Royal Caribbean Cruises Ltd. (RCL)
| Market Cap | 86.49B -9.7% |
| Revenue (ttm) | 18.68B +8.7% |
| Net Income | 4.40B +22.1% |
| EPS | 16.23 +20.6% |
| Shares Out | 268.19M |
| PE Ratio | 19.88 |
| Forward PE | 17.24 |
| Dividend | $6.00 (1.86%) |
| Ex-Dividend Date | Jun 3, 2026 |
| Volume | 3,431,385 |
| Open | 302.70 |
| Previous Close | 305.04 |
| Day's Range | 293.15 - 324.58 |
| 52-Week Range | 232.10 - 366.50 |
| Beta | 1.76 |
| Analysts | Buy |
| Price Target | 337.22 (+4.56%) |
| 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 $337.22, which is an increase of 4.56% from the latest price.
News
Royal Caribbean yields to accelerate in Q4 at William Blair
William Blair keeps an Outperform rating on Royal Caribbean (RCL) after its Q2 earnings beat while also raising the firm’s EPS target for FY26 to $17.81 from $17.28 and FY27…
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 confirms development plans for Mahahual K’iin Community Center
Royal Caribbean (RCL) confirmed plans to advance the development of the new Mahahual K’iin Community Center. The new center builds on a community space that has served Mahahual since 2014,…
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 price target lowered to $327 from $362 at Citi
Citi lowered the firm’s price target on Royal Caribbean (RCL) to $327 from $362 and keeps a Buy rating on the shares. The cruise sector has “favorable secular growth dynamics,”…
Royal Caribbean names Tara Bunch to board of directors
Royal Caribbean Group (RCL) announced the appointment of Tara Bunch, former Senior Vice President and Global Head of Operations at Airbnb (ABNB), to its Board of Directors. Published first on…
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...
Royal Caribbean put volume heavy and directionally bearish
Bearish flow noted in Royal Caribbean (RCL) with 7,297 puts trading, or 9x expected. Most active are Sep-26 290 puts and Jan-27 370 calls, with total volume in those strikes…
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.
Royal Caribbean price target raised to $330 from $310 at Argus
Argus analyst John Staszak raised the firm’s price target on Royal Caribbean (RCL) to $330 from $310 and keeps a Buy rating on the shares. Cruise demand is likely to…
Royal Caribbean initiated with an Outperform at BMO Capital
BMO Capital analyst Tristan Thomas-Martin initiated coverage of Royal Caribbean (RCL) with an Outperform rating and $370 price target The firm also names the stock its top pick in the…
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...