COMP <GO>
CCL vs RCL // ALTMAN Z-SCORE & DEBT/EQUITY
Carnival Corporation Ltd. (NYSE) VS. Royal Caribbean Cruises Ltd. (NYSE) • 15-METRIC TALLY: CCL 5
— RCL 7
▲ ALTMAN Z-SCORE & DEBT/EQUITY LEADER: RCL
LAST: $28.84 (+2.78%) • MKT CAP: $38.78B
balance-sheet
1.66
LAST: $310.54 (+4.10%) • MKT CAP: $83.06B
balance-sheet
2.32
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (CCL VS. RCL)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | CCL | RCL | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | 49.40% | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 10.30% | 17.30% | -7.00 | RCL | /roic <GO> |
| EV/EBITDA & P/E Valuation | 8.1x | 10.2x | -2.10 | CCL | /valuation <GO> |
| Free Cash Flow Yield | 6.72% | 1.49% | +5.23 | CCL | /fcf-yield <GO> |
| Operating Margin | 16.80% | 27.40% | -10.60 | RCL | /operating-margins <GO> |
| Net Profit Margin | 10.40% | 23.80% | -13.40 | RCL | /net-margins <GO> |
| Revenue Growth (YoY) | 6.40% | 8.80% | -2.40 | RCL | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.99% | -0.99 | RCL | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity ACTIVE | 1.66 | 2.32 | -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 | 68.7 | 68.3 | +0.40 | CCL | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.98 | 0.95 | +0.03 | CCL | /macro-sensitivity <GO> |
| Forward P/E Multiple | 13.1x | 18.1x | -5.00 | CCL | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $38.78B | $83.06B | -$44.28B | RCL | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | CCL REV | RCL REV | CCL GROSS % | RCL GROSS % | CCL FCF | RCL FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $26.62B | $17.93B | — | 49.4% | $2.61B | $1.24B |
| FY 2024 | $25.02B | $16.48B | 37.5% | 47.5% | $1.30B | $2.00B |
| FY 2023 | $21.59B | $13.90B | — | — | $3.31B | $3.85B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
CCL // BETA 0.98
RCL // BETA 0.95