Norwegian Cruise Line Holdings Ltd (NCLH)

Net 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
Net income (ttm)	US$ in thousands	910,257	549,236	420,172	342,852	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
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
Net profit margin		9.60%	5.87%	4.62%	3.84%	1.94%	-2.60%	-11.88%	-23.54%	-46.86%	-88.15%	-166.44%	-353.02%	-695.48%	-2,158.84%	-14,870.69%	-9,693.11%	-313.50%	-114.59%	-43.46%	-16.95%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $910,257K ÷ $9,479,660K
= 9.60%

The net profit margin of Norwegian Cruise Line Holdings Ltd has undergone significant fluctuations over the period analyzed. Starting from negative percentages in 2020 and early 2021, the company's net profit margin was severely impacted, reaching alarming levels like -9,693.11% in March 2021 and -14,870.69% in June 2021. However, there has been a notable trend of improvement since then, with the net profit margin gradually moving towards positive territory. By the end of 2023, the company managed to achieve a net profit margin of 1.94%, which further increased to 9.60% by December 2024. This positive trajectory indicates a turnaround in the company's profitability, likely due to effective cost management, revenue growth, or a combination of both. The improving net profit margin reflects positively on Norwegian Cruise Line Holdings Ltd's financial health and operational efficiency during the latter part of the analyzed period.