Norwegian Cruise Line Holdings (NCLH) Shares Outstanding (Diluted) (2012 - 2026)
Norwegian Cruise Line Holdings (NCLH) recorded Shares Outstanding (Diluted) of 463.93 million in Q2 2026, up 3.5% from 448.03 million a year earlier but down 0.5% from the prior quarter.
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Analysis
Norwegian Cruise Line Holdings (NCLH) Shares Outstanding (Diluted) (2012 - 2026) Analysis & Trends
For FY2025, Norwegian Cruise Line Holdings reported Shares Outstanding (Diluted) of 477.74 million, down 7.2% from FY2024.
- Annual Shares Outstanding (Diluted) has a five-year compound annual growth rate of 13.4% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding (Diluted) came in at 515.03 million in FY2024 (+20.5%), 427.4 million in FY2023 (+1.8%), 419.77 million in FY2022 (+14.9%) and 365.45 million in FY2021 (+43.5%).
- Quarterly Shares Outstanding (Diluted) has ranged from 365.45 million in Q4 2021 to 515.03 million in Q4 2024 over the past five years.
- On a year-over-year basis, Shares Outstanding (Diluted) rose in five of the last eight quarters, with growth averaging 1.1%.
- Peak year-over-year performance for Shares Outstanding (Diluted) in the last five years was growth of 43.5% in Q4 2021, against a decline of 12.8% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 466.15 million (Q1 2026), 477.74 million (Q4 2025) and 495.73 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 92.52 Bn | 90.57 Bn | 1.55 Bn | 264.50 Mn |
| 2 | Royal Caribbean Cruises | 72.24 Bn | 69.82 Bn | 2.29 Bn | 268.00 Mn |
| 3 | Hilton Worldwide Holdings | 71.21 Bn | 67.69 Bn | 3.08 Bn | 229.00 Mn |
| 4 | Viking Holdings | 35.26 Bn | 20.39 Bn | 996.62 Mn | 446.42 Mn |
| 5 | Carnival | 33.74 Bn | 26.94 Bn | - | 1.37 Bn |
| 6 | Intercontinental Hotels | 26.60 Bn | 22.16 Bn | - | 155.80 Mn |
| 7 | Trip.com | 25.18 Bn | -20.37 Bn | 1.84 Bn | 698.38 Mn |
| 8 | Hyatt Hotels | 15.18 Bn | 12.66 Bn | 388.00 Mn | 96.70 Mn |
| 9 | H World | 12.91 Bn | 3.84 Bn | - | 324.75 Mn |
| 10 | Norwegian Cruise Line Holdings | 6.72 Bn | 5.94 Bn | 1.05 Bn | 463.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 463.93 Mn |
| Mar 31, 2026 | 466.15 Mn |
| Dec 31, 2025 | 477.74 Mn |
| Sep 30, 2025 | 495.73 Mn |
| Jun 30, 2025 | 448.03 Mn |
| Mar 31, 2025 | 441.15 Mn |
| Dec 31, 2024 | 515.03 Mn |
| Sep 30, 2024 | 514.88 Mn |
| Jun 30, 2024 | 513.59 Mn |
| Mar 31, 2024 | 431.02 Mn |
| Dec 31, 2023 | 427.40 Mn |
| Sep 30, 2023 | 511.59 Mn |
| Jun 30, 2023 | 461.08 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 (Diluted) 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-diluted&ticker=NCLH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=NCLH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();