PDD Holdings Inc. (PDD) vs Royal Caribbean Cruises Ltd. (RCL)

PDD leads on 8 of 13 compared metrics.

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 June 26, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — PDD vs RCL

growth of $100 · last 8y
PDD +174.5%RCL +191.3%RCL compounded faster
0200400600800Start $1002020202220242026$275$291
PDD RCL

PDD vs RCL: by the numbers

  • PDD is the larger company ($104.33B vs $86.53B market cap).
  • PDD trades at the lower earnings multiple (7.93 vs 19.69 P/E).
  • RCL converts more revenue to profit (24.39% vs 21.53% net margin).
  • RCL grew revenue faster over the past five years (142.80% vs 40.98% CAGR).
  • RCL pays a dividend (1.55% yield) while PDD does not currently pay one.

Which is better, PDD or RCL?

Metric tally: PDD 8 · RCL 5

It depends on what you're optimizing for:

ValuePDD(lower P/E)
GrowthRCL(faster 5Y revenue CAGR)
QualityPDD(higher ROIC)

Metrics side by side

Valuation

MetricPDDRCL
P/E ratio7.9319.69
Forward P/E16.17
P/S ratio1.734.76
P/B ratio1.778.91
PEG ratio0.41
EV / EBITDA4.1115.05
FCF yield13.77%1.57%

Profitability

MetricPDDRCL
Gross margin55.98%47.23%
Operating margin22.17%27.88%
Net margin21.53%24.39%
ROE22.09%45.71%
ROIC18.11%14.90%

Dividends

MetricPDDRCL
Dividend yield1.55%
Payout ratio31.79%

Growth (annualized)

MetricPDDRCL
Revenue CAGR (5Y)40.98%142.80%
EPS CAGR (5Y)9.81%
FCF CAGR (5Y)28.98%11.57%
Total return CAGR (5Y)-10.50%30.05%

Frequently asked

Which is better, PDD or RCL?
It depends on your goal. value: PDD (lower P/E); growth: RCL (faster 5Y revenue CAGR); quality: PDD (higher ROIC). Across all compared metrics, PDD leads 8 to 5.
Is PDD or RCL cheaper?
On trailing earnings, PDD is cheaper: PDD trades at a 7.93 P/E and RCL at 19.69.
Which has grown faster, PDD or RCL?
Over the past five years, RCL grew revenue faster — PDD at a 40.98% CAGR versus RCL at 142.80%.
Does PDD or RCL pay a bigger dividend?
RCL pays a dividend (1.55% yield) while PDD does not currently pay one.
Is PDD or RCL more profitable?
RCL runs the higher net margin — PDD at 21.53% versus RCL at 24.39%.
Which has been the better investment, PDD or RCL?
Over the past 5-year, RCL delivered the higher annualized total return — PDD at -10.50% versus RCL at 17.89%. Past performance doesn't predict future results.

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 June 26, 2026.