Home / NWARF : OTC

AI Analysis Fundamentals Valuation Video Analysis News Similar

AI Analysis

How does NWARF make money? Does NWARF have pricing power? What's the Earnings Whisper? Will NWARF profit more as the business scales? What is NWARF's management track record? Is NWARF's current price justified?

Norwegian Air Shuttle ASA

$1.4 -$0.31 (-18.13%)

OTC · 14 Sep 2026 20:00 UTC

Previous Close

$1.37

Day Range

$1.4$1.45

Year Range

$1.2$1.86

Market Cap

1.47B

AVG Volume

4.91K

Trailing/Forward PE

7.9/0.69

PEG ratio

0.11

Dividend Yield

6.60%

Next Earnings Date

2026-10-28

Primary Exchange

Other OTC

Revenue (NOK)

NWARF Revenue (NOK) by year
Period	Revenue (NOK)
2025	37.01B
2024	34.76B
2023	25.02B
2022	18.87B
2021	5.07B
2020	9.1B
2019	43.52B
2018	40.27B
2017	31.1B
2016	26.05B

Net Income (NOK)

NWARF Net Income (NOK) by year
Period	Net Income (NOK)
2025	2.7B
2024	1.36B
2023	1.74B
2022	986.6M
2021	1.87B
2020	-23.05B
2019	-1.62B
2018	-1.46B
2017	-1.72B
2016	1.14B

Operating Income (NOK)

NWARF Operating Income (NOK) by year
Period	Operating Income (NOK)
2025	3.73B
2024	1.99B
2023	2.2B
2022	1.56B
2021	-2.79B
2020	-23.77B
2019	856M
2018	-3.85B
2017	-2B
2016	1.82B

EBITDA (NOK)

NWARF EBITDA (NOK) by year
Period	EBITDA (NOK)
2025	8.26B
2024	7.19B
2023	6.15B
2022	5.84B
2021	1.86B
2020	-15.01B
2019	7.88B
2018	-674.3M
2017	-1.91B
2016	3.36B

Cash Flows (NOK)

NWARF Cash Flows (NOK) by year
Period	Cash Flows (NOK)
2025	2.39B
2024	5.64B
2023	4.52B
2022	1.54B
2021	124.3M
2020	-1.42B
2019	2.11B
2018	-11.33B
2017	-5.52B
2016	-4.99B

EPS (NOK)

NWARF EPS (NOK) by year
Period	EPS (NOK)
2025	2.37
2024	1.03
2023	1.38
2022	0.68
2021	-22.19
2020	-1090.73
2019	-863.77
2018	-6211.99
2017	-6102.18
2016	1226.51

Expenses (NOK)

NWARF Expenses (NOK) by year
Period	Expenses (NOK)
2025	6.93B
2024	3.03B
2023	2.9B
2022	2.83B
2021	1.41B
2020	28.9M
2019	931M
2018	12.98B
2017	9.37B
2016	8.79B

Cash & Debt (NOK)

NWARF Cash & Debt (NOK) by year
Period	Cash & Debt (NOK)
2025	10.05B
2024	9.79B
2023	9.48B
2022	7.76B
2021	6.8B
2020	1.76B
2019	3.1B
2018	3.97B
2017	4.12B
2016	2.32B

Debt ratios

NWARF Debt ratios by year
Period	Debt ratios
2025	0.35
2024	0.3
2023	-3.91
2022	4.14
2021	-0.43
2020	-1.07
2019	6.69
2018	12.24

Margins

NWARF Margins by year
Period	Margins
2025	17.47%
2024	14.9%
2023	16.62%
2022	10.07%
2021	-34.46%
2020	-59.33%
2019	11.17%
2018	0.21%
2017	4.19%
2016	13.52%

Return on Capital

NWARF Return on Capital by year
Period	Return on Capital
2025	35.19%
2024	18.72%
2023	30.09%
2022	23.47%
2021	57.21%
2020	348%
2019	-39.16%
2018	-85.71%
2017	-82.2%
2016	28.04%

Shares Outstanding

NWARF Shares Outstanding by year
Period	Shares Outstanding
2025	1.05B
2024	963.88M
2023	961.71M
2022	929.99M
2021	948.22M
2020	37.48M
2019	2.74M
2018	454.37K
2017	357.6K
2016	1.34M

Dividends (NOK)

NWARF Dividends (NOK) by year
Period	Dividends (NOK)
2026	0.09
2025	0.09

Book Value Per Share (NOK)

NWARF Book Value Per Share (NOK) by year
Period	Book Value Per Share (NOK)
2025	7.27
2024	7.51
2023	6
2022	4.52
2021	3.45
2020	-176.75
2019	1506.48
2018	3751.34
2017	5868.09
2016	3021.85

Total Assets (NOK)

NWARF Total Assets (NOK) by year
Period	Total Assets (NOK)
2025	42.01B
2024	37.6B
2023	30.55B
2022	22.67B
2021	18.83B
2020	49.55B
2019	85.34B
2018	55.99B
2017	43.52B
2016	37.76B

PE Ratio

NWARF PE Ratio by year
Period	PE Ratio
Sep 26	4.42
Sep 26	4.33
Sep 26	4.11
Aug 26	4.31
Aug 26	4.27
Aug 26	4.33
Aug 26	4.65
Jul 26	3.86
Jul 26	4.23
Jul 26	4.26
Jul 26	4.79
Jul 26	4.86
Jun 26	6.01
Jun 26	6.12
Jun 26	5.97
Jun 26	6.24
May 26	6.49
May 26	5.83
May 26	5.6
May 26	5.57
May 26	5.8
Apr 26	5.49
Apr 26	5.67
Apr 26	6.02
Apr 26	5.65
Mar 26	6.19
Mar 26	6.14
Mar 26	6.36
Mar 26	6
Feb 26	6.68
Feb 26	6.86
Feb 26	7.03
Feb 26	6.84
Jan 26	6.6
Jan 26	6.61
Jan 26	7.05
Jan 26	6.84
Jan 26	7.28
Dec 25	8.26
Dec 25	8.42
Dec 25	8.58
Dec 25	8.14
Nov 25	8
Nov 25	7.94
Nov 25	8.24
Nov 25	7.77
Oct 25	8.15
Oct 25	8.02
Oct 25	8
Oct 25	7.53
Oct 25	7.97
Sep 25	10.03
Sep 25	10.14
Sep 25	10.73
Sep 25	10.68
Aug 25	11.26
Aug 25	10.11
Aug 25	10.53
Aug 25	9.95
Aug 25	11.03
Jul 25	10.16
Jul 25	11.21
Jul 25	11.04
Jul 25	8.81
Jun 25	10.09
Jun 25	9.19
Jun 25	8.93
Jun 25	9.41
May 25	9
May 25	9.33
May 25	9.73
May 25	9.57
May 25	9.76
Apr 25	9.34
Apr 25	7.8
Apr 25	8.7
Apr 25	8.25
Mar 25	6.64
Mar 25	6.21
Mar 25	6.21
Mar 25	6.88
Feb 25	6.23
Feb 25	6
Feb 25	6.37
Feb 25	5.94
Jan 25	6.1
Jan 25	5.73
Jan 25	5.87
Jan 25	6.06
Jan 25	6.26
Dec 24	6.77
Dec 24	6.95
Dec 24	6.45
Dec 24	7.04
Nov 24	7.25
Nov 24	6.85
Nov 24	6.92
Nov 24	6.8
Nov 24	6.7
Oct 24	6.58

Free Cash Flow Yield

NWARF Free Cash Flow Yield by year
Period	Free Cash Flow Yield
Sep 26	52.47%
Sep 26	53.62%
Sep 26	56.45%
Aug 26	53.89%
Aug 26	54.35%
Aug 26	53.58%
Aug 26	49.89%
Jul 26	60.09%
Jul 26	54.83%
Jul 26	54.43%
Jul 26	48.42%
Jul 26	47.79%
Jun 26	14.72%
Jun 26	14.46%
Jun 26	14.82%
Jun 26	14.19%
May 26	13.64%
May 26	15.19%
May 26	15.82%
May 26	15.89%
May 26	15.27%
Apr 26	16.13%
Apr 26	15.61%
Apr 26	14.7%
Apr 26	15.66%
Mar 26	17.37%
Mar 26	17.49%
Mar 26	16.9%
Mar 26	17.92%
Feb 26	16.1%
Feb 26	15.68%
Feb 26	15.29%
Feb 26	15.72%
Jan 26	16.28%
Jan 26	16.26%
Jan 26	15.24%
Jan 26	15.72%
Jan 26	14.76%
Dec 25	25.79%
Dec 25	25.29%
Dec 25	24.84%
Dec 25	26.16%
Nov 25	26.64%
Nov 25	26.84%
Nov 25	25.86%
Nov 25	27.44%
Oct 25	26.13%
Oct 25	26.57%
Oct 25	26.62%
Oct 25	28.31%
Oct 25	26.73%
Sep 25	22.1%
Sep 25	21.86%
Sep 25	20.65%
Sep 25	20.75%
Aug 25	19.69%
Aug 25	21.93%
Aug 25	21.05%
Aug 25	22.27%
Aug 25	20.1%
Jul 25	21.83%
Jul 25	19.77%
Jul 25	20.08%
Jul 25	25.15%
Jun 25	41.26%
Jun 25	45.29%
Jun 25	46.62%
Jun 25	44.23%
May 25	46.27%
May 25	44.62%
May 25	42.78%
May 25	43.52%
May 25	42.65%
Apr 25	44.58%
Apr 25	53.35%
Apr 25	47.82%
Apr 25	50.47%
Mar 25	51.56%
Mar 25	55.13%
Mar 25	55.18%
Mar 25	49.77%
Feb 25	54.96%
Feb 25	57.04%
Feb 25	53.78%
Feb 25	57.66%
Jan 25	56.14%
Jan 25	59.8%
Jan 25	58.37%
Jan 25	56.5%
Jan 25	54.73%
Dec 24	52.83%
Dec 24	51.49%
Dec 24	55.42%
Dec 24	50.81%
Nov 24	49.33%
Nov 24	52.17%
Nov 24	51.66%
Nov 24	52.61%
Nov 24	53.41%
Oct 24	54.38%

Price to Sales

NWARF Price to Sales by year
Period	Price to Sales
Sep 26	0.37
Sep 26	0.36
Sep 26	0.34
Aug 26	0.36
Aug 26	0.35
Aug 26	0.36
Aug 26	0.39
Jul 26	0.32
Jul 26	0.35
Jul 26	0.35
Jul 26	0.4
Jul 26	0.4
Jun 26	0.44
Jun 26	0.45
Jun 26	0.44
Jun 26	0.45
May 26	0.47
May 26	0.42
May 26	0.41
May 26	0.41
May 26	0.42
Apr 26	0.4
Apr 26	0.41
Apr 26	0.44
Apr 26	0.41
Mar 26	0.42
Mar 26	0.41
Mar 26	0.43
Mar 26	0.4
Feb 26	0.45
Feb 26	0.46
Feb 26	0.47
Feb 26	0.46
Jan 26	0.44
Jan 26	0.44
Jan 26	0.47
Jan 26	0.46
Jan 26	0.49
Dec 25	0.44
Dec 25	0.45
Dec 25	0.46
Dec 25	0.43
Nov 25	0.43
Nov 25	0.42
Nov 25	0.44
Nov 25	0.41
Oct 25	0.43
Oct 25	0.43
Oct 25	0.43
Oct 25	0.4
Oct 25	0.42
Sep 25	0.42
Sep 25	0.43
Sep 25	0.45
Sep 25	0.45
Aug 25	0.48
Aug 25	0.43
Aug 25	0.45
Aug 25	0.42
Aug 25	0.47
Jul 25	0.43
Jul 25	0.47
Jul 25	0.47
Jul 25	0.37
Jun 25	0.39
Jun 25	0.36
Jun 25	0.35
Jun 25	0.37
May 25	0.35
May 25	0.36
May 25	0.38
May 25	0.37
May 25	0.38
Apr 25	0.36
Apr 25	0.3
Apr 25	0.34
Apr 25	0.32
Mar 25	0.36
Mar 25	0.34
Mar 25	0.34
Mar 25	0.37
Feb 25	0.34
Feb 25	0.33
Feb 25	0.35
Feb 25	0.32
Jan 25	0.33
Jan 25	0.31
Jan 25	0.32
Jan 25	0.33
Jan 25	0.34
Dec 24	0.41
Dec 24	0.42
Dec 24	0.39
Dec 24	0.43
Nov 24	0.44
Nov 24	0.42
Nov 24	0.42
Nov 24	0.41
Nov 24	0.41
Oct 24	0.4

EV/EBITDA

NWARF EV/EBITDA by year
Period	EV/EBITDA
Sep 26	1.98
Sep 26	1.95
Sep 26	1.87
Aug 26	1.94
Aug 26	1.93
Aug 26	1.95
Aug 26	2.06
Jul 26	1.79
Jul 26	1.91
Jul 26	1.92
Jul 26	2.1
Jul 26	2.12
Jun 26	3.11
Jun 26	3.15
Jun 26	3.1
Jun 26	3.19
May 26	3.27
May 26	3.05
May 26	2.98
May 26	2.97
May 26	3.04
Apr 26	2.94
Apr 26	3
Apr 26	3.12
Apr 26	3
Mar 26	2.91
Mar 26	2.9
Mar 26	2.96
Mar 26	2.85
Feb 26	3.06
Feb 26	3.12
Feb 26	3.17
Feb 26	3.11
Jan 26	3.04
Jan 26	3.04
Jan 26	3.17
Jan 26	3.11
Jan 26	3.24
Dec 25	2.74
Dec 25	2.78
Dec 25	2.82
Dec 25	2.71
Nov 25	2.68
Nov 25	2.66
Nov 25	2.74
Nov 25	2.62
Oct 25	2.72
Oct 25	2.68
Oct 25	2.68
Oct 25	2.56
Oct 25	2.67
Sep 25	2.91
Sep 25	2.93
Sep 25	3.06
Sep 25	3.05
Aug 25	3.17
Aug 25	2.93
Aug 25	3.02
Aug 25	2.89
Aug 25	3.12
Jul 25	2.94
Jul 25	3.16
Jul 25	3.13
Jul 25	2.64
Jun 25	2.78
Jun 25	2.61
Jun 25	2.56
Jun 25	2.65
May 25	2.57
May 25	2.63
May 25	2.71
May 25	2.68
May 25	2.71
Apr 25	2.63
Apr 25	2.35
Apr 25	2.52
Apr 25	2.43
Mar 25	2.11
Mar 25	2.01
Mar 25	2.01
Mar 25	2.17
Feb 25	2.02
Feb 25	1.96
Feb 25	2.05
Feb 25	1.95
Jan 25	1.98
Jan 25	1.9
Jan 25	1.93
Jan 25	1.98
Jan 25	2.02
Dec 24	0.73
Dec 24	0.77
Dec 24	0.65
Dec 24	0.8
Nov 24	0.85
Nov 24	0.75
Nov 24	0.77
Nov 24	0.73
Nov 24	0.71
Oct 24	0.68

Price/Operating Cashflow

NWARF Price/Operating Cashflow by year
Period	Price/Operating Cashflow
Sep 26	1.45
Sep 26	1.42
Sep 26	1.35
Aug 26	1.41
Aug 26	1.4
Aug 26	1.42
Aug 26	1.52
Jul 26	1.27
Jul 26	1.39
Jul 26	1.4
Jul 26	1.57
Jul 26	1.59
Jun 26	2.23
Jun 26	2.27
Jun 26	2.22
Jun 26	2.32
May 26	2.41
May 26	2.16
May 26	2.08
May 26	2.07
May 26	2.15
Apr 26	2.04
Apr 26	2.11
Apr 26	2.24
Apr 26	2.1
Mar 26	2.08
Mar 26	2.07
Mar 26	2.14
Mar 26	2.02
Feb 26	2.25
Feb 26	2.31
Feb 26	2.37
Feb 26	2.3
Jan 26	2.22
Jan 26	2.23
Jan 26	2.38
Jan 26	2.3
Jan 26	2.45
Dec 25	2.03
Dec 25	2.07
Dec 25	2.11
Dec 25	2
Nov 25	1.96
Nov 25	1.95
Nov 25	2.02
Nov 25	1.91
Oct 25	2
Oct 25	1.97
Oct 25	1.96
Oct 25	1.85
Oct 25	1.96
Sep 25	2.12
Sep 25	2.14
Sep 25	2.27
Sep 25	2.26
Aug 25	2.38
Aug 25	2.13
Aug 25	2.22
Aug 25	2.1
Aug 25	2.33
Jul 25	2.14
Jul 25	2.37
Jul 25	2.33
Jul 25	1.86
Jun 25	2.03
Jun 25	1.85
Jun 25	1.8
Jun 25	1.89
May 25	1.81
May 25	1.88
May 25	1.96
May 25	1.92
May 25	1.96
Apr 25	1.88
Apr 25	1.57
Apr 25	1.75
Apr 25	1.66
Mar 25	1.64
Mar 25	1.53
Mar 25	1.53
Mar 25	1.7
Feb 25	1.54
Feb 25	1.48
Feb 25	1.57
Feb 25	1.46
Jan 25	1.5
Jan 25	1.41
Jan 25	1.45
Jan 25	1.49
Jan 25	1.54
Dec 24	1.68
Dec 24	1.72
Dec 24	1.6
Dec 24	1.75
Nov 24	1.8
Nov 24	1.7
Nov 24	1.72
Nov 24	1.69
Nov 24	1.66
Oct 24	1.63

Price to Book

NWARF Price to Book by year
Period	Price to Book
Sep 26	1.51
Sep 26	1.47
Sep 26	1.4
Aug 26	1.47
Aug 26	1.46
Aug 26	1.48
Aug 26	1.58
Jul 26	1.32
Jul 26	1.44
Jul 26	1.45
Jul 26	1.63
Jul 26	1.65
Jun 26	2.12
Jun 26	2.15
Jun 26	2.1
Jun 26	2.19
May 26	2.28
May 26	2.05
May 26	1.97
May 26	1.96
May 26	2.04
Apr 26	1.93
Apr 26	2
Apr 26	2.12
Apr 26	1.99
Mar 26	2.01
Mar 26	2
Mar 26	2.07
Mar 26	1.95
Feb 26	2.17
Feb 26	2.23
Feb 26	2.29
Feb 26	2.23
Jan 26	2.15
Jan 26	2.15
Jan 26	2.29
Jan 26	2.23
Jan 26	2.37
Dec 25	2.73
Dec 25	2.79
Dec 25	2.84
Dec 25	2.69
Nov 25	2.65
Nov 25	2.63
Nov 25	2.73
Nov 25	2.57
Oct 25	2.7
Oct 25	2.65
Oct 25	2.65
Oct 25	2.49
Oct 25	2.64
Sep 25	2.45
Sep 25	2.48
Sep 25	2.62
Sep 25	2.61
Aug 25	2.75
Aug 25	2.47
Aug 25	2.57
Aug 25	2.43
Aug 25	2.69
Jul 25	2.48
Jul 25	2.74
Jul 25	2.7
Jul 25	2.15
Jun 25	1.89
Jun 25	1.72
Jun 25	1.67
Jun 25	1.76
May 25	1.68
May 25	1.75
May 25	1.82
May 25	1.79
May 25	1.83
Apr 25	1.75
Apr 25	1.46
Apr 25	1.63
Apr 25	1.54
Mar 25	1.62
Mar 25	1.51
Mar 25	1.51
Mar 25	1.67
Feb 25	1.52
Feb 25	1.46
Feb 25	1.55
Feb 25	1.45
Jan 25	1.48
Jan 25	1.39
Jan 25	1.43
Jan 25	1.48
Jan 25	1.52
Dec 24	2.08
Dec 24	2.14
Dec 24	1.99
Dec 24	2.17
Nov 24	2.23
Nov 24	2.11
Nov 24	2.13
Nov 24	2.09
Nov 24	2.06
Oct 24	2.03

No video analysis for this stock yet. Request one from our team.

News: NWARF

seekingalpha.com · 14 Jul 2026