NC
NCLH.K
—
NYSE
Hotels, Motels & Cruise Lines
Nclh.K
Last 30 days
1D5D1M3M6MYTD1Y5YMax
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Mcap
7,4B USD
P/E
14,6x
EV / Rev
0,8x
Div yield
—
Op margin
13,7 %
ROE
25,7 %
Net margin
5,7 %
Debt / equity
—
Beta
—
52w range
—
Volume
100,8k
Day range
$17,62–$18,58
Prev close
$18,15
Open
$17,68
Next earnings
2026-10-28
Ex-dividend
—
TR 1Y
—
About
NCLH.K operates in the marine transportation sector, generating revenue through freight and logistics services.
Business. National Bank of Pakistan (NCLH.K) is a financial institution operating within the Hotels, Motels & Cruise Lines industry, primarily generating revenue through interest income. The company is listed on the NYSE under the ticker symbol NCLH.K. Specific details regarding its operating segments, headquarters location, and geographic presence are not provided in the available data. Consequently, the company is described at the industry level without further operational breakdown.
Classification99 %
SectorConsumer Discretionary
Industry groupHotels, Motels & Cruise Lines
Generated · model-assisted
Sell-side consensus
BUY28 analysts
11 buy16 hold1 sell
Avg 12m price target21,77
Analyst recommendations
28 analysts · consensus BuyBuy11
Hold16
Sell1
12-month price target
21,77
Consensus of sell-side coverage.
At a glance
Score
—
not yet scored
Valuation→
14,6x
P/E
Analysts→
Buy
28 analysts · indicative
Ownership→
Geode Capital Management, L.L.C.
largest disclosed fund holder
Profitability→
25,7 %
return on equity
Quality
—
not yet scored
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
— missing data
News & coverage
0Sector rotation
Sector1D1Mvs mkt
Materials+2,3 %+6,6 %+1,7 %
Communication Services+2,2 %−5,5 %+1,6 %
Energy+0,6 %+3,3 %+0,0 %
Health Care+0,6 %−0,8 %+0,0 %
Information Technology+0,6 %+6,7 %+0,0 %
Consumer Discretionary · THIS SECTOR+0,4 %+7,6 %−0,2 %
Financials−0,3 %−2,8 %−0,9 %
Consumer Staples−0,4 %+2,5 %−1,0 %
Real Estate−0,7 %+10,9 %−1,3 %
Industrials−1,9 %−3,1 %−2,5 %
Utilities−1,9 %+28,2 %−2,5 %
Developing storylines
No tracked sagas currently linked to NCLH.K. Browse all sagas →
Analysis
AI analysis
Generated · analysis pipeline · tier hybrid · as of 2026-08-04
↑ At a glance
Opportunity
— missing data
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Peers
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated · Frontline (FRO)
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
- Congressional trades
- CongressLisa McClain — Norwegian Cruise Line Holdings Ltd.2025-10-31 · Republican · MI · Sale · $1,001 - $15,000
- CongressLisa McClain — Norwegian Cruise Line Holdings Ltd.2025-10-30 · Republican · MI · Sale · $1,001 - $15,000
- CongressLisa McClain — Norwegian Cruise Line Holdings Ltd.2025-10-30 · Republican · MI · Purchase · $1,001 - $15,000
- CongressLisa McClain — Norwegian Cruise Line Holdings Ltd.2025-06-17 · Republican · MI · Purchase · $1,001 - $15,000
Pre-earnings brief
— missing data
Signals & dispatch
peak dispatch · —
Composite-score breakdown
Synthesis
Business
National Bank of Pakistan (NCLH.K) is a financial institution operating within the Hotels, Motels & Cruise Lines industry, primarily generating revenue through interest income. The company is listed on the NYSE under the ticker symbol NCLH.K. Specific details regarding its operating segments, headquarters location, and geographic presence are not provided in the available data. Consequently, the company is described at the industry level without further operational breakdown.
Classification99 %
SectorConsumer Discretionary
Industry groupHotels, Motels & Cruise Lines
AI synthesis
GENERATEDThe company maintains a highly leveraged capital structure, with total liabilities of $20.33 billion against total equity of $2.21 billion, resulting in a debt-to-equity ratio reported as 0.0 in the valuation snapshot, which likely reflects a data anomaly or specific accounting treatment given the balance sheet composition. Liquidity is assessed as low, supported by cash and equivalents of $210 million, which is modest relative to the $3.26 billion in capital expenditures recorded for the period. The current ratio is not explicitly provided, but the low liquidity flag suggests tight working capital management. Operating cash flow of $2.09 billion provides a buffer, but the heavy capex load indicates significant reinvestment requirements.
Profitability metrics show a return on equity of 25.71% and a return on assets of 2.52%, indicating efficient use of equity despite the asset-heavy nature of the business. The net income of $423 million on revenue of $9.83 billion yields a net margin of approximately 4.3%, which is typical for capital-intensive logistics operations. The operating income of $1.56 billion suggests a healthy operating margin of roughly 15.9%, demonstrating strong core operational performance before interest and taxes.
Segment and geographic data are not explicitly detailed in the provided financial snapshot, limiting the ability to assess revenue concentration risks. The classification as Marine Freight & Logistics implies exposure to global trade routes and commodity cycles, but specific regional breakdowns are absent from the current data set.
Growth trajectory analysis is constrained by the absence of historical period data in the input. Without multi-year revenue or net income trends, it is not possible to determine the direction of growth or seasonality patterns from the provided information.
Risk assessment indicates low liquidity and low dilution risk, with no immediate filing-based flags detected. The low dilution risk is supported by the identical basic and diluted share counts of 455.26 million, suggesting no significant in-the-money options or convertible securities impacting the share count.
Recent events include a reconciler enqueue action related to a name-poison root-fix re-analysis, indicating a data quality correction rather than a fundamental business event. Analyst sentiment is mixed, with a mean recommendation of 2.50 (Hold) and a mean price target of $21.77, implying potential upside from the current market price of $18.18.
Key takeaways
- High leverage with $20.33B in liabilities against $2.21B in equity, though debt-to-equity is reported as 0.0.
- Strong operating margin of ~15.9% with $1.56B operating income on $9.83B revenue.
- Low liquidity risk flag despite $210M in cash, offset by $3.26B in capital expenditures.
- No dilution risk with basic and diluted shares identical at 455.26 million.
- Analyst consensus is neutral (2.50) with a mean price target of $21.77.
- Data quality event noted with reconciler enqueue for name-poison fix.
Bull / Bear case
Generated · model-assisted— missing data
In focus — financials by report
Quarterly
Annual
QUARTERLYFiled 2026-05-04
Q1 2026 · Quarter highlights
Revenue $2.33B, +9,6% YoY; Operating income +53,9% YoY.
Revenue$2.33B+9,6 % YoY
Operating income$232.9M+53,9 % YoY
Net income$104.7M+359,8 % YoY
Free cash flow-$1.05B+20,1 % YoY
EPS—
Operating cash flow$811.5M+19,5 % YoY
Financials
Income statement
Revenue$2.33B
Gross profit$953.3M
Operating income$232.9M
Net income$104.7M
Margins
Gross margin40.9%
Operating margin10.0%
Net margin4.5%
FCF margin-45.1%
Balance sheet
Total assets$23.79B
Total liabilities$21.36B
Total equity$2.43B
Cash & equivalents$185.0M
Long-term debt$15.15B
Cash flow
Operating cash flow$811.5M
CapEx-$1.44B
Free cash flow-$1.05B
SBC—
P&L flow · revenue → net income
Highlights
- ▍Revenue $2.33B, +9,6% YoY
- ▍Operating income +53,9% YoY
- ▍Net income +359,8% YoY
- ▍Free cash flow +20,1% YoY
- ▍Net margin 4.5%
QUARTERLYFiled 2026-03-02
Q4 2025 · Quarter highlights
Revenue $2.24B, +6,4% YoY; Operating income −13,1% YoY.
Revenue$2.24B+6,4 % YoY
Operating income$186.6M−13,1 % YoY
Net income$14.3M−94,4 % YoY
Free cash flow-$49.0M−119,0 % YoY
EPS—
Operating cash flow$2.09B+1,9 % YoY
Financials
Income statement
Revenue$2.24B
Gross profit$920.9M
Operating income$186.6M
Net income$14.3M
Margins
Gross margin41.0%
Operating margin8.3%
Net margin0.6%
FCF margin-2.2%
Balance sheet
Total assets$22.54B
Total liabilities$20.33B
Total equity$2.21B
Cash & equivalents$209.9M
Long-term debt$14.61B
Cash flow
Operating cash flow$2.09B
CapEx-$3.26B
Free cash flow-$49.0M
SBC—
P&L flow · revenue → net income
Highlights
- ▍Revenue $2.24B, +6,4% YoY
- ▍Operating income −13,1% YoY
- ▍Net income −94,4% YoY
- ▍Free cash flow −119,0% YoY
- ▍Net margin 0.6%
QUARTERLYFiled 2025-11-04
Q3 2025 · Quarter highlights
Revenue $2.94B, +4,7% YoY; Operating income −13,9% YoY.
Revenue$2.94B+4,7 % YoY
Operating income$595.0M−13,9 % YoY
Net income$419.3M−11,7 % YoY
Free cash flow-$271.0M−178,4 % YoY
EPS—
Operating cash flow$1.63B−1,2 % YoY
Financials
Income statement
Revenue$2.94B
Gross profit$1.38B
Operating income$595.0M
Net income$419.3M
Margins
Gross margin47.1%
Operating margin20.2%
Net margin14.3%
FCF margin-9.2%
Balance sheet
Total assets$22.21B
Total liabilities$20.02B
Total equity$2.19B
Cash & equivalents$166.8M
Long-term debt$14.52B
Cash flow
Operating cash flow$1.63B
CapEx-$2.82B
Free cash flow-$271.0M
SBC—
P&L flow · revenue → net income
Highlights
- ▍Revenue $2.94B, +4,7% YoY
- ▍Operating income −13,9% YoY
- ▍Net income −11,7% YoY
- ▍Free cash flow −178,4% YoY
- ▍Net margin 14.3%
QUARTERLYFiled 2025-07-31
Q2 2025 · Quarter highlights
Revenue $2.52B, +6,1% YoY; Operating income +4,0% YoY.
Revenue$2.52B+6,1 % YoY
Operating income$355.4M+4,0 % YoY
Net income$30.0M−81,7 % YoY
Free cash flow-$39.2M−159,7 % YoY
EPS—
Operating cash flow$1.39B−5,7 % YoY
Financials
Income statement
Revenue$2.52B
Gross profit$1.06B
Operating income$355.4M
Net income$30.0M
Margins
Gross margin42.1%
Operating margin14.1%
Net margin1.2%
FCF margin-1.6%
Balance sheet
Total assets$21.60B
Total liabilities$20.03B
Total equity$1.57B
Cash & equivalents$184.0M
Long-term debt$13.76B
Cash flow
Operating cash flow$1.39B
CapEx-$1.86B
Free cash flow-$39.2M
SBC—
P&L flow · revenue → net income
Highlights
- ▍Revenue $2.52B, +6,1% YoY
- ▍Operating income +4,0% YoY
- ▍Net income −81,7% YoY
- ▍Free cash flow −159,7% YoY
- ▍Net margin 1.2%
QUARTERLYFiled 2025-04-30
Q1 2025 · Quarter highlights
Revenue $2.13B; Operating income $151.4M.
Revenue$2.13B
Operating income$151.4M
Net income-$40.3M
Free cash flow-$1.31B
EPS—
Operating cash flow$679.2M
Financials
Income statement
Revenue$2.13B
Gross profit$823.6M
Operating income$151.4M
Net income-$40.3M
Margins
Gross margin38.7%
Operating margin7.1%
Net margin-1.9%
FCF margin-61.8%
Balance sheet
Total assets$21.35B
Total liabilities$19.94B
Total equity$1.42B
Cash & equivalents$184.4M
Long-term debt$13.99B
Cash flow
Operating cash flow$679.2M
CapEx-$1.53B
Free cash flow-$1.31B
SBC—
P&L flow · revenue → net income
Highlights
- ▍Revenue $2.13B
- ▍Operating income $151.4M
- ▍Net margin -1.9%
QUARTERLYFiled 2025-02-27
Q4 2024 · Quarter highlights
Revenue $2.11B; Operating income $214.7M.
Revenue$2.11B
Operating income$214.7M
Net income$254.5M
Free cash flow$257.7M
EPS—
Operating cash flow$2.05B
Financials
Income statement
Revenue$2.11B
Gross profit$801.8M
Operating income$214.7M
Net income$254.5M
Margins
Gross margin38.0%
Operating margin10.2%
Net margin12.1%
FCF margin12.2%
Balance sheet
Total assets$19.97B
Total liabilities$18.54B
Total equity$1.43B
Cash & equivalents$190.8M
Long-term debt$13.10B
Cash flow
Operating cash flow$2.05B
CapEx-$1.21B
Free cash flow$257.7M
SBC—
P&L flow · revenue → net income
Highlights
- ▍Revenue $2.11B
- ▍Operating income $214.7M
- ▍Net margin 12.1%
QUARTERLYFiled 2024-10-31
Q3 2024 · Quarter highlights
Revenue $2.81B; Operating income $691.0M.
Revenue$2.81B
Operating income$691.0M
Net income$474.9M
Free cash flow$345.8M
EPS—
Operating cash flow$1.65B
Financials
Income statement
Revenue$2.81B
Gross profit$1.27B
Operating income$691.0M
Net income$474.9M
Margins
Gross margin45.2%
Operating margin24.6%
Net margin16.9%
FCF margin12.3%
Balance sheet
Total assets$19.79B
Total liabilities$18.65B
Total equity$1.14B
Cash & equivalents$332.5M
Long-term debt$13.41B
Cash flow
Operating cash flow$1.65B
CapEx-$967.5M
Free cash flow$345.8M
SBC—
P&L flow · revenue → net income
Highlights
- ▍Revenue $2.81B
- ▍Operating income $691.0M
- ▍Net margin 16.9%
QUARTERLYFiled 2024-07-31
Q2 2024 · Quarter highlights
Revenue $2.37B; Operating income $341.6M.
Revenue$2.37B
Operating income$341.6M
Net income$163.4M
Free cash flow$65.7M
EPS—
Operating cash flow$1.48B
Financials
Income statement
Revenue$2.37B
Gross profit$917.7M
Operating income$341.6M
Net income$163.4M
Margins
Gross margin38.7%
Operating margin14.4%
Net margin6.9%
FCF margin2.8%
Balance sheet
Total assets$20.11B
Total liabilities$19.42B
Total equity$693.1M
Cash & equivalents$594.1M
Long-term debt$13.44B
Cash flow
Operating cash flow$1.48B
CapEx-$599.5M
Free cash flow$65.7M
SBC—
P&L flow · revenue → net income
Highlights
- ▍Revenue $2.37B
- ▍Operating income $341.6M
- ▍Net margin 6.9%
ANNUALFiled 2026-03-02
FY 2026 · Full-year highlights
Revenue $9.83B, +3,7% YoY; Operating income −10,3% YoY.
Revenue$9.83B+3,7 % YoY
Operating income$1.29B−10,3 % YoY
Net income$423.2M−53,5 % YoY
Free cash flow-$1.67B−348,8 % YoY
EPS—
Operating cash flow$2.09B+1,9 % YoY
Financials
Income statement
Revenue$9.83B
Gross profit$4.19B
Operating income$1.29B
Net income$423.2M
Margins
Gross margin42.6%
Operating margin13.1%
Net margin4.3%
FCF margin-17.0%
Balance sheet
Total assets$22.54B
Total liabilities$20.33B
Total equity$2.21B
Cash & equivalents$209.9M
Long-term debt$14.61B
Cash flow
Operating cash flow$2.09B
CapEx-$3.26B
Free cash flow-$1.67B
SBC—
P&L flow · revenue → net income
Highlights
- ▍Revenue $9.83B, +3,7% YoY
- ▍Operating income −10,3% YoY
- ▍Net income −53,5% YoY
- ▍Free cash flow −348,8% YoY
- ▍Net margin 4.3%
ANNUALFiled 2025-02-27
FY 2025 · Full-year highlights
Revenue $9.48B, +10,9% YoY; Operating income +55,8% YoY.
Revenue$9.48B+10,9 % YoY
Operating income$1.44B+55,8 % YoY
Net income$910.3M+447,8 % YoY
Free cash flow$672.8M+139,6 % YoY
EPS—
Operating cash flow$2.05B+2,2 % YoY
Financials
Income statement
Revenue$9.48B
Gross profit$3.79B
Operating income$1.44B
Net income$910.3M
Margins
Gross margin40.0%
Operating margin15.2%
Net margin9.6%
FCF margin7.1%
Balance sheet
Total assets$19.97B
Total liabilities$18.54B
Total equity$1.43B
Cash & equivalents$190.8M
Long-term debt$13.10B
Cash flow
Operating cash flow$2.05B
CapEx-$1.21B
Free cash flow$672.8M
SBC—
P&L flow · revenue → net income
Highlights
- ▍Revenue $9.48B, +10,9% YoY
- ▍Operating income +55,8% YoY
- ▍Net income +447,8% YoY
- ▍Free cash flow +139,6% YoY
- ▍Net margin 9.6%
ANNUALFiled 2024-02-27
FY 2024 · Full-year highlights
Revenue $8.55B, +76,5% YoY; Operating income +152,8% YoY.
Revenue$8.55B+76,5 % YoY
Operating income$922.1M+152,8 % YoY
Net income$166.2M+107,3 % YoY
Free cash flow-$1.70B+47,6 % YoY
EPS—
Operating cash flow$2.01B+855,0 % YoY
Financials
Income statement
Revenue$8.55B
Gross profit$3.08B
Operating income$922.1M
Net income$166.2M
Margins
Gross margin36.0%
Operating margin10.8%
Net margin1.9%
FCF margin-19.9%
Balance sheet
Total assets$19.49B
Total liabilities$19.19B
Total equity$300.8M
Cash & equivalents$402.4M
Long-term debt$14.06B
Cash flow
Operating cash flow$2.01B
CapEx-$2.75B
Free cash flow-$1.70B
SBC—
P&L flow · revenue → net income
Highlights
- ▍Revenue $8.55B, +76,5% YoY
- ▍Operating income +152,8% YoY
- ▍Net income +107,3% YoY
- ▍Free cash flow +47,6% YoY
- ▍Net margin 1.9%
ANNUALFiled 2023-02-28
FY 2023 · Full-year highlights
Revenue $4.84B, +647,5% YoY; Operating income +56,2% YoY.
Revenue$4.84B+647,5 % YoY
Operating income-$1.75B+56,2 % YoY
Net income-$2.27B+49,6 % YoY
Free cash flow-$3.24B+27,9 % YoY
EPS—
Operating cash flow$210.0M+108,5 % YoY
Financials
Income statement
Revenue$4.84B
Gross profit$576.7M
Operating income-$1.75B
Net income-$2.27B
Margins
Gross margin11.9%
Operating margin-36.0%
Net margin-46.9%
FCF margin-67.0%
Balance sheet
Total assets$18.56B
Total liabilities$18.49B
Total equity$68.6M
Cash & equivalents$947.0M
Long-term debt$13.62B
Cash flow
Operating cash flow$210.0M
CapEx-$1.78B
Free cash flow-$3.24B
SBC—
P&L flow · revenue → net income
Highlights
- ▍Revenue $4.84B, +647,5% YoY
- ▍Operating income +56,2% YoY
- ▍Net income +49,6% YoY
- ▍Free cash flow +27,9% YoY
- ▍Net margin -46.9%
Valuation TTM
Market price
$16,30
Market cap
$8.28B
Enterprise valueⓘ
$8.07B
P/Eⓘ
14.6x
Non-GAAP P/Eⓘ
—
EV / Revenueⓘ
0.8x
EV / Op incomeⓘ
5.9x
EV / OCFⓘ
3.9x
P / Bⓘ
3.8x
P / Tangible bookⓘ
3.8x
Tangible book
$2.21B
Net cashⓘ
$209.9M
Current ratioⓘ
—
Debt / equityⓘ
—
ROAⓘ
2.5%
ROEⓘ
25.7%
Cash conversionⓘ
368.0%
CapEx / revenueⓘ
-32.5%
SBC / revenueⓘ
—
Dilution ratioⓘ
0.0%
Revenue by segment
Cruise Operations—
low · business_description · 2026-07-04
Shore Excursions & Tours—
low · business_description · 2026-07-04
Business relationships
Business relationships95 disclosed relationships · 1 type · extracted from filings & disclosures
Subsidiaries95
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Supply chain
— missing data
Peer comparison
Peer comparison7 peers · vs NCLH · multiples and returns
CC
CCL—
Carnival Corp Ltd
—
—P/E
—
— vs self
Div yield
—
— vs self
ROE
—
— vs self
MA
MAR—
MARRIOTT INTERNATIONAL, INC.
$346,85
92,2B USDP/E
37,4x
+22,8 vs self
Div yield
0,8 %
— vs self
ROE
-57,5 %
-83,2 vs self
RC
RCL—
Royal Caribbean Cruises Ltd
$324,00
87,8B USDP/E
18,6x
+4,1 vs self
Div yield
1,2 %
— vs self
ROE
43,5 %
+17,8 vs self
HL
HLT—
Hilton Worldwide Holdings In
$344,46
79,2B USDP/E
54,4x
+39,8 vs self
Div yield
0,2 %
— vs self
ROE
-23,1 %
-48,8 vs self
H
H—
Hyatt Hotels Corp
$187,40
17,9B USDP/E
—
— vs self
Div yield
0,1 %
— vs self
ROE
-1,0 %
-26,7 vs self
IH
IHG—
Intercontinental Hotels
—
—P/E
—
— vs self
Div yield
—
— vs self
ROE
—
— vs self
VA
VAC—
Marriott Vacations World
$97,40
3,3B USDP/E
—
— vs self
Div yield
3,2 %
— vs self
ROE
-15,4 %
-41,2 vs self
Market position
Stress test
— missing data
Predictor forecast
Next quarternear-term
Earnings · next quarterconf 35 %
EPS
Consensus EPS
1,67
Predicted surprise
+0,04
Beat probability
35 %
Analysts
28
Other metrics
Revenue
—
no estimate
Segment revenue
—
no estimate
Margin
—
no estimate
Segment margin
—
no estimate
revision ratio -0,21 · as of 2026-07-28 · Earnings Surprise V1
Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
Full fiscal year~1 year ahead
Full fiscal year · our forecast vs guidance vs consensus
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 1,67 |
| Revenue | —no estimate | —no estimate | 10,1B USD |
| Operating income | —no estimate | —no estimate | 1,4B USD |
Full-year consensus mean (period as reported by source) · consensus in USD. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
Probabilistic model output — not investment advice. · generated 2026-08-04
Options
— missing data
Short squeeze
— missing data
Earnings-call key lines
— missing data
Consensus distribution
sell-side coverageRecommendation distribution28 analysts
Strong buy4
Buy7
Hold16
Sell1
Strong sell0
12-month price target$21,77 · Median $22,00
Low $15,00High $32,00
Operating income · consensus1,4B USD
EPS surprise
+26,4 %
reported vs consensus · beat
Revenue surprise
−3,0 %
reported vs consensus · miss
Estimate revisions
consensus EPS · 26-week trend— missing data
Sell-side observations
Low$15,00
Mean$21,77
Median$22,00
High$32,00
Spot$16,30
+33.5 %implied to mean12-month sell-side price targets · ▲ spot
Themes
— missing data
ESG
— missing data
Risk factors
Dilution riskLow
Liquidity riskLow
Filing-based flags
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Op Margin13,7 %Above median
Net Margin5,7 %Below median
ROE25,7 %Best in class
Capex / Rev-32,5 %Bottom quartile
D/E0,00Above P75
Cash Conv3,68Above P75
Corporate actions / M&A
— missing data
FX exposure
— missing data
Comparable transactions
— missing data
Derivatives & instruments
Derivative transactions
Net acquired 1 172 638 sh1 grants1 insiders
- Director, President and CEO · Performance Share Units → Common StockAcquired 1 172 638grant · 2026-03-26
Physical assets
33 tracked| Asset | Type | Commodity | Country | Role |
|---|---|---|---|---|
| ALLURA | Vessel | — | Ionian Sea | Manager |
| ALLURA | Vessel | — | Ionian Sea | Registered owner |
| INSIGNIA | Vessel | — | Baltic Sea | Registered owner |
| MARINA | Vessel | — | Baltic Sea | Registered owner |
| NAUTICA | Vessel | — | Tyrrhenian Sea | Registered owner |
| NORWEGIAN AQUA | Vessel | — | West Atlantic Ocean (Americas) | Registered owner |
| NORWEGIAN BLISS | Vessel | — | Gulf of Alaska, United States | Registered owner |
| NORWEGIAN BREAKAWAY | Vessel | — | North Atlantic Ocean | Registered owner |
| NORWEGIAN DAWN | Vessel | — | West Med, Gibraltar Strait Waypoint | Registered owner |
| NORWEGIAN ENCORE | Vessel | — | Gulf of Alaska, United States | Registered owner |
| NORWEGIAN EPIC | Vessel | — | Ligurian Sea | Registered owner |
| NORWEGIAN ESCAPE | Vessel | — | Quintana Roo, Caribbean Sea, Mexico | Registered owner |
| NORWEGIAN GETAWAY | Vessel | — | West Atlantic Ocean (Americas) | Registered owner |
| NORWEGIAN JADE | Vessel | — | North Pacific Ocean (North America) | Registered owner |
| NORWEGIAN JEWEL | Vessel | — | West Atlantic Ocean (Americas), United States, South Carolina | Registered owner |
| NORWEGIAN JOY | Vessel | — | Gulf of Alaska | Registered owner |
| NORWEGIAN LUNA | Vessel | — | Caribbean Sea, U.S. Virgin Islands | Registered owner |
| NORWEGIAN PRIMA | Vessel | — | West Atlantic Ocean (Americas), Dominican Republic | Registered owner |
| NORWEGIAN SKY | Vessel | — | English Channel | Registered owner |
| NORWEGIAN SPIRIT | Vessel | — | Samoa, South Pacific Ocean (South America) | Registered owner |
| NORWEGIAN STAR | Vessel | — | North Sea | Registered owner |
| NORWEGIAN SUN | Vessel | — | Baltic Sea, Skaw Waypoint | Registered owner |
| NORWEGIAN VIVA | Vessel | — | Adriatic Sea, Montenegro | Registered owner |
| REGATTA | Vessel | — | East Atlantic Ocean (Africa) | Registered owner |
| RIVIEP OPPLCIP | Vessel | — | Gulf of Alaska | Registered owner |
| SEVEN SEAS EXPLORER | Vessel | — | North Pacific Ocean (North America) | Registered owner |
| SEVEN SEAS GRANDEUR | Vessel | — | English Channel | Registered owner |
| SEVEN SEAS NAVIGATOR | Vessel | — | South Atlantic Ocean, Angola | Registered owner |
| SEVEN SEAS VOYAGER | Vessel | — | Adriatic Sea, Italy | Registered owner |
| SIRENA | Vessel | — | West Med | Registered owner |
| SPIRIT OF ST. GEORGE | Vessel | — | West Atlantic Ocean (Americas) | Registered owner |
| VISTA | Vessel | — | North Atlantic Ocean | Registered owner |
| VISTA | Vessel | — | North Atlantic Ocean | Manager |
Tracked physical assets associated with this issuer (operated, managed, or owned).
Actions
Ask Handelsavisen
— missing data
Data sources
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
How metrics are computed
- Cash Conversion Ratiooperating_cash_flow / net_income
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Ev To Revenueenterprise_value / revenue
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Return On Equitynet_income / total_equity
- Market Capmarket_price * shares_outstanding_diluted
Source documents
- NORWEGIAN CRUISE LINE HOLDINGS LTD. Market data — financials · 2026-07-28
- reconciler_enqueue (reconciler) on NCLH.K · 2026-07-28
- Norwegian Cruise Line Holdings Ltd Market data — analyst estimates · 2026-07-28
- Norwegian Cruise Line Holdings Ltd Market data — ESG · 2026-07-28
- NCLH.K HA canonical relationships · 2026-07-28
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,01 %$234M
- Institutional Investor · as of 2026-03-310,01 %$44M
- Institutional Investor · as of 2026-03-310,00 %$9M
Leadership
- Frank J. Del RioPresident, Chief Executive Officer, Director
Insider activity
Net buying10 buys · 0 sellsnet $29,2M14 insiders · last 365d
- Director · Common StockBought 685 000 @ $18,06$12,4M · 2026-06-02
- Director · Common StockBought 695 000 @ $18,16$12,6M · 2026-06-01
- Director, President and CEO · Common StockBought 153 000 @ $16,37$2,5M · 2026-05-22
- Director · Common StockBought 30 000 @ $15,83$475K · 2026-05-20
- Director · Common StockBought 10 000 @ $14,91$149K · 2026-05-19
- Director · Common StockBought 5 000 @ $15,25$76K · 2026-05-18
- Director · Common StockBought 15 000 @ $16,54$248K · 2026-05-11
- Director · Common StockBought 11 400 @ $17,28$197K · 2026-05-07
- Director · Common StockBought 25 015 @ $17,67$442K · 2026-05-07
- Director · Common StockBought 4 452 @ $17,83$79K · 2026-05-07
- Director · Common StockOther 8 912 · 2026-04-13
- Director · Common StockOther 8 912 · 2026-04-13
- Director · Common StockOther 8 912 · 2026-04-13
- Director · Common StockOther 8 912 · 2026-04-13
- Director · Common StockOther 8 912 · 2026-04-13
- Director, President and CEO · Common StockOther 967 254 · 2026-03-26
- EVP GC, CDO & Sec'y · Common StockOther 44 887 @ $20,05$900K · 2026-03-06
- SVP & Chief Accounting Officer · Common StockOther 29 925 @ $20,05$600K · 2026-03-06
- See Remarks · Common StockOther 54 862 @ $20,05$1,1M · 2026-03-06
- See Remarks · Common StockOther 54 862 @ $20,05$1,1M · 2026-03-06
- Chief Luxury Officer · Common StockOther 54 862 @ $20,05$1,1M · 2026-03-06
- EVP & CFO · Common StockOther 47 880 @ $20,05$960K · 2026-03-06
- EVP & CFO · Common StockOther 46 074 @ $24,79$1,1M · 2026-03-01
- EVP & CFO · Common StockOther 8 664 @ $24,79$215K · 2026-03-01
- EVP & CFO · Common StockOther 7 208 @ $24,79$179K · 2026-03-01
Short positioning
81.7Mshares short-3.3% vs prior
6.05days to cover
51.3%short of daily vol
36.3Kfails-to-deliver
as of 2026-07-15 · short-interest report (free)
Index membership
S&P 500United States
Geographic breakdown
— missing data
Listings · one canonical issuer
all listings resolve to the canonical
NCLH.KCanonical
NYSE · USD
Intel & risk
What changed
no material change vs prior analysis (walked 17 fields; 4 schema-expansion field(s) excluded)
- Narrative— → —medium
- Business summary— → —medium
- Conclusion— → —medium
- Key takeaways— → —medium
- Company share pct— → —medium
vs prior analysis 60 days ago
peak dispatch · —
OSINT findings
Dilution riskLow
Liquidity riskLow
No immediate filing-based liquidity or dilution flags were detected.
Relationship graph
This companyPeerSectorSubsidiaries
Evidence & claims
From filings & derived data- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 55.0%Derived (calculated)
- Return on equity (FY 2025-12-31): 19.2%Derived (calculated)
- Return on assets (FY 2025-12-31): 1.9%Derived (calculated)
- Current ratio (FY 2025-12-31): 0.21xDerived (calculated)
- Debt-to-equity (FY 2025-12-31): 9.20xDerived (calculated)
- Capex (YoY) (2025-12-31 vs 2024-12-31): 169.2%Derived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): 10.0%Derived (calculated)
- Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): -0.9%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): -55.0%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): -51.3%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): -53.5%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): 1.9%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): 6.5%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): 12.9%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 9.6%Derived (calculated)
- Cost of revenue (annual): USD 5.64BSEC XBRL filing
- Operating cash flow (annual): USD 2.09BSEC XBRL filing
- Current liabilities (annual): USD 5.45BSEC XBRL filing
- Operating income (annual): USD 1.56BSEC XBRL filing
- Current assets (annual): USD 1.14BSEC XBRL filing
- Total operating expenses (annual): USD 2.63BSEC XBRL filing
- Net income (annual): USD 423.2MSEC XBRL filing
- Total assets (annual): USD 22.54BSEC XBRL filing
- Total liabilities (annual): USD 20.33BSEC XBRL filing
Showing 24 of 51 surfaced claims.
Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.
The Thread
Everything we know, in order2026-10-28EVENTUpcomingQ3 2026 earnings (expected) estimated date
2026-07-30 00:00 UTCTRANSCRIPTEarnings call — Q3 2026
2026-07-30EVENTQ2 2026 earnings (expected) estimated date
2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
2026-06-02 00:00 UTCINSIDER2 insider transactions — 2026-06 · net buy $25.0M
2026-06-02INSIDERPAGLIUCA STEPHEN G bought 685.0k sh — Director ~$12.37M
2026-06-01INSIDERPAGLIUCA STEPHEN G bought 695.0k sh — Director ~$12.62M
2026-05-22 00:00 UTCINSIDER8 insider transactions — 2026-05 · net buy $4.2M
2026-05-22INSIDERCHIDSEY JOHN bought 153.0k sh — Director, President and CEO ~$2.50M
2026-05-20INSIDERCOHEN JONATHAN Z bought 30.0k sh — Director ~$475k
2026-05-19INSIDERCil Jose E. bought 10.0k sh — Director ~$149k
2026-05-18INSIDERCil Jose E. bought 5.0k sh — Director ~$76k
2026-05-11INSIDERMacDonald Brian P bought 15.0k sh — Director ~$248k
2026-05-07INSIDERLansberry Kevin Allen bought 11.4k sh — Director ~$197k
2026-05-07INSIDERByng-Thorne Zillah bought 25.0k sh — Director ~$442k
2026-05-07INSIDERByng-Thorne Zillah bought 4.5k sh — Director ~$79k
2026-05-04 06:30 UTCEARNINGSQuarterly results — Q1 2026 Revenue USD 2.33B · Net USD 104.7M
2026-04-13 00:00 UTCINSIDER5 insider transactions — 2026-04
2026-04-13INSIDERMacDonald Brian P transacted 8.9k sh — Director
2026-04-13INSIDERCruz Alex transacted 8.9k sh — Director
2026-04-13INSIDERPAGLIUCA STEPHEN G transacted 8.9k sh — Director
2026-04-13INSIDERLansberry Kevin Allen transacted 8.9k sh — Director
2026-04-13INSIDERCOHEN JONATHAN Z transacted 8.9k sh — Director
2026-03-26 00:00 UTCINSIDER12 insider transactions — 2026-03 · net buy $4.1M 1 derivative
2026-03-26INSIDERCHIDSEY JOHN transacted 967.3k sh — Director, President and CEO
2026-03-26INSIDERCHIDSEY JOHN acquired 1.17M sh Performance Share Units — Director, President and CEO
2026-03-06INSIDERFarkas Daniel S transacted 44.9k sh — EVP GC, CDO & Sec'y ~$900k
2026-03-06INSIDERAshby Faye L. transacted 29.9k sh — SVP & Chief Accounting Officer ~$600k
2026-03-06INSIDERKazlauskas Marc transacted 54.9k sh — See Remarks ~$1.10M
2026-03-06INSIDERDahlgren Patrik transacted 54.9k sh — See Remarks ~$1.10M
2026-03-06INSIDERMontague Jason transacted 54.9k sh — Chief Luxury Officer ~$1.10M
2026-03-06INSIDERKempa Mark transacted 47.9k sh — EVP & CFO ~$960k
Showing the 40 most recent of 63 entries.
The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04
Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data · Reference data
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