Royal Caribbean Cruises (RCL) Stock Insights

RCL price $298.30 +2.38 +0.80%

Ticker
RCL
Price
$298.30
Change
+2.38 +0.80%
Market cap ?
$79.78B
P/E ?
17.60
Forward P/E ?
16.76
Dividend yield ?
1.85%
Beta ?
1.82
Sector
Consumer Cyclical
Industry
Travel Services
Stocklytics score
48
Value
42
Quality
47
Growth
55

Stocklytics score rationale: value 42, quality 47, growth 55.

Financials

2016201720182019202020212022202320242025
84964010008777845000949384900010950661000220880500015320000008840000000139000000001648500000017935000000

Royal Caribbean Cruises Ltd. is a prominent global operator within the cruise sector. The company manages several well-known cruise lines, such as Royal Caribbean International, Celebrity Cruises, Azamara, and Silversea Cruises. Through these brands, it offers a wide array of voyages that call upon approximately 1,000 different destinations across the globe. As of February 25, 2022, its expansive fleet comprised 61…

Fair value

RCL fair value $269.62. Price $298.30. Price is 11% above fair value.

Above fair value, and more expensive than usual. A larger premium than on 65% of days in the past 5 years.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 1.27B. Growth 14.26%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 12.00% (beta 1.8). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 267.45M. Net debt 21.81B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Compare RCL

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2027-02-04—3.60—4.67B
2026-10-276.576.385.59B5.61B
2026-07-284.213.984.83B4.82B
2026-04-303.603.244.45B4.46B
2026-01-292.802.804.26B4.26B
2025-10-285.755.695.14B5.17B
2025-07-294.384.094.54B4.55B
2025-04-292.712.554.00B4.01B
2025-01-281.631.503.76B3.76B
2024-10-295.205.034.89B4.89B
2024-07-253.212.754.11B4.05B
2024-04-251.771.333.73B3.69B
2024-02-011.251.133.33B3.36B
2023-10-263.853.464.16B4.05B
2023-07-271.821.553.52B3.98B
2023-05-04-0.23-0.712.89B2.82B
2023-02-07-1.12-1.372.60B2.61B
2022-11-030.260.232.99B2.98B
2022-07-28-2.08-2.232.18B2.11B
2022-05-05-4.57-4.681.06B1.15B
2022-02-04-4.78-3.70982.25M1.04B
2021-10-29-4.91-4.48456.96M616.55M
2021-08-04-5.06-4.2650.91M50.91M
2021-04-29-4.44-4.5442.01M37.28M
2021-02-22-5.02-5.0434.14M45.54M
2020-10-29-5.62-4.9233.69M1.98B
2020-08-10-6.13-4.71175.60M138.08M
2020-05-20-1.48-0.812.03B1.76B
2020-02-041.421.422.52B2.52B
2019-10-304.274.313.19B3.22B
2019-07-252.542.452.81B2.71B
2019-05-011.311.112.44B2.07B
2019-01-301.531.512.33B2.32B
2018-10-253.983.972.80B2.79B
2018-08-022.272.012.34B2.07B
2018-04-261.090.972.03B1.80B
2018-01-241.341.202.00B1.80B
2017-11-073.493.402.57B2.50B
2017-08-011.711.672.20B2.14B
2017-04-280.990.922.01B1.87B

Dividends

Yield 1.84%. Payout ratio 17.29%. Frequency Quarterly.

Safety score 77/100 · Safe. Payout ratio is 17% of earnings. Dividends are larger than free cash flow. Dividends were paid in 29 separate years. Yield is 1.8%, in a range that is usually sustainable.

Ex-dateDividendRecordPaymentFrequency
2026-09-17$1.502026-09-172026-10-08Quarterly
2026-06-03$1.502026-06-032026-07-02Quarterly
2026-03-06$1.502026-03-062026-04-03Quarterly
2025-12-26$1.002025-12-262026-01-14Quarterly
2025-09-25$1.002025-09-252025-10-13Quarterly
2025-06-04$0.752025-06-042025-07-03Quarterly
2025-03-07$0.752025-03-072025-04-04Quarterly
2024-12-27$0.552024-12-272025-01-13Quarterly
2024-09-20$0.402024-09-202024-10-11Annual
2020-03-05$0.782020-03-062020-04-06Quarterly
2019-12-19$0.782019-12-202020-01-06Quarterly
2019-09-19$0.782019-09-202019-10-11Quarterly
2019-06-03$0.702019-06-042019-07-03Quarterly
2019-03-06$0.702019-03-072019-04-05Quarterly
2018-12-19$0.702018-12-202019-01-04Quarterly
2018-09-20$0.702018-09-212018-10-11Quarterly
2018-06-01$0.602018-06-042018-07-03Quarterly
2018-03-06$0.602018-03-072018-04-05Quarterly
2017-12-20$0.602017-12-212018-01-05Quarterly
2017-09-21$0.602017-09-222017-10-11Quarterly
2017-05-31$0.482017-06-022017-07-05Quarterly
2017-03-03$0.482017-03-072017-04-05Quarterly
2016-12-19$0.482016-12-212017-01-05Quarterly
2016-09-27$0.482016-09-292016-10-13Quarterly
2016-05-26$0.382016-05-312016-06-13Quarterly
2016-02-18$0.382016-02-222016-03-03Quarterly
2015-12-17$0.382015-12-212016-01-05Quarterly
2015-09-16$0.382015-09-182015-10-06Quarterly
2015-05-15$0.302015-05-192015-06-02Quarterly
2015-02-13$0.302015-02-182015-03-04Quarterly
2014-12-18$0.302014-12-222015-01-06Quarterly
2014-09-18$0.302014-09-222014-10-02Quarterly
2014-05-16$0.252014-05-202014-06-05Monthly
2014-02-13$0.252014-02-182014-03-04Irregular
2013-12-12$0.252013-12-162014-01-02Quarterly
2013-09-20$0.252013-09-242013-10-08Quarterly
2013-05-17$0.122013-05-212013-06-04Quarterly
2013-02-19$0.122013-02-212013-03-06Quarterly
2012-12-13$0.122012-12-172012-12-28Quarterly
2012-09-21$0.122012-09-252012-10-09Quarterly
2012-05-18$0.102012-05-222012-06-06Quarterly
2012-02-27$0.102012-02-292012-03-15Quarterly
2011-12-20$0.102011-12-222012-01-11Quarterly
2011-08-10$0.102011-08-122011-08-30Irregular
2008-09-11$0.152008-09-152008-09-29Semi-Annual
2008-06-04$0.152008-06-062008-06-20Quarterly
2008-03-13$0.152008-03-172008-04-01Quarterly
2007-12-26$0.152007-12-282008-01-08Quarterly
2007-09-26$0.152007-09-282007-10-10Quarterly
2007-06-15$0.152007-06-192007-06-29Quarterly
2007-02-27$0.152007-03-012007-03-30Quarterly
2006-12-20$0.152006-12-222006-12-29Quarterly
2006-09-27$0.152006-09-292006-10-10Quarterly
2006-06-07$0.152006-06-092006-06-30Quarterly
2006-02-27$0.152006-03-012006-03-30Quarterly
2005-12-14$0.152005-12-162005-12-29Quarterly
2005-09-22$0.152005-09-262005-10-07Quarterly
2005-06-08$0.132005-06-102005-06-29Quarterly
2005-02-25$0.132005-03-012005-03-30Quarterly
2004-12-21$0.132004-12-232004-12-31Quarterly
2004-09-09$0.132004-09-132004-09-29Quarterly
2004-05-27$0.132004-06-012004-06-29Quarterly
2004-02-26$0.132004-03-012004-03-30Quarterly
2003-12-17$0.132003-12-192003-12-30Quarterly
2003-09-24$0.132003-09-262003-10-09Quarterly
2003-06-02$0.132003-06-042003-06-27Quarterly
2003-02-27$0.132003-03-032003-03-28Quarterly
2002-12-11$0.132002-12-132002-12-30Quarterly
2002-09-13$0.132002-09-172002-09-30Quarterly
2002-06-03$0.132002-06-052002-06-27Quarterly
2002-03-14$0.132002-03-182002-03-29Quarterly
2001-12-13$0.132001-12-172001-12-28Quarterly
2001-09-17$0.13——Irregular
2001-06-04$0.132001-06-062001-06-28Quarterly
2001-02-27$0.132001-03-032001-03-29Quarterly
2000-12-15$0.132000-12-192000-12-29Quarterly
2000-09-14$0.132000-09-132000-09-29Quarterly
2000-06-05$0.112000-06-072000-06-29Quarterly
2000-02-28$0.112000-03-012000-03-30Quarterly
1999-12-01$0.111999-12-031999-12-29Quarterly

Insider trades

DateInsiderActionSharesPriceValue
2026-07-31Bunch TaraBuy683——
2026-07-29Bayley Michael WSell12.81K$315.994.05M
2026-07-16Bunch TaraOther0——
2026-05-28Wiernicki Christopher JBuy571——
2026-05-28Yeung RebeccaSell78$276.6221.58K
2026-05-28Wilhelmsen Arne AlexanderBuy831——
2026-05-28Wiernicki Christopher JBuy831——
2026-05-28Wiernicki Christopher JSell93$276.6225.73K
2026-05-28Thompson DonaldBuy831——
2026-05-28Thompson DonaldSell78$276.6221.58K
2026-05-28Sorensen Vagn OBuy831——
2026-05-28Ofer EyalBuy831——
2026-05-28MOORE ANN SSell78$276.6221.58K
2026-05-28Montiel Maritza GomezBuy831——
2026-05-28Montiel Maritza GomezSell78$276.6221.58K
2026-05-28McPherson AmyBuy831——
2026-05-28McPherson AmySell408$276.62112.86K
2026-05-28LEAVITT MICHAEL OBuy831——
2026-05-28LEAVITT MICHAEL OSell78$276.6221.58K
2026-05-28Howe Stephen R. Jr.Buy831——
2026-05-28Howe Stephen R. Jr.Sell78$276.6221.58K
2026-05-28Fain Richard DBuy831——
2026-05-28Brock JohnBuy831——
2026-05-28Brock JohnSell78$276.6221.58K
2026-03-01Wiernicki Christopher JBuy444——
2026-02-27Wilhelmsen Arne AlexanderSell152.51K$310.7847.40M
2026-02-27Wilhelmsen Arne AlexanderSell21.28K$311.226.62M
2026-02-27Wilhelmsen Arne AlexanderSell31.56K$312.539.86M
2026-02-27Wilhelmsen Arne AlexanderSell25.91K$313.488.12M
2026-02-27Wilhelmsen Arne AlexanderSell14.21K$314.404.47M
2026-02-26Wilhelmsen Arne AlexanderSell7.27K$315.622.29M
2026-02-26Wilhelmsen Arne AlexanderSell20.62K$316.926.53M
2026-02-26Wilhelmsen Arne AlexanderSell106.95K$317.7133.98M
2026-02-26Wilhelmsen Arne AlexanderSell156.63K$318.6449.91M
2026-02-26Wilhelmsen Arne AlexanderSell50.78K$319.5416.23M
2026-02-26Wilhelmsen Arne AlexanderSell13.78K$320.354.41M
2026-02-25Wilhelmsen Arne AlexanderSell42.24K$313.0113.22M
2026-02-25Wilhelmsen Arne AlexanderSell13.27K$314.114.17M
2026-02-25Wilhelmsen Arne AlexanderSell9.72K$315.163.06M
2026-02-25Wilhelmsen Arne AlexanderSell24.36K$316.247.70M
2026-02-25Wilhelmsen Arne AlexanderSell42.35K$317.3313.44M
2026-02-25Wilhelmsen Arne AlexanderSell33.42K$318.0810.63M
2026-02-25Wilhelmsen Arne AlexanderSell4.64K$318.871.48M
2026-02-25Wilhelmsen Arne AlexanderSell104$320.0433.28K
2026-02-24Wilhelmsen Arne AlexanderSell9.84K$310.583.05M
2026-02-24Wilhelmsen Arne AlexanderSell11.54K$311.423.59M
2026-02-24Wilhelmsen Arne AlexanderSell22.01K$312.566.88M
2026-02-24Wilhelmsen Arne AlexanderSell34.97K$313.2610.96M
2026-02-24Wilhelmsen Arne AlexanderSell16.02K$314.425.04M
2026-02-24Wilhelmsen Arne AlexanderSell26.45K$315.678.35M
2026-02-24Wilhelmsen Arne AlexanderSell121.14K$316.5938.35M
2026-02-24Wilhelmsen Arne AlexanderSell93.42K$317.3229.64M
2026-02-24Wilhelmsen Arne AlexanderSell9.72K$318.303.09M
2026-02-23Wilhelmsen Arne AlexanderSell20$310.126.20K
2026-02-23Wilhelmsen Arne AlexanderSell3.32K$314.801.05M
2026-02-23Wilhelmsen Arne AlexanderSell3.64K$315.301.15M
2026-02-23Wilhelmsen Arne AlexanderSell2.46K$316.85779.13K
2026-02-23Wilhelmsen Arne AlexanderSell2.72K$317.54864.34K
2026-02-23Wilhelmsen Arne AlexanderSell1.17K$318.48373.58K
2026-02-23Wilhelmsen Arne AlexanderSell3.33K$319.411.06M
2026-02-23Wilhelmsen Arne AlexanderSell2.48K$320.46794.74K
2026-02-20Wilhelmsen Arne AlexanderSell4.65K$310.541.44M
2026-02-20Wilhelmsen Arne AlexanderSell3.17K$311.43988.79K
2026-02-20Wilhelmsen Arne AlexanderSell2.01K$312.33626.85K
2026-02-20Wilhelmsen Arne AlexanderSell5.52K$313.491.73M
2026-02-20Wilhelmsen Arne AlexanderSell18.92K$314.565.95M
2026-02-20Wilhelmsen Arne AlexanderSell63.37K$315.2719.98M
2026-02-20Wilhelmsen Arne AlexanderSell11.40K$316.353.61M
2026-02-20Wilhelmsen Arne AlexanderSell266$317.0884.34K
2026-02-19Wilhelmsen Arne AlexanderSell58.98K$310.3818.30M
2026-02-19Wilhelmsen Arne AlexanderSell10.60K$311.553.30M
2026-02-19Wilhelmsen Arne AlexanderSell3.12K$312.31975.97K
2026-02-19Wilhelmsen Arne AlexanderSell1.98K$313.40621.47K
2026-02-19Wilhelmsen Arne AlexanderSell3.71K$314.681.17M
2026-02-19Wilhelmsen Arne AlexanderSell11.56K$315.643.65M
2026-02-19Wilhelmsen Arne AlexanderSell8.23K$316.152.60M
2026-02-19Wilhelmsen Arne AlexanderSell3.27K$317.101.04M
2026-02-19Wilhelmsen Arne AlexanderSell466$318.13148.25K
2026-02-18Wilhelmsen Arne AlexanderSell2.02K$317.26642.45K
2026-02-18Wilhelmsen Arne AlexanderSell17.88K$318.465.69M
2026-02-18Wilhelmsen Arne AlexanderSell30.17K$318.999.62M
2026-02-18Wilhelmsen Arne AlexanderSell659$320.01210.89K
2026-02-18Wilhelmsen Arne AlexanderSell1.18K$321.12378.92K
2026-02-18Wilhelmsen Arne AlexanderSell9.94K$322.343.20M
2026-02-18Wilhelmsen Arne AlexanderSell925$323.28299.03K
2026-02-18Wilhelmsen Arne AlexanderSell17.11K$324.435.55M
2026-02-18Wilhelmsen Arne AlexanderSell22.18K$325.247.21M
2026-02-18Wilhelmsen Arne AlexanderSell2.47K$326.03806.27K
2026-02-17Wilhelmsen Arne AlexanderSell6.20K$321.681.99M
2026-02-17Wilhelmsen Arne AlexanderSell24.18K$322.717.80M
2026-02-17Wilhelmsen Arne AlexanderSell41.34K$323.5913.38M
2026-02-17Wilhelmsen Arne AlexanderSell22.34K$324.717.25M
2026-02-17Wilhelmsen Arne AlexanderSell35.27K$325.5111.48M
2026-02-17Wilhelmsen Arne AlexanderSell23.57K$326.617.70M
2026-02-17Wilhelmsen Arne AlexanderSell8.70K$327.472.85M
2026-02-17Wilhelmsen Arne AlexanderSell7.29K$328.652.40M
2026-02-17Wilhelmsen Arne AlexanderSell10.50K$329.663.46M
2026-02-17Wilhelmsen Arne AlexanderSell609$330.28201.14K
2026-02-17Montiel Maritza GomezSell1.39K$327.18453.14K
2026-02-17BETHGE LAURA HSell7.85K$326.212.56M

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 1.30K, holders +51 vs prior quarter. Ownership 88.46%.

HolderSharesChangeChange %Value
CAPITAL RESEARCH GLOBAL INVESTORS34.26M6.00M+21.24%10.88B
CAPITAL INTERNATIONAL INVESTORS24.49M-557.58K-2.23%7.78B
BLACKROCK, INC.20.63M-1.43M-6.47%6.55B
CAPITAL WORLD INVESTORS18.67M-1.39M-6.94%5.93B
VANGUARD CAPITAL MANAGEMENT LLC16.03M-55.71K-0.35%5.09B
VANGUARD PORTFOLIO MANAGEMENT LLC12.25M-32.73K-0.27%3.89B
OSIRIS HOLDINGS INC.11.71M11.71MNew3.72B
STATE STREET CORP10.69M270.93K+2.60%3.41B
GEODE CAPITAL MANAGEMENT, LLC6.95M-102.84K-1.46%2.20B
JPMORGAN CHASE & CO3.77M337.18K+9.82%1.21B
MORGAN STANLEY3.19M80.20K+2.58%1.01B
SANDERS CAPITAL, LLC2.60M2.60MNew826.61M
NORTHERN TRUST CORP2.35M-23.78K-1.00%746.14M
SUSQUEHANNA INTERNATIONAL GROUP, LLP2.31M865.00K+59.79%734.07M
INVESCO LTD.2.28M-120.96K-5.04%723.95M
DIMENSIONAL FUND ADVISORS LP2.14M179.95K+9.20%678.65M
PRIMECAP MANAGEMENT CO/CA/2.11M-237.50K-10.12%669.80M
JUPITER TOPCO LLC1.88M1.88MNew597.35M
GOLDMAN SACHS GROUP INC1.75M-548.35K-23.85%555.97M
UBS GROUP AG1.73M251.22K+17.01%548.65M
BARCLAYS PLC1.62M1.07M+194.62%513.19M
NORGES BANK1.61M1.61MNew510.94M
CHARLES SCHWAB INVESTMENT MANAGEMENT INC1.52M-11.27K-0.73%483.89M
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P.1.52M1.52MNew483.89M
UBS GROUP AG1.52M42.04K+2.85%482.23M

Insights

Revenue by product
PeriodValue
FY2018Cruise Itinerary: 9125728000.0, Other Products And Services: 368121000.0
FY2019Cruise Itinerary: 10432213000.0, Other Products And Services: 518448000.0
FY2020Cruise Itinerary: 2014488000.0, Other Products And Services: 194317000.0
FY2021Cruise Itinerary: 1426372000.0, Other Products And Services: 105761000.0
FY2022Cruise Itinerary: 8382291000.0, Other Products And Services: 458249000.0
FY2023Cruise Itinerary: 13232000000.0, Other Products And Services: 668000000.0
FY2024Cruise Itinerary: 15696000000.0, Other Products And Services: 788000000.0
FY2025Cruise Itinerary: 17071000000.0, Other Products And Services: 864000000.0
Revenue by region
PeriodValue
FY2018Asia Pacific: 1463083000.0, Europe: 1914549000.0, North America: 5399951000.0, Other Region: 348145000.0
FY2019Asia Pacific: 1529898000.0, Europe: 1942057000.0, North America: 6392354000.0, Other Region: 567904000.0
FY2020Asia Pacific: 411865000.0, Europe: 18604000.0, North America: 1342429000.0, Other Region: 241590000.0
FY2021Asia Pacific: 128348000.0, Europe: 180256000.0, North America: 1039783000.0, Other Region: 77985000.0
FY2022Asia Pacific: 372237000.0, Europe: 1754205000.0, North America: 5716169000.0, Other Region: 539680000.0
FY2023Asia Pacific: 993000000.0, Europe: 2685000000.0, North America: 8707000000.0, Other Region: 847000000.0
FY2024Asia Pacific: 1380000000.0, Europe: 2697000000.0, North America: 10594000000.0, Other Region: 1025000000.0
FY2025Asia Pacific: 1716000000.0, Europe: 2951000000.0, North America: 11542000000.0, Other Region: 862000000.0

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Royal Caribbean Cruises (RCL) Stock Insights

RCL$298.30+2.38 +0.80%

$79.78B

Market Cap

17.60

P/E

16.76

Forward P/E

48

Score

Price History