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	Feb '26 Feb 19, 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 Capitalization	72,352	64,785	59,912	30,018	11,803	17,228
Market Cap Growth	5.04%	8.13%	99.59%	154.33%	-31.49%	18.86%
Enterprise Value	90,532	82,448	80,502	48,239	32,744	33,284
Last Close Price	263.90	238.95	218.76	114.30	45.40	67.64
PE Ratio	19.90	17.82	21.56	19.55	-	-
PS Ratio	4.74	4.24	3.76	2.39	1.43	12.79
PB Ratio	8.29	7.43	8.02	6.77	4.40	3.85
P/TBV Ratio	9.61	8.61	9.77	9.49	7.72	5.10
P/FCF Ratio	68.73	61.54	31.06	57.21	-	-
P/OCF Ratio	13.14	11.77	11.78	7.41	26.22	-
EV/Sales Ratio	5.95	5.40	5.06	3.84	3.96	24.71
EV/EBITDA Ratio	14.62	14.59	14.56	12.26	53.59	-
EV/EBIT Ratio	20.00	19.68	20.20	18.42	-	-
EV/FCF Ratio	86.00	78.32	41.74	91.93	-	-
Debt / Equity Ratio	2.15	2.15	2.69	4.52	8.36	4.28
Debt / EBITDA Ratio	3.20	3.20	3.49	4.84	29.23	-
Debt / FCF Ratio	17.83	17.83	10.43	38.16	-	-
Net Debt / Equity Ratio	2.07	2.07	2.64	4.42	7.69	3.75
Net Debt / EBITDA Ratio	3.20	3.20	3.57	4.97	33.78	-7.40
Net Debt / FCF Ratio	17.16	17.16	10.23	37.30	-9.90	-4.64
Asset Turnover	0.46	0.46	0.46	0.40	0.27	0.05
Inventory Turnover	33.49	33.49	32.83	32.08	34.56	20.06
Quick Ratio	0.10	0.10	0.08	0.09	0.29	0.43
Current Ratio	0.18	0.18	0.17	0.19	0.37	0.49
Return on Equity (ROE)	47.73%	47.73%	45.83%	43.87%	-54.21%	-75.98%
Return on Assets (ROA)	7.81%	7.81%	7.14%	5.25%	-1.43%	-7.47%
Return on Invested Capital (ROIC)	15.50%	16.19%	14.85%	11.21%	-3.07%	-15.68%
Return on Capital Employed (ROCE)	16.60%	16.60%	15.10%	11.20%	-3.00%	-15.50%
Earnings Yield	5.02%	5.61%	4.64%	5.12%	-17.09%	-26.85%
FCF Yield	1.45%	1.63%	3.22%	1.75%	-17.67%	-20.97%
Dividend Yield	1.16%	1.25%	0.42%	-	-	-
Payout Ratio	19.31%	19.31%	3.72%	-	-	-
Buyback Yield / Dilution	1.79%	1.79%	1.41%	-10.98%	-1.19%	-17.57%
Total Shareholder Return	2.95%	3.04%	1.83%	-10.98%	-1.19%	-17.57%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.