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Norwegian Cruise Line Holdings Ltd. (NCLH)
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Norwegian Cruise Line Holdings Ltd. (NCLH) Enterprise Value (EV): $23.78B

The enterprise value (EV) for Norwegian Cruise Line Holdings Ltd. (NCLH) is $23.78B as of Sunday, June 21, 2026.

NCLH Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$23.78B

NCLH Competitors' Enterprise Value (EV)

NAMEMARKET CAPENTERPRISE VALUE (EV)
Norwegian Cruise Line Holdings Ltd. (NCLH)$9.38B$23.78B
The Gap, Inc. (GPS)vs ›$9.21B$10.51B
GameStop Corp. (GME)vs ›$9.66B$8.75B
CAVA Group, Inc. (CAVA)vs ›$10.39B$7.14B
Domino's Pizza, Inc. (DPZ)vs ›$10.39B$19.12B
Wynn Resorts, Limited (WYNN)vs ›$10.95B$23.31B
The Gap, Inc. (GAP)vs ›$7.61B$13.43B
Chewy, Inc. (CHWY)vs ›$7.54B$11.45B
Wayfair Inc. (W)vs ›$11.68B$15.68B
Etsy, Inc. (ETSY)vs ›$7.02B$7.12B

Enterprise Value Calculation

Market Cap

$9.38B

+

Total Debt

$14.61B

Cash

$209.89M

=

Enterprise Value

$23.78B

EV-Based Valuation Multiples

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

Norwegian Cruise Line Holdings Ltd. Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Norwegian Cruise Line Holdings Ltd. Enterprise Value (EV) FAQ

What is the enterprise value (EV) for Norwegian Cruise Line Holdings Ltd. (NCLH)?
The enterprise value (EV) for NCLH stock is $23.78B.

About Norwegian Cruise Line Holdings Ltd.

Norwegian Cruise Line Holdings Ltd. (NCLH), along with its subsidiary companies, operates as a major global cruise enterprise. Its operations span North America, Europe, the Asia-Pacific region, and other international markets. The company manages a portfolio of three distinct cruise brands: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. NCLH offers an extensive range of voyages, from brief three-day excursions to lengthy 180-day expeditions. These itineraries explore a comprehensive list of destinations worldwide, including Scandinavia, Russia, the Mediterranean, and the Greek Isles; the Alaskan wilderness, Canada and New England; Hawaii, Asia, Tahiti, and the South Pacific; Australia and New Zealand; Africa, India, and South America; as well as the Panama Canal and the Caribbean. As of December 31, 2021, the company commanded a fleet of 28 ships, providing approximately 59,150 berths for guests. Its travel products are distributed through multiple channels, including independent retail/travel advisors, direct sales onboard its ships, and specialized services for meetings, incentives, and private charters. Founded in 1966, Norwegian Cruise Line Holdings Ltd. maintains its corporate headquarters in Miami, Florida.

Miami, FL
41,700 employees
Consumer Cyclical / Travel Services
Sector
Consumer Cyclical
Industry
Travel Services
CEO
John W. Chidsey