ABNB vs NCLH
Airbnb (ABNB) and Norwegian Cruise Line (NCLH) compared side by side. Airbnb (ABNB) is larger, with a market cap of $103.0B versus $6.9B for Norwegian Cruise Line, about 14.9 times the size. On trailing earnings, NCLH is cheaper at 9.3x versus 39.2x for ABNB.
Head to head
| Metric | ABNB | NCLH |
|---|---|---|
| Market cap | $103.0B | $6.9B |
| P/E (TTM) | 39.2x | 9.3x |
| Forward P/E | 27.7x | 10.2x |
| Revenue (TTM) | $13.2B | $10.2B |
| Revenue growth | 16.5% | 4.9% |
| Gross margin | 82.9% | 42.5% |
| Operating margin | 21.0% | 14.0% |
| Free cash flow | $4.9B | -$1.2B |
| Dividend yield | None | None |
| 1-year return | +35.1% | -35.7% |
| 5-year return (annual) | +0.6% | -9.9% |
| Max drawdown | -62% | -88% |
| FI Handbook grade | B | C- |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
ABNB vs NCLH FAQ
Which is bigger, ABNB or NCLH?
Airbnb (ABNB) is larger, with a market cap of $103.0B versus $6.9B for Norwegian Cruise Line, about 14.9 times the size.
Is ABNB or NCLH cheaper?
On trailing earnings, NCLH is cheaper at 9.3x versus 39.2x for ABNB. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, ABNB or NCLH?
ABNB returned +35.1% over the past year including dividends, versus -35.7% for NCLH, through October 23, 2026.
Full pages: Airbnb · Norwegian Cruise Line