ROYAL CARIBBEAN CRUISES LTD (RCL) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:RCL • LR0008862868

328.105 USD
-0.54 (-0.17%)
Last: Feb 5, 2026, 11:02 AM
Fundamental Rating

5

RCL gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 132 industry peers in the Hotels, Restaurants & Leisure industry. While RCL has a great profitability rating, there are quite some concerns on its financial health. RCL is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • RCL had positive earnings in the past year.
  • RCL had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: RCL reported negative net income in multiple years.
  • Of the past 5 years RCL 4 years had a positive operating cash flow.
RCL Yearly Net Income VS EBIT VS OCF VS FCFRCL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B -4B 6B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 10.26%, RCL belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
  • With an excellent Return On Equity value of 42.53%, RCL belongs to the best of the industry, outperforming 89.39% of the companies in the same industry.
  • RCL has a better Return On Invested Capital (13.14%) than 79.55% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for RCL is in line with the industry average of 10.39%.
  • The 3 year average ROIC (11.33%) for RCL is below the current ROIC(13.14%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 10.26%
ROE 42.53%
ROIC 13.14%
ROA(3y)7.62%
ROA(5y)0.03%
ROE(3y)38.83%
ROE(5y)-12.42%
ROIC(3y)11.33%
ROIC(5y)N/A
RCL Yearly ROA, ROE, ROICRCL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -50 -100

1.3 Margins

  • RCL has a better Profit Margin (23.80%) than 95.45% of its industry peers.
  • RCL's Operating Margin of 27.41% is amongst the best of the industry. RCL outperforms 93.94% of its industry peers.
  • With a Gross Margin value of 50.25%, RCL perfoms like the industry average, outperforming 57.58% of the companies in the same industry.
  • In the last couple of years the Gross Margin of RCL has grown nicely.
Industry RankSector Rank
OM 27.41%
PM (TTM) 23.8%
GM 50.25%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y22.47%
GM growth 5YN/A
RCL Yearly Profit, Operating, Gross MarginsRCL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -100 -200 -300

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

2

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), RCL is creating some value.
  • The number of shares outstanding for RCL has been increased compared to 1 year ago.
  • RCL has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for RCL has been reduced compared to a year ago.
RCL Yearly Shares OutstandingRCL Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M 250M
RCL Yearly Total Debt VS Total AssetsRCL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B

2.2 Solvency

  • An Altman-Z score of 2.44 indicates that RCL is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • The Altman-Z score of RCL (2.44) is better than 65.91% of its industry peers.
  • The Debt to FCF ratio of RCL is 17.27, which is on the high side as it means it would take RCL, 17.27 years of fcf income to pay off all of its debts.
  • With a Debt to FCF ratio value of 17.27, RCL perfoms like the industry average, outperforming 49.24% of the companies in the same industry.
  • A Debt/Equity ratio of 1.81 is on the high side and indicates that RCL has dependencies on debt financing.
  • RCL has a Debt to Equity ratio of 1.81. This is comparable to the rest of the industry: RCL outperforms 52.27% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.81
Debt/FCF 17.27
Altman-Z 2.44
ROIC/WACC1.67
WACC7.86%
RCL Yearly LT Debt VS Equity VS FCFRCL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B -5B 10B 15B 20B

2.3 Liquidity

  • A Current Ratio of 0.18 indicates that RCL may have some problems paying its short term obligations.
  • The Current ratio of RCL (0.18) is worse than 93.18% of its industry peers.
  • A Quick Ratio of 0.16 indicates that RCL may have some problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 0.16, RCL is doing worse than 93.18% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.18
Quick Ratio 0.16
RCL Yearly Current Assets VS Current LiabilitesRCL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 32.43% over the past year.
  • The Revenue has grown by 8.80% in the past year. This is quite good.
  • The Revenue has been growing by 52.02% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)32.43%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%71.78%
Revenue 1Y (TTM)8.8%
Revenue growth 3Y26.59%
Revenue growth 5Y52.02%
Sales Q2Q%13.24%

3.2 Future

  • The Earnings Per Share is expected to grow by 13.80% on average over the next years. This is quite good.
  • The Revenue is expected to grow by 8.25% on average over the next years. This is quite good.
EPS Next Y15.95%
EPS Next 2Y15.32%
EPS Next 3Y15.19%
EPS Next 5Y13.8%
Revenue Next Year9.8%
Revenue Next 2Y8.52%
Revenue Next 3Y8.77%
Revenue Next 5Y8.25%

3.3 Evolution

  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
RCL Yearly Revenue VS EstimatesRCL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 10B 20B 30B
RCL Yearly EPS VS EstimatesRCL Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 0 20 40

More info and screens

Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 20.98, which indicates a rather expensive current valuation of RCL.
  • Based on the Price/Earnings ratio, RCL is valued a bit cheaper than 67.42% of the companies in the same industry.
  • RCL is valuated rather cheaply when we compare the Price/Earnings ratio to 28.25, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 18.09 indicates a rather expensive valuation of RCL.
  • Based on the Price/Forward Earnings ratio, RCL is valued a bit cheaper than the industry average as 67.42% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.50, RCL is valued a bit cheaper.
Industry RankSector Rank
PE 20.98
Fwd PE 18.09
RCL Price Earnings VS Forward Price EarningsRCL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

  • RCL's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. RCL is more expensive than 61.36% of the companies in the same industry.
  • RCL's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 72.39
EV/EBITDA 16.6
RCL Per share dataRCL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

  • RCL's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • The decent profitability rating of RCL may justify a higher PE ratio.
  • A more expensive valuation may be justified as RCL's earnings are expected to grow with 15.19% in the coming years.
PEG (NY)1.32
PEG (5Y)N/A
EPS Next 2Y15.32%
EPS Next 3Y15.19%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 1.07%, RCL has a reasonable but not impressive dividend return.
  • RCL's Dividend Yield is a higher than the industry average which is at 1.25.
  • With a Dividend Yield of 1.07, RCL pays less dividend than the S&P500 average, which is at 1.82.
Industry RankSector Rank
Dividend Yield 1.07%

5.2 History

  • The dividend of RCL has a limited annual growth rate of 1.16%.
  • RCL has been paying a dividend for at least 10 years, so it has a reliable track record.
  • The dividend of RCL decreased recently.
Dividend Growth(5Y)1.16%
Div Incr Years1
Div Non Decr Years1
RCL Yearly Dividends per shareRCL Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2024 2025 1 2 3

5.3 Sustainability

  • 19.30% of the earnings are spent on dividend by RCL. This is a low number and sustainable payout ratio.
  • The dividend of RCL is growing, but earnings are growing more, so the dividend growth is sustainable.
DP19.3%
EPS Next 2Y15.32%
EPS Next 3Y15.19%
RCL Yearly Income VS Free CF VS DividendRCL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B -4B
RCL Dividend Payout.RCL Dividend Payout, showing the Payout Ratio.RCL Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

ROYAL CARIBBEAN CRUISES LTD

NYSE:RCL (2/5/2026, 11:02:09 AM)

328.105

-0.54 (-0.17%)

Chartmill FA Rating
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)01-29
Earnings (Next)04-27
Inst Owners82.68%
Inst Owner Change-1.65%
Ins Owners0.25%
Ins Owner Change-0.15%
Market Cap89.48B
Revenue(TTM)17.93B
Net Income(TTM)4.27B
Analysts80.63
Price Target355.99 (8.5%)
Short Float %4.03%
Short Ratio4.45
Dividend
Industry RankSector Rank
Dividend Yield 1.07%
Yearly Dividend3.06
Dividend Growth(5Y)1.16%
DP19.3%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.28%
Min EPS beat(2)-0.94%
Max EPS beat(2)0.37%
EPS beat(4)3
Avg EPS beat(4)2.77%
Min EPS beat(4)-0.94%
Max EPS beat(4)6.12%
EPS beat(8)7
Avg EPS beat(8)8.52%
EPS beat(12)11
Avg EPS beat(12)14.05%
EPS beat(16)14
Avg EPS beat(16)14.3%
Revenue beat(2)0
Avg Revenue beat(2)-1.27%
Min Revenue beat(2)-1.48%
Max Revenue beat(2)-1.07%
Revenue beat(4)0
Avg Revenue beat(4)-1.29%
Min Revenue beat(4)-1.48%
Max Revenue beat(4)-1.07%
Revenue beat(8)1
Avg Revenue beat(8)-0.86%
Revenue beat(12)4
Avg Revenue beat(12)-0.34%
Revenue beat(16)5
Avg Revenue beat(16)-0.71%
PT rev (1m)1.11%
PT rev (3m)-6.1%
EPS NQ rev (1m)0.08%
EPS NQ rev (3m)-3.07%
EPS NY rev (1m)0.03%
EPS NY rev (3m)-0.15%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.65%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.32%
Valuation
Industry RankSector Rank
PE 20.98
Fwd PE 18.09
P/S 4.99
P/FCF 72.39
P/OCF 13.84
P/B 8.91
P/tB 9.7
EV/EBITDA 16.6
EPS(TTM)15.64
EY4.77%
EPS(NY)18.13
Fwd EY5.53%
FCF(TTM)4.53
FCFY1.38%
OCF(TTM)23.71
OCFY7.23%
SpS65.77
BVpS36.8
TBVpS33.84
PEG (NY)1.32
PEG (5Y)N/A
Graham Number113.81
Profitability
Industry RankSector Rank
ROA 10.26%
ROE 42.53%
ROCE 16.63%
ROIC 13.14%
ROICexc 13.51%
ROICexgc 13.9%
OM 27.41%
PM (TTM) 23.8%
GM 50.25%
FCFM 6.89%
ROA(3y)7.62%
ROA(5y)0.03%
ROE(3y)38.83%
ROE(5y)-12.42%
ROIC(3y)11.33%
ROIC(5y)N/A
ROICexc(3y)11.58%
ROICexc(5y)N/A
ROICexgc(3y)12.05%
ROICexgc(5y)N/A
ROCE(3y)14.35%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y22.47%
GM growth 5YN/A
F-Score8
Asset Turnover0.43
Health
Industry RankSector Rank
Debt/Equity 1.81
Debt/FCF 17.27
Debt/EBITDA 2.74
Cap/Depr 304.37%
Cap/Sales 29.16%
Interest Coverage 5.69
Cash Conversion 97.45%
Profit Quality 28.95%
Current Ratio 0.18
Quick Ratio 0.16
Altman-Z 2.44
F-Score8
WACC7.86%
ROIC/WACC1.67
Cap/Depr(3y)258.82%
Cap/Depr(5y)228.31%
Cap/Sales(3y)25.67%
Cap/Sales(5y)50.64%
Profit Quality(3y)44.18%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)32.43%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%71.78%
EPS Next Y15.95%
EPS Next 2Y15.32%
EPS Next 3Y15.19%
EPS Next 5Y13.8%
Revenue 1Y (TTM)8.8%
Revenue growth 3Y26.59%
Revenue growth 5Y52.02%
Sales Q2Q%13.24%
Revenue Next Year9.8%
Revenue Next 2Y8.52%
Revenue Next 3Y8.77%
Revenue Next 5Y8.25%
EBIT growth 1Y19.15%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year55.54%
EBIT Next 3Y23.89%
EBIT Next 5Y15.58%
FCF growth 1Y-38.11%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y22.79%
OCF growth 3Y137.62%
OCF growth 5YN/A

ROYAL CARIBBEAN CRUISES LTD / RCL FAQ

Can you provide the ChartMill fundamental rating for ROYAL CARIBBEAN CRUISES LTD?

ChartMill assigns a fundamental rating of 5 / 10 to RCL.


What is the valuation status of ROYAL CARIBBEAN CRUISES LTD (RCL) stock?

ChartMill assigns a valuation rating of 4 / 10 to ROYAL CARIBBEAN CRUISES LTD (RCL). This can be considered as Fairly Valued.


How profitable is ROYAL CARIBBEAN CRUISES LTD (RCL) stock?

ROYAL CARIBBEAN CRUISES LTD (RCL) has a profitability rating of 7 / 10.


Can you provide the expected EPS growth for RCL stock?

The Earnings per Share (EPS) of ROYAL CARIBBEAN CRUISES LTD (RCL) is expected to grow by 15.95% in the next year.


Is the dividend of ROYAL CARIBBEAN CRUISES LTD sustainable?

The dividend rating of ROYAL CARIBBEAN CRUISES LTD (RCL) is 5 / 10 and the dividend payout ratio is 19.3%.