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. In the quarter to June 2026, revenue grew 6.48%, EPS fell 5.39%, free cash flow fell 196.4% and total debt rose 20.1%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years, revenue growth for three, operating cash flow growth for five.
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Royal Caribbean Cruises Ltd. (RCL) EV/Sales
As of 16 October 2026, Royal Caribbean Cruises Ltd. (RCL) trades at a EV/Sales of 5.2×. Over the past ten years it has ranged from 1.4× (March 2020) to 432× (September 2021); the current reading is higher than 72% of that period. That is above the Travel Services industry median of 3.1× 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 |
|---|---|---|
| Jun 2026 | 5.7× | 11.04% |
| Mar 2026 | 5.2× | (3.69%) |
| Dec 2025 | 5.4× | (13.38%) |
| Sep 2025 | 6.2× | 2.75% |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| TCOM Trip.com Group Limited Sponsored ADR compare | 1.8× |
| EXPE Expedia Group, Inc. compare | 2.1× |
| CCL Carnival Corporation compare | 2.1× |
| NCLH Norwegian Cruise Line Holdings Ltd. compare | 2.1× |
| BKNG Booking Holdings Inc. compare | 4.6× |
| MMYT MakeMyTrip Limited compare | 4.9× |
| RCL Royal Caribbean Cruises Ltd. | 5.2× |
| VIK Viking Holdings Ltd. compare | 5.7× |
| ABNB Airbnb, Inc. compare | 7.2× |
| Travel Services industry median | 3.1× |
| 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)
More on RCL
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement