(RCL) Royal Caribbean Cruises - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: LR0008862868
Stock: Cruise Vacations, Itineraries, Ships, Brands
Total Rating 59
Risk 59
Buy Signal 0.02
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 1.29% |
| Yield on Cost 5y | 5.04% |
| Yield CAGR 5y | 268.42% |
| Payout Consistency | 74.7% |
| Payout Ratio | 20.3% |
| Risk 5d forecast | |
|---|---|
| Volatility | 45.3% |
| Relative Tail Risk | -8.87% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.70 |
| Alpha | 9.84 |
| Character TTM | |
|---|---|
| Beta | 1.571 |
| Beta Downside | 1.537 |
| Drawdowns 3y | |
|---|---|
| Max DD | 35.02% |
| CAGR/Max DD | 2.03 |
Description: RCL Royal Caribbean Cruises January 28, 2026
Royal Caribbean Cruises Ltd. (NYSE:RCL) is a U.S.–based cruise operator that runs three brands-Royal Caribbean International, Celebrity Cruises, and Silversea Cruises-across a fleet of 67 ships as of 12 Feb 2025. The company, founded in 1968 and headquartered in Miami, Florida, generates revenue by selling itineraries that span global destinations.
Key recent metrics (Q3 2024 filings) show a 9 % YoY increase in total revenue to $5.2 bn, driven by a rebound in average daily rate (ADR) to $210 per passenger and an occupancy rate of 88 %-both approaching pre-pandemic levels. However, the firm’s net debt remains elevated at $13.4 bn, reflecting ongoing capital expenditures for new vessels, while fuel price volatility continues to pressure operating margins. Macro-level drivers include U.S. consumer confidence (currently 106.5, a 3-point rise YoY) and discretionary travel spending, which together set the ceiling for demand growth.
For a deeper quantitative comparison, you might explore ValueRay’s platform for peer-adjusted performance metrics.
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income: 4.27b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -2.42 > 1.0 |
| NWC/Revenue: -54.89% < 20% (prev -49.21%; Δ -5.68% < -1%) |
| CFO/TA 0.16 > 3% & CFO 6.46b > Net Income 4.27b |
| Net Debt (21.21b) to EBITDA (6.91b): 3.07 < 3 |
| Current Ratio: 0.18 > 1.5 & < 3 |
| Outstanding Shares: last quarter (273.0m) vs 12m ago -1.44% < -2% |
| Gross Margin: 46.84% > 18% (prev 0.48%; Δ 4636 % > 0.5%) |
| Asset Turnover: 45.58% > 50% (prev 44.47%; Δ 1.11% > 0%) |
| Interest Coverage Ratio: 5.34 > 6 (EBITDA TTM 6.91b / Interest Expense TTM 992.0m) |
Altman Z'' 0.00
| A: -0.24 (Total Current Assets 2.21b - Total Current Liabilities 12.05b) / Total Assets 41.62b |
| B: 0.14 (Retained Earnings 5.92b / Total Assets 41.62b) |
| C: 0.13 (EBIT TTM 5.30b / Avg Total Assets 39.34b) |
| D: 0.17 (Book Value of Equity 5.32b / Total Liabilities 31.37b) |
| Altman-Z'' Score: -0.00 = B |
Beneish M -3.20
| DSRI: 0.79 (Receivables 317.0m/371.0m, Revenue 17.93b/16.48b) |
| GMI: 1.01 (GM 46.84% / 47.52%) |
| AQI: 0.96 (AQ_t 0.07 / AQ_t-1 0.08) |
| SGI: 1.09 (Revenue 17.93b / 16.48b) |
| TATA: -0.05 (NI 4.27b - CFO 6.46b) / TA 41.62b) |
| Beneish M-Score: -3.20 (Cap -4..+1) = AA |
What is the price of RCL shares?
As of February 07, 2026, the stock is trading at USD 348.00 with a total of 1,527,458 shares traded.
Over the past week, the price has changed by +7.19%, over one month by +16.88%, over three months by +37.71% and over the past year by +30.45%.
Over the past week, the price has changed by +7.19%, over one month by +16.88%, over three months by +37.71% and over the past year by +30.45%.
Is RCL a buy, sell or hold?
Royal Caribbean Cruises has received a consensus analysts rating of 4.33.
Therefore, it is recommended to buy RCL.
- StrongBuy: 15
- Buy: 6
- Hold: 6
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the RCL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 346.8 | -0.4% |
| Analysts Target Price | 346.8 | -0.4% |
| ValueRay Target Price | 533.2 | 53.2% |
RCL Fundamental Data Overview January 31, 2026
P/E Trailing = 20.8109
P/E Forward = 19.2308
P/S = 4.9365
P/B = 9.3216
P/EG = 1.1053
Revenue TTM = 17.93b USD
EBIT TTM = 5.30b USD
EBITDA TTM = 6.91b USD
Long Term Debt = 17.20b USD (from longTermDebt, two quarters ago)
Short Term Debt = 3.27b USD (from shortTermDebt, last quarter)
Debt = 22.04b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 21.21b USD (from netDebt column, last quarter)
Enterprise Value = 109.75b USD (88.54b + Debt 22.04b - CCE 825.0m)
Interest Coverage Ratio = 5.34 (Ebit TTM 5.30b / Interest Expense TTM 992.0m)
EV/FCF = 88.79x (Enterprise Value 109.75b / FCF TTM 1.24b)
FCF Yield = 1.13% (FCF TTM 1.24b / Enterprise Value 109.75b)
FCF Margin = 6.89% (FCF TTM 1.24b / Revenue TTM 17.93b)
Net Margin = 23.82% (Net Income TTM 4.27b / Revenue TTM 17.93b)
Gross Margin = 46.84% ((Revenue TTM 17.93b - Cost of Revenue TTM 9.54b) / Revenue TTM)
Gross Margin QoQ = 36.72% (prev 51.76%)
Tobins Q-Ratio = 2.64 (Enterprise Value 109.75b / Total Assets 41.62b)
Interest Expense / Debt = 1.21% (Interest Expense 267.0m / Debt 22.04b)
Taxrate = 1.93% (15.0m / 777.0m)
NOPAT = 5.19b (EBIT 5.30b * (1 - 1.93%))
Current Ratio = 0.18 (Total Current Assets 2.21b / Total Current Liabilities 12.05b)
Debt / Equity = 2.20 (Debt 22.04b / totalStockholderEquity, last quarter 10.04b)
Debt / EBITDA = 3.07 (Net Debt 21.21b / EBITDA 6.91b)
Debt / FCF = 17.16 (Net Debt 21.21b / FCF TTM 1.24b)
Total Stockholder Equity = 9.31b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.86% (Net Income 4.27b / Total Assets 41.62b)
RoE = 45.87% (Net Income TTM 4.27b / Total Stockholder Equity 9.31b)
RoCE = 19.97% (EBIT 5.30b / Capital Employed (Equity 9.31b + L.T.Debt 17.20b))
RoIC = 18.14% (NOPAT 5.19b / Invested Capital 28.63b)
WACC = 9.61% (E(88.54b)/V(110.57b) * Re(11.70%) + D(22.04b)/V(110.57b) * Rd(1.21%) * (1-Tc(0.02)))
Discount Rate = 11.70% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.26%
[DCF Debug] Terminal Value 63.33% ; FCFF base≈1.54b ; Y1≈1.01b ; Y5≈461.4m
Fair Price DCF = N/A (negative equity: EV 7.07b - Net Debt 21.21b = -14.14b; debt exceeds intrinsic value)
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: 83.42 | EPS CAGR: 151.5% | SUE: 0.07 | # QB: 0
Revenue Correlation: 78.62 | Revenue CAGR: 44.93% | SUE: -0.45 | # QB: 0
EPS next Quarter (2026-03-31): EPS=3.11 | Chg30d=+0.039 | Revisions Net=-11 | Analysts=17
EPS current Year (2026-12-31): EPS=17.88 | Chg30d=+0.128 | Revisions Net=-10 | Growth EPS=+14.3% | Growth Revenue=+9.6%
EPS next Year (2027-12-31): EPS=20.49 | Chg30d=+0.090 | Revisions Net=-4 | Growth EPS=+14.6% | Growth Revenue=+7.7%
P/E Forward = 19.2308
P/S = 4.9365
P/B = 9.3216
P/EG = 1.1053
Revenue TTM = 17.93b USD
EBIT TTM = 5.30b USD
EBITDA TTM = 6.91b USD
Long Term Debt = 17.20b USD (from longTermDebt, two quarters ago)
Short Term Debt = 3.27b USD (from shortTermDebt, last quarter)
Debt = 22.04b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 21.21b USD (from netDebt column, last quarter)
Enterprise Value = 109.75b USD (88.54b + Debt 22.04b - CCE 825.0m)
Interest Coverage Ratio = 5.34 (Ebit TTM 5.30b / Interest Expense TTM 992.0m)
EV/FCF = 88.79x (Enterprise Value 109.75b / FCF TTM 1.24b)
FCF Yield = 1.13% (FCF TTM 1.24b / Enterprise Value 109.75b)
FCF Margin = 6.89% (FCF TTM 1.24b / Revenue TTM 17.93b)
Net Margin = 23.82% (Net Income TTM 4.27b / Revenue TTM 17.93b)
Gross Margin = 46.84% ((Revenue TTM 17.93b - Cost of Revenue TTM 9.54b) / Revenue TTM)
Gross Margin QoQ = 36.72% (prev 51.76%)
Tobins Q-Ratio = 2.64 (Enterprise Value 109.75b / Total Assets 41.62b)
Interest Expense / Debt = 1.21% (Interest Expense 267.0m / Debt 22.04b)
Taxrate = 1.93% (15.0m / 777.0m)
NOPAT = 5.19b (EBIT 5.30b * (1 - 1.93%))
Current Ratio = 0.18 (Total Current Assets 2.21b / Total Current Liabilities 12.05b)
Debt / Equity = 2.20 (Debt 22.04b / totalStockholderEquity, last quarter 10.04b)
Debt / EBITDA = 3.07 (Net Debt 21.21b / EBITDA 6.91b)
Debt / FCF = 17.16 (Net Debt 21.21b / FCF TTM 1.24b)
Total Stockholder Equity = 9.31b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.86% (Net Income 4.27b / Total Assets 41.62b)
RoE = 45.87% (Net Income TTM 4.27b / Total Stockholder Equity 9.31b)
RoCE = 19.97% (EBIT 5.30b / Capital Employed (Equity 9.31b + L.T.Debt 17.20b))
RoIC = 18.14% (NOPAT 5.19b / Invested Capital 28.63b)
WACC = 9.61% (E(88.54b)/V(110.57b) * Re(11.70%) + D(22.04b)/V(110.57b) * Rd(1.21%) * (1-Tc(0.02)))
Discount Rate = 11.70% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.26%
[DCF Debug] Terminal Value 63.33% ; FCFF base≈1.54b ; Y1≈1.01b ; Y5≈461.4m
Fair Price DCF = N/A (negative equity: EV 7.07b - Net Debt 21.21b = -14.14b; debt exceeds intrinsic value)
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: 83.42 | EPS CAGR: 151.5% | SUE: 0.07 | # QB: 0
Revenue Correlation: 78.62 | Revenue CAGR: 44.93% | SUE: -0.45 | # QB: 0
EPS next Quarter (2026-03-31): EPS=3.11 | Chg30d=+0.039 | Revisions Net=-11 | Analysts=17
EPS current Year (2026-12-31): EPS=17.88 | Chg30d=+0.128 | Revisions Net=-10 | Growth EPS=+14.3% | Growth Revenue=+9.6%
EPS next Year (2027-12-31): EPS=20.49 | Chg30d=+0.090 | Revisions Net=-4 | Growth EPS=+14.6% | Growth Revenue=+7.7%