Is Norwegian Cruise Line Holdings Stock Underperforming the S&P 500?

With a market cap of $9.2 billion, Norwegian Cruise Line Holdings Ltd. (NCLH) is a leading global cruise operator with a portfolio of three premium brands: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. The company currently operates a fleet of 35 ships with approximately 75,000 berths, offering voyages to around 700 destinations worldwide.

Companies valued less than $10 billion are generally considered “mid-cap” stocks, and Norwegian Cruise Line Holdings fits this criterion perfectly. To support its long-term growth strategy, NCLH plans to add 16 new ships through 2037, expanding its fleet capacity by approximately 43,000 additional berths.