What is the current annual debt to equity of NCLH?

As of today, NCLH annual debt to equity is 7.03

What is 1-year change in NCLH annual debt to equity?

NCLH annual debt to equity is down -27.97% year-over-year

What is 3-year change in NCLH annual debt to equity?

NCLH annual debt to equity is down -96.62% over the past 3 years

How far is NCLH annual debt to equity from its all-time high?

NCLH annual debt to equity is currently -96.62% below its historical high of 207.74 set on December 31, 2022

How does NCLH annual debt to equity rank versus sector peers?

NCLH annual debt to equity is higher than 96.32% of companies in Consumer Cyclical sector

When is NCLH next annual earnings release?

The next annual earnings release for NCLH is on March 1, 2027

What is the current quarterly debt to equity of NCLH?

As of today, NCLH quarterly debt to equity is 5.09

What is NCLH quarterly debt to equity most recent change?

NCLH quarterly debt to equity was down -18.04% on September 30, 2026

What is 1-year change in NCLH quarterly debt to equity?

NCLH quarterly debt to equity is down -27.29% year-over-year

How far is NCLH quarterly debt to equity from its all-time high?

NCLH quarterly debt to equity is currently -99.44% below its historical high of 903.85 set on June 30, 2023

How does NCLH quarterly debt to equity rank versus sector peers?

NCLH quarterly debt to equity is higher than 94.02% of companies in Consumer Cyclical sector

When is NCLH next earnings release?

The next earnings release for NCLH is on March 1, 2027

NCLH Debt To Equity Ratio History & Chart Since 2004

Annual Debt To Equity

7.032.73-27.97%

December 31, 2025

Summary

Current Value: As of today, NCLH annual debt to equity is 7.03, down -27.97% on December 31, 2025
Historical Performance: NCLH annual debt to equity is down -96.62% over the past 3 years, up +154.71% over the past 5 years
All-Time High Comparison: NCLH annual debt to equity is currently -96.62% below its historical high of 207.74 set on December 31, 2022
3-Year Low Comparison: NCLH annual debt to equity is at its 3-year low
Sector Comparison: NCLH annual debt to equity is higher than 96.32% of companies in Consumer Cyclical sector

Debt To Equity Chart

Performance

NCLH Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Debt To Equity	Dec 31, 25	7.03	-28.0%	-96.6%	+154.7%	+280.0%
Quarterly Debt To Equity	Sep 30, 26	5.09	-27.3%	-84.6%	+11.9%	+214.2%
Price	Nov 10, 26	$18.51	-2.8%	+40.4%	-30.8%	–
Annual Total Debt	Dec 31, 25	$15.54B	+11.6%	+9.0%	+29.4%	+384.9%
	Dec 31, 25	$2.21B	+55.0%	+3121.8%	-49.3%	+27.6%
	Dec 31, 25	0.15	+36.4%	-51.6%	-91.8%	-25.0%
	Dec 31, 25	0.12	+33.3%	-57.1%	-93.3%	-20.0%
	Dec 31, 25	$907.96M	-32.8%	-11.9%	+536.8%	+1060.5%
	Dec 31, 25	$14.63B	+16.4%	+10.7%	+23.3%	+368.0%
	Sep 30, 26	5	0.0%	0.0%	+150.0%	-28.6%
	Nov 10, 26	0.33	+22.2%	+157.9%	+32.0%	–

Debt To Equity Highs

NCLH Annual Debt To Equity Highs Comparison
Period	High	Date	Current
3Y	207.74	N/A	-96.6%
5Y	207.74	Dec 31, 22	-96.6%
All	207.74	Dec 31, 22	-96.6%

Debt To Equity Lows

NCLH Annual Debt To Equity Lows Comparison
Period	Low	Date	Current
3Y	7.03	Dec 31, 25	at low
5Y	2.76	N/A	+154.7%
All	1.08	Dec 31, 19	+550.9%

Debt To Equity History

Year	Value	Change
2025	7.03	-28.0%
2024	9.76	-80.1%
2023	48.96	-76.4%
2022	207.74	+3,739.9%
2021	5.41	+96.0%
2020	2.76	+155.6%
2019	1.08	-0.9%
2018	1.09	-0.9%
2017	1.10	-22.0%
2016	1.41	-17.1%
2015	1.70	-4.0%

Year	Value	Change
2014	1.77	+46.3%
2013	1.21	-23.4%
2012	1.58	-4.2%
2011	1.65	-10.8%
2010	1.85	+23.3%
2009	1.50	-12.3%
2008	1.71	-33.2%
2007	2.56	+45.5%
2006	1.76	+17.3%
2005	1.50	+22.0%
2004	1.23	-

FAQ

What is the current annual debt to equity of NCLH?: As of today, NCLH annual debt to equity is 7.03
What is 1-year change in NCLH annual debt to equity?: NCLH annual debt to equity is down -27.97% year-over-year
What is 3-year change in NCLH annual debt to equity?: NCLH annual debt to equity is down -96.62% over the past 3 years
How far is NCLH annual debt to equity from its all-time high?: NCLH annual debt to equity is currently -96.62% below its historical high of 207.74 set on December 31, 2022
How does NCLH annual debt to equity rank versus sector peers?: NCLH annual debt to equity is higher than 96.32% of companies in Consumer Cyclical sector
When is NCLH next annual earnings release?: The next annual earnings release for NCLH is on March 1, 2027

Debt To Equity Formula

Debt To Equity =

Total Debt

Quarterly Debt To Equity

5.091.12-18.04%

September 30, 2026

Summary

Current Value: As of today, NCLH quarterly debt to equity is 5.09, down -18.04% on September 30, 2026
Historical Performance: NCLH quarterly debt to equity is down -27.29% year-over-year, down -84.59% over the past 3 years
All-Time High Comparison: NCLH quarterly debt to equity is currently -99.44% below its historical high of 903.85 set on June 30, 2023
3-Year Low Comparison: NCLH quarterly debt to equity is at its 3-year low
Sector Comparison: NCLH quarterly debt to equity is higher than 94.02% of companies in Consumer Cyclical sector

Performance

NCLH Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Debt To Equity	Sep 30, 26	5.09	-18.0%	-27.3%	-84.6%	+11.9%
Annual Debt To Equity	Dec 31, 25	7.03	–	-28.0%	-96.6%	+154.7%
Price	Nov 10, 26	$18.51	-0.2%	-2.8%	+40.4%	-30.8%
Quarterly Total Debt	Sep 30, 26	$16.03B	+0.3%	+4.4%	+10.6%	+22.3%
	Sep 30, 26	$3.15B	+22.4%	+43.6%	+617.8%	+9.2%
	Sep 30, 26	0.23	+15.0%	+21.1%	-23.3%	-79.5%
	Sep 30, 26	0.19	+11.8%	+11.8%	-29.6%	-82.4%
	Sep 30, 26	$1.17B	-0.7%	+29.3%	-8.4%	+101.3%
	Sep 30, 26	$14.86B	+0.4%	+2.9%	+12.4%	+18.6%
	Sep 30, 26	5	0.0%	0.0%	0.0%	+150.0%
	Nov 10, 26	0.33	0.0%	+22.2%	+157.9%	+32.0%

Quarterly Debt To Equity Highs

NCLH Quarterly Debt To Equity Highs Comparison
Period	High	Date	Current
1Y	7.03	Dec 31, 25	-27.6%
3Y	48.96	Dec 31, 23	-89.6%
5Y	903.85	Jun 30, 23	-99.4%
All	903.85	Jun 30, 23	-99.4%

Quarterly Debt To Equity Lows

NCLH Quarterly Debt To Equity Lows Comparison
Period	Low	Date	Current
1Y	5.09	Sep 30, 26	at low
3Y	5.09	Sep 30, 26	at low
5Y	-138.37	Mar 31, 23	+103.7%
All	-138.37	Mar 31, 23	+103.7%

Quarterly Debt To Equity History

Month	Value	Change
Sep 2026	5.09	-18.0%
Jun 2026	6.21	-6.1%
Mar 2026	6.61	-6.0%
Dec 2025	7.03	+0.4%
Sep 2025	7.00	-24.7%
Jun 2025	9.30	-11.0%
Mar 2025	10.45	+7.1%
Dec 2024	9.76	-21.4%
Sep 2024	12.41	-39.0%
Jun 2024	20.36	-48.9%
Mar 2024	39.84	-18.6%
Dec 2023	48.96	+48.2%
Sep 2023	33.04	-96.3%
Jun 2023	903.85	+753.2%
Mar 2023	-138.37	-166.6%
Dec 2022	207.74	+467.1%
Sep 2022	36.63	+136.8%
Jun 2022	15.47	+63.4%
Mar 2022	9.47	+75.0%
Dec 2021	5.41	+18.9%
Sep 2021	4.55	+35.4%
Jun 2021	3.36	+18.3%
Mar 2021	2.84	+2.9%
Dec 2020	2.76	+1.1%
Sep 2020	2.73	+11.9%
Jun 2020	2.44	+20.8%
Mar 2020	2.02	+87.0%
Dec 2019	1.08	+3.8%
Sep 2019	1.04	-2.8%
Jun 2019	1.07	-3.6%
Mar 2019	1.11	+1.8%
Dec 2018	1.09	+2.8%
Sep 2018	1.06	-11.7%
Jun 2018	1.20	+6.2%
Mar 2018	1.13	+2.7%
Dec 2017	1.10	-7.6%
Sep 2017	1.19	-11.2%
Jun 2017	1.34	0.0%
Mar 2017	1.34	-5.0%
Dec 2016	1.41	0.0%

Month	Value	Change
Sep 2016	1.41	-11.3%
Jun 2016	1.59	-1.2%
Mar 2016	1.61	-5.3%
Dec 2015	1.70	+16.4%
Sep 2015	1.46	-5.8%
Jun 2015	1.55	-10.4%
Mar 2015	1.73	-2.3%
Dec 2014	1.77	+42.7%
Sep 2014	1.24	-6.8%
Jun 2014	1.33	-6.3%
Mar 2014	1.42	+17.4%
Dec 2013	1.21	-4.0%
Sep 2013	1.26	-10.0%
Jun 2013	1.40	+19.7%
Mar 2013	1.17	-25.9%
Dec 2012	1.58	+1.9%
Sep 2012	1.55	-9.9%
Jun 2012	1.72	+10.3%
Mar 2012	1.56	-5.5%
Dec 2011	1.65	+1.9%
Sep 2011	1.62	-6.9%
Jun 2011	1.74	-1.7%
Mar 2011	1.77	-4.3%
Dec 2010	1.85	+6.9%
Sep 2010	1.73	-9.4%
Jun 2010	1.91	+29.9%
Mar 2010	1.47	-2.0%
Dec 2009	1.50	+2.7%
Sep 2009	1.46	-8.2%
Jun 2009	1.59	-5.4%
Mar 2009	1.68	-34.4%
Dec 2007	2.56	+32.6%
Sep 2007	1.93	+3.8%
Jun 2007	1.86	+1.6%
Mar 2007	1.83	+4.0%
Dec 2006	1.76	+9.3%
Sep 2006	1.61	-3.0%
Jun 2006	1.66	+6.4%
Mar 2006	1.56	-

FAQ

What is the current quarterly debt to equity of NCLH?: As of today, NCLH quarterly debt to equity is 5.09
What is NCLH quarterly debt to equity most recent change?: NCLH quarterly debt to equity was down -18.04% on September 30, 2026
What is 1-year change in NCLH quarterly debt to equity?: NCLH quarterly debt to equity is down -27.29% year-over-year
How far is NCLH quarterly debt to equity from its all-time high?: NCLH quarterly debt to equity is currently -99.44% below its historical high of 903.85 set on June 30, 2023
How does NCLH quarterly debt to equity rank versus sector peers?: NCLH quarterly debt to equity is higher than 94.02% of companies in Consumer Cyclical sector
When is NCLH next earnings release?: The next earnings release for NCLH is on March 1, 2027

Debt To Equity Formula

Debt To Equity =

Total Debt

Data Sources & References

NCLH Official Website www.nclhltd.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1513761/000110465926022067/0001104659-26-022067-index.htm
NCLH Profile on Yahoo Finance finance.yahoo.com/quote/NCLH
NCLH Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/nclh