Company data sheet · Norwegian Cruise Line Holdings
Norwegian Cruise Line Holdings: from profit to three straight losses.
- Industry
- Water Transportation
- Headquarters
- United States
- Ticker
- NCLH (NYSE)
- Sources
- SEC filings (2011–2026), Stratrix's verified Decision Cases, market data and official economic statistics for the United States
- Data as of
- November 1, 2026
- From profit to three straight losses. Norwegian Cruise Line Holdings earned $2.6 billion in 2017–2019. Then it lost money every year from 2020 to 2022: $10.8 billion in all. 2023 was its first profit in four years: $0.2 billion.
- The cycle hit it too. The losses began in 2020, when the US economy shrank 2.1%. Part of the damage came from outside; the test is whether it recovered when the economy did.
- Leaders came and went. Norwegian Cruise Line Holdings filed 43 leadership changes since 2016, more than 96% of large transportation and utility companies (the median is 12). The day after each, its shares fell a median 0.5 points against its sector.
Financial results
| Fiscal year | Revenue | Net income | |
|---|---|---|---|
| 2016 | $4.9 billion | $0.6 billion | |
| 2017 | $5.4 billion | $0.8 billion |
As reported in its annual filings. Losses in red.
The full data sheet · Data Plan
Everything behind these findings, ready for your board deck.
- Market reaction to disclosed decisions: 103 decision filings since 2016, each linked to the SEC, with the share return against its sector and the US market the next day and the next year (44 with market data).
- Economic context: 7 measures for the United States, every year since 2016, from the official sources.
- Peer comparison: against 404 companies of its size in its sector.
- Financial results: ten years of revenue, operating and net income, and every annual report, linked.
- Methods and sources, so each number can be checked and cited.
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