Macy's, Inc. (M) vs Norwegian Cruise Line Holdings Ltd. (NCLH)
NCLH leads on 8 of 14 compared metrics, though M is the cheaper stock.
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 June 23, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
M
Macy's, Inc.
$24.66Consumer Cyclical
NCLH
Norwegian Cruise Line Holdings Ltd.
$20.04Consumer Cyclical
Total return — M vs NCLH
growth of $100 · last 13yM -35.2%NCLH -19.2%NCLH compounded faster
M NCLH
M vs NCLH: by the numbers
- •NCLH is the larger company ($9.17B vs $6.49B market cap).
- •M trades at the lower earnings multiple (10.23 vs 16.88 P/E).
- •NCLH converts more revenue to profit (5.66% vs 2.94% net margin).
- •NCLH grew revenue faster over the past five years (208.16% vs 2.77% CAGR).
- •M pays a dividend (3.03% yield) while NCLH does not currently pay one.
Which is better, M or NCLH?
Metric tally: M 6 · NCLH 8It depends on what you're optimizing for:
ValueM(lower P/E)
GrowthNCLH(faster 5Y revenue CAGR)
QualityNCLH(higher ROIC)
Metrics side by side
Valuation
| Metric | M | NCLH |
|---|---|---|
| P/E ratio | 10.23● | 16.88 |
| Forward P/E | 11.27 | 9.93● |
| P/S ratio | 0.30● | 0.93 |
| P/B ratio | 1.39● | 3.84 |
| PEG ratio | 0.66 | — |
| EV / EBITDA | 5.44● | 10.21 |
| FCF yield | 22.32% | — |
Profitability
| Metric | M | NCLH |
|---|---|---|
| Gross margin | 36.54% | 43.05%● |
| Operating margin | 4.47% | 15.88%● |
| Net margin | 2.94% | 5.66%● |
| ROE | 13.79% | 23.37%● |
| ROIC | 6.63% | 8.75%● |
Dividends
| Metric | M | NCLH |
|---|---|---|
| Dividend yield | 3.03% | — |
| Payout ratio | 31.55% | — |
Growth (annualized)
| Metric | M | NCLH |
|---|---|---|
| Revenue CAGR (5Y) | 2.77% | 208.16%● |
| EPS CAGR (5Y) | 4.50%● | -22.47% |
| FCF CAGR (5Y) | 10.73% | 35.22%● |
| Total return CAGR (5Y) | 9.88%● | -8.54% |
Frequently asked
- Which is better, M or NCLH?
- It depends on your goal. value: M (lower P/E); growth: NCLH (faster 5Y revenue CAGR); quality: NCLH (higher ROIC). Across all compared metrics, NCLH leads 8 to 6.
- Is M or NCLH cheaper?
- On trailing earnings, M is cheaper: M trades at a 10.23 P/E and NCLH at 16.88.
- Which has grown faster, M or NCLH?
- Over the past five years, NCLH grew revenue faster — M at a 2.77% CAGR versus NCLH at 208.16%.
- Does M or NCLH pay a bigger dividend?
- M pays a dividend (3.03% yield) while NCLH does not currently pay one.
- Is M or NCLH more profitable?
- NCLH runs the higher net margin — M at 2.94% versus NCLH at 5.66%.
- Which has been the better investment, M or NCLH?
- Over the past 10-year, M delivered the higher annualized total return — M at 1.63% versus NCLH at -7.71%. 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 yieldNorwegian Cruise Line 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 June 23, 2026.