Royal Caribbean Cruises Ltd. — RCL
| Close Price | Market Cap | P/E Ratio | Forward P/E Ratio | Implied Growth* | Implied Forward Growth* | Dividend | P/B Ratio |
|---|---|---|---|---|---|---|---|
| $279.33 | $76.18B | 18.8 | 15.8 | 10.7% | 8.8% | $3.50 1.3% | 7.5 |
Latest Headlines
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Revenue & Net Income
| Date | Revenue | Net Income | EPS | Revenue Change | Net Income Change | EPS Change | |
|---|---|---|---|---|---|---|---|
| 0 | 2020-12-31 | $2.2B | $-5.8B | $-27.05 | N/A | N/A | N/A |
| 1 | 2021-12-31 | $1.5B | $-5.3B | $-20.89 | -30.6% | -9.3% | -22.8% |
| 2 | 2022-12-31 | $8.8B | $-2.2B | $-8.45 | 477.0% | -59.0% | -59.6% |
| 3 | 2023-12-31 | $13.9B | $1.7B | $6.63 | 57.2% | -178.7% | -178.5% |
| 4 | 2024-12-31 | $16.5B | $2.9B | $11.00 | 18.6% | 69.5% | 65.9% |
| 5 | TTM 2025-03-31 | $16.8B | $3.2B | $12.28 | 1.6% | 12.9% | 11.6% |
| 6 | Average | 104.8% | -32.9% | -36.7% |
EPS
Forecasts
Y/Y % Change
RCL Year-over-Year Growth
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Average | |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth (%) | -30.6% | 477.0% | 57.2% | 18.6% | 8.8% | 9.3% | 90.0% | |
| Revenue Analysts (#) | 0 | 0 | 0 | 0 | 0 | 7 | 7 | |
| EPS Growth (%) | -9.3% | -59.0% | -178.7% | 69.5% | 48.3% | 14.1% | -19.2% | |
| EPS Analysts (#) | 0 | 0 | 0 | 0 | 0 | 7 | 7 |
Expenses
| Year | Revenue ($) | Cost of Revenue ($) | SG&A ($) | Facilities / D&A ($) |
|---|---|---|---|---|
| 2021 | $1.5B | $1.4B | $1.4B | $1.3B |
| 2022 | $8.8B | $5.2B | $1.6B | $1.4B |
| 2023 | $13.9B | $6.3B | $1.8B | $1.5B |
| 2024 | $16.5B | $7.1B | $2.1B | $1.6B |
| TTM | $17.4B | $7.2B | $2.3B | $1.7B |
| Year | Revenue Change (%) | Cost of Revenue Change (%) | SG&A Change (%) | Facilities / D&A Change (%) |
|---|---|---|---|---|
| 2022 | 477.02 | 260.24 | 15.55 | 8.82 |
| 2023 | 57.24 | 21.33 | 13.20 | 3.41 |
| 2024 | 18.60 | 11.58 | 18.58 | 9.97 |
| TTM | 5.77 | 2.34 | 6.59 | 4.69 |
No unmapped expenses.
Balance Sheet
| Metric | Value | |
|---|---|---|
| 0 | Total Assets | $38,542M |
| 1 | Cash | $735M |
| 2 | Total Liabilities | $29,182M |
| 3 | Total Debt | $19,737M |
| 4 | Total Equity | $9,169M |
| 5 | Debt to Equity Ratio | 2.15 |
EPS & Dividend
Valuation
| Share Price | Treasury Yield | Estimates | Fair Value (P/E) | Fair Value (P/S) | Current P/S | Current P/E |
|---|---|---|---|---|---|---|
| $279.33 | 4.1% | Nicks Growth: 10% Nick's Expected Margin: 12% FINVIZ Growth: 20% |
Nicks: 18 Finviz: 43 |
Nick's: 2.121 | 4.4 | 18.8 |
| Basis | Year | Nicks Valuation | Nicks vs Share Price | Finviz Valuation | Finviz vs Share Price |
|---|---|---|---|---|---|
| $14.85 EPS | TTM | $262.45 | -6.0% | $643.89 | 130.5% |
| $15.64 EPS | 2025 | $276.41 | -1.0% | $678.14 | 142.8% |
| $17.85 EPS | 2026 | $315.47 | 12.9% | $773.97 | 177.1% |
Implied Growth
| Average | Median | Std Dev | Current | Percentile | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| TTM | Forward | TTM | Forward | TTM | Forward | TTM | Forward | TTM | Forward | |
| Timeframe | ||||||||||
| 1 Year | 12.63% | 11.86% | 13.06% | 12.32% | 1.83% | 1.55% | 11.16% | 9.28% | 30.0% | 8.7% |
| 3 Years | 12.63% | 11.86% | 13.06% | 12.32% | 1.83% | 1.55% | 11.16% | 9.28% | 30.0% | 8.7% |
| 5 Years | 12.63% | 11.86% | 13.06% | 12.32% | 1.83% | 1.55% | 11.16% | 9.28% | 30.0% | 8.7% |
| 10 Years | 12.63% | 11.86% | 13.06% | 12.32% | 1.83% | 1.55% | 11.16% | 9.28% | 30.0% | 8.7% |