| Academy Award Nominations and Winners: |
| Best Picture |
| Best Actor: Johnny Depp |
| Best Adapted Screenplay: David Magee |
| Best Art Direction: Gemma Jackson; Trisha Edwards |
| Best Costume Design: Alexandra Byrne |
| Best Film Editing: Matthew Chesse |
| ★ | Best Original Score: Jan A.P. Kaczmarek |
|
| Golden Globe Nominations: |
| Best Picture (Drama) |
| Best Director: Marc Forster |
| Best Actor (Drama): Johnny Depp |
| Best Screenplay: David Magee |
| Best Original Score: Jan A.P. Kaczmarek |
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| Other Awards: |
| Venice Film Festival: Magic Lantern Prize |
| National Board of Review: Best Picture; Best Original Score |