H vs CCL vs ATAT Stock Comparison

Hyatt Hotels, Carnival and Atour Lifestyle Holdings Prices as of Oct 23, 2026 Peers: Industry group
H Hyatt Hotels Corp
$172.43 +9.6% 1M +16.3% 1Y
Market cap
$16.22B
P/E
205.3x
Revenue (TTM)
$7.15B
Div. yield
0.00%
Hotels Consumer Discretionary
4 wins
CCL Carnival Corp Ltd.
$26.11 +19.8% 1M -11.3% 1Y
Market cap
$36.56B
P/E
11.7x
Revenue (TTM)
$27.59B
Div. yield
–
Cruise Lines Consumer Discretionary
3 wins

Head to Head

11 decided of 12

Atour Lifestyle Holdings leads on 4 of the 12 questions below (Atour Lifestyle Holdings 4, Hyatt Hotels 4, Carnival 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHCCLATATLeader
Larger companyMarket capitalisation $16.22B $36.56B $4.52B CCL
Cheaper on earningsLower P/E, profitable companies only 205.3x 11.7x 16.0x CCL
Cheaper on forward earningsLower price / next fiscal year consensus EPS 47.4x 12.2x 13.3x CCL
Faster revenue growthRevenue growth, trailing twelve months +5.8% +5.2% +45.3% ATAT
More profitableNet margin, trailing twelve months 1.1% 11.4% 16.8% ATAT
Better return on capitalReturn on invested capital -23.6% 11.5% 73.2% ATAT
Less leveragedLower net debt / EBITDA -0.7x 3.1x — H
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +16.3% -11.3% -19.9% H
Better 5-year returnAnnualised price return, 5 years +15.8%/yr +3.2%/yr — H
Less volatileAnnualised volatility, 1 year 34.7% 49.2% 38.7% H
Higher overall scoreMean of the five percentile scores vs peers 25/100 67/100 81/100 ATAT

Percentile Scorecard

HCCLATAT

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisHCCLATAT
Valuation 7 #27 of 29 86 #5 of 29 75 #8 of 29
Growth 32 #18 of 26 76 #7 of 26 96 #2 of 26
Profitability 24 #20 of 26 76 #7 of 26 100 #1 of 26
Financial Health 40 #19 of 31 57 #14 of 31 97 #2 of 31
Shareholder Returns 21 #16 of 20 42 #12 of 20 37 #13 of 20
Overall 25 67 81
  • H ranked among 32 companies in Travel and Lodging
  • CCL ranked among 32 companies in Travel and Lodging
  • ATAT ranked among 32 companies in Travel and Lodging

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodHCCLATATSPY
1 month +9.6%+19.8%-2.4% -1.0%
3 months -7.9%-0.9%-1.4% +2.9%
6 months +5.0%-3.9%-19.2% +6.4%
Year to date +7.6%-14.5%-20.0% +11.4%
1 year +16.3%-11.3%-19.9% +13.1%
3 years +68.7%+128.0%+65.7% +79.4%
3 years, per year +19.1%+31.6%+18.3% +21.5%
5 years +108.5%+17.1%— +67.7%
5 years, per year +15.8%+3.2%— +10.9%
10 years +242.7%-44.1%— +255.2%
10 years, per year +13.1%-5.7%— +13.5%

Risk

MeasureHCCLATATSPY
Volatility, 1Y 34.7%49.2%38.7% 12.7%
Downside volatility, 1Y 33.9%44.7%37.2% 12.7%
Beta vs S&P 500, 1Y 0.962.110.71 1.00
Return / volatility, 1Y 0.47-0.23-0.51 1.03
Max drawdown, 5Y -37.3%-74.3%-46.9% -25.4%
From 52-week high -14.7%-23.2%-26.6% -2.5%
52-week high $202.09$33.99$42.90 $779.14
52-week low $135.42$21.80$31.03 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleHCCLATAT
P/E now vs peer median 205.8xmedian 18.8x 11.3xmedian 18.8x 15.4xmedian 18.8x
P/S now vs peer median 2.3xmedian 1.5x 1.3xmedian 1.5x 2.6xmedian 1.5x
EV/EBITDA now vs peer median -4.0xmedian 15.0x 7.8xmedian 15.0x —median 15.0x
P/FCF now vs peer median 64.5xmedian 16.0x 11.1xmedian 16.0x 12.5xmedian 16.0x
P/B now vs peer median 4.5xmedian 2.5x 2.5xmedian 2.5x 8.7xmedian 2.5x
PEG now vs peer median -4.92median 0.37 0.19median 0.37 0.19median 0.37

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsHCCLATAT
Revenue $7.15B $27.59B $1.69B
Gross profit $1.45B – $1.05B
Operating income -$5.27B $4.41B $402.22M
Net income $81.00M $3.14B $539.47M
Free cash flow $252.00M $3.18B $345.77M
R&D – – $29.30M
EPS (diluted) $0.82 $2.29 $2.03
Cash & equivalents $537.00M $1.22B $578.45M
Total debt $19.28B $23.91B $115.44M
Shares (diluted) 96.70M 1.37B 139.77M
Enterprise value $13.38B $29.75B $1.20B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricHCCLATAT
P/E 205.8x 11.3x 15.4x
P/FCF 64.5x 11.1x 12.5x
P/Operating cash flow 36.7x 5.1x 12.8x
P/S 2.3x 1.3x 2.6x
P/B 4.5x 2.5x 8.7x
P/Tangible book 10.8x 2.7x 8.8x
EV/EBITDA -4.0x 7.8x –
EV/EBIT -3.8x 13.1x 8.8x
EV/Revenue 2.8x 2.1x 2.1x
EV/FCF 79.1x 18.2x 10.2x
EV/Operating cash flow 45.0x 8.5x 10.4x
PEG (3Y EPS CAGR) -4.92 0.19 0.19

Growth

14 metrics
MetricHCCLATAT
Revenue growth (1Y) 5.8% 5.2% 45.3%
Revenue CAGR (3Y) 3.2% 11.3% 55.5%
Gross profit growth (1Y) 3.1% – 50.0%
Gross profit CAGR (3Y) -5.0% – 72.6%
Operating income growth (1Y) -5.3% 2.4% 55.3%
Operating income CAGR (3Y) -5.9% 116.1% 86.5%
Net income growth (1Y) -81.4% 18.5% 53.1%
Net income CAGR (3Y) -43.5% 57.8% 93.9%
EPS growth (1Y) -81.9% 21.7% 44.4%
EPS CAGR (3Y) -41.8% 58.4% 79.8%
Operating cash flow growth (1Y) 47.7% 21.6% 37.0%
Operating cash flow CAGR (3Y) -12.5% 28.1% 32.4%
Free cash flow growth (1Y) 90.9% 9.0% 34.3%
Free cash flow CAGR (3Y) -19.6% 98.3% 33.9%

Profitability

14 metrics
MetricHCCLATAT
Gross margin 20.3% – 62.3%
EBITDA margin -69.3% 26.9% –
Operating margin -73.7% 16.0% 23.8%
Pretax margin 3.2% 11.5% 24.3%
Net margin 1.1% 11.4% 16.8%
FCF margin 3.5% 11.5% 20.5%
Operating cash flow margin 6.2% 24.7% 20.1%
Return on equity 2.3% 23.1% 104.9%
Return on assets 0.6% 6.1% 42.6%
Return on invested capital -23.6% 11.5% 73.2%
Return on capital employed -49.4% 11.3% 55.6%
Asset turnover 0.5x 0.5x 1.3x
Cash conversion (OCF / net income) 5.5x 2.2x 0.6x
Stock comp / revenue 1.0% 0.4% –

Financial Health

11 metrics
MetricHCCLATAT
Debt / assets 30.6% 46.9% 2.7%
Debt / equity 1.2x 1.7x 0.1x
Net debt / EBITDA -0.7x 3.1x –
Debt / FCF 17.0x 7.5x 0.1x
Liabilities / assets 74.1% 72.1% 61.3%
Equity / assets 25.9% 27.9% 38.7%
Interest coverage -17.2x 3.8x 455.5x
Current ratio 0.6x 0.3x 1.9x
Quick ratio 0.5x 0.2x 1.7x
Cash ratio 0.2x 0.1x 1.6x
Altman Z-score 0.45 1.37 6.58

Shareholder Returns

7 metrics
MetricHCCLATAT
Dividend yield 0.3% 1.7% 2.9%
Net buyback yield 1.8% 1.6% 0.0%
Shareholder yield 2.1% 3.3% 2.8%
Payout ratio (earnings) 70.4% – –
Payout ratio (FCF) 22.6% – –
Dividend growth (1Y) 0.0% – –
Dividend CAGR (3Y) 52.7% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusHCCLATAT
Forward P/E 47.4xFY2026 12.2xFY2026 13.3xFY2026
EPS, next fiscal year $3.64FY2026 $2.14FY2026 $2.37FY2026
EPS growth, next FY +66.2%FY2026 -4.9%FY2026 +32.4%FY2026
EPS growth, the year after +39.6% +16.4% +21.5%
Revenue, next fiscal year $7.50BFY2026 $29.26BFY2026 $2.01BFY2026
Revenue growth, next FY +5.7%FY2026 +9.9%FY2026 +43.9%FY2026
Revenue growth, the year after +6.6% -4.7% +17.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHCCLATAT
Held by institutions 100.0% 69.1% 56.9%
Institutions holding 528 1,030 181
Change in shares held, QoQ +2.2% +9.5% +3.9%
Institutions buying 239 993 104
Institutions selling 178 13 64
Buyers to sellers 1.34 76.38 1.63

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

HCCLATAT
H 1.00 0.53 0.22
CCL 0.53 1.00 0.28
ATAT 0.22 0.28 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, H, CCL and ATAT?

Carnival (CCL) is the largest by market capitalisation: Hyatt Hotels (H) $16.22B, Carnival (CCL) $36.56B, Atour Lifestyle Holdings (ATAT) $4.52B.

Which stock is cheaper, H, CCL and ATAT?

Carnival (CCL) trades on the lowest price-to-earnings ratio (Hyatt Hotels (H) 205.3x, Carnival (CCL) 11.7x, Atour Lifestyle Holdings (ATAT) 16.0x). On next year's consensus earnings, Carnival (CCL) is cheapest (Hyatt Hotels (H) 47.4x, Carnival (CCL) 12.2x, Atour Lifestyle Holdings (ATAT) 13.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Atour Lifestyle Holdings (ATAT) grew revenue fastest over the trailing twelve months: Hyatt Hotels (H) +5.8%, Carnival (CCL) +5.2%, Atour Lifestyle Holdings (ATAT) +45.3%.

Which company is more profitable?

Atour Lifestyle Holdings (ATAT) has the highest net margin (Hyatt Hotels (H) 1.1%, Carnival (CCL) 11.4%, Atour Lifestyle Holdings (ATAT) 16.8%). On return on invested capital, Atour Lifestyle Holdings (ATAT) leads (Hyatt Hotels (H) -23.6%, Carnival (CCL) 11.5%, Atour Lifestyle Holdings (ATAT) 73.2%).

Which stock has performed better?

Over the past year Hyatt Hotels (H) returned the most: Hyatt Hotels (H) +16.3%, Carnival (CCL) -11.3%, Atour Lifestyle Holdings (ATAT) -19.9%. Over five years, Hyatt Hotels (H) compounded fastest (Hyatt Hotels (H) +15.8%/yr, Carnival (CCL) +3.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Hyatt Hotels (H) 0.00%, Carnival (CCL) 0.00%, Atour Lifestyle Holdings (ATAT) 0.00%. Carnival (CCL) and Atour Lifestyle Holdings (ATAT) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Hyatt Hotels (H) has been the steadiest (Hyatt Hotels (H) 34.7%, Carnival (CCL) 49.2%, Atour Lifestyle Holdings (ATAT) 38.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, H, CCL and ATAT?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Atour Lifestyle Holdings (ATAT) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.