(RCL) Royal Caribbean Cruises - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: LR0008862868
Cruise Vacations, Itineraries, Ships, Brands
Total Rating 47
Risk 63
Buy Signal -2.03
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 1.29% |
| Yield on Cost 5y | 5.42% |
| Yield CAGR 5y | 268.42% |
| Payout Consistency | 74.7% |
| Payout Ratio | 24.2% |
| Risk 5d forecast | |
|---|---|
| Volatility | 38.9% |
| Relative Tail Risk | -8.08% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.37 |
| Alpha | -0.51 |
| Character TTM | |
|---|---|
| Beta | 1.589 |
| Beta Downside | 1.458 |
| Drawdowns 3y | |
|---|---|
| Max DD | 35.02% |
| CAGR/Max DD | 1.85 |
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) 6.5
| Net Income: 4.07b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 6.07 > 1.0 |
| NWC/Revenue: -54.95% < 20% (prev -48.58%; Δ -6.37% < -1%) |
| CFO/TA 0.16 > 3% & CFO 6.31b > Net Income 4.07b |
| Net Debt (20.54b) to EBITDA (6.75b): 3.04 < 3 |
| Current Ratio: 0.16 > 1.5 & < 3 |
| Outstanding Shares: last quarter (274.0m) vs 12m ago 3.79% < -2% |
| Gross Margin: 49.00% > 18% (prev 0.47%; Δ 4853 % > 0.5%) |
| Asset Turnover: 45.19% > 50% (prev 43.31%; Δ 1.87% > 0%) |
| Interest Coverage Ratio: 5.12 > 6 (EBITDA TTM 6.75b / Interest Expense TTM 991.0m) |
Altman Z'' -0.07
| A: -0.24 (Total Current Assets 1.89b - Total Current Liabilities 11.47b) / Total Assets 40.11b |
| B: 0.14 (Retained Earnings 5.44b / Total Assets 40.11b) |
| C: 0.13 (EBIT TTM 5.08b / Avg Total Assets 38.59b) |
| D: 0.16 (Book Value of Equity 4.92b / Total Liabilities 29.82b) |
| Altman-Z'' Score: -0.07 = B |
Beneish M -3.30
| DSRI: 0.74 (Receivables 356.0m/441.0m, Revenue 17.44b/16.06b) |
| GMI: 0.96 (GM 49.00% / 47.12%) |
| AQI: 0.95 (AQ_t 0.07 / AQ_t-1 0.08) |
| SGI: 1.09 (Revenue 17.44b / 16.06b) |
| TATA: -0.06 (NI 4.07b - CFO 6.31b) / TA 40.11b) |
| Beneish M-Score: -3.30 (Cap -4..+1) = AA |
What is the price of RCL shares?
As of January 30, 2026, the stock is trading at USD 291.60 with a total of 3,338,680 shares traded.
Over the past week, the price has changed by +4.98%, over one month by +3.15%, over three months by -0.12% and over the past year by +11.35%.
Over the past week, the price has changed by +4.98%, over one month by +3.15%, over three months by -0.12% and over the past year by +11.35%.
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 | 332.2 | 13.9% |
| Analysts Target Price | 332.2 | 13.9% |
| ValueRay Target Price | 429.8 | 47.4% |
RCL Fundamental Data Overview January 24, 2026
P/E Trailing = 19.2278
P/E Forward = 15.873
P/S = 4.4747
P/B = 7.7163
P/EG = 0.9122
Revenue TTM = 17.44b USD
EBIT TTM = 5.08b USD
EBITDA TTM = 6.75b USD
Long Term Debt = 17.20b USD (from longTermDebt, last quarter)
Short Term Debt = 3.16b USD (from shortTermDebt, last quarter)
Debt = 20.98b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 20.54b USD (from netDebt column, last quarter)
Enterprise Value = 98.57b USD (78.03b + Debt 20.98b - CCE 432.0m)
Interest Coverage Ratio = 5.12 (Ebit TTM 5.08b / Interest Expense TTM 991.0m)
EV/FCF = 48.44x (Enterprise Value 98.57b / FCF TTM 2.04b)
FCF Yield = 2.06% (FCF TTM 2.04b / Enterprise Value 98.57b)
FCF Margin = 11.67% (FCF TTM 2.04b / Revenue TTM 17.44b)
Net Margin = 23.35% (Net Income TTM 4.07b / Revenue TTM 17.44b)
Gross Margin = 49.00% ((Revenue TTM 17.44b - Cost of Revenue TTM 8.89b) / Revenue TTM)
Gross Margin QoQ = 51.76% (prev 49.69%)
Tobins Q-Ratio = 2.46 (Enterprise Value 98.57b / Total Assets 40.11b)
Interest Expense / Debt = 1.18% (Interest Expense 248.0m / Debt 20.98b)
Taxrate = 21.0% (US default 21%)
NOPAT = 4.01b (EBIT 5.08b * (1 - 21.00%))
Current Ratio = 0.16 (Total Current Assets 1.89b / Total Current Liabilities 11.47b)
Debt / Equity = 2.08 (Debt 20.98b / totalStockholderEquity, last quarter 10.09b)
Debt / EBITDA = 3.04 (Net Debt 20.54b / EBITDA 6.75b)
Debt / FCF = 10.09 (Net Debt 20.54b / FCF TTM 2.04b)
Total Stockholder Equity = 8.70b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.55% (Net Income 4.07b / Total Assets 40.11b)
RoE = 46.81% (Net Income TTM 4.07b / Total Stockholder Equity 8.70b)
RoCE = 19.61% (EBIT 5.08b / Capital Employed (Equity 8.70b + L.T.Debt 17.20b))
RoIC = 14.13% (NOPAT 4.01b / Invested Capital 28.39b)
WACC = 9.47% (E(78.03b)/V(99.00b) * Re(11.77%) + D(20.98b)/V(99.00b) * Rd(1.18%) * (1-Tc(0.21)))
Discount Rate = 11.77% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.08%
[DCF Debug] Terminal Value 63.86% ; FCFF base≈2.04b ; Y1≈1.34b ; Y5≈609.5m
Fair Price DCF = N/A (negative equity: EV 9.50b - Net Debt 20.54b = -11.04b; debt exceeds intrinsic value)
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: 70.64 | EPS CAGR: 134.5% | SUE: -4.0 | # QB: 0
Revenue Correlation: 82.98 | Revenue CAGR: 55.47% | SUE: -0.60 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.91 | Chg30d=-0.161 | Revisions Net=-3 | Analysts=15
EPS next Year (2026-12-31): EPS=17.66 | Chg30d=-0.088 | Revisions Net=-6 | Growth EPS=+12.9% | Growth Revenue=+9.1%
P/E Forward = 15.873
P/S = 4.4747
P/B = 7.7163
P/EG = 0.9122
Revenue TTM = 17.44b USD
EBIT TTM = 5.08b USD
EBITDA TTM = 6.75b USD
Long Term Debt = 17.20b USD (from longTermDebt, last quarter)
Short Term Debt = 3.16b USD (from shortTermDebt, last quarter)
Debt = 20.98b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 20.54b USD (from netDebt column, last quarter)
Enterprise Value = 98.57b USD (78.03b + Debt 20.98b - CCE 432.0m)
Interest Coverage Ratio = 5.12 (Ebit TTM 5.08b / Interest Expense TTM 991.0m)
EV/FCF = 48.44x (Enterprise Value 98.57b / FCF TTM 2.04b)
FCF Yield = 2.06% (FCF TTM 2.04b / Enterprise Value 98.57b)
FCF Margin = 11.67% (FCF TTM 2.04b / Revenue TTM 17.44b)
Net Margin = 23.35% (Net Income TTM 4.07b / Revenue TTM 17.44b)
Gross Margin = 49.00% ((Revenue TTM 17.44b - Cost of Revenue TTM 8.89b) / Revenue TTM)
Gross Margin QoQ = 51.76% (prev 49.69%)
Tobins Q-Ratio = 2.46 (Enterprise Value 98.57b / Total Assets 40.11b)
Interest Expense / Debt = 1.18% (Interest Expense 248.0m / Debt 20.98b)
Taxrate = 21.0% (US default 21%)
NOPAT = 4.01b (EBIT 5.08b * (1 - 21.00%))
Current Ratio = 0.16 (Total Current Assets 1.89b / Total Current Liabilities 11.47b)
Debt / Equity = 2.08 (Debt 20.98b / totalStockholderEquity, last quarter 10.09b)
Debt / EBITDA = 3.04 (Net Debt 20.54b / EBITDA 6.75b)
Debt / FCF = 10.09 (Net Debt 20.54b / FCF TTM 2.04b)
Total Stockholder Equity = 8.70b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.55% (Net Income 4.07b / Total Assets 40.11b)
RoE = 46.81% (Net Income TTM 4.07b / Total Stockholder Equity 8.70b)
RoCE = 19.61% (EBIT 5.08b / Capital Employed (Equity 8.70b + L.T.Debt 17.20b))
RoIC = 14.13% (NOPAT 4.01b / Invested Capital 28.39b)
WACC = 9.47% (E(78.03b)/V(99.00b) * Re(11.77%) + D(20.98b)/V(99.00b) * Rd(1.18%) * (1-Tc(0.21)))
Discount Rate = 11.77% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.08%
[DCF Debug] Terminal Value 63.86% ; FCFF base≈2.04b ; Y1≈1.34b ; Y5≈609.5m
Fair Price DCF = N/A (negative equity: EV 9.50b - Net Debt 20.54b = -11.04b; debt exceeds intrinsic value)
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: 70.64 | EPS CAGR: 134.5% | SUE: -4.0 | # QB: 0
Revenue Correlation: 82.98 | Revenue CAGR: 55.47% | SUE: -0.60 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.91 | Chg30d=-0.161 | Revisions Net=-3 | Analysts=15
EPS next Year (2026-12-31): EPS=17.66 | Chg30d=-0.088 | Revisions Net=-6 | Growth EPS=+12.9% | Growth Revenue=+9.1%