Royal Caribbean Cruises Ltd.

As of September 30, 2026, Royal Caribbean Cruises Ltd. carries a market capitalization of 71.11B, placing it among publicly traded companies globally. Its enterprise value stands at 93.63B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Royal Caribbean Cruises Ltd.'s next confirmed earnings release is scheduled for February 4, 2027.

As of September 30, 2026, Royal Caribbean Cruises Ltd. has 267.47M shares outstanding.

As of September 30, 2026, Royal Caribbean Cruises Ltd. trades at a trailing price-to-earnings ratio of 15.71. The price-to-sales ratio is 3.74, and the price-to-book ratio stands at 6.07.

As of September 30, 2026, Royal Caribbean Cruises Ltd. trades at an EV/EBITDA multiple of 13.11 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 4.89 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 17.76 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Royal Caribbean Cruises Ltd. trades at an EV/FCF ratio of 36.48, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 93.63B versus a market cap of 71.11B, with the gap driven by net debt and cash on the balance sheet.

As of September 30, 2026, Royal Caribbean Cruises Ltd. maintains a current ratio of 0.22, meaning it holds 0.2x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 194.49, indicating elevated leverage, while an interest coverage ratio of 6.66 demonstrates adequate ability to service its debt obligations.

Over the twelve months ended September 30, 2026, Royal Caribbean Cruises Ltd. posted a return on equity (ROE) of 41.74, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 15.67 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 10.72, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 16.81, useful for judging operating efficiency across full business cycles. The company generates approximately 177,157.41 in revenue per employee across its workforce of 108,000.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 34.02 indicates how many times Royal Caribbean Cruises Ltd. sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended September 30, 2026, Royal Caribbean Cruises Ltd. recorded 67.00M in income tax expense. That works out to an effective tax rate of 1.42, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 4.73B, leaving 4.55B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on November 4, 2026, Royal Caribbean Cruises Ltd.'s stock has gained approximately 29.44% over the past 52 weeks. The 50-day moving average sits at 273.62, while the 200-day moving average is 287.14.

Over the twelve months ended September 30, 2026, Royal Caribbean Cruises Ltd. generated 19.13B in revenue and converted that into 4.55B in net income, yielding earnings per share of 16.98. EBITDA reached 7.14B, while operating income came in at 5.27B.

As of September 30, 2026, Royal Caribbean Cruises Ltd. holds 851.00M in cash and equivalents against 23.17B in total debt, resulting in a net debt position of 21.50B. Total book value stands at 11.71B, with working capital of -8.94B providing operational flexibility.

Royal Caribbean Cruises Ltd. produced 6.90B in operating cash flow over the twelve months ended September 30, 2026. After subtracting -5.39B in capital expenditures, free cash flow totaled 1.51B - equivalent to 5.61 per share.

Over the twelve months ended September 30, 2026, Royal Caribbean Cruises Ltd. posted a gross margin of 49.06, reflecting its pricing power and cost economics. The operating margin of 27.56 and net profit margin of 23.79 provide insight into operational efficiency.

Over the twelve months ended September 30, 2026, Royal Caribbean Cruises Ltd. paid dividends of 5.01 per share. The dividend payout ratio of 29.18 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 2.10, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 1.63, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Royal Caribbean Cruises Ltd. shareholders.

Royal Caribbean Cruises Ltd.'s most recent stock split took place on August 3, 1998 with a 1:2 split ratio.

As of September 30, 2026, Royal Caribbean Cruises Ltd. has an Altman Z-Score of 2.15, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.