Comparison

Airbnb, Inc. (ABNB) vs ROYAL CARIBBEAN CRUISES LTD (RCL)

The same filed metrics for both companies, side by side.

What each names as a risk in its own annual report, how each is priced against its own history, and the tracked managers whose latest 13F reports a position in both.

Financials

ABNB

Airbnb, Inc.

Travel Services

Revenue, FY25: $12.24B
Net income: $2.51B
Operating cash flow: $4.65B
Free cash flow: -
Net margin: 20.51%
Operating margin: 20.78%
Gross margin: 82.96%

RCL

ROYAL CARIBBEAN CRUISES LTD

Travel Services

Revenue, FY25: $17.94B
Net income: $4.27B
Operating cash flow: $6.47B
Free cash flow: $1.24B
Net margin: 23.80%
Operating margin: 27.38%
Gross margin: 49.36%

Head-to-head

Filed growth, quality and valuation, read against each company’s own history rather than against the other side.

Metric	ABNB	RCL
Revenue growth, latest filed year	+10.26%	+8.80%
Piotroski F-score	6 of 9	8 of 9
P/E against its own history	-	24.58% below

What each says it is exposed to

From Item 1A of each company’s most recent 10-K.

ABNB

Data privacy
Litigation
Cybersecurity
Tax
Debt covenants
AI and its regulation

And 14 more.

RCL

Litigation
Cybersecurity
Supply chain
Goodwill impairment
Interest rates
Labour

And 13 more.

Tracked managers holding both

Joel Greenblatt Gotham Asset Management 0.31% · 0.03%

Updated Aug 20, 2026 · the newer of the two companies' filings