Shares Outstanding for Norwegian Cruise Line (NCLH)
According to Norwegian Cruise Line's latest reported financial statements, the company's latest reported diluted shares outstanding is 459.52M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
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Latest period
459.52M
YoY change
-10.8%
5Y CAGR
+12.5%
Peak year (2024)
515.03M
Latest annual
459.52M
Shares Outstanding history chart for Norwegian Cruise Line (NCLH) from 2004 to 2025
Shares Outstanding history table for Norwegian Cruise Line (NCLH) from 2004 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 459.52M | -10.8% | ||
| 2024 | 515.03M | +20.5% | ||
| 2023 | 427.40M | +1.8% | ||
| 2022 | 419.77M | +14.9% | ||
| 2021 | 365.45M | +43.5% | ||
| 2020 | 254.73M | +17.7% | ||
| 2019 | 216.48M | -3.5% | ||
| 2018 | 224.42M | -2.2% | ||
| 2017 | 229.57M | +0.8% | ||
| 2016 | 227.85M | -1.0% | ||
| 2015 | 230.04M | +8.5% | ||
| 2014 | 212.02M | +1.3% | ||
| 2013 | 209.24M | +4.4% | ||
| 2012 | 200.47M | -1.4% | ||
| 2011 | 203.33M | 0.0% | ||
| 2010 | 203.33M | 0.0% | ||
| 2009 | 203.33M | 0.0% | ||
| 2008 | 203.33M | 0.0% | ||
| 2007 | 203.33M | 0.0% | ||
| 2006 | 203.33M | 0.0% | ||
| 2005 | 203.33M | 0.0% | ||
| 2004 | 203.33M | — |
Shares Outstanding values are taken from Norwegian Cruise Line's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Norwegian Cruise Line (NCLH) reported diluted shares outstanding of 459.52M – declined 10.8% year-over-year.
Over 2020–2025 (5 years), Norwegian Cruise Line diluted shares outstanding expanded at a +12.5% compound annual rate, with the latest reading among the more recent periods of the dataset.
Norwegian Cruise Line diluted shares outstanding declined from 515.03M in 2024 to 459.52M in 2025, a 10.8% drawdown.
515.03M stands as the all-time-high annual diluted shares outstanding, posted in 2024, against a low of 200.47M during 2012.
Among 8 Consumer Cyclical peers, Norwegian Cruise Line (NCLH) ranks 9th; the peer median for diluted shares outstanding is 1.30B.
Norwegian Cruise Line Shares Outstanding by Year
Norwegian Cruise Line Shares Outstanding 2025: 459.52M
Norwegian Cruise Line diluted shares outstanding in 2025 was 459.52M, declined 10.8% below 2024.
Norwegian Cruise Line Shares Outstanding 2024: 515.03M
Norwegian Cruise Line diluted shares outstanding in 2024 was 515.03M, grew 20.5% from 2023. This figure represents the highest annual value in the available history.
Norwegian Cruise Line Shares Outstanding 2023: 427.40M
Norwegian Cruise Line diluted shares outstanding in 2023 was 427.40M, edged up 1.8% from 2022.
Norwegian Cruise Line Shares Outstanding 2022: 419.77M
Norwegian Cruise Line diluted shares outstanding in 2022 was 419.77M, grew 14.9% from 2021.
Norwegian Cruise Line Shares Outstanding 2021: 365.45M
Norwegian Cruise Line diluted shares outstanding in 2021 was 365.45M.
See more financial history for Norwegian Cruise Line (NCLH).
Sector peers — Shares Outstanding
Companies in the same sector as Norwegian Cruise Line, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Amazon.com, Inc. (AMZN) | 10.83B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | 3.53B | Consumer Cyclical |
| Alibaba Group Holding Limited (BABA) | 2.41B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | 1.48B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | 1.13B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | 997.00M | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | 815.98M | Consumer Cyclical |
| McDonald's Corporation (MCD) | 716.40M | Consumer Cyclical |
Frequently asked questions
What is Norwegian Cruise Line's diluted shares outstanding?
- Latest reported diluted shares outstanding for Norwegian Cruise Line (NCLH) is 459.52M (period ending December 31, 2025).
How has Norwegian Cruise Line diluted shares outstanding changed year-over-year?
- Norwegian Cruise Line (NCLH) diluted shares outstanding changed -10.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Norwegian Cruise Line diluted shares outstanding?
- Norwegian Cruise Line (NCLH) diluted shares outstanding compound annual growth rate is +12.5% over the most recent 5 years available.
When did Norwegian Cruise Line diluted shares outstanding hit its highest annual value?
- Norwegian Cruise Line diluted shares outstanding reached its highest annual value of 515.03M in 2024.
What was Norwegian Cruise Line diluted shares outstanding in 2024?
- Norwegian Cruise Line (NCLH) diluted shares outstanding in 2024 was 515.03M.
What was Norwegian Cruise Line diluted shares outstanding in 2025?
- Norwegian Cruise Line (NCLH) diluted shares outstanding in 2025 was 459.52M.
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