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    R

    Royal Caribbean Cruises Ltd (RCL)

    Official site

    CONSUMER CYCLICAL • TRAVEL SERVICES • NYSE

    $280.14
    +5.83 (+2.13%)

    Market Cap: $73.36B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    77%(30/39)
    Avg Surprise
    +2.25%
    Streak
    17 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$6.37
    Range$6.26 - $6.84
    23 analysts
    EPS Revisions
    2
    0
    7d
    2
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$6.33+0.6%
    60d ago$6.32+0.8%
    30d ago$6.32+0.8%
    7d ago$6.36+0.2%
    Current$6.37
    Revenue Consensus
    $5.6B
    Range$5.5B - $5.7B
    22 analysts
    Period ending Dec 31, 2026
    EPS Consensus$4.29
    Range$4.08 - $5.39
    28 analysts
    Revenue Consensus
    $4.7B
    Range$4.6B - $5.1B
    26 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$4.29---
    Sep 26EST
    		-$6.37---
    Jun 26
    Reported Jul 28
    		$4.21$3.97+6.05%Beat-3.9%
    Mar 26
    Reported Apr 30
    		$3.60$3.20+12.50%Beat+32.8%
    Dec 25
    Reported Jan 29
    		$2.80$2.80+0.00%Beat+71.8%
    Sep 25
    Reported Oct 28
    		$5.75$5.68+1.23%Beat+10.6%
    Jun 25
    Reported Jul 29
    		$4.38$4.08+7.35%Beat+36.4%
    Mar 25
    Reported Apr 29
    		$2.71$2.53+7.02%Beat+53.1%
    Dec 24
    Reported Jan 28
    		$1.63$1.50+8.67%Beat+30.4%
    Sep 24
    Reported Oct 29
    		$5.20$5.03+3.38%Beat+35.1%
    Jun 24
    Reported Jul 25
    		$3.21$2.75+16.73%Beat+76.4%
    Mar 24
    Reported Apr 25
    		$1.77$1.31+35.11%Beat+869.6%
    Dec 23
    Reported Feb 1
    		$1.25$1.13+10.62%Beat+211.6%
    Sep 23
    Reported Oct 26
    		$3.85$3.39+13.57%Beat+1380.8%
    Jun 23
    Reported Jul 27
    		$1.82$1.58+15.19%Beat+187.5%
    Mar 23
    Reported May 4
    		$-0.23N/A+66.67%Beat+95.0%
    Dec 22
    Reported Feb 7
    		$-1.12$-1.34+16.42%Beat+76.6%
    Sep 22
    Reported Nov 3
    		$0.26$0.17+52.94%Beat+105.3%
    Jun 22
    Reported Jul 28
    		$-2.08$-2.30+9.57%Beat+58.9%
    Mar 22
    Reported May 5
    		$-4.57$-4.48-2.01%Miss-2.9%
    Dec 21
    Reported Feb 4
    		$-4.78$-3.92-21.94%Miss+4.8%
    Sep 21
    Reported Oct 29
    		$-4.91$-4.21-16.63%Miss+12.6%
    Jun 21
    Reported Aug 4
    		$-5.06$-4.38-15.53%Miss+17.5%
    Mar 21
    Reported Apr 29
    		$-4.44$-4.61+3.69%Beat-200.0%
    Dec 20
    Reported Feb 22
    		$-5.02$-5.20+3.46%Beat-453.5%
    Sep 20
    Reported Oct 29
    		$-5.62$-4.95-13.54%Miss-231.6%
    Jun 20
    Reported Aug 10
    		$-6.13$-4.55-34.73%Miss-341.3%
    Mar 20
    Reported May 20
    		$-1.48$-0.55-169.09%Miss-213.0%
    Dec 19
    Reported Feb 4
    		$1.42$1.43-0.70%Miss-7.2%
    Sep 19
    Reported Oct 30
    		$4.27$4.32-1.16%Miss+7.3%
    Jun 19
    Reported Jul 25
    		$2.54$2.43+4.53%Beat+11.9%
    Mar 19
    Reported May 1
    		$1.31$1.11+18.02%Beat+20.2%
    Dec 18
    Reported Jan 30
    		$1.53$1.52+0.66%Beat+14.2%
    Sep 18
    Reported Oct 25
    		$3.98$3.96+0.51%Beat+14.0%
    Jun 18
    Reported Aug 2
    		$2.27$2.03+11.82%Beat+32.7%
    Mar 18
    Reported Apr 26
    		$1.09$0.97+12.37%Beat+10.1%
    Dec 17
    Reported Jan 24
    		$1.34$1.20+11.67%Beat+8.9%
    Sep 17
    Reported Nov 7
    		$3.49$3.39+2.95%Beat-
    Jun 17
    Reported Aug 1
    		$1.71$1.67+2.40%Beat-
    Mar 17
    Reported Apr 28
    		$0.99$0.93+6.45%Beat-
    Dec 16
    Reported Jan 26
    		$1.23$1.21+1.65%Beat-

    Dividends

    Dividend Metrics

    Forward Yield2.14%
    Forward Annual Dividend$6.00
    Payout Ratio33.30%
    FrequencyQuarterly
    Pay MonthsJan, Apr, Jul, Oct
    RCL dividend history and ex-dividend datesRun RCL in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio17.12EV/EBITDA13.81x
    Price/FCF-180.47xFCF Yield-0.55%
    Profitability
    Profit Margin23.50%Operating Margin27.10%
    ROE44.70%ROIC12.30%
    Financial Health
    Debt/Equity2.23xInterest Coverage5.00x
    Current Ratio0.21xQuick Ratio0.19x
    Trading Statistics
    Beta1.82Avg Volume3.14M
    52-Week High$350.5952-Week Low$222.22

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$280.42
    SMA 20$264.31
    SMA 50$274.39
    SMA 200$284.59
    EMA 10$276.53
    EMA 20$271.67
    EMA 50$273.59
    EMA 200$280.31

    MACD

    Line: 4.21Signal: 1.76Hist: 2.45

    ADX

    ADX: 22.7+DI: 22.8-DI: 20.3

    Aroon & PSAR

    Aroon Up72.0
    Aroon Down36.0
    PSAR$263.55

    Bollinger Bands

    Upper Band$302.53
    Lower Band$226.09
    %B Position2892%(Upper)
    Band Width0.71

    RSI (14-Day)

    Neutral
    57.2

    Momentum Oscillators

    Stoch %K79.9
    Stoch %D83.2
    Williams %R-18.4
    ROC (10d)3.8%
    Momentum10.15
    CCI (20d)57.8
    MFI (14d)70.2

    Volatility Measures

    ATR (14d)$9.30(3.3%)
    StdDev (20d)19.11
    Hist Vol47.3%(High)

    Volume Flow

    VWAP$278.08
    OBV21.6M
    AD Line-350.8M
    CMF (20d)0.070

    Volume Metrics

    Avg Vol (20d)3.3M
    Vol Ratio0.5x(Low)
    VWMA (20d)$256.17

    Pivot Points

    R3$285.95
    R2$283.23
    R1$278.77
    Pivot Point$276.04
    S1$271.58
    S2$268.86
    S3$264.40

    Advanced Oscillators

    TSI11.81
    Ultimate Osc54.0
    KST49.55

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$4.83B$4.45B$4.26B$5.14B$4.54B$4.00B$3.76B$4.89B$4.11B$3.73B$3.33B$4.16B
    Cost of Revenue$2.55B$2.25B$2.24B$2.48B$2.28B$2.08B$2.05B$2.39B$2.15B$2.06B$1.89B$2.14B
    Gross Profit$2.29B$2.21B$2.02B$2.66B$2.25B$1.92B$1.71B$2.50B$1.96B$1.67B$1.44B$2.02B
    Operating Expenses$977.00M$1.04B$1.08B$957.00M$925.00M$974.00M$1.08B$861.00M$859.00M$922.00M$871.00M$758.00M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$513.00M$582.00M$631.00M$522.00M$508.00M$562.00M$673.00M$451.00M$466.00M$535.00M$503.00M$393.00M
    Operating Income$1.31B$1.16B$934.00M$1.70B$1.33B$945.00M$623.00M$1.63B$1.10B$750.00M$570.00M$1.26B
    Interest Income$72.00M$89.00M$108.00M$161.00M$119.00M$50.00M$60.00M$110.00M$60.00M$46.00M$55.00M$94.00M
    Interest Expense$236.00M$278.00M$267.00M$248.00M$228.00M$249.00M$265.00M$603.00M$298.00M$424.00M$347.00M$340.00M
    Income Before Tax$1.15B$976.00M$845.00M$1.58B$1.23B$751.00M$604.00M$1.11B$858.00M$364.00M$285.00M$1.01B
    Income Tax Expense$14.00M$26.00M$0$0$17.00M$16.00M$0$0$0$0$0$0
    Net Income$1.14B$950.00M$762.00M$1.58B$1.21B$736.00M$559.00M$1.11B$858.00M$364.00M$278.00M$1.01B
    EBITDA$1.74B$1.68B$1.48B$2.13B$1.78B$1.39B$1.24B$2.04B$1.51B$1.16B$969.00M$1.65B
    EBIT$1.31B$1.16B$1.00B$1.67B$1.34B$950.00M$809.00M$1.61B$1.10B$742.00M$576.00M$1.26B
    * Some calculated fields are derived from available data when not provided by source

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    News

    Royal Caribbean makes Europe a year-round play from 2028

    Royal Caribbean is launching its first year-round European cruise program starting in 2028-29, with Rhapsody of the Seas leading the winter season. The program will feature nine- to 12-night itineraries visiting...

    Travel Weekly Asia•10/16/26•Bullish

    Can Royal Caribbean Cruises (RCL) Justify Its Price On Cash Flow?

    Royal Caribbean Cruises has seen significant share price growth over the past three years, prompting a review of whether its current valuation is supported by future cash flows...

    Simply Wall Street•10/16/26•Somewhat-Bullish

    NCLH Stock Price, Quote & News

    This article provides current stock information for Norwegian Cruise Line Holdings Ltd. (NCLH), including its trading price, market capitalization, P/E ratio...

    Syfe•10/15/26•Somewhat-Bullish

    Carnival Just Surged 17% in a Month: Take Profits, or Buy More?

    Carnival stock has surged 17% in the past month, outperforming rivals Royal Caribbean and Norwegian Cruise Line, driven by record 2027 bookings. This rally presents investors with a decision...

    24/7 Wall St.•10/15/26•Somewhat-Bullish

    Royal Caribbean Group reinforces its commitment to the MICE segment with cruises and private charters

    Royal Caribbean Group is strengthening its commitment to the Meetings, Incentives, Conferences, and Exhibitions (MICE) sector. The company offers cruises and private charters...

    Travel2Latam•10/15/26•Bullish

    RCL Valuation and Fair Value

    P/E
    17.1x
    Forward P/E
    11.4x
    EV/EBITDA
    13.8x
    P/FCF
    -180.5x
    PEG
    0.9x
    P/B
    7.3x
    See GNG's fair value

    RCL Profitability: Margins, ROIC and FCF

    Gross margin
    49.1%
    Operating margin
    27.1%
    Net margin
    23.5%
    ROIC
    12.3%
    ROE
    44.7%
    FCF margin
    -2.2%
    FCF yield
    -0.6%

    RCL Competitors

    CompanyTicker
    Hilton Worldwide Holdings IncHLT
    General Motors CompanyGM
    Ross Stores IncROST
    O’Reilly Automotive IncORLY
    DoorDash, Inc. Class A Common StockDASH
    Ferrari NVRACE
    MercadoLibre Inc.MELI
    Carvana CoCVNA

    Sector: Consumer Cyclical

    RCL Analyst Ratings

    Consensus
    Buy
    Analysts
    29
    Strong Buy
    4
    Buy
    18
    Hold
    7
    Sell
    0
    Strong Sell
    0

    RCL Bull Case vs Bear Case

    Bull case

    • RCL has a 23.5% net profit margin.
    • RCL beat EPS estimates in 87.5% of its last 8 reported quarters.
    • 75.9% of RCL's analyst ratings are Buy or Strong Buy.

    Bear case

    • RCL has a debt-to-equity ratio of 2.2x.

    RCL Earnings: Beat Rate and Next Report

    Beat rate
    7 of 8 quarters (87.5%)
    Average surprise
    5.8%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $6.37
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    2 up, 0 down

    RCL Dividend

    Forward yield
    2.1%
    Payout ratio
    33.3%
    Pay months
    Jan, Apr, Jul, Oct
    RCL dividend history

    Frequently Asked Questions About RCL

    What is RCL's current dividend yield?

    Royal Caribbean Cruises Ltd (RCL) has a forward dividend yield of 2.14%.

    Does RCL pay dividends?

    Yes, Royal Caribbean Cruises Ltd pays dividends with a forward dividend yield of 2.14%.

    What is RCL's P/E ratio?

    Royal Caribbean Cruises Ltd has a price-to-earnings (P/E) ratio of 17.12.

    What is RCL's market cap?

    Royal Caribbean Cruises Ltd (RCL) has a market capitalization of $73.36B with a current stock price of $280.14.

    Related stocks

    Sector: Consumer Cyclical

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