PDD Holdings Inc. (PDD) vs Royal Caribbean Cruises Ltd. (RCL)
A side-by-side comparison of PDD Holdings Inc. and Royal Caribbean Cruises Ltd. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 3, 2026. Differences are shown without an overall score or investment verdict.
PDD
PDD Holdings Inc.
$75.38Consumer CyclicalDelayed quote: Oct 2, 2026, 4:00 PM EDT
RCL
Royal Caribbean Cruises Ltd.
$277.89Consumer CyclicalDelayed quote: Oct 2, 2026, 3:59 PM EDT
Total return — PDD vs RCL
growth of $100 · dividends reinvested · last 8yPDD +182.3% (+13.9%/yr)RCL +174.9% (+13.5%/yr)PDD compounded faster over this window
PDD RCL
PDD vs RCL: by the numbers
- •PDD is the larger company ($107.30B vs $74.53B market cap).
- •PDD trades at the lower trailing earnings multiple (8.32 vs 17.17 P/E), one valuation lens rather than an overall verdict.
- •RCL converts more revenue to profit (23.56% vs 20.40% net margin).
- •RCL grew revenue faster over the past five years (188.60% vs 37.69% CAGR).
- •RCL pays a dividend (1.98% yield), while PDD has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | PDD | RCL |
|---|---|---|
| P/E ratio | 8.32 | 17.17 |
| Forward P/E | N/A | 15.63 |
| P/S ratio | 1.65 | 3.99 |
| P/B ratio | 1.63 | 7.28 |
| EV / EBITDA | 6.28 | 14.26 |
| FCF yield | 14.93% | N/A |
Profitability
| Metric | PDD | RCL |
|---|---|---|
| Gross margin | 56.32% | 46.64% |
| Operating margin | 21.87% | 27.32% |
| Net margin | 20.40% | 23.56% |
| ROE | 20.07% | 43.01% |
| ROIC | 17.16% | 14.59% |
Dividends
| Metric | PDD | RCL |
|---|---|---|
| Dividend yield | N/A | 1.98% |
| Payout ratio | N/A | 33.99% |
Growth (annualized)
| Metric | PDD | RCL |
|---|---|---|
| Revenue CAGR (5Y) | 37.69% | 188.60% |
| FCF CAGR (5Y) | 31.44% | N/A |
| Total return CAGR (5Y) | -3.08% | 25.48% |
Frequently asked
- Which has the lower trailing P/E, PDD or RCL?
- PDD has the lower trailing P/E: PDD trades at 8.32 and RCL at 17.17. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, PDD or RCL?
- Over the past five years, RCL grew revenue faster — PDD at a 37.69% CAGR versus RCL at 188.60%.
- Does PDD or RCL pay a bigger dividend?
- RCL pays a dividend (1.98% yield), while PDD has no payments in the available dividend history.
- Is PDD or RCL more profitable?
- RCL runs the higher net margin — PDD at 20.40% versus RCL at 23.56%.
- How have PDD and RCL total returns compared?
- Over the past 5 years, PDD delivered -3.08% and RCL delivered 25.48% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
PDD P/E ratioRoyal Caribbean Cruises P/E ratioRoyal Caribbean Cruises dividend yieldPDD ROERoyal Caribbean Cruises ROEPDD operating marginRoyal Caribbean Cruises operating marginPDD revenue growthRoyal Caribbean Cruises revenue growthPDD free cash flowRoyal Caribbean Cruises free cash flow
PDD & 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 October 3, 2026.