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

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

Alert me on P/S ratio

As of 5 November 2026, Royal Caribbean Cruises Ltd. (RCL) trades at a P/S ratio of 4.5×. Over the past ten years it has ranged from 0.4× (March 2020) to 252× (September 2021); the current reading is higher than 83% of that period. That is above the Travel Services industry median of 2.6× and above the Consumer Cyclical sector median of 0.7×.

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

Period	P/S ratio	Change
FY2025	4.2×	15.38%
FY2024	3.7×	65.07%
FY2023	2.2×	57.48%
FY2022	1.4×	(88.89%)
FY2021	12.6×	74.53%
FY2020	7.2×	183.88%
FY2019	2.6×	17.71%
FY2018	2.2×	(26.31%)
FY2017	2.9×	38.43%
FY2016	2.1×	(20.58%)

Period	P/S ratio	Change
Sep 2026	3.7×	(18.56%)
Jun 2026	4.6×	12.73%
Mar 2026	4.0×	(4.13%)
Dec 2025	4.2×	(16.51%)
43 more quarters	Free account

Against its own ten years

Low 0.4× High 252×

Ten-year median 2.6×

Current reading's percentile 82

Company	P/S ratio
NCLH Norwegian Cruise Line Holdings Ltd. compare	0.8×
CCL Carnival Corporation compare	1.5×
EXPE Expedia Group, Inc. compare	2.0×
TCOM Trip.com Group Limited Sponsored ADR compare	2.9×
BKNG Booking Holdings Inc. compare	4.5×
RCL Royal Caribbean Cruises Ltd.	4.5×
MMYT MakeMyTrip Limited compare	4.7×
VIK Viking Holdings Ltd. compare	5.5×
ABNB Airbnb, Inc. compare	7.2×
Travel Services industry median	2.6×
Consumer Cyclical sector median	0.7×
Market median	1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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

P/S ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/S ratio against peers

What P/S ratio is

More on RCL

P/S ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/S ratio against peers

What P/S ratio is

More on RCL

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