ROYAL CARIBBEAN CRUISES LTD
RCLNYSE · SIC 4400
$286.96
↓ -2.4%Jul 17 close · end-of-day
Price
1Y↓ -14.0%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$77.8B
Enterprise Value
$98.4B
P/E
17.5
P/S
4.2
P/B
7.9
EV/EBITDA
14.3
PEG
—
FCF Yield
1.8%
Dividend Yield
1.5%
Revenue (TTM)
$18.4B
Net Income (TTM)
$4.5B
Free Cash Flow (TTM)
$1.4B
Gross Margin
—
Operating Margin
27.9%
Net Margin
24.4%
ROE
45.7%
ROIC
13.3%
Debt / Equity
2.2
Net Cash
-$20.6B
Return 1Y
-16.3%
Company profile
Royal Caribbean Cruises Ltd. operates under the Royal Caribbean International, Celebrity Cruises, Azamara, and Silversea Cruises brands. The company was founded in 1968 and is headquartered in Miami, Florida.
- CEO
- Jason T. Liberty
- Sector
- Transportation, Communications, Electric, Gas, And Sanitary Services
- Industry
- Transportation
- Employees
- 102,500
- Headquarters
- Florida
- Website
- rclinvestor.com
Management & directors
- Bethge Laura HPresident, Celebrity Cruises
- Bayley Michael WPres&CEO, Royal Caribbean Intl
- Holtz NaftaliChief Financial Officer
- Liberty Jason TPresident & CEO
- Pujol Henry LChief Accounting Officer
- Kulovaara Harri UEVP, Maritime
- Lake Robert AlexanderSVP, CLO, Secretary & CCO
Roles derived from SEC Form 4 filings.
Earnings
Next earnings · estimated2026-07-30
RCL Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$4.5B↑ +11.3%
Diluted EPS$3.48↑ +28.9%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $2.2B | $1.5B | $8.8B | $13.9B | $16.5B | $17.9B |
| Gross profit | — | — | — | — | — | — |
| Operating income | -$4.6B | -$3.9B | -$766.0M | $2.9B | $4.1B | $4.9B |
| Net income | -$5.8B | -$5.3B | -$2.2B | $1.7B | $2.9B | $4.3B |
| Diluted EPS | -$27.05 | -$20.89 | -$8.45 | $6.31 | $10.94 | $15.61 |
| Operating cash flow | -$3.7B | -$1.9B | $481.0M | $4.5B | $5.3B | $6.5B |
| Free cash flow | -$5.7B | -$4.1B | -$2.2B | $580.0M | $2.0B | $1.2B |
| Gross margin | — | — | — | — | — | — |
| Operating margin | -208.3% | -252.6% | -8.7% | 20.7% | 24.9% | 27.4% |
| Net margin | -262.5% | -343.4% | -24.4% | 12.2% | 17.5% | 23.8% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.1B | $4.9B | $3.8B | $4.0B | $4.5B | $5.1B | $4.3B | $4.5B |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $1.1B | $1.6B | $623.0M | $945.0M | $1.3B | $1.7B | $934.0M | $1.2B |
| Net income | $854.0M | $1.1B | $552.0M | $730.0M | $1.2B | $1.6B | $753.0M | $941.0M |
| Diluted EPS | $3.11 | $4.21 | $2.27 | $2.70 | $4.41 | $5.74 | $2.76 | $3.48 |
| Operating cash flow | $1.6B | $897.0M | $1.5B | $1.6B | $1.7B | $1.5B | $1.6B | $1.8B |
| Free cash flow | -$567.0M | $563.0M | $915.0M | $1.2B | $910.0M | -$989.0M | $116.0M | $1.3B |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 26.7% | 33.4% | 16.6% | 23.6% | 29.3% | 33.1% | 21.9% | 26.1% |
| Net margin | 20.8% | 22.7% | 14.7% | 18.3% | 26.7% | 30.6% | 17.7% | 21.1% |
Company news
Jul 17, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-01 | BETHGE LAURA H· President, Celebrity Cruises | Tax withholding | 267 | $284.23 | $75,888.08 | filing |
| 2026-05-28 | McPherson Amy | Tax withholding | 408 | $276.62 | $112,858.92 | filing |
| 2026-05-28 | Wiernicki Christopher J | Tax withholding | 93 | $276.62 | $25,725.20 | filing |
| 2026-05-28 | Howe Stephen R. Jr. | Tax withholding | 78 | $276.62 | $21,575.97 | filing |
| 2026-05-28 | Thompson Donald | Tax withholding | 78 | $276.62 | $21,575.97 | filing |
| 2026-05-28 | MOORE ANN S | Tax withholding | 78 | $276.62 | $21,575.97 | filing |
| 2026-05-28 | Brock John | Tax withholding | 78 | $276.62 | $21,575.97 | filing |
| 2026-05-28 | Montiel Maritza Gomez | Tax withholding | 78 | $276.62 | $21,575.97 | filing |
| 2026-05-28 | LEAVITT MICHAEL O | Tax withholding | 78 | $276.62 | $21,575.97 | filing |
| 2026-05-28 | Yeung Rebecca | Tax withholding | 78 | $276.62 | $21,575.97 | filing |
| 2026-05-28 | Brock John | Award | 831 | $0.00 | $0.00 | filing |
| 2026-05-28 | McPherson Amy | Award | 831 | $0.00 | $0.00 | filing |
| 2026-05-28 | Wilhelmsen Arne Alexander | Award | 831 | $0.00 | $0.00 | filing |
| 2026-05-28 | Wiernicki Christopher J | Award | 831 | $0.00 | $0.00 | filing |
| 2026-05-28 | Thompson Donald | Award | 831 | $0.00 | $0.00 | filing |
| 2026-05-28 | Sorensen Vagn O | Award | 831 | $0.00 | $0.00 | filing |
| 2026-05-28 | Ofer Eyal | Award | 831 | $0.00 | $0.00 | filing |
| 2026-05-28 | Montiel Maritza Gomez | Award | 831 | $0.00 | $0.00 | filing |
| 2026-05-28 | LEAVITT MICHAEL O | Award | 831 | $0.00 | $0.00 | filing |
| 2026-05-28 | Howe Stephen R. Jr. | Award | 831 | $0.00 | $0.00 | filing |
| 2026-05-28 | Fain Richard D | Award | 831 | $0.00 | $0.00 | filing |
| 2026-03-01 | Wiernicki Christopher J | Award | 444 | $0.00 | $0.00 | filing |
| 2026-02-27 | Wilhelmsen Arne Alexander | Sale | 152,515 | $310.78 | $47.4M | filing |
| 2026-02-27 | Wilhelmsen Arne Alexander | Sale | 31,560 | $312.53 | $9.9M | filing |
| 2026-02-27 | Wilhelmsen Arne Alexander | Sale | 25,910 | $313.48 | $8.1M | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.