# NCLH · Norwegian Cruise Line Holdings Ltd. Snapshot 2026-10-26 · CIK 0001513761 · NYSE · Water Transportation Price 15.1 (2026-10-23, Alpaca Market Data (consolidated SIP daily bar)) · Market cap 6.93 B Machine-readable: https://theclaudetrader.com/s/NCLH.json · index: https://theclaudetrader.com/llms.txt ## Scores ### Graham Defensive: 27.5 (partial: 1) · complete: False · missing tests: 1 · current inputs as of 2026-06-30 · stale inputs: none · history 2014–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 21, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham - 1 Adequate size: None · threshold >= 1 · points None/5 - 2a Current ratio: 0.2 · threshold >= 2.0 · points 0.0/15 - 2b Long-term debt vs working capital: None LTD / WC · threshold <= 1.0 · points 0.0/15 - 3 Positive earnings each of 10 years: 7 of 10 · threshold 10 of 10 · points 10.5/15 - 4 Dividends every year for 20 years: 0 of 20 · threshold 20 of 20 · points 0.0/15 - 5 EPS growth, 3-yr avg now vs 10 yrs ago: 2.09 -> 1.07 (-49%) · threshold >= +33% · points 0.0/10 - 6 P/E on 3-year average EPS: 14.2 · threshold <= 15 · points 15.0/15 - 7 P/B <= 1.5, or P/E x P/B <= 22.5: P/B 2.69, product 38.2 · threshold <= 1.5 or <= 22.5 · points 2.0/10 Inputs: - Price (close, per traded unit): 15.1 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1 - current_assets: 1266058000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/ · unverified - current_liabilities: 6320929000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/ · unverified - lt_debt: 13893415000.0 · 2026-06-30 · SEC XBRL LongTermDebtAndCapitalLeaseObligations · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/ · unverified - equity: 2572866000.0 · 2026-06-30 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/ · unverified - Net income FY2016: 633085000.0 · 2016-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1513761/000157104917001650/ · unverified - Net income FY2017: 759872000.0 · 2017-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1513761/000155837020008069/ · unverified - Net income FY2018: 954843000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1513761/000155837021001998/ · unverified - Net income FY2019: 930228000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1513761/000155837022002516/ · unverified - Net income FY2020: -4012514000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1513761/000155837023002361/ · unverified - Net income FY2021: -4506587000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-052146) · https://www.sec.gov/Archives/edgar/data/1513761/000155837024001935/ · unverified - Net income FY2022: -2269909000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-052146) · https://www.sec.gov/Archives/edgar/data/1513761/000155837025001743/ · unverified - Net income FY2023: 166178000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-052146) · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - Net income FY2024: 910257000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-052146) · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - Net income FY2025: 423246000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-052146) · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - Dividend years (Yahoo): [] · · Yahoo Finance dividend history · https://finance.yahoo.com/quote/NCLH/history?filter=div · unverified - EPS diluted FY2014: 1.62 · 2014-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1513761/000157104917001650/ · unverified - EPS diluted FY2015: 1.86 · 2015-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1513761/000114420418011097/ · unverified - EPS diluted FY2016: 2.78 · 2016-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1513761/000114420419010508/ · unverified - EPS diluted FY2023: 0.39 · 2023-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - EPS diluted FY2024: 1.89 · 2024-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - EPS diluted FY2025: 0.92 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - Shares outstanding: 459187846.0 · 2026-07-23 · SEC cover page 10-Q 0001104659-26-089657 (459,187,846 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/nclh-20260630x10q.htm · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/R1.htm ### Magic Formula: 37.7 (ok) · complete: True · missing tests: none · current inputs as of 2026-03-31 · stale inputs: operating_income_q · history None–None · price 2026-10-23 · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/magic_formula - Earnings yield (EBIT/EV): 6.91 % · threshold · points / - Return on capital (EBIT/(NWC+PPE)): 9.96 % · threshold · points / - Combined rank: 218 · threshold · points / Inputs: - operating_income: 1560868000.0 · 2025-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ - operating_income_q: 232943000.0 · 2026-03-31 · SEC XBRL OperatingIncomeLoss (quarter CY2026Q1) · https://www.sec.gov/Archives/edgar/data/1513761/000110465926054833/ - operating_income_q: 200942000.0 · 2025-03-31 · SEC XBRL OperatingIncomeLoss (quarter CY2025Q1) · https://www.sec.gov/Archives/edgar/data/1513761/000110465926054833/ - operating_income_q: 363327000.0 · 2026-06-30 · SEC XBRL OperatingIncomeLoss (quarter CY2026Q2) · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/ - operating_income_q: 423836000.0 · 2025-06-30 · SEC XBRL OperatingIncomeLoss (quarter CY2025Q2) · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/ - current_assets: 1266058000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/ - current_liabilities: 6320929000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/ - cash: 218100000.0 · 2026-06-30 · SEC XBRL CashAndCashEquivalentsAtCarryingValue · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/ - ppe_net: 20437529000.0 · 2026-06-30 · SEC XBRL PropertyPlantAndEquipmentNet · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/ - debt_incl_current: 15467745000.0 · 2026-06-30 · SEC XBRL LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/ - shares_out: 459187846.0 · 2026-07-23 · SEC cover page 10-Q 0001104659-26-089657 (459,187,846 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/nclh-20260630x10q.htm · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/R1.htm - Price (close): 15.1 · 2026-10-23 · Yahoo Finance / Alpaca Market Data · - note: debt = LongTermDebt (incl. current maturities) · · · ### Momentum: 16.9 (ok) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price 2026-10-23 · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/momentum - 12-1 month return: -39.6 % · threshold · points 1.9/50 - 6 month return: -18.0 % · threshold · points 2.3/20 - Price / 52-week high: 0.604 · threshold · points 9.1/15 - Volatility penalty (60d annualised): 38.4 % · threshold · points 3.7/15 Inputs: - Adjusted close series (14 months): 15.1 · 2026-10-23 · Yahoo Finance / Alpaca Market Data daily history · ### Insider: 0.0 (no open-market transactions in window) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/insider - Open-market buy value / market cap (percentile among buyers): 0.0 bp · threshold · points 0.0/35 - Distinct buyers: 0 · threshold · points 0.0/25 - Buyer seniority: 0.0 · threshold · points 0.0/20 - Recency (half-life 30d): 0.0 · threshold · points 0.0/10 - Sales penalty (excludes 10b5-1 plan sales): 0.0 bp · threshold · points -0.0/0 ### Buffett Quality: 10.5 (partial: 5) · complete: False · missing tests: 5 · current inputs as of 2026-06-30 · stale inputs: none · history 2016–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 37, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/buffett - 1 Average return on equity (net income / year-end equity): -427.3% over 8 yrs · threshold >= 15% · points 0.0/25 - 2 Profitable every year: 7 of 10 · threshold all years · points 10.5/15 - 3 Net income growth, 3-yr average now vs start of window: -6.2% a year · threshold >= +10% · points 0.0/10 - 4 Borrowings / 3-yr average earnings (years to repay): 30.9 years · threshold <= 4 · points 0.0/15 - 5 Operating margin, 5-yr average: 0 years with operating income and revenue · threshold >= 20% · points None/10 - 6 Free cash flow / net income, 5-yr (operating cash flow minus capex): None · threshold >= 1.0 · points 0.0/10 - 7 Owner-earnings yield (3-yr avg free cash flow / market cap): -5.2% · threshold >= 7% · points 0.0/15 Inputs: - Price (close, per traded unit): 15.1 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1 - Net income FY2018: 954843000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1513761/000155837021001998/ · unverified - Equity at FY2018 end: 5963001000.0 · 2018-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1513761/000155837022002516/ · unverified - Net income FY2019: 930228000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1513761/000155837022002516/ · unverified - Equity at FY2019 end: 6515579000.0 · 2019-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1513761/000155837023002361/ · unverified - Net income FY2020: -4012514000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1513761/000155837023002361/ · unverified - Equity at FY2020 end: 4354105000.0 · 2020-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1513761/000155837024001935/ · unverified - Net income FY2021: -4506587000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-052146) · https://www.sec.gov/Archives/edgar/data/1513761/000155837024001935/ · unverified - Equity at FY2021 end: 2432650000.0 · 2021-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1513761/000155837025001743/ · unverified - Net income FY2022: -2269909000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-052146) · https://www.sec.gov/Archives/edgar/data/1513761/000155837025001743/ · unverified - Equity at FY2022 end: 68591000.0 · 2022-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - Net income FY2023: 166178000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-052146) · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - Equity at FY2023 end: 300807000.0 · 2023-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - Net income FY2024: 910257000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-052146) · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - Equity at FY2024 end: 1425439000.0 · 2024-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/ · unverified - Net income FY2025: 423246000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-052146) · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - Equity at FY2025 end: 2209888000.0 · 2025-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/ · unverified - Net income FY2016: 633085000.0 · 2016-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1513761/000157104917001650/ · unverified - Net income FY2017: 759872000.0 · 2017-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1513761/000155837020008069/ · unverified - Net income FY2018: 954843000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1513761/000155837021001998/ · unverified - Net income FY2019: 930228000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1513761/000155837022002516/ · unverified - Net income FY2020: -4012514000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/1513761/000155837023002361/ · unverified - Net income FY2021: -4506587000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-052146) · https://www.sec.gov/Archives/edgar/data/1513761/000155837024001935/ · unverified - Net income FY2022: -2269909000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-052146) · https://www.sec.gov/Archives/edgar/data/1513761/000155837025001743/ · unverified - Net income FY2023: 166178000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-052146) · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - Net income FY2024: 910257000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-052146) · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - Net income FY2025: 423246000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-052146) · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - debt_incl_current: 15467745000.0 · 2026-06-30 · SEC XBRL LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/ · unverified - Operating cash flow FY2021: -2468009000.0 · 2021-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1513761/000155837024001935/ · unverified - Capital expenditure FY2021: 752843000.0 · 2021-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/1513761/000155837024001935/ · unverified - Operating cash flow FY2022: 210020000.0 · 2022-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1513761/000155837025001743/ · unverified - Capital expenditure FY2022: 1783857000.0 · 2022-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/1513761/000155837025001743/ · unverified - Operating cash flow FY2023: 2005714000.0 · 2023-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - Capital expenditure FY2023: 2750362000.0 · 2023-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - Operating cash flow FY2024: 2049823000.0 · 2024-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - Capital expenditure FY2024: 1210952000.0 · 2024-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - Operating cash flow FY2025: 2089746000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - Capital expenditure FY2025: 3259606000.0 · 2025-12-31 · SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - Shares outstanding: 459187846.0 · 2026-07-23 · SEC cover page 10-Q 0001104659-26-089657 (459,187,846 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/nclh-20260630x10q.htm · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/R1.htm ### Lynch GARP: 22.0 (ok) · complete: True · missing tests: none · current inputs as of 2026-06-30 · stale inputs: none · history 2020–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 5, 'not_cross_checked': 1} · computed 2026-10-26 · rules https://theclaudetrader.com/p/lynch - 1 PEG: P/E divided by 5-yr EPS growth (in % points): None · threshold <= 1.0 · points 0.0/30 - 2 EPS growth, 5-yr compound rate: None · threshold 12% to 35% a year · points 0.0/20 - 3 P/E on latest annual EPS: 16.4 · threshold <= 25 · points 10.0/10 - 4 Borrowings / equity: 6.01 · threshold <= 0.5 · points 0.0/15 - 5 Years of the last 5 in which EPS rose: 4 of 5 · threshold 5 of 5 · points 12.0/15 - 6 Net cash (cash minus borrowings) / market cap: -219.9% · threshold >= +10% · points 0.0/10 Inputs: - Price (close, per traded unit): 15.1 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1 - EPS diluted FY2025: 0.92 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - EPS diluted FY2020: -15.75 · 2020-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1513761/000155837023002361/ · unverified - debt_incl_current: 15467745000.0 · 2026-06-30 · SEC XBRL LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/ · unverified - equity: 2572866000.0 · 2026-06-30 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/ · unverified - cash: 218100000.0 · 2026-06-30 · SEC XBRL CashAndCashEquivalentsAtCarryingValue · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/ · unverified ### Graham Enterprising: 19.0 (ok) · complete: True · missing tests: none · current inputs as of 2026-06-30 · stale inputs: none · history 2020–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 10, 'not_cross_checked': 3} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham_enterprising - 1 Current ratio: 0.2 · threshold >= 1.5 · points 0.0/15 - 2 Borrowings vs working capital: None · threshold <= 1.1x · points 0.0/15 - 3 No earnings deficit in the last 5 years: 3 of 5 profitable · threshold 5 of 5 · points 9.0/15 - 4 Pays a current dividend: no · threshold yes · points 0.0/10 - 5 EPS higher than five years earlier: -15.75 -> 0.92 · threshold higher · points 10.0/10 - 6 Price / book value per share: 2.69 · threshold <= 1.2 · points 0.0/20 - 7 Price / net current asset value per share (current assets minus all liabilities): None · threshold <= 0.67 · points 0.0/15 Inputs: - Price (close, per traded unit): 15.1 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1 - current_assets: 1266058000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/ · unverified - current_liabilities: 6320929000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/ · unverified - Net income FY2021: -4506587000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-052146) · https://www.sec.gov/Archives/edgar/data/1513761/000155837024001935/ · unverified - Net income FY2022: -2269909000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-052146) · https://www.sec.gov/Archives/edgar/data/1513761/000155837025001743/ · unverified - Net income FY2023: 166178000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-052146) · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - Net income FY2024: 910257000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-052146) · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - Net income FY2025: 423246000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-052146) · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - Dividend years (Yahoo): [] · · Yahoo Finance dividend history · https://finance.yahoo.com/quote/NCLH/history?filter=div - EPS diluted FY2025: 0.92 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - EPS diluted FY2020: -15.75 · 2020-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/1513761/000155837023002361/ · unverified - equity: 2572866000.0 · 2026-06-30 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/ · unverified - Shares outstanding: 459187846.0 · 2026-07-23 · SEC cover page 10-Q 0001104659-26-089657 (459,187,846 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/nclh-20260630x10q.htm · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/R1.htm ### Piotroski F-Score: 44.4 (partial: 8, 9) · complete: False · missing tests: 8, 9 · current inputs as of None · stale inputs: none · history 2024–2026 · price None · verification {'verified': 0, 'mismatch': 0, 'unverified': 19, 'not_cross_checked': 0} · computed 2026-10-26 · rules https://theclaudetrader.com/p/piotroski - 1 Return on assets is positive: 1.9% · threshold pass = 1 · points 11.11111111111111/11.11111111111111 - 2 Operating cash flow is positive: 2,090M · threshold pass = 1 · points 11.11111111111111/11.11111111111111 - 3 Return on assets improved on the prior year: 4.6% -> 1.9% · threshold pass = 1 · points 0.0/11.11111111111111 - 4 Operating cash flow exceeds net income (accruals): 2,090M vs 423M · threshold pass = 1 · points 11.11111111111111/11.11111111111111 - 5 Long-term debt / assets fell: 59.0% -> 60.9% · threshold pass = 1 · points 0.0/11.11111111111111 - 6 Current ratio improved: 0.17 -> 0.21 · threshold pass = 1 · points 11.11111111111111/11.11111111111111 - 7 No new shares issued (share count did not rise): 452M -> 459M · threshold pass = 1 · points 0.0/11.11111111111111 - 8 Operating margin improved (stand-in for gross margin, which the dataset does not carry): None · threshold pass = 1 · points None/11.11111111111111 - 9 Asset turnover (revenue / assets) improved: None · threshold pass = 1 · points None/11.11111111111111 Inputs: - net_income 2025-12-31: 423246000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-052146) · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - total_assets 2025-12-31: 22541401000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/ · unverified - cfo 2025-12-31: 2089746000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - net_income 2025-12-31: 423246000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-052146) · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - net_income 2024-12-31: 910257000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-052146) · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - total_assets 2025-12-31: 22541401000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/ · unverified - total_assets 2024-12-31: 19969811000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - cfo 2025-12-31: 2089746000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - net_income 2025-12-31: 423246000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001104659-26-052146) · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - lt_debt 2025-12-31: 13730277000.0 · 2025-12-31 · SEC XBRL LongTermDebtAndCapitalLeaseObligations · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/ · unverified - lt_debt 2024-12-31: 11776721000.0 · 2024-12-31 · SEC XBRL LongTermDebtAndCapitalLeaseObligations · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - total_assets 2025-12-31: 22541401000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/ · unverified - total_assets 2024-12-31: 19969811000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - current_assets 2025-12-31: 1138541000.0 · 2025-12-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/ · unverified - current_assets 2024-12-31: 1010104000.0 · 2024-12-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - current_liabilities 2025-12-31: 5452577000.0 · 2025-12-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/ · unverified - current_liabilities 2024-12-31: 5780865000.0 · 2024-12-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ · unverified - shares_out 2026-07-23: 459187846.0 · 2026-07-23 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/ · unverified - shares_out 2025-07-31: 451937084.0 · 2025-07-31 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/1513761/000155837025010053/ · unverified ## Market value, source trail - Formula: market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used - Traded price: 15.1 on 2026-10-23 (USD per traded unit (share or ADS)) · https://docs.alpaca.markets/docs/historical-stock-data-1 - SEC shares outstanding: 459,187,846 underlying shares, period 2026-07-23, SEC cover page 10-Q 0001104659-26-089657 (459,187,846 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/nclh-20260630x10q.htm, accession 0001104659-26-089657 · https://www.sec.gov/Archives/edgar/data/1513761/000110465926089657/R1.htm - Depositary ratio: 1.0 (domestic; 10-K filer; SEC shares are the traded units) · None - Market value (price date x latest reported shares): 6,933,736,475 USD; 15.1 (price 2026-10-23) / 1 x 459,187,846 (shares at 2026-07-23) = 6,933,736,475 ## Revenue by fiscal year (SEC XBRL; FY = calendar year in which the fiscal year ends) - FY2013 (ended 2013-12-31): 2570294000.0 · https://www.sec.gov/Archives/edgar/data/1513761/000157104916012414/ - FY2014 (ended 2014-12-31): 3125881000.0 · https://www.sec.gov/Archives/edgar/data/1513761/000157104917001650/ - FY2015 (ended 2015-12-31): 4345048000.0 · https://www.sec.gov/Archives/edgar/data/1513761/000114420418011097/ - FY2016 (ended 2016-12-31): 4874340000.0 · https://www.sec.gov/Archives/edgar/data/1513761/000114420418011097/ - FY2017 (ended 2017-12-31): 5396175000.0 · https://www.sec.gov/Archives/edgar/data/1513761/000114420418011097/ ## Net income by fiscal year (SEC XBRL) - FY2013 (ended 2013-12-31): 101714000.0 · https://www.sec.gov/Archives/edgar/data/1513761/000157104916012414/ - FY2014 (ended 2014-12-31): 338352000.0 · https://www.sec.gov/Archives/edgar/data/1513761/000157104917001650/ - FY2015 (ended 2015-12-31): 427137000.0 · https://www.sec.gov/Archives/edgar/data/1513761/000157104917001650/ - FY2016 (ended 2016-12-31): 633085000.0 · https://www.sec.gov/Archives/edgar/data/1513761/000157104917001650/ - FY2017 (ended 2017-12-31): 759872000.0 · https://www.sec.gov/Archives/edgar/data/1513761/000155837020008069/ - FY2018 (ended 2018-12-31): 954843000.0 · https://www.sec.gov/Archives/edgar/data/1513761/000155837021001998/ - FY2019 (ended 2019-12-31): 930228000.0 · https://www.sec.gov/Archives/edgar/data/1513761/000155837022002516/ - FY2020 (ended 2020-12-31): -4012514000.0 · https://www.sec.gov/Archives/edgar/data/1513761/000155837023002361/ - FY2021 (ended 2021-12-31): -4506587000.0 · https://www.sec.gov/Archives/edgar/data/1513761/000155837024001935/ - FY2022 (ended 2022-12-31): -2269909000.0 · https://www.sec.gov/Archives/edgar/data/1513761/000155837025001743/ - FY2023 (ended 2023-12-31): 166178000.0 · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ - FY2024 (ended 2024-12-31): 910257000.0 · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ - FY2025 (ended 2025-12-31): 423246000.0 · https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/ ## EPS diluted by fiscal year (split-adjusted to today's share basis; as filed in brackets) - FY2013 (ended 2013-12-31): 0.49 [filed 0.49, split factor 1.0] - FY2014 (ended 2014-12-31): 1.62 [filed 1.62, split factor 1.0] - FY2015 (ended 2015-12-31): 1.86 [filed 1.86, split factor 1.0] - FY2016 (ended 2016-12-31): 2.78 [filed 2.78, split factor 1.0] - FY2017 (ended 2017-12-31): 3.31 [filed 3.31, split factor 1.0] - FY2018 (ended 2018-12-31): 4.25 [filed 4.25, split factor 1.0] - FY2019 (ended 2019-12-31): 4.3 [filed 4.3, split factor 1.0] - FY2020 (ended 2020-12-31): -15.75 [filed -15.75, split factor 1.0] - FY2021 (ended 2021-12-31): -12.33 [filed -12.33, split factor 1.0] - FY2022 (ended 2022-12-31): -5.41 [filed -5.41, split factor 1.0] - FY2023 (ended 2023-12-31): 0.39 [filed 0.39, split factor 1.0] - FY2024 (ended 2024-12-31): 1.89 [filed 1.89, split factor 1.0] - FY2025 (ended 2025-12-31): 0.92 [filed 0.92, split factor 1.0] ## Dividend years (Yahoo history) none ## Insider transactions (SEC Form 4 data set, latest 40) - 2026-06-02 P PAGLIUCA STEPHEN G (director) 685000 @ 18.06 = 12371100 · https://www.sec.gov/Archives/edgar/data/1513761/000110465926070113/ - 2026-06-01 P PAGLIUCA STEPHEN G (director) 695000 @ 18.16 = 12621200 · https://www.sec.gov/Archives/edgar/data/1513761/000110465926070113/ - 2026-05-22 P CHIDSEY JOHN (CEO) 153000 @ 16.37 = 2504610 · https://www.sec.gov/Archives/edgar/data/1513761/000110465926066326/ - 2026-05-20 P COHEN JONATHAN Z (director) 30000 @ 15.83 = 474900 · https://www.sec.gov/Archives/edgar/data/1513761/000110465926065152/ - 2026-05-19 P Cil Jose E. (director) 10000 @ 14.91 = 149100 · https://www.sec.gov/Archives/edgar/data/1513761/000110465926063829/ - 2026-05-18 P Cil Jose E. (director) 5000 @ 15.25 = 76250 · https://www.sec.gov/Archives/edgar/data/1513761/000110465926063829/ - 2026-05-11 P MacDonald Brian P (director) 15000 @ 16.54 = 248100 · https://www.sec.gov/Archives/edgar/data/1513761/000110465926059407/ - 2026-05-07 P Byng-Thorne Zillah (director) 4452 @ 17.83 = 79379 · https://www.sec.gov/Archives/edgar/data/1513761/000110465926058286/ - 2026-05-07 P Byng-Thorne Zillah (director) 25015 @ 17.67 = 442015 · https://www.sec.gov/Archives/edgar/data/1513761/000110465926058286/ - 2026-05-07 P Lansberry Kevin Allen (director) 11400 @ 17.28 = 196992 · https://www.sec.gov/Archives/edgar/data/1513761/000110465926058839/ ## Links - sec_filings: https://www.sec.gov/edgar/browse/?CIK=0001513761 - sec_xbrl_companyfacts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001513761.json - sec_form4: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001513761&type=4 - sec_8k: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001513761&type=8-K - yahoo: https://finance.yahoo.com/quote/NCLH - stooq: https://stooq.com/q/d/?s=nclh.us - morningstar (link only, nothing stored): https://www.morningstar.com/search?query=NCLH - finviz (link only, nothing stored): https://finviz.com/quote.ashx?t=NCLH - stockanalysis (link only, nothing stored): https://stockanalysis.com/stocks/nclh/ - seeking_alpha (link only, nothing stored): https://seekingalpha.com/symbol/NCLH - openinsider (link only, nothing stored): http://openinsider.com/search?q=NCLH - google_news (link only, nothing stored): https://news.google.com/rss/search?q=NCLH+stock Cite as: The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/NCLH; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23. Scores are deterministic rule outputs from public filings. fair_value_model is a labelled model estimate from the same filings (method at /fair-value), not an opinion or recommendation.