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NCLH vs. UAL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between NCLH and UAL is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

NCLH vs. UAL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Norwegian Cruise Line Holdings Ltd. (NCLH) and United Airlines Holdings, Inc. (UAL). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

NCLH:

0.18

UAL:

0.85

Sortino Ratio

NCLH:

0.73

UAL:

1.56

Omega Ratio

NCLH:

1.10

UAL:

1.20

Calmar Ratio

NCLH:

0.18

UAL:

0.77

Martin Ratio

NCLH:

0.72

UAL:

2.52

Ulcer Index

NCLH:

18.60%

UAL:

18.53%

Daily Std Dev

NCLH:

52.25%

UAL:

55.45%

Max Drawdown

NCLH:

-87.81%

UAL:

-93.50%

Current Drawdown

NCLH:

-72.24%

UAL:

-30.09%

Fundamentals

Market Cap

NCLH:

$7.70B

UAL:

$24.45B

EPS

NCLH:

$1.76

UAL:

$10.99

PE Ratio

NCLH:

9.87

UAL:

6.81

PEG Ratio

NCLH:

0.42

UAL:

5.46

PS Ratio

NCLH:

0.82

UAL:

0.42

PB Ratio

NCLH:

5.44

UAL:

1.92

Total Revenue (TTM)

NCLH:

$9.42B

UAL:

$57.74B

Gross Profit (TTM)

NCLH:

$3.60B

UAL:

$22.03B

EBITDA (TTM)

NCLH:

$1.96B

UAL:

$7.65B

Returns By Period

In the year-to-date period, NCLH achieves a -31.21% return, which is significantly lower than UAL's -20.42% return. Over the past 10 years, NCLH has underperformed UAL with an annualized return of -10.40%, while UAL has yielded a comparatively higher 2.25% annualized return.


NCLH

YTD

-31.21%

1M

-3.75%

6M

-35.21%

1Y

9.26%

5Y*

7.34%

10Y*

-10.40%

UAL

YTD

-20.42%

1M

9.09%

6M

-11.70%

1Y

46.82%

5Y*

24.97%

10Y*

2.25%

*Annualized

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Risk-Adjusted Performance

NCLH vs. UAL — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NCLH
The Risk-Adjusted Performance Rank of NCLH is 5959
Overall Rank
The Sharpe Ratio Rank of NCLH is 6060
Sharpe Ratio Rank
The Sortino Ratio Rank of NCLH is 5959
Sortino Ratio Rank
The Omega Ratio Rank of NCLH is 5858
Omega Ratio Rank
The Calmar Ratio Rank of NCLH is 6060
Calmar Ratio Rank
The Martin Ratio Rank of NCLH is 6161
Martin Ratio Rank

UAL
The Risk-Adjusted Performance Rank of UAL is 7979
Overall Rank
The Sharpe Ratio Rank of UAL is 8181
Sharpe Ratio Rank
The Sortino Ratio Rank of UAL is 7979
Sortino Ratio Rank
The Omega Ratio Rank of UAL is 7777
Omega Ratio Rank
The Calmar Ratio Rank of UAL is 8080
Calmar Ratio Rank
The Martin Ratio Rank of UAL is 7777
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NCLH vs. UAL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Norwegian Cruise Line Holdings Ltd. (NCLH) and United Airlines Holdings, Inc. (UAL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current NCLH Sharpe Ratio is 0.18, which is lower than the UAL Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of NCLH and UAL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

NCLH vs. UAL - Dividend Comparison

Neither NCLH nor UAL has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

NCLH vs. UAL - Drawdown Comparison

The maximum NCLH drawdown since its inception was -87.81%, smaller than the maximum UAL drawdown of -93.50%. Use the drawdown chart below to compare losses from any high point for NCLH and UAL. For additional features, visit the drawdowns tool.


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Volatility

NCLH vs. UAL - Volatility Comparison


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Financials

NCLH vs. UAL - Financials Comparison

This section allows you to compare key financial metrics between Norwegian Cruise Line Holdings Ltd. and United Airlines Holdings, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.005.00B10.00B15.00B20212022202320242025
2.13B
13.21B
(NCLH) Total Revenue
(UAL) Total Revenue
Values in USD except per share items

NCLH vs. UAL - Profitability Comparison

The chart below illustrates the profitability comparison between Norwegian Cruise Line Holdings Ltd. and United Airlines Holdings, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

-60.0%-40.0%-20.0%0.0%20.0%40.0%60.0%20212022202320242025
38.7%
62.6%
(NCLH) Gross Margin
(UAL) Gross Margin
NCLH - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Norwegian Cruise Line Holdings Ltd. reported a gross profit of 823.62M and revenue of 2.13B. Therefore, the gross margin over that period was 38.7%.

UAL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, United Airlines Holdings, Inc. reported a gross profit of 8.28B and revenue of 13.21B. Therefore, the gross margin over that period was 62.6%.

NCLH - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Norwegian Cruise Line Holdings Ltd. reported an operating income of 200.94M and revenue of 2.13B, resulting in an operating margin of 9.4%.

UAL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, United Airlines Holdings, Inc. reported an operating income of 607.00M and revenue of 13.21B, resulting in an operating margin of 4.6%.

NCLH - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Norwegian Cruise Line Holdings Ltd. reported a net income of -40.30M and revenue of 2.13B, resulting in a net margin of -1.9%.

UAL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, United Airlines Holdings, Inc. reported a net income of 387.00M and revenue of 13.21B, resulting in a net margin of 2.9%.