NCLHNorwegian Cruise Line Holdings

$15.59-39% 1Y

Is it growing?

Mixed

Neither accelerating nor breaking down: nothing decisive, though earnings up +12% year on year.

1 good, 2 neutral
Revenue trend+6% in a year

Trailing-twelve-month revenue vs a year earlier, from the company's own filings. Five-year pace: +236% a year.

Earnings trend+12% in a year

Trailing-twelve-month earnings per share against a year earlier. Growing faster than revenue, so margins or the share count are helping.

Margin direction−0.9 points operating

Trailing-twelve-month operating margin, 14.4% now against 15.3% a year earlier.

All from SEC EDGAR, as of Jun 30, 2026.

Where this answer is blind. These are trailing numbers from the filings, not forecasts: an acquisition or a one-off year can flatter them, so check the quarters.

Is NCLH growing?

Norwegian Cruise Line Holdings has grown revenue 12% a year over three years and 236% a year over five.

+12%

Revenue growth, 3-year annual rate · Travel Services median +14% · steady growth, ahead of inflation · compounded from trailing twelve-month revenue

Revenue growth, 5-year rate
+236%

Revenue growth, 5-year rate · +12% over three · growth has slowed since the five-year average

Years of annual history on file
15

Years of annual history on file · FY2011 to FY2025, as filed

Details›
Revenue FY2021
$648M
Revenue FY2022
$4.84B
Revenue FY2023
$8.55B
Revenue FY2024
$9.48B
Revenue FY2025
$9.83B

Annual income statements as filed with the SEC.

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