Melco Resorts & Entertainment (MLCO) vs OneSpaWorld (OSW)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
OneSpaWorld (OSW) has outperformed Melco Resorts & Entertainment (MLCO) over the past year, gaining 10.5% versus a loss of 50.2%. Over five years, OSW leads with a +111.7% price change compared with -62.5% for MLCO. OneSpaWorld is the larger company by market cap ($2.39 billion vs $1.59 billion), about 1.5 times the size, while Melco Resorts & Entertainment is growing revenue faster (+11.3% vs +7.4%).
On valuation, Melco Resorts & Entertainment trades at a lower forward P/E (5.8x vs 18.2x for OneSpaWorld). OneSpaWorld pays a dividend yielding 0.81%, while Melco Resorts & Entertainment does not currently pay one. OneSpaWorld converts more of its revenue into profit, with a net margin of 7.5% versus 3.6%.
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 | MLCO | OSW |
|---|---|---|
| Share price | $4.17 | $23.50 |
| Market cap | $1.59B | $2.39B |
| 1-day change | 0.00% | +0.86% |
| YTD return | -44.91% | +13.31% |
| 1-year return | -50.24% | +10.54% |
| 5-year return | -62.50% | +111.71% |
| P/E ratio (TTM) | 7.07 | 29.75 |
| Forward P/E | 5.80 | 18.22 |
| EPS (TTM) | $0.59 | $0.79 |
| Dividend yield | 0.00% | 0.81% |
| Annual dividend | $0.00 | $0.19 |
| Revenue (latest FY) | $5.16B | $961.00M |
| Revenue growth (YoY) | +11.32% | +7.37% |
| Net income (latest FY) | $185.04M | $71.62M |
| Operating margin | 11.63% | 8.49% |
| Net margin | 3.58% | 7.45% |
| 52-week high | $9.53 | $29.25 |
| 52-week low | $4.06 | $19.06 |
| Distance from 52-week high | -56.24% | -19.65% |
| Analyst consensus | none | strong_buy |
| Avg. price target upside | +69.30% | +32.77% |
| Average volume | 1.84M | 917.10K |
| Shares outstanding | 380.24M | 101.50M |
| Employees | 22,961 | 5,395 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Hotels/Resorts | Hotels/Resorts |
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
- OSW has outperformed MLCO by 60.8 percentage points over the past year.
- OneSpaWorld trades at a higher earnings multiple (29.7x vs 7.1x trailing P/E).
About Melco Resorts & Entertainment
MLCO stock →Melco Resorts & Entertainment Limited develops, owns, and operates casino gaming and resort facilities in Macau, the Philippines, Cyprus, and internationally. It operates through City of Dreams, Studio City, Altira Macau, Mocha, City of Dreams Manila, City of Dreams Mediterranean and Other, Other Operations, and Corporate and Other segments.
Consumer Discretionary · Hotels/Resorts · 22,961 employees
About OneSpaWorld
OSW stock →OneSpaWorld Holdings Limited operates health and wellness centers onboard cruise ships and at destination resorts in the United States and internationally. It offers massage and body care services and therapies, and aesthetics treatments; medi-spa services; and acupuncture, electric stimulation acupuncture, LED therapy, cupping, posture and gait analysis, and therapy for recovery.
Consumer Discretionary · Hotels/Resorts · 5,395 employees
MLCO vs OSW FAQ
Which is bigger, Melco Resorts & Entertainment or OneSpaWorld?
OneSpaWorld (OSW) is larger, with a market capitalization of $2.39B compared with $1.59B for Melco Resorts & Entertainment (MLCO).
Which stock has performed better over the past year, MLCO or OSW?
OSW returned +10.54% over the past 12 months, compared with -50.24% for MLCO (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MLCO or OSW?
MLCO has the lower trailing P/E at 7.1, versus 29.7 for OSW. 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, Melco Resorts & Entertainment or OneSpaWorld?
OneSpaWorld pays a dividend yielding 0.81%, while Melco Resorts & Entertainment does not currently pay a regular dividend.
Are Melco Resorts & Entertainment and OneSpaWorld in the same industry?
Yes. Both are classified in the Hotels/Resorts industry within the Consumer Discretionary sector.