Norwegian Cruise Line Holdings Ltd (NCLH)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,465,910 | 930,911 | -1,551,760 | -2,552,350 | -3,484,140 |
| Revenue | US$ in thousands | 9,479,650 | 8,549,920 | 4,843,760 | 647,986 | 1,279,910 |
| Operating profit margin | 15.46% | 10.89% | -32.04% | -393.89% | -272.22% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,465,910K ÷ $9,479,650K
= 15.46%
The operating profit margin of Norwegian Cruise Line Holdings Ltd experienced significant fluctuations in recent years. As of December 31, 2020, the company reported a negative operating profit margin of -272.22%, indicating that its operating expenses exceeded its operating income by a substantial margin. This negative trend persisted in the following year, with an even wider operating profit margin of -393.89%.
However, there was a notable turnaround in the company's performance in the subsequent years. By December 31, 2022, the operating profit margin improved to -32.04%, signaling a reduction in operating losses and a move towards profitability. This positive trajectory continued into December 31, 2023, with a relatively healthy operating profit margin of 10.89%, indicating that the company generated a significant operating profit relative to its revenue.
Moreover, by the end of December 31, 2024, Norwegian Cruise Line Holdings Ltd further improved its operating profit margin to 15.46%, demonstrating efficient cost management and stronger operational performance. Overall, the company showed a remarkable recovery from substantial losses to achieving a healthy operating profit margin, reflecting its efforts to enhance profitability and operational efficiency.
Peer comparison
Dec 31, 2024