(RCL) Royal Caribbean Cruises - Ratings and Ratios

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

Cruises, Ships, Itineraries, Brands

Stock: Hotels, Resorts & Cruise Lines
Age 32.7y

MCap 75,844m
Avg Vol 1.88M (561M USD)

Beta 1.564
Volatility 41.43%

EPS (Earnings per Share)

EPS CAGR: 134.50%
EPS Trend: 70.6%

Last SUE: -4.00
Qual. Beats: 0

Revenue

Rev. CAGR: 55.47%
Rev. Trend: 83.0%

Last SUE: -0.60
Qual. Beats: 0

Dividends

Dividend Yield	1.29%
Yield on Cost 5y	5.21%
Yield CAGR 5y	268.42%
Payout Consistency	74.7%
Payout Ratio	24.2%

Risk via 5d forecast
Volatility	41.4%
Value at Risk 5%th	62.6%
Relative Tail Risk	-8.18%

Reward TTM
Sharpe Ratio	0.46
Alpha	-6.44
CAGR/Max DD	1.85

Character TTM
Hurst Exponent	0.589
Beta	1.564
Beta Downside	1.418

Drawdowns 3y
Max DD	35.02%
Mean DD	8.71%
Median DD	5.67%

Description: RCL Royal Caribbean Cruises December 02, 2025

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 broad spectrum of itineraries worldwide. As of 12 Feb 2025 the fleet comprised 67 vessels, a mix of large-scale ships and boutique luxury vessels, supporting its position in the Hotels, Resorts & Cruise Lines sub-industry.

Key metrics to watch include: (1) FY 2024 revenue of roughly $9.3 bn and an adjusted EBITDA margin near 18%, reflecting strong pricing power; (2) average occupancy (RevPAR) consistently above 95% in the North-American market, indicating resilient demand; and (3) a debt-to-EBITDA ratio of ~2.5×, which, while elevated, remains manageable given the company’s cash-flow generation. Primary economic drivers are discretionary consumer spending, fuel price volatility, and the pace of global GDP growth, all of which directly affect ticket pricing and capacity utilization.

For a deeper quantitative dive-including forward-looking cash-flow models and scenario analysis-consult the ValueRay platform, which aggregates the latest analyst estimates and macro inputs.

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'' (< 1.1 .. > 2.6) -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

ValueRay F-Score (Strict, 0-100) 72.53

1. Piotroski: 6.50pt
2. FCF Yield: 2.11%
3. FCF Margin: 11.67%
4. Debt/Equity: 2.08
5. Debt/Ebitda: 3.04
6. ROIC - WACC: 4.78%
7. RoE: 46.81%
8. Revenue Trend: 82.98%
9. EPS Trend: 70.64%

What is the price of RCL shares?

As of January 22, 2026, the stock is trading at USD 277.77 with a total of 2,274,352 shares traded.
Over the past week, the price has changed by -0.56%, over one month by -7.32%, over three months by -12.02% and over the past year by +15.64%.

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	332.3	19.6%
Analysts Target Price	332.3	19.6%
ValueRay Target Price	411.3	48.1%

RCL Fundamental Data Overview January 17, 2026

P/E Trailing = 18.7153
P/E Forward = 15.528
P/S = 4.3496
P/B = 7.5482
P/EG = 0.8924
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 = 96.39b USD (75.84b + Debt 20.98b - CCE 432.0m)
Interest Coverage Ratio = 5.12 (Ebit TTM 5.08b / Interest Expense TTM 991.0m)
EV/FCF = 47.36x (Enterprise Value 96.39b / FCF TTM 2.04b)
FCF Yield = 2.11% (FCF TTM 2.04b / Enterprise Value 96.39b)
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 = 2.40 (Enterprise Value 96.39b / 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 = 9.35% (E(75.84b)/V(96.82b) * Re(11.68%) + D(20.98b)/V(96.82b) * Rd(1.18%) * (1-Tc(0.21)))
Discount Rate = 11.68% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.08%
[DCF Debug] Terminal Value 64.35% ; FCFF base≈2.04b ; Y1≈1.34b ; Y5≈609.5m
Fair Price DCF = N/A (negative equity: EV 9.66b - Net Debt 20.54b = -10.88b; 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=3.04 | Chg30d=-0.070 | Revisions Net=-2 | Analysts=14
EPS next Year (2026-12-31): EPS=17.72 | Chg30d=-0.050 | Revisions Net=-7 | Growth EPS=+13.2% | Growth Revenue=+9.3%

Additional Sources for RCL Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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