BKNG vs. RCL: Booking vs. Royal Caribbean Cruises Stock Comparison
How do Booking (BKNG) and Royal Caribbean Cruises (RCL) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Booking (BKNG) and Royal Caribbean Cruises (RCL) are both classified in the Hotels, Resorts & Cruise Lines sub-industry within the broader Hotels, Restaurants & Leisure industry, placing them in the closest GICS peer bucket.
| Profile Item | BKNG | RCL |
|---|---|---|
| Name | Booking Holdings Inc. | Royal Caribbean Cruises Ltd. |
| Country/Region | United States | United States |
| GICS Sector | Consumer Discretionary | Consumer Discretionary |
| GICS Industry Group | Consumer Services | Consumer Services |
| GICS Industry | Hotels, Restaurants & Leisure | Hotels, Restaurants & Leisure |
| GICS Sub-Industry | Hotels, Resorts & Cruise Lines | Hotels, Resorts & Cruise Lines |
| Market Capitalization | 145.23 billion USD | 70.93 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | March 31, 1999 | April 28, 1993 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BKNG | RCL |
|---|---|---|
| Total Return (1Y) | -12.76% | -25.09% |
| Total Return (3Y, Annualized) | 16.58% | 40.80% |
| Total Return (5Y, Annualized) | 16.45% | 27.98% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BKNG | RCL |
|---|---|---|
| Volatility (1Y, Annualized) | 36.59% | 46.83% |
| Beta (5Y) | 1.11 | 1.82 |
| Max Drawdown (5Y) | -39.53% | -67.64% |
| Avg. Volume (3M) | 6.69M | 2.21M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BKNG | RCL |
|---|---|---|
| Sharpe Ratio (1Y) | -0.46 | -0.62 |
| Sortino Ratio (1Y) | -0.66 | -0.97 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Royal Caribbean Cruises (RCL) earns 44.67% on shareholders’ equity, ranked against its industry; Booking (BKNG) has no ROE this period.
BKNG
Consumer Services industry group
--
- Max
- 59.09%
- Q3
- 31.70%
- Median
- 14.44%
- Q1
- 2.11%
- Min
- -37.58%
- BKNG
- --
RCL
Consumer Services industry group
44.67%
- Max
- 59.09%
- RCL
- 44.67%
- Q3
- 31.70%
- Median
- 14.44%
- Q1
- 2.11%
- Min
- -37.58%
Net Margin (TTM)
For every dollar of sales, both Booking (BKNG) at 25.53% and Royal Caribbean Cruises (RCL) at 23.54% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
BKNG
Consumer Services industry group
25.53%
- Max
- 28.43%
- BKNG
- 25.53%
- Q3
- 13.02%
- Median
- 5.92%
- Q1
- 1.17%
- Min
- -15.39%
RCL
Consumer Services industry group
23.54%
- Max
- 28.43%
- RCL
- 23.54%
- Q3
- 13.02%
- Median
- 5.92%
- Q1
- 1.17%
- Min
- -15.39%
Operating Margin (TTM)
Both Booking (BKNG) at 34.41% and Royal Caribbean Cruises (RCL) at 27.07% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
BKNG
Consumer Services industry group
34.41%
- Max
- 46.49%
- BKNG
- 34.41%
- Q3
- 22.12%
- Median
- 13.10%
- Q1
- 5.81%
- Min
- -12.94%
RCL
Consumer Services industry group
27.07%
- Max
- 46.49%
- RCL
- 27.07%
- Q3
- 22.12%
- Median
- 13.10%
- Q1
- 5.81%
- Min
- -12.94%
Profitability Metrics
| Metric | BKNG | RCL |
|---|---|---|
| ROE (TTM) | -- | 44.67% |
| ROA (TTM) | 20.38% | 7.68% |
| Net Margin (TTM) | 25.53% | 23.54% |
| Operating Margin (TTM) | 34.41% | 27.07% |
| Gross Margin (TTM) | 87.23% | 50.28% |
Growth
Revenue Growth
Booking (BKNG) at 13.39% sits in the top revenue growth quartile, while Royal Caribbean Cruises (RCL) at 8.79% is closer to the peer norm — faster top-line expansion for BKNG.
EPS Growth
Both Booking (BKNG) at -4.12% and Royal Caribbean Cruises (RCL) at 41.91% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | BKNG | RCL |
|---|---|---|
| Revenue Growth (YoY) | 13.39% | 8.79% |
| Revenue Growth (3Y CAGR) | 16.35% | 26.59% |
| EPS Growth (YoY) | -4.12% | 41.91% |
| EPS Growth (3Y CAGR) | 29.44% | -- |
Financial Strength
Current Ratio (MRQ)
Booking (BKNG) at 1.09 keeps current ratio within its industry’s typical mid-range, while Royal Caribbean Cruises (RCL) at 0.21 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for RCL.
BKNG
Consumer Services industry group
1.09
- Max
- 3.37
- Q3
- 1.83
- BKNG
- 1.09
- Median
- 1.03
- Q1
- 0.69
- Min
- 0.20
RCL
Consumer Services industry group
0.21
- Max
- 3.37
- Q3
- 1.83
- Median
- 1.03
- Q1
- 0.69
- RCL
- 0.21
- Min
- 0.20
Debt / Equity (MRQ)
Only one side’s leverage can be read here: Royal Caribbean Cruises (RCL) carries debt-to-equity ratio of 2.25 against its industry range, while Booking (BKNG) reports no figure this period.
BKNG
Consumer Services industry group
--
- Max
- 7.30
- Q3
- 3.36
- Median
- 1.29
- Q1
- 0.38
- Min
- 0.01
- BKNG
- --
RCL
Consumer Services industry group
2.25
- Max
- 7.30
- Q3
- 3.36
- RCL
- 2.25
- Median
- 1.29
- Q1
- 0.38
- Min
- 0.01
Financial Strength Metrics
| Metric | BKNG | RCL |
|---|---|---|
| Current Ratio (MRQ) | 1.09 | 0.21 |
| Debt / Equity (MRQ) | -- | 2.25 |
| Net Debt / EBITDA | 0.36 | 3.27 |
Dividends
Dividend Yield (TTM)
Royal Caribbean Cruises (RCL) at 1.88% delivers top-quartile income for its industry, while Booking (BKNG) at 0.82% pays a more typical yield — both are credible income propositions, RCL the richer one.
BKNG
Consumer Services industry group
0.82%
- Max
- 3.85%
- Q3
- 1.76%
- BKNG
- 0.82%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
RCL
Consumer Services industry group
1.88%
- Max
- 3.85%
- RCL
- 1.88%
- Q3
- 1.76%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Booking (BKNG) at 17.86% and Royal Caribbean Cruises (RCL) at 30.88% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
BKNG
Consumer Services industry group
17.86%
- Max
- 86.96%
- Q3
- 36.18%
- BKNG
- 17.86%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
RCL
Consumer Services industry group
30.88%
- Max
- 86.96%
- Q3
- 36.18%
- RCL
- 30.88%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | BKNG | RCL |
|---|---|---|
| Dividend Yield (TTM) | 0.82% | 1.88% |
| Dividend Payout Ratio (TTM) | 17.86% | 30.88% |
Valuation
P/E Ratio (TTM)
Both Booking (BKNG) at 21.45 and Royal Caribbean Cruises (RCL) at 16.37 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
BKNG
Consumer Services industry group
21.45
- Max
- 60.39
- Q3
- 34.17
- BKNG
- 21.45
- Median
- 21.32
- Q1
- 16.01
- Min
- 3.46
RCL
Consumer Services industry group
16.37
- Max
- 60.39
- Q3
- 34.17
- Median
- 21.32
- RCL
- 16.37
- Q1
- 16.01
- Min
- 3.46
P/S Ratio (TTM)
Both Booking (BKNG) at 5.30 and Royal Caribbean Cruises (RCL) at 3.80 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
BKNG
Consumer Services industry group
5.30
- Max
- 6.53
- BKNG
- 5.30
- Q3
- 3.09
- Median
- 1.69
- Q1
- 0.72
- Min
- 0.08
RCL
Consumer Services industry group
3.80
- Max
- 6.53
- RCL
- 3.80
- Q3
- 3.09
- Median
- 1.69
- Q1
- 0.72
- Min
- 0.08
P/B Ratio (MRQ)
Booking (BKNG) reports a negative P/B ratio of -13.59, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Royal Caribbean Cruises (RCL) reports 6.93, ranking against industry peers normally.
BKNG
Consumer Services industry group
-13.59
- Max
- 11.22
- Q3
- 5.58
- Median
- 2.56
- Q1
- 1.11
- Min
- -3.99
- BKNG
- -13.59
RCL
Consumer Services industry group
6.93
- Max
- 11.22
- RCL
- 6.93
- Q3
- 5.58
- Median
- 2.56
- Q1
- 1.11
- Min
- -3.99
Valuation Metrics
| Metric | BKNG | RCL |
|---|---|---|
| P/E Ratio (TTM) | 21.45 | 16.37 |
| P/S Ratio (TTM) | 5.30 | 3.80 |
| P/B Ratio (MRQ) | -13.59 | 6.93 |
| Free Cash Flow Yield (TTM) | 5.32% | -2.14% |