RCL Stock Analysis: Royal Caribbean Cruises | NYSE

Travel Services | NYSE, USA | Market Cap: 86.542m USD | 12M Return: 2.6% | Charts, Fundamentals & Technical Analysis

Cruises, Vacations, Itineraries, Ships
Total Rating 42
Safety 62
Buy Signal 0.16
Travel Services
Industry Rotation: -7.4
Market Cap: 86.5B
Avg Turnover: 688M
Risk 3d forecast
Volatility39.3%
VaR 5th Pctl6.57%
VaR vs Median1.56%
Reward TTM
Sharpe Ratio0.18
Rel. Str. IBD57.8
Rel. Str. Peer Group51.8
Character TTM
Beta1.276
Beta Downside1.073
Hurst Exponent0.459
Drawdowns 3y
Max DD35.02%
CAGR/Max DD1.35
CAGR/Mean DD4.29
EPS (Earnings per Share) EPS (Earnings per Share) of RCL over the last years for every Quarter: "2021-06": -5.06, "2021-09": -4.91, "2021-12": -4.78, "2022-03": -4.57, "2022-06": -2.08, "2022-09": 0.26, "2022-12": -1.12, "2023-03": -0.23, "2023-06": 1.82, "2023-09": 3.85, "2023-12": 1.25, "2024-03": 1.77, "2024-06": 3.21, "2024-09": 5.2, "2024-12": 1.63, "2025-03": 2.71, "2025-06": 4.38, "2025-09": 5.75, "2025-12": 2.8, "2026-03": 3.6, "2026-06": 4.21,
EPS CAGR: 50.81%
EPS Trend: 91.9%
Last SUE: 1.50
Qual. Beats: 2
Revenue Revenue of RCL over the last years for every Quarter: 2021-06: 50.914, 2021-09: 456.958, 2021-12: 982.247, 2022-03: 1059.231, 2022-06: 2184.242, 2022-09: 2993.075, 2022-12: 2603.992, 2023-03: 2886, 2023-06: 3523, 2023-09: 4160, 2023-12: 3331.419, 2024-03: 3728, 2024-06: 4110, 2024-09: 4886, 2024-12: 3761, 2025-03: 3999, 2025-06: 4538, 2025-09: 5139, 2025-12: 4259, 2026-03: 4452, 2026-06: 4832,
Rev. CAGR: 12.78%
Rev. Trend: 97.8%
Last SUE: 0.10
Qual. Beats: 0

Warnings

Altman Z'' In Financial Distress Zone

Tailwinds

No distinct edge detected

Seasonality 11.6 years of data

Jan +8.2% 9
Feb -2.6% 19
Mar -5.3% 20
Apr -2.3% 23
May +2.9% 21
Jun -1.8% 2
Jul -1.2% 8
Aug +2.9% 28
Sep -1.2% 2
Oct -1.6% 2
Nov +9.1% 28
Dec -0.2% 0

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: RCL Royal Caribbean Cruises

Royal Caribbean Cruises Ltd. (NYSE: RCL) is a global cruise operator headquartered in Miami, Florida, founded in 1968 and listed on the NYSE since 1993. The company runs a multi-brand portfolio that includes Royal Caribbean International, Celebrity Cruises, and Silversea Cruises, collectively operating 69 ships as of December 31, 2025, offering a range of itineraries worldwide.

Classified within the Consumer Discretionary sector under the Hotels, Resorts & Cruise Lines sub-industry, RCL operates a capital-intensive business model in which owning and operating vessels is central to revenue generation. Like other cruise operators, the company is part of a globally consolidated industry in which a small number of large players dominate capacity, and demand tends to be sensitive to macroeconomic conditions and discretionary consumer spending.

Headlines to Watch Out For
  • Net yields and onboard spending accelerate revenue growth
  • Icon-class ship deliveries expand fleet capacity through 2027
  • Fuel cost volatility pressures cruise operating margins
Piotroski VR-10 (Strict) 5.0
Net Income: 4.40b TTM > 0 and > 6% of Revenue
FCF/TA: -0.01 > 0.02 and ΔFCF/TA -10.24 > 1.0
NWC/Revenue: -49.36% < 20% (prev -47.27%; Δ -2.09% < -1%)
CFO/TA 0.15 > 3% & CFO 6.79b > Net Income 4.40b
Net Debt (23.3b) to EBITDA (7.22b): 3.23 < 3
Current Ratio: 0.21 > 1.5 & < 3
Outstanding Shares: last quarter (270.0m) vs 12m ago -1.82% < -2%
Gross Margin: 46.64% > 18% (prev 48.77%; Δ -2.12% > 0.5%)
Asset Turnover: 44.92% > 50% (prev 44.59%; Δ 0.33% > 0%)
Interest Coverage Ratio: 5.35 > 6 (EBIT TTM 5.51b / Interest Expense TTM 1.03b)
Altman Z'' 0.37
A: -0.21 (Total Current Assets 2.43b - Total Current Liabilities 11.7b) / Total Assets 44.6b
B: 0.16 (Retained Earnings 7.19b / Total Assets 44.6b)
C: 0.13 (EBIT TTM 5.51b / Avg Total Assets 41.6b)
D: 0.30 (Book Value of Equity 10.2b / Total Liabilities 34.2b)
Altman-Z'' = 0.37 = B
Beneish M -3.01
DSRI: 0.94 (Receivables 441.0m/431.0m, Revenue 18.7b/17.2b)
GMI: 1.05 (GM 48.77% / 46.64%)
AQI: 0.94 (AQ_t 0.07 / AQ_t-1 0.08)
SGI: 1.09 (Revenue 18.7b / 17.2b)
TATA: -0.05 (NI 4.40b - CFO 6.79b) / TA 44.6b)
Beneish M = -3.01 (Cap -4..+1) = AA
What is the price of RCL shares?

As of August 03, 2026, the stock is trading at USD 318.30 with a total of 1,945,510 shares traded. Over the past week, the price has changed by +8.43%, over one month by +7.42%, over three months by +23.30% and over the past year by +2.55%.

Current recommended Stop Loss: 288.40 (which is 9.4% or 2.3 ATR below the current price).

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?
Analysts Target Price 337 5.9%
Royal Caribbean Cruises (RCL) - Fundamental Data Overview as of 31 July 2026
Market Cap USD = 86.5b (86.5b USD * 1.0 USD.USD)
P/E Trailing = 19.7546
P/E Forward = 18.6567
P/S = 4.6324
P/B = 8.8168
P/EG = 1.542
Revenue TTM = 18.7b USD
EBIT TTM = 5.51b USD
EBITDA TTM = 7.22b USD
Long Term Debt = 21.3b USD (from longTermDebt, last quarter)
Short Term Debt = 1.64b USD (from shortTermDebt, last quarter)
Debt = 24.2b USD (from shortLongTermDebtTotal, last quarter) + Leases 682.0m
Net Debt = 23.3b USD (calculated: Debt 24.2b - CCE 875.0m)
Enterprise Value = 110b USD (86.5b + Debt 24.2b - CCE 875.0m)
Interest Coverage Ratio = 5.35 (Ebit TTM 5.51b / Interest Expense TTM 1.03b)
EV/FCF = -264.1x (Enterprise Value 110b / FCF TTM -416.0m)
FCF Yield = -0.38% (FCF TTM -416.0m / Enterprise Value 110b)
FCF Margin = -2.23% (FCF TTM -416.0m / Revenue TTM 18.7b)
Net Margin = 23.56% (Net Income TTM 4.40b / Revenue TTM 18.7b)
Gross Margin = 46.64% ((Revenue TTM 18.7b - Cost of Revenue TTM 9.97b) / Revenue TTM)
Gross Margin QoQ = 47.29% (prev 49.53%)
Tobins Q-Ratio = 2.46 (Enterprise Value 110b / Total Assets 44.6b)
Interest Expense / Debt = 4.25% (Interest Expense 1.03b / Debt 24.2b)
Taxrate = 1.22% (14.0m / 1.15b)
NOPAT = 5.44b (EBIT 5.51b * (1 - 1.22%))
Current Ratio = 0.21 (Total Current Assets 2.43b / Total Current Liabilities 11.7b)
Debt / Equity = 2.36 (Debt 24.2b / totalStockholderEquity, last quarter 10.2b)
Debt / EBITDA = 3.23 (Net Debt 23.3b / EBITDA 7.22b)
 Debt / FCF = -56.07 (negative FCF - burning cash) (Net Debt 23.3b / FCF TTM -416.0m)
 Total Stockholder Equity = 10.0b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.58% (Net Income 4.40b / Total Assets 44.6b)
RoE = 43.83% (Net Income TTM 4.40b / Total Stockholder Equity 10.0b)
RoCE = 17.59% (EBIT 5.51b / Capital Employed (Equity 10.0b + L.T.Debt 21.3b))
RoIC = 16.11% (NOPAT 5.44b / Invested Capital 33.8b)
WACC = 9.10% (E(86.5b)/V(111b) * Re(10.47%) + D(24.2b)/V(111b) * Rd(4.25%) * (1-Tc(0.01)))
Discount Rate = 10.47% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -47.85 | Cagr: -1.76%
 [DCF] Fair Price = unknown (Cash Flow -416.0m)
 EPS Correlation: 91.86 | EPS CAGR: 50.81% | SUE: 1.50 | # QB: 2
Revenue Correlation: 97.77 | Revenue CAGR: 12.78% | SUE: 0.10 | # QB: 0
EPS current Quarter (2026-09-30): EPS=6.23 | Chg30d=-1.59% | Revisions=+40% | Analysts=17
EPS current Year (2026-12-31): EPS=17.40 | Chg30d=+0.38% | Revisions=+25% | GrowthEPS=+11.2% | GrowthRev=+8.9%
EPS next Year (2027-12-31): EPS=20.00 | Chg30d=-0.09% | Revisions=-17% | GrowthEPS=+15.0% | GrowthRev=+7.7%
[Analyst] Revisions Ratio: +22% (up=4, down=2)