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Saturday 17 October 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. 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.

277.68 2.33 −0.83%
Market cap
$74.9B
P/E
17.1×
Fwd P/E
16.3×
Dividend yield
1.98%
F-score
7/9
Altman Z
2.18
Beneish M
−2.86
Dividend safety
57/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Royal Caribbean Cruises Ltd. (RCL) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Royal Caribbean Cruises Ltd. (RCL) trades at a P/E ratio of 17.1×. Over the past ten years it has ranged from 0.0× (September 2023) to 86.3× (June 2020); the current reading is higher than 61% of that period. That is in line with the Travel Services industry median of 17.3× and in line with the Consumer Cyclical sector median of 17.3×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 17.7× (15.45%)
FY2024 21.0× 15.73%
FY2023 18.1× —
FY2022 0.0× —
FY2021 0.0× —
FY2020 0.0× —
FY2019 14.9× 31.20%
FY2018 11.3× (28.57%)
FY2017 15.9× 13.23%
FY2016 14.0× (57.87%)

Quarterly newest first

Period P/E ratio Change
Jun 2026 19.5× 17.09%
Mar 2026 16.7× (6.00%)
Dec 2025 17.7× (17.75%)
Sep 2025 21.6× (7.47%)
42 more quarters

Against its own ten years

Low 0.0× High 86.3×
Ten-year median 15.8×
Current reading's percentile 53

P/E ratio against peers

Company P/E ratio
TCOM Trip.com Group Limited Sponsored ADR compare 7.7×
NCLH Norwegian Cruise Line Holdings Ltd. compare 9.0×
CCL Carnival Corporation compare 11.2×
RCL Royal Caribbean Cruises Ltd. 17.1×
EXPE Expedia Group, Inc. compare 17.3×
BKNG Booking Holdings Inc. compare 18.0×
VIK Viking Holdings Ltd. compare 27.5×
ABNB Airbnb, Inc. compare 38.9×
MMYT MakeMyTrip Limited compare 133×
Travel Services industry median 17.3×
Consumer Cyclical sector median 17.3×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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