RCL Stock Analysis: Royal Caribbean Cruises | NYSE
Travel Services | NYSE, USA | Market Cap: 78.726m USD | 12M Return: -11.9% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 681M
EPS Trend: 79.1%
Qual. Beats: 1
Rev. Trend: 96.7%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Royal Caribbean Cruises Ltd. (NYSE: RCL) is a global cruise operator headquartered in Miami, Florida, founded in 1968 and listed on the NYSE since 1993. The company runs a multi-brand portfolio that includes Royal Caribbean International, Celebrity Cruises, and Silversea Cruises, collectively operating 69 ships as of December 31, 2025, offering a range of itineraries worldwide.
Classified within the Consumer Discretionary sector under the Hotels, Resorts & Cruise Lines sub-industry, RCL operates a capital-intensive business model in which owning and operating vessels is central to revenue generation. Like other cruise operators, the company is part of a globally consolidated industry in which a small number of large players dominate capacity, and demand tends to be sensitive to macroeconomic conditions and discretionary consumer spending.
- Net yields and onboard spending accelerate revenue growth
- Icon-class ship deliveries expand fleet capacity through 2027
- Fuel cost volatility pressures cruise operating margins
| Net Income: 4.48b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -2.37 > 1.0 |
| NWC/Revenue: -48.19% < 20% (prev -50.56%; Δ 2.37% < -1%) |
| CFO/TA 0.16 > 3% & CFO 6.67b > Net Income 4.48b |
| Net Debt (22.0b) to EBITDA (7.23b): 3.04 < 3 |
| Current Ratio: 0.20 > 1.5 & < 3 |
| Outstanding Shares: last quarter (271.0m) vs 12m ago -1.81% < -2% |
| Gross Margin: 47.23% > 18% (prev 48.24%; Δ -1.01% > 0.5%) |
| Asset Turnover: 46.29% > 50% (prev 44.74%; Δ 1.55% > 0%) |
| Interest Coverage Ratio: 5.45 > 6 (EBIT TTM 5.56b / Interest Expense TTM 1.02b) |
| A: -0.21 (Total Current Assets 2.20b - Total Current Liabilities 11.1b) / Total Assets 42.0b |
| B: 0.15 (Retained Earnings 6.46b / Total Assets 42.0b) |
| C: 0.14 (EBIT TTM 5.56b / Avg Total Assets 39.7b) |
| D: 0.31 (Book Value of Equity 9.81b / Total Liabilities 32.0b) |
| Altman-Z'' = 0.38 = B |
| DSRI: 1.02 (Receivables 479.0m/427.0m, Revenue 18.4b/16.8b) |
| GMI: 1.02 (GM 48.24% / 47.23%) |
| AQI: 0.96 (AQ_t 0.08 / AQ_t-1 0.08) |
| SGI: 1.10 (Revenue 18.4b / 16.8b) |
| TATA: -0.05 (NI 4.48b - CFO 6.67b) / TA 42.0b) |
| Beneish M = -2.95 (Cap -4..+1) = A |
As of July 28, 2026, the stock is trading at USD 305.04 with a total of 3,438,927 shares traded. Over the past week, the price has changed by +6.60%, over one month by -5.10%, over three months by +18.45% and over the past year by -11.86%.
Current recommended Stop Loss: 289.90 (which is 5% or 1.4 ATR below the current price).
Royal Caribbean Cruises has received a consensus analysts rating of 4.33. Therefore, it is recommended to buy RCL.
- StrongBuy: 15
- Buy: 6
- Hold: 6
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 337 | 10.5% |
P/E Trailing = 17.9206
P/E Forward = 17.0068
P/S = 4.2814
P/B = 8.0251
P/EG = 1.4036
Revenue TTM = 18.4b USD
EBIT TTM = 5.56b USD
EBITDA TTM = 7.23b USD
Long Term Debt = 19.7b USD (from longTermDebt, last quarter)
Short Term Debt = 1.53b USD (from shortTermDebt, last quarter)
Debt = 22.5b USD (from shortLongTermDebtTotal, last quarter) + Leases 678.0m
Net Debt = 22.0b USD (calculated: Debt 22.5b - CCE 512.0m)
Enterprise Value = 101b USD (78.7b + Debt 22.5b - CCE 512.0m)
Interest Coverage Ratio = 5.45 (Ebit TTM 5.56b / Interest Expense TTM 1.02b)
EV/FCF = 73.44x (Enterprise Value 101b / FCF TTM 1.37b)
FCF Yield = 1.36% (FCF TTM 1.37b / Enterprise Value 101b)
FCF Margin = 7.46% (FCF TTM 1.37b / Revenue TTM 18.4b)
Net Margin = 24.39% (Net Income TTM 4.48b / Revenue TTM 18.4b)
Gross Margin = 47.23% ((Revenue TTM 18.4b - Cost of Revenue TTM 9.70b) / Revenue TTM)
Gross Margin QoQ = 49.53% (prev 36.72%)
Tobins Q-Ratio = 2.40 (Enterprise Value 101b / Total Assets 42.0b)
Interest Expense / Debt = 4.54% (Interest Expense 1.02b / Debt 22.5b)
Taxrate = 2.66% (26.0m / 976.0m)
NOPAT = 5.42b (EBIT 5.56b * (1 - 2.66%))
Current Ratio = 0.20 (Total Current Assets 2.20b / Total Current Liabilities 11.1b)
Debt / Equity = 2.29 (Debt 22.5b / totalStockholderEquity, last quarter 9.81b)
Debt / EBITDA = 3.04 (Net Debt 22.0b / EBITDA 7.23b)
Debt / FCF = 16.02 (Net Debt 22.0b / FCF TTM 1.37b)
Total Stockholder Equity = 9.78b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.29% (Net Income 4.48b / Total Assets 42.0b)
RoE = 45.86% (Net Income TTM 4.48b / Total Stockholder Equity 9.78b)
RoCE = 18.90% (EBIT 5.56b / Capital Employed (Equity 9.78b + L.T.Debt 19.7b))
RoIC = 16.96% (NOPAT 5.42b / Invested Capital 31.9b)
WACC = 9.39% (E(78.7b)/V(101b) * Re(10.81%) + D(22.5b)/V(101b) * Rd(4.54%) * (1-Tc(0.03)))
Discount Rate = 10.81% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -49.38 | Cagr: -1.44%
[DCF] Terminal Value 69.30% ; FCFF base≈1.67b ; Y1≈1.46b ; Y5≈1.18b
[DCF] Fair Price = N/A (negative equity: EV 16.2b - Net Debt 22.0b = -5.78b; debt exceeds intrinsic value)
EPS Correlation: 79.08 | EPS CAGR: 114.0% | SUE: 2.34 | # QB: 1
Revenue Correlation: 96.75 | Revenue CAGR: 15.19% | SUE: -0.71 | # QB: 0
EPS current Quarter (2026-06-30): EPS=3.98 | Chg30d=+1.30% | Revisions=+0% | Analysts=22
EPS next Quarter (2026-09-30): EPS=6.26 | Chg30d=-1.10% | Revisions=+40% | Analysts=22
EPS current Year (2026-12-31): EPS=17.34 | Chg30d=+0.01% | Revisions=+25% | GrowthEPS=+10.8% | GrowthRev=+9.3%
EPS next Year (2027-12-31): EPS=19.99 | Chg30d=-0.14% | Revisions=-17% | GrowthEPS=+15.3% | GrowthRev=+7.3%
[Analyst] Revisions Ratio: +18% (up=5, down=3)