RCL Stock Analysis: Royal Caribbean Cruises | NYSE
Travel Services | NYSE, USA | Market Cap: 64.881m USD | 12M Return: -12.9% | LR0008862868 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 708M
EPS Trend: 91.9%
Qual. Beats: 2
Rev. Trend: 97.8%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
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.
Royal Caribbean Cruises Ltd. (NYSE: RCL) is a global cruise vacation company that operates itineraries under three brands: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. As of December 31, 2025, the company operated a fleet of 69 ships, making it one of the larger operators in the global cruise industry. The company was founded in 1968 and is headquartered in Miami, Florida, and trades as a large-cap stock in the Consumer Discretionary sector (GICS sub-industry: Hotels, Resorts & Cruise Lines), having gone public on April 28, 1993.
The cruise line business model typically combines ticket sales with onboard revenue from dining, beverages, excursions, and shore activities, and is characterized by high fixed costs tied to ship assets and significant sensitivity to discretionary consumer spending and global travel demand.
- Net yields expand on premium demand and onboard spending growth
- Caribbean and European itineraries drive occupancy and ticket revenue
- Share buybacks accelerate as balance sheet normalizes post-pandemic
| 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) |
| 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 |
| 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 |
As of October 02, 2026, the stock is trading at USD 269.99 with a total of 3,092,816 shares traded. Over the past week, the price has changed by +12.98%, over one month by +2.22%, over three months by -11.33% and over the past year by -12.86%.
Current recommended Stop Loss: 253.90 (which is 6% or 1.5 ATR below the current price).
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
| Analysts Target Price | 348.3 | 29% |
P/E Trailing = 14.9839
P/E Forward = 11.4025
P/S = 3.4729
P/B = 6.1373
P/EG = 0.9494
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 = 88.2b USD (64.9b + Debt 24.2b - CCE 875.0m)
Interest Coverage Ratio = 5.35 (Ebit TTM 5.51b / Interest Expense TTM 1.03b)
EV/FCF = -212.0x (Enterprise Value 88.2b / FCF TTM -416.0m)
FCF Yield = -0.47% (FCF TTM -416.0m / Enterprise Value 88.2b)
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 = 1.98 (Enterprise Value 88.2b / 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 = 8.39% (E(64.9b)/V(89.1b) * Re(9.95%) + D(24.2b)/V(89.1b) * Rd(4.25%) * (1-Tc(0.01)))
Discount Rate = 9.95% (= 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=6.32 | Chg30d=+0.00% | Revisions=-15% | Analysts=20
EPS current Year (2026-12-31): EPS=17.79 | Chg30d=-0.04% | Revisions=+88% | GrowthEPS=+13.8% | GrowthRev=+9.1%
EPS next Year (2027-12-31): EPS=20.28 | Chg30d=-0.00% | Revisions=+59% | GrowthEPS=+14.0% | GrowthRev=+7.2%
[Analyst] Revisions Ratio: +54% (up=50, down=14)