Norwegian Cruise Line Holdings annual capital expenditures (capex)
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Norwegian Cruise Line Holdings Capital Expenditures (CapEx) Growth & History (NCLH)
Norwegian Cruise Line Holdings's capital expenditures (capex) was $3.26B for fiscal 2025.
View full Norwegian Cruise Line Holdings company overviewNorwegian Cruise Line Holdings annual capital expenditures (capex) history
| Fiscal year | Period ended | Capital expenditures (CapEx) | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $3.26B | $2.05B | +169.18% |
| 2024 | 2024-12-31 | $1.21B | −$1.54B | −55.97% |
| 2023 | 2023-12-31 | $2.75B | $966.5M | +54.18% |
| 2022 | 2022-12-31 | $1.78B | $1.03B | +136.95% |
| 2021 | 2021-12-31 | $752.8M | −$193.7M | −20.46% |
| 2020 | 2020-12-31 | $946.5M | −$690.6M | −42.18% |
| 2019 | 2019-12-31 | $1.64B | $70.4M | +4.49% |
| 2018 | 2018-12-31 | $1.57B | $194.6M | +14.18% |
| 2017 | 2017-12-31 | $1.37B | $280.1M | +25.65% |
| 2016 | 2016-12-31 | $1.09B | −$29.9M | −2.66% |
| 2015 | 2015-12-31 | $1.12B | $157.3M | +16.31% |
| 2014 | 2014-12-31 | $964.6M | $87.4M | +9.96% |
| 2013 | 2013-12-31 | $877.3M | $573.4M | +188.73% |
| 2012 | 2012-12-31 | $303.8M | $119.0M | +64.42% |
| 2011 | 2011-12-31 | $184.8M | — | — |
Norwegian Cruise Line Holdings quarterly capital expenditures (capex)
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Q2.26
| Fiscal quarter | Period ended | Capital expenditures (CapEx) | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $457.7M | $124.1M | +37.18% |
| Q1 2026 | 2026-03-31 | $1.44B | −$88.6M | −5.81% |
| Q4 2025 | 2025-12-31 | $437.6M | $194.2M | +79.78% |
| Q3 2025 | 2025-09-30 | $963.1M | $595.1M | +161.70% |
| Q2 2025 | 2025-06-30 | $333.6M | −$7.0M | −2.06% |
| Q1 2025 | 2025-03-31 | $1.53B | $1.27B | +489.23% |
| Q4 2024 | 2024-12-31 | $243.4M | −$404.2M | −62.41% |
| Q3 2024 | 2024-09-30 | $368.0M | −$760.5M | −67.39% |
| Q2 2024 | 2024-06-30 | $340.7M | −$395.9M | −53.75% |
| Q1 2024 | 2024-03-31 | $258.9M | $21.2M | +8.91% |
| Q4 2023 | 2023-12-31 | $647.7M | $492.2M | +316.73% |
| Q3 2023 | 2023-09-30 | $1.13B | −$173.6M | −13.33% |
| Q2 2023 | 2023-06-30 | $736.5M | $575.5M | +357.41% |
| Q1 2023 | 2023-03-31 | $237.7M | $72.4M | +43.80% |
| Q4 2022 | 2022-12-31 | $155.4M | −$57.9M | −27.14% |
| Q3 2022 | 2022-09-30 | $1.30B | $1.07B | +466.03% |
| Q2 2022 | 2022-06-30 | $161.0M | −$12.1M | −7.00% |
| Q1 2022 | 2022-03-31 | $165.3M | $28.9M | +21.22% |
| Q4 2021 | 2021-12-31 | $213.3M | $139.9M | +190.61% |
| Q3 2021 | 2021-09-30 | $230.0M | $82.4M | +55.79% |
| Q2 2021 | 2021-06-30 | $173.1M | $57.8M | +50.13% |
| Q1 2021 | 2021-03-31 | $136.3M | −$473.8M | −77.65% |
| Q4 2020 | 2020-12-31 | $73.4M | −$947.8M | −92.81% |
| Q3 2020 | 2020-09-30 | $147.7M | −$54.4M | −26.93% |
| Q2 2020 | 2020-06-30 | $115.3M | −$84.0M | −42.14% |
| Q1 2020 | 2020-03-31 | $610.2M | $395.6M | +184.38% |
| Q4 2019 | 2019-12-31 | $1.02B | $816.1M | +397.85% |
| Q3 2019 | 2019-09-30 | $202.1M | $91.9M | +83.32% |
| Q2 2019 | 2019-06-30 | $199.3M | −$908.2M | −82.00% |
| Q1 2019 | 2019-03-31 | $214.6M | $70.7M | +49.13% |
| Q4 2018 | 2018-12-31 | $205.1M | −$37.6M | −15.48% |
| Q3 2018 | 2018-09-30 | $110.2M | $46.0M | +71.59% |
| Q2 2018 | 2018-06-30 | $1.11B | $160.1M | +16.89% |
| Q1 2018 | 2018-03-31 | $143.9M | $26.1M | +22.16% |
| Q4 2017 | 2017-12-31 | $242.7M | $66.5M | +37.78% |
| Q3 2017 | 2017-09-30 | $64.2M | −$86.8M | −57.46% |
| Q2 2017 | 2017-06-30 | $947.5M | $314.6M | +49.71% |
| Q1 2017 | 2017-03-31 | $117.8M | −$14.3M | −10.79% |
| Q4 2016 | 2016-12-31 | $176.2M | −$615.0M | −77.74% |
| Q3 2016 | 2016-09-30 | $151.0M | $25.3M | +20.11% |
| Q2 2016 | 2016-06-30 | $632.9M | $500.9M | +379.72% |
| Q1 2016 | 2016-03-31 | $132.0M | $58.9M | +80.53% |
| Q4 2015 | 2015-12-31 | $791.2M | $691.4M | +692.74% |
| Q3 2015 | 2015-09-30 | $125.8M | $48.5M | +62.74% |
| Q2 2015 | 2015-06-30 | $131.9M | $90.7M | +219.77% |
| Q1 2015 | 2015-03-31 | $73.1M | −$673.2M | −90.20% |
| Q4 2014 | 2014-12-31 | $99.8M | $58.3M | +140.39% |
| Q3 2014 | 2014-09-30 | $77.3M | $526,000 | +0.69% |
| Q2 2014 | 2014-06-30 | $41.3M | −$632.6M | −93.88% |
| Q1 2014 | 2014-03-31 | $746.3M | $661.2M | +776.44% |
| Q4 2013 | 2013-12-31 | $41.5M | −$32.5M | −43.88% |
| Q3 2013 | 2013-09-30 | $76.7M | $21.9M | +39.84% |
| Q2 2013 | 2013-06-30 | $673.9M | $523.2M | +347.34% |
| Q1 2013 | 2013-03-31 | $85.2M | $60.8M | +249.94% |
| Q4 2012 | 2012-12-31 | $74.0M | — | — |
| Q3 2012 | 2012-09-30 | $54.9M | — | — |
| Q2 2012 | 2012-06-30 | $150.6M | — | — |
| Q1 2012 | 2012-03-31 | $24.3M | — | — |
Norwegian Cruise Line Holdings capital expenditures (capex) trends
Over the last five fiscal years, Norwegian Cruise Line Holdings's capital expenditures (capex) increased from $946.5M to $3.26B, a change of $2.31B. The latest reported quarter, Q2 2026, shows $457.7M.
About the metric
What capital expenditures (CapEx) mean
Capital expenditures, commonly called CapEx, are cash investments in long-lived assets such as property, plants, equipment, infrastructure, and productive software. CapEx can support future growth or maintain existing operations, but it reduces current-period free cash flow.
Calculation and source
SEC-reported capital expenditures
TickerStat standardizes cash payments for property, plant, equipment, and other productive assets reported in company SEC filings. When a filer reports separate qualifying CapEx components instead of a total, those components are combined for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Norwegian Cruise Line Holdings source filings ↗