Norwegian Cruise Line Holdings (NCLH) Shares Outstanding (2012 - 2026)
Norwegian Cruise Line Holdings (NCLH) recorded Shares Outstanding of 459.13 million in Q2 2026, up 2.8% from 446.59 million a year earlier and up 0.5% from the prior quarter.
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Analysis
Norwegian Cruise Line Holdings (NCLH) Shares Outstanding (2012 - 2026) Analysis & Trends
For FY2025, Norwegian Cruise Line Holdings reported Shares Outstanding of 448.54 million, up 3.0% from FY2024.
- Annual Shares Outstanding has increased for six straight years, with a five-year compound annual growth rate of 12.0% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding came in at 435.28 million in FY2024 (+2.6%), 424.42 million in FY2023 (+1.1%), 419.77 million in FY2022 (+14.9%) and 365.45 million in FY2021 (+43.5%).
- The Q2 2026 figure is the highest quarterly Shares Outstanding in data going back to Q1 2012.
- On a year-over-year basis, Shares Outstanding has increased for 25 consecutive quarters, with growth averaging 3.0% over the last eight quarters.
- The year-over-year growth in Shares Outstanding has ranged between 1.0% (Q1 2024) and 43.5% (Q4 2021) over the last five years.
- Per Business Quant, the preceding three quarters came in at 456.65 million (Q1 2026), 448.54 million (Q4 2025) and 451 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 92.75 Bn | 90.79 Bn | 1.55 Bn | 263.90 Mn |
| 2 | Hilton Worldwide Holdings | 71.81 Bn | 68.29 Bn | 3.08 Bn | 227.00 Mn |
| 3 | Royal Caribbean Cruises | 71.17 Bn | 68.75 Bn | 2.29 Bn | 268.00 Mn |
| 4 | Viking Holdings | 35.31 Bn | 20.44 Bn | 996.62 Mn | 443.50 Mn |
| 5 | Carnival | 33.05 Bn | 26.25 Bn | - | 1.36 Bn |
| 6 | Intercontinental Hotels | 26.49 Bn | 22.05 Bn | - | 154.40 Mn |
| 7 | Trip.com | 25.40 Bn | -20.15 Bn | 1.84 Bn | 657.75 Mn |
| 8 | Hyatt Hotels | 14.95 Bn | 12.43 Bn | 388.00 Mn | 94.30 Mn |
| 9 | H World | 13.15 Bn | 4.07 Bn | - | 307.09 Mn |
| 10 | Norwegian Cruise Line Holdings | 6.73 Bn | 5.95 Bn | 1.05 Bn | 459.13 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 459.13 Mn |
| Mar 31, 2026 | 456.65 Mn |
| Dec 31, 2025 | 448.54 Mn |
| Sep 30, 2025 | 451.00 Mn |
| Jun 30, 2025 | 446.59 Mn |
| Mar 31, 2025 | 441.15 Mn |
| Dec 31, 2024 | 435.28 Mn |
| Sep 30, 2024 | 439.70 Mn |
| Jun 30, 2024 | 434.81 Mn |
| Mar 31, 2024 | 426.80 Mn |
| Dec 31, 2023 | 424.42 Mn |
| Sep 30, 2023 | 425.40 Mn |
| Jun 30, 2023 | 424.18 Mn |
| Mar 31, 2023 | 422.66 Mn |
| Dec 31, 2022 | 419.77 Mn |
| Sep 30, 2022 | 420.80 Mn |
| Jun 30, 2022 | 419.11 Mn |
| Mar 31, 2022 | 417.73 Mn |
| Dec 31, 2021 | 365.45 Mn |
| Sep 30, 2021 | 370.02 Mn |
API Access
Norwegian Cruise Line Holdings Shares Outstanding API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding&ticker=NCLH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "NCLH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding&ticker=NCLH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();