Norwegian Cruise Line Holdings Ltd (NCLH) — Free Cash Flow Generation Index
Norwegian Cruise Line Holdings Ltd (NCLH) has a Free Cash Flow Generation Index of -0.77x as of March 2026. Free cash flow of $-625.22 Million represents -1% of operating cash flow ($811.45 Million). See Norwegian Cruise Line Holdings Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Norwegian Cruise Line Holdings Ltd Free Cash Flow Generation Index (2004–2025)
Historical FCF Generation Index trend for Norwegian Cruise Line Holdings Ltd across 19 annual periods. Explore NCLH operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Norwegian Cruise Line Holdings Ltd (2004–2025)
Year-by-year Free Cash Flow Generation Index for Norwegian Cruise Line Holdings Ltd. For the full company profile including market capitalisation, see market value of Norwegian Cruise Line Holdings Ltd.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | -0.56x | $-1.17 Billion | $2.09 Billion | $3.26 Billion | ▼ -236.8% |
| 2024 | 0.41x | $838.87 Million | $2.05 Billion | $1.21 Billion | ▲ +210.2% |
| 2023 | -0.37x | $-744.65 Million | $2.01 Billion | $2.75 Billion | ▲ +95.0% |
| 2022 | -7.49x | $-1.57 Billion | $210.02 Million | $1.78 Billion | ▼ -7465.5% |
| 2019 | 0.10x | $185.44 Million | $1.82 Billion | $1.64 Billion | ▼ -58.5% |
| 2018 | 0.24x | $508.38 Million | $2.08 Billion | $1.57 Billion | ▲ +81.9% |
| 2017 | 0.13x | $213.53 Million | $1.59 Billion | $1.37 Billion | ▲ +13.1% |
| 2016 | 0.12x | $147.57 Million | $1.24 Billion | $1.09 Billion | ▲ +252.3% |
| 2015 | -0.08x | $-81.56 Million | $1.04 Billion | $1.13 Billion | ▲ +88.1% |
| 2014 | -0.66x | $-416.37 Million | $635.60 Million | $1.05 Billion | ▲ +25.8% |
| 2013 | -0.88x | $-419.57 Million | $475.28 Million | $894.85 Million | ▼ -471.4% |
| 2012 | 0.24x | $94.75 Million | $398.59 Million | $303.84 Million | ▼ -50.7% |
| 2011 | 0.48x | $172.19 Million | $356.99 Million | $184.80 Million | ▲ +136.2% |
| 2010 | -1.33x | $-558.52 Million | $418.95 Million | $977.47 Million | ▲ +39.1% |
| 2009 | -2.19x | $-111.11 Million | $50.73 Million | $161.84 Million | ▲ +85.4% |
| 2007 | -15.04x | $-546.51 Million | $36.33 Million | $582.84 Million | ▼ -235.2% |
| 2006 | -4.49x | $-661.90 Million | $147.50 Million | $809.40 Million | ▼ -15.8% |
| 2005 | -3.88x | $-521.97 Million | $134.69 Million | $656.66 Million | ▲ +4.6% |
| 2004 | -4.06x | $-594.51 Million | $146.33 Million | $740.84 Million | — |