Royal Caribbean Cruises (RCL) Stock Price

Royal Caribbean Cruises Price

🇺🇸NYSE·CLOSED
272.00USD
Market closed
Today +/-
Today %

Royal Caribbean Cruises (RCL) Stock | ISIN LR0008862868 | WKN 886286. The current Royal Caribbean Cruises stock price is 272 USD (2026). Revenue is 19.95 B USD. Net income is 4.9 B USD. The P/E ratio is 15.2. Market capitalization is 73.55 B USD. Royal Caribbean Cruises operates in the Cyclical consumption sector.

Royal Caribbean Cruises stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Royal Caribbean Cruises over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Royal Caribbean Cruises stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Royal Caribbean Cruises's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Royal Caribbean Cruises Stock Price History
DateRoyal Caribbean Cruises Price
Access this data via the Eulerpool API

Royal Caribbean Cruises Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2006
5.23 B USD
858.45 M USD
633.92 M USD
Jan 1, 2007
6.15 B USD
901 M USD
603 M USD
Jan 1, 2008
6.53 B USD
832 M USD
574 M USD
Jan 1, 2009
5.89 B USD
489 M USD
152 M USD
Jan 1, 2010
6.75 B USD
803 M USD
516 M USD
Jan 1, 2011
7.54 B USD
932 M USD
607 M USD
Jan 1, 2012
7.69 B USD
789 M USD
18 M USD
Jan 1, 2013
7.96 B USD
855 M USD
474 M USD
Jan 1, 2014
8.07 B USD
946.18 M USD
764.15 M USD
Jan 1, 2015
8.3 B USD
1.29 B USD
666 M USD
Jan 1, 2016
8.5 B USD
1.49 B USD
1.28 B USD
Jan 1, 2017
8.78 B USD
1.74 B USD
1.63 B USD
Jan 1, 2018
9.49 B USD
1.9 B USD
1.81 B USD
Jan 1, 2019
10.95 B USD
2.08 B USD
1.88 B USD
Jan 1, 2020
2.21 B USD
-3.04 B USD
-5.8 B USD

Royal Caribbean Cruises Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 10, 2026, 12:36 PM
 
REVENUE (M USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M USD)
NET INCOME (M USD)
NET INCOME GROWTH (%)
SHARES (M)
DOCUMENTS
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Royal Caribbean Cruises generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Royal Caribbean Cruises retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Royal Caribbean Cruises's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Royal Caribbean Cruises has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Royal Caribbean Cruises's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Royal Caribbean Cruises stock margins

The Royal Caribbean Cruises margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Royal Caribbean Cruises. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Royal Caribbean Cruises.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2006
37.86 %
16.42 %
12.12 %
Jan 1, 2007
35.24 %
14.65 %
9.81 %
Jan 1, 2008
32.59 %
12.74 %
8.79 %
Jan 1, 2009
30.88 %
8.3 %
2.58 %
Jan 1, 2010
33.97 %
11.89 %
7.64 %
Jan 1, 2011
34.43 %
12.37 %
8.05 %
Jan 1, 2012
32.92 %
10.26 %
0.23 %
Jan 1, 2013
33.35 %
10.74 %
5.95 %
Jan 1, 2014
34.28 %
11.72 %
9.46 %
Jan 1, 2015
38.56 %
15.5 %
8.03 %
Jan 1, 2016
40.97 %
17.49 %
15.11 %
Jan 1, 2017
44.21 %
19.87 %
18.51 %
Jan 1, 2018
44.58 %
19.96 %
19.08 %
Jan 1, 2019
45.59 %
19.02 %
17.16 %
Jan 1, 2020
-20.95 %
-137.41 %
-262.47 %

Royal Caribbean Cruises Stock Revenue, EBIT, Earnings per Share

The Royal Caribbean Cruises earnings per share therefore indicates how much revenue Royal Caribbean Cruises has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2006
23.61 USD
3.88 USD
2.86 USD
Jan 1, 2007
28.73 USD
4.21 USD
2.82 USD
Jan 1, 2008
30.53 USD
3.89 USD
2.68 USD
Jan 1, 2009
27.4 USD
2.27 USD
0.71 USD
Jan 1, 2010
30.98 USD
3.68 USD
2.37 USD
Jan 1, 2011
34.42 USD
4.26 USD
2.77 USD
Jan 1, 2012
35.11 USD
3.6 USD
0.08 USD
Jan 1, 2013
36.02 USD
3.87 USD
2.14 USD
Jan 1, 2014
36.2 USD
4.24 USD
3.43 USD
Jan 1, 2015
37.55 USD
5.82 USD
3.01 USD
Jan 1, 2016
39.28 USD
6.87 USD
5.93 USD
Jan 1, 2017
40.64 USD
8.07 USD
7.52 USD
Jan 1, 2018
44.78 USD
8.94 USD
8.54 USD
Jan 1, 2019
52.16 USD
9.92 USD
8.95 USD
Jan 1, 2020
10.31 USD
-14.16 USD
-27.05 USD

Royal Caribbean Cruises business model & stock analysis

Royal Caribbean Cruises Ltd. is one of the largest cruise companies in the world, founded in 1968. The company operates a wide range of brands including Royal Caribbean International, Celebrity Cruises, Azamara Club Cruises, Silversea Cruises, and others. Headquartered in Miami, Florida, Royal Caribbean offers cruises to over 300 destinations worldwide. Royal Caribbean ships are known for their size and innovation. Royal Caribbean International was the first cruise company to establish a theme park at sea and to build the largest and technologically advanced ships in the world. Royal Caribbean's business model is based on providing customers with an "incredible cruise experience". The company generates profits from cruise bookings, onboard purchases and spending, as well as the sale of shore excursions and other experiences. Royal Caribbean offers a wide range of cruise experiences for different needs and budgets. This includes luxury cruises with Silversea ships, family cruises with Royal Caribbean International, upscale cruises with Celebrity Cruises, and adventurous cruises with Azamara Club Cruises. The company also offers themed cruises such as music and cultural experiences. The different divisions of Royal Caribbean Cruises Ltd include: 1. Royal Caribbean International - offers cruises for families, couples, and singles with a focus on innovative activities and entertainment on board. The ships are known for their size, extensive onboard entertainment, and numerous options for children and adults. 2. Celebrity Cruises - offers a premium cruise experience with culinary experiences, a wide range of activities, and a focus on exploring fascinating ports. 3. Azamara Club Cruises - offers smaller ships that travel to exotic destinations and provide customized, fully integrated shore excursions and exciting adventures on board. 4. Silversea Cruises - offers an extremely luxurious cruise experience with elite service and first-class amenities. The company is known for its world cruises and special thematic focuses. Royal Caribbean Cruises Ltd. is also entrepreneurial and constantly invests in improving and renewing its ships and guest experiences. In recent times, the company has expanded its business through the acquisition of Silversea Cruises and the construction of mega-ships like Symphony of the Seas. Overall, Royal Caribbean Cruises Ltd. is an innovative cruise company focused on providing unforgettable experiences for its guests. With a variety of brands and offerings for different target groups, the company is well positioned to achieve future growth and success.

Royal Caribbean Cruises SWOT Analysis

Strengths

Royal Caribbean Cruises Ltd (RCCL) has several key strengths that contribute to its success in the cruise industry. These strengths include:

  • Strong brand reputation and recognition
  • Extensive fleet of modern, luxurious ships
  • Strong financial performance and steady revenue growth
  • Wide range of cruise destinations and itineraries
  • High level of customer satisfaction and loyalty
  • Well-established customer base and global reach
  • Solid relationships with travel agents and partners

Weaknesses

Despite its strengths, RCCL also faces certain weaknesses that challenge its competitive position in the market. These weaknesses include:

  • Dependency on discretionary consumer spending
  • Vulnerability to economic downturns and global crises
  • Reliance on third-party shipyards for ship construction and maintenance
  • Environmental concerns and regulatory compliance
  • Limited control over geopolitical factors impacting cruise destinations
  • Intense competition within the cruise industry

Opportunities

RCCL has several opportunities to explore and leverage, which can further strengthen its market position. These opportunities include:

  • Growing demand for cruise vacations among emerging markets
  • Innovations in onboard entertainment, amenities, and technology
  • Expansion into untapped cruise destinations and new itineraries
  • Partnerships with local tourism boards and travel agencies
  • Increasing focus on sustainable and eco-friendly practices in the industry
  • Growing trend towards experiential travel and unique cruise experiences
  • Strategic mergers and acquisitions to expand market share

Threats

In addition to its opportunities, RCCL also faces threats that could potentially impact its business and growth prospects. These threats include:

  • Economic instability and fluctuations in fuel prices
  • Changing consumer preferences and travel trends
  • Geopolitical tensions and security concerns in certain regions
  • Natural disasters and adverse weather conditions
  • Increase in global health crises impacting the travel industry
  • Stringent regulations and environmental restrictions
  • Competitive pressures from other cruise lines and vacation alternatives

Royal Caribbean Cruises Segments

Royal Caribbean Cruises Revenue by Segment (1/3)

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  • Max

Passenger ticket revenues
Onboard and other revenues
Details
Date
Passenger ticket revenues
Onboard and other revenues
Jan 1, 2018
6.79 B USD
2.7 B USD
Jan 1, 2019
7.86 B USD
3.09 B USD
Jan 1, 2020
1.5 B USD
704.24 M USD
Jan 1, 2021
941.18 M USD
590.96 M USD
Jan 1, 2022
5.79 B USD
3.05 B USD
Jan 1, 2025
12.52 B USD
5.42 B USD

Royal Caribbean Cruises Revenue by Segment (2/3)

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  • Max

Cruise itinerary
Port Costs
Other revenues
Details
Date
Cruise itinerary
Port Costs
Other revenues
Jan 1, 2018
5.4 B USD
0 USD
368.12 M USD
Jan 1, 2019
0 USD
666.8 M USD
0 USD
Jan 1, 2020
0 USD
125 M USD
0 USD
Jan 1, 2021
0 USD
104.8 M USD
0 USD
Jan 1, 2022
0 USD
638.8 M USD
0 USD
Jan 1, 2025
0 USD
1.3 B USD
0 USD

Royal Caribbean Cruises Revenue by Segment (3/3)

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  • 5 Years

  • Max

Cruise itinerary
Port Costs
Other revenues
Details
Date
Cruise itinerary
Port Costs
Other revenues
Jan 1, 2018
0 USD
611.4 M USD
0 USD
Jan 1, 2019
10.43 B USD
0 USD
518.45 M USD
Jan 1, 2020
2.01 B USD
0 USD
194.32 M USD
Jan 1, 2021
1.43 B USD
0 USD
105.76 M USD
Jan 1, 2022
8.38 B USD
0 USD
458.25 M USD
Jan 1, 2025
17.07 B USD
0 USD
864 M USD

Royal Caribbean Cruises Eulerpool Fair Value

Royal Caribbean Cruises historical P/E ratio, EBIT multiple, and P/S ratio

Royal Caribbean Cruises annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Royal Caribbean Cruises shares outstanding

The number of shares was Royal Caribbean Cruises in 2025 — This indicates how many shares 274 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2006
221.49 M base_Shares
Jan 1, 2007
214 M base_Shares
Jan 1, 2008
214 M base_Shares
Jan 1, 2009
215 M base_Shares
Jan 1, 2010
218 M base_Shares
Jan 1, 2011
219 M base_Shares
Jan 1, 2012
219 M base_Shares
Jan 1, 2013
221 M base_Shares
Jan 1, 2014
223.04 M base_Shares
Jan 1, 2015
221 M base_Shares
Jan 1, 2016
216.32 M base_Shares
Jan 1, 2017
216 M base_Shares
Jan 1, 2018
212 M base_Shares
Jan 1, 2019
209.93 M base_Shares
Jan 1, 2020
214.34 M base_Shares

Royal Caribbean Cruises Dividend History

29 years of dividend payments · 2 consecutive increases

YearAnnual DividendYoY ChangePayments
20261.5USDYTD
Mar 6, 20261.5USD 50.0%1/1
20253.5USD 268.4%
Mar 7, 20250.75USD 36.4%1/4
Jun 4, 20250.75USD 0.0%2/4
Sep 25, 20251USD 33.3%3/4
Dec 26, 20251USD 0.0%4/4
20240.95USD 21.8%
20200.78USD 73.6%
20192.96USD 13.8%
20182.6USD 20.4%
20172.16USD 26.3%
20161.71USD 26.7%
20151.35USD 22.7%
20141.1USD 48.6%

Royal Caribbean Cruises dividend history and estimates

In 2025, Royal Caribbean Cruises paid a dividend amounting to 3.5 USD. Dividend means that Royal Caribbean Cruises distributes a portion of its profits to its owners.
  • 3 Years

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  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2006
0.6 USD
0 USD
Jan 1, 2007
0.6 USD
0 USD
Invalid Date
0.45 USD
0.15 USD
Invalid Date
0.2 USD
0.2 USD
Jan 1, 2012
0.44 USD
0 USD
Jan 1, 2013
0.74 USD
0 USD
Jan 1, 2014
1.1 USD
0 USD
Jan 1, 2015
1.35 USD
0 USD
Jan 1, 2016
1.71 USD
0 USD
Jan 1, 2017
2.16 USD
0 USD
Jan 1, 2018
2.6 USD
0 USD
Jan 1, 2019
2.96 USD
0 USD
Invalid Date
0.78 USD
2.34 USD
Invalid Date
0.95 USD
0.95 USD
Jan 1, 2025
3.5 USD
0 USD

Royal Caribbean Cruises dividend payout ratio

In 2025, Royal Caribbean Cruises had a payout ratio of 31.46%. The payout ratio indicates the percentage of the company's profits that Royal Caribbean Cruises distributes as dividends.
  • 3 Years

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  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2006
20.98 %
Jan 1, 2007
21.28 %
Jan 1, 2008
16.79 %
Jan 1, 2009
30.71 %
Jan 1, 2010
30.71 %
Jan 1, 2011
7.22 %
Jan 1, 2012
550 %
Jan 1, 2013
34.58 %
Jan 1, 2014
32.07 %
Jan 1, 2015
44.7 %
Jan 1, 2016
28.84 %
Jan 1, 2017
28.69 %
Jan 1, 2018
30.37 %
Jan 1, 2019
33.07 %
Jan 1, 2020
-2.88 %
Price targets and forecasts for Royal Caribbean Cruises are not yet available.

Royal Caribbean Cruises Earnings Estimates

Royal Caribbean Cruises Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
4/30/20263.23USD4.5 BUSD2026 Q1
4/27/20263.24USD4.5 BUSD2026 Q1
1/29/20262.83USD4.3 BUSD2025 Q4
1/26/20262.82USD4.31 BUSD2025 Q4
5/2/20240.86USD3.46 BUSD2024 Q1
2/5/20241.11USD3.38 BUSD2023 Q4
7/26/20230.79USD3.27 BUSD2023 Q2
5/3/2023-0.56USD2.76 BUSD2023 Q1
2/2/2023-1.33USD2.68 BUSD2022 Q4
11/3/20220.19USD3.02 BUSD2022 Q3
...

EESG©

Eulerpool ESG Scorecard© for the Royal Caribbean Cruises stock

68/100
81
Environment
74
Social
50
Governance
E

Environment

20
Scope 1 - Direct Emissions5,375,318
Scope 2 - Indirect emissions from purchased energy10,166
Scope 3 - Indirect emissions within the value chain5,993,964
Total CO₂ emissions5,385,484
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees24.279
Percentage of women in management
Percentage of Asian employees6
Share of Asian management
Percentage of Hispanic/Latino employees43
Hispano/Latino Management share
Percentage of Black employees8
Black Management Share
Percentage of white employees39
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Royal Caribbean Cruises shareholder structure

% Name
12.07072%
Capital International Investors
Capital International Investors
11.11832%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
9.56591%
Capital Research Global Investors
Capital Research Global Investors
6.71826%
Awilhelmsen AS
Awilhelmsen AS
6.59382%
Capital World Investors
Capital World Investors
5.36351%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
3.88009%
State Street Investment Management (US)
State Street Investment Management (US)
2.46577%
Geode Capital Management, L.L.C.
Geode Capital Management, L.L.C.
1.20678%
Norges Bank Investment Management (NBIM)
Norges Bank Investment Management (NBIM)
1.17435%
PRIMECAP Management Company
PRIMECAP Management Company
...

Royal Caribbean Cruises Executives and Management Board

JL

Mr. Jason Liberty

(49)

President, Chief Executive Officer, Director · since 2013

Compensation19.5 M USD
MB

Mr. Michael Bayley

(66)

President and Chief Executive Officer of Royal Caribbean International

Compensation9.01 M USD
NH

Mr. Naftali Holtz

(47)

Chief Financial Officer

Compensation5.88 M USD
HK

Mr. Harri Kulovaara

(72)

Executive Vice President - Maritime

Compensation4.75 M USD
LB

Ms. Laura Bethge

(49)

President - Celebrity Cruises

Compensation4.34 M USD

Royal Caribbean Cruises Supply Chain

Frequently asked questions about Royal Caribbean Cruises

Royal Caribbean Cruises Ltd operates in the global cruise vacation industry. The company offers a range of cruise itineraries and onboard amenities to provide exceptional travel experiences. Royal Caribbean Cruises focuses on attracting diverse customer segments by providing innovative and high-quality services. Their business model centers around creating memorable vacations for guests by combining world-class entertainment, culinary excellence, and adventurous activities while ensuring safety and comfort. The company continually invests in upgrading its fleet of ships and expanding its global reach, aiming to deliver exceptional value to both passengers and shareholders alike.

All fundamentals and in-depth analysis of Royal Caribbean Cruises

Our stock analysis for Royal Caribbean Cruises Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Royal Caribbean Cruises Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.