MetaCap

Norwegian Cruise Line (NCLH) vs Trip.com Group (TCOM)

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

Summary

Norwegian Cruise Line (NCLH) has outperformed Trip.com Group (TCOM) over the past year, losing 37.0% versus a loss of 46.8%. Over five years, TCOM leads with a +16.4% price change compared with -43.3% for NCLH. Trip.com Group is the larger company by market cap ($23.89 billion vs $6.90 billion), about 3.5 times the size.

On valuation, Norwegian Cruise Line trades at a lower forward P/E (9.2x vs 9.2x for Trip.com Group). Trip.com Group converts more of its revenue into profit, with a net margin of 53.4% versus 4.3%.

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

Relative performance

NCLH-37.03%TCOM-46.82%
+13%-18%-50%
Oct 7, 20251 yearOct 7, 2026
NCLH-42.88%TCOM+19.70%
+157%+45%-67%
Oct 4, 20215 yearsOct 5, 2026

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

Head-to-head

NCLH versus TCOM key metrics
MetricNCLHTCOM
Share price$15.04$37.94
Market cap$6.90B$23.89B
1-day change-0.03%-0.39%
YTD return-32.57%-47.03%
1-year return-37.03%-46.82%
5-year return-43.27%+16.41%
P/E ratio (TTM)9.287.65
Forward P/E9.169.24
EPS (TTM)$1.62$4.96
Dividend yield0.00%0.00%
Annual dividend$0.00$0.00
Revenue (latest FY)$9.83B$8.93B
Revenue growth (YoY)+3.67%+22.23%
Net income (latest FY)$423.25M$4.76B
Gross margin42.62%80.58%
Operating margin15.88%25.29%
Net margin4.31%53.36%
52-week high$25.13$78.99
52-week low$13.63$37.63
Distance from 52-week high-40.17%-51.97%
Analyst consensusbuystrong_buy
Avg. price target upside+33.56%+54.30%
Average volume16.68M3.22M
Shares outstanding459.19M629.71M
Employees44,50043,574
SectorConsumer DiscretionaryConsumer Discretionary
IndustryMarine TransportationBusiness Services

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

  • Trip.com Group is about 3.5 times larger than Norwegian Cruise Line by market value ($23.89B vs $6.90B).
  • Trip.com Group is more profitable, keeping 53.4 cents of every revenue dollar as net income versus 4.3 cents for Norwegian Cruise Line.
  • Trip.com Group grew revenue faster in its latest fiscal year (+22.23% vs +3.67%).

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

About Trip.com Group

TCOM stock →

Trip.com Group Limited, through its subsidiaries, operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours, in-destination, corporate travel management, and other travel-related services in China and internationally. It acts as an agent for hotel-related transactions and selling air tickets, as well as provides train, long-distance bus, and ferry tickets; travel insurance products, such as flight delay, air accident, and baggage loss coverage; and air-ticket delivery, online check-in and seat selection, express security screening, real-time flight status tracker, and airport VIP lounge services.

Consumer Discretionary · Business Services · 43,574 employees

NCLH vs TCOM FAQ

Which is bigger, Norwegian Cruise Line or Trip.com Group?

Trip.com Group (TCOM) is larger, with a market capitalization of $23.89B compared with $6.90B for Norwegian Cruise Line (NCLH).

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

NCLH returned -37.03% over the past 12 months, compared with -46.82% for TCOM (price return, excluding dividends). Past performance does not predict future results.

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

TCOM has the lower trailing P/E at 7.6, versus 9.3 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.

Are Norwegian Cruise Line and Trip.com Group in the same industry?

Both are in the Consumer Discretionary sector, but in different industries: Marine Transportation for Norwegian Cruise Line and Business Services for Trip.com Group.

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