Buyback yield (TTM)
0.00%
Shareholder yield (TTM)
0.00%
5Y share count change
80.4%
Buyback spend (TTM)
$21.00K
Cumulative buybacks
$1.42B
Key takeaways
- Norwegian Cruise Line (NCLH) repurchased about $21.00K of stock over the trailing twelve months.
- Diluted share count is up 80.4% over the last ~5 fiscal years — equity issuance and stock-based compensation are outpacing repurchases.
- TTM buyback ÷ stock-based-comp ratio of 0.00× — repurchases only partially offset SBC dilution.
- Cash buyback spend has compounded at +9.1% per year over the latest 5-year window.
Dividend & buyback yield over time for Norwegian Cruise Line (NCLH)
Stacked annual yields — buyback yield (TTM cash repurchases ÷ market cap) plus dividend yield from the same fiscal-year-end key-metrics period — show how total cash return per dollar of equity has evolved.
Diluted vs basic shares (annual) for Norwegian Cruise Line (NCLH)
Diluted weighted-average shares are the EPS denominator — a falling count means buybacks are outpacing SBC dilution.
Year-over-year change in diluted shares for Norwegian Cruise Line (NCLH)
Green is fewer shares vs the prior fiscal year (net repurchase); red is growth (dilution). The earliest year shown has no prior year to compare.
Cash buyback spend over time for Norwegian Cruise Line (NCLH)
Latest: $23.83M
Overview
As of the 2025 fiscal year, Norwegian Cruise Line (NCLH) reported buyback spend of $23.83M – declined 5.9% year-over-year.
Norwegian Cruise Line buyback spend has grown on net over the period, with a +9.1% compound annual growth rate over 2020–2025 (5 years).
Between 2018 and 2025, Norwegian Cruise Line buyback spend plunged 96.5%, falling from $678.67M to $23.83M.
$678.67M stands as the all-time-high annual buyback spend, posted in 2018, against a low of $0.00 during 2004.
Norwegian Cruise Line Buyback Spend 2025: $23.83M
Norwegian Cruise Line posted buyback spend of $23.83M in 2025, declined 5.9% below 2024.
Norwegian Cruise Line Buyback Spend 2024: $25.33M
In 2024, Norwegian Cruise Line reported buyback spend of $25.33M, declined 5.7% below 2023.
Norwegian Cruise Line Buyback Spend 2023: $26.86M
Norwegian Cruise Line buyback spend in 2023 was $26.86M, grew 28.0% from 2022.
Norwegian Cruise Line Buyback Spend 2022: $20.99M
2022's buyback spend for Norwegian Cruise Line came in at $20.99M, grew 25.8% from 2021.
Norwegian Cruise Line Buyback Spend 2021: $16.69M
Norwegian Cruise Line buyback spend in 2021 was $16.69M.
See more financial history for Norwegian Cruise Line (NCLH).
Buyback, SBC & dilution history
Buyback spend, SBC, net dilution effect, and share count.
| 2025 | $23.83M | $88.39M | −$64.57M | 0.23% | 0.46B | -10.8% | |
| 2024 | $25.33M | $91.78M | −$66.45M | 0.22% | 0.52B | +20.5% | |
| 2023 | $26.86M | $118.94M | −$92.08M | 0.32% | 0.43B | +1.8% | |
| 2022 | $20.99M | $113.56M | −$92.58M | 0.41% | 0.42B | +14.9% | |
| 2021 | $16.69M | $124.08M | −$107.39M | 0.21% | 0.37B | +43.5% | |
| 2020 | $15.41M | $111.30M | −$95.89M | 0.21% | 0.25B | +17.7% | |
| 2019 | $370.80M | $95.06M | $275.74M | 2.96% | 0.22B | -3.5% | |
| 2018 | $678.67M | $115.98M | $562.68M | 7.23% | 0.22B | -2.2% | |
| 2017 | $0.00 | $87.04M | −$87.04M | — | 0.23B | +0.8% | |
| 2016 | $50.00M | $66.41M | −$16.41M | 0.52% | 0.23B | -1.0% | |
| 2015 | $107.26M | $42.21M | $65.05M | 0.80% | 0.23B | +8.5% | |
| 2014 | $82.00M | $14.62M | $67.38M | 0.82% | 0.21B | +1.3% | |
| 2013 | $0.00 | $23.07M | −$23.07M | — | 0.21B | +4.4% | |
| 2012 | $0.00 | $5.16M | −$5.16M | — | 0.20B | -1.4% | |
| 2011 | $0.00 | $1.21M | −$1.21M | — | 0.20B | 0.0% | |
| 2010 | $0.00 | $2.52M | −$2.52M | — | 0.20B | 0.0% | |
| 2009 | $0.00 | $4.08M | −$4.08M | — | 0.20B | 0.0% | |
| 2008 | $0.00 | $865.00K | −$865.00K | — | 0.20B | 0.0% | |
| 2007 | $0.00 | $0.00 | $0.00 | — | 0.20B | 0.0% | |
| 2006 | $0.00 | $0.00 | $0.00 | — | 0.20B | 0.0% | |
| 2005 | $0.00 | $0.00 | $0.00 | — | 0.20B | 0.0% | |
| 2004 | $0.00 | $0.00 | $0.00 | — | 0.20B | — |
- 2025$23.83M
- 2024$25.33M
- 2023$26.86M
- 2022$20.99M
- 2021$16.69M
- 2020$15.41M
- 2019$370.80M
- 2018$678.67M
- 2017$0.00
- 2016$50.00M
- 2015$107.26M
- 2014$82.00M
- 2013$0.00
- 2012$0.00
- 2011$0.00
- 2010$0.00
- 2009$0.00
- 2008$0.00
- 2007$0.00
- 2006$0.00
- 2005$0.00
- 2004$0.00
Buybacks vs stock-based compensation for Norwegian Cruise Line (NCLH)
Annual cash repurchases set against stock-based compensation. Coverage above 1× means buybacks fully offset the equity dilution from SBC. TTM coverage: 0.00×.
Buybacks vs dividends (share of cash returned) for Norwegian Cruise Line (NCLH)
How Norwegian Cruise Line splits cash returned to shareholders between dividends and buybacks.
Sector peers by buyback spend
Companies in the same sector as Norwegian Cruise Line, ranked by their latest buyback spend.
| $6.44B | |
| $2.52B | |
| $2.06B | |
| $1.10B | |
| $211.00M | |
| $0.00 | |
| $0.00 | |
| $0.00 |
- $6.44B
- $2.52B
- $2.06B
- $1.10B
- $211.00M
- $0.00
- $0.00
- $0.00
Buyback capacity (TTM)
Free cash flow minus dividends paid versus actual TTM repurchases — the headroom bar shows how much of post-dividend FCF is still being deployed elsewhere.
Headroom $0.00 (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Data & methodology
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