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ROYAL CARIBBEAN CRUISES LTD

RCL

Companies in Water Transportation

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Financial Statements

Values in Millions ($)
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
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Assets
Assets Current
Cash And Cash Equivalents At Carrying Value
512825432735386388418391437497600726
Receivables Net Current
479317356431427371441412455405360375
Inventory Net
271264269247256265265242236248242216
Prepaid Expense And Other Assets Current
719690652785723670667790690617509605
Derivative Assets Current
2231151782523611405152257047
Assets Current
2,2042,2111,8872,4501,8281,7051,8311,8861,8701,7921,7811,969
Property Plant And Equipment And Finance Lease Rig…
35,88435,69634,62032,35131,90431,83131,70631,75930,02530,11427,85527,936
Operating Lease Right Of Use Asset
611620628656661677649589599611530552
Goodwill
808808808808808808809809809809809809
Other Assets Noncurrent
2,4832,2842,1662,2772,2512,0492,0721,9311,8871,8051,7941,658
Assets
41,99041,61940,10938,54237,45237,07037,06736,97435,19035,13132,76932,923
Liabilities And Stockhold…
Liabilities Current
Long Term Debt And Capital Lease Obligations Curre…
1,4483,1803,0741,4021,3961,6031,8681,3321,6431,7202,0441,713
Operating Lease Liability Current
799085847574686463658182
Accounts Payable Current
1,010953828959956919851821876792715692
Accrued Liabilities Current
1,9682,0261,8471,7011,5041,6351,4761,4101,2361,4781,2111,392
Derivative Liability Fair Value Gross Liability In…
----------158112
Derivative Liabilities Current
12673148359044224735--
Contract With Customer Liability Current
6,5485,7395,6046,3796,3345,4965,3246,2456,0405,3115,0325,676
Liabilities Current
11,06512,05511,46910,57310,3009,8179,6319,8949,9059,4019,2429,667
Long Term Debt And Capital Lease Obligations
19,66618,16517,20317,61217,99318,47318,97219,78518,87619,73217,92518,686
Operating Lease Liability Noncurrent
599600613639655670648591603613517538
Other Liabilities Noncurrent
632554536358362375592522481486489492
Liabilities
31,96231,37429,82129,18229,31029,33529,84330,79229,86530,23228,17229,382
Stockholders Equity
Preferred Stock Value
000000000000
Common Stock Value
333333333333
Additional Paid In Capital Common Stock
7,8677,9647,9217,8747,8467,8317,6697,5367,4967,4747,4227,407
Retained Earnings Accumulated Deficit
6,4605,9255,4434,1443,1392,6122,2071,204350-10-288-1,297
Accumulated Other Comprehensive Income Loss Net Of…
-385-604-528-519-695-802-753-654-617-674-645-680
Treasury Stock Common Value
-4,135-3,251-2,747-2,333-2,333-2,081-2,081-2,081-2,081-2,069-2,069-2,069
Stockholders Equity
10,02810,03710,0929,1697,9607,5637,2246,1825,3254,7244,4233,542
Minority Interest
218208196191182172179174174175173177
Liabilities And Stockholders Equity
41,99041,61940,10938,54237,45237,07037,06736,97435,19035,13132,76932,923
Allowance For Doubtful Accounts Receivable
------8897810
Preferred Stock Par Or Stated Value Per Share
0.010.010.010.010.010.010.010.010.010.010.010.01
Preferred Stock Shares Authorized
202020202020202020202020
Preferred Stock Shares Outstanding
000000000000
Common Stock Par Or Stated Value Per Share
0.010.010.010.010.010.010.010.010.010.010.010.01
Common Stock Shares Authorized
500500500500500500500500500500500500
Common Stock Shares Issued
304303303301301297297286286285284284
Treasury Stock Common Shares
363331303028282828282828

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Earnings Market Reaction

Fiscal Year
Q1 1 Month
Q1 2 Month
Q1 3 Month
Q2 1 Month
Q2 2 Month
Q2 3 Month
Q3 1 Month
Q3 2 Month
Q3 3 Month
Q4 1 Month
Q4 2 Month
Q4 3 Month
2026-2.90%19.10%9.36%---------
202510.87%26.12%62.11%3.08%-1.73%-9.91%-9.85%0.22%-5.46%-16.24%-17.59%-20.01%
20243.24%8.02%21.04%3.80%10.49%29.03%14.94%13.48%15.36%-18.38%-32.13%-12.29%
20239.91%36.23%42.43%-9.56%-11.18%-21.49%27.34%47.83%46.25%12.20%11.11%22.75%

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Performance and Valuation Metrics

Metrics
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
2023-06-30
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Liquidity Ratios
Current Ratio
0.20
0.18
0.16
0.23
0.18
0.17
0.19
0.19
0.19
0.19
0.19
0.20
Quick Ratio
0.11
0.10
0.08
0.13
0.08
0.08
0.09
0.09
0.10
0.10
0.11
0.12
Working Capital
-8.86B
-9.84B
-9.58B
-8.12B
-8.47B
-8.11B
-7.80B
-8.01B
-8.04B
-7.61B
-7.46B
-7.70B
Leverage & Debt
Debt to Equity
3.19
3.06
2.95
3.18
3.68
3.79
4.13
4.98
5.61
6.17
6.37
8.30
Interest Coverage TTM
5.02
4.95
4.65
3.37
3.04
2.58
2.43
2.62
2.29
2.05
1.56
0.90
Debt Ratio
0.76
0.75
0.74
0.76
0.78
0.79
0.81
0.83
0.85
0.86
0.86
0.89
Efficiency & Turnover
Asset Turnover TTM
0.46
0.46
0.45
0.46
0.46
0.46
0.46
0.44
0.43
0.40
0.40
0.36
Days Sales Outstanding TTM
8.99
7.00
8.34
8.95
9.61
8.59
9.11
9.37
10.33
12.29
12.39
14.29
Receivables Turnover TTM
40.59
52.14
43.75
40.77
37.99
42.48
40.08
38.94
35.35
29.70
29.45
25.53
Per Share Metrics
Diluted EPS TTM
16.53
-
14.90
13.16
11.82
-
9.89
8.93
7.51
-
3.26
-0.20
Free Cash Flow Per Share TTM
5.08
4.08
7.48
13.19
7.84
6.72
-1.41
-2.16
2.37
2.04
9.54
7.00
Dividend Per Share TTM
3.50
2.72
2.42
1.67
0.95
0.36
0.00
0.00
0.00
0.00
0.00
0.00
Margin Metrics
Gross Profit Margin TTM
49.69%
49.36%
48.99%
48.75%
48.22%
47.51%
47.13%
46.28%
45.48%
44.06%
41.77%
37.54%
Operating Profit Margin TTM
27.88%
27.38%
26.38%
26.37%
25.67%
24.91%
25.24%
24.03%
22.76%
20.71%
17.62%
11.29%
Net Profit Margin TTM
24.36%
23.80%
23.41%
21.06%
19.47%
17.57%
16.26%
16.36%
14.31%
12.21%
6.98%
-0.47%
Growth Metrics
Net Revenue Growth (1Y)
9.75%
8.80%
8.60%
12.09%
13.65%
18.59%
21.88%
27.68%
38.20%
57.24%
82.47%
156.38%
Net Income Growth (1Y)
37.31%
47.38%
56.40%
44.26%
54.67%
70.65%
183.77%
-4,556.61%
-303.40%
-178.71%
-130.53%
-98.74%
EPS Growth (1Y)
36.80%
44.61%
51.22%
36.30%
47.77%
63.37%
176.22%
-4,539.27%
-301.82%
-178.32%
-130.42%
-98.75%
Valuation Metrics
P/E TTM
16.50
19.60
21.26
23.15
16.61
23.14
17.42
15.89
16.47
21.12
24.94
-458.93
P/B TTM
7.37
8.16
8.60
9.13
6.81
8.66
6.29
6.45
6.52
7.32
5.19
7.29
P/S TTM
4.02
4.66
4.98
4.87
3.23
4.07
2.83
2.60
2.36
2.58
1.74
2.15
Market Cap
73.92B
83.65B
86.80B
83.74B
54.18B
67.02B
45.47B
39.85B
34.74B
35.85B
22.94B
25.83B
Enterprise Value
94.52B
104.17B
106.64B
102.02B
73.18B
86.71B
65.89B
60.57B
54.82B
56.80B
42.31B
45.50B
Calculated Values
Free Cash Flow TTM
1.37B
1.24B
2.04B
3.59B
2.11B
2.00B
-370.00M
-555.00M
608.00M
580.00M
2.44B
1.79B
Net Debt
20.60B
20.52B
19.85B
18.28B
19.00B
19.69B
20.42B
20.73B
20.08B
20.96B
19.37B
19.67B
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
Valuation Ratios
P/CF TTM
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2026-02-27Sale
Owner: Wilhelmsen, Arne Alexande…
Title: -
Shares: 245,476
Price/Share: $312.48
Value: $76,706,340.48
Shares Owned: 16,435,910
Relationship: Director
Ownership: Indirect
2026-02-24Sale
Owner: Wilhelmsen, Arne Alexande…
Title: -
Shares: 345,111
Price/Share: $314.46
Value: $108,523,605.06
Shares Owned: 17,207,517
Relationship: Director
Ownership: Indirect
2026-02-19Sale
Owner: Wilhelmsen, Arne Alexande…
Title: -
Shares: 101,902
Price/Share: $314.37
Value: $32,034,931.74
Shares Owned: 17,681,065
Relationship: Director
Ownership: Indirect
2026-02-17Sale
Owner: Montiel, Maritza Gomez
Title: -
Shares: 1,385
Price/Share: $327.18
Value: $453,144.30
Shares Owned: 12,849
Relationship: Director
Ownership: Direct
2026-02-17Sale
Owner: Wilhelmsen, Arne Alexande…
Title: -
Shares: 180,000
Price/Share: $326.09
Value: $58,696,200.00
Shares Owned: 17,887,507
Relationship: Director
Ownership: Indirect

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Institutional Ownership

No data available for chart
2026-03-31
79.83%
Inst. Shares: 215,547,701
Shares Outstanding: 270,000,000
2025-12-31
80.80%
Inst. Shares: 218,162,799
Shares Outstanding: 270,000,000
2025-09-30
78.55%
Inst. Shares: 213,661,458
Shares Outstanding: 272,000,000
2025-06-30
81.23%
Inst. Shares: 220,932,327
Shares Outstanding: 272,000,000
2025-03-31
77.40%
Inst. Shares: 208,216,145
Shares Outstanding: 269,000,000

ROYAL CARIBBEAN CRUISES LTD (RCL) — SEC Financial Statements & Analysis

ROYAL CARIBBEAN CRUISES LTD (RCL) is a water transportation company. ROYAL CARIBBEAN CRUISES LTD trades on RCL: NYSE as: RCL. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), ROYAL CARIBBEAN CRUISES LTD reported a 9.75% year-over-year revenue growth, a Gross Profit Margin of 49.69% (TTM), a Debt-to-Equity ratio of 3.19x, a Price-to-Sales (P/S) ratio of 4.02x (TTM), a Price-to-Book (P/B) ratio of 7.37 (TTM), at a market cap of $73.92B. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y
9.75%
Gross Profit Margin TTM
49.69%
Debt To Equity
3.19x
P/S TTM
4.02x
P/B TTM
7.37
Market Cap
$73.92B

Data as of 2026-03-31 · Source: SEC EDGAR

Frequently Asked Questions

What industry is ROYAL CARIBBEAN CRUISES LTD in?

ROYAL CARIBBEAN CRUISES LTD (RCL) operates in the Water Transportation industry.

What is RCL's market cap?

ROYAL CARIBBEAN CRUISES LTD (RCL) has a market capitalization of $73.92B as of 2026-03-31.

What is RCL's P/E ratio?

ROYAL CARIBBEAN CRUISES LTD (RCL)'s trailing twelve month P/E ratio is 16.50x as of 2026-03-31.

What exchange does RCL trade on?

ROYAL CARIBBEAN CRUISES LTD (RCL) trades on the RCL: NYSE.

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ROYAL CARIBBEAN CRUISES LTD (RCL) financial data sourced directly from SEC EDGAR filings — including the latest 10-K annual report, 10-Q quarterly filings, insider transactions (SEC Form 4), institutional ownership (SEC Form 13F), Earning Marker Reaction Heat Map and 50+ calculated financial metrics like Price to Earnings Ratio (P/E), Return on Equity (ROE), Debt to Equity (D/E), Free Cash Flow Per Share (FCF/S), and Return on Invested Capital (ROIC). Unlike platforms that rely on third-party data aggregators, GeminIQ parses raw SEC filings directly — delivering institutional-grade accuracy at a fraction of the cost of Bloomberg Terminal or S&P Capital IQ.