NCLH FY2025 SEC EDGAR DEF 14A

Norwegian Cruise Line Holdings Ltd. CEO pay ratio

The CEO earned $13.8M in FY2025 against median worker pay of $25,954 · Water Transportation.

Water Transportation peers All rankings
State
D0
Filing date
2026-04-30
Industry
Water Transportation
Fiscal year
FY2025

Data updated August 2026

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CEO-to-worker pay ratio
530:1
Extreme (Scale: 0–1000:1)
CEO pay
$13.8M
Median worker
$25,954

Answer first

Norwegian Cruise Line Holdings Ltd.'s FY2025 CEO total of $13.8M ranks #351 of 1,423 complete filings; its 530:1 pay ratio ranks #98. Dollar rank is not ratio rank.

According to the same FY2025 complete-filing cohort used on the rankings boards (CEO total, median worker, and ratio all present). Median worker pay is $25,954. Figures come from Section 953(b) Dodd-Frank DEF 14A disclosures - not estimates. View all Water Transportation companies.

Dollar rank
#351
$13.8M of 1,423 FY2025
Ratio rank
#98
530:1 of 1,423
Median worker
$25,954
Dodd-Frank median employee

How Norwegian Cruise Line Holdings Ltd. ranks nationally

Norwegian Cruise Line Holdings Ltd. CEO pay vs. every FY2025 complete filing

Total CEO compensation, the full national distribution, this company marked

$13,755,620 Top 25% higher than 75% of 1,423 companies

$0–$2,500,000: 304 companies (21%). Below this entry. $2,500,000–$5,000,000: 182 companies (13%). Below this entry. $5,000,000–$7,500,000: 208 companies (15%). Below this entry. $7,500,000–$10,000,000: 192 companies (13%). Below this entry. $10,000,000–$12,500,000: 139 companies (10%). Below this entry. $12,500,000–$15,000,000: 91 companies (6%). This entry sits in this band. $15,000,000–$17,500,000: 88 companies (6%). Above this entry. $17,500,000–$20,000,000: 54 companies (4%). Above this entry. $20,000,000–$22,500,000: 24 companies (2%). Above this entry. $22,500,000–$25,000,000: 34 companies (2%). Above this entry. $25,000,000–$27,500,000: 24 companies (2%). Above this entry. $27,500,000–$30,000,000: 16 companies (1%). Above this entry. $30,000,000–$32,500,000: 10 companies (1%). Above this entry. $32,500,000–$35,000,000: 7 companies (0%). Above this entry. $35,000,000–$37,500,000: 9 companies (1%). Above this entry. $37,500,000–$40,000,000: 6 companies (0%). Above this entry. $40,000,000–$42,500,000: 1 companies (0%). Above this entry. $42,500,000–$45,000,000: 1 companies (0%). Above this entry. $45,000,000–$47,500,000: 6 companies (0%). Above this entry. $47,500,000–$50,000,000: 27 companies (2%). Above this entry. This company $0 $50M+ every complete-filing company, bucketed by value

Each bar is a $2500K-wide band; taller bars hold more companies. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source SEC DEF 14A Section 953(b) disclosures, PlainCEOPay extract · FY2025

CEO Compensation Breakdown, FY2025

A component-level pay breakdown is not reported in Norwegian Cruise Line Holdings Ltd.'s structured SEC pay-ratio disclosure. See our methodology →

Filing-year trail · Norwegian Cruise Line Holdings Ltd.

Complete DEF 14A pay-ratio filings for this CIK across FY2021–2025. Year-over-year deltas compare adjacent filing years only; incomplete dollar rows are omitted (same completeness gate as the hero figures).

Latest ratio
530:1
FY2025
vs prior FY
-20:1
from FY2024 550:1
CEO $ YoY
+7.3%
$13.8M latest
Filings shown
5
FY2021–2025
Norwegian Cruise Line Holdings Ltd. CEO total compensation, median worker pay, and pay ratio by fiscal year from SEC EDGAR DEF 14A.
FY CEO pay Δ pay Median worker Pay ratio Δ ratio
2021 $19.7M - $19,319 1,018:1 -
2022 $21.2M +7.8% $24,484 866:1 -152:1
2023 $8.9M -58% $23,330 380:1 -486:1
2024 $12.8M +45% $23,312 550:1 +170:1
2025 $13.8M +7.3% $25,954 530:1 -20:1

Source: SEC EDGAR DEF 14A pay-ratio disclosures for CIK 1513761, FY2021–2025. Adjacent-year deltas only.

Industry Comparison - Water Transportation

This Company's Ratio
530:1
Industry Median Ratio
530:1
Industry Median CEO Pay
$13.8M
This CEO's Pay
$13.8M
Companies in Industry
3
vs. Industry Median
Below
View all companies in Water Transportation →

Norwegian Cruise Line Holdings Ltd.: upper-tail Item 402(u) ratio

Norwegian Cruise Line Holdings Ltd.'s 530:1 ratio ranks #98 of 1,423 FY2025 complete filings (higher third by ratio). the CEO earned 530× the median employee ($25,954) in FY2025.

At $25,954 median worker pay (LOW-MED), the EXTREME stamp means roughly 530 years of median wages to match one CEO year.

CEO Total Pay

$13.8M

FY2025 Summary Compensation, near median

Pay Ratio

530:1

Outlier, top decile

Norwegian Cruise Line Holdings Ltd. in the higher-ratio third

Norwegian Cruise Line Holdings Ltd.'s 530:1 ratio ranks #98 of 1,423 FY2025 complete filings (higher third by ratio). The structured pay-ratio disclosure reports the total without line-item components. Water Transportation (SIC 44) median ratio is 530:1 across 3 FY2025 filers; Norwegian Cruise Line Holdings Ltd.'s $13.8M CEO total is at or below the $13.8M industry median CEO pay.

Dollar rank #351 and ratio rank #98 split - treat 530:1 as a disclosure, not a fairness score. Open Water Transportation peers.

Key Data, FY2025

Total Compensation
$13.8M
Median Employee Pay
$25,954
Pay Ratio
530:1
Filing Date
2026-04-30

Company Info

Ticker
NCLH
CIK
1513761
Industry
Water Transportation
SIC Code
4400
State
D0
View SEC filings →
SEC EDGAR DEF 14A for CIK 1513761, FY2025. Informational only, not investment advice. Verify on EDGAR.

Read our methodology - how this data is sourced, computed, and verified. Norwegian Cruise Line Holdings Ltd.'s 530:1 ratio ranks #98 of 1,423 FY2025 complete filings (higher third by ratio).

Read with Norwegian Cruise Line Holdings Ltd.

ABS(ceo_total_comp) peers first, then a SIC pole and a stamp-branched guide - not a fixed Related strip. This page stamps EXTREME · HEAVY · LOW-MED.

nVent Electric plc · HEAVY

ABS(ceo_total_comp) peer at $13.8M (Δ $26K heavier vs Norwegian Cruise Line Holdings Ltd.); HIGH · PAR-MED vs this page's EXTREME · HEAVY · LOW-MED.
Public Service Enterprise Group Inc · HEAVY

ABS(ceo_total_comp) peer at $13.8M (Δ $31K heavier vs Norwegian Cruise Line Holdings Ltd.); MID · ELITE-MED vs this page's EXTREME · HEAVY · LOW-MED.
Lazard, Inc. · HEAVY

ABS(ceo_total_comp) peer at $13.7M (Δ $32K lighter vs Norwegian Cruise Line Holdings Ltd.); MODEST · ELITE-MED vs this page's EXTREME · HEAVY · LOW-MED.
Strategy Inc · HEAVY

ABS(ceo_total_comp) peer at $13.8M (Δ $34K heavier vs Norwegian Cruise Line Holdings Ltd.); STEEP · HIGH-MED vs this page's EXTREME · HEAVY · LOW-MED.
Water Transportation benchmark

Norwegian Cruise Line Holdings Ltd. stamps EXTREME · HEAVY · LOW-MED inside SIC 44 - open the industry median board after the ABS peers.
National dual ranks · #351/#98

Norwegian Cruise Line Holdings Ltd.'s FY2025 package sits #351 by CEO dollars and #98 by ratio under HEAVY · EXTREME.
Highest-paid CEOs · EXTREME

Norwegian Cruise Line Holdings Ltd.'s EXTREME stamp is in the upper tail - the highest-paid list shows how dollar packages and ratios diverge.
Data sourced from SEC EDGAR DEF 14A for Norwegian Cruise Line Holdings Ltd. (CIK 1513761), FY2025. See our methodology. Aggregated by PlainCEOPay as of August 2026.

Data currency: Executive compensation from SEC EDGAR DEF 14A proxy statements through fiscal year 2025, compiled and last refreshed August 2026. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.