NC

Norwegian Cruise Line Holdings Ltd.

NCLHConsumer CyclicalNASDAQ

Travel Services

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Financials · Annual
Revenue
$9.83B
+3.7% YoY
Net Income
$423.2M
-53.5% YoY
EBITDA
$2.54B
+2.0% YoY
Free Cash Flow
-$1.50B

Scan Results

Daily timeframe
DateIndicatorDetails
Jul 8 MACD Negative CrossoverHistogram -0.2423, negative momentum
Jul 7 MACD Negative CrossoverHistogram -0.1462, negative momentum
About Norwegian Cruise Line Holdings Ltd.

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company carries a $8.93B market cap, placing it firmly in the mid-cap category. It offers itineraries to destinations, such as Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, the Caribbean, and Alaska; and inter-island itinerary in Hawaii.

Key stats
Market Cap$8.93B
P/E (TTM)15.69
Fwd P/E9.57
EPS$1.24
Beta1.88
52W Change-17.5%
ROE29.5%
Analysis

The company holds $185.0M in cash, though total debt stands at $16.08B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. The company is burning cash, with free cash flow at -$1.50B. This typically occurs when a company is investing aggressively in growth, but sustained cash burn can strain the balance sheet. ROE of 29.5% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 4.4% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $4.84B (2022) to $9.83B (2025), reflecting a 103% increase over the period.

A beta of 1.88 means NCLH is more volatile than average. Investors should be prepared for wider price swings relative to broader indices. Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing NCLH.

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