Norwegian Cruise Line Holdings Ltd.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $4.9b $5.4b $6.1b $6.5b $1.3b $648.0m $4.8b $8.5b $9.5b $9.8b
Revenue from Contract with Customer, Including Assessed Tax $4.9b $5.4b $6.1b $6.5b $1.3b $648.0m $4.8b $8.5b $9.5b $9.8b
Cost of Revenue $3.3b $3.6b $3.9b $4.3b $862.2m $436.5m $4.3b $5.5b $5.7b $5.6b
Operating Expenses $1.1b $1.3b $1.5b $1.6b $3.1b $1.6b $2.1b $2.2b $2.3b $2.6b
Operating Income (Loss) $925.5m $1.0b $1.2b $1.2b ($3.5b) ($2.6b) ($1.6b) $930.9m $1.5b $1.6b
Additional Financial Items
Amortization of Intangible Assets $22.2m $31.2m $26.2m $18.5m $9.9m
Foreign Currency Transaction Gain (Loss), before Tax ($19.8m) $7.0m ($15.9m) $20.6m $55.8m ($28.7m) $53.3m ($180.3m)
Foreign Currency Transaction Gain (Loss), Realized $4.5m
Goodwill, Impairment Loss $0 $1.3b
Income (Loss) from Continuing Operations before Income Taxes, Domestic $401.9m
Operating Lease, Lease Income $446k $173k
Marketing, general and administrative $666.2m $773.8m $897.9m $974.9m $745.3m $891.5m $1.4b $1.3b $1.4b $1.5b
Depreciation and amortization $510.0m $561.1m $646.2m $717.8m $700.8m $749.3m $808.6m $890.2m $1.1b
Basic (in shares) 227.1m $228.0m $223.0m $214.9m $254.7m $365.4m $419.8m $424.4m $435.3m $448.5m
Diluted (in shares) 227.9m $229.4m $224.4m $216.5m $254.7m $365.4m $419.8m $427.4m $515.0m $477.7m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $640.3m $770.6m $969.3m $911.4m ($4.0b) ($4.5b) ($2.3b) $163.2m $772.9m $428.7m
Net income before income taxes $640.3m $770.6m $969.3m $911.4m ($4.0b) ($4.5b) ($2.3b) $163.2m $772.9m $428.7m
Net Income (Loss) Attributable to Parent $633.1m $759.9m $954.8m $930.2m ($4.0b) ($4.5b) ($2.3b) $166.2m $910.3m $423.2m
Earnings Per Share, Basic $2.79 $3.33 $4.28 $4.33 ($15.75) ($12.33) ($5.41) $0.39 $2.09 $0.94
Earnings Per Share, Diluted $2.78 $3.31 $4.25 $4.30 ($15.75) ($12.33) ($5.41) $0.39 $1.89 $0.92
Weighted Average Number of Shares Outstanding, Basic 227.1m 228.0m 223.0m 214.9m 254.7m 365.4m 419.8m 424.4m 435.3m 448.5m
Weighted Average Number of Shares Outstanding, Diluted 227.9m 229.4m 224.4m 216.5m 254.7m 365.4m 419.8m 427.4m 515.0m 477.7m
Selling, General and Administrative Expense $666.2m $773.8m $897.9m $974.9m $745.3m $891.5m $1.4b $1.3b $1.4b $1.5b
Labor and Related Expense $746.1m $803.6m $881.6m $924.2m $521.3m
Other Nonoperating Income (Expense) ($8.3m) ($10.4m) $20.7m $6.2m ($33.6m) $124.0m $76.6m ($40.2m) $54.2m ($178.6m)
Cost of Property Repairs and Maintenance $155.4m $157.2m $199.5m $199.7m $129.9m $199.7m $223.5m $160.8m $205.9m $212.0m
Fuel Costs $335.2m $361.0m $392.7m $409.6m $264.7m $301.9m $686.8m $716.8m $698.0m $675.9m
Other income (expense), net ($8.3m) ($10.4m) $20.7m $6.2m ($33.6m) $124.0m $76.6m ($40.2m) $54.2m ($178.6m)
Interest Expense $276.9m $267.8m $270.4m $272.9m $93.2m $2.1b $800.0m $727.5m
Interest Expense, Debt $482.3m
Interest expense, net ($267.8m) ($270.4m) ($272.9m) ($482.3m) ($2.1b) ($801.5m) ($727.5m) ($747.2m) ($953.5m)
Current Income Tax Expense (Benefit) $10.9m $2.8m $12.8m $7.3m ($351k) $3.3m ($5.5m) ($2.9m) $18.8m $1.1m
Income tax benefit (expense) ($10.7m) ($14.5m) $18.9m ($12.5m) ($5.3m) $6.8m $3.0m ($137.3m) ($5.5m)
Interest Income (Expense), Net ($276.9m)
Interest Income (Expense), Nonoperating, Net ($267.8m) ($270.4m) ($272.9m) ($482.3m) ($2.1b) ($801.5m) ($727.5m) ($747.2m) ($953.5m)
Other Operating Income (Expense), Net $8.3m $10.4m $1.2b $1.2b ($3.5b) ($2.6b) ($1.6b) $930.9m $1.5b $1.6b
Total cruise operating expense $3.1b $3.4b $3.7b $1.7b $1.6b $4.3b $5.5b $5.7b $5.6b
Total other operating expense $1.1b $1.3b $1.5b $1.6b $3.1b $1.6b $2.1b $2.2b $2.3b $2.6b
Total non-operating income (expense) ($278.2m) ($249.8m) ($266.7m) ($515.9m) ($1.9b) ($724.9m) ($767.7m) ($693.0m) ($1.1b)
Income Tax Expense (Benefit) $7.2m $10.7m $14.5m ($18.9m) $12.5m $5.3m ($6.8m) ($3.0m) ($137.3m) $5.5m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.