Revenue segments as reported by the company.

Passenger ticket

Onboard and other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Commissions, transportation and other

Onboard and other OpEx

Payroll and related

Fuel

Food

Other

Marketing, general and administrative

Depreciation and amortization

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Norwegian Cruise Line

Norwegian Cruise Line Holdings Ltd. engages in the provision of cruise travel services. It provides cruise experiences for travelers with itineraries in Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii. It also offers an entirely inter-island itinerary in Hawaii. Its brands include Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. The company was founded in 1966 and is headquartered in Miami, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Norwegian Cruise Line achieves record bookings and plans for growth

Norwegian Cruise Line's strong performance in 2022 and positive booking trends position the company well for 2023.
Focus on cost reduction initiatives and strategic priorities to enhance margins and achieve record EBITDA.
Challenges include balancing cost efficiencies with guest experience and navigating potential recession risks.
Opportunities lie in new ship additions, marketing strategies, and accelerating demand later in the year.

Norwegian Cruise Line beats Q1 targets, eyes strategic growth

Norwegian Cruise Line (NCLH) delivered strong Q1 2023 results, surpassing financial targets and demonstrating resilience amidst industry challenges.
The company's strategic focus on revenue optimization, cost management, and growth investments positions it well for future success and sustainable value creation.
Leadership transition, successful financing initiatives, and positive booking trends underscore Norwegian Cruise Line's ability to navigate uncertainties and capitalize on growth opportunities.
With a shift in deployment, focus on sustainability, and financial discipline, Norwegian Cruise Line is poised to leverage market dynamics and drive performance in the post-pandemic landscape.

Norwegian Cruise Line surpasses Q2 expectations, focuses on financial health

Norwegian Cruise Line delivered strong financial performance in Q2, exceeding targets and raising full-year guidance.
The company's focus on margin enhancement, cost optimization, and debt reduction demonstrates a commitment to financial health.
Challenges include managing load factors, debt optimization, and balancing margin improvements with guest experience.
Opportunities lie in market growth, cost structure enhancement, guest experience focus, and marketing efficiency improvements.

Norwegian Cruise Line excels in Q3, navigates challenges for growth

Norwegian Cruise Line's Q3 performance reflects strong revenue, exceeding guidance, and strategic growth initiatives amidst challenges in specific cruise routes and increased expenses.
The company's strengths include industry recognition, growth-focused strategies, and a clear focus on financial stability and efficiency.
Challenges such as geopolitical instability, softness in bookings, and increased expenses are being addressed with opportunities in demand growth, cost reduction, and strategic planning.
Optimism surrounds the company's outlook, with a commitment to price integrity, marketing efficiency, and leveraging strong demand for future success.
Navigating uncertainties while capitalizing on opportunities positions Norwegian Cruise Line for sustainable growth and resilience in the cruise industry.
Strategic focus on growth, cost management, and customer experience underpins Norwegian Cruise Line's performance and outlook for future success.

Norwegian Cruise Line excels in 2023, eyes strong growth ahead

Norwegian Cruise Line delivered a robust performance in 2023, focusing on financial strength, guest experience, and sustainability. Challenges include COVID-related disruptions and the need for ongoing cost management. The company is well-positioned for growth with opportunities for margin expansion and revenue enhancement.

Norwegian Cruise Line doubles EBITDA, eyes strong 2025 bookings

NCLH's Q1 2024 earnings call highlighted robust financial performance, sustainability efforts, and strong booking trends for 2025.
The company's focus on cost-saving initiatives, margin enhancement, and net yield growth positions it well for future success.
Despite challenges in certain regions, NCLH remains optimistic about offsetting impacts and driving overall pricing and yield growth.
Investor confidence is expected to strengthen post Investor Day, with a transparent long-term strategy and financial outlook.

Norwegian Cruise Line surpasses Q3 guidance, sets sights on growth

NCLH's Q3 performance reflects strong financial results and strategic initiatives driving growth.
Despite challenges in pricing trends and cost management, opportunities exist in revenue optimization and sustainability efforts.
Management's focus on long-term goals and operational efficiency positions NCLH for continued success in the cruise industry.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Norwegian Cruise Line Holdings Ltd. engages in the provision of cruise travel services. It offers cruise experiences for travelers with itineraries in Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii. Its brands include Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. The company was founded in 1966 and is headquartered in Miami, FL.

Cruise operators remain docked, as the CDC has extended its "no sail" orders through Sept.

How Long Will Norwegian Cruise Line's Liquidity Last After Capital Raise?

Carnival

Royal Caribbean Cruises

Carnival, Royal Caribbean, and Norwegian Cruise Line investors will need more than a COVID-19 treatment to get back on track.

A Coronavirus Vaccine Won't Save the Cruise Line Stocks

Cruise-line stocks faced a deluge of Wall Street downgrades and other negative developments, but they didn't all move lower this week.

More Bad News for Carnival, Royal Caribbean, and Norwegian Cruise Line Investors

Norwegian Cruise Line (NASDAQ: NCLH) shares are trading lower on Friday after the company announced the pricing of its 16.7 million shares common stock offering at $15 per share.

Why Norwegian Cruise Line's Stock Is Trading Lower Today

Cruise lines were already battened down for an extension.

CDC Extends Cruise Line No-Sail Order Through Sept. 30

Shares of cruise operators fell in premarket trading Friday, after the Centers of Disease Control and Prevention (CDC) extended its cruise ship "no sail order" through September 2020 amid a surge in new COVID-19 cases.

Cruise stocks drop after CDC extends no sail order, and analyst says more delays expected

Cruise stocks drops after CDC extends no sail order, and analyst says more delays expected

Norwegian Cruise Holdings Ltd (NSYE: NCLH) late Thursday announced the pricing of its $250 million public offering.

Norwegian Announces Pricing Of Its $250M Public Offering

The shares of Norwegian Cruise Line Holdings Ltd (NYSE: NCLH), Carnival Corp. (NYSE: CCL), and Royal Caribbean Cruises Ltd (NYSE: RCL) continued to dip in the after-hours session Thursday, as the Centers For Disease Control and Prevention extended its ban on cruise sail in the United States.

Norwegian, Carnival, Royal Caribbean Extend Losses As CDC Furthers Cruise Sail Ban

MIAMI, July  16, 2020  (GLOBE NEWSWIRE) -- Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) (the “Company”) announced today that it has priced its underwritten public offering of 16,666,667 ordinary shares of the Company (the “Offering”) at a price to the public of $15.00 per share. The Company has granted the underwriters an option to purchase up to 2,500,000 of additional ordinary shares, which option must be exercised on or before August 17, 2020.

Norwegian Cruise Line Holdings Ltd. Announces Pricing of 16,666,667 Ordinary Shares

MIAMI, July  16, 2020  (GLOBE NEWSWIRE) -- NCL Corporation Ltd. (“NCLC”), a subsidiary of Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) (“NCLH”), announced today that it has priced $750 million aggregate principal amount of its 10.250% senior secured notes due 2026 (the “Secured Notes”), which were offered in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The aggregate principal amount of Secured Notes to be issued was increased to $750 million from the previously announced $675 million. The Secured Notes and certain of the related guarantees will be secured by a first-priority interest in, among other things and subject to certain agreed security principles, one of our vessels.

NCL Corporation Ltd. Announces Upsizing and Pricing of $750,000,000 of Senior Secured Notes and $400,000,000 of Exchangeable Notes

The major cruise ship operators are being forced to take on expensive debt to survive the coronavirus pandemic.

Why Norwegian Cruise Line, Carnival, and Royal Caribbean Stocks Sank Today

The cruise industry has been hit especially hard by the coronavirus pandemic.

Cruises From The U.S. Banned Until At Least October

Virgin Galactic

Markets are still wrestling with the tug-of-war between coronavirus fears and recovery hopes.

Stock Market Wrap-Up: Norwegian Sinks on Stock and Bond Sales; Virgin Galactic Blasts Off With New CEO

Norwegian Cruise Line (NYSE: NCLH) reported Q1 sales of $1.25 billion but lost a total of $1.88 billion in terms of earnings, resulting in a 203.2% decrease from last quarter.

ROCE Insights For Norwegian Cruise Line

Norwegian Cruise Line Holdings Ltd. NCLH, +20.67% is offering $250 million of stock in a syndicated deal, the company said Thursday.

Norwegian Cruise Line to offer $250 million of shares in syndicated deal

MIAMI, July  16, 2020  (GLOBE NEWSWIRE) -- NCL Corporation Ltd. (“NCLC”), a subsidiary of Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) (“NCLH”), announced today that it is proposing to sell $675 million aggregate principal amount of its senior secured notes due 2026 (the “Secured Notes”) in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Secured Notes and certain of the related guarantees will be secured by a first-priority interest in, among other things and subject to certain agreed security principles, one of our vessels.

NCL Corporation Ltd. Announces Proposed Offering of Senior Secured Notes and Exchangeable Notes

American Airlines

Boeing

United Continental Hlds

It wasn't the pharma companies engaged in "Operation Warp Speed" who were the big winners today -- it was those stocks that look to benefit from a genuine full reopening in the U.S. economy, particularly in the Travel & Leisure space.

Travel & Leisure Celebrate the Coming Vaccine

Promising coronavirus vaccine news sent cruise ship stocks sharply higher.

Why Carnival, Royal Caribbean, and Norwegian Cruise Line Stocks Soared Today (July 15)

Hard-hit sectors saw some of the biggest gains.

Cruise Stocks Soar as Stock Markets Get a Shot in the Arm From Coronavirus Vaccine News

MIAMI, July  14, 2020  (GLOBE NEWSWIRE) -- Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) (together with NCL Corporation Ltd., "Norwegian Cruise Line Holdings," "Norwegian" or the "Company") today announced the appointment of Scott Dahnke to its Board of Directors (the "Board") as a new independent director, effective July 14, 2020.

Norwegian Cruise Line Holdings Ltd. Appoints Scott Dahnke to Board of Directors

Shares of Carnival Corp. CCL, -1.88% dropped 1.8% in midday trading Monday, to buck the surge in the broader stock market, amid concerns over how the recent surge in COVID-19 cases will affect the timeline for restarting cruises in the U.S.

Carnival leads cruise stocks lower after Wedbush cuts price target amid resurgence in COVID cases

Carnival updates investors on its business and investors cheer.

Why Carnival Corporation, Royal Caribbean, and Norwegian Cruise Line Stocks All Popped Today (July 10)

Disney

Hilton Worldwide Holdings

Southwest Airlines

Marriott

For much of the first half of this year, consumers stuck at home as the coronavirus circled the globe. Many people only dreamed of taking off to faraway lands or cruising across oceans and seas to exotic locales, while the industry that provided those services saw its own dreams turn into nightmares

The Great Travel Depression? Hotels, Cruise Lines, Airlines Prepare To Open Q2 Books

Bad macroeconomic news trumps positive news from two big cruise lines.

News for Norwegian Cruise Line Stock (NCLH)