Free Cash Flow for Norwegian Cruise Line (NCLH)
Free Cash Flow for Norwegian Cruise Line (NCLH): headline value -$1.17B · YoY -239.5%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingFree Cash FlowSwitch metric
Latest period
-$1.17B
YoY change
-239.5%
5Y CAGR
N/A
Peak year (2024)
$838.87M
Latest annual
-$1.17B
Free Cash Flow history chart for Norwegian Cruise Line (NCLH) from 2004 to 2025
Free Cash Flow history table for Norwegian Cruise Line (NCLH) from 2004 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | -$1.17B | -239.5% | ||
| 2024 | $838.87M | -212.7% | ||
| 2023 | -$744.65M | -52.7% | ||
| 2022 | -$1.57B | -51.1% | ||
| 2021 | -$3.22B | -8.0% | ||
| 2020 | -$3.50B | -1989.0% | ||
| 2019 | $185.44M | -63.5% | ||
| 2018 | $508.38M | +138.1% | ||
| 2017 | $213.53M | +44.7% | ||
| 2016 | $147.57M | -280.9% | ||
| 2015 | -$81.56M | -80.4% | ||
| 2014 | -$416.37M | -0.8% | ||
| 2013 | -$419.57M | -542.8% | ||
| 2012 | $94.75M | -45.0% | ||
| 2011 | $172.19M | -130.8% | ||
| 2010 | -$558.52M | +402.7% | ||
| 2009 | -$111.11M | -40.6% | ||
| 2008 | -$186.90M | -65.8% | ||
| 2007 | -$546.51M | -17.4% | ||
| 2006 | -$661.90M | +26.8% | ||
| 2005 | -$521.97M | -12.2% | ||
| 2004 | -$594.51M | — |
Free Cash Flow values are taken from Norwegian Cruise Line's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual free cash flow for Norwegian Cruise Line (NCLH) came in at -$1.17B – plunged 239.5% year-over-year.
Between 2024 and 2025, Norwegian Cruise Line free cash flow plunged 239.5%, falling from $838.87M to -$1.17B.
Across the available history, free cash flow reached its high of $838.87M in 2024 and its low of -$3.50B in 2020.
Norwegian Cruise Line (NCLH) sits 9th of 8 Consumer Cyclical peers we track on this metric, against a peer median of $8.39B.
Norwegian Cruise Line Free Cash Flow by Year
Norwegian Cruise Line Free Cash Flow 2025: -$1.17B
Norwegian Cruise Line free cash flow in 2025 was -$1.17B, plunged 239.5% below 2024.
Norwegian Cruise Line Free Cash Flow 2024: $838.87M
Norwegian Cruise Line free cash flow in 2024 was $838.87M, plunged 212.7% below 2023. This figure represents the highest annual value in the available history.
Norwegian Cruise Line Free Cash Flow 2023: -$744.65M
Norwegian Cruise Line free cash flow in 2023 was -$744.65M, plunged 52.7% below 2022.
Norwegian Cruise Line Free Cash Flow 2022: -$1.57B
Norwegian Cruise Line free cash flow in 2022 was -$1.57B, plunged 51.1% below 2021.
Norwegian Cruise Line Free Cash Flow 2021: -$3.22B
Norwegian Cruise Line free cash flow in 2021 was -$3.22B.
See more financial history for Norwegian Cruise Line (NCLH).
Sector peers — Free Cash Flow
Companies in the same sector as Norwegian Cruise Line, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| PDD Holdings Inc. (PDD) | $106.94B | Consumer Cyclical |
| Alibaba Group Holding Limited (BABA) | $78.16B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $12.65B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $9.09B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $7.70B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $7.19B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $6.22B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $4.86B | Consumer Cyclical |
Frequently asked questions
What is Norwegian Cruise Line's free cash flow?
Latest reported free cash flow for Norwegian Cruise Line (NCLH) is -$1.17B (period ending December 31, 2025).
How has Norwegian Cruise Line free cash flow changed year-over-year?
Norwegian Cruise Line (NCLH) free cash flow changed -239.5% year-over-year on the latest annual filing.
When did Norwegian Cruise Line free cash flow hit its highest annual value?
Norwegian Cruise Line free cash flow reached its highest annual value of $838.87M in 2024.
What was Norwegian Cruise Line free cash flow in 2024?
Norwegian Cruise Line (NCLH) free cash flow in 2024 was $838.87M.
What was Norwegian Cruise Line free cash flow in 2025?
Norwegian Cruise Line (NCLH) free cash flow in 2025 was -$1.17B.
Metrics overview
Pick a metric for charts, filings and peers — each row shows the latest TTM or most-recent-quarter value.
Explore more
NCLH Overview
Company profile, financial tools, and key metrics
NCLH Revenue Counter
Earns $311.63 every second. See per minute, hour, and day.
NCLH Earnings Counter
Earns $13.42 per second net profit. See per minute, hour, and day.
NCLH Economic Scale
Exceeds Bermuda's GDP. Compare with world economies.
NCLH What If Invested
What if you had invested $1,000? See historical returns from any date.
NCLH How It Makes Money
Discover visual breakdown of $9.83B in revenue — where it comes from and where it goes.
NCLH Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
NCLH Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
NCLH Daily Price Character
Explosive · 50.0% historical win rate (green days). Streaks & record days.
NCLH Buybacks
0.23% TTM buyback yield. Shareholder yield & SBC comparison.