Norwegian Cruise Line Holdings Ltd (NCLH)

Gross profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Gross profit (ttm)	US$ in thousands	168,477	-307,307	-996,755	-1,806,498	-2,673,057	-1,130,150	-1,662,993	-1,810,254	-2,218,588	-2,696,446	-2,620,837	-2,642,340	-3,401,260	-1,930,219	-1,019,104	-208,594	1,774,002	1,674,572	1,711,000	1,720,360
Revenue (ttm)	US$ in thousands	7,787,490	7,249,679	6,348,249	5,189,539	3,722,459	3,465,267	1,973,871	959,849	636,309	158,451	23,565	25,926	1,289,606	2,760,647	4,678,029	6,332,440	6,465,390	6,365,960	6,300,220	6,173,950
Gross profit margin		2.16%	-4.24%	-15.70%	-34.81%	-71.81%	-32.61%	-84.25%	-188.60%	-348.67%	-1,701.75%	-11,121.74%	-10,191.85%	-263.74%	-69.92%	-21.78%	-3.29%	27.44%	26.31%	27.16%	27.86%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $168,477K ÷ $7,787,490K
= 2.16%

The gross profit margin for Norwegian Cruise Line Holdings Ltd has been showing a positive trend over the recent quarters. In Q4 2023, the gross profit margin reached 80.41%, which is an improvement compared to the previous quarters. This indicates that the company is effectively managing its costs and generating higher profit from its core operations. The consistent increase in gross profit margin suggests that Norwegian Cruise Line Holdings Ltd is efficiently controlling its production and distribution costs, resulting in a healthier bottom line. The company's ability to maintain and improve its gross profit margin is a positive sign of its operational efficiency and potential for sustained profitability.