Which has the lower trailing P/E, MGM or NCLH?

NCLH has the lower trailing P/E: MGM trades at 27.09 and NCLH at 12.11. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, MGM or NCLH?

Over the past five years, NCLH grew revenue faster — MGM at a 22.64% CAGR versus NCLH at 236.47%.

Is MGM or NCLH more profitable?

NCLH runs the higher net margin — MGM at 2.40% versus NCLH at 7.49%.

How have MGM and NCLH total returns compared?

Over the past 10 years, MGM delivered 6.84% and NCLH delivered -7.69% annualized total return. Past performance doesn't predict future results.

MGM Resorts International (MGM) vs Norwegian Cruise Line Holdings Ltd. (NCLH)

A side-by-side comparison of MGM Resorts International and Norwegian Cruise Line Holdings Ltd. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 7, 2026. Differences are shown without an overall score or investment verdict.

MGM

MGM Resorts International

$11.19B

$44.47Consumer CyclicalDelayed quote: Aug 7, 2026, 4:00 PM EDT

NCLH

Norwegian Cruise Line Holdings Ltd.

$8.84B

$19.25Consumer CyclicalDelayed quote: Aug 7, 2026, 4:00 PM EDT

Total return — MGM vs NCLH

growth of $100 · dividends reinvested · last 14y

MGM +271.6%NCLH -21.9%MGM compounded faster

MGM NCLH

MGM vs NCLH: by the numbers

•MGM is the larger company ($11.19B vs $8.84B market cap).
•NCLH trades at the lower trailing earnings multiple (12.11 vs 27.09 P/E), one valuation lens rather than an overall verdict.
•NCLH converts more revenue to profit (7.49% vs 2.40% net margin).
•NCLH grew revenue faster over the past five years (236.47% vs 22.64% CAGR).

Metrics side by side

Valuation

Metric	MGM	NCLH
P/E ratio	27.09	12.11
Forward P/E	23.96	12.19
P/S ratio	0.65	0.88
P/B ratio	4.58	3.49
EV / EBITDA	18.46	9.12
FCF yield	14.51%	N/A

Profitability

Metric	MGM	NCLH
Gross margin	44.16%	31.97%
Operating margin	5.73%	15.09%
Net margin	2.40%	7.49%
ROE	16.96%	29.57%
ROIC	2.65%	8.75%

Growth (annualized)

Metric	MGM	NCLH
Revenue CAGR (5Y)	22.64%	236.47%
FCF CAGR (5Y)	27.93%	35.22%
Total return CAGR (5Y)	2.35%	-4.89%

Frequently asked

Which has the lower trailing P/E, MGM or NCLH?: NCLH has the lower trailing P/E: MGM trades at 27.09 and NCLH at 12.11. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, MGM or NCLH?: Over the past five years, NCLH grew revenue faster — MGM at a 22.64% CAGR versus NCLH at 236.47%.
Is MGM or NCLH more profitable?: NCLH runs the higher net margin — MGM at 2.40% versus NCLH at 7.49%.
How have MGM and NCLH total returns compared?: Over the past 10 years, MGM delivered 6.84% and NCLH delivered -7.69% annualized total return. Past performance doesn't predict future results.

Go deeper

Full MGM analysis Full NCLH analysis Interactive comparison tool

Dig into the metrics

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

MGM Resorts International & Norwegian Cruise Line appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest FCF Yield Stocks Lowest P/E Ratio 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 August 7, 2026.