Norwegian Cruise (NCLH) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
9.5B
Gross Profit
3.8B
39.99%
Operating Income
1.5B
15.46%
Net Income
910.3M
9.60%
EPS (Diluted)
$1.89
Balance Sheet Metrics
Total Assets
20.0B
Total Liabilities
18.5B
Shareholders Equity
1.4B
Debt to Equity
13.01
Cash Flow Metrics
Operating Cash Flow
1.9B
Free Cash Flow
838.9M
Revenue & Profitability Trend
Norwegian Cruise Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 9.5B | 8.5B | 4.8B | 648.0M | 1.3B |
| Cost of Goods Sold | 5.7B | 5.5B | 4.3B | 1.6B | 1.7B |
| Gross Profit | 3.8B | 3.1B | 576.7M | -960.1M | -413.2M |
| Operating Expenses | 1.4B | 1.3B | 1.4B | 891.5M | 745.3M |
| Operating Income | 1.5B | 930.9M | -1.6B | -2.6B | -1.9B |
| Pre-tax Income | 772.9M | 163.2M | -2.3B | -4.5B | -4.0B |
| Income Tax | -137.4M | -3.0M | -6.8M | 5.3M | 12.5M |
| Net Income | 910.3M | 166.2M | -2.3B | -4.5B | -4.0B |
| EPS (Diluted) | $1.89 | $0.39 | -$5.41 | -$12.33 | -$15.75 |
Income Statement Trend
Norwegian Cruise Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 1.0B | 1.3B | 1.9B | 3.3B | 3.6B |
| Non-Current Assets | 19.0B | 18.2B | 16.7B | 15.4B | 14.8B |
| Total Assets | 20.0B | 19.5B | 18.6B | 18.7B | 18.4B |
| Liabilities | |||||
| Current Liabilities | 5.8B | 6.0B | 5.1B | 3.7B | 1.9B |
| Non-Current Liabilities | 12.8B | 13.2B | 13.4B | 12.6B | 12.1B |
| Total Liabilities | 18.5B | 19.2B | 18.5B | 16.3B | 14.0B |
| Equity | |||||
| Total Shareholders Equity | 1.4B | 300.8M | 68.6M | 2.4B | 4.4B |
Balance Sheet Composition
Norwegian Cruise Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 910.3M | 166.2M | -2.3B | -4.5B | -4.0B |
| Operating Cash Flow | 1.9B | 1.6B | 358.0M | -4.2B | -3.9B |
| Investing Activities | |||||
| Capital Expenditures | -1.2B | -2.8B | -1.8B | -752.8M | -946.5M |
| Investing Cash Flow | -1.2B | -2.9B | -1.8B | -1.0B | -975.4M |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | -1.0B | 368.4M | 1.0B | 1.7B | 6.6B |
| Free Cash Flow | 838.9M | -744.6M | -1.6B | -3.2B | -3.5B |
Cash Flow Trend
Norwegian Cruise Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
10.57
Forward P/E
8.90
Price to Book
5.82
Price to Sales
0.88
PEG Ratio
8.90
Profitability Ratios
Profit Margin
9.06%
Operating Margin
9.44%
Return on Equity
95.87%
Return on Assets
4.40%
Financial Health
Current Ratio
0.19
Debt to Equity
1,045.05
Beta
2.13
Per Share Data
EPS (TTM)
$1.76
Book Value per Share
$3.19
Revenue per Share
$21.46
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| nclh | 8.3B | 10.57 | 5.82 | 95.87% | 9.06% | 1,045.05 |
| Booking Holdings | 173.6B | 33.30 | - | -146.32% | 22.58% | -2.74 |
| Airbnb | 84.6B | 34.68 | 10.68 | 32.06% | 22.60% | 28.73 |
| Travel + Leisure | 3.3B | 9.16 | -3.73 | -46.70% | 10.77% | -6.36 |
| Global Business | 2.9B | - | 2.58 | -3.48% | -1.81% | 131.68 |
| Royal Caribbean | 72.8B | 21.79 | 9.14 | 48.52% | 19.38% | 247.10 |
Financial data is updated regularly. All figures are in the company's reporting currency.