Consumer Discretionary stock comparison
Booking (BKNG) and Norwegian Cruise Line (NCLH) do not both have comparable annual revenue in the SEC XBRL snapshot, so this comparison rests on business descriptions, classifications, and filings. The SEC classifies them differently (Transportation Services; Water Transportation); what connects them is shared exposure to the International markets research theme, not a common industry.
Figures come from each company's own SEC filings. This page compares the businesses; it is not a price target or a verdict.
| Company fact | BKNG | NCLH |
|---|---|---|
| Company | Booking Holdings Inc. | Norwegian Cruise Line Holdings Ltd. |
| Exchange | NASDAQ | NYSE |
| Headquarters | Norwalk, Connecticut | — |
| Founded | 1997 | — |
| SEC industry | Transportation Services | Water Transportation |
| Fiscal year-end | December 31 | December 31 |
| Latest annual filing | 10-K · 2026-02-18 | 10-K · 2026-03-02 |
Overlap is drawn from SEC classifications and Yield Theory research themes. It is not evidence that the companies sell to the same customers or compete product for product.
Booking Holdings operates leading online travel brands including Booking.com, Priceline, and Kayak. Its platforms connect travelers with accommodations, flights, and rentals worldwide, giving it broad exposure to global travel demand.
Norwegian Cruise Line Holdings operates cruise brands offering leisure voyages across global destinations.
Company-specific drivers maintained by Yield Theory. Use them to decide which filing deserves deeper work; they are not predictions.
We have not yet published a company-specific driver list for BKNG. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-02-18.
We have not yet published a company-specific driver list for NCLH. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-03-02.
You now know how BKNG and NCLH are classified, when their fiscal years end, and where their exposures overlap. Those are the facts. The investment question is what each share price already assumes about their exposure to international markets, and which evidence in the next filings would prove that assumption wrong.
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Read the full researchStart with primary filings because fiscal calendars and accounting presentation can make superficially similar quarters incomparable. Both fiscal years end December 31, so annual reports line up, but check segment definitions before comparing growth or margins.
The current verified House and Senate snapshot contains 15 matched transaction rows for BKNG and 4 matched transaction rows for NCLH. These delayed, range-based disclosures can identify a filing to inspect; they do not establish motive, conviction, or a real-time trading signal.
This page does not contain licensed live prices, a valuation model, earnings estimates, portfolio constraints, or a forecast of future returns. SEC classifications can be broad, company descriptions can lag strategic change, and the latest annual filing may predate a material acquisition or divestiture. Read subsequent quarterly and current reports before making a decision.
A stronger business is not automatically the better stock. Starting valuation, expectations, capital structure, cyclicality, dilution, and the probability of each thesis determine the investment outcome. Use this comparison to frame the work, then verify the numbers in the linked filings and current company disclosures.
Not necessarily. Booking files as Transportation Services and Norwegian Cruise Line as Water Transportation. The pair is compared because both map to the International markets research theme, not because the filings show head-to-head competition.
There is no context-free winner. Compare the operating exposures, filing evidence, valuation, balance sheet, and risks against the specific thesis you are testing. This page deliberately does not turn a static profile into a buy or sell recommendation.
No. Yield Theory does not republish unlicensed real-time market data. The financial figures on this page are the audited annual numbers Booking Holdings Inc. and Norwegian Cruise Line Holdings Ltd. tagged in their SEC XBRL filings. Use a regulated broker or licensed quote provider for current prices and valuation multiples.
Company classifications, fiscal year-ends, and filing links come from the SEC EDGAR submissions API snapshot refreshed 2026-10-03. Business summaries and research themes are maintained by Yield Theory.
Data snapshot: SEC EDGAR submissions API, refreshed 2026-10-03. Independent educational research; not investment advice.
BKNG vs NCLH compares reported results. The reports below show how we connect operating evidence to an investment thesis, its assumptions, catalysts, and risks. $39/month or $249/year.
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