Seasonality
NCLH seasonality — Norwegian Cruise Line Holdings
Over the last 11 years, NCLH's strongest month on average has been June (+5.3%) and its weakest March (-11.5%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +4.93% | +5.31% | 60% | +24.3% | -11.2% | 10 |
| Feb | +0.22% | +2.65% | 50% | +30.5% | -30.8% | 10 |
| Mar | -11.53% | -6.79% | 30% | +12.3% | -70.6% | 10 |
| Apr | +3.50% | +0.10% | 50% | +49.6% | -15.4% | 10 |
| May | -2.43% | -2.55% | 40% | +11.2% | -20.1% | 10 |
| Jun | +5.33% | +6.78% | 60% | +46.6% | -30.5% | 10 |
| Jul | -1.32% | -0.27% | 50% | +26.0% | -18.3% | 10 |
| Aug | +1.48% | +4.90% | 60% | +25.4% | -24.9% | 10 |
| Sep | -0.57% | -0.27% | 40% | +14.7% | -13.2% | 10 |
| Oct | +3.70% | -2.38% | 40% | +48.7% | -23.3% | 10 |
| Nov | +3.41% | +5.67% | 56% | +37.5% | -24.1% | 9 |
| Dec | +3.64% | +6.57% | 60% | +31.2% | -25.6% | 10 |
Monthly returns heat map — NCLH
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.6 | 12.9 | -24.6 | -2.8 | 0.9 | 15.1 | -12.2 | -12.9 | -9.2 | 19.9 | 2.0 | -19.7% | |
| 2025 | 10.2 | -19.9 | -16.6 | -15.4 | 10.1 | 14.9 | 26.0 | -2.8 | -0.8 | -9.0 | -17.7 | 20.9 | -13.2% |
| 2024 | -11.2 | 8.9 | 7.9 | -9.6 | -12.3 | 13.2 | -1.9 | -2.9 | 14.7 | 23.6 | 6.1 | -4.3 | +28.4% |
| 2023 | 24.3 | -2.6 | -9.2 | -0.7 | 11.2 | 46.6 | 1.4 | -24.9 | -0.5 | -17.5 | 12.3 | 31.2 | +63.7% |
| 2022 | 0.4 | -6.4 | 12.3 | -8.5 | -20.1 | -30.5 | 9.3 | 7.7 | -13.2 | 48.7 | -2.7 | -25.6 | -41.0% |
| 2021 | -10.9 | 30.5 | -6.7 | 12.5 | 2.7 | -7.8 | -18.3 | 7.5 | 3.4 | -3.7 | -24.1 | 6.3 | -18.4% |
| 2020 | -7.8 | -30.8 | -70.6 | 49.6 | -4.5 | 4.9 | -17.0 | 25.4 | 0.0 | -2.8 | 37.5 | 11.2 | -56.5% |
| 2019 | 21.3 | 8.0 | -1.0 | 2.6 | -3.0 | -2.0 | -7.8 | 2.6 | 2.0 | -1.9 | 5.7 | 8.9 | +37.8% |
| 2018 | 14.1 | -6.3 | -6.9 | 0.9 | -2.1 | -9.7 | 5.9 | 7.2 | 7.1 | -23.3 | 16.4 | -17.4 | -20.4% |
| 2017 | 10.5 | 7.9 | 0.1 | 6.3 | -7.3 | 8.7 | 1.4 | 8.0 | -9.1 | 3.1 | -2.9 | -1.7 | +25.2% |
| 2016 | 6.8 |