CompanyGraph
Norwegian Air Shuttle ASA
NAS · Oslo Børs · Norway
Price data from its NAS listing on LSE, quoted in GBp
norwegian.comFinancials as of FY2026
What stands out
- Pays more per share than it earned over the last twelve months
At a glance
- Depends onMidstream position: 6 outgoing, 8 incoming connections
- ScaleMarket cap is $1.83B, above the global median of $1.18B
- PositionOperating margin is -5%, lower than 95% of its Airlines peers (median 7%)
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Sign inWhat the company actually pays, and whether its own cash supports it.
What stands out
- Pays more per share than it earned over the last twelve months
Dividends view
Yield
13.06%
Annual Rate
NOK 1.60Paid semi-annual
Payout Ratio
113.3%High
Last Ex-Dividend
May 7, 2026
The reported statements, read against the company's own industry.
Financials view
Market Capitalization
17.46BNOK1.83B · vs all stocks (USD)
Trailing P/E
8.21xvs Airlines peers
Revenue (TTM)
38.09BNOK4.00B · vs all stocks (USD)
Profit Margin
4.25%vs Airlines peers
Beta
1.04xvs all stocks
52-Week Change
-23.11%vs all stocks
Forward Annual Dividend Yield
13.06%vs all stocks
Market Capitalization
17.46BNOK1.83B · vs all stocks (USD)
Enterprise Value
18.21BNOK1.91B · vs all stocks (USD)
Trailing P/E
8.21xvs Airlines peers
Forward P/E
5.98xvs Airlines peers
PEG Ratio
-0.2321xPrice to Sales (TTM)
0.3404xvs Airlines peers
Price to Book (MRQ)
1.94xvs Airlines peers
Enterprise to Revenue
0.4780xvs Airlines peers
Enterprise to EBITDA
5.99xvs Airlines peers
Gross Margin
12.46%vs Airlines peers
Profit Margin
4.25%vs Airlines peers
Operating Margin
-5.01%vs Airlines peers
Return on Assets (TTM)
2.27%vs Airlines peers
Return on Equity (TTM)
25.72%vs Airlines peers
Revenue (TTM)
38.09BNOK4.00B · vs all stocks (USD)
Revenue per Share (TTM)
36.15NOKUpdated Sep 29, 2026Quarterly Revenue Growth
1.20%vs Airlines peers
Gross Profit (TTM)
7.53BNOK790.65M · vs all stocks (USD)
EBITDA (TTM)
5.89BNOK618.66M · vs all stocks (USD)
Net Income (TTM)
1.62BNOK169.78M · vs all stocks (USD)
Quarterly Earnings Growth (YoY)
58.14%vs Airlines peers
Operating Cash Flow (TTM)
8.36BNOK878.01M · vs all stocks (USD)
Levered Free Cash Flow (TTM)
1.17BNOK122.59M · vs all stocks (USD)
Forward Annual Dividend Rate
1.60NOKUpdated Sep 29, 2026Forward Annual Dividend Yield
13.06%vs all stocks
Trailing Annual Dividend Rate
1.70NOKUpdated Sep 29, 2026Trailing Annual Dividend Yield
13.87%vs all stocks
Payout Ratio
113.33%vs Airlines peers
Revenue
31.67MGBPFY2026 · Jan 31, 2026Pre-tax Income
29.31MGBPFY2026 · Jan 31, 2026Income Tax Expense
12.00KGBPFY2026 · Jan 31, 2026Net Income
29.30MGBPFY2026 · Jan 31, 2026Selling, General & Administrative
1.32MGBPFY2026 · Jan 31, 2026Other Operating Expenses
1.01MGBPFY2026 · Jan 31, 2026EPS (Basic)
0.2228GBPFY2026 · Jan 31, 2026EPS (Diluted)
0.2228GBPFY2026 · Jan 31, 2026Basic Shares Outstanding
131.50MSharesFY2026 · Jan 31, 2026Diluted Shares Outstanding
131.50MSharesFY2026 · Jan 31, 2026Operating Cash Flow
27.57MGBPFY2026 · Jan 31, 2026Cash & Cash Equivalents (End of Period)
23.18MGBPFY2026 · Jan 31, 2026Starting Profit (CF Statement)
29.31MGBPFY2026 · Jan 31, 2026Change in Accounts Receivable (CF)
-1.74MGBPFY2026 · Jan 31, 2026Change in Other Assets/Liabilities
0.00GBPFY2026 · Jan 31, 2026Purchase of Investments
-239.99MGBPFY2026 · Jan 31, 2026Sale of Investments
253.81MGBPFY2026 · Jan 31, 2026Net Investing Cash Flow
13.83MGBPFY2026 · Jan 31, 2026Common Stock Repurchase
-6.37MGBPFY2026 · Jan 31, 2026Common Dividends Paid
-11.63MGBPFY2026 · Jan 31, 2026Other Financing Charges
0.00GBPFY2026 · Jan 31, 2026Net Financing Cash Flow
-18.00MGBPFY2026 · Jan 31, 2026Shares Outstanding
1.05BSharesUpdated Sep 29, 2026Float Shares
782.01MSharesUpdated Sep 29, 2026% Held by Insiders
15.48%vs all stocks
% Held by Institutions
47.02%vs all stocks
Total Cash (MRQ)
13.70BNOK1.44B · vs all stocks (USD)
Total Cash per Share (MRQ)
13.03NOKUpdated Sep 29, 2026Total Debt (MRQ)
18.97BNOK1.99B · vs all stocks (USD)
Total Debt to Equity (MRQ)
2.85xvs Airlines peers
Current Ratio (MRQ)
0.9920xvs Airlines peers
Book Value per Share (MRQ)
6.33NOKUpdated Sep 29, 2026Total Assets
726.12MGBP962.18M · vs all stocks (USD)
Total Liabilities
1.32MGBPFY2026 · Jan 31, 2026Cash & Cash Equivalents
23.18MGBPFY2026 · Jan 31, 2026Accounts Payable
1.32MGBPFY2026 · Jan 31, 2026Common Stock (Book)
652.00KGBPFY2026 · Jan 31, 2026Total Shareholders' Equity
724.80MGBP960.43M · vs all stocks (USD)
52-Week Low
11.90NOKUpdated Sep 29, 202652-Week High
18.07NOKUpdated Sep 29, 202652-Week Change
-23.11%vs all stocks
Beta
1.04xvs all stocks
50-Day MA
12.82NOKUpdated Sep 29, 2026200-Day MA
14.82NOKUpdated Sep 29, 2026Avg 10-Day Volume
5.86MSharesUpdated Sep 29, 2026Avg 30-Day Volume
5.19MSharesUpdated Sep 29, 2026Diluted EPS (TTM)
1.50NOKUpdated Sep 29, 2026Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Operating margin is -5%, lower than 95% of its Airlines peers (median 7%)Significant
Operating margin: -0.05Industry median: 0.07Industry P5: -0.03Peers compared: 26.00
Structural Tensions
Pays more per share than it earned over the last twelve monthsSignificant
Payout Ratio: 1.13Dividend per Share: 1.70Earnings per Share: 1.50
Significant cash reserves alongside high leverageNotable
Cash (USD): 1,438,499,973.12Total Debt (USD): 1,991,325,020.16Debt-to-Equity: 2.85
Supply Chain
Midstream position: 6 outgoing, 8 incoming connectionsNotable
Outgoing: 6.00Incoming: 8.00
High connectivity hub: 14 industry connectionsNotable
Total Connections: 14.00
Scale
Market cap is $1.83B, above the global median of $1.18BNotable
Market cap (USD): 1,833,497,074.29Global Median: 1,180,223,658.953
Revenue is $4B, above the global median of $548.88MNotable
Revenue (USD): 3,999,135,006.72Global Median: 548,883,780.48
Levered free cash flow is $122.59M, above the global median of $18.73MNotable
Levered free cash flow (USD): 122,587,503.36Global Median: 18,729,043.027
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