Norwegian Cruise Line Holdings Ltd vs Tidewater Inc — how do they compare? Norwegian Cruise Line Holdings Ltd trades at $19.47 (market cap $8.95B), while Tidewater Inc trades at $78.18 (market cap $3.75B). The key difference: Norwegian Cruise Line Holdings Ltd is far larger — about 2.4× Tidewater Inc's market cap, and Tidewater Inc is trading nearer its 52-week high, Norwegian Cruise Line Holdings Ltd nearer its low. Which is the better fit depends on your goals.
| NCLH | TDW | |
|---|---|---|
Market Cap | $8.95B | $3.75B |
Sector | Consumer Cyclical | Utilities |
52-Week High | $26.94 | $91.12 |
52-Week Low | $14.79 | $47.29 |
Enterprise Value | $23.92B | $3.85B |
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 →Tidewater is the leading global provider of offshore support vessels (OSVs) to the energy industry. With the world's largest fleet of platform supply vessels (PSVs) and anchor handling tugs (AHTS), it provides critical logistics and marine support for offshore oil, gas, and renewable energy projects. Following a period of massive strategic consolidation, Tidewater is now focused on maximizing day rates and free cash flow in a supply-constrained market, positioning itself as a primary beneficiary of the multi-year offshore upcycle.
Read more on TDW →