Operating Income for Norwegian Cruise Line (NCLH)
According to Norwegian Cruise Line's latest reported financial statements, the company's current operating income (TTM) is $1.56B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$1.56B
YoY change
+8.7%
5Y CAGR
N/A
Peak year (2025)
$1.59B
Cumulative operating income
$3.58B
Operating Income history chart for Norwegian Cruise Line (NCLH) from 2004 to 2025
Operating Income history table for Norwegian Cruise Line (NCLH) from 2004 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $1.59B | +8.7% | ||
| 2024 | $1.47B | +57.5% | ||
| 2023 | $930.91M | -160.0% | ||
| 2022 | -$1.55B | -39.2% | ||
| 2021 | -$2.55B | -26.7% | ||
| 2020 | -$3.48B | -395.7% | ||
| 2019 | $1.18B | -3.4% | ||
| 2018 | $1.22B | +16.2% | ||
| 2017 | $1.05B | +13.3% | ||
| 2016 | $925.46M | +31.7% | ||
| 2015 | $702.49M | +39.7% | ||
| 2014 | $502.94M | +27.0% | ||
| 2013 | $395.89M | +10.9% | ||
| 2012 | $357.09M | +13.0% | ||
| 2011 | $316.11M | +37.3% | ||
| 2010 | $230.24M | +34.4% | ||
| 2009 | $171.37M | -371.0% | ||
| 2008 | -$63.25M | -249.8% | ||
| 2007 | $42.21M | +29.6% | ||
| 2006 | $32.58M | -55.5% | ||
| 2005 | $73.26M | +45.7% | ||
| 2004 | $50.29M | — |
Operating Income values are taken from Norwegian Cruise Line's reported income 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
The 2025 reading of Norwegian Cruise Line (NCLH) operating income is $1.59B – grew 8.7% year-over-year.
Looking at the 2015–2025 (10 years) stretch, Norwegian Cruise Line operating income compounded at +8.5% per year, sustaining 5 straight years of year-over-year growth.
Across the available history, operating income reached its high of $1.59B in 2025 and its low of -$3.48B in 2020.
Norwegian Cruise Line (NCLH) sits 9th of 8 Consumer Cyclical peers we track on this metric, against a peer median of $16.64B.
Norwegian Cruise Line Operating Income by Year
Norwegian Cruise Line Operating Income 2025: $1.59B
Norwegian Cruise Line operating income in 2025 was $1.59B, grew 8.7% from 2024. This figure represents the highest annual value in the available history.
Norwegian Cruise Line Operating Income 2024: $1.47B
Norwegian Cruise Line operating income in 2024 was $1.47B, surged 57.5% from 2023.
Norwegian Cruise Line Operating Income 2023: $930.91M
Norwegian Cruise Line operating income in 2023 was $930.91M, plunged 160.0% below 2022.
Norwegian Cruise Line Operating Income 2022: -$1.55B
Norwegian Cruise Line operating income in 2022 was -$1.55B, plunged 39.2% below 2021.
Norwegian Cruise Line Operating Income 2021: -$2.55B
Norwegian Cruise Line operating income in 2021 was -$2.55B.
See more financial history for Norwegian Cruise Line (NCLH).
Sector peers — Operating Income
Companies in the same sector as Norwegian Cruise Line, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $140.91B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $92.05B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $79.97B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $20.89B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $12.39B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $9.28B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $7.18B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $4.36B | Consumer Cyclical |
Frequently asked questions
What is Norwegian Cruise Line's operating income?
- Latest reported operating income for Norwegian Cruise Line (NCLH) is $1.56B (period ending December 31, 2025).
How has Norwegian Cruise Line operating income changed year-over-year?
- Norwegian Cruise Line (NCLH) operating income changed +8.7% year-over-year on the latest annual filing.
What is the long-term growth rate of Norwegian Cruise Line operating income?
- Norwegian Cruise Line (NCLH) operating income compound annual growth rate is +8.5% over the most recent 10 years available.
When did Norwegian Cruise Line operating income hit its highest annual value?
- Norwegian Cruise Line operating income reached its highest annual value of $1.59B in 2025.
What was Norwegian Cruise Line operating income in 2024?
- Norwegian Cruise Line (NCLH) operating income in 2024 was $1.47B.
What was Norwegian Cruise Line operating income in 2025?
- Norwegian Cruise Line (NCLH) operating income in 2025 was $1.59B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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