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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/S ratio

Alert me on P/S ratio

As of 16 October 2026, Royal Caribbean Cruises Ltd. (RCL) trades at a P/S ratio of 4.0×. Over the past ten years it has ranged from 0.4× (March 2020) to 252× (September 2021); the current reading is higher than 77% of that period. That is above the Travel Services industry median of 2.7× and above the Consumer Cyclical sector median of 0.7×.

P/S ratio, daily

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Annual newest first

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%)

Quarterly newest first

Period P/S ratio Change
Jun 2026 4.6× 12.73%
Mar 2026 4.0× (4.13%)
Dec 2025 4.2× (16.51%)
Sep 2025 5.0× 1.83%
42 more quarters

Against its own ten years

Low 0.4× High 252×
Ten-year median 2.6×
Current reading's percentile 74

P/S ratio against peers

Company P/S ratio
NCLH Norwegian Cruise Line Holdings Ltd. compare 0.7×
CCL Carnival Corporation compare 1.3×
EXPE Expedia Group, Inc. compare 2.2×
TCOM Trip.com Group Limited Sponsored ADR compare 2.6×
RCL Royal Caribbean Cruises Ltd. 4.0×
MMYT MakeMyTrip Limited compare 4.3×
BKNG Booking Holdings Inc. compare 4.4×
VIK Viking Holdings Ltd. compare 5.3×
ABNB Airbnb, Inc. compare 7.8×
Travel Services industry median 2.7×
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 →

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