CCL vs. NCLH: A Head-to-Head Stock Comparison

Updated on November 22, 2025

Here’s a clear look at CCL and NCLH, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

Symbol	CCL	NCLH
Company Name	Carnival Corporation & plc	Norwegian Cruise Line Holdings Ltd.
Country	United States	United States
GICS Sector	Consumer Discretionary	Consumer Discretionary
GICS Industry	Hotels, Restaurants & Leisure	Hotels, Restaurants & Leisure
Market Capitalization	34.80 billion USD	8.15 billion USD
Exchange	NYSE	NYSE
Listing Date	July 24, 1987	January 18, 2013
Security Type	Common Stock	Common Stock

Historical Performance

This chart compares the performance of CCL and NCLH by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

CCL vs. NCLH: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	CCL	NCLH
5-Day Price Return	-3.24%	-3.94%
13-Week Price Return	-12.57%	-24.73%
26-Week Price Return	14.42%	-5.43%
52-Week Price Return	5.99%	-33.00%
Month-to-Date Return	-9.75%	-18.42%
Year-to-Date Return	4.41%	-28.92%
10-Day Avg. Volume	20.51M	24.90M
3-Month Avg. Volume	20.09M	15.69M
3-Month Volatility	36.04%	44.93%
Beta	2.54	2.11

Profitability

Return on Equity (TTM)

CCL

26.17%

Hotels, Restaurants & Leisure Industry

Max: 85.86%
Q3: 39.97%
Median: 16.82%
Q1: 6.71%
Min: -33.94%

CCL’s Return on Equity of 26.17% is on par with the norm for the Hotels, Restaurants & Leisure industry, indicating its profitability relative to shareholder equity is typical for the sector.

NCLH

40.19%

Hotels, Restaurants & Leisure Industry

Max: 85.86%
Q3: 39.97%
Median: 16.82%
Q1: 6.71%
Min: -33.94%

In the upper quartile for the Hotels, Restaurants & Leisure industry, NCLH’s Return on Equity of 40.19% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.

CCL vs. NCLH: A comparison of their Return on Equity (TTM) against the Hotels, Restaurants & Leisure industry benchmark.

Net Profit Margin (TTM)

CCL

10.07%

Hotels, Restaurants & Leisure Industry

Max: 25.51%
Q3: 14.65%
Median: 8.65%
Q1: 3.34%
Min: -9.83%

CCL’s Net Profit Margin of 10.07% is aligned with the median group of its peers in the Hotels, Restaurants & Leisure industry. This indicates its ability to convert revenue into profit is typical for the sector.

NCLH

6.85%

Hotels, Restaurants & Leisure Industry

Max: 25.51%
Q3: 14.65%
Median: 8.65%
Q1: 3.34%
Min: -9.83%

NCLH’s Net Profit Margin of 6.85% is aligned with the median group of its peers in the Hotels, Restaurants & Leisure industry. This indicates its ability to convert revenue into profit is typical for the sector.

CCL vs. NCLH: A comparison of their Net Profit Margin (TTM) against the Hotels, Restaurants & Leisure industry benchmark.

Operating Profit Margin (TTM)

CCL

15.03%

Hotels, Restaurants & Leisure Industry

Max: 41.93%
Q3: 22.25%
Median: 15.03%
Q1: 6.66%
Min: -15.28%

CCL’s Operating Profit Margin of 15.03% is around the midpoint for the Hotels, Restaurants & Leisure industry, indicating that its efficiency in managing core business operations is typical for the sector.

NCLH

13.58%

Hotels, Restaurants & Leisure Industry

Max: 41.93%
Q3: 22.25%
Median: 15.03%
Q1: 6.66%
Min: -15.28%

NCLH’s Operating Profit Margin of 13.58% is around the midpoint for the Hotels, Restaurants & Leisure industry, indicating that its efficiency in managing core business operations is typical for the sector.

CCL vs. NCLH: A comparison of their Operating Profit Margin (TTM) against the Hotels, Restaurants & Leisure industry benchmark.

Profitability at a Glance

Symbol	CCL	NCLH
Return on Equity (TTM)	26.17%	40.19%
Return on Assets (TTM)	5.29%	3.12%
Net Profit Margin (TTM)	10.07%	6.85%
Operating Profit Margin (TTM)	15.03%	13.58%
Gross Profit Margin (TTM)	54.22%	41.98%

Financial Strength

Current Ratio (MRQ)

CCL

0.34

Hotels, Restaurants & Leisure Industry

Max: 2.86
Q3: 1.63
Median: 1.09
Q1: 0.72
Min: 0.16

CCL’s Current Ratio of 0.34 falls into the lower quartile for the Hotels, Restaurants & Leisure industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.

NCLH

0.19

Hotels, Restaurants & Leisure Industry

Max: 2.86
Q3: 1.63
Median: 1.09
Q1: 0.72
Min: 0.16

NCLH’s Current Ratio of 0.19 falls into the lower quartile for the Hotels, Restaurants & Leisure industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.

CCL vs. NCLH: A comparison of their Current Ratio (MRQ) against the Hotels, Restaurants & Leisure industry benchmark.

Debt-to-Equity Ratio (MRQ)

CCL

2.22

Hotels, Restaurants & Leisure Industry

Max: 11.29
Q3: 5.00
Median: 1.69
Q1: 0.28
Min: 0.00

CCL’s Debt-to-Equity Ratio of 2.22 is typical for the Hotels, Restaurants & Leisure industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

NCLH

6.62

Hotels, Restaurants & Leisure Industry

Max: 11.29
Q3: 5.00
Median: 1.69
Q1: 0.28
Min: 0.00

NCLH’s leverage is in the upper quartile of the Hotels, Restaurants & Leisure industry, with a Debt-to-Equity Ratio of 6.62. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.

CCL vs. NCLH: A comparison of their Debt-to-Equity Ratio (MRQ) against the Hotels, Restaurants & Leisure industry benchmark.

Interest Coverage Ratio (TTM)

CCL

2.15

Hotels, Restaurants & Leisure Industry

Max: 26.88
Q3: 11.95
Median: 4.07
Q1: 1.21
Min: -11.84

CCL’s Interest Coverage Ratio of 2.15 is positioned comfortably within the norm for the Hotels, Restaurants & Leisure industry, indicating a standard and healthy capacity to cover its interest payments.

NCLH

2.16

Hotels, Restaurants & Leisure Industry

Max: 26.88
Q3: 11.95
Median: 4.07
Q1: 1.21
Min: -11.84

NCLH’s Interest Coverage Ratio of 2.16 is positioned comfortably within the norm for the Hotels, Restaurants & Leisure industry, indicating a standard and healthy capacity to cover its interest payments.

CCL vs. NCLH: A comparison of their Interest Coverage Ratio (TTM) against the Hotels, Restaurants & Leisure industry benchmark.

Financial Strength at a Glance

Symbol	CCL	NCLH
Current Ratio (MRQ)	0.34	0.19
Quick Ratio (MRQ)	0.21	0.08
Debt-to-Equity Ratio (MRQ)	2.22	6.62
Interest Coverage Ratio (TTM)	2.15	2.16

Growth

Revenue Growth

CCL vs. NCLH: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

CCL vs. NCLH: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

CCL

0.00%

Hotels, Restaurants & Leisure Industry

Max: 6.26%
Q3: 2.86%
Median: 1.03%
Q1: 0.00%
Min: 0.00%

CCL currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

NCLH

0.00%

Hotels, Restaurants & Leisure Industry

Max: 6.26%
Q3: 2.86%
Median: 1.03%
Q1: 0.00%
Min: 0.00%

NCLH currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

CCL vs. NCLH: A comparison of their Dividend Yield (TTM) against the Hotels, Restaurants & Leisure industry benchmark.

Dividend Payout Ratio (TTM)

CCL

0.00%

Hotels, Restaurants & Leisure Industry

Max: 149.29%
Q3: 62.26%
Median: 24.10%
Q1: 0.00%
Min: 0.00%

CCL has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

NCLH

0.00%

Hotels, Restaurants & Leisure Industry

Max: 149.29%
Q3: 62.26%
Median: 24.10%
Q1: 0.00%
Min: 0.00%

NCLH has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

CCL vs. NCLH: A comparison of their Dividend Payout Ratio (TTM) against the Hotels, Restaurants & Leisure industry benchmark.

Dividend at a Glance

Symbol	CCL	NCLH
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

Price-to-Earnings Ratio (TTM)

CCL

12.81

Hotels, Restaurants & Leisure Industry

Max: 52.15
Q3: 31.98
Median: 20.63
Q1: 14.77
Min: 3.30

In the lower quartile for the Hotels, Restaurants & Leisure industry, CCL’s P/E Ratio of 12.81 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.

NCLH

12.35

Hotels, Restaurants & Leisure Industry

Max: 52.15
Q3: 31.98
Median: 20.63
Q1: 14.77
Min: 3.30

In the lower quartile for the Hotels, Restaurants & Leisure industry, NCLH’s P/E Ratio of 12.35 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.

CCL vs. NCLH: A comparison of their Price-to-Earnings Ratio (TTM) against the Hotels, Restaurants & Leisure industry benchmark.

Price-to-Sales Ratio (TTM)

CCL

1.29

Hotels, Restaurants & Leisure Industry

Max: 7.94
Q3: 3.96
Median: 2.01
Q1: 1.22
Min: 0.16

CCL’s P/S Ratio of 1.29 aligns with the market consensus for the Hotels, Restaurants & Leisure industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

NCLH

0.85

Hotels, Restaurants & Leisure Industry

Max: 7.94
Q3: 3.96
Median: 2.01
Q1: 1.22
Min: 0.16

In the lower quartile for the Hotels, Restaurants & Leisure industry, NCLH’s P/S Ratio of 0.85 indicates its revenue is valued more conservatively than most of its peers. This could present a compelling opportunity if the market has overlooked its sales-generating capabilities.

CCL vs. NCLH: A comparison of their Price-to-Sales Ratio (TTM) against the Hotels, Restaurants & Leisure industry benchmark.

Price-to-Book Ratio (MRQ)

CCL

3.48

Hotels, Restaurants & Leisure Industry

Max: 29.33
Q3: 13.12
Median: 4.61
Q1: 2.02
Min: 0.37

CCL’s P/B Ratio of 3.48 is within the conventional range for the Hotels, Restaurants & Leisure industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

NCLH

5.06

Hotels, Restaurants & Leisure Industry

Max: 29.33
Q3: 13.12
Median: 4.61
Q1: 2.02
Min: 0.37

NCLH’s P/B Ratio of 5.06 is within the conventional range for the Hotels, Restaurants & Leisure industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

CCL vs. NCLH: A comparison of their Price-to-Book Ratio (MRQ) against the Hotels, Restaurants & Leisure industry benchmark.

Valuation at a Glance

Symbol	CCL	NCLH
Price-to-Earnings Ratio (TTM)	12.81	12.35
Price-to-Sales Ratio (TTM)	1.29	0.85
Price-to-Book Ratio (MRQ)	3.48	5.06
Price-to-Free Cash Flow Ratio (TTM)	11.61	15.25