Norwegian Air Shuttle ASA
Norwegian Air Shuttle ASA, together with its subsidiaries, provides air travel services in Norway and internationally. It is also involved in aircraft financing, leasing, and ownership; cargo; and other activities. The company was founded in 1993 and is headquartered in Fornebu, Norway.
Market Cap & Net Worth: Norwegian Air Shuttle ASA (NWARF)
Norwegian Air Shuttle ASA (PINK:NWARF) has a market capitalization of $1.24 Billion ($1.24 Billion) as of March 18, 2026. Listed on the PINK stock exchange, this USA-based company holds position #7636 globally and #4013 in its home market, demonstrating a 0.00% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Norwegian Air Shuttle ASA's stock price $1.18 by its total outstanding shares 1052237234 (1.05 Billion).
Norwegian Air Shuttle ASA Market Cap History: 2015 to 2025
Norwegian Air Shuttle ASA's market capitalization history from 2015 to 2025. Data shows change from $3.95 Trillion to $1.24 Billion (-58.09% CAGR).
Norwegian Air Shuttle ASA Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Norwegian Air Shuttle ASA's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.03x
Norwegian Air Shuttle ASA's market cap is 0.03 times its annual revenue
0.09x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
0.46x
Norwegian Air Shuttle ASA's market cap is 0.46 times its annual earnings
9.60x
Lower than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $3.39 Trillion | $26.05 Billion | $1.14 Billion | 130.29x | 2990.07x |
| 2017 | $2.28 Trillion | $30.95 Billion | -$1.79 Billion | 73.61x | N/A |
| 2018 | $2.13 Trillion | $40.27 Billion | -$1.46 Billion | 52.87x | N/A |
| 2019 | $445.10 Billion | $43.52 Billion | -$1.61 Billion | 10.23x | N/A |
| 2020 | $10.34 Billion | $9.10 Billion | -$23.04 Billion | 1.14x | N/A |
| 2021 | $1.05 Billion | $5.07 Billion | $1.87 Billion | 0.21x | 0.56x |
| 2022 | $828.11 Million | $18.87 Billion | $1.01 Billion | 0.04x | 0.82x |
| 2023 | $1.07 Billion | $25.54 Billion | $1.74 Billion | 0.04x | 0.62x |
| 2024 | $1.08 Billion | $35.32 Billion | $1.36 Billion | 0.03x | 0.80x |
| 2025 | $1.24 Billion | $36.52 Billion | $2.71 Billion | 0.03x | 0.46x |
Competitor Companies of NWARF by Market Capitalization
Companies near Norwegian Air Shuttle ASA in the global market cap rankings as of March 18, 2026.
Key companies related to Norwegian Air Shuttle ASA by market ranking:
- Delta Air Lines Inc (NYSE:DAL): Ranked #559 globally with a market cap of $37.84 Billion USD.
- United Airlines Holdings Inc (NASDAQ:UAL): Ranked #695 globally with a market cap of $29.31 Billion USD.
- Southwest Airlines Company (NYSE:LUV): Ranked #1098 globally with a market cap of $17.64 Billion USD.
- LATAM Airlines Group S.A. (NYSE:LTM): Ranked #1099 globally with a market cap of $17.64 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #559 | Delta Air Lines Inc | NYSE:DAL | $37.84 Billion | $60.84 |
| #695 | United Airlines Holdings Inc | NASDAQ:UAL | $29.31 Billion | $90.28 |
| #1098 | Southwest Airlines Company | NYSE:LUV | $17.64 Billion | $40.23 |
| #1099 | LATAM Airlines Group S.A. | NYSE:LTM | $17.64 Billion | $49.51 |
Norwegian Air Shuttle ASA Historical Marketcap From 2015 to 2025
Between 2015 and today, Norwegian Air Shuttle ASA's market cap moved from $3.95 Trillion to $ 1.24 Billion, with a yearly change of -58.09%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2025 | $1.24 Billion | +15.13% |
| 2024 | $1.08 Billion | +0.74% |
| 2023 | $1.07 Billion | +29.61% |
| 2022 | $828.11 Million | -21.30% |
| 2021 | $1.05 Billion | -89.83% |
| 2020 | $10.34 Billion | -97.68% |
| 2019 | $445.10 Billion | -79.09% |
| 2018 | $2.13 Trillion | -6.56% |
| 2017 | $2.28 Trillion | -32.89% |
| 2016 | $3.39 Trillion | -14.00% |
| 2015 | $3.95 Trillion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Norwegian Air Shuttle ASA was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.24 Billion USD |
| MoneyControl | $1.24 Billion USD |
| MarketWatch | $1.24 Billion USD |
| marketcap.company | $1.24 Billion USD |
| Reuters | $1.24 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.