Norwegian Cruise Line ( (NCLH) ) has released its Q4 earnings. Here is a breakdown of the information Norwegian Cruise Line presented to its investors.
Norwegian Cruise Line Holdings Ltd. is a leading global cruise company that operates Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises, offering itineraries to approximately 700 destinations worldwide. In its latest earnings report, Norwegian Cruise Line Holdings announced a record total revenue of $9.5 billion for the full year 2024, marking an 11% increase from the previous year. The company also reported a significant increase in GAAP net income, which rose by 448% to $910.3 million, and an EPS increase of 386% to $1.89. The company’s Adjusted EBITDA grew by 32% to a record $2.45 billion, reflecting strong demand and effective cost management strategies. Norwegian Cruise Line Holdings has also made strategic advancements, including the launch of its ‘Charting the Course’ strategy and an ambitious newbuild program. Looking ahead, the company has set a 2025 Adjusted EBITDA target of approximately $2.72 billion, an 11% increase from 2024, despite facing headwinds from foreign exchange and fuel costs. The company remains committed to achieving its 2026 financial targets, supported by strong consumer demand and strategic financial management.