vs
Side-by-side financial comparison of Royal Caribbean Group (RCL) and TE Connectivity (TEL). Click either name above to swap in a different company.
TE Connectivity is the larger business by last-quarter revenue ($4.7B vs $4.3B, roughly 1.1× Royal Caribbean Group). Royal Caribbean Group runs the higher net margin — 17.7% vs 16.1%, a 1.6% gap on every dollar of revenue. On growth, TE Connectivity posted the faster year-over-year revenue change (21.7% vs 13.3%). TE Connectivity produced more free cash flow last quarter ($607.0M vs $116.0M). Over the past eight quarters, TE Connectivity's revenue compounded faster (8.5% CAGR vs 6.9%).
Royal Caribbean Group, formerly known as Royal Caribbean Cruises Ltd., is a cruise holding company headquartered in Miami, Florida, United States and incorporated in Liberia. It is the world's second-largest cruise line operator, after Carnival Corporation & plc. As of September 2025, Royal Caribbean Group fully owns three cruise lines: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. It also holds a 50% stake in TUI Cruises, which operates Mein Schiff and Hapag-Lloyd ...
TE Connectivity plc is an American-Irish domiciled technology company that designs and manufactures electrical and electronic components. It serves several industries, including automotive, aerospace, defense, medical, and energy.
RCL vs TEL — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $4.3B | $4.7B |
| Net Profit | $753.0M | $750.0M |
| Gross Margin | 47.4% | 37.2% |
| Operating Margin | 21.9% | 20.6% |
| Net Margin | 17.7% | 16.1% |
| Revenue YoY | 13.3% | 21.7% |
| Net Profit YoY | 36.4% | 42.0% |
| EPS (diluted) | $2.76 | $2.53 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $4.3B | $4.7B | ||
| Q3 25 | $5.1B | $4.7B | ||
| Q2 25 | $4.5B | $4.5B | ||
| Q1 25 | $4.0B | $4.1B | ||
| Q4 24 | $3.8B | $3.8B | ||
| Q3 24 | $4.9B | $4.1B | ||
| Q2 24 | $4.1B | $4.0B | ||
| Q1 24 | $3.7B | $4.0B |
| Q4 25 | $753.0M | $750.0M | ||
| Q3 25 | $1.6B | $663.0M | ||
| Q2 25 | $1.2B | $638.0M | ||
| Q1 25 | $730.0M | $13.0M | ||
| Q4 24 | $552.0M | $528.0M | ||
| Q3 24 | $1.1B | $276.0M | ||
| Q2 24 | $854.0M | $573.0M | ||
| Q1 24 | $360.0M | $541.0M |
| Q4 25 | 47.4% | 37.2% | ||
| Q3 25 | 51.8% | 35.0% | ||
| Q2 25 | 49.7% | 35.3% | ||
| Q1 25 | 48.0% | 35.2% | ||
| Q4 24 | 45.4% | 35.5% | ||
| Q3 24 | 51.1% | 34.0% | ||
| Q2 24 | 47.6% | 34.8% | ||
| Q1 24 | 44.8% | 34.4% |
| Q4 25 | 21.9% | 20.6% | ||
| Q3 25 | 33.1% | 19.3% | ||
| Q2 25 | 29.3% | 18.9% | ||
| Q1 25 | 23.6% | 18.1% | ||
| Q4 24 | 16.6% | 18.0% | ||
| Q3 24 | 33.4% | 16.0% | ||
| Q2 24 | 26.7% | 19.0% | ||
| Q1 24 | 20.1% | 17.4% |
| Q4 25 | 17.7% | 16.1% | ||
| Q3 25 | 30.6% | 14.0% | ||
| Q2 25 | 26.7% | 14.1% | ||
| Q1 25 | 18.3% | 0.3% | ||
| Q4 24 | 14.7% | 13.8% | ||
| Q3 24 | 22.7% | 6.8% | ||
| Q2 24 | 20.8% | 14.4% | ||
| Q1 24 | 9.7% | 13.6% |
| Q4 25 | $2.76 | $2.53 | ||
| Q3 25 | $5.74 | $2.23 | ||
| Q2 25 | $4.41 | $2.14 | ||
| Q1 25 | $2.70 | $0.04 | ||
| Q4 24 | $2.27 | $1.75 | ||
| Q3 24 | $4.21 | $0.96 | ||
| Q2 24 | $3.11 | $1.86 | ||
| Q1 24 | $1.35 | $1.75 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $825.0M | $1.3B |
| Total DebtLower is stronger | $18.2B | — |
| Stockholders' EquityBook value | $10.0B | $13.0B |
| Total Assets | $41.6B | $25.6B |
| Debt / EquityLower = less leverage | 1.81× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $825.0M | $1.3B | ||
| Q3 25 | $432.0M | $1.3B | ||
| Q2 25 | $735.0M | $672.0M | ||
| Q1 25 | $386.0M | $2.6B | ||
| Q4 24 | $388.0M | $1.3B | ||
| Q3 24 | $418.0M | $1.3B | ||
| Q2 24 | $391.0M | $1.5B | ||
| Q1 24 | $437.0M | $1.2B |
| Q4 25 | $18.2B | — | ||
| Q3 25 | $17.2B | — | ||
| Q2 25 | $17.6B | — | ||
| Q1 25 | $18.0B | — | ||
| Q4 24 | $18.5B | — | ||
| Q3 24 | $19.0B | — | ||
| Q2 24 | $19.8B | — | ||
| Q1 24 | $18.9B | — |
| Q4 25 | $10.0B | $13.0B | ||
| Q3 25 | $10.1B | $12.6B | ||
| Q2 25 | $9.2B | $12.4B | ||
| Q1 25 | $8.0B | $12.1B | ||
| Q4 24 | $7.6B | $12.4B | ||
| Q3 24 | $7.0B | $12.4B | ||
| Q2 24 | $6.0B | $12.6B | ||
| Q1 24 | $5.2B | $12.4B |
| Q4 25 | $41.6B | $25.6B | ||
| Q3 25 | $40.1B | $25.1B | ||
| Q2 25 | $38.5B | $24.9B | ||
| Q1 25 | $37.5B | $23.7B | ||
| Q4 24 | $37.1B | $22.4B | ||
| Q3 24 | $37.1B | $22.9B | ||
| Q2 24 | $37.0B | $22.9B | ||
| Q1 24 | $35.2B | $22.8B |
| Q4 25 | 1.81× | — | ||
| Q3 25 | 1.70× | — | ||
| Q2 25 | 1.92× | — | ||
| Q1 25 | 2.26× | — | ||
| Q4 24 | 2.44× | — | ||
| Q3 24 | 2.69× | — | ||
| Q2 24 | 3.29× | — | ||
| Q1 24 | 3.66× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.6B | $865.0M |
| Free Cash FlowOCF − Capex | $116.0M | $607.0M |
| FCF MarginFCF / Revenue | 2.7% | 13.0% |
| Capex IntensityCapex / Revenue | 35.4% | 5.5% |
| Cash ConversionOCF / Net Profit | 2.16× | 1.15× |
| TTM Free Cash FlowTrailing 4 quarters | $1.2B | $3.1B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.6B | $865.0M | ||
| Q3 25 | $1.5B | $1.4B | ||
| Q2 25 | $1.7B | $1.2B | ||
| Q1 25 | $1.6B | $653.0M | ||
| Q4 24 | $1.5B | $878.0M | ||
| Q3 24 | $897.0M | $1.0B | ||
| Q2 24 | $1.6B | $1.0B | ||
| Q1 24 | $1.3B | $710.0M |
| Q4 25 | $116.0M | $607.0M | ||
| Q3 25 | $-989.0M | $1.1B | ||
| Q2 25 | $910.0M | $957.0M | ||
| Q1 25 | $1.2B | $423.0M | ||
| Q4 24 | $915.0M | $673.0M | ||
| Q3 24 | $563.0M | $829.0M | ||
| Q2 24 | $-567.0M | $857.0M | ||
| Q1 24 | $1.1B | $543.0M |
| Q4 25 | 2.7% | 13.0% | ||
| Q3 25 | -19.2% | 24.2% | ||
| Q2 25 | 20.1% | 21.1% | ||
| Q1 25 | 30.0% | 10.2% | ||
| Q4 24 | 24.3% | 17.5% | ||
| Q3 24 | 11.5% | 20.4% | ||
| Q2 24 | -13.8% | 21.5% | ||
| Q1 24 | 29.1% | 13.7% |
| Q4 25 | 35.4% | 5.5% | ||
| Q3 25 | 47.8% | 5.7% | ||
| Q2 25 | 18.4% | 5.1% | ||
| Q1 25 | 10.7% | 5.6% | ||
| Q4 24 | 14.7% | 5.3% | ||
| Q3 24 | 6.8% | 5.2% | ||
| Q2 24 | 52.1% | 3.7% | ||
| Q1 24 | 6.5% | 4.2% |
| Q4 25 | 2.16× | 1.15× | ||
| Q3 25 | 0.93× | 2.14× | ||
| Q2 25 | 1.44× | 1.86× | ||
| Q1 25 | 2.23× | 50.23× | ||
| Q4 24 | 2.66× | 1.66× | ||
| Q3 24 | 0.81× | 3.78× | ||
| Q2 24 | 1.84× | 1.76× | ||
| Q1 24 | 3.69× | 1.31× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
RCL
| Passenger | $2.9B | 69% |
| Other | $1.3B | 31% |
TEL
| Automotive Industry End Market | $1.9B | 40% |
| Digital Data Networks | $707.0M | 15% |
| Automation And Connected Living Industry End Market | $549.0M | 12% |
| Energy Industry End Market | $406.0M | 9% |
| Aerospace Defense And Marine Industry End Market | $381.0M | 8% |
| Commercial Transportation Industry End Market | $370.0M | 8% |
| Sensors Industry End Market | $212.0M | 5% |
| Medical Industry End Market | $159.0M | 3% |
