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Side-by-side financial comparison of Royal Caribbean Group (RCL) and TELUS CORP (TU). Click either name above to swap in a different company.

Royal Caribbean Group is the larger business by last-quarter revenue ($4.3B vs $3.7B, roughly 1.1× TELUS CORP). Royal Caribbean Group runs the higher net margin — 17.7% vs -4.8%, a 22.5% gap on every dollar of revenue. On growth, Royal Caribbean Group posted the faster year-over-year revenue change (13.3% vs 2.2%).

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 ...

Telus Corporation is a Canadian publicly traded holding company and conglomerate, headquartered in Vancouver, British Columbia, which is the parent company of several subsidiaries: Telus Communications offers telephony, television, data and Internet services; Telus Mobility offers wireless services; Telus Health operates companies that provide health products and services; and Telus Digital operates worldwide, providing multilingual customer service outsourcing and digital IT services. Telus ...

RCL vs TU — Head-to-Head

Bigger by revenue
RCL
RCL
1.1× larger
RCL
$4.3B
$3.7B
TU
Growing faster (revenue YoY)
RCL
RCL
+11.1% gap
RCL
13.3%
2.2%
TU
Higher net margin
RCL
RCL
22.5% more per $
RCL
17.7%
-4.8%
TU

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
RCL
RCL
TU
TU
Revenue
$4.3B
$3.7B
Net Profit
$753.0M
$-178.8M
Gross Margin
47.4%
90.2%
Operating Margin
21.9%
3.4%
Net Margin
17.7%
-4.8%
Revenue YoY
13.3%
2.2%
Net Profit YoY
36.4%
-210.9%
EPS (diluted)
$2.76

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.

Revenue
RCL
RCL
TU
TU
Q4 25
$4.3B
Q3 25
$5.1B
Q2 25
$4.5B
$3.7B
Q1 25
$4.0B
Q4 24
$3.8B
Q3 24
$4.9B
Q2 24
$4.1B
$3.6B
Q1 24
$3.7B
Net Profit
RCL
RCL
TU
TU
Q4 25
$753.0M
Q3 25
$1.6B
Q2 25
$1.2B
$-178.8M
Q1 25
$730.0M
Q4 24
$552.0M
Q3 24
$1.1B
Q2 24
$854.0M
$161.3M
Q1 24
$360.0M
Gross Margin
RCL
RCL
TU
TU
Q4 25
47.4%
Q3 25
51.8%
Q2 25
49.7%
90.2%
Q1 25
48.0%
Q4 24
45.4%
Q3 24
51.1%
Q2 24
47.6%
87.9%
Q1 24
44.8%
Operating Margin
RCL
RCL
TU
TU
Q4 25
21.9%
Q3 25
33.1%
Q2 25
29.3%
3.4%
Q1 25
23.6%
Q4 24
16.6%
Q3 24
33.4%
Q2 24
26.7%
13.7%
Q1 24
20.1%
Net Margin
RCL
RCL
TU
TU
Q4 25
17.7%
Q3 25
30.6%
Q2 25
26.7%
-4.8%
Q1 25
18.3%
Q4 24
14.7%
Q3 24
22.7%
Q2 24
20.8%
4.4%
Q1 24
9.7%
EPS (diluted)
RCL
RCL
TU
TU
Q4 25
$2.76
Q3 25
$5.74
Q2 25
$4.41
Q1 25
$2.70
Q4 24
$2.27
Q3 24
$4.21
Q2 24
$3.11
Q1 24
$1.35

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
RCL
RCL
TU
TU
Cash + ST InvestmentsLiquidity on hand
$825.0M
$2.7B
Total DebtLower is stronger
$18.2B
Stockholders' EquityBook value
$10.0B
$11.8B
Total Assets
$41.6B
$44.3B
Debt / EquityLower = less leverage
1.81×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RCL
RCL
TU
TU
Q4 25
$825.0M
Q3 25
$432.0M
Q2 25
$735.0M
$2.7B
Q1 25
$386.0M
Q4 24
$388.0M
Q3 24
$418.0M
Q2 24
$391.0M
$676.7M
Q1 24
$437.0M
Total Debt
RCL
RCL
TU
TU
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
Stockholders' Equity
RCL
RCL
TU
TU
Q4 25
$10.0B
Q3 25
$10.1B
Q2 25
$9.2B
$11.8B
Q1 25
$8.0B
Q4 24
$7.6B
Q3 24
$7.0B
Q2 24
$6.0B
$12.4B
Q1 24
$5.2B
Total Assets
RCL
RCL
TU
TU
Q4 25
$41.6B
Q3 25
$40.1B
Q2 25
$38.5B
$44.3B
Q1 25
$37.5B
Q4 24
$37.1B
Q3 24
$37.1B
Q2 24
$37.0B
$41.8B
Q1 24
$35.2B
Debt / Equity
RCL
RCL
TU
TU
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
RCL
RCL
TU
TU
Operating Cash FlowLast quarter
$1.6B
$851.2M
Free Cash FlowOCF − Capex
$116.0M
FCF MarginFCF / Revenue
2.7%
Capex IntensityCapex / Revenue
35.4%
Cash ConversionOCF / Net Profit
2.16×
TTM Free Cash FlowTrailing 4 quarters
$1.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RCL
RCL
TU
TU
Q4 25
$1.6B
Q3 25
$1.5B
Q2 25
$1.7B
$851.2M
Q1 25
$1.6B
Q4 24
$1.5B
Q3 24
$897.0M
Q2 24
$1.6B
$1.0B
Q1 24
$1.3B
Free Cash Flow
RCL
RCL
TU
TU
Q4 25
$116.0M
Q3 25
$-989.0M
Q2 25
$910.0M
Q1 25
$1.2B
Q4 24
$915.0M
Q3 24
$563.0M
Q2 24
$-567.0M
Q1 24
$1.1B
FCF Margin
RCL
RCL
TU
TU
Q4 25
2.7%
Q3 25
-19.2%
Q2 25
20.1%
Q1 25
30.0%
Q4 24
24.3%
Q3 24
11.5%
Q2 24
-13.8%
Q1 24
29.1%
Capex Intensity
RCL
RCL
TU
TU
Q4 25
35.4%
Q3 25
47.8%
Q2 25
18.4%
Q1 25
10.7%
Q4 24
14.7%
Q3 24
6.8%
Q2 24
52.1%
Q1 24
6.5%
Cash Conversion
RCL
RCL
TU
TU
Q4 25
2.16×
Q3 25
0.93×
Q2 25
1.44×
Q1 25
2.23×
Q4 24
2.66×
Q3 24
0.81×
Q2 24
1.84×
6.28×
Q1 24
3.69×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

RCL
RCL

Passenger$2.9B69%
Other$1.3B31%

TU
TU

Segment breakdown not available.

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