Norwegian Cruise Line Holdings Future Growth
Future criteria checks 4/6
Norwegian Cruise Line Holdings is forecast to grow earnings and revenue by 31.2% and 8.4% per annum respectively. EPS is expected to grow by 26.3% per annum. Return on equity is forecast to be 37.6% in 3 years.
Key information
31.2%
Earnings growth rate
26.27%
EPS growth rate
| Hospitality earnings growth | 21.7% |
| Revenue growth rate | 8.4% |
| Future return on equity | 37.57% |
| Analyst coverage | Good |
| Last updated | 07 Aug 2025 |
Recent future growth updates
Recent updates
Norwegian Cruise Line: Bookings Softness Has Subsided
Aug 01These 4 Measures Indicate That Norwegian Cruise Line Holdings (NYSE:NCLH) Is Using Debt Extensively
Jul 30
Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Stock Rockets 27% But Many Are Still Ignoring The Company
Jul 14If EPS Growth Is Important To You, Norwegian Cruise Line Holdings (NYSE:NCLH) Presents An Opportunity
Jul 09There May Be Underlying Issues With The Quality Of Norwegian Cruise Line Holdings' (NYSE:NCLH) Earnings
May 12From Sell-Off To Set Sail: Norwegian Cruise Line's Turnaround Opportunity
Apr 14Positive Sentiment Still Eludes Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Following 26% Share Price Slump
Apr 05Norwegian Cruise Line Holdings: Attractive Multiple Upside Potential
Mar 31Norwegian Cruise Line: The Results Are Better Than Not
Feb 28Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Shares Could Be 45% Below Their Intrinsic Value Estimate
Feb 21Getting In Cheap On Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Is Unlikely
Feb 06Norwegian Cruise Line: Navigating Growth With Strong Industry Tailwinds
Jan 23Norwegian Cruise Line: Balancing Between Fleet Growth And Debt
Jan 13These 4 Measures Indicate That Norwegian Cruise Line Holdings (NYSE:NCLH) Is Using Debt Extensively
Jan 03Norwegian Cruise Line: High ROE And A Strong Consumer Are Driving Returns (Rating Upgrade)
Nov 13Earnings Update: Here's Why Analysts Just Lifted Their Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) Price Target To US$28.59
Nov 10Norwegian Cruise Line: Some Upside Remains, But Gains Can Slow Down
Nov 05Subdued Growth No Barrier To Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) With Shares Advancing 28%
Nov 01Returns On Capital At Norwegian Cruise Line Holdings (NYSE:NCLH) Have Hit The Brakes
Oct 214 Positives For Norwegian Cruise Line
Sep 29Norwegian Cruise Line Holdings Ltd.'s (NYSE:NCLH) Shares Climb 25% But Its Business Is Yet to Catch Up
Sep 14Norwegian Cruise Line Holdings (NYSE:NCLH) Has No Shortage Of Debt
Sep 10
Surpassing Expectations And Navigating Risks Ignite Strong Growth And Sustainability Advances
Strong consumer demand and surpassing key metric expectations signal robust revenue growth and improved net margins through effective cost control and sustainability efforts.Norwegian Cruise Line Holdings: Sailing Towards A Brighter Horizon
Aug 19Norwegian Cruise Line Holdings Struggling In A Growing Industry
Jul 26Norwegian Cruise Line Holdings: Too Cheap To Ignore
Jul 02Norwegian Cruise Line: The Risk Versus Reward We Have Been Seeking
May 31Norwegian Cruise Line 2024 Investor Day Takeaways: She Sails Despite Debtweight
May 25Norwegian Cruise Line: 11X P/E And A Lever For Earnings Growth (Rating Upgrade)
Apr 09Norwegian Cruise Line: Ride Recovery Even Higher
Feb 28Norwegian Cruise Line: Deteriorating Risk Matrix
Dec 26Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2027 | 12,016 | 1,413 | 127 | 3,046 | 12 |
| 12/31/2026 | 11,091 | 1,145 | -34 | 2,580 | 19 |
| 12/31/2025 | 10,055 | 681 | -814 | 1,851 | 19 |
| 6/30/2025 | 9,561 | 719 | -504 | 1,966 | N/A |
| 3/31/2025 | 9,416 | 853 | -555 | 1,922 | N/A |
| 12/31/2024 | 9,480 | 910 | 839 | 2,050 | N/A |
| 9/30/2024 | 9,357 | 549 | 294 | 1,910 | N/A |
| 6/30/2024 | 9,086 | 420 | -429 | 1,947 | N/A |
| 3/31/2024 | 8,919 | 343 | -462 | 2,310 | N/A |
| 12/31/2023 | 8,550 | 166 | -745 | 2,006 | N/A |
| 9/30/2023 | 8,083 | -210 | -275 | 1,983 | N/A |
| 6/30/2023 | 7,162 | -851 | -576 | 1,855 | N/A |
| 3/31/2023 | 6,144 | -1,447 | -772 | 1,084 | N/A |
| 12/31/2022 | 4,844 | -2,270 | -1,574 | 210 | N/A |
| 9/30/2022 | 3,812 | -3,360 | -2,184 | -342 | N/A |
| 6/30/2022 | 2,350 | -3,911 | -1,864 | -1,095 | N/A |
| 3/31/2022 | 1,167 | -4,119 | -2,769 | -1,987 | N/A |
| 12/31/2021 | 648 | -4,507 | -3,221 | -2,468 | N/A |
| 9/30/2021 | 170 | -3,673 | -3,403 | -2,790 | N/A |
| 6/30/2021 | 24 | -3,504 | -3,240 | -2,710 | N/A |
| 3/31/2021 | 36 | -3,502 | -3,828 | -3,356 | N/A |
| 12/31/2020 | 1,280 | -4,013 | -3,503 | -2,556 | N/A |
| 9/30/2020 | 2,751 | -3,152 | -3,437 | -1,543 | N/A |
| 6/30/2020 | 4,658 | -2,024 | -2,496 | -547 | N/A |
| 3/31/2020 | 6,306 | -1,069 | -790 | 1,242 | N/A |
| 12/31/2019 | 6,462 | 930 | 185 | 1,823 | N/A |
| 9/30/2019 | 6,363 | 964 | 981 | 1,802 | N/A |
| 6/30/2019 | 6,307 | 983 | 1,133 | 1,863 | N/A |
| 3/31/2019 | 6,165 | 970 | N/A | 1,992 | N/A |
| 12/31/2018 | 6,055 | 955 | N/A | 2,075 | N/A |
| 9/30/2018 | 5,923 | 899 | N/A | 1,962 | N/A |
| 6/30/2018 | 5,717 | 829 | N/A | 1,935 | N/A |
| 3/31/2018 | 5,539 | 801 | N/A | 1,777 | N/A |
| 12/31/2017 | 5,396 | 760 | N/A | 1,601 | N/A |
| 9/30/2017 | 5,272 | 733 | N/A | 1,511 | N/A |
| 6/30/2017 | 5,105 | 675 | N/A | 1,411 | N/A |
| 3/31/2017 | 4,947 | 622 | N/A | 1,345 | N/A |
| 12/31/2016 | 4,874 | 633 | N/A | 1,264 | N/A |
| 9/30/2016 | 4,786 | 599 | N/A | 1,158 | N/A |
| 6/30/2016 | 4,586 | 509 | N/A | 1,079 | N/A |
| 3/31/2016 | 4,484 | 522 | N/A | 1,057 | N/A |
| 12/31/2015 | 4,345 | 427 | N/A | 1,042 | N/A |
| 9/30/2015 | 4,097 | 363 | N/A | 908 | N/A |
| 6/30/2015 | 3,720 | 313 | N/A | 828 | N/A |
| 3/31/2015 | 3,400 | 266 | N/A | 722 | N/A |
| 12/31/2014 | 3,126 | 338 | N/A | 636 | N/A |
| 9/30/2014 | 2,937 | 400 | N/A | 778 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NCLH's forecast earnings growth (31.2% per year) is above the savings rate (3.1%).
Earnings vs Market: NCLH's earnings (31.2% per year) are forecast to grow faster than the US market (14.8% per year).
High Growth Earnings: NCLH's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NCLH's revenue (8.4% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: NCLH's revenue (8.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NCLH's Return on Equity is forecast to be high in 3 years time (37.6%)
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/08/11 05:26 |
| End of Day Share Price | 2025/08/08 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Norwegian Cruise Line Holdings Ltd. is covered by 40 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Staszak | Argus Research Company |
| Felicia Kantor Hendrix | Barclays |
| Brandt Montour | Barclays |