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Norwegian Cruise Line Holdings (WBO:NCLH) Gross Margin %

: 33.46% (As of Dec. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Norwegian Cruise Line Holdings's Gross Profit for the three months ended in Dec. 2023 was €609 Mil. Norwegian Cruise Line Holdings's Revenue for the three months ended in Dec. 2023 was €1,822 Mil. Therefore, Norwegian Cruise Line Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 33.46%.


The historical rank and industry rank for Norwegian Cruise Line Holdings's Gross Margin % or its related term are showing as below:

WBO:NCLH' s Gross Margin % Range Over the Past 10 Years
Min: -148.16   Med: 38.31   Max: 44.23
Current: 36.04


During the past 13 years, the highest Gross Margin % of Norwegian Cruise Line Holdings was 44.23%. The lowest was -148.16%. And the median was 38.31%.

WBO:NCLH's Gross Margin % is ranked worse than
61.7% of 765 companies
in the Travel & Leisure industry
Industry Median: 43.19 vs WBO:NCLH: 36.04

Norwegian Cruise Line Holdings had a gross margin of 33.46% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Norwegian Cruise Line Holdings was 0.00% per year.


Norwegian Cruise Line Holdings Gross Margin % Historical Data

The historical data trend for Norwegian Cruise Line Holdings's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Norwegian Cruise Line Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.31 -32.28 -148.16 11.91 36.04

Norwegian Cruise Line Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.73 29.72 37.27 41.53 33.46

Competitive Comparison

For the Travel Services subindustry, Norwegian Cruise Line Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Norwegian Cruise Line Holdings Gross Margin % Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Norwegian Cruise Line Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Norwegian Cruise Line Holdings's Gross Margin % falls into.



Norwegian Cruise Line Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Norwegian Cruise Line Holdings's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=2825.6 / 7840.28
=(Revenue - Cost of Goods Sold) / Revenue
=(7840.28 - 5014.694) / 7840.28
=36.04 %

Norwegian Cruise Line Holdings's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=609.5 / 1821.58
=(Revenue - Cost of Goods Sold) / Revenue
=(1821.58 - 1212.102) / 1821.58
=33.46 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Norwegian Cruise Line Holdings  (WBO:NCLH) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Norwegian Cruise Line Holdings had a gross margin of 33.46% for the quarter that ended in Dec. 2023 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Norwegian Cruise Line Holdings Gross Margin % Related Terms

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Norwegian Cruise Line Holdings (WBO:NCLH) Business Description

Traded in Other Exchanges
Address
7665 Corporate Center Drive, Miami, FL, USA, 33126
Norwegian Cruise Line is the world's third-largest cruise company by berths (at more than 66,000), operating 31 ships across three brands (Norwegian, Oceania, and Regent Seven Seas), offering both freestyle and luxury cruising. The company had redeployed its entire fleet as of May 2022. With six passenger vessels on order among its brands through 2028 (representing 16,500 incremental berths), Norwegian is increasing capacity faster than its peers, expanding its brand globally. Norwegian sails to around 700 global destinations.