SuperworthNorwegian Cruise Line profit margin NCLH
Gross, operating and net profit as a share of revenue over the last twelve months, from 2012.
- Net margin, 12 months
- 7.5%
- Operating margin, 12 months
- 15.1%
- Net margin on a year earlier
- −0.0 pts
- Peer median
- 13.4%
Over the twelve months to Jun 30, 2026, Norwegian Cruise Line kept 7.5% of its revenue as net profit, with an operating margin of 15.1% and a gross margin of 42.5%.
The median for 10 travel stocks of a similar size is 13.4%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 4.3% | 15.9% | 42.6% |
| FY2024 | 9.6% | 15.5% | 40.0% |
| FY2023 | 1.9% | 10.9% | 36.0% |
| FY2022 | −46.9% | −32.0% | 11.9% |
| FY2021 | n/a | n/a | n/a |
| FY2020 | n/a | n/a | n/a |
| FY2019 | 14.4% | 18.2% | n/a |
| FY2018 | 15.8% | 20.1% | n/a |
| FY2017 | 14.1% | 19.4% | n/a |
| FY2016 | 13.0% | 19.0% | n/a |
| FY2015 | 9.8% | 16.2% | n/a |
| FY2014 | 10.8% | 16.1% | n/a |
| FY2013 | 4.0% | 15.4% | 35.5% |
| FY2012 | 7.4% | 15.7% | 35.0% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 7.5% | −0.0 pts | 15.1% | |
| Q1 FY26 | 5.7% | −3.4 pts | 15.9% | |
| Q4 FY25 | 4.3% | −5.3 pts | 15.9% | |
| Q3 FY25 | 6.8% | +1.0 pts | 16.4% | |
| Q2 FY25 | 7.5% | +2.9 pts | 16.0% | |
| Q1 FY25 | 9.1% | +5.2 pts | 15.4% | |
| Q4 FY24 | 9.6% | +7.7 pts | 15.5% | |
| Q3 FY24 | 5.9% | +8.5 pts | 14.7% | |
| Q2 FY24 | 4.6% | +16.5 pts | 13.3% | |
| Q1 FY24 | 3.8% | +27.4 pts | 12.8% | |
| Q4 FY23 | 1.9% | +48.8 pts | 10.9% | |
| Q3 FY23 | −2.6% | +85.5 pts | 6.5% |
Against its peers
Companies in Travel Services nearest Norwegian Cruise Line's size, closest first, today.
| Company | Profit margin |
|---|---|
| NCLHNorwegian Cruise Line | 7.5% |
| KEXKirby | 10.2% |
| MATXMatson | 13.4% |
| GATXGatx | n/m |
| FTDRFrontdoor | 12.8% |
| GXOGXO Logistics | 1.0% |
| INSWInternational Seaways | 62.0% |
| TDWTidewater | 18.3% |
| ABMABM Industries | 1.8% |
| ROLRollins | 13.6% |
| LPGDorian LPG | 55.0% |
| Peer median | 13.4% |
Where Norwegian Cruise Line ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Norwegian Cruise Line
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.