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Side-by-side financial comparison of Royal Caribbean Group (RCL) and Universal Health Services (UHS). Click either name above to swap in a different company.

Universal Health Services is the larger business by last-quarter revenue ($4.5B vs $4.3B, roughly 1.1× Royal Caribbean Group). Royal Caribbean Group runs the higher net margin — 17.9% vs 8.0%, a 9.9% gap on every dollar of revenue. On growth, Royal Caribbean Group posted the faster year-over-year revenue change (13.2% vs 8.2%). Over the past eight quarters, Universal Health Services's revenue compounded faster (7.3% CAGR vs 1.8%).

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 ...

Universal Health Services, Inc. (UHS) is an American Fortune 500 company that provides hospital and healthcare services, based in King of Prussia, Pennsylvania. In 2024, UHS reported total revenues of $15.8 billion.

RCL vs UHS — Head-to-Head

Bigger by revenue
UHS
UHS
1.1× larger
UHS
$4.5B
$4.3B
RCL
Growing faster (revenue YoY)
RCL
RCL
+5.0% gap
RCL
13.2%
8.2%
UHS
Higher net margin
RCL
RCL
9.9% more per $
RCL
17.9%
8.0%
UHS
Faster 2-yr revenue CAGR
UHS
UHS
Annualised
UHS
7.3%
1.8%
RCL

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
RCL
RCL
UHS
UHS
Revenue
$4.3B
$4.5B
Net Profit
$762.0M
$358.7M
Gross Margin
Operating Margin
21.9%
11.2%
Net Margin
17.9%
8.0%
Revenue YoY
13.2%
8.2%
Net Profit YoY
36.3%
11.5%
EPS (diluted)
$2.76
$5.65

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
UHS
UHS
Q1 26
$4.3B
$4.5B
Q4 25
$4.3B
$4.5B
Q3 25
$5.1B
$4.5B
Q2 25
$4.5B
$4.3B
Q1 25
$4.0B
$4.1B
Q4 24
$3.8B
$4.1B
Q3 24
$4.9B
$4.0B
Q2 24
$4.1B
$3.9B
Net Profit
RCL
RCL
UHS
UHS
Q1 26
$762.0M
$358.7M
Q4 25
$753.0M
$445.9M
Q3 25
$1.6B
$373.0M
Q2 25
$1.2B
$353.2M
Q1 25
$730.0M
$316.7M
Q4 24
$552.0M
$332.4M
Q3 24
$1.1B
$258.7M
Q2 24
$854.0M
$289.2M
Gross Margin
RCL
RCL
UHS
UHS
Q1 26
Q4 25
47.4%
Q3 25
51.8%
Q2 25
49.7%
Q1 25
48.0%
Q4 24
45.4%
Q3 24
51.1%
Q2 24
47.6%
Operating Margin
RCL
RCL
UHS
UHS
Q1 26
21.9%
11.2%
Q4 25
21.9%
11.5%
Q3 25
33.1%
11.6%
Q2 25
29.3%
11.7%
Q1 25
23.6%
11.1%
Q4 24
16.6%
11.5%
Q3 24
33.4%
9.7%
Q2 24
26.7%
11.2%
Net Margin
RCL
RCL
UHS
UHS
Q1 26
17.9%
8.0%
Q4 25
17.7%
9.9%
Q3 25
30.6%
8.3%
Q2 25
26.7%
8.2%
Q1 25
18.3%
7.7%
Q4 24
14.7%
8.1%
Q3 24
22.7%
6.5%
Q2 24
20.8%
7.4%
EPS (diluted)
RCL
RCL
UHS
UHS
Q1 26
$2.76
$5.65
Q4 25
$2.76
$7.01
Q3 25
$5.74
$5.86
Q2 25
$4.41
$5.43
Q1 25
$2.70
$4.80
Q4 24
$2.27
$4.94
Q3 24
$4.21
$3.80
Q2 24
$3.11
$4.26

Balance Sheet & Financial Strength

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

Metric
RCL
RCL
UHS
UHS
Cash + ST InvestmentsLiquidity on hand
$825.0M
$119.0M
Total DebtLower is stronger
$21.3B
$4.7B
Stockholders' EquityBook value
$10.2B
$7.5B
Total Assets
$41.6B
$15.7B
Debt / EquityLower = less leverage
2.08×
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RCL
RCL
UHS
UHS
Q1 26
$825.0M
$119.0M
Q4 25
$825.0M
$137.8M
Q3 25
$432.0M
$112.9M
Q2 25
$735.0M
$137.6M
Q1 25
$386.0M
$126.8M
Q4 24
$388.0M
$126.0M
Q3 24
$418.0M
$106.1M
Q2 24
$391.0M
$128.8M
Total Debt
RCL
RCL
UHS
UHS
Q1 26
$21.3B
$4.7B
Q4 25
$18.2B
$4.8B
Q3 25
$17.2B
$4.7B
Q2 25
$17.6B
$4.6B
Q1 25
$18.0B
$4.6B
Q4 24
$18.5B
$4.5B
Q3 24
$19.0B
$4.7B
Q2 24
$19.8B
$4.5B
Stockholders' Equity
RCL
RCL
UHS
UHS
Q1 26
$10.2B
$7.5B
Q4 25
$10.0B
$7.3B
Q3 25
$10.1B
$7.2B
Q2 25
$9.2B
$7.0B
Q1 25
$8.0B
$6.8B
Q4 24
$7.6B
$6.7B
Q3 24
$7.0B
$6.6B
Q2 24
$6.0B
$6.5B
Total Assets
RCL
RCL
UHS
UHS
Q1 26
$41.6B
$15.7B
Q4 25
$41.6B
$15.5B
Q3 25
$40.1B
$15.3B
Q2 25
$38.5B
$15.0B
Q1 25
$37.5B
$14.9B
Q4 24
$37.1B
$14.5B
Q3 24
$37.1B
$14.4B
Q2 24
$37.0B
$14.1B
Debt / Equity
RCL
RCL
UHS
UHS
Q1 26
2.08×
0.63×
Q4 25
1.81×
0.65×
Q3 25
1.70×
0.66×
Q2 25
1.92×
0.65×
Q1 25
2.26×
0.68×
Q4 24
2.44×
0.68×
Q3 24
2.69×
0.71×
Q2 24
3.29×
0.69×

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
UHS
UHS
Operating Cash FlowLast quarter
$6.5B
$401.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
4.8%
Cash ConversionOCF / Net Profit
8.48×
1.12×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RCL
RCL
UHS
UHS
Q1 26
$6.5B
$401.6M
Q4 25
$1.6B
$574.7M
Q3 25
$1.5B
$380.7M
Q2 25
$1.7B
$549.0M
Q1 25
$1.6B
$360.0M
Q4 24
$1.5B
$658.4M
Q3 24
$897.0M
$333.0M
Q2 24
$1.6B
$679.3M
Free Cash Flow
RCL
RCL
UHS
UHS
Q1 26
Q4 25
$116.0M
$293.5M
Q3 25
$-989.0M
$151.8M
Q2 25
$910.0M
$283.0M
Q1 25
$1.2B
$121.0M
Q4 24
$915.0M
$412.5M
Q3 24
$563.0M
$85.0M
Q2 24
$-567.0M
$437.9M
FCF Margin
RCL
RCL
UHS
UHS
Q1 26
Q4 25
2.7%
6.5%
Q3 25
-19.2%
3.4%
Q2 25
20.1%
6.6%
Q1 25
30.0%
3.0%
Q4 24
24.3%
10.0%
Q3 24
11.5%
2.1%
Q2 24
-13.8%
11.2%
Capex Intensity
RCL
RCL
UHS
UHS
Q1 26
4.8%
Q4 25
35.4%
6.3%
Q3 25
47.8%
5.1%
Q2 25
18.4%
6.2%
Q1 25
10.7%
5.8%
Q4 24
14.7%
6.0%
Q3 24
6.8%
6.3%
Q2 24
52.1%
6.2%
Cash Conversion
RCL
RCL
UHS
UHS
Q1 26
8.48×
1.12×
Q4 25
2.16×
1.29×
Q3 25
0.93×
1.02×
Q2 25
1.44×
1.55×
Q1 25
2.23×
1.14×
Q4 24
2.66×
1.98×
Q3 24
0.81×
1.29×
Q2 24
1.84×
2.35×

Financial Flow Comparison

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

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