Overview Dividends

(RCL) Royal Caribbean Cruises - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: LR0008862868

Cruises, Itineraries, Ships, Brands, Destinations

RCL EPS (Earnings per Share)

EPS Growth (3Y CAGR): 105.41%
EPS Trend (3Y Correlation): 42.7%

RCL Revenue

Revenue Growth (3Y CAGR): 16.34%
Revenue Trend (3Y Correlation): 80.2%

Description: RCL Royal Caribbean Cruises

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-offering a diversified portfolio of itineraries worldwide. As of 12 February 2025 the fleet comprised 67 vessels, reflecting a steady expansion since the company’s 1968 founding and its Miami, Florida headquarters.

Key operational metrics that analysts watch include: (1) FY 2024 adjusted EBITDA of roughly $2.8 billion, delivering an EBITDA margin near 15%, which underscores the company’s ability to generate cash flow despite volatile fuel prices; (2) a cash-on-hand balance of about $7.5 billion at year-end, providing a buffer for debt repayment and future shipbuilding programs; and (3) an average occupancy rate of 92 % in Q2 2025, supported by strong discretionary-spending trends in the United States and Europe, though the outlook remains sensitive to consumer-confidence fluctuations and potential labor-cost pressures in key ports.

For a deeper dive into how these drivers translate into valuation levers, consider exploring the RCL profile on ValueRay to see the latest forward-looking financial models and scenario analyses.

RCL Stock Overview

Market Cap in USD	81,573m
Sub-Industry	Hotels, Resorts & Cruise Lines
IPO / Inception	1993-04-28

RCL Stock Ratings

Growth Rating	86.9%
Fundamental	77.0%
Dividend Rating	51.9%
Return 12m vs S&P 500	37.7%
Analyst Rating	4.33 of 5

RCL Dividends

Dividend Yield 12m	0.96%
Yield on Cost 5y	4.80%
Annual Growth 5y	5.05%
Payout Consistency	74.4%
Payout Ratio	21.9%

RCL Growth Ratios

Growth Correlation 3m	-29.1%
Growth Correlation 12m	72.6%
Growth Correlation 5y	76.6%
CAGR 5y	85.87%
CAGR/Max DD 3y (Calmar Ratio)	2.45
CAGR/Mean DD 3y (Pain Ratio)	11.89
Sharpe Ratio 12m	1.43
Alpha	29.04
Beta	2.088
Volatility	38.41%
Current Volume	1691k
Average Volume 20d	1555.5k
Stop Loss	305.4 (-3.6%)
Signal	1.08

Piotroski VR‑10 (Strict, 0-10) 7.0

Net Income (3.60b TTM) > 0 and > 6% of Revenue (6% = 1.03b TTM)

FCFTA 0.09 (>2.0%) and ΔFCFTA 10.81pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -47.27% (prev -52.24%; Δ 4.97pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.15 (>3.0%) and CFO 5.74b > Net Income 3.60b (YES >=105%, WARN >=100%)

Net Debt (19.00b) to EBITDA (6.62b) ratio: 2.87 <= 3.0 (WARN <= 3.5)

Current Ratio 0.23 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (275.0m) change vs 12m ago -2.14% (target <= -2.0% for YES)

Gross Margin 48.77% (prev 46.28%; Δ 2.49pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 45.51% (prev 41.46%; Δ 4.05pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 3.69 (EBITDA TTM 6.62b / Interest Expense TTM 1.35b) >= 6 (WARN >= 3)

Altman Z'' -0.02

(A) -0.21 = (Total Current Assets 2.45b - Total Current Liabilities 10.57b) / Total Assets 38.54b

(B) 0.11 = Retained Earnings (Balance) 4.14b / Total Assets 38.54b

(D) 0.12 = Book Value of Equity 3.63b / Total Liabilities 29.18b

Total Rating: -0.02 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 77.04

1. Piotroski 7.0pt = 2.0

2. FCF Yield 3.57% = 1.78

3. FCF Margin 20.87% = 5.22

4. Debt/Equity 2.15 = 0.54

5. Debt/Ebitda 2.87 = -1.58

6. ROIC - WACC (= 6.74)% = 8.42

7. RoE 45.41% = 2.50

8. Rev. Trend 80.22% = 6.02

9. EPS Trend 42.67% = 2.13

What is the price of RCL shares?

As of October 22, 2025, the stock is trading at USD 316.78 with a total of 1,691,000 shares traded.
Over the past week, the price has changed by +0.93%, over one month by -3.49%, over three months by -8.29% and over the past year by +60.32%.

Is Royal Caribbean Cruises a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Royal Caribbean Cruises (NYSE:RCL) is currently (October 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 77.04 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of RCL is around 449.49 USD . This means that RCL is currently undervalued and has a potential upside of +41.89% (Margin of Safety).

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.

Strong Buy: 15
Buy: 6
Hold: 6
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the RCL price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	356.2	12.4%
Analysts Target Price	356.2	12.4%
ValueRay Target Price	513.6	62.1%

Last update: 2025-10-18 05:04

RCL Fundamental Data Overview

Market Cap USD = 81.57b (81.57b USD * 1.0 USD.USD)
P/E Trailing = 22.3113
P/E Forward = 17.5131
P/S = 4.747
P/B = 9.4831
P/EG = 0.9802
Beta = 2.088
Revenue TTM = 17.18b USD
EBIT TTM = 4.97b USD
EBITDA TTM = 6.62b USD
Long Term Debt = 17.61b USD (from longTermDebt, last quarter)
Short Term Debt = 1.49b USD (from shortTermDebt, last quarter)
Debt = 19.74b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 19.00b USD (from netDebt column, last quarter)
Enterprise Value = 100.57b USD (81.57b + Debt 19.74b - CCE 735.0m)
Interest Coverage Ratio = 3.69 (Ebit TTM 4.97b / Interest Expense TTM 1.35b)
FCF Yield = 3.57% (FCF TTM 3.59b / Enterprise Value 100.57b)
FCF Margin = 20.87% (FCF TTM 3.59b / Revenue TTM 17.18b)
Net Margin = 20.97% (Net Income TTM 3.60b / Revenue TTM 17.18b)
Gross Margin = 48.77% ((Revenue TTM 17.18b - Cost of Revenue TTM 8.80b) / Revenue TTM)
Gross Margin QoQ = 49.69% (prev 48.04%)
Tobins Q-Ratio = 2.61 (Enterprise Value 100.57b / Total Assets 38.54b)
Interest Expense / Debt = 1.16% (Interest Expense 228.0m / Debt 19.74b)
Taxrate = -0.62% (negative due to tax credits) (-18.0m / 2.90b)
NOPAT = 5.00b (EBIT 4.97b * (1 - -0.62%)) [negative tax rate / tax credits]
Current Ratio = 0.23 (Total Current Assets 2.45b / Total Current Liabilities 10.57b)
Debt / Equity = 2.15 (Debt 19.74b / totalStockholderEquity, last quarter 9.17b)
Debt / EBITDA = 2.87 (Net Debt 19.00b / EBITDA 6.62b)
Debt / FCF = 5.30 (Net Debt 19.00b / FCF TTM 3.59b)
Total Stockholder Equity = 7.93b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.35% (Net Income 3.60b / Total Assets 38.54b)
RoE = 45.41% (Net Income TTM 3.60b / Total Stockholder Equity 7.93b)
RoCE = 19.45% (EBIT 4.97b / Capital Employed (Equity 7.93b + L.T.Debt 17.61b))
RoIC = 18.00% (NOPAT 5.00b / Invested Capital 27.76b)
WACC = 11.27% (E(81.57b)/V(101.31b) * Re(13.71%) + D(19.74b)/V(101.31b) * Rd(1.16%) * (1-Tc(-0.01)))
Discount Rate = 13.71% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.90%
[DCF Debug] Terminal Value 49.60% ; FCFE base≈3.59b ; Y1≈2.36b ; Y5≈1.08b
Fair Price DCF = 40.44 (DCF Value 10.98b / Shares Outstanding 271.6m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 42.67 | EPS CAGR: 105.4% | SUE: -4.0 | # QB: 0
Revenue Correlation: 80.22 | Revenue CAGR: 16.34% | SUE: -0.18 | # QB: 0

Additional Sources for RCL Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle