Royal Caribbean Cruises Ratios and Metrics

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 18, 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	56,331	56,644	46,586	24,936	9,475	14,716
Market Cap Growth	10.33%	21.59%	86.82%	163.18%	-35.62%	10.51%
Enterprise Value	72,379	70,273	60,799	39,973	24,413	27,243
PE Ratio	17.76	17.87	21.09	20.52	-5.85	-3.68
Forward PE	15.28	16.11	16.78	14.82	36.29	-
PS Ratio	4.23	4.21	3.76	2.39	1.43	12.79
PB Ratio	7.40	7.51	8.20	7.03	4.40	3.85
P/TBV Ratio	7.51	7.61	8.51	7.76	4.39	3.81
P/FCF Ratio	61.34	61.02	31.06	57.25	-5.66	-4.77
P/OCF Ratio	11.73	11.67	11.78	7.42	26.23	-10.43
EV/Sales Ratio	5.39	5.22	4.91	3.83	3.68	23.68
EV/EBITDA Ratio	13.24	14.12	14.19	12.28	50.71	-14.08
EV/EBIT Ratio	18.11	19.06	19.72	18.49	-42.44	-9.37
EV/FCF Ratio	78.81	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	5.63%	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	1.12%	1.09%	0.18%	0.00%	0.00%	0.00%
Payout Ratio	19.31%	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	2.65%	2.63%	0.18%	0.00%	0.00%	-8.28%

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