KEX vs RCL
Kirby Corp. and Royal Caribbean Cruises Ltd., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | KEX | RCL |
|---|---|---|
| Revenue | $3.4B | $17.9B |
| Net income | $354.6M | $4.3B |
| Gross margin | · | 49.4% |
| Net margin | 10.6% | 23.9% |
| Return on equity | 10.5% | 48.5% |
| Diluted EPS | $6.33 | $15.61 |
| Dividend / share | · | $3.50 |
| Payout ratio | · | 19.3% |
| Free cash flow | $405.7M | $1.2B |
| Equity | $3.4B | $10.0B |
| Net debt / equity | 0.25× | 2.04× |
| Current ratio | 1.53× | 0.18× |
| Revenue CAGR 5y | 9.2% | 52.0% |
| Profit CAGR 5y | · | · |
RCL bills 5.3× the revenue of KEX, and keeps more of each dollar of revenue as profit (23.9% against 10.6%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | KEX | RCL |
|---|---|---|
| FY2025 | $3.4B | $17.9B |
| FY2024 | $3.3B | $16.5B |
| FY2023 | $3.1B | $13.9B |
| FY2022 | $2.8B | $8.8B |
| FY2021 | $2.2B | $1.5B |
| FY2020 | $2.2B | $2.2B |
| FY2019 | $2.8B | $11.0B |
| FY2018 | $3.0B | $9.5B |
| FY2017 | $2.2B | $8.8B |
| FY2016 | $1.8B | $8.5B |
Bottom line
| Fiscal year | KEX | RCL |
|---|---|---|
| FY2025 | $354.6M | $4.3B |
| FY2024 | $286.7M | $2.9B |
| FY2023 | $222.9M | $1.7B |
| FY2022 | $122.3M | $-2.2B |
| FY2021 | $-247.0M | $-5.3B |
| FY2020 | $-272.5M | $-5.8B |
| FY2019 | $142.3M | $1.9B |
| FY2018 | $78.5M | $1.8B |
| FY2017 | $313.2M | $1.6B |
| FY2016 | $141.4M | $1.3B |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$14,570,950,000 | RCL |
| FY2024 | −$13,218,124,000 | RCL |
| FY2023 | −$10,808,360,000 | RCL |
| FY2022 | −$6,055,246,000 | RCL |
| FY2021 | +$714,660,000 | KEX |
| FY2020 | −$37,397,000 | RCL |
| FY2019 | −$8,112,262,000 | RCL |
| FY2018 | −$6,523,152,000 | RCL |
| FY2017 | −$6,563,427,000 | RCL |
| FY2016 | −$6,725,728,000 | RCL |
| FY2015 | −$6,151,542,000 | RCL |
| FY2014 | −$5,507,537,000 | RCL |
| FY2013 | −$5,717,699,000 | RCL |
| FY2012 | −$5,575,366,000 | RCL |
| FY2011 | −$5,686,846,000 | RCL |
| FY2010 | −$5,642,947,000 | RCL |
| FY2009 | −$4,807,668,000 | RCL |
| FY2008 | −$5,172,371,000 | RCL |
The higher-revenue side has changed between KEX and RCL over this period. The gap has widened since the earliest year compared.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −13.4 pp | RCL |
| FY2024 | −8.8 pp | RCL |
| FY2023 | −5.0 pp | RCL |
| FY2022 | +28.8 pp | KEX |
| FY2021 | +332.4 pp | KEX |
| FY2020 | +249.0 pp | KEX |
| FY2019 | −12.4 pp | RCL |
| FY2018 | −16.5 pp | RCL |
| FY2017 | −4.3 pp | RCL |
| FY2016 | −7.0 pp | RCL |
| FY2015 | +2.6 pp | KEX |
| FY2014 | +1.6 pp | KEX |
| FY2013 | +5.5 pp | KEX |
| FY2012 | +9.8 pp | KEX |
| FY2011 | +2.0 pp | KEX |
| FY2010 | +2.9 pp | KEX |
| FY2009 | +9.2 pp | KEX |
| FY2008 | +2.9 pp | KEX |
The higher net margin has changed hands between KEX and RCL over this period.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
RCL's net margin has been more volatile than KEX's over the 18 comparable fiscal years — 99.5 percentage points of standard deviation against 7.2.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between KEX and RCL over these 18 fiscal years — KEX led in 11 and RCL in 7.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
RCL's return on equity has been more volatile than KEX's over the 17 comparable fiscal years — 33.8 percentage points of standard deviation against 6.7.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between KEX and RCL over these 17 fiscal years — KEX led in 10 and RCL in 7.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.