CCL vs RCL: Stock Comparison
Carnival Corporation Ltd. compared with Royal Caribbean Cruises Ltd.: size, valuation, growth, margins, dividends and returns.
CCL vs RCL at a Glance
As of Nov 6, 2026, Carnival Corporation Ltd. (CCL) has a market capitalization of $40.47B versus $87.68B for Royal Caribbean Cruises Ltd. (RCL). Both companies are classified in the Travel Services industry.
CCL trades at 12.9x trailing and 10.1x forward earnings, compared with 19.9x trailing and 14.5x forward earnings for RCL as of Nov 6, 2026. Over the trailing twelve months, revenue grew 5.2% at CCL and 8.7% at RCL, operating margins were 16.0% and 27.3%, and net profit margins 11.4% and 23.5%.
As of Nov 6, 2026, CCL has a dividend yield of 1.66% and RCL 1.92%. Over the past year CCL shares changed −8.02% versus −9.70% for RCL (price change, dividends excluded).
Key Figures Side by Side
| Metric | CCL | RCL |
|---|---|---|
| Market cap | $40.47B | $87.68B |
| P/E ratio (TTM) | 12.89 | 19.94 |
| Forward P/E | 10.10 | 14.47 |
| Revenue growth (TTM, YoY) | 5.20% | 8.72% |
| Gross margin (TTM) | 47.13% | 49.07% |
| Operating margin (TTM) | 15.99% | 27.33% |
| Net profit margin (TTM) | 11.38% | 23.54% |
| Dividend yield | 1.66% | 1.92% |
| 1-year price change | −8.02% | −9.70% |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Travel Services | Travel Services |
Source: Exchange price data and company financial statements. Data as of Nov 6, 2026. Data sources and methodology
Interactive CCL vs RCL Comparison
Performance Comparison
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Comparison Results
Marked values are the best in their row where higher or lower is clearly better.
Frequently Asked Questions
Which is bigger, CCL or RCL?
Royal Caribbean Cruises Ltd. (RCL) is larger as of Nov 6, 2026, with a market capitalization of $87.68B against $40.47B for Carnival Corporation Ltd. (CCL), about 2.2 times the size.
Which stock is cheaper, CCL or RCL?
On trailing earnings CCL is cheaper as of Nov 6, 2026: it trades at 12.9x versus 19.9x for RCL. On forward earnings CCL trades at 10.1x and RCL at 14.5x. A lower multiple can also reflect slower expected growth.
Which pays a higher dividend, CCL or RCL?
RCL pays more as of Nov 6, 2026: its dividend yield is 1.92% versus 1.66% for CCL.
Which has performed better, CCL or RCL?
CCL has done better over the past year to Nov 6, 2026: its shares changed −8.02% against −9.70% for RCL. These are price changes and exclude dividends.