Royal Caribbean Cruises Ltd. (RCL)
| Market Cap | 78.36B -12.3% |
| Revenue (ttm) | 18.68B +8.7% |
| Net Income | 4.40B +22.1% |
| EPS | 16.21 +20.4% |
| Shares Out | 267.45M |
| PE Ratio | 18.07 |
| Forward PE | 15.54 |
| Dividend | $6.00 (2.05%) |
| Ex-Dividend Date | Jun 3, 2026 |
| Volume | 1,607,038 |
| Open | 295.90 |
| Previous Close | 292.00 |
| Day's Range | 289.46 - 298.86 |
| 52-Week Range | 232.10 - 366.50 |
| Beta | 1.78 |
| Analysts | Buy |
| Price Target | 346.92 (+18.4%) |
| Earnings Date | Jul 28, 2026 |
About RCL
Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. As of December 31, 2025, it operated 69 ships. Royal Caribbean Cruises Ltd. was founded in 1968 and is headquartered in Miami, Florida.
Financial Performance
In 2025, Royal Caribbean Cruises's revenue was $17.94 billion, an increase of 8.80% compared to the previous year's $16.48 billion. Earnings were $4.27 billion, an increase of 48.35%.
Financial StatementsAnalyst Summary
According to 28 analysts, the average rating for RCL stock is "Buy." The 12-month stock price target is $346.92, which is an increase of 18.40% from the latest price.
News
Royal Caribbean Group announces completion of offering of $1.25 billion senior unsecured notes due 2034
MIAMI, Aug. 20, 2026 /PRNewswire/ -- Royal Caribbean Cruises Ltd. (NYSE: RCL) (the "Company") today announced that it has completed its registered public offering of $1.25 billion aggregate principal ...
CELEBRITY CRUISES UNVEILS UNMATCHED EUROPEAN VACATIONS AND ITINERARIES ON ALL SEVEN CONTINENTS IN 2028 AND 2029
An exciting Europe season includes new ways to experience the region, as Celebrity Beyond returns for the first time following a 2026 renewal. Enhanced outdoor escapes include the Celebrity Pool Club ...
Royal Caribbean Group announces pricing of $1.25 billion senior unsecured notes due 2034
MIAMI, Aug. 6, 2026 /PRNewswire/ -- Royal Caribbean Cruises Ltd. (NYSE: RCL) (the "Company") today announced that it has priced a registered public offering of $1.25 billion aggregate principal amount...
Royal Caribbean Group announces proposed offering of senior unsecured notes
MIAMI, Aug. 6, 2026 /PRNewswire/ -- Royal Caribbean Cruises Ltd. (NYSE: RCL) (the "Company") today announced that it has commenced a registered public offering of senior unsecured notes (the "Notes").
Tuesday's Morning Movers: RCL Stalls, PYPL & KO Rally on Earnings
Royal Caribbean (RCL) lowered its revenue guidance for the year but posted a quarterly earnings beat. Diane King Hall notes the downside price action and discusses the direction Royal Caribbean needs ...
Royal Caribbean Cruises Earnings Call Transcript: Q2 2026
Second quarter results surpassed expectations with strong revenue, yield, and EPS growth. Robust demand, record pricing, and high guest satisfaction support an improved full-year outlook, despite geopolitical headwinds in Europe. Capital returns and investments in technology and destinations continue.
Royal Caribbean Cruises Earnings release: Q2 2026
Royal Caribbean Cruises released its Q2 2026 earnings on July 28, 2026, summarizing the period's financial results.
Royal Caribbean Cruises Slides: Q2 2026
Royal Caribbean Cruises has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 28, 2026.
Royal Caribbean Cruises Quarterly report: Q2 2026
Royal Caribbean Cruises has published its Q2 2026 quarterly earnings report on July 28, 2026.
Royal Caribbean trims revenue forecast on booking hit from geopolitical tensions
Royal Caribbean cut its annual revenue forecast on Tuesday, warning that prolonged geopolitical tensions were weighing on bookings for some sailings.
Royal Caribbean Cuts Revenue Outlook as Bookings Remain Pressured
Royal Caribbean Group cut its revenue outlook for the year, as prolonged geopolitical uncertainty hurt bookings in the second quarter.
ROYAL CARIBBEAN GROUP REPORTS SECOND QUARTER RESULTS ABOVE EXPECTATIONS AND RAISES FULL YEAR GUIDANCE
MIAMI, July 28, 2026 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) today reported second quarter Earnings per Share ("EPS") of $4.20 and Adjusted EPS of $4.21. These results were better than the c...
Royal Caribbean Earnings Will Chart the Course for Cruise Stocks
The cruise operator has outperformed its peers this year and its earnings should keep that trend going.
Starboard Debuts Iconic Retail Experiences Onboard Royal Caribbean's Legend of the Seas
MIAMI--(BUSINESS WIRE)--Starboard today announced the debut of an expansive collection of immersive retail experiences onboard Royal Caribbean's Legend of the Seas.
ROYAL CARIBBEAN AFFIRMS COMMITMENT TO MAHAHUAL K'IIN, A COMMUNITY HUB DESIGNED WITH AND FOR RESIDENTS
New, more centrally located facility will expand programs, gathering spaces and recreation opportunities for Mahahual families, children and residents MAHAHUAL, QUINTANA ROO, Mexico, July 22, 2026 /PR...
ROYAL CARIBBEAN GROUP APPOINTS TARA BUNCH TO BOARD OF DIRECTORS
MIAMI, July 20, 2026 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) today announced the appointment of Tara Bunch, former Senior Vice President and Global Head of Operations at Airbnb, to its Board...
CELEBRITY CRUISES UNVEILS 13 NEW EXPERIENCES ON CELEBRITY REFLECTION, REDEFINING CARIBBEAN CRUISING
Setting sail in March 2027, guests will find enhanced outdoor escapes, new world-class dining, and unforgettable entertainment for a new Reflection, full of smiles. MIAMI, July 9, 2026 /PRNewswire/ --...
ROYAL CARIBBEAN GROUP TO HOLD CONFERENCE CALL ON SECOND QUARTER 2026 EARNINGS
MIAMI, July 8, 2026 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) has scheduled a conference call for 10:00 a.m. Eastern Time, Tuesday, July 28, 2026, to discuss the company's second quarter 2026 ...
Why Viking and Royal Caribbean Rule Cruising
Royal Caribbean and Viking Holdings were given an Outperform rating by BMO Capital Markets analyst Tristan Thomas-Martin.
CELEBRITY RIVER CRUISES INNOVATES PRE- AND POST-CRUISE EXPERIENCES WITH LAUNCH OF BEFORE AND AFTER STAYS IN FOUR EUROPEAN CITIES
Unlock more of Europe with immersive destination discovery and personalized experiences, all with Celebrity Cruises' signature hospitality, in Prague, Budapest, Amsterdam and Lausanne. MIAMI, June 30,...
ROYAL CARIBBEAN PARTNERS WITH ROALD DAHL'S MARVELLOUS CHILDREN'S CHARITY AHEAD OF "CHARLIE AND THE CHOCOLATE FACTORY" DEBUT ON LEGEND OF THE SEAS
The partnership will raise funds for specialist children's nurses through onboard donations and awareness initiatives during the new Icon Class ship's inaugural European season in July 2026 LONDON, Ju...
ROYAL CARIBBEAN GROUP RELEASES 2025 COMMUNITY IMPACT REPORT, ADVANCING ITS COMMITMENT TO COMMUNITIES AND DESTINATIONS AROUND THE WORLD
Company's New Foundation Marks Next Chapter in Destination Stewardship Key Takeaways Delivered $61 million in total community contributions value. Positively impacted 3.1 million individuals across 85...
Carnival Earnings Are a Big Test for the Cruise Stocks Rally
Cruise stocks have been on a tear recently, boosted by tumbling oil prices and hopes of an end to the Iran war.
ROYAL CARIBBEAN SELECTS COHORT OF LEGENDARY ARTISTS TO BE FEATURED ON LEGEND OF THE SEAS
As part of the vacation brand's Artist Discovery Program, the group of artists will create original artwork for six locations across the newest Icon Class vacation MIAMI, June 16, 2026 /PRNewswire/ -...
ROYAL CARIBBEAN OFFICIALLY WELCOMES LEGEND OF THE SEAS TO THE REVOLUTIONARY ICON CLASS, BUILT IN COLLABORATION WITH MEYER TURKU
The celebration in Turku, Finland, marked the official handover of the ship to the vacation brand ahead of a July 2026 European debut MIAMI, June 10, 2026 /PRNewswire/ -- Royal Caribbean has officiall...