Norwegian Cruise Line Holdings Ltd.

NYSE•NCLH

CEO: Mr. Harry J. Sommer

セクター: Consumer Cyclical

業種: Travel Services

上場日: 2013-01-18

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean. It distributes its products through retail/travel advisor and onboard cruise sales channels, as well as meetings, incentives, and charters. Norwegian Cruise Line Holdings Ltd. was founded in 1966 and is based in Miami, Florida.

連絡先情報

7665 Corporate Center Drive, Miami, FL, 33126, United States

305-436-4000

www.nclhltd.com

時価総額

$9.61B

PER (TTM)

22.7

23.5

配当利回り

52週高値

$27.18

52週安値

$14.21

52週レンジ

53%

順位51Top 71.3%

3.0

F-Score

改良版 Piotroski 分析

10年ファンダメンタル

弱い • 3 / 9 ポイント

スコアレンジ (0-9)

8-9: 価値が優れている

6-7: 基礎体質が強い

4-5: 全体的に堅調

0-3: パフォーマンスが弱い

データ期間: 2016-2025

財務ダッシュボード

Q4 2025 データ

売上高

$2.24B+0.00%

直近4四半期の推移

EPS

$0.03+0.00%

直近4四半期の推移

フリーCF

$21.46M+0.00%

直近4四半期の推移

2025 Annual 決算ハイライト

主なハイライト

Revenue Growth Maintained Total revenue reached $9.83B USD, marking a 3.7% increase. Capacity Days grew 4.2% due to new ship deliveries.

Adjusted EBITDA Improvement Adjusted EBITDA increased 11.4% to $2.73B USD, showing strong operational leverage improvement over prior year.

Disciplined Fleet Expansion Fleet stands at 34 ships; 17 additional newbuilds planned through 2037 for sustained growth and capacity optimization.

Strong Liquidity Buffer Maintained $1.4B USD available under Revolving Loan Facility as of year-end 2025 to fund ongoing needs.

リスク要因

Debt Covenant Compliance Risk Results performance risks non-compliance with maintenance covenants in debt facilities; seeking waivers or renegotiation may increase costs.

Financing Dilution Potential Anticipated need for future equity/debt financing may dilute existing shareholders via outstanding exchangeable notes conversion.

Regulatory Cost Headwinds Environmental regulations like EU ETS impose increased costs requiring ship modifications and allowance purchases.

Operational Port Unavailability Unavailability of key ports of call due to weather, security, or local restrictions could adversely affect business operations.

見通し

Strategic Destination Investment Second phase expansion at Great Stirrup Cay includes Great Tides Waterpark opening summer 2026 to enhance guest experience.

Cost Optimization Focus Driving disciplined, company-wide cost optimization efforts to deliver sustainable savings without compromising guest experience.

Newbuild Delivery Timing New ship delivery dates reset due to sustainability modifications; future delays remain possible impacting capacity timing.

Tax Regime Monitoring Monitoring evolving global tax reforms, including Pillar 2, which could impact future effective tax rates and compliance costs.

同業比較

売上高 (TTM)

PAG

$30.73B

+0.9%

VIPS

$14.73B

-2.4%

$12.46B

+5.1%

粗利益率 (最新四半期)

MMYT

70.3%

-0.8pp

HTHT

41.6%

+0.6pp

NCLH

41.0%

+1.9pp

主要指標

銘柄コード	時価総額	PER (TTM)	ROE (TTM)	負債比率
HTHT	$16.17B	28.5	33.9%	58.5%
CCK	$12.84B	17.2	25.4%	43.3%
TXRH	$11.87B	29.1	28.2%	53.1%

長期トレンド

直近4四半期

売上高

純利益

営業キャッシュフロー

4四半期売上高CAGR

1.8%

緩やかな成長

4四半期純利益CAGR

N/M

収益構造の変化

キャッシュフロー安定性

100%

優れたキャッシュフローの実績

深度リサーチ

次回決算:2026年4月28日

EPS:-

売上高:-

財務データ

決算説明会

財務レポート

ニュース

損益計算書

バランスシート

キャッシュフロー計算書

財務比率

変化率

損益計算書	直近12ヶ月

データなし