TTM
$2.38B
YoY change
+52.6%
5Y CAGR
—
Peak year (2025)
$3.80B
Cumulative EBITDA
$15.02B
EBITDA history chart for Norwegian Cruise Line (NCLH) from 2004 to 2025
Latest: $3.80B
EBITDA growth chart for Norwegian Cruise Line (NCLH) from 2004 to 2025
Latest: +52.6%
EBITDA history table for Norwegian Cruise Line (NCLH) from 2004 to 2025
| 2025 | $3.80B | +52.6% | +$1.31B | ||
| 2024 | $2.49B | +40.6% | +$719.70M | ||
| 2023 | $1.77B | -366.7% | +$2.44B | ||
| 2022 | −$665.14M | -60.2% | +$1.00B | ||
| 2021 | −$1.67B | -39.9% | +$1.11B | ||
| 2020 | −$2.78B | -253.3% | −$4.59B | ||
| 2019 | $1.81B | +0.6% | +$10.37M | ||
| 2018 | $1.80B | +15.0% | +$235.40M | ||
| 2017 | $1.57B | +14.4% | +$196.65M | ||
| 2016 | $1.37B | +23.9% | +$264.17M | ||
| 2015 | $1.11B | +38.8% | +$309.19M | ||
| 2014 | $796.97M | +24.1% | +$154.56M | ||
| 2013 | $642.40M | +11.8% | +$67.78M | ||
| 2012 | $574.62M | +8.8% | +$46.49M | ||
| 2011 | $528.13M | +44.1% | +$161.55M | ||
| 2010 | $366.58M | +4.1% | +$14.30M | ||
| 2009 | $352.28M | +241.6% | +$249.16M | ||
| 2008 | $103.13M | +6.9% | +$6.68M | ||
| 2007 | $96.45M | -22.6% | −$28.23M | ||
| 2006 | $124.68M | -40.7% | −$85.67M | ||
| 2005 | $210.34M | +38.2% | +$58.15M | ||
| 2004 | $152.19M | — | — |
- 2025$3.80B+52.6%
- 2024$2.49B+40.6%
- 2023$1.77B-366.7%
- 2022−$665.14M-60.2%
- 2021−$1.67B-39.9%
- 2020−$2.78B-253.3%
- 2019$1.81B+0.6%
- 2018$1.80B+15.0%
- 2017$1.57B+14.4%
- 2016$1.37B+23.9%
- 2015$1.11B+38.8%
- 2014$796.97M+24.1%
- 2013$642.40M+11.8%
- 2012$574.62M+8.8%
- 2011$528.13M+44.1%
- 2010$366.58M+4.1%
- 2009$352.28M+241.6%
- 2008$103.13M+6.9%
- 2007$96.45M-22.6%
- 2006$124.68M-40.7%
- 2005$210.34M+38.2%
- 2004$152.19M—
EBITDA values are taken from Norwegian Cruise Line's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About EBITDA at Norwegian Cruise Line (NCLH)
According to Norwegian Cruise Line's latest reported financial statements, the company's current EBITDA (TTM) is $2.38B. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
In 2025, Norwegian Cruise Line (NCLH) EBITDA totalled $3.80B – surged 52.6% year-over-year.
Looking at the 2015–2025 (10 years) stretch, Norwegian Cruise Line EBITDA compounded at +13.1% per year, sustaining 5 straight years of year-over-year growth.
$3.80B stands as the all-time-high annual EBITDA, posted in 2025, against a low of −$2.78B during 2020.
Norwegian Cruise Line EBITDA by Year
Norwegian Cruise Line EBITDA 2025: $3.80B
2025's EBITDA for Norwegian Cruise Line came in at $3.80B, surged 52.6% from 2024. This figure represents the highest annual value in the available history.
Norwegian Cruise Line EBITDA 2024: $2.49B
Norwegian Cruise Line posted EBITDA of $2.49B in 2024, surged 40.6% from 2023.
Norwegian Cruise Line EBITDA 2023: $1.77B
In 2023, Norwegian Cruise Line reported EBITDA of $1.77B, plunged 366.7% below 2022.
Norwegian Cruise Line EBITDA 2022: −$665.14M
Norwegian Cruise Line EBITDA in 2022 was −$665.14M, plunged 60.2% below 2021.
Norwegian Cruise Line EBITDA 2021: −$1.67B
Norwegian Cruise Line EBITDA in 2021 was −$1.67B.
See more financial history for Norwegian Cruise Line (NCLH).
Sector peers by EBITDA
Consumer Cyclical peers of Norwegian Cruise Line (NCLH), ranked by their latest EBITDA
| $165.34B | |
| $26.91B | |
| $24.29B | |
| $14.64B | |
| $11.76B | |
| $10.69B | |
| $9.22B | |
| $8.55B |
- $165.34B
- $26.91B
- $24.29B
- $14.64B
- $11.76B
- $10.69B
- $9.22B
- $8.55B
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Norwegian Cruise Line (NCLH) Key Financials
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