Royal Caribbean Group

Royal Caribbean Group

RCL

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Market Cap$76.34B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Royal Caribbean GroupRoyal Caribbean Group17.11.49%46%4.22.9

Earnings Call Q1 2026

April 30, 2026 - AI Summary

Strong Q1 Performance and Growth: - Royal Caribbean Group reported a 33% increase in adjusted earnings per share (EPS) year-over-year at $3.60, surpassing guidance by $0.37. Revenue grew 11% year-over-year, reflecting strong consumer engagement and demand for vacation experiences. The company delivered 12% more vacations compared to the previous year with a net yield growth of 2%.
Outlook for FY 2026: - The company expects double-digit revenue growth for the full year, with adjusted EPS forecasted in the range of $17.10 to $17.50. Net yield growth is projected at 1.5% to 2.5%, adjusting for recent geopolitical events affecting Mediterranean itineraries and high air travel costs. Total capacity growth is expected to be 6.7%, with the Caribbean and Mediterranean being key regions.
Geopolitical Impact and Challenges: - The ongoing conflict in the Middle East has impacted operational aspects, including temporarily pausing two TUI Cruise ships. Geopolitical developments also moderated bookings for high-yield Mediterranean sailings and specific West Coast itineraries, leading to slightly reduced yield forecasts for Q2 and Q3. While bookings have rebounded recently, investors should note the potential risks to upcoming quarters.

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$343.21

Target Price by Analysts

19.8% upsideRoyal Caribbean Group Target Price DetailsTarget Price
$146.63

Current Fair Value

48.8% downside

Overvalued by 48.8% based on the discounted cash flow analysis.

Share Statistics

Market cap$76.34 Billion
Enterprise Value$104.16 Billion
Dividend Yield$5.00 (1.49%)
Earnings per Share$15.73
Beta1.78
Outstanding Shares270,000,000

Return

Return on Equity45.71%ROE
Return on Assets10.68%
Return on Invested Capital17.68%

Valuation & Multiples

P/E Ratio17.14P/E Ratio
PEG59.3PEG
Price to Sales4.21Price to Sales
Price to Book Ratio7.74Price to Book Ratio
Enterprise Value to Revenue5.66
Enterprise Value to EBIT19.05
Enterprise Value to Net Income23
Total Debt to Enterprise0.27
Debt to Equity2.89Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 5, 2026
EPS Estimate
$3.20
Average shareholder expectation
Revenue Estimate
$4.46 B
Average shareholder expectation

Next Earnings Call

Expected Date
August 4, 2026
EPS Estimate
$3.91
Average shareholder expectation
Revenue Estimate
$4.81 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio1.1241 22.11%
Total Calls4,710,296 20.99%
Total Puts5,294,688 50.62%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %82.35% 0.17%
Total Invested$61.34B 1.68%
Investors Holding1,241 28.00%

ESG Score

No data

About Royal Caribbean Group

CEO: Richard Fain

Relevant Senate Committees

Joint Committee on Taxation

This committee's non-partisan analysis and 'revenue estimates' are foundational to all tax legislation. Its technical expertise directly shapes corporate tax structures and capital investment incentives, which significantly impact Royal Caribbean's financial planning and profitability.

Finance

As the primary tax-writing committee, it directly impacts Royal Caribbean's profitability through corporate tax policies, international tax regulations, and potential travel-related taxes or levies. Trade policies also affect supply chain costs.

Health, Education, Labor, and Pensions

This committee directly influences labor laws, which are critical for Royal Caribbean's extensive international workforce and crewing operations. It also impacts health and safety regulations (e.g., CDC guidelines during pandemics) relevant to passenger health and cruise operations.

Commerce, Science, and Transportation

This committee has vast jurisdiction over interstate commerce and transportation. It can influence maritime safety standards, consumer protection rules for travel, and broader shipping regulations that directly impact Royal Caribbean's operations and passenger experience.

Energy and Natural Resources

Fuel (bunker fuel) is a major operating expense for cruise lines. This committee's influence on national energy policy, pricing, and availability directly impacts Royal Caribbean Group's profitability and operational costs.

Environment and Public Works

This committee regulates the EPA, which sets crucial environmental standards for cruise ship operations, including emissions, waste management, and ocean protection, directly impacting Royal Caribbean's operating costs and compliance requirements.

Foreign Relations

As an international cruise line, Royal Caribbean Group is highly susceptible to U.S. foreign policy, travel advisories from the State Department, sanctions, and international treaties, all of which directly impact its routes, port access, and passenger safety perceptions.