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: +12.2%
Free cash flow: +194.7%
Total debt: +10.2%

Quarter to September 2026, against a year earlier

326.24 3.51 +1.09%

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Market cap: $86.3B
P/E: 19.2×
Fwd P/E: 17.4×
Dividend yield: 1.69%
F-score: 7/9
Altman Z: 2.18
Beneish M: −2.86
Dividend safety: 57/100

Overview Business Profile Earnings & Analysis Valuation Filings

	Sep '26	Jun '26	Mar '26	Dec '25	Older periods
P/E ratio Full definition →	15.66	19.52	16.67	17.73	+8 more quarters Free account
P/S ratio Full definition →	3.71	4.56	4.04	4.21
P/FCF ratio Full definition →	47.01	0.00	54.19	61.15
P/Operating CF Full definition →	44.93	45.75	40.51	46.57
P/B ratio Full definition →	5.96	8.13	7.41	7.38
Price to Tangible BV Full definition →	6.39	8.82	8.06	8.01
EV/Sales Full definition →	4.83	5.73	5.16	5.36
EV/EBITDA Full definition →	12.88	15.33	13.52	14.29
EV/Operating CF Full definition →	13.41	15.78	14.22	14.87
EV/FCF Full definition →	61.25	(257.35)	69.22	77.76
Quick Ratio Full definition →	0.11	0.11	0.09	0.09
Current Ratio Full definition →	0.22	0.21	0.20	0.18
Net Debt/EBITDA Full definition →	9.10	12.67	12.29	14.55
Debt/Assets Full definition →	49.89%	51.15%	50.28%	51.29%
Debt/Equity Full definition →	1.88	2.18	2.11	2.08
Asset Turnover Full definition →	0.45	0.45	0.46	0.46
Operating CF/Net income Full definition →	0.91	1.65	1.95	2.16
Capex/Depreciation Full definition →	(1.31)	(6.44)	(0.97)	(3.15)
Interest Coverage Full definition →	6.43	5.54	4.18	3.49
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 →	9.28%	10.62%	13.07%	14.82%
Intangible Assets out of Total Assets Full definition →	0.02	0.02	0.02	0.02
Share Based Compensation of Revenue Full definition →	0.47%	0.62%	0.85%	0.92%
Graham Net Nets Full definition →	(0.43)	(0.37)	(0.40)	(0.39)
Graham Number Full definition →	130.55	119.54	117.46	115.67
Earnings Yield Full definition →	6.39%	5.12%	6.00%	5.64%
Free Cash Flow Yield Full definition →	2.13%	(0.49%)	1.85%	1.64%
Revenue per Share Full definition →	20.94	18.03	16.49	15.72
Operating CF per Share Full definition →	5.92	6.94	6.79	5.99
Capex per Share Full definition →	(2.41)	(10.21)	(1.85)	(5.56)
Free Cash Flow per Share Full definition →	3.51	(3.27)	4.94	0.43
Cash per Share Full definition →	3.19	3.26	1.90	3.04
Shareholders Equity per Share Full definition →	44.62	39.03	37.14	37.80
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00
Book value per Share Full definition →	44.62	39.03	37.14	37.80
Free Cash Flow Full definition →	937.00	(877.00)	1,334.00	116.00
Working Capital Full definition →	(8,939.00)	(9,222.00)	(8,861.00)	(9,844.00)
Capital Expenditures Full definition →	(643.00)	(2,737.00)	(500.00)	(1,507.00)
Net Current Asset Value Full definition →	(30,426.00)	(31,750.00)	(29,758.00)	(29,163.00)
EV/EBIT Full definition →	17.54	20.98	18.51	19.57
Capex to Sales Full definition →	0.12	0.57	0.11	0.35
Price to Operating Income Full definition →	13.46	16.67	14.49	15.39
Other line items
Average Receivables Full definition →	382.50	436.00	453.00	344.00
Average Payables Full definition →	903.50	1,026.00	983.00	936.00
Average Inventory Full definition →	286.50	257.00	263.50	264.50
Average Assets Full definition →	42,461.00	41,593.00	39,721.00	39,344.50
Average Common Equity Full definition →	11,100.50	9,910.50	9,085.00	8,990.00

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Columns are period end dates · fundamentals updated 6 Nov 2026

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