Norwegian Cruise [NCLH] vs Royal Caribbean [RCL] Detailed Stock Comparison

Norwegian Cruise Line Holdings Ltd.

NYSE
Loading...

Royal Caribbean Group

NYSE
Loading...

TLDR: Quick Comparison Summary

Based on 21 vital metrics comparison: Norwegian Cruise Line Holdings Ltd. wins in 6 metrics, Royal Caribbean Group wins in 14 metrics, with 0 ties. Royal Caribbean Group appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric Norwegian Cruise Line Holdings Ltd. Royal Caribbean Group Better
P/E Ratio (TTM) 20.71 21.79 Norwegian Cruise Line Holdings Ltd.
Price-to-Book Ratio 3.93 9.14 Norwegian Cruise Line Holdings Ltd.
Debt-to-Equity Ratio 703.03 247.10 Royal Caribbean Group
PEG Ratio -0.22 18.75 Royal Caribbean Group
EV/EBITDA 9.48 15.60 Norwegian Cruise Line Holdings Ltd.
Profit Margin (TTM) 4.31% 19.38% Royal Caribbean Group
Operating Margin (TTM) 8.32% 23.73% Royal Caribbean Group
EBITDA Margin (TTM) 8.32% 23.73% Royal Caribbean Group
Return on Equity 23.29% 48.52% Royal Caribbean Group
Return on Assets (TTM) 4.59% 7.43% Royal Caribbean Group
Free Cash Flow (TTM) $-1.17B $2.00B Royal Caribbean Group
Dividend Yield N/A 1.53% N/A
1-Year Return 3.91% 10.76% Royal Caribbean Group
Price-to-Sales Ratio (TTM) 0.88 4.34 Norwegian Cruise Line Holdings Ltd.
Enterprise Value $24.13B $92.68B Royal Caribbean Group
EV/Revenue Ratio 2.46 5.53 Norwegian Cruise Line Holdings Ltd.
Gross Profit Margin (TTM) 41.03% 48.04% Royal Caribbean Group
Revenue per Share (TTM) $22 $63 Royal Caribbean Group
Earnings per Share (Diluted) $0.92 $12.30 Royal Caribbean Group
Beta (Stock Volatility) 2.11 2.15 Norwegian Cruise Line Holdings Ltd.
Short % of Float 15.31% 4.96% Royal Caribbean Group

Norwegian Cruise Line Holdings Ltd. vs Royal Caribbean Group Stock Performance Analysis

Loading Price Chart...

NCLH
RCL

Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Norwegian Cruise Line Holdings Ltd.0.11%6.14%5.52%-18.17%-1.52%-20.32%
Royal Caribbean Group-1.51%8.67%12.11%-3.30%9.74%2.70%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Norwegian Cruise Line Holdings Ltd.3.91%16.22%-42.90%-59.90%-26.02%-26.02%
Royal Caribbean Group10.76%230.08%202.57%272.70%670.10%630.19%

Performance & Financial Health Analysis: Norwegian Cruise Line Holdings Ltd. vs Royal Caribbean Group

MetricNCLHRCL
Market Information
Market Cap i$8.39B$72.77B
Market Cap CategoryMid capLarge cap
10 Day Avg. Volume i17,083,4812,030,490
90 Day Avg. Volume i20,152,7001,904,410
Last Close$18.15$286.42
52 Week Range$14.53 - $27.18$232.10 - $366.50
% from 52W High-33.22%-21.85%
All-Time High$64.27 (Nov 02, 2015)$366.59 (Aug 29, 2025)
% from All-Time High-71.76%-21.87%
Growth Metrics
Quarterly Revenue Growth0.06%0.07%
Quarterly Earnings Growth-0.94%1.03%
Financial Health
Profit Margin (TTM) i0.04%0.19%
Operating Margin (TTM) i0.08%0.24%
Return on Equity (TTM) i0.23%0.49%
Debt to Equity (MRQ) i703.03247.10
Cash & Liquidity
Book Value per Share (MRQ)$4.85$29.31
Cash per Share (MRQ)$0.46$1.42
Operating Cash Flow (TTM) i$2.09B$5.56B
Levered Free Cash Flow (TTM) i$-1,548,832,768$1.20B
Dividends
Last 12-Month Dividend Yield iN/A1.53%
Last 12-Month Dividend iN/A$4.25

Valuation & Enterprise Metrics Analysis: Norwegian Cruise Line Holdings Ltd. vs Royal Caribbean Group

MetricNCLH (Apr 24, 2026)RCL (Jun 13, 2025)
Price Ratios
P/E Ratio (TTM) i20.7121.79
Forward P/E i7.5718.75
PEG Ratio i-0.2218.75
Price to Sales (TTM) i0.884.34
Price to Book (MRQ) i3.939.14
Market Capitalization
Market Capitalization i$8.39B$72.77B
Enterprise Value i$24.13B$92.68B
Enterprise Value Metrics
Enterprise to Revenue i2.465.53
Enterprise to EBITDA i9.4815.60
Risk & Other Metrics
Beta i2.112.15
Book Value per Share (MRQ) i$4.85$29.31

Financial Statements Comparison: Norwegian Cruise Line Holdings Ltd. vs Royal Caribbean Group

Financial Metrics

Loading Financial Charts...

Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricNCLH (2025)RCL (2024)
Revenue/Sales i9.83B16.49B
Cost of Goods Sold i5.64B8.65B
COGS % of Revenue i57.4%52.5%
Gross Profit i4.19B7.83B
Gross Margin i42.6%47.5%
Research & Development iN/AN/A
Operating Income (EBIT) i1.56B4.11B
Operating Margin i15.9%24.9%
EBITDA i2.54B6.09B
EBITDA Margin i25.9%36.9%
Pre-Tax Income i428.72M2.90B
Pre-Tax Income % of Revenue i4.4%17.6%
Income Tax i5.48MN/A
Income Tax % of Revenue i0.1%0.0%
Net Income (Profit) i423.25M2.90B
Profit Margin i4.3%17.6%

Balance Sheet & Liquidity Metrics

MetricNCLH (2025)RCL (2024)
Cash & Equivalents i209.89M388.00M
Total Current Assets i1.14B1.71B
Total Current Assets % of Revenue i11.6%10.3%
Total Current Liabilities i5.45B9.82B
Total Current Liabilities % of Revenue i55.5%59.6%
Long-Term Debt i13.73B19.14B
Long-Term Debt % of Revenue i139.7%116.1%
Total Shareholders Equity i2.21B7.74B
Retained Earnings i-5.57B2.61B
Retained Earnings % of Revenue i-56.6%15.8%
Property, Plant & Equipment i1.49B1.56B

Cash Flow Statement Comparison

MetricNCLH (2025)RCL (2024)
Operating Cash Flow i1.68B5.12B
Operating Cash Flow % of Revenue i17.1%31.1%
Capital Expenditures i-3.26B-3.27B
Free Cash Flow i-1.17B2.00B
FCF Margin i-11.9%12.1%
Debt Repayment i-8.17B-11.94B
Common Stock Repurchase iN/AN/A

Short Interest & Institutional Ownership Analysis

MetricNCLHRCL
Shares Short i53.44M11.13M
Short Ratio i2.245.87
Short % of Float i15.31%4.96%
Shares Outstanding i455.26M268.90M
Float Shares i453.09M257.18M
% Held by Insiders i0.43%0.26%
% Held by Institutions i89.02%87.89%
% Held by Public i10.55%11.85%

Dividend Analysis & Yield Comparison: Norwegian Cruise Line Holdings Ltd. vs Royal Caribbean Group

MetricNCLHRCL
Last 12-Month Dividend iN/A$4.25
Last 12-Month Dividend Yield iN/A1.53%
3-Year Avg Annual Dividend iN/A$1.98
3-Year Avg Dividend Yield iN/A0.33%
3-Year Total Dividends iN/A$5.95
Ex-Dividend DateN/AMar 06, 2026