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Total Debt for Norwegian Cruise Line (NCLH)

As of · Reported

Metric

Latest period

$15.15B

YoY change

+5.0%

5Y CAGR

+4.3%

Peak year (2025)

$14.61B

Total Debt history chart for Norwegian Cruise Line (NCLH) from 2004 to 2025

Latest: $14.61B

Total Debt growth chart for Norwegian Cruise Line (NCLH) from 2004 to 2025

Latest: +5.0%

Total Debt history table for Norwegian Cruise Line (NCLH) from 2004 to 2025

  • 2025$14.61B+5.0%
  • 2024$13.92B-1.0%
  • 2023$14.06B+3.2%
  • 2022$13.62B+9.4%
  • 2021$12.45B+5.4%
  • 2020$11.81B+73.6%
  • 2019$6.80B+4.8%
  • 2018$6.49B+2.9%
  • 2017$6.31B-1.4%
  • 2016$6.40B+0.0%
  • 2015$6.40B+5.2%
  • 2014$6.08B+94.4%
  • 2013$3.13B+4.8%
  • 2012$2.99B-1.7%
  • 2011$3.04B-5.2%
  • 2010$3.20B+25.3%
  • 2009$2.56B-3.7%
  • 2008$2.66B-16.2%
  • 2007$3.17B+23.8%
  • 2006$2.56B+21.5%
  • 2005$2.11B+24.6%
  • 2004$1.69B—

Total Debt values are taken from Norwegian Cruise Line's reported balance sheets (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 Total Debt at Norwegian Cruise Line (NCLH)

According to Norwegian Cruise Line's latest reported financial statements, the company's latest reported total debt is $15.15B. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — compare with cash on hand for net leverage, and total liabilities for the broader obligations picture.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

In 2025, Norwegian Cruise Line (NCLH) total debt totalled $14.61B – edged up 5.0% year-over-year.

Across 2020–2025 (5 years), Norwegian Cruise Line total debt produced a CAGR of +4.3% – with mixed annual results across the window.

The record annual total debt stands at $14.61B, reached in 2025; the historical low of $1.69B was recorded in 2004.

Norwegian Cruise Line Total Debt by Year

Norwegian Cruise Line Total Debt 2025: $14.61B

Norwegian Cruise Line posted total debt of $14.61B in 2025, edged up 5.0% from 2024. This figure represents the highest annual value in the available history.

Norwegian Cruise Line Total Debt 2024: $13.92B

In 2024, Norwegian Cruise Line reported total debt of $13.92B, edged down 1.0% below 2023.

Norwegian Cruise Line Total Debt 2023: $14.06B

Norwegian Cruise Line total debt in 2023 was $14.06B, edged up 3.2% from 2022.

Norwegian Cruise Line Total Debt 2022: $13.62B

2022's total debt for Norwegian Cruise Line came in at $13.62B, grew 9.4% from 2021.

Norwegian Cruise Line Total Debt 2021: $12.45B

Norwegian Cruise Line total debt in 2021 was $12.45B.

See more financial history for Norwegian Cruise Line (NCLH).

Sector peers by Total Debt

Consumer Cyclical peers of Norwegian Cruise Line (NCLH), ranked by their latest total debt

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