Friday 6 November 2026 Export RCL’s income statement to Excel — free account

Royal Caribbean Cruises Ltd.

Royal Caribbean Cruises Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $17.9 billion, up 8.80% from fiscal 2024.

Revenue: +8.80%
EPS: +11.6%
Free cash flow: +194.7%
Total debt: +10.2%

Quarter to September 2026, against a year earlier

322.63 10.52 −3.16%

Follow RCL

Alert me

Market cap: $86.3B
P/E: 19.0×
Fwd P/E: 17.4×
Dividend yield: 1.70%
F-score: 7/9
Altman Z: 2.18
Beneish M: −2.86
Dividend safety: 57/100

Overview Business Profile Earnings & Analysis Valuation Filings

	Older periods	Dec '25	Mar '26	Jun '26	Sep '26
P/E ratio Full definition →	+8 more quarters Free account	17.73	16.67	19.52	15.69
P/S ratio Full definition →		4.21	4.04	4.56	3.71
P/FCF ratio Full definition →		61.15	54.19	0.00	47.01
P/Operating CF Full definition →		46.57	40.51	45.75	44.93
P/B ratio Full definition →		7.38	7.41	8.13	5.96
Price to Tangible BV Full definition →		8.01	8.06	8.82	6.39
EV/Sales Full definition →		5.36	5.16	5.73	4.83
EV/EBITDA Full definition →		14.29	13.52	15.33	12.88
EV/Operating CF Full definition →		14.87	14.22	15.78	13.41
EV/FCF Full definition →		77.76	69.22	(257.35)	61.25
Quick Ratio Full definition →		0.09	0.09	0.11	0.11
Current Ratio Full definition →		0.18	0.20	0.21	0.22
Net Debt/EBITDA Full definition →		14.55	12.29	12.67	9.10
Debt/Assets Full definition →		51.29%	50.28%	51.15%	49.89%
Debt/Equity Full definition →		2.08	2.11	2.18	1.88
Asset Turnover Full definition →		0.46	0.46	0.45	0.45
Operating CF/Net income Full definition →		2.16	1.95	1.65	0.91
Capex/Depreciation Full definition →		(3.15)	(0.97)	(6.44)	(1.31)
Interest Coverage Full definition →		3.49	4.18	5.54	6.43
Research and Development Expense of Revenue Full definition →		0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →		14.82%	13.07%	10.62%	9.28%
Intangible Assets out of Total Assets Full definition →		0.02	0.02	0.02	0.02
Share Based Compensation of Revenue Full definition →		0.92%	0.85%	0.62%	0.47%
Graham Net Nets Full definition →		(0.39)	(0.40)	(0.37)	(0.43)
Graham Number Full definition →		115.67	117.46	119.54	130.41
Earnings Yield Full definition →		5.64%	6.00%	5.12%	6.37%
Free Cash Flow Yield Full definition →		1.64%	1.85%	(0.49%)	2.13%
Revenue per Share Full definition →		15.72	16.49	18.03	20.94
Operating CF per Share Full definition →		5.99	6.79	6.94	5.92
Capex per Share Full definition →		(5.56)	(1.85)	(10.21)	(2.41)
Free Cash Flow per Share Full definition →		0.43	4.94	(3.27)	3.51
Cash per Share Full definition →		3.04	1.90	3.26	3.19
Shareholders Equity per Share Full definition →		37.80	37.14	39.03	44.62
Interest Debt per Share Full definition →		0.00	0.00	0.00	0.00
Book value per Share Full definition →		37.80	37.14	39.03	44.62
Free Cash Flow Full definition →		116.00	1,334.00	(877.00)	937.00
Working Capital Full definition →		(9,844.00)	(8,861.00)	(9,222.00)	(8,939.00)
Capital Expenditures Full definition →		(1,507.00)	(500.00)	(2,737.00)	(643.00)
Net Current Asset Value Full definition →		(29,163.00)	(29,758.00)	(31,750.00)	(30,426.00)
EV/EBIT Full definition →		19.57	18.51	20.98	17.54
Capex to Sales Full definition →		0.35	0.11	0.57	0.12
Price to Operating Income Full definition →		15.39	14.49	16.67	13.46
Other line items
Average Receivables Full definition →		344.00	453.00	436.00	382.50
Average Payables Full definition →		936.00	983.00	1,026.00	903.50
Average Inventory Full definition →		264.50	263.50	257.00	286.50
Average Assets Full definition →		39,344.50	39,721.00	41,593.00	42,461.00
Average Common Equity Full definition →		8,990.00	9,085.00	9,910.50	11,100.50

Show all line items

Columns are period end dates · fundamentals updated 5 Nov 2026

Stockrow Weekly