MetaCap

Brookfield Infrastructure Partners (BIP) vs Norwegian Cruise Line (NCLH)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Brookfield Infrastructure Partners (BIP) has outperformed Norwegian Cruise Line (NCLH) over the past year, gaining 8.1% versus a loss of 37.0%. Over five years, BIP leads with a -2.3% price change compared with -43.3% for NCLH. Brookfield Infrastructure Partners is the larger company by market cap ($29.21 billion vs $7.11 billion), about 4.1 times the size.

On valuation, Norwegian Cruise Line trades at a lower forward P/E (9.4x vs 25.4x for Brookfield Infrastructure Partners). Brookfield Infrastructure Partners pays a dividend yielding 4.80%, while Norwegian Cruise Line does not currently pay one. Brookfield Infrastructure Partners converts more of its revenue into profit, with a net margin of 11.0% versus 4.3%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

BIP+8.12%NCLH-35.10%
+26%-9%-44%
Oct 7, 20251 yearOct 6, 2026
BIP-0.22%NCLH-42.88%
+23%-19%-61%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

BIP versus NCLH key metrics
MetricBIPNCLH
Share price$36.89$15.49
Market cap$29.21B$7.11B
1-day change-1.50%+2.92%
YTD return+7.74%-32.57%
1-year return+8.12%-37.03%
5-year return-2.29%-43.27%
P/E ratio (TTM)59.509.56
Forward P/E25.419.44
EPS (TTM)$0.62$1.62
Dividend yield4.80%0.00%
Annual dividend$1.77$0.00
Revenue (latest FY)$23.10B$9.83B
Revenue growth (YoY)+9.80%+3.67%
Net income (latest FY)$2.53B$423.25M
Gross margin26.94%42.62%
Operating margin25.10%15.88%
Net margin10.96%4.31%
52-week high$44.04$25.13
52-week low$33.21$13.63
Distance from 52-week high-16.24%-38.36%
Analyst consensusbuybuy
Avg. price target upside+27.68%+29.63%
Average volume906.11K16.68M
Shares outstanding457.71M459.19M
Employees—44,500
SectorConsumer DiscretionaryConsumer Discretionary
IndustryMarine TransportationMarine Transportation

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Brookfield Infrastructure Partners is about 4.1 times larger than Norwegian Cruise Line by market value ($29.21B vs $7.11B).
  • BIP has outperformed NCLH by 45.1 percentage points over the past year.
  • Brookfield Infrastructure Partners trades at a higher earnings multiple (59.5x vs 9.6x trailing P/E).
  • Brookfield Infrastructure Partners offers a meaningfully higher dividend yield (4.80% vs 0.00%).
  • Brookfield Infrastructure Partners is more profitable, keeping 11.0 cents of every revenue dollar as net income versus 4.3 cents for Norwegian Cruise Line.
  • Brookfield Infrastructure Partners grew revenue faster in its latest fiscal year (+9.80% vs +3.67%).

About Brookfield Infrastructure Partners

BIP stock →

Brookfield Infrastructure Partners L.P. engages in the utilities, transport, midstream, and data businesses.

Consumer Discretionary · Marine Transportation

About Norwegian Cruise Line

NCLH stock →

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. It offers itineraries to destinations, such as Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, the Caribbean, and Alaska; and inter-island itinerary in Hawaii.

Consumer Discretionary · Marine Transportation · 44,500 employees

BIP vs NCLH FAQ

Which is bigger, Brookfield Infrastructure Partners or Norwegian Cruise Line?

Brookfield Infrastructure Partners (BIP) is larger, with a market capitalization of $29.21B compared with $7.11B for Norwegian Cruise Line (NCLH).

Which stock has performed better over the past year, BIP or NCLH?

BIP returned +8.12% over the past 12 months, compared with -37.03% for NCLH (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, BIP or NCLH?

NCLH has the lower trailing P/E at 9.6, versus 59.5 for BIP. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Brookfield Infrastructure Partners or Norwegian Cruise Line?

Brookfield Infrastructure Partners pays a dividend yielding 4.80%, while Norwegian Cruise Line does not currently pay a regular dividend.

Are Brookfield Infrastructure Partners and Norwegian Cruise Line in the same industry?

Yes. Both are classified in the Marine Transportation industry within the Consumer Discretionary sector.

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