undamentalytics Newsletter

Carnival vs Marriott International

Carnival and Marriott International are similar in size: $26.62bn and $26.19bn of revenue in their latest fiscal years. Carnival grew faster (6.4% against 4.3%). Carnival kept more of each dollar of sales as profit: a net margin of 10.4% against 9.9%.

Latest fiscal yearCarnivalCCL, 2025Marriott InternationalMAR, 2025
Revenue $26.62bn $26.19bn
Revenue growth 6.4% 4.3%
Net income $2.76bn $2.60bn
Operating margin 16.8% 15.8%
Net margin 10.4% 9.9%
Return on equity 25.6% —
Free cash flow $2.61bn $2.61bn
Cash $1.93bn $358m
Total debt $27.38bn $16.20bn
Debt to equity 223.2% —
Dividend per share — $2.64
Dividend yield — 0.7%
Share buybacks — $3.30bn
Employees 101,000 —
Market value $40.01bn $108.54bn
Price vs our value range Within our value range Above our value range
Moat score 53 (Moderate) 67 (Moderate)
Insider trades, 12 months 0 buys, 6 sales 0 buys, 25 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

Go deeper

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.