Norwegian Cruise Line Holdings Ltd (NCLH)

Net 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
Net income (ttm)	US$ in thousands	166,178	-209,817	-851,079	-1,446,516	-2,269,909	-3,360,149	-3,910,640	-4,119,108	-4,506,584	-3,672,797	-3,504,278	-3,501,732	-4,012,512	-3,152,282	-2,024,332	-1,068,899	930,228	963,565	983,359	969,845
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
Net profit margin		2.13%	-2.89%	-13.41%	-27.87%	-60.98%	-96.97%	-198.12%	-429.14%	-708.24%	-2,317.94%	-14,870.69%	-13,506.64%	-311.14%	-114.19%	-43.27%	-16.88%	14.39%	15.14%	15.61%	15.71%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $166,178K ÷ $7,787,490K
= 2.13%

Norwegian Cruise Line Holdings Ltd has shown fluctuating net profit margins over the past eight quarters. In Q4 2023, the net profit margin was 1.94%, indicating the company retained approximately 1.94% of its total revenues as profit after accounting for all expenses. This marks a significant improvement from the negative figures reported in the previous quarters, such as -2.60% in Q3 2023, -11.88% in Q2 2023, and -23.54% in Q1 2023.

The company experienced a drastic decline in profitability in Q1 and Q2 of 2022, with net profit margins reaching -166.44% and -353.02%, respectively. However, this negative trend appears to have improved gradually in subsequent quarters.

Overall, Norwegian Cruise Line Holdings Ltd has shown some variability in its ability to generate profits, and investors may want to closely monitor future financial performance to assess the company's sustainability and profitability levels.