PortfoliosLab logo
CCL vs. NCLH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between CCL and NCLH is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.5

Performance

CCL vs. NCLH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Carnival Corporation & Plc (CCL) and Norwegian Cruise Line Holdings Ltd. (NCLH). The values are adjusted to include any dividend payments, if applicable.

-50.00%-40.00%-30.00%-20.00%-10.00%0.00%10.00%20.00%December2025FebruaryMarchAprilMay
-37.28%
-29.93%
CCL
NCLH

Key characteristics

Sharpe Ratio

CCL:

0.64

NCLH:

-0.15

Sortino Ratio

CCL:

1.21

NCLH:

0.16

Omega Ratio

CCL:

1.16

NCLH:

1.02

Calmar Ratio

CCL:

0.41

NCLH:

-0.11

Martin Ratio

CCL:

2.02

NCLH:

-0.46

Ulcer Index

CCL:

15.85%

NCLH:

17.73%

Daily Std Dev

CCL:

49.87%

NCLH:

52.39%

Max Drawdown

CCL:

-90.37%

NCLH:

-87.81%

Current Drawdown

CCL:

-70.45%

NCLH:

-72.76%

Fundamentals

Market Cap

CCL:

$26.51B

NCLH:

$7.21B

EPS

CCL:

$1.55

NCLH:

$1.89

PE Ratio

CCL:

12.63

NCLH:

8.60

PEG Ratio

CCL:

1.41

NCLH:

0.39

PS Ratio

CCL:

0.99

NCLH:

0.77

PB Ratio

CCL:

2.71

NCLH:

4.99

Total Revenue (TTM)

CCL:

$25.43B

NCLH:

$9.42B

Gross Profit (TTM)

CCL:

$9.73B

NCLH:

$3.60B

EBITDA (TTM)

CCL:

$6.31B

NCLH:

$1.96B

Returns By Period

In the year-to-date period, CCL achieves a -21.47% return, which is significantly higher than NCLH's -32.49% return. Over the past 10 years, CCL has outperformed NCLH with an annualized return of -6.26%, while NCLH has yielded a comparatively lower -9.82% annualized return.


CCL

YTD

-21.47%

1M

13.25%

6M

-10.64%

1Y

35.53%

5Y*

6.44%

10Y*

-6.26%

NCLH

YTD

-32.49%

1M

6.50%

6M

-30.18%

1Y

8.63%

5Y*

3.78%

10Y*

-9.82%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

CCL vs. NCLH — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CCL
The Risk-Adjusted Performance Rank of CCL is 7070
Overall Rank
The Sharpe Ratio Rank of CCL is 7373
Sharpe Ratio Rank
The Sortino Ratio Rank of CCL is 7070
Sortino Ratio Rank
The Omega Ratio Rank of CCL is 6868
Omega Ratio Rank
The Calmar Ratio Rank of CCL is 6868
Calmar Ratio Rank
The Martin Ratio Rank of CCL is 7272
Martin Ratio Rank

NCLH
The Risk-Adjusted Performance Rank of NCLH is 4141
Overall Rank
The Sharpe Ratio Rank of NCLH is 4242
Sharpe Ratio Rank
The Sortino Ratio Rank of NCLH is 4040
Sortino Ratio Rank
The Omega Ratio Rank of NCLH is 4040
Omega Ratio Rank
The Calmar Ratio Rank of NCLH is 4343
Calmar Ratio Rank
The Martin Ratio Rank of NCLH is 4141
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CCL vs. NCLH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Carnival Corporation & Plc (CCL) and Norwegian Cruise Line Holdings Ltd. (NCLH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The chart of Sharpe ratio for CCL, currently valued at 0.64, compared to the broader market-2.00-1.000.001.002.003.00
CCL: 0.64
NCLH: -0.15
The chart of Sortino ratio for CCL, currently valued at 1.21, compared to the broader market-6.00-4.00-2.000.002.004.00
CCL: 1.21
NCLH: 0.16
The chart of Omega ratio for CCL, currently valued at 1.16, compared to the broader market0.501.001.502.00
CCL: 1.16
NCLH: 1.02
The chart of Calmar ratio for CCL, currently valued at 0.41, compared to the broader market0.001.002.003.004.005.00
CCL: 0.41
NCLH: -0.11
The chart of Martin ratio for CCL, currently valued at 2.02, compared to the broader market-40.00-30.00-20.00-10.000.0010.0020.00
CCL: 2.02
NCLH: -0.46

The current CCL Sharpe Ratio is 0.64, which is higher than the NCLH Sharpe Ratio of -0.15. The chart below compares the historical Sharpe Ratios of CCL and NCLH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00December2025FebruaryMarchAprilMay
0.64
-0.15
CCL
NCLH

Dividends

CCL vs. NCLH - Dividend Comparison

Neither CCL nor NCLH has paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
CCL
Carnival Corporation & Plc
0.00%0.00%0.00%0.00%0.00%2.31%3.93%3.96%2.41%2.59%2.02%2.21%
NCLH
Norwegian Cruise Line Holdings Ltd.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

CCL vs. NCLH - Drawdown Comparison

The maximum CCL drawdown since its inception was -90.37%, roughly equal to the maximum NCLH drawdown of -87.81%. Use the drawdown chart below to compare losses from any high point for CCL and NCLH. For additional features, visit the drawdowns tool.


-75.00%-70.00%-65.00%-60.00%-55.00%December2025FebruaryMarchAprilMay
-70.45%
-72.76%
CCL
NCLH

Volatility

CCL vs. NCLH - Volatility Comparison

The current volatility for Carnival Corporation & Plc (CCL) is 27.08%, while Norwegian Cruise Line Holdings Ltd. (NCLH) has a volatility of 29.91%. This indicates that CCL experiences smaller price fluctuations and is considered to be less risky than NCLH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%30.00%December2025FebruaryMarchAprilMay
27.08%
29.91%
CCL
NCLH

Financials

CCL vs. NCLH - Financials Comparison

This section allows you to compare key financial metrics between Carnival Corporation & Plc and Norwegian Cruise Line Holdings Ltd.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.002.00B4.00B6.00B8.00B20212022202320242025
5.81B
2.13B
(CCL) Total Revenue
(NCLH) Total Revenue
Values in USD except per share items

CCL vs. NCLH - Profitability Comparison

The chart below illustrates the profitability comparison between Carnival Corporation & Plc and Norwegian Cruise Line Holdings Ltd. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

-40.0%-20.0%0.0%20.0%40.0%20212022202320242025
35.2%
38.7%
(CCL) Gross Margin
(NCLH) Gross Margin
CCL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Carnival Corporation & Plc reported a gross profit of 2.04B and revenue of 5.81B. Therefore, the gross margin over that period was 35.2%.
NCLH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Norwegian Cruise Line Holdings Ltd. reported a gross profit of 823.62M and revenue of 2.13B. Therefore, the gross margin over that period was 38.7%.
CCL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Carnival Corporation & Plc reported an operating income of 543.00M and revenue of 5.81B, resulting in an operating margin of 9.4%.
NCLH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Norwegian Cruise Line Holdings Ltd. reported an operating income of 200.94M and revenue of 2.13B, resulting in an operating margin of 9.4%.
CCL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Carnival Corporation & Plc reported a net income of -78.00M and revenue of 5.81B, resulting in a net margin of -1.3%.
NCLH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Norwegian Cruise Line Holdings Ltd. reported a net income of -40.30M and revenue of 2.13B, resulting in a net margin of -1.9%.