Royal Caribbean Cruises Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 12, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	64,447	75,426	62,032	33,204	12,616	19,596
Market Cap Growth	4.63%	21.59%	86.82%	163.18%	-35.62%	10.51%
Enterprise Value	83,169	93,574	80,959	53,227	32,507	36,276
PE Ratio	17.73	17.87	21.09	20.52	-5.85	-3.68
Forward PE	14.98	16.11	16.78	14.82	36.29	-
PS Ratio	4.22	4.21	3.76	2.39	1.43	12.79
PB Ratio	7.39	7.51	8.20	7.03	4.40	3.85
P/TBV Ratio	6.30	7.61	8.51	7.76	4.39	3.81
P/FCF Ratio	61.22	61.02	31.06	57.25	-5.66	-4.77
P/OCF Ratio	11.70	11.67	11.78	7.42	26.23	-10.43
EV/Sales Ratio	5.31	5.22	4.91	3.83	3.68	23.68
EV/EBITDA Ratio	13.04	14.12	14.19	12.28	50.71	-14.08
EV/EBIT Ratio	17.84	19.06	19.72	18.49	-42.44	-9.37
EV/FCF Ratio	79.01	75.71	40.54	91.77	-14.58	-8.83
Debt / Equity Ratio	1.83	1.83	2.47	4.15	7.61	3.81
Debt / EBITDA Ratio	3.33	3.33	3.65	5.11	37.43	-8.42
Debt / FCF Ratio	17.83	17.83	10.43	38.16	-10.76	-5.28
Net Debt / Equity Ratio	2.11	2.11	2.70	4.58	7.69	3.74
Net Debt / EBITDA Ratio	3.20	3.20	3.58	4.99	34.41	-7.37
Net Debt / FCF Ratio	17.16	17.16	10.23	37.30	-9.90	-4.62
Asset Turnover	0.40	0.40	0.40	0.35	0.24	0.04
Inventory Turnover	34.34	34.34	33.73	32.94	35.36	20.37
Quick Ratio	0.09	0.09	0.08	0.10	0.29	0.43
Current Ratio	0.66	0.66	0.73	0.76	0.86	0.93
Return on Equity (ROE)	47.73%	47.73%	45.84%	43.87%	-54.21%	-75.98%
Return on Assets (ROA)	10.72%	10.72%	9.74%	7.32%	-2.09%	-11.11%
Return on Invested Capital (ROIC)	11.58%	11.58%	10.46%	8.01%	-2.36%	-12.82%
Return on Capital Employed (ROCE)	14.43%	14.43%	12.87%	9.53%	-2.66%	-13.38%
Earnings Yield	5.64%	5.60%	4.74%	4.87%	-17.09%	-27.17%
FCF Yield	1.63%	1.64%	3.22%	1.75%	-17.67%	-20.96%
Dividend Yield	1.58%	1.09%	0.18%	0.00%	0.00%	0.00%
Payout Ratio	27.46%	19.31%	3.72%	0.00%	0.00%	0.00%
Buyback Yield / Dilution	1.54%	1.54%	0.00%	0.00%	0.00%	-8.28%
Total Shareholder Return	3.12%	2.63%	0.18%	0.00%	0.00%	-8.28%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.