scorecardCarnival, Royal Caribbean, and Norwegian Cruise Line are in a fierce battle for domination in the cruise industry - here's how they stack up
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Carnival, Royal Caribbean, and Norwegian Cruise Line are in a fierce battle for domination in the cruise industry - here's how they stack up

Profits

Carnival, Royal Caribbean, and Norwegian Cruise Line are in a fierce battle for domination in the cruise industry - here's how they stack up

Number of passengers

Number of passengers

The companies had the following number of passengers in 2018:

  1. Carnival: 12.4 million
  2. Royal Caribbean: 6.1 million
  3. Norwegian: 2.8 million

Market share

Market share

The three companies were responsible for the following percentages of global cruise-industry revenue in 2018:

  1. Carnival: 39.4%
  2. Royal Caribbean: 20.2%
  3. Norwegian: 12.6%

Source: Cruise Market Watch

Market capitalization (as of June 2019)

Market capitalization (as of June 2019)
  1. Carnival: $33.36 billion
  2. Royal Caribbean: $25.36 billion
  3. Norwegian: $11.46 billion

Median annual pay for employees

Median annual pay for employees

Each company's median employee earned the following in 2018:

  1. Norwegian: $20,101
  2. Royal Caribbean: $19,396
  3. Carnival: $16,622

Number of employees

Number of employees
  1. Carnival: Around 154,161 (as of October 31, 2018)
  2. Royal Caribbean: Around 77,000 (as of December 31, 2018)
  3. Norwegian: Around 33,200 (as of December 31, 2018)

Number of ships

Number of ships
  1. Carnival: 104 (as of November 30, 2018)
  2. Royal Caribbean: 60 (as of December 31, 2018)
  3. Norwegian: 26 (as of December 31, 2018)

Number of cruise lines

Number of cruise lines
  1. Carnival: 9
  2. Royal Caribbean: 6
  3. Norwegian: 3

How much their CEOs make

How much their CEOs make

The three companies reported the following annual compensation for their CEOs in 2018:

  1. Norwegian: Frank Del Rio — $22,593,061*
  2. Carnival: Arnold Donald — $13,515,884
  3. Royal Caribbean: Richard Fain — $12,422,715

*For accounting reasons, Del Rio's 2018 compensation includes a 2017 stock award. Without the 2017 stock award, Del Rio would have earned $14,873,324 in 2018.

How old the companies are

How old the companies are
  1. Norwegian: 53 years
  2. Royal Caribbean: 51 years
  3. Carnival: 47 years

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