Norwegian Cruise Line shares outstanding NCLH
Diluted shares outstanding, averaged over each quarter, from 2012.
- Latest quarter, to Jun 30, 2026
- 463.9M
- On a year earlier
- +3.5%
- more shares
Norwegian Cruise Line had 463.9M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 3.5% more than a year earlier, so each share owns a little less of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 395.9M | −24% |
| FY2024 | 518.1M | +22% |
| FY2023 | 425.4M | +1% |
| FY2022 | 421.4M | +8% |
| FY2021 | 391.7M | +33% |
| FY2020 | 293.9M | +37% |
| FY2019 | 214.8M | −3% |
| FY2018 | 221.4M | −4% |
| FY2017 | 230.2M | +1% |
| FY2016 | 227.8M | −1% |
| FY2015 | 230.6M | +8% |
| FY2014 | 212.7M | +1% |
| FY2013 | 210.9M | +18% |
| FY2012 | 179.1M | n/a |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 463.9M | +4% | |
| Q1 FY26 | 466.1M | +6% | |
| Q4 FY25 | 395.9M | −24% | |
| Q3 FY25 | 495.7M | −4% | |
| Q2 FY25 | 448M | −13% | |
| Q1 FY25 | 441.1M | +2% | |
| Q4 FY24 | 518.1M | +22% | |
| Q3 FY24 | 514.9M | +1% | |
| Q2 FY24 | 513.6M | +11% | |
| Q1 FY24 | 431M | +2% | |
| Q4 FY23 | 425.4M | +1% | |
| Q3 FY23 | 511.6M | +22% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Norwegian Cruise Line
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.