IREN Limited (IREN) vs Royal Caribbean Cruises Ltd. (RCL)
A side-by-side comparison of IREN Limited and Royal Caribbean Cruises Ltd. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 11, 2026. Differences are shown without an overall score or investment verdict.
Different business models: IREN is classified in Technology; RCL is classified in Consumer Cyclical. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
IREN
IREN Limited
$43.83TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
RCL
Royal Caribbean Cruises Ltd.
$260.14Consumer CyclicalDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — IREN vs RCL
growth of $100 · dividends reinvested · last 5yIREN +91.9% (+13.9%/yr)RCL +192.5% (+23.9%/yr)RCL compounded faster over this window
IREN RCL
IREN vs RCL: by the numbers
- •RCL is the larger company ($69.77B vs $15.64B market cap).
- •RCL is profitable (23.56% net margin) while IREN runs a net loss (-99.38%).
- •RCL grew revenue faster over the past five years (188.60% vs 160.68% CAGR).
- •RCL pays a dividend (1.92% yield), while IREN has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | IREN | RCL |
|---|---|---|
| P/E ratio | N/A | 16.08 |
| Forward P/E | N/A | 14.65 |
| P/S ratio | 22.12 | 3.73 |
| P/B ratio | 3.74 | 6.82 |
| EV / EBITDA | N/A | 13.56 |
Profitability
| Metric | IREN | RCL |
|---|---|---|
| Gross margin | 68.93% | 46.64% |
| Operating margin | -148.05% | 27.32% |
| Net margin | -99.38% | 23.56% |
| ROE | -16.79% | 43.01% |
| ROIC | -7.62% | 14.59% |
Dividends
| Metric | IREN | RCL |
|---|---|---|
| Dividend yield | N/A | 1.92% |
| Payout ratio | N/A | 30.90% |
Growth (annualized)
| Metric | IREN | RCL |
|---|---|---|
| Revenue CAGR (5Y) | 160.68% | 188.60% |
| EPS CAGR (5Y) | N/A | 9.81% |
| FCF CAGR (5Y) | N/A | 11.57% |
| Total return CAGR (5Y) | N/A | 26.76% |
Frequently asked
- Which has grown faster, IREN or RCL?
- Over the past five years, RCL grew revenue faster — IREN at a 160.68% CAGR versus RCL at 188.60%.
- Does IREN or RCL pay a bigger dividend?
- RCL pays a dividend (1.92% yield), while IREN has no payments in the available dividend history.
- Is IREN or RCL more profitable?
- RCL runs the higher net margin — IREN at -99.38% versus RCL at 23.56%.
Go deeper
Dig into the metrics
Royal Caribbean Cruises P/E ratioRoyal Caribbean Cruises dividend yieldIREN ROERoyal Caribbean Cruises ROEIREN operating marginRoyal Caribbean Cruises operating marginIREN revenue growthRoyal Caribbean Cruises revenue growthIREN free cash flowRoyal Caribbean Cruises free cash flow
IREN & Royal Caribbean Cruises appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 11, 2026.