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 August 10, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnPDD vs RCL

growth of $100 · dividends reinvested · last 8y
PDD +243.7% (+16.7%/yr)RCL +214.9% (+15.4%/yr)PDD compounded faster over this window
0200400600Start $1002020202220242026$344$315
PDD RCL

PDD vs RCL: by the numbers

  • PDD is the larger company ($130.61B vs $85.82B market cap).
  • PDD trades at the lower trailing earnings multiple (9.92 vs 19.78 P/E), one valuation lens rather than an overall verdict.
  • RCL converts more revenue to profit (23.56% vs 21.53% net margin).
  • RCL grew revenue faster over the past five years (188.60% vs 40.98% CAGR).
  • RCL pays a dividend (1.56% yield), while PDD has no payments in the available dividend history.

Metrics side by side

Valuation

MetricPDDRCL
P/E ratio9.9219.78
Forward P/EN/A18.02
P/S ratio2.164.62
P/B ratio2.228.44
EV / EBITDA7.7416.01
FCF yield11.24%1.66%

Profitability

MetricPDDRCL
Gross margin55.98%46.64%
Operating margin22.17%27.32%
Net margin21.53%23.56%
ROE22.09%43.01%
ROIC18.11%14.90%

Dividends

MetricPDDRCL
Dividend yieldN/A1.56%
Payout ratioN/A31.79%

Growth (annualized)

MetricPDDRCL
Revenue CAGR (5Y)40.98%188.60%
EPS CAGR (5Y)N/A9.81%
FCF CAGR (5Y)32.63%11.57%
Total return CAGR (5Y)-0.21%33.04%

Frequently asked

Which has the lower trailing P/E, PDD or RCL?
PDD has the lower trailing P/E: PDD trades at 9.92 and RCL at 19.78. 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 40.98% CAGR versus RCL at 188.60%.
Does PDD or RCL pay a bigger dividend?
RCL pays a dividend (1.56% 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 21.53% versus RCL at 23.56%.
How have PDD and RCL total returns compared?
Over the past 5 years, PDD delivered -0.21% and RCL delivered 17.07% annualized total return. 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 August 10, 2026.