The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

NCLH

Concerning the House

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. It offers itineraries to destinations, such as Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, the Caribbean, and Alaska; and inter-island itinerary in Hawaii. The company also provides features, amenities, and activities, including various accommodations, dining venues, bars and lounges, spas, casino and retail shopping areas, and entertainment choices; shore excursions at each port of call, and air transportation and hotel packages for stays before or after a voyage. It offers its products and services under the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. The company was founded in 1966 and is based in Miami, Florida.

United States · www.nclhltd.com

The Long Run

FY 2013–2025 · 13 years

LineLatestCAGRTrend
Revenue$4.87B+75.4%
Operating income$1.47B+21.6%
Net income$423.25M+19.5%
Cash from ops$2.01B+26.0%
Quotation

$19.55

+0.63 (+3.3%)

52w hi$26.94
52w lo$14.79
Vol10.73M
As ofAug 13
The Verdict

Hold

Our score -0.13

Short-0.10
Medium-0.25
Long+0.02

computed 2026-08-13

By the Numbers

Norwegian Cruise Line Holdings Ltd.

Consumer Cyclical · Travel Services

Market cap$8.98B
Enterprise value$24.45B
Trailing P/E11.85x
Forward P/E11.44x
EV / EBITDA9.42x
P / S (ttm)0.88x
Profit margin7.5%
Return on equity36.7%
Revenue growth+4.9%
Earnings growth+616.3%
Debt / equity621.05
Risk Metrics
Beta vs SPX1.84
Corr SPX0.56
Annual vol53.0%
Annual ret+25.6%
Sharpe0.48
Max DD-49.1%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.32
Sector+0.01
Technical-0.02
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$19.16$19.57$18.97$19.5510.73M
Aug 12$18.94$19.12$18.66$18.928.25M
Aug 11$18.68$19.00$18.57$18.7010.24M
Aug 10$19.07$19.08$18.51$18.5514.16M
Aug 7$19.65$19.65$19.07$19.2514.43M