International Seaways (INSW) vs Norwegian Cruise Line (NCLH)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
International Seaways (INSW) has outperformed Norwegian Cruise Line (NCLH) over the past year, gaining 176.2% versus a loss of 34.6%. Over five years, INSW leads with a +614.1% price change compared with -41.6% for NCLH. Norwegian Cruise Line is the larger company by market cap ($7.06 billion vs $5.97 billion), about 1.2 times the size.
On valuation, Norwegian Cruise Line trades at a lower forward P/E (9.5x vs 12.6x for International Seaways). International Seaways pays a dividend yielding 0.40%, while Norwegian Cruise Line does not currently pay one. International Seaways converts more of its revenue into profit, with a net margin of 36.7% versus 4.3%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | INSW | NCLH |
|---|---|---|
| Share price | $120.51 | $15.37 |
| Market cap | $5.97B | $7.06B |
| 1-day change | -1.08% | -0.81% |
| YTD return | +150.92% | -30.60% |
| 1-year return | +176.17% | -34.59% |
| 5-year return | +614.07% | -41.61% |
| P/E ratio (TTM) | 7.71 | 9.48 |
| Forward P/E | 12.60 | 9.52 |
| EPS (TTM) | $15.64 | $1.62 |
| Dividend yield | 0.40% | 0.00% |
| Annual dividend | $0.48 | $0.00 |
| Revenue (latest FY) | $843.30M | $9.83B |
| Revenue growth (YoY) | -11.38% | +3.67% |
| Net income (latest FY) | $309.26M | $423.25M |
| Gross margin | — | 42.62% |
| Operating margin | 40.96% | 15.88% |
| Net margin | 36.67% | 4.31% |
| 52-week high | $122.75 | $25.13 |
| 52-week low | $42.26 | $13.63 |
| Distance from 52-week high | -1.82% | -38.86% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | -6.51% | +30.69% |
| Average volume | 630.14K | 16.76M |
| Shares outstanding | 49.53M | 459.19M |
| Employees | 2,837 | 44,500 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Marine Transportation | Marine 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
- INSW has outperformed NCLH by 210.8 percentage points over the past year.
- International Seaways is more profitable, keeping 36.7 cents of every revenue dollar as net income versus 4.3 cents for Norwegian Cruise Line.
- Norwegian Cruise Line grew revenue faster in its latest fiscal year (+3.67% vs -11.38%).
About International Seaways
INSW stock →International Seaways, Inc. owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the international flag trade.
Consumer Discretionary · Marine Transportation · 2,837 employees
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
INSW vs NCLH FAQ
Which is bigger, International Seaways or Norwegian Cruise Line?
Norwegian Cruise Line (NCLH) is larger, with a market capitalization of $7.06B compared with $5.97B for International Seaways (INSW).
Which stock has performed better over the past year, INSW or NCLH?
INSW returned +176.17% over the past 12 months, compared with -34.59% for NCLH (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, INSW or NCLH?
INSW has the lower trailing P/E at 7.7, versus 9.5 for NCLH. 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, International Seaways or Norwegian Cruise Line?
International Seaways pays a dividend yielding 0.40%, while Norwegian Cruise Line does not currently pay a regular dividend.
Are International Seaways and Norwegian Cruise Line in the same industry?
Yes. Both are classified in the Marine Transportation industry within the Consumer Discretionary sector.