Royal Caribbean Cruises Ltd. (RCL)
NYSE: RCL · Real-Time Price · USD
260.29
-5.09 (-1.92%)
At close: May 15, 2026, 4:00 PM EDT
260.58
+0.29 (0.11%)
After-hours: May 15, 2026, 7:59 PM EDT

Royal Caribbean Cruises Statistics

Total Valuation

RCL has a market cap or net worth of $69.81 billion. The enterprise value is $91.09 billion.

Market Cap69.81B
Enterprise Value 91.09B

Important Dates

The last earnings date was Thursday, April 30, 2026, before market open.

Earnings Date Apr 30, 2026
Ex-Dividend Date Jun 3, 2026

Share Statistics

RCL has 268.19 million shares outstanding. The number of shares has decreased by -1.80% in one year.

Current Share Class 268.19M
Shares Outstanding 268.19M
Shares Change (YoY) -1.80%
Shares Change (QoQ) -0.73%
Owned by Insiders (%) 0.38%
Owned by Institutions (%) 86.37%
Float 254.43M

Valuation Ratios

The trailing PE ratio is 15.84 and the forward PE ratio is 14.86. RCL's PEG ratio is 1.16.

PE Ratio 15.84
Forward PE 14.86
PS Ratio 3.80
Forward PS 3.47
PB Ratio 7.12
P/TBV Ratio 7.75
P/FCF Ratio 50.92
P/OCF Ratio 10.46
PEG Ratio 1.16
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 13.20, with an EV/FCF ratio of 66.44.

EV / Earnings 20.34
EV / Sales 4.95
EV / EBITDA 13.20
EV / EBIT 17.74
EV / FCF 66.44

Financial Position

The company has a current ratio of 0.20, with a Debt / Equity ratio of 2.17.

Current Ratio 0.20
Quick Ratio 0.09
Debt / Equity 2.17
Debt / EBITDA 3.08
Debt / FCF 15.89
Interest Coverage 5.21

Financial Efficiency

Return on equity (ROE) is 49.58% and return on invested capital (ROIC) is 16.04%.

Return on Equity (ROE) 49.58%
Return on Assets (ROA) 8.08%
Return on Invested Capital (ROIC) 16.04%
Return on Capital Employed (ROCE) 16.60%
Weighted Average Cost of Capital (WACC) 11.74%
Revenue Per Employee $170,259
Profits Per Employee $41,472
Employee Count108,000
Asset Turnover 0.46
Inventory Turnover 34.25

Taxes

In the past 12 months, RCL has paid $92.00 million in taxes.

Income Tax 92.00M
Effective Tax Rate 2.00%

Stock Price Statistics

The stock price has increased by +3.55% in the last 52 weeks. The beta is 1.78, so RCL's price volatility has been higher than the market average.

Beta (5Y) 1.78
52-Week Price Change +3.55%
50-Day Moving Average 271.95
200-Day Moving Average 295.70
Relative Strength Index (RSI) 45.00
Average Volume (20 Days) 2,611,288

Short Selling Information

The latest short interest is 12.28 million, so 4.58% of the outstanding shares have been sold short.

Short Interest 12.28M
Short Previous Month 12.32M
Short % of Shares Out 4.58%
Short % of Float 4.83%
Short Ratio (days to cover) 4.69

Income Statement

In the last 12 months, RCL had revenue of $18.39 billion and earned $4.48 billion in profits. Earnings per share was $16.43.

Revenue18.39B
Gross Profit 9.36B
Operating Income 5.14B
Pretax Income 4.60B
Net Income 4.48B
EBITDA 6.90B
EBIT 5.14B
Earnings Per Share (EPS) $16.43
Full Income Statement

Balance Sheet

The company has $512.00 million in cash and $21.79 billion in debt, with a net cash position of -$21.28 billion or -$79.35 per share.

Cash & Cash Equivalents 512.00M
Total Debt 21.79B
Net Cash -21.28B
Net Cash Per Share -$79.35
Equity (Book Value) 10.03B
Book Value Per Share 36.58
Working Capital -8.86B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $6.67 billion and capital expenditures -$5.30 billion, giving a free cash flow of $1.37 billion.

Operating Cash Flow 6.67B
Capital Expenditures -5.30B
Depreciation & Amortization 1.77B
Net Borrowing 1.60B
Free Cash Flow 1.37B
FCF Per Share $5.11
Full Cash Flow Statement

Margins

Gross margin is 50.91%, with operating and profit margins of 27.93% and 24.36%.

Gross Margin 50.91%
Operating Margin 27.93%
Pretax Margin 24.99%
Profit Margin 24.36%
EBITDA Margin 37.54%
EBIT Margin 27.93%
FCF Margin 7.46%

Dividends & Yields

This stock pays an annual dividend of $6.00, which amounts to a dividend yield of 2.31%.

Dividend Per Share $6.00
Dividend Yield 2.31%
Dividend Growth (YoY) 104.08%
Years of Dividend Growth 2
Payout Ratio 30.43%
Buyback Yield 1.80%
Shareholder Yield 4.11%
Earnings Yield 6.42%
FCF Yield 1.96%
Dividend Details

Analyst Forecast

The average price target for RCL is $351.00, which is 34.85% higher than the current price. The consensus rating is "Buy".

Price Target $351.00
Price Target Difference 34.85%
Analyst Consensus Buy
Analyst Count 17
Revenue Growth Forecast (5Y) 7.93%
EPS Growth Forecast (5Y) 13.88%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number
Graham Upside

Stock Splits

The last stock split was on August 3, 1998. It was a forward split with a ratio of 2:1.

Last Split Date Aug 3, 1998
Split Type Forward
Split Ratio 2:1

Scores

RCL has an Altman Z-Score of 2.27 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.27
Piotroski F-Score 7