Norwegian Cruise Line Holdings Ltd (NCLH)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 910,257 | 166,178 | -2,269,910 | -4,506,590 | -4,012,510 |
| Revenue | US$ in thousands | 9,479,650 | 8,549,920 | 4,843,760 | 647,986 | 1,279,910 |
| Net profit margin | 9.60% | 1.94% | -46.86% | -695.48% | -313.50% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $910,257K ÷ $9,479,650K
= 9.60%
The net profit margin of Norwegian Cruise Line Holdings Ltd has experienced significant fluctuations over the years. The company reported negative net profit margins of -313.50% in December 2020 and -695.48% in December 2021, indicating substantial losses relative to its revenue during those periods.
However, the trend appears to have improved in the subsequent years, with the net profit margin improving to -46.86% in December 2022, followed by a positive turn in December 2023 with a net profit margin of 1.94%. This suggests that the company managed to generate a profit, albeit modest, in relation to its revenue in the latter period.
The most recent data point, December 31, 2024, shows a significant improvement in the company's profitability, with a net profit margin of 9.60%. This indicates that Norwegian Cruise Line Holdings Ltd has made considerable progress in enhancing its profitability and generating a healthy return on its revenue.
Overall, the company's net profit margin has shown a volatile performance in recent years, with a notable shift from substantial losses to positive profitability. This trend suggests that Norwegian Cruise Line Holdings Ltd has implemented strategic measures to improve its financial performance and enhance its bottom line.
Peer comparison
Dec 31, 2024