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

326.71 3.98 +1.23%

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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

Royal Caribbean Cruises Ltd. (RCL) Book value per share

Alert me on Book value per share

Royal Caribbean Cruises Ltd.'s book value per share at the end of fiscal 2025 was 37.8×, up 27.6% from 29.6× in fiscal 2024. At the end of the quarter to 30 September 2026 it was 44.6×. Over the past ten years it has ranged from 11.3× (fiscal 2022) to 58.1× (fiscal 2019); the current reading is higher than 55% of that period. Royal Caribbean Cruises Ltd. ranks 1st of 17 Travel Services companies by book value per share.

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<iframe src="https://stockrow.com/embed/RCL/book-value-per-share" width="100%" height="360" style="border:0" loading="lazy" title="Royal Caribbean Cruises Ltd. book value per share, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/RCL/metrics/book-value-per-share">Royal Caribbean Cruises Ltd. (RCL) book value per share — stockrow.com</a></p>

Period	Book value per share	Change
FY2025	37.8×	27.56%
FY2024	29.6×	54.86%
FY2023	19.1×	70.09%
FY2022	11.3×	(44.25%)
FY2021	20.2×	(50.63%)
FY2020	40.9×	(29.63%)
FY2019	58.1×	10.14%
FY2018	52.7×	5.76%
FY2017	49.9×	17.76%
FY2016	42.3×	15.30%

Period	Book value per share	Change
Sep 2026	44.6×	14.31%
Jun 2026	39.0×	5.10%
Mar 2026	37.1×	(1.76%)
Dec 2025	37.8×	(0.05%)
43 more quarters	Free account

Against its own ten years

Low 11.3× High 58.1×

Ten-year median 37.8×

Current reading's percentile 55

Company	Book value per share
RCL Royal Caribbean Cruises Ltd.	44.6×
TCOM Trip.com Group Limited Sponsored ADR compare	37.4×
EXPE Expedia Group, Inc. compare	24.3×
ABNB Airbnb, Inc. compare	15.8×
CCL Carnival Corporation compare	10.4×
NCLH Norwegian Cruise Line Holdings Ltd. compare	6.9×
VIK Viking Holdings Ltd. compare	3.7×
MMYT MakeMyTrip Limited compare	−0.8×
BKNG Booking Holdings Inc. compare	−13.9×

What Book value per share is

BV per Share tells an investor how much of a company’s accounting net worth stands behind each share.

(Shareholders Equity (Total) ÷ Shares (Basic, Weighted))

The full definition of Book value per share →

Royal Caribbean Cruises Ltd. (RCL) Book value per share

Book value per share, annual

Annual newest first

Quarterly newest first

Against its own ten years

Book value per share against peers

What Book value per share is

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Book value per share, annual

Annual newest first

Quarterly newest first

Against its own ten years

Book value per share against peers

What Book value per share is

More on RCL

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