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 August 5, 2026. Differences are shown without an overall score or investment verdict.
ETSY
Etsy, Inc.
$85.86Consumer CyclicalDelayed quote: Aug 5, 2026, 4:00 PM EDT
NCLH
Norwegian Cruise Line Holdings Ltd.
$20.30Consumer CyclicalDelayed quote: Aug 5, 2026, 4:00 PM EDT
Total return — ETSY vs NCLH
growth of $100 · dividends reinvested · last 11yETSY +188.1%NCLH -62.7%ETSY compounded faster
Log scale — wide-divergence pair
ETSY NCLH
ETSY vs NCLH: by the numbers
- •NCLH is the larger company ($9.32B vs $8.15B market cap).
- •NCLH trades at the lower trailing earnings multiple (12.69 vs 35.42 P/E), one valuation lens rather than an overall verdict.
- •ETSY converts more revenue to profit (9.94% vs 7.49% net margin).
- •NCLH grew revenue faster over the past five years (236.47% vs 6.93% CAGR).
Metrics side by side
Valuation
| Metric | ETSY | NCLH |
|---|---|---|
| P/E ratio | 35.42 | 12.69 |
| Forward P/E | 24.26 | 12.77 |
| P/S ratio | 3.65 | 0.93 |
| P/B ratio | N/A | 3.67 |
| EV / EBITDA | 24.24 | 9.30 |
| FCF yield | 6.43% | N/A |
Profitability
| Metric | ETSY | NCLH |
|---|---|---|
| Gross margin | 72.01% | 31.97% |
| Operating margin | 14.26% | 15.09% |
| Net margin | 9.94% | 7.49% |
| ROE | -14.84% | 29.57% |
| ROIC | 11.51% | 8.75% |
Growth (annualized)
| Metric | ETSY | NCLH |
|---|---|---|
| Revenue CAGR (5Y) | 6.93% | 236.47% |
| EPS CAGR (5Y) | -10.22% | N/A |
| FCF CAGR (5Y) | -3.13% | 35.22% |
| Total return CAGR (5Y) | -15.63% | -3.44% |
Frequently asked
- Which has the lower trailing P/E, ETSY or NCLH?
- NCLH has the lower trailing P/E: ETSY trades at 35.42 and NCLH at 12.69. 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 6.93% CAGR versus NCLH at 236.47%.
- Is ETSY or NCLH more profitable?
- ETSY runs the higher net margin — ETSY at 9.94% versus NCLH at 7.49%.
- How have ETSY and NCLH total returns compared?
- Over the past 10 years, ETSY delivered 19.91% and NCLH delivered -7.25% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Etsy P/E ratioNorwegian Cruise Line P/E ratioEtsy dividend yieldNorwegian Cruise Line dividend yieldEtsy ROENorwegian Cruise Line ROEEtsy operating marginNorwegian Cruise Line operating marginEtsy revenue growthNorwegian Cruise Line revenue growthEtsy free cash flowNorwegian Cruise Line free cash flow
Etsy & 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 August 5, 2026.