CCL vs. TCOM: Carnival vs. Trip.com Stock Comparison

November 11, 2026

How do Carnival (CCL) and Trip.com (TCOM) 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

Carnival (CCL) and Trip.com (TCOM) 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.

Carnival (CCL) trades as ordinary local shares, while Trip.com (TCOM) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Carnival (CCL) and Trip.com (TCOM)
Profile Item	CCL	TCOM
Name	Carnival Corporation Ltd.	Trip.com Group Limited American Depositary Receipt
Country/Region	United States	Singapore
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	39.77 billion USD	27.94 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	July 24, 1987	December 9, 2003
Security Type	Common Stock	ADR

Price Performance

Cumulative Growth

CCL

TCOM

GSPC

Carnival (CCL) vs. Trip.com (TCOM), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Carnival (CCL) and Trip.com (TCOM). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Carnival (CCL) and Trip.com (TCOM). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Carnival (CCL) and Trip.com (TCOM)
Metric	CCL	TCOM
Total Return (1Y)	17.32%	-37.31%
Total Return (3Y, Annualized)	36.57%	9.55%
Total Return (5Y, Annualized)	5.35%	7.80%

Risk Profile

Drawdown History

CCL

TCOM

GSPC

Carnival (CCL) vs. Trip.com (TCOM), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Carnival (CCL) and Trip.com (TCOM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Trip.com (TCOM) reports a negative beta of -0.04, suggesting inverse market sensitivity over the measurement window. That is uncommon for ordinary equities and can reflect commodity-linked or hedge-like exposure, but it can also come from statistical noise. Carnival (CCL) has a non-negative beta of 2.42.

Risk profile metrics for Carnival (CCL) and Trip.com (TCOM)
Metric	CCL	TCOM
Volatility (1Y, Annualized)	49.89%	35.10%
Beta (5Y)	2.42	-0.04
Max Drawdown (5Y)	-73.60%	-51.93%
Avg. Volume (3M)	21.48M	3.13M

Risk-Adjusted Performance

Risk-Return Positioning

CCL and TCOM are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Carnival (CCL) and Trip.com (TCOM)
Metric	CCL	TCOM
Sharpe Ratio (1Y)	0.26	-1.18
Sortino Ratio (1Y)	0.43	-1.41

Profitability

ROE (TTM)

Both Carnival (CCL) at 24.00% and Trip.com (TCOM) at 15.65% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

CCL

Consumer Services industry group

24.00%

Max: 76.75%
Q3: 34.07%
CCL: 24.00%
Median: 15.90%
Q1: 3.23%
Min: -40.61%

TCOM

Consumer Services industry group

15.65%

Max: 76.75%
Q3: 34.07%
Median: 15.90%
TCOM: 15.65%
Q1: 3.23%
Min: -40.61%

Carnival (CCL) vs. Trip.com (TCOM): A comparison of their ROE against the Consumer Services industry group benchmark.

Net Margin (TTM)

Trip.com (TCOM) at 36.91% converts revenue to bottom-line profit above its industry’s benchmark range, while Carnival (CCL) at 11.37% keeps roughly the typical share for its industry.

CCL

Consumer Services industry group

11.37%

Max: 25.52%
Q3: 12.95%
CCL: 11.37%
Median: 6.63%
Q1: 1.46%
Min: -14.36%

TCOM

Consumer Services industry group

36.91%

TCOM: 36.91%
Max: 25.52%
Q3: 12.95%
Median: 6.63%
Q1: 1.46%
Min: -14.36%

Carnival (CCL) vs. Trip.com (TCOM): A comparison of their net margin against the Consumer Services industry group benchmark.

Operating Margin (TTM)

Trip.com (TCOM) reports a negative operating margin of -9.33%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Carnival (CCL) reports 26.43%, ranking against industry peers normally.

CCL

Consumer Services industry group

26.43%

Max: 49.05%
CCL: 26.43%
Q3: 24.35%
Median: 14.23%
Q1: 5.67%
Min: -16.47%

TCOM

Consumer Services industry group

-9.33%

Max: 49.05%
Q3: 24.35%
Median: 14.23%
Q1: 5.67%
TCOM: -9.33%
Min: -16.47%

Carnival (CCL) vs. Trip.com (TCOM): A comparison of their operating margin against the Consumer Services industry group benchmark.

Profitability Metrics

Profitability metrics for Carnival (CCL) and Trip.com (TCOM)
Metric	CCL	TCOM
ROE (TTM)	24.00%	15.65%
ROA (TTM)	5.40%	2.59%
Net Margin (TTM)	11.37%	36.91%
Operating Margin (TTM)	26.43%	-9.33%
Gross Margin (TTM)	55.38%	80.05%

Growth

Revenue Growth

Trip.com (TCOM) at 17.10% sits in the top revenue growth quartile, while Carnival (CCL) at 6.39% is closer to the peer norm — faster top-line expansion for TCOM.

Carnival (CCL) vs. Trip.com (TCOM): A comparison of their Revenue Growth across different time periods.

EPS Growth

Trip.com (TCOM) at 92.37% sits in the top EPS growth quartile, while Carnival (CCL) at 40.28% is closer to the peer norm — faster per-share earnings growth for TCOM.

Carnival (CCL) vs. Trip.com (TCOM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Carnival (CCL) and Trip.com (TCOM)
Metric	CCL	TCOM
Revenue Growth (YoY)	6.39%	17.10%
Revenue Growth (3Y CAGR)	29.81%	46.04%
EPS Growth (YoY)	40.28%	92.37%
EPS Growth (3Y CAGR)	--	181.37%

Financial Strength

Current Ratio (MRQ)

Trip.com (TCOM) at 1.33 keeps current ratio within its industry’s typical mid-range, while Carnival (CCL) at 0.27 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for CCL.

CCL

Consumer Services industry group

0.27

Max: 3.41
Q3: 1.85
Median: 1.06
Q1: 0.72
CCL: 0.27
Min: 0.22

TCOM

Consumer Services industry group

1.33

Max: 3.41
Q3: 1.85
TCOM: 1.33
Median: 1.06
Q1: 0.72
Min: 0.22

Carnival (CCL) vs. Trip.com (TCOM): A comparison of their current ratio against the Consumer Services industry group benchmark.

Debt / Equity (MRQ)

Trip.com (TCOM) at 0.17 keeps leverage in the lower industry quartile, while Carnival (CCL) at 1.77 runs a more typical debt-to-equity mix.

CCL

Consumer Services industry group

1.77

Max: 6.12
Q3: 2.93
CCL: 1.77
Median: 1.29
Q1: 0.37
Min: 0.01

TCOM

Consumer Services industry group

0.17

Max: 6.12
Q3: 2.93
Median: 1.29
Q1: 0.37
TCOM: 0.17
Min: 0.01

Carnival (CCL) vs. Trip.com (TCOM): A comparison of their debt-to-equity ratio against the Consumer Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Carnival (CCL) and Trip.com (TCOM)
Metric	CCL	TCOM
Current Ratio (MRQ)	0.27	1.33
Debt / Equity (MRQ)	1.77	0.17
Net Debt / EBITDA	3.28	-4.60

Dividends

Dividend Yield (TTM)

Trip.com (TCOM) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Carnival (CCL) reports a yield of 1.53%, ranking against industry peers normally.

CCL

Consumer Services industry group

1.53%

Max: 4.10%
Q3: 1.82%
CCL: 1.53%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

TCOM

Consumer Services industry group

0.00%

Max: 4.10%
Q3: 1.82%
TCOM: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Carnival (CCL) vs. Trip.com (TCOM): A comparison of their dividend yield against the Consumer Services industry group benchmark.

Dividend Payout Ratio (TTM)

Trip.com (TCOM) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Carnival (CCL) reports a payout of 19.82%, ranking against industry peers normally.

CCL

Consumer Services industry group

19.82%

Max: 89.80%
Q3: 36.83%
CCL: 19.82%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

TCOM

Consumer Services industry group

0.00%

Max: 89.80%
Q3: 36.83%
TCOM: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Carnival (CCL) vs. Trip.com (TCOM): A comparison of their payout ratio against the Consumer Services industry group benchmark.

Dividend Metrics

Dividend metrics for Carnival (CCL) and Trip.com (TCOM)
Metric	CCL	TCOM
Dividend Yield (TTM)	1.53%	0.00%
Dividend Payout Ratio (TTM)	19.82%	0.00%

Valuation

P/E Ratio (TTM)

Trip.com (TCOM) at 8.95 sits in the cheaper P/E ratio quartile, while Carnival (CCL) at 13.03 is closer to its industry’s usual earnings multiple — a discount for TCOM, though growth and earnings durability still matter.

CCL

Consumer Services industry group

13.03

Max: 71.70
Q3: 37.12
Median: 21.88
CCL: 13.03
Q1: 13.00
Min: 5.72

TCOM

Consumer Services industry group

8.95

Max: 71.70
Q3: 37.12
Median: 21.88
Q1: 13.00
TCOM: 8.95
Min: 5.72

Carnival (CCL) vs. Trip.com (TCOM): A comparison of their P/E ratio against the Consumer Services industry group benchmark.

P/S Ratio (TTM)

Trip.com (TCOM) at 0.43 sits in the cheaper P/S ratio quartile while Carnival (CCL) at 1.44 prices around its industry’s middle — TCOM costs less per dollar of sales, though read it alongside growth and margins.

CCL

Consumer Services industry group

1.44

Max: 6.40
Q3: 3.01
Median: 1.54
CCL: 1.44
Q1: 0.74
Min: 0.08

TCOM

Consumer Services industry group

0.43

Max: 6.40
Q3: 3.01
Median: 1.54
Q1: 0.74
TCOM: 0.43
Min: 0.08

Carnival (CCL) vs. Trip.com (TCOM): A comparison of their P/S ratio against the Consumer Services industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Carnival (CCL) at 2.82 and Trip.com (TCOM) at 1.18 are valued close to their industries’ norm against book — neither stands out from peers.

CCL

Consumer Services industry group

2.82

Max: 12.02
Q3: 5.58
CCL: 2.82
Median: 2.37
Q1: 1.09
Min: -4.51

TCOM

Consumer Services industry group

1.18

Max: 12.02
Q3: 5.58
Median: 2.37
TCOM: 1.18
Q1: 1.09
Min: -4.51

Carnival (CCL) vs. Trip.com (TCOM): A comparison of their P/B ratio against the Consumer Services industry group benchmark.

Valuation Metrics

Valuation metrics for Carnival (CCL) and Trip.com (TCOM)
Metric	CCL	TCOM
P/E Ratio (TTM)	13.03	8.95
P/S Ratio (TTM)	1.44	0.43
P/B Ratio (MRQ)	2.82	1.18
Free Cash Flow Yield (TTM)	4.54%	--