Carnival vs. Royal Caribbean vs. Norwegian Cruise Line, ranked

Carnival Corp, Royal Caribbean Cruises, and Norwegian Cruise Line Holdings are the three dominant players in the cruise industry right now.

Together, they accounted for nearly $6 billion in profits and over 70% of the cruise market in 2018.

With demand for cruises expected to grow this year, the three companies will continue to battle for new customers.

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Carnival Corp, Royal Caribbean Cruises, and Norwegian Cruise Line Holdings are the three dominant players in the cruise industry. Together, they accounted for nearly $6 billion in profits and over 70% of the cruise market in 2018.

With demand for cruises expected to grow this year, the three companies will continue to battle for new customers.

Read more: The 10 nastiest cruise ships of all time

But Carnival, Royal Caribbean, and Norwegian are not identical. Each operates at a different scale that is reflected in their financial performances and market capitalizations.

This is how the cruise industry's three biggest companies stack up.