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

Royal Caribbean Cruises Ltd.

RCL Consumer Cyclical Travel Services

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%
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
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Valuation Filings

Royal Caribbean Cruises Ltd. (RCL) EV/Sales

Alert me on EV/Sales

As of 5 November 2026, Royal Caribbean Cruises Ltd. (RCL) trades at a EV/Sales of 5.6×. Over the past ten years it has ranged from 1.4× (March 2020) to 432× (September 2021); the current reading is higher than 78% of that period. That is above the Travel Services industry median of 3.3× and above the Consumer Cyclical sector median of 1.0×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 5.4× 10.55%
FY2024 4.8× 30.29%
FY2023 3.7× (2.92%)
FY2022 3.8× (84.46%)
FY2021 24.7× 72.03%
FY2020 14.3× 304.99%
FY2019 3.5× 8.08%
FY2018 3.3× (13.58%)
FY2017 3.8× 17.82%
FY2016 3.2× (12.86%)

Quarterly newest first

Period EV/Sales Change
Sep 2026 4.8× (15.65%)
Jun 2026 5.7× 11.04%
Mar 2026 5.2× (3.69%)
Dec 2025 5.4× (13.38%)
43 more quarters

Against its own ten years

Low 1.4× High 432×
Ten-year median 3.8×
Current reading's percentile 76

EV/Sales against peers

Company EV/Sales
EXPE Expedia Group, Inc. compare 1.9×
TCOM Trip.com Group Limited Sponsored ADR compare 2.1×
NCLH Norwegian Cruise Line Holdings Ltd. compare 2.3×
CCL Carnival Corporation compare 2.3×
BKNG Booking Holdings Inc. compare 4.6×
MMYT MakeMyTrip Limited compare 5.3×
RCL Royal Caribbean Cruises Ltd. 5.6×
VIK Viking Holdings Ltd. compare 5.9×
ABNB Airbnb, Inc. compare 6.6×
Travel Services industry median 3.3×
Consumer Cyclical sector median 1.0×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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