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Raw inputs
Equipment
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AI demand
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Company details
Market cap
~$8.7B
Revenue (2025)
$9.8B
Rev. growth
+3.7%
Adj. EBITDA
$2.73B
Total debt
~$14.6B
Net leverage
5.3×
Fleet
~34 ships
Occupancy
103.5%
In plain English
Norwegian Cruise Line Holdings is a global cruise company that runs three brands across the whole price ladder — mainstream Norwegian Cruise Line, upper-premium Oceania Cruises and ultra-luxury Regent Seven Seas. It operates a fleet of ~34 ships and a Bahamas private island (Great Stirrup Cay), buys its newbuilds almost entirely from Italy's Fincantieri, and funds a fleet-heavy, debt-laden balance sheet with the ticket and onboard spend of millions of holidaymakers.
In simple terms
What Norwegian Cruise Line Holdings really sells
Norwegian Cruise Line Holdings is a global cruise company that runs three brands across the whole price ladder — mainstream Norwegian Cruise Line, upper-premium Oceania Cruises and ultra-luxury Regent Seven Seas. It operates a fleet of ~34 ships and a Bahamas private island (Great Stirrup Cay), buys its newbuilds almost entirely from Italy's Fincantieri, and funds a fleet-heavy, debt-laden balance sheet with the ticket and onboard spend of millions of holidaymakers.
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