $147.57M | $-81.56M |