# SIC 4400 - Water Transportation

Informational only - not investment advice.

Division: [Transportation, Communications, Electric, Gas, And Sanitary Services](/division/E/). Major group: [SIC Major Group 44](/major-group/44/). As of: 2026-03-02

## Companies
- [CCL](/company/CCL/): Carnival Corp Ltd.
- [NCLH](/company/NCLH/): Norwegian Cruise Line Holdings Ltd.
- [RCL](/company/RCL/): ROYAL CARIBBEAN CRUISES LTD

## Macro Context
- [GDPC1](/indicator/GDPC1/): Real Gross Domestic Product
- [INDPRO](/indicator/INDPRO/): Industrial Production: Total Index
- [TCU](/indicator/TCU/): Capacity Utilization: Total Index
- [DGS10](/indicator/DGS10/): Market Yield on U.S. Treasury Securities at 10-Year Constant Maturity
- [BOPGSTB](/indicator/BOPGSTB/): U.S. International Trade in Goods and Services: Balance

## Sector financials

Peer figures are build-time aggregates of the SEC companyfacts financials already shown on member company pages. As of latest member filing date: 2026-03-02.

| Companies with data | Companies with revenue | Aggregate revenue | Median revenue | Median net margin | Median operating margin | Median revenue growth | Median diluted EPS |
| ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| 3 | 3 | 54,384,592,000 | 17,935,000,000 | 10.37% | 16.84% | 6.40% | 2.02 |

### Peer Table

| Company | Latest revenue | Revenue FY | Net margin | Operating margin | Revenue growth | Diluted EPS |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| [CCL](/company/CCL/) - Carnival Corp Ltd. | 26,622,000,000 | 2025 | 10.37% | 16.84% | 6.40% | 2.02 |
| [RCL](/company/RCL/) - ROYAL CARIBBEAN CRUISES LTD | 17,935,000,000 | 2025 | 23.80% | 27.38% | 8.80% | 15.61 |
| [NCLH](/company/NCLH/) - Norwegian Cruise Line Holdings Ltd. | 9,827,592,000 | 2025 | 4.31% | 15.88% | 3.67% | 0.92 |

## Sources
Macro data:
- [GDPC1](https://fred.stlouisfed.org/series/GDPC1): FRED series GDPC1, source: U.S. Bureau of Economic Analysis
- [INDPRO](https://fred.stlouisfed.org/series/INDPRO): FRED series INDPRO, source: Board of Governors of the Federal Reserve System
- [TCU](https://fred.stlouisfed.org/series/TCU): FRED series TCU, source: Board of Governors of the Federal Reserve System
- [DGS10](https://fred.stlouisfed.org/series/DGS10): FRED series DGS10, source: Board of Governors / U.S. Treasury market data
- [BOPGSTB](https://fred.stlouisfed.org/series/BOPGSTB): FRED series BOPGSTB, source: U.S. Census Bureau and U.S. Bureau of Economic Analysis

SEC data:
- [CCL SEC company page](https://www.sec.gov/edgar/browse/?CIK=815097); [latest 10-K 0000815097-26-000007](https://www.sec.gov/Archives/edgar/data/815097/000081509726000007/ccl-20251130.htm)
- [NCLH SEC company page](https://www.sec.gov/edgar/browse/?CIK=1513761); [latest 10-K 0001104659-26-022067](https://www.sec.gov/Archives/edgar/data/1513761/000110465926022067/nclh-20251231x10k.htm)
- [RCL SEC company page](https://www.sec.gov/edgar/browse/?CIK=884887); [latest 10-K 0000884887-26-000007](https://www.sec.gov/Archives/edgar/data/884887/000088488726000007/rcl-20251231.htm)