RCL vs WYNN: how the two businesses compare

Royal Caribbean Cruises (RCL) and Wynn Resorts (WYNN) do not both have comparable annual revenue in the SEC XBRL snapshot, so this comparison rests on business descriptions, classifications, and filings. The SEC classifies them differently (Water Transportation; Hotels & Motels); what connects them is shared exposure to the International markets research theme, not a common industry.

Figures come from each company's own SEC filings. This page compares the businesses; it is not a price target or a verdict.

Sector
Consumer Discretionary
SEC industry
Different
Separate classifications
Fiscal year ends
December 31
Same calendar
Reviewed
Mar 2, 2026

RCL vs WYNN: quick comparison

Company factRCLWYNN
CompanyRoyal Caribbean Cruises Ltd.Wynn Resorts, Limited
ExchangeNYSENASDAQ
SEC industryWater TransportationHotels & Motels
Fiscal year-endDecember 31December 31
Latest annual filing10-K · 2026-02-1110-K · 2026-03-02

Where RCL and WYNN overlap, and where they don't

Overlap

  • Shared research theme: International markets.
  • Same fiscal calendar: both fiscal years end December 31.

Differences

  • Different SEC industries: RCL files as Water Transportation; WYNN as Hotels & Motels.

Overlap is drawn from SEC classifications and Yield Theory research themes. It is not evidence that the companies sell to the same customers or compete product for product.

Royal Caribbean Cruises Ltd. (RCL)

Royal Caribbean operates cruise lines offering vacation voyages across global itineraries.

Wynn Resorts, Limited (WYNN)

Wynn Resorts owns luxury casino resorts in Las Vegas and Macao and is developing new properties.

What moves each company

Company-specific drivers maintained by Yield Theory. Use them to decide which filing deserves deeper work; they are not predictions.

What moves RCL

We have not yet published a company-specific driver list for RCL. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-02-11.

What moves WYNN

We have not yet published a company-specific driver list for WYNN. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-03-02.

The investment question

You now know how RCL and WYNN are classified, when their fiscal years end, and where their exposures overlap. Those are the facts. The investment question is what each share price already assumes about their exposure to international markets, and which evidence in the next filings would prove that assumption wrong.

Members-only research

What members are reading this month

The thesis, the numbers behind it, and what would break it. Full access is $39 a month.

Read the full research

SEC filing comparison and disclosure evidence

Start with primary filings because fiscal calendars and accounting presentation can make superficially similar quarters incomparable. Both fiscal years end December 31, so annual reports line up, but check segment definitions before comparing growth or margins.

The current verified House and Senate snapshot contains 6 matched transaction rows for RCL and 8 matched transaction rows for WYNN. These delayed, range-based disclosures can identify a filing to inspect; they do not establish motive, conviction, or a real-time trading signal.

What this comparison cannot tell you

This page does not contain licensed live prices, a valuation model, earnings estimates, portfolio constraints, or a forecast of future returns. SEC classifications can be broad, company descriptions can lag strategic change, and the latest annual filing may predate a material acquisition or divestiture. Read subsequent quarterly and current reports before making a decision.

A stronger business is not automatically the better stock. Starting valuation, expectations, capital structure, cyclicality, dilution, and the probability of each thesis determine the investment outcome. Use this comparison to frame the work, then verify the numbers in the linked filings and current company disclosures.

RCL vs WYNN FAQs

Are RCL and WYNN direct competitors?

Not necessarily. Royal Caribbean Cruises files as Water Transportation and Wynn Resorts as Hotels & Motels. The pair is compared because both map to the International markets research theme, not because the filings show head-to-head competition.

Which is better, RCL or WYNN?

There is no context-free winner. Compare the operating exposures, filing evidence, valuation, balance sheet, and risks against the specific thesis you are testing. This page deliberately does not turn a static profile into a buy or sell recommendation.

Does this RCL vs WYNN comparison include live prices?

No. Yield Theory does not republish unlicensed real-time market data. The financial figures on this page are the audited annual numbers Royal Caribbean Cruises Ltd. and Wynn Resorts, Limited tagged in their SEC XBRL filings. Use a regulated broker or licensed quote provider for current prices and valuation multiples.

Where does the company information come from?

Company classifications, fiscal year-ends, and filing links come from the SEC EDGAR submissions API snapshot refreshed 2026-11-09. Business summaries and research themes are maintained by Yield Theory.

Data snapshot: SEC EDGAR submissions API, refreshed 2026-11-09. Independent educational research; not investment advice.

Which business differences matter to the investment thesis?

RCL vs WYNN compares reported results. The reports below show how we connect operating evidence to an investment thesis, its assumptions, catalysts, and risks. $39/month or $249/year.

$39/mo or $249/yr · cancel future renewals anytime · sources included