NYSE · Travel Services

Royal Caribbean Cruises Ltd. (RCL) Stock

$276.48 -3.37% NYSE: RCL Consumer Cyclical

Valuation

MetricValue
Price$276.48
Market Cap$73.95B
P/E Ratio14.92
P/B Ratio6.38
P/S Ratio3.48
EPS (TTM)$15.61
52-Week High$356.39
52-Week Low$222.22
Dividend Yield2.47%

Financials & Margins

MetricValue
ROE43.83%
ROA9.86%
ROCE15.47%
Gross Margin47.23%
Operating Margin27.88%
Net Margin23.56%
Debt/Equity2.30
Current Ratio0.18

Annual Financials (USD)

Metric20212022202320242025
Revenue$1.5B$8.8B$13.9B$16.5B$17.9B
Operating Profit$-3.9B$-766.0M$2.9B$4.1B$4.9B
Net Profit$-5.3B$-2.2B$1.7B$2.9B$4.3B
EPS$-20.89$-8.45$6.31$10.94$15.61
Op Margin-252.6%-8.7%20.7%24.9%27.4%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$32.3B$33.8B$35.1B$37.1B$41.6B
Total Liabilities$27.2B$30.9B$30.2B$29.3B$31.4B
Cash$2.7B$1.9B$497.0M$388.0M$825.0M
Borrowings$21.7B$24.0B$22.1B$20.8B$22.6B

Latest News

Royal Caribbean, Norwegian Cruise Line to See Lower Net Yields in H2 Due to Iran Conflict, Morgan Stanley Says MT Newswires · Jul 15, 2026 Investors Heavily Search Royal Caribbean Cruises Ltd. (RCL): Here is What You Need to Know Zacks · Jul 15, 2026 3 Cash-Producing Stocks with Warning Signs StockStory · Jul 15, 2026 Here's What to Expect From Royal Caribbean Cruises’ Next Earnings Report Barchart · Jul 14, 2026 Is Carnival's Alaska Business Emerging as a Key Growth Driver? Zacks · Jul 13, 2026

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$-1.9B$481.0M$4.5B$5.3B$6.5B
Investing Cash Flow$-4.4B$-5.7B$-7.8B$-6.7B$-10.2B
Financing Cash Flow$-202.0M$-268.0M$12.0M$-57.0M$-1.8B
Net Cash Flow$-982.0M$-767.0M$-1.4B$-109.0M$437.0M
Free Cash Flow$-4.1B$-2.2B$580.0M$2.0B$1.2B

Valuation & Return Ratios

MetricValue
PEG Ratio0.70
EV / EBITDA12.16
FCF Yield-0.64%
Quick Ratio0.19
Interest Coverage4.96
Return 1Y-3.06%
Return 3Y271.96%
Return 5Y255.56%

Ownership

Insiders Held1.82%
Institutions Held90.40%
Institutions Float Held92.07%
Institutional HolderSharesReport Date
Capital Research Global Investors28,255,7012026-03-31
Capital International Investors25,051,3972026-03-31
Blackrock Inc.22,052,3892026-03-31
Capital World Investors20,062,2712026-03-31
Vanguard Capital Management LLC16,082,8692026-03-31

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
CCLCarnival Corporation Ltd. $26.11 -3.58% 9.63 $35.11B 2.70%
LINDLindblad Expeditions Holdings Inc. $34.24 -2.87% -95.07 $2.25B 0.00%
NCLHNorwegian Cruise Line Holdings Ltd. $15.10 -2.83% 8.75 $6.93B 0.00%
VIKViking Holdings Ltd $82.24 -3.25% 26.59 $36.73B 0.00%

About Royal Caribbean Cruises Ltd.

Royal Caribbean Cruises Ltd. is led by CEO Jason T. Liberty, employs 105,950 people, headquartered in Miami, US, publicly traded since 1993.

Royal Caribbean Cruises Ltd. (RCL) stock trades at $276.48 with a market capitalization of $73.95B. The stock is valued at a price-to-earnings (P/E) ratio of 14.92, price-to-book of 6.38, price-to-sales of 3.48. Over the past 52 weeks the stock has ranged between $222.22 and $356.39, and currently trades 22.4% below its 52-week high. It pays a dividend yielding 2.47%.

On profitability, Royal Caribbean Cruises Ltd. generates a return on equity (ROE) of 43.83%, above the typical market range of roughly 12-15%, return on capital employed of 15.47%, an operating margin of 27.88%, a net profit margin of 23.56%.

In its most recent fiscal year, Royal Caribbean Cruises Ltd. reported annual revenue of $17.9B, net profit of $4.3B. Revenue grew at an average annual rate of 52.0% over the last 5 fiscal years.

The balance sheet shows a debt-to-equity ratio of 2.30 (debt more than twice shareholders' equity), a current ratio of 0.18, total assets of $41.6B, $825.0M in cash and equivalents.

RCL has an average daily trading volume of 2,408,778 shares, a beta of 1.75 (historically more volatile than the overall market).

Royal Caribbean Cruises Ltd. by the numbers, 2016–2025

Between 2016 and 2025 Royal Caribbean Cruises Ltd. reported revenue of $8.5B rising to $17.9B, a change of +111.1% across 10 years. Compounded, revenue has grown 52.0% a year over five years, 26.6% over three, 8.8% over the last twelve months. Net profit rose to $4.3B.

Operating margin went from 17.4% in 2016 to 27.4% in 2025, a gain of 10.0 percentage points. The most recent net margin is 23.56%. On a trailing twelve-month basis to Jun '26, revenue is $18.7B and net profit $4.4B.

Borrowings rose from $9.4B to $22.6B, cash from operations was $6.5B in the latest year, positive in 8 of the last 10.

Return on equity has averaged -12.4% over five years, and was 42.6% in the most recent year.

The share price itself has compounded at 30.4% a year over five years, 50.6% over three, 21.6% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Royal Caribbean Cruises Ltd. (RCL) — frequently asked questions

What is Royal Caribbean Cruises Ltd. (RCL) stock price today?

Royal Caribbean Cruises Ltd. (RCL) is currently trading at $276.48, down 3.37% today.

What is RCL P/E ratio?

Royal Caribbean Cruises Ltd.'s P/E ratio is 14.92. This is below the typical market average of roughly 18-22x. A low P/E can reflect a lower valuation, slower expected growth, or both.

What is RCL return on equity (ROE)?

Royal Caribbean Cruises Ltd.'s return on equity (ROE) is 43.83%. ROE measures net income relative to shareholders' equity. This is above the typical market range of roughly 12-15%.

What is Royal Caribbean Cruises Ltd.'s market cap?

Royal Caribbean Cruises Ltd. has a market capitalization of $73.95B.

Does RCL pay a dividend?

Yes. Royal Caribbean Cruises Ltd. currently yields 2.47%. Yield moves with the share price, so it changes daily even when the payment does not.

How much debt does RCL carry?

Royal Caribbean Cruises Ltd. has a debt-to-equity ratio of 2.30. That compares total borrowings with shareholders' equity: a figure under 1 means equity exceeds debt.

What is RCL's profit margin?

Royal Caribbean Cruises Ltd. reports a net profit margin of 23.56% — the share of revenue left after every cost, including tax and interest.

What sector is RCL in?

Royal Caribbean Cruises Ltd. is classified under Consumer Cyclical, in the Travel Services industry. Ratios are most informative compared with other companies in the same industry rather than across the whole market.

Which exchange is RCL listed on?

Royal Caribbean Cruises Ltd. trades on NYSE under the ticker RCL.

What is RCL's 52-week range?

Over the last year Royal Caribbean Cruises Ltd. has traded between $222.22 and $356.39.

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Screens RCL currently matches

On the figures above, Royal Caribbean Cruises Ltd. passes the filters for 22 of our ready-made screens, among them Undervalued Large Cap Stocks, Dividend Stocks, Blue Chip Dividend Stocks. Appearing on a screen means the numbers meet its filters today and nothing more; the list is rebuilt whenever the data changes.

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