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Norwegian Air Shuttle stock: growth
NAS.OLNorwegian Air Shuttle reported $3.83B in revenue for fiscal 2025, up 3.5% on the prior year, up 32.1% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
14.2%
per year from 2006 to 2025, per share −21.5%
Earnings (Annual rate)
no data
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 32.1% | 5.0% | 14.2% |
| Revenue per share | −28.2% | −46.0% | −21.5% |
| Earnings | no data | 27.1% | no data |
| Earnings per share | no data | −34.8% | no data |
| Free cash flow | no data | no data | no data |
| Free cash flow per share | no data | no data | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $308.56M | −$2.31M | −$17.77M |
| 2007 | $443.35M | $8.87M | $41.02M |
| 2008 | $653.18M | $413.74K | −$121.88M |
| 2009 | $766.76M | $46.81M | −$37.35M |
| 2010 | $881.86M | $17.93M | −$108.56M |
| 2011 | $1.1B | $12.81M | −$158.98M |
| 2012 | $1.35B | $47.9M | −$77.91M |
| 2013 | $1.63B | $33.73M | $34.93M |
| 2014 | $2.05B | −$112.22M | −$495.89M |
| 2015 | $2.36B | $25.82M | −$299.05M |
| 2016 | $2.73B | $119.09M | −$522.97M |
| 2017 | $3.25B | −$188.26M | −$579.08M |
| 2018 | $4.22B | −$153.28M | −$1.18B |
| 2019 | $4.57B | −$168.8M | $219.73M |
| 2020 | $954.16M | −$2.42B | −$149.31M |
| 2021 | $531.63M | $196.22M | $13.04M |
| 2022 | $1.98B | $105.48M | $162.76M |
| 2023 | $2.68B | $182.21M | $490.09M |
| 2024 | $3.7B | $142.16M | $599.41M |
| 2025 | $3.83B | $284.08M | $199.11M |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = NOK 9.5325)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 18 Oct 2026)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.