Norwegian Cruise Line Holdings Ltd vs BlackRock TCP Capital Corp — how do they compare? Norwegian Cruise Line Holdings Ltd trades at $19.47 (market cap $8.95B), while BlackRock TCP Capital Corp trades at $3.24 (market cap $270.17M). The key difference: Norwegian Cruise Line Holdings Ltd is far larger — about 33.1× BlackRock TCP Capital Corp's market cap, and BlackRock TCP Capital Corp pays a 26.09% dividend while Norwegian Cruise Line Holdings Ltd pays none. Which is the better fit depends on your goals.
| NCLH | TCPC | |
|---|---|---|
Market Cap | $8.95B | $270.17M |
Sector | Consumer Cyclical | Financials |
52-Week High | $26.94 | $7.64 |
52-Week Low | $14.79 | $3.14 |
Enterprise Value | $23.92B | — |
Dividend Yield | — | 26.09% |
Trailing returns across standard periods
Norwegian Cruise Line is the world's third-largest cruise company by berths (at more than 62,000), operating 29 ships across three brands (Norwegian, Oceania, and Regent Seven Seas), offering both freestyle and luxury cruising. The company has redeployed its entire fleet as of May 2022. With eight passenger vessels on order among its brands through 2027 (representing 20,000 incremental berths), Norwegian is increasing capacity faster than its peers, expanding its brand globally. Norwegian sailed to around 500 global destinations before the pandemic.
Read more on NCLH →BlackRock TCP Capital Corp is a finance company specializing in middle-market lending. It aims for high returns through income and capital appreciation while prioritizing principal protection. The company invests in debt securities and earns revenue from interest payments, fees, and some equity appreciation.
Read more on TCPC →