Norwegian Cruise Line Holdings Ltd. (NCLH) Gross Margin: 43.05%
Is Norwegian Cruise Line Holdings Ltd.’s gross margin high or low?
Norwegian Cruise Line Holdings Ltd.'s gross margin of 43.05% is 527% above its 5-year average of -10.09%, near the high end of its 5-year range (-148.16%–43.05%).
As of Sunday, June 21, 2026. 19.65% above its 12-month average of 35.98%.
NCLH Gross Margin Chart
NCLH Average Gross Margin Chart
NCLH Current vs Average Gross Margin Chart
NCLH Gross Margin Metrics
GROSS MARGIN
43.05%
GROSS MARGIN AVG TTM
35.98%
GROSS MARGIN AVG 3Y
29.98%
GROSS MARGIN AVG 5Y
-10.09%
GROSS MARGIN AVG 10Y
13.70%
GROSS MARGIN AVG 15Y
38.03%
GROSS MARGIN AVG 20Y
33.14%
CURRENT VS TTM AVG
+19.65%
CURRENT VS 3Y AVG
+43.61%
CURRENT VS 5Y AVG
+526.73%
CURRENT VS 10Y AVG
+214.32%
CURRENT VS 15Y AVG
+13.20%
CURRENT VS 20Y AVG
+29.89%
NCLH Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Norwegian Cruise Line Holdings Ltd. (NCLH) | $9.38B | 43.05% | 35.98% | 29.98% | -10.09% |
| The Gap, Inc. (GPS)vs › | $9.21B | 40.50% | 41.03% | 40.29% | 39.00% |
| GameStop Corp. (GME)vs › | $9.66B | 34.39% | 30.78% | 27.31% | 26.07% |
| CAVA Group, Inc. (CAVA)vs › | $10.39B | 18.60% | 21.73% | 21.40% | 20.40% |
| Domino's Pizza, Inc. (DPZ)vs › | $10.39B | 40.07% | 39.62% | 38.53% | 38.60% |
| Wynn Resorts, Limited (WYNN)vs › | $10.95B | 38.72% | 38.12% | 38.96% | 34.11% |
| The Gap, Inc. (GAP)vs › | $7.61B | 40.50% | 41.03% | 38.80% | 38.18% |
| Chewy, Inc. (CHWY)vs › | $7.54B | 29.72% | 29.52% | 29.13% | 28.40% |
| Wayfair Inc. (W)vs › | $11.68B | 30.08% | 30.19% | 29.72% | 29.39% |
| Etsy, Inc. (ETSY)vs › | $7.02B | 72.01% | 72.03% | 71.22% | 71.64% |
Gross Margin Analysis
Gross Margin
43.0%
(Revenue - COGS) / Revenue
Norwegian Cruise Line Holdings Ltd. Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Norwegian Cruise Line Holdings Ltd. Gross Margin FAQ
- What is the gross margin for Norwegian Cruise Line Holdings Ltd. (NCLH)?
- The gross margin for NCLH stock is 43.05%.
- Is Norwegian Cruise Line Holdings Ltd.'s gross margin high or low?
- Norwegian Cruise Line Holdings Ltd.'s gross margin of 43.05% is 527% above its 5-year average of -10.09%, near the high end of its 5-year range (-148.16%–43.05%).
- What is the TTM average gross margin for Norwegian Cruise Line Holdings Ltd. (NCLH)?
- The TTM average gross margin for NCLH stock is 35.98%.
- What is the 3Y average gross margin for Norwegian Cruise Line Holdings Ltd. (NCLH)?
- The 3Y average gross margin for NCLH stock is 29.98%.
- What is the 5Y average gross margin for Norwegian Cruise Line Holdings Ltd. (NCLH)?
- The 5Y average gross margin for NCLH stock is -10.09%.
- What is the 10Y average gross margin for Norwegian Cruise Line Holdings Ltd. (NCLH)?
- The 10Y average gross margin for NCLH stock is 13.70%.
- What is the 15Y average gross margin for Norwegian Cruise Line Holdings Ltd. (NCLH)?
- The 15Y average gross margin for NCLH stock is 38.03%.
- What is the 20Y average gross margin for Norwegian Cruise Line Holdings Ltd. (NCLH)?
- The 20Y average gross margin for NCLH stock is 33.14%.
Norwegian Cruise Line Holdings Ltd. Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | 31.97% |
| 2024-12-31 | 39.99% |
| 2023-12-31 | 36.04% |
| 2022-12-31 | 11.91% |
| 2021-12-31 | -148.16% |
| 2020-12-31 | -32.28% |
| 2019-12-31 | 43.31% |
| 2018-12-31 | 44.23% |
| 2017-12-31 | 43.23% |
| 2016-12-31 | 41.53% |
| 2015-12-31 | 38.89% |
| 2014-12-31 | 37.73% |
| 2013-12-31 | 35.51% |
| 2012-12-31 | 35.05% |
| 2011-12-31 | 33.86% |
| 2010-12-31 | 33.04% |
| 2009-12-31 | 30.50% |
| 2008-12-31 | 25.06% |
| 2007-12-31 | 22.09% |
| 2006-12-31 | 20.69% |
| 2005-12-31 | 25.10% |
| 2004-12-31 | 26.66% |
Related Metrics
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.
- Sector
- Consumer Cyclical
- Industry
- Travel Services
- CEO
- John W. Chidsey