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Public Comps and Valuation Multiples
for Cruises

Benchmark revenue and EBITDA valuation multiples for public comps like Norwegian Cruise Line, Bonheur, Havila Kystruten, Carnival plc and Carnival Corp..

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Cruises

See analyst estimates and all valuation multiples for Cruises

Company	EV	EV/LTM Revenue	EV/LTM EBITDA
Royal Caribbean	$102B	5.7x	14.5x
Carnival plc	$68.8B	2.5x	9.4x
Carnival Corp.	$68.2B	2.6x	9.4x
Viking Cruises	$35.4B	5.5x	19.7x
Norwegian Cruise Line	$25.2B	2.5x	9.3x
EIH	$2.4B	7.3x	19.8x
Bonheur	$1.3B	1.1x	3.6x
Lindblad Expeditions	$1.2B	1.6x	10.0x
Havila Kystruten	$474M	2.6x	10.7x
Bestone.com	$16.6M	1.0x	n/a