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
+6.48%
EPS
−5.39%
Free cash flow
−196.4%
Total debt
+20.1%

Quarter to June 2026, against a year earlier

307.18 3.36 −1.08%
Market cap
$83.1B
P/E
18.9×
Fwd P/E
17.4×
Dividend yield
1.79%
F-score
7/9
Altman Z
2.18
Beneish M
−2.86
Dividend safety
57/100

Royal Caribbean Cruises Ltd. (RCL) Shares outstanding

Alert me on Shares outstanding

Royal Caribbean Cruises Ltd.'s shares outstanding at the end of fiscal 2025 was $274.0M, unchanged from fiscal 2024. At the end of the quarter to 30 June 2026 it was $268.0M. Over the past ten years it has ranged from $209.9M (fiscal 2019) to $283.0M (fiscal 2023); the current reading is higher than 82% of that period. Royal Caribbean Cruises Ltd. ranks 7th of 16 Travel Services companies by shares outstanding.

Shares outstanding, annual

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Annual newest first

Period Shares outstanding Change
FY2025 $274.0M (1.79%)
FY2024 $279.0M (1.41%)
FY2023 $283.0M 10.98%
FY2022 $255.0M 1.19%
FY2021 $252.0M 17.57%
FY2020 $214.3M 2.10%
FY2019 $209.9M (0.77%)
FY2018 $211.6M (1.92%)
FY2017 $215.7M (0.29%)
FY2016 $216.3M (1.98%)

Quarterly newest first

Period Shares outstanding Change
Jun 2026 $268.0M (1.11%)
Mar 2026 $271.0M (1.09%)
Dec 2025 $274.0M 0.00%
Sep 2025 $274.0M (0.36%)
42 more quarters

Against its own ten years

Low $209.9M High $283.0M
Ten-year median $220.7M
Current reading's percentile 82

Shares outstanding against peers

What Shares outstanding is

Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.

Reported line item

The full definition of Shares outstanding →

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