Macy's, Inc. (M) vs Norwegian Cruise Line Holdings Ltd. (NCLH)
A side-by-side comparison of Macy's, Inc. and Norwegian Cruise Line Holdings Ltd. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 20, 2026. Differences are shown without an overall score or investment verdict.
M
Macy's, Inc.
$23.40Consumer CyclicalAt close: Aug 19, 2026, 4:00 PM ET
NCLH
Norwegian Cruise Line Holdings Ltd.
$17.34Consumer CyclicalAt close: Aug 19, 2026, 4:00 PM ET
Total return — M vs NCLH
growth of $100 · dividends reinvested · last 10yM -10.1% (-1.1%/yr)NCLH -54.0% (-7.5%/yr)M compounded faster over this window
M NCLH
M vs NCLH: by the numbers
- •NCLH is the larger company ($7.96B vs $6.16B market cap).
- •M trades at the lower trailing earnings multiple (9.71 vs 10.84 P/E), one valuation lens rather than an overall verdict.
- •NCLH converts more revenue to profit (7.49% vs 2.94% net margin).
- •NCLH grew revenue faster over the past five years (236.47% vs -2.85% CAGR).
- •M pays a dividend (3.20% yield), while NCLH has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | M | NCLH |
|---|---|---|
| P/E ratio | 9.71 | 10.84 |
| Forward P/E | 10.69 | 10.91 |
| P/S ratio | 0.28 | 0.79 |
| P/B ratio | 1.32 | 3.13 |
| EV / EBITDA | 5.36 | 8.76 |
| FCF yield | 23.53% | N/A |
Profitability
| Metric | M | NCLH |
|---|---|---|
| Gross margin | 36.54% | 31.97% |
| Operating margin | 4.47% | 15.09% |
| Net margin | 2.94% | 7.49% |
| ROE | 13.79% | 29.57% |
| ROIC | 6.67% | 8.01% |
Dividends
| Metric | M | NCLH |
|---|---|---|
| Dividend yield | 3.20% | N/A |
| Payout ratio | 31.55% | N/A |
Growth (annualized)
| Metric | M | NCLH |
|---|---|---|
| Revenue CAGR (5Y) | -2.85% | 236.47% |
| EPS CAGR (5Y) | -15.53% | N/A |
| FCF CAGR (5Y) | -15.90% | 35.22% |
| Total return CAGR (5Y) | 5.58% | -5.54% |
Frequently asked
- Which has the lower trailing P/E, M or NCLH?
- M has the lower trailing P/E: M trades at 9.71 and NCLH at 10.84. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, M or NCLH?
- Over the past five years, NCLH grew revenue faster — M at a -2.85% CAGR versus NCLH at 236.47%.
- Does M or NCLH pay a bigger dividend?
- M pays a dividend (3.20% yield), while NCLH has no payments in the available dividend history.
- Is M or NCLH more profitable?
- NCLH runs the higher net margin — M at 2.94% versus NCLH at 7.49%.
- How have M and NCLH total returns compared?
- Over the past 10 years, M delivered -0.96% and NCLH delivered -7.60% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Macy's P/E ratioNorwegian Cruise Line P/E ratioMacy's dividend yieldMacy's ROENorwegian Cruise Line ROEMacy's operating marginNorwegian Cruise Line operating marginMacy's revenue growthNorwegian Cruise Line revenue growthMacy's free cash flowNorwegian Cruise Line free cash flow
Macy's & 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 20, 2026.