Is ETSY or NCLH cheaper?

On trailing earnings, NCLH is cheaper: ETSY trades at a 30.31 P/E and NCLH at 17.22.

Which has grown faster, ETSY or NCLH?

Over the past five years, NCLH grew revenue faster — ETSY at a 6.93% CAGR versus NCLH at 208.16%.

Is ETSY or NCLH more profitable?

ETSY runs the higher net margin — ETSY at 9.94% versus NCLH at 5.66%.

Which has been the better investment, ETSY or NCLH?

Over the past 10-year, ETSY delivered the higher annualized total return — ETSY at 22.49% versus NCLH at -7.25%. Past performance doesn't predict future results.

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

NCLH leads on 9 of 13 compared metrics.

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 June 21, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

ETSY

Etsy, Inc.

$7.02B

$73.95Consumer Cyclical

NCLH

Norwegian Cruise Line Holdings Ltd.

$9.38B

$20.44Consumer Cyclical

Total return — ETSY vs NCLH

growth of $100 · last 11y

ETSY +146.5%NCLH -61.5%ETSY compounded faster

Log scale — wide-divergence pair

ETSY NCLH

ETSY vs NCLH: by the numbers

•NCLH is the larger company ($9.38B vs $7.02B market cap).
•NCLH trades at the lower earnings multiple (17.22 vs 30.31 P/E).
•ETSY converts more revenue to profit (9.94% vs 5.66% net margin).
•NCLH grew revenue faster over the past five years (208.16% vs 6.93% CAGR).

Which is better, ETSY or NCLH?

Metric tally: ETSY 4 · NCLH 9

It depends on what you're optimizing for:

ValueNCLH(lower P/E)

GrowthNCLH(faster 5Y revenue CAGR)

QualityETSY(higher ROIC)

Metrics side by side

Valuation

Metric	ETSY	NCLH
P/E ratio	30.31	17.22●
Forward P/E	18.07	10.13●
P/S ratio	3.13	0.95●
P/B ratio	—	3.92
EV / EBITDA	20.62	10.29●
FCF yield	7.51%	—

Profitability

Metric	ETSY	NCLH
Gross margin	72.01%●	43.05%
Operating margin	14.26%	15.88%●
Net margin	9.94%●	5.66%
ROE	-14.84%	23.37%●
ROIC	11.51%●	8.75%

Growth (annualized)

Metric	ETSY	NCLH
Revenue CAGR (5Y)	6.93%	208.16%●
EPS CAGR (5Y)	-10.22%●	-22.47%
FCF CAGR (5Y)	-3.13%	35.22%●
Total return CAGR (5Y)	-15.32%	-7.57%●

Frequently asked

Which is better, ETSY or NCLH?: It depends on your goal. value: NCLH (lower P/E); growth: NCLH (faster 5Y revenue CAGR); quality: ETSY (higher ROIC). Across all compared metrics, NCLH leads 9 to 4.
Is ETSY or NCLH cheaper?: On trailing earnings, NCLH is cheaper: ETSY trades at a 30.31 P/E and NCLH at 17.22.
Which has grown faster, ETSY or NCLH?: Over the past five years, NCLH grew revenue faster — ETSY at a 6.93% CAGR versus NCLH at 208.16%.
Is ETSY or NCLH more profitable?: ETSY runs the higher net margin — ETSY at 9.94% versus NCLH at 5.66%.
Which has been the better investment, ETSY or NCLH?: Over the past 10-year, ETSY delivered the higher annualized total return — ETSY at 22.49% versus NCLH at -7.25%. Past performance doesn't predict future results.

Go deeper

Full ETSY analysis Full NCLH analysis Interactive comparison tool

Dig into the metrics

Etsy P/E ratio Norwegian Cruise Line P/E ratio Etsy dividend yield Norwegian Cruise Line dividend yield Etsy ROE Norwegian Cruise Line ROE Etsy operating margin Norwegian Cruise Line operating margin Etsy revenue growth Norwegian Cruise Line revenue growth Etsy free cash flow Norwegian Cruise Line free cash flow

Etsy & Norwegian Cruise Line appear in these rankings

Fastest Revenue Growth Stocks Highest FCF Yield Stocks Best 10-Year Total Return Stocks

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 June 21, 2026.