Etsy, Inc. (ETSY) vs Norwegian Cruise Line Holdings Ltd. (NCLH)

A side-by-side comparison of Etsy, Inc. and Norwegian Cruise Line Holdings Ltd. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnETSY vs NCLH

growth of $100 · dividends reinvested · last 10y
ETSY +431.5% (+18.2%/yr)NCLH -58.8% (-8.5%/yr)ETSY compounded faster over this window
Log scale — wide-divergence pair
101001k10kStart $10020182020202220242026$531$41
ETSY NCLH

ETSY vs NCLH: by the numbers

  • ETSY is the larger company ($6.89B vs $6.48B market cap).
  • NCLH trades at the lower trailing earnings multiple (8.82 vs 39.67 P/E), one valuation lens rather than an overall verdict.
  • NCLH converts more revenue to profit (7.49% vs 7.33% net margin).
  • NCLH grew revenue faster over the past five years (236.47% vs 5.88% CAGR).

Metrics side by side

Valuation

MetricETSYNCLH
P/E ratio39.678.82
Forward P/E22.029.13
P/S ratio2.410.64
P/B ratioN/A2.52
EV / EBITDA16.888.16
FCF yield8.95%N/A

Profitability

MetricETSYNCLH
Gross margin72.30%31.97%
Operating margin15.99%15.09%
Net margin7.33%7.49%
ROEN/A29.57%
ROIC20.66%8.01%

Growth (annualized)

MetricETSYNCLH
Revenue CAGR (5Y)5.88%236.47%
EPS CAGR (5Y)-10.22%N/A
FCF CAGR (5Y)-2.08%35.22%
Total return CAGR (5Y)-19.63%-9.63%

Frequently asked

Which has the lower trailing P/E, ETSY or NCLH?
NCLH has the lower trailing P/E: ETSY trades at 39.67 and NCLH at 8.82. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ETSY or NCLH?
Over the past five years, NCLH grew revenue faster — ETSY at a 5.88% CAGR versus NCLH at 236.47%.
Is ETSY or NCLH more profitable?
NCLH runs the higher net margin — ETSY at 7.33% versus NCLH at 7.49%.
How have ETSY and NCLH total returns compared?
Over the past 10 years, ETSY delivered 18.22% and NCLH delivered -8.10% annualized total return. Past performance doesn't predict future results.

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 13, 2026.