Norwegian Cruise Line Holdings Ltd (NCLH)
Profitability ratios
Return on sales
| 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 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% |
| Operating profit margin | 11.95% | 7.25% | -2.88% | -16.42% | -41.69% | -56.49% | -124.71% | -278.15% | -401.12% | -1,522.46% | -9,510.01% | -8,606.57% | -270.17% | -99.18% | -36.52% | -12.70% | 18.22% | 18.67% | 19.47% | 19.60% |
| Pretax margin | 2.10% | -2.90% | -13.72% | -28.29% | -61.16% | -97.11% | -197.81% | -428.31% | -707.41% | -2,296.18% | -14,741.60% | -13,428.07% | -310.18% | -114.96% | -43.41% | -16.74% | 14.10% | 14.82% | 15.27% | 15.35% |
| 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% |
The profitability ratios of Norwegian Cruise Line Holdings Ltd show mixed results over the past eight quarters.
The gross profit margin has been relatively stable, gradually increasing from 72.98% in Q4 2022 to 80.41% in Q4 2023. This indicates the company's ability to generate revenue after accounting for direct production costs.
In terms of operating profit margin, there has been significant volatility with negative margins in Q2 2022 and Q1 2022. However, there has been a positive trend in recent quarters, with the margin increasing from -51.35% in Q3 2022 to 10.89% in Q4 2023. This suggests improvements in cost management and operational efficiency.
The pretax margin and net profit margin also exhibit a similar trend of improvement over the quarters, albeit from extremely negative values. Both margins have turned positive in Q4 2023, indicating a potential turnaround in the company's overall profitability.
Overall, the improving trend in operating profit margin, pretax margin, and net profit margin is a positive sign for Norwegian Cruise Line Holdings Ltd's profitability, signaling potential recovery and enhanced financial performance.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 4.78% | 2.73% | -0.98% | -4.64% | -8.36% | -10.33% | -12.88% | -13.87% | -13.63% | -12.88% | -12.10% | -11.76% | -18.94% | -15.73% | -9.75% | -4.89% | 7.06% | 7.46% | 7.68% | 7.68% |
| Return on assets (ROA) | 0.85% | -1.09% | -4.56% | -7.88% | -12.23% | -17.73% | -20.46% | -21.39% | -24.06% | -19.61% | -18.91% | -18.46% | -21.81% | -18.11% | -11.55% | -6.49% | 5.58% | 6.05% | 6.16% | 6.15% |
| Return on total capital | 6.45% | 4.50% | -0.56% | -5.64% | -12.34% | -10.37% | -14.56% | -13.85% | -16.08% | -18.31% | -16.49% | -15.61% | -17.99% | -17.83% | -11.04% | -6.20% | 8.74% | 9.36% | 9.72% | 9.61% |
| Return on equity (ROE) | 55.24% | -47.83% | -5,591.48% | — | -3,309.34% | -840.49% | -433.64% | -273.22% | -185.25% | -127.38% | -94.22% | -80.00% | -92.15% | -77.11% | -46.68% | -24.43% | 14.28% | 15.36% | 15.99% | 16.42% |
Norwegian Cruise Line Holdings Ltd's profitability ratios show a mixed performance over the past eight quarters.
- Operating return on assets (Operating ROA) has improved steadily from negative figures in Q1 2023 to 4.78% in Q4 2023, indicating the company's ability to generate operating profits from its assets.
- Return on assets (ROA) has also shown improvement, moving from negative values in early 2023 to 0.85% in Q4 2023, signaling a gradual increase in the company's efficiency in generating profits from its assets.
- Return on total capital has fluctuated but generally showed positive results with variations over the quarters, reaching 6.48% in Q4 2023. This ratio indicates the company's overall profitability from both debt and equity sources.
- Return on equity (ROE) exhibited a significant rebound from negative figures to 55.24% in Q4 2023, suggesting a strong performance in generating profits for shareholders. The negative values in Q1 2023 and Q2 2022 were concerning, but the subsequent recovery demonstrates a potential turnaround in profitability for the company.
Overall, while there have been fluctuations in profitability ratios, Norwegian Cruise Line Holdings Ltd has shown signs of improvement in its profitability over the analyzed quarters, especially in generating returns for its shareholders.