Norwegian cruise line holdings ltd. (NCLH)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12
Revenue
Total revenue

6,305

6,462

6,362

6,307

6,165

6,055

5,923

5,716

5,538

5,396

5,271

5,104

4,947

4,874

4,785

4,585

4,484

4,345

4,097

3,719

3,400

3,125

2,937

2,828

2,706

2,570

2,473

2,349

2,288

2,276

0

0

0

Cruise operating expense
Payroll and related

948

924

913

904

894

881

866

845

820

803

784

771

761

746

730

708

685

666

621

566

511

452

414

389

365

340

319

302

293

293

0

0

0

Fuel

436

409

402

402

397

392

382

374

365

361

353

348

342

335

339

341

352

358

357

348

334

326

315

312

309

303

302

294

290

283

0

0

0

Total cruise operating expense

3,830

3,663

3,593

3,531

3,435

3,377

3,313

3,222

3,111

3,063

3,005

2,951

2,905

2,850

2,812

2,745

2,696

2,655

2,516

2,309

2,124

1,946

1,845

1,790

1,740

1,657

1,584

1,522

1,489

1,478

0

0

0

Other operating expense
Marketing, general and administrative

996

974

953

934

919

897

874

841

808

773

749

721

677

666

647

623

581

554

551

498

473

403

327

308

299

301

297

277

265

251

0

0

0

Depreciation and amortization

674

646

627

615

599

561

548

539

521

509

491

468

450

432

435

433

433

432

398

352

311

273

245

238

228

215

207

199

192

189

0

0

0

Impairment loss

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other operating expense

3,279

1,621

1,581

1,549

1,519

1,458

1,423

1,381

1,330

1,283

1,241

1,190

1,128

1,098

1,083

1,056

1,014

987

950

850

785

676

573

546

527

516

504

477

457

440

0

0

0

Operating income (loss)

-804

1,178

1,188

1,226

1,210

1,219

1,186

1,113

1,096

1,048

1,025

961

913

925

889

783

773

702

631

558

490

502

517

491

437

395

383

350

341

357

0

0

0

Non-operating income (expense)
Interest expense, net

-268

-272

-267

-277

-284

-270

-286

-283

-274

-267

-271

-265

-270

-276

-257

-246

-230

-221

-209

-192

-171

-151

445

450

379

282

-305

-326

-271

-189

0

0

0

Other income (expense), net

12

6

22

12

21

20

12

9

-9

-10

-6

-8

-13

-8

-24

-20

-13

-46

-49

-44

-41

-10

3

-0

0

1

0

2

0

2

0

0

0

Total non-operating income (expense)

-255

-266

-245

-264

-262

-249

-273

-274

-283

-278

-278

-274

-283

-285

-281

-267

-244

-268

-259

-236

-212

-162

-116

-114

-185

-281

-305

-323

-270

-187

0

0

0

Net income (loss) before income taxes

-1,060

911

943

962

947

969

912

839

812

770

746

687

629

640

607

515

529

433

371

322

277

340

401

376

252

114

206

61

0

-

0

0

-

Income tax benefit

8

-18

-20

-21

-21

14

13

9

11

10

13

12

8

7

8

7

7

6

8

7

7

-2

-3

2

0

11

11

3

0

-

0

0

-

Net income

-

-

-

-

-

-

-

-

801

-

733

674

621

633

599

508

521

427

363

314

269

342

404

374

252

102

67

22

67

168

0

0

0

Net income attributable to non-controlling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

4

4

2

1

0

0

0

-

-

-

-

Net income (loss)

-1,068

930

1,279

1,055

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

338

400

369

249

101

66

24

68

168

0

0

0

Weighted-average shares outstanding
Basic (in shares)

213

212

214

215

217

219

221

223

227

228

228

227

227

227

227

226

227

228

227

225

224

212

203

204

205

205

204

203

198

178

178

178

178

Diluted (in shares)

213

214

215

216

218

221

222

224

229

230

229

229

228

227

227

227

228

235

230

230

224

218

208

210

211

223

210

203

198

179

179

178

178

Earnings (loss) per share
Basic (in dollars per share)

-8.80

0.58

2.10

1.11

0.54

0.69

2.12

1.02

0.45

0.43

1.76

0.87

0.27

0.32

1.51

0.64

0.32

0.18

1.11

0.70

-0.10

-0.14

0.99

0.54

0.25

0.19

0.84

-0.04

-0.49

0.01

0.72

0.20

0.02

Diluted (in dollars per share)

-8.80

0.56

2.09

1.11

0.54

0.68

2.11

1.01

0.45

0.43

1.74

0.87

0.27

0.32

1.50

0.64

0.32

0.18

1.09

0.69

-0.10

-0.13

0.97

0.54

0.24

0.20

0.82

-0.04

-0.49

0.00

0.72

0.20

0.02

Passenger ticket
Total revenue

4,384

4,517

4,484

4,445

4,343

4,259

4,134

3,992

3,853

3,750

3,675

3,555

3,435

3,388

3,352

3,229

3,198

3,129

2,955

2,657

2,398

2,176

2,011

1,945

1,874

1,784

1,747

1,653

1,612

1,604

0

0

0

Onboard and other
Total revenue

1,920

1,944

1,878

1,861

1,822

1,795

1,788

1,724

1,685

1,646

1,596

1,549

1,511

1,485

1,432

1,356

1,285

1,215

1,142

1,062

1,001

949

925

882

832

785

725

696

676

671

0

0

0

Total cruise operating expense

390

394

376

371

357

348

350

331

321

319

318

310

303

298

292

286

278

272

261

247

234

224

214

207

201

195

190

182

177

173

0

0

0

Commissions, transportation and other
Total cruise operating expense

1,223

1,120

1,087

1,057

1,009

998

980

945

918

894

878

862

832

813

793

770

768

765

718

636

558

503

482

479

478

455

436

418

414

410

0

0

0

Food
Total cruise operating expense

216

222

221

220

220

216

211

209

202

198

195

192

195

200

199

194

188

179

174

173

172

168

160

153

144

136

131

126

124

125

0

0

0

Other
Total cruise operating expense

615

591

592

573

555

539

521

517

482

486

473

465

470

456

457

444

421

412

381

337

312

271

257

248

241

225

203

197

188

191

0

0

0