Crocs, Inc. (CROX) vs Norwegian Cruise Line Holdings Ltd. (NCLH)
A side-by-side comparison of Crocs, Inc. and Norwegian Cruise Line Holdings Ltd. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 4, 2026. Differences are shown without an overall score or investment verdict.
CROX
Crocs, Inc.
$116.01Consumer CyclicalAt close: Sep 3, 2026, 4:00 PM ET
NCLH
Norwegian Cruise Line Holdings Ltd.
$15.59Consumer CyclicalDelayed quote: Sep 3, 2026, 4:00 PM EDT
Total return — CROX vs NCLH
growth of $100 · dividends reinvested · last 10yCROX +1238.9% (+29.6%/yr)NCLH -54.7% (-7.6%/yr)CROX compounded faster over this window
Log scale — wide-divergence pair
CROX NCLH
CROX vs NCLH: by the numbers
- •NCLH is the larger company ($7.16B vs $5.56B market cap).
- •NCLH trades at the lower trailing earnings multiple (9.73 vs 10.04 P/E), one valuation lens rather than an overall verdict.
- •CROX converts more revenue to profit (14.63% vs 7.49% net margin).
- •NCLH grew revenue faster over the past five years (236.47% vs 16.69% CAGR).
Metrics side by side
Valuation
| Metric | CROX | NCLH |
|---|---|---|
| P/E ratio | 10.04 | 9.73 |
| Forward P/E | 8.32 | 10.01 |
| P/S ratio | 1.44 | 0.71 |
| P/B ratio | 4.20 | 2.81 |
| EV / EBITDA | 7.96 | 8.44 |
| FCF yield | 12.11% | N/A |
Profitability
| Metric | CROX | NCLH |
|---|---|---|
| Gross margin | 57.47% | 31.97% |
| Operating margin | 20.73% | 15.09% |
| Net margin | 14.63% | 7.49% |
| ROE | 42.86% | 29.57% |
| ROIC | 18.10% | 8.01% |
Growth (annualized)
| Metric | CROX | NCLH |
|---|---|---|
| Revenue CAGR (5Y) | 16.69% | 236.47% |
| FCF CAGR (5Y) | 10.38% | 35.22% |
| Total return CAGR (5Y) | -3.65% | -9.38% |
Frequently asked
- Which has the lower trailing P/E, CROX or NCLH?
- NCLH has the lower trailing P/E: CROX trades at 10.04 and NCLH at 9.73. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, CROX or NCLH?
- Over the past five years, NCLH grew revenue faster — CROX at a 16.69% CAGR versus NCLH at 236.47%.
- Is CROX or NCLH more profitable?
- CROX runs the higher net margin — CROX at 14.63% versus NCLH at 7.49%.
- How have CROX and NCLH total returns compared?
- Over the past 10 years, CROX delivered 29.83% and NCLH delivered -7.94% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Crocs P/E ratioNorwegian Cruise Line P/E ratioCrocs ROENorwegian Cruise Line ROECrocs operating marginNorwegian Cruise Line operating marginCrocs revenue growthNorwegian Cruise Line revenue growthCrocs free cash flowNorwegian Cruise Line free cash flow
Crocs & Norwegian Cruise Line appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 4, 2026.