Norwegian Cruise Line Holdings Ltd.

NCLH Consumer Cyclical Travel Services

Norwegian Cruise Line Holdings Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $9.8 billion, up 3.67% from fiscal 2024.

Revenue
+0.29%
EPS
+15.1%
Free cash flow
+85.5%
Total debt
+3.89%

Quarter to September 2026, against a year earlier

17.86 0.10 +0.56%
Market cap
$8.2B
P/E
9.8×
Fwd P/E
11.1×
Dividend yield
—
F-score
5/9
Altman Z
0.38
Beneish M
−2.59
Dividend safety
n/a

Norwegian Cruise Line Holdings Ltd. (NCLH) Shares outstanding

Alert me on Shares outstanding

Norwegian Cruise Line Holdings Ltd.'s shares outstanding at the end of fiscal 2025 was $477.7M, down 7.24% from $515.0M in fiscal 2024. At the end of the quarter to 30 September 2026 it was $460.4M. Over the past ten years it has ranged from $216.5M (fiscal 2019) to $515.0M (fiscal 2024); the current reading is higher than 91% of that period. Norwegian Cruise Line Holdings Ltd. ranks 5th of 16 Travel Services companies by shares outstanding.

Shares outstanding, annual

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Annual newest first

Period Shares outstanding Change
FY2025 $477.7M (7.24%)
FY2024 $515.0M 20.50%
FY2023 $427.4M 1.82%
FY2022 $419.8M 14.86%
FY2021 $365.5M 43.47%
FY2020 $254.7M 17.67%
FY2019 $216.5M (3.54%)
FY2018 $224.4M (2.18%)
FY2017 $229.4M 0.69%
FY2016 $227.9M (0.95%)

Quarterly newest first

Period Shares outstanding Change
Sep 2026 $460.4M (0.76%)
Jun 2026 $463.9M (0.47%)
Mar 2026 $466.1M (2.43%)
Dec 2025 $477.7M (3.63%)
43 more quarters

Against its own ten years

Low $216.5M High $515.0M
Ten-year median $254.7M
Current reading's percentile 91

Shares outstanding against peers

What Shares outstanding is

Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.

Reported line item

The full definition of Shares outstanding →

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