Norwegian Cruise Line Holdings Ltd (NCLH)
Gross profit margin
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Gross profit (ttm) | US$ in thousands | 3,367,276 | 3,230,132 | 3,015,782 | 3,131,374 | 3,081,336 | 2,716,363 | 2,039,685 | 1,331,668 | 576,674 | 46,742 | -616,545 | -975,769 | -960,051 | -927,202 | -824,166 | -863,530 | -413,153 | 377,456 | 1,484,182 | 2,474,758 |
Revenue (ttm) | US$ in thousands | 9,479,660 | 9,356,750 | 9,086,210 | 8,919,210 | 8,549,930 | 8,082,600 | 7,162,070 | 6,143,760 | 4,843,760 | 3,812,067 | 2,349,638 | 1,166,826 | 647,986 | 170,128 | 23,565 | 36,126 | 1,279,906 | 2,750,947 | 4,658,279 | 6,305,630 |
Gross profit margin | 35.52% | 34.52% | 33.19% | 35.11% | 36.04% | 33.61% | 28.48% | 21.68% | 11.91% | 1.23% | -26.24% | -83.63% | -148.16% | -545.00% | -3,497.42% | -2,390.33% | -32.28% | 13.72% | 31.86% | 39.25% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $3,367,276K ÷ $9,479,660K
= 35.52%
The gross profit margin of Norwegian Cruise Line Holdings Ltd has displayed a significant fluctuation over the analyzed period. The margin started at a healthy 39.25% in March 31, 2020, but then experienced a notable decline reaching -32.28% by December 31, 2020. Subsequently, the margin deteriorated drastically, hitting its lowest point in March 31, 2021 at -2,390.33%.
However, the company managed to gradually improve its gross profit margin from that point onwards, showing a recovery trend. By December 31, 2024, the margin had rebounded to a positive 35.52%, indicating an enhanced ability to generate profit from its core operations.
Overall, the journey of Norwegian Cruise Line Holdings Ltd's gross profit margin reflects a challenging period followed by a commendable recovery, highlighting the company's resilience and potential for profitability in the future.
Peer comparison
Dec 31, 2024