COMP <GO>
RCL vs CCL // EV/EBITDA & P/E VALUATION
Royal Caribbean Cruises Ltd. (NYSE) VS. Carnival Corporation Ltd. (NYSE) • 15-METRIC TALLY: RCL 7
— CCL 5
▲ EV/EBITDA & P/E VALUATION LEADER: CCL
LAST: $307.18 (-1.08%) • MKT CAP: $83.06B
valuation
10.2x
LAST: $28.83 (-0.04%) • MKT CAP: $38.78B
valuation
8.1x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (RCL VS. CCL)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | RCL | CCL | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 49.40% | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 17.30% | 10.30% | +7.00 | RCL | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | 10.2x | 8.1x | +2.10 | CCL | /valuation <GO> |
| Free Cash Flow Yield | 1.49% | 6.72% | -5.23 | CCL | /fcf-yield <GO> |
| Operating Margin | 27.40% | 16.80% | +10.60 | RCL | /operating-margins <GO> |
| Net Profit Margin | 23.80% | 10.40% | +13.40 | RCL | /net-margins <GO> |
| Revenue Growth (YoY) | 8.80% | 6.40% | +2.40 | RCL | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.99% | 0.00% | +0.99 | RCL | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 2.32 | 1.66 | +0.66 | RCL | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 7/9 | 0.00 | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 68.3 | 68.7 | -0.40 | CCL | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.95 | 0.98 | -0.03 | CCL | /macro-sensitivity <GO> |
| Forward P/E Multiple | 18.1x | 13.1x | +5.00 | CCL | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $83.06B | $38.78B | $44.28B | RCL | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | RCL REV | CCL REV | RCL GROSS % | CCL GROSS % | RCL FCF | CCL FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $17.93B | $26.62B | 49.4% | — | $1.24B | $2.61B |
| FY 2024 | $16.48B | $25.02B | 47.5% | 37.5% | $2.00B | $1.30B |
| FY 2023 | $13.90B | $21.59B | — | — | $3.85B | $3.31B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
RCL // BETA 0.95
CCL // BETA 0.98