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.

Compare

Total returnETSY vs NCLH

growth of $100 · dividends reinvested · last 11y
ETSY +188.1%NCLH -62.7%ETSY compounded faster
Log scale — wide-divergence pair
101001kStart $10020172019202120232025$288$37
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

MetricETSYNCLH
P/E ratio35.4212.69
Forward P/E24.2612.77
P/S ratio3.650.93
P/B ratioN/A3.67
EV / EBITDA24.249.30
FCF yield6.43%N/A

Profitability

MetricETSYNCLH
Gross margin72.01%31.97%
Operating margin14.26%15.09%
Net margin9.94%7.49%
ROE-14.84%29.57%
ROIC11.51%8.75%

Growth (annualized)

MetricETSYNCLH
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.

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.