RCLNYSEWater TransportationFiscal year ends December 31
ROYAL CARIBBEAN CRUISES LTD
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 28, 2026
$281.97+4.29 (+1.54%)
Close on Oct 19, 2026
- Market cap
- $75.57B
- P/E (TTM)
- 17.4
- Dividend yield
- 1.24%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
88.8%
237M of 267M shares
Institutional holders
1,227
169 new, 101 sold out
Net institutional buying
16M
In Q2 2026
Insider trades, 12 months
0 buys · 123 sales
Net sold $631.04M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Capital International Investors | 25,763,011 | 9.50% | 13G (passive) amendment | Mar 31, 2026 |
| Capital World Investors | 20,614,423 | 7.60% | 13G (passive) amendment | Mar 31, 2026 |
| BlackRock, Inc. | 20,166,398 | 7.40% | 13G (passive) amendment | Sep 30, 2025 |
| Vanguard Capital Management | 18,582,413 | 6.86% | 13G (passive) | Mar 31, 2026 |
| A Wilhelmsen A S | 18,167,507 | 6.80% | 13G (passive) amendment | Dec 31, 2024 |
| Capital Research Global Investors | 17,152,902 | 6.40% | 13G (passive) amendment | Sep 30, 2026 |
| Awilhelmsen As | 16,435,910 | 6.10% | 13G (passive) amendment | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of RCL | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Capital Research Global Investors | 34,256,274 | 12.81% | $10.88B | +6,000,573 | 1.52% |
| Capital International Investors | 24,493,815 | 9.16% | $7.78B | −557,582 | 1.61% |
| BlackRock, Inc. | 20,626,151 | 7.71% | $6.55B | −1,426,238 | 0.10% |
| Capital World Investors | 18,670,920 | 6.98% | $5.93B | −1,391,351 | 0.70% |
| Vanguard Capital Management LLC | 16,027,157 | 5.99% | $5.09B | −55,712 | 0.11% |
| Vanguard Portfolio Management LLC | 12,248,670 | 4.58% | $3.89B | −32,727 | 0.18% |
| Osiris Holdings Inc. | 11,708,700 | 4.38% | $3.72B | New | 100.00% |
| State Street Corp | 10,689,134 | 4.00% | $3.41B | +270,930 | 0.10% |
| Geode Capital Management, LLC | 6,945,690 | 2.60% | $2.20B | −102,841 | 0.12% |
| JPMorgan Chase & Co | 3,770,769 | 1.41% | $1.21B | +337,180 | 0.07% |
| Morgan Stanley | 3,188,444 | 1.19% | $1.01B | +80,201 | 0.05% |
| Sanders Capital, LLC | 2,603,252 | 0.97% | $826.61M | New | 0.83% |
| Northern Trust Corp | 2,349,838 | 0.88% | $746.14M | −23,780 | 0.09% |
| Invesco Ltd. | 2,279,929 | 0.85% | $723.95M | −120,960 | 0.06% |
| Dimensional Fund Advisors LP | 2,136,996 | 0.80% | $678.65M | +179,952 | 0.12% |
| Primecap Management Co/Ca/ | 2,109,421 | 0.79% | $669.80M | −237,500 | 0.40% |
| Jupiter Topco LLC | 1,881,240 | 0.70% | $597.35M | New | 0.24% |
| Goldman Sachs Group Inc | 1,750,912 | 0.65% | $555.97M | −548,348 | 0.05% |
| UBS Group AG | 1,727,879 | 0.65% | $548.65M | +251,216 | 0.07% |
| Barclays PLC | 1,616,198 | 0.60% | $513.19M | +1,067,622 | 0.10% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 1,227 | 237M | 88.8% | 169 / 443 | 452 / 101 | 31M | 16M |
| Q1 2026 | 1,176 | 224M | 83.6% | 146 / 468 | 388 / 150 | 51M | 21M |
| Q4 2025 | 1,193 | 224M | 83.9% | 171 / 441 | 403 / 153 | 18M | 16M |
| Q3 2025 | 1,193 | 223M | 83.4% | 152 / 459 | 393 / 97 | 17M | 22M |
| Q2 2025 | 1,156 | 228M | 85.3% | 215 / 450 | 339 / 105 | 21M | 11M |
| Q1 2025 | 1,058 | 218M | 81.4% | 154 / 445 | 317 / 113 | 19M | 14M |
| Q4 2024 | 1,038 | 214M | 80.1% | 190 / 379 | 319 / 82 | 19M | 17M |
| Q3 2024 | 949 | 213M | 79.7% | 133 / 333 | 329 / 85 | 27M | 12M |
| Q2 2024 | 911 | 215M | 80.5% | 141 / 318 | 288 / 64 | 20M | 20M |
| Q1 2024 | 844 | 216M | 80.6% | 113 / 302 | 265 / 94 | 19M | 15M |
| Q4 2023 | 833 | 212M | 79.1% | 182 / 244 | 266 / 72 | 22M | 11M |
| Q3 2023 | 733 | 200M | 74.9% | 86 / 266 | 228 / 99 | 15M | 11M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of RCL | Value | % of fund | As of |
|---|---|---|---|---|---|
| Growth Fund of America | 16,396,477 | 6.13% | $4.67B | 1.29% | May 31, 2026 |
| Investment Co of America | 12,796,368 | 4.78% | $4.06B | 2.21% | Jun 30, 2026 |
| Washington Mutual Investors Fund | 8,415,921 | 3.15% | $2.68B | 1.23% | Jul 31, 2026 |
| Vanguard Total Stock Market Index Fund | 7,663,207 | 2.87% | $2.43B | 0.11% | Jun 30, 2026 |
| New Perspective Fund | 6,781,049 | 2.54% | $2.15B | 1.26% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 6,462,140 | 2.42% | $2.05B | 0.12% | Jun 30, 2026 |
| American Funds Fundamental Investors | 5,455,859 | 2.04% | $1.73B | 0.96% | Jun 30, 2026 |
| Vanguard Mid-Cap Index Fund | 5,230,088 | 1.96% | $1.66B | 0.74% | Jun 30, 2026 |
| Capital Income Builder | 3,061,813 | 1.14% | $974.58M | 0.75% | Jul 31, 2026 |
| AMCAP Fund | 2,350,062 | 0.88% | $668.90M | 0.69% | May 31, 2026 |
| American Balanced Fund | 2,200,957 | 0.82% | $698.87M | 0.24% | Jun 30, 2026 |
| Capital World Growth & Income Fund | 2,026,478 | 0.76% | $576.80M | 0.36% | May 31, 2026 |
| Growth-Income Fund | 1,998,925 | 0.75% | $634.72M | 1.38% | Jun 30, 2026 |
| Vanguard Mid-Cap Growth Index Fund | 1,849,227 | 0.69% | $587.19M | 1.69% | Jun 30, 2026 |
| American Mutual Fund | 1,800,000 | 0.67% | $572.94M | 0.49% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Michael W. Bayley | Pres&CEO, Royal Caribbean Intl | 45,297 | 0.02% | Jul 31, 2026 |
| Laura H. Bethge | President, Celebrity Cruises | 32,606 | 0.01% | Jun 3, 2026 |
| Naftali Holtz | Chief Financial Officer | 59,513 | 0.02% | Feb 13, 2026 |
| Jason T. Liberty | President & CEO | 261,762 | 0.10% | Feb 13, 2026 |
| Henry L. Pujol | Chief Accounting Officer | 10,067 | 0.00% | Feb 13, 2026 |
| Harri U. Kulovaara | EVP, Maritime | 59,959 | 0.02% | Feb 12, 2026 |
| Robert Alexander Lake | SVP, CLO, Secretary & CCO | 38,449 | 0.01% | Feb 12, 2026 |
| Tara Bunch | Director | 683 | 0.00% | Aug 3, 2026 |
| Christopher J. Wiernicki | Director | 922 | 0.00% | Jul 30, 2026 |
| John Brock | Director | 33,080 | 0.01% | May 29, 2026 |
| Arne Alexander Wilhelmsen | Director | 16,444,430 | 6.15% | May 29, 2026 |
| Richard D. Fain | Director | 414,523 | 0.15% | May 29, 2026 |
| Donald Thompson | Director | 40,314 | 0.02% | May 29, 2026 |
| Amy McPherson | Director | 10,995 | 0.00% | May 29, 2026 |
| Eyal Ofer | Director | 43,756 | 0.02% | May 29, 2026 |
| Ann S. Moore | Director | 28,925 | 0.01% | May 29, 2026 |
| Michael O. Leavitt | Director | 8,933 | 0.00% | May 29, 2026 |
| Maritza Gomez Montiel | Director | 12,771 | 0.00% | May 29, 2026 |
| Stephen R. Howe Jr. | Director | 15,050 | 0.01% | May 29, 2026 |
| Rebecca Yeung | Director | 5,625 | 0.00% | May 29, 2026 |
| Vagn O. Sorensen | Director | 17,238 | 0.01% | May 29, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Tara Bunch Director | Jul 31, 2026 | Award | +683 | – | – | 683 |
| Michael W. Bayley Pres&CEO, Royal Caribbean Intl | Jul 29, 2026 | Sale | −12,811 | $315.99 | $4.05M | 45,297 |
| Laura H. Bethge President, Celebrity Cruises | Jun 1, 2026 | Tax withholding | −267 | $284.23 | $75.89K | 32,519 |
| Christopher J. Wiernicki Director | May 28, 2026 | Award | +571 | – | – | 922 |
| Arne Alexander Wilhelmsen Director | May 28, 2026 | Award | +831 | – | – | 8,520 |
| Richard D. Fain Director | May 28, 2026 | Award | +831 | – | – | 151,122 |
| Maritza Gomez Montiel Director | May 28, 2026 | Tax withholding | −78 | $276.62 | $21.58K | 12,771 |
| Maritza Gomez Montiel Director | May 28, 2026 | Award | +831 | – | – | 13,602 |
| Vagn O. Sorensen Director | May 28, 2026 | Award | +831 | – | – | 17,238 |
| Rebecca Yeung Director | May 28, 2026 | Tax withholding | −78 | $276.62 | $21.58K | 5,625 |
| Amy McPherson Director | May 28, 2026 | Award | +831 | – | – | 10,995 |
| Amy McPherson Director | May 28, 2026 | Tax withholding | −408 | $276.62 | $112.86K | 10,164 |
| Ann S. Moore Director | May 28, 2026 | Tax withholding | −78 | $276.62 | $21.58K | 28,925 |
| Christopher J. Wiernicki Director | May 28, 2026 | Award | +831 | – | – | 1,182 |
| Christopher J. Wiernicki Director | May 28, 2026 | Tax withholding | −93 | $276.62 | $25.73K | 351 |
| Michael O. Leavitt Director | May 28, 2026 | Award | +831 | – | – | 8,933 |
| Michael O. Leavitt Director | May 28, 2026 | Tax withholding | −78 | $276.62 | $21.58K | 8,102 |
| John Brock Director | May 28, 2026 | Award | +831 | – | – | 24,788 |
| John Brock Director | May 28, 2026 | Tax withholding | −78 | $276.62 | $21.58K | 23,957 |
| Stephen R. Howe Jr. Director | May 28, 2026 | Award | +831 | – | – | 15,050 |
| Stephen R. Howe Jr. Director | May 28, 2026 | Tax withholding | −78 | $276.62 | $21.58K | 14,219 |
| Eyal Ofer Director | May 28, 2026 | Award | +831 | – | – | 43,756 |
| Donald Thompson Director | May 28, 2026 | Award | +831 | – | – | 40,314 |
| Donald Thompson Director | May 28, 2026 | Tax withholding | −78 | $276.62 | $21.58K | 39,483 |
| Christopher J. Wiernicki Director | Mar 1, 2026 | Award | +444 | – | – | 444 |
| Arne Alexander Wilhelmsen Director | Feb 27, 2026 | Sale | −21,280 | $311.22 | $6.62M | 16,507,591 |
| Arne Alexander Wilhelmsen Director | Feb 27, 2026 | Sale | −152,515 | $310.78 | $47.40M | 16,528,871 |
| Arne Alexander Wilhelmsen Director | Feb 27, 2026 | Sale | −31,560 | $312.53 | $9.86M | 16,476,031 |
| Arne Alexander Wilhelmsen Director | Feb 27, 2026 | Sale | −25,910 | $313.48 | $8.12M | 16,450,121 |
| Arne Alexander Wilhelmsen Director | Feb 27, 2026 | Sale | −14,211 | $314.40 | $4.47M | 16,435,910 |
| Arne Alexander Wilhelmsen Director | Feb 26, 2026 | Sale | −7,271 | $315.62 | $2.29M | 17,030,141 |
| Arne Alexander Wilhelmsen Director | Feb 26, 2026 | Sale | −20,617 | $316.92 | $6.53M | 17,009,524 |
| Arne Alexander Wilhelmsen Director | Feb 26, 2026 | Sale | −106,947 | $317.71 | $33.98M | 16,902,577 |
| Arne Alexander Wilhelmsen Director | Feb 26, 2026 | Sale | −156,628 | $318.64 | $49.91M | 16,745,949 |
| Arne Alexander Wilhelmsen Director | Feb 26, 2026 | Sale | −50,784 | $319.54 | $16.23M | 16,695,165 |
| Arne Alexander Wilhelmsen Director | Feb 26, 2026 | Sale | −13,779 | $320.35 | $4.41M | 16,681,386 |
| Arne Alexander Wilhelmsen Director | Feb 25, 2026 | Sale | −42,240 | $313.01 | $13.22M | 17,165,277 |
| Arne Alexander Wilhelmsen Director | Feb 25, 2026 | Sale | −13,271 | $314.11 | $4.17M | 17,152,006 |
| Arne Alexander Wilhelmsen Director | Feb 25, 2026 | Sale | −9,724 | $315.16 | $3.06M | 17,142,282 |
| Arne Alexander Wilhelmsen Director | Feb 25, 2026 | Sale | −24,360 | $316.24 | $7.70M | 17,117,922 |
| Arne Alexander Wilhelmsen Director | Feb 25, 2026 | Sale | −42,351 | $317.33 | $13.44M | 17,075,571 |
| Arne Alexander Wilhelmsen Director | Feb 25, 2026 | Sale | −33,418 | $318.08 | $10.63M | 17,042,153 |
| Arne Alexander Wilhelmsen Director | Feb 25, 2026 | Sale | −4,637 | $318.87 | $1.48M | 17,037,516 |
| Arne Alexander Wilhelmsen Director | Feb 25, 2026 | Sale | −104 | $320.04 | $33.28K | 17,037,412 |
| Arne Alexander Wilhelmsen Director | Feb 24, 2026 | Sale | −9,720 | $318.30 | $3.09M | 17,207,517 |
| Arne Alexander Wilhelmsen Director | Feb 24, 2026 | Sale | −93,423 | $317.32 | $29.64M | 17,217,237 |
| Arne Alexander Wilhelmsen Director | Feb 24, 2026 | Sale | −121,143 | $316.59 | $38.35M | 17,310,660 |
| Arne Alexander Wilhelmsen Director | Feb 24, 2026 | Sale | −26,450 | $315.67 | $8.35M | 17,431,803 |
| Arne Alexander Wilhelmsen Director | Feb 24, 2026 | Sale | −16,020 | $314.42 | $5.04M | 17,458,253 |
| Arne Alexander Wilhelmsen Director | Feb 24, 2026 | Sale | −34,972 | $313.26 | $10.96M | 17,474,273 |
| Arne Alexander Wilhelmsen Director | Feb 24, 2026 | Sale | −22,007 | $312.56 | $6.88M | 17,509,245 |
| Arne Alexander Wilhelmsen Director | Feb 24, 2026 | Sale | −11,540 | $311.42 | $3.59M | 17,531,252 |
| Arne Alexander Wilhelmsen Director | Feb 24, 2026 | Sale | −9,836 | $310.58 | $3.05M | 17,542,792 |
| Arne Alexander Wilhelmsen Director | Feb 23, 2026 | Sale | −2,459 | $316.85 | $779.13K | 17,562,329 |
| Arne Alexander Wilhelmsen Director | Feb 23, 2026 | Sale | −3,640 | $315.30 | $1.15M | 17,564,788 |
| Arne Alexander Wilhelmsen Director | Feb 23, 2026 | Sale | −3,320 | $314.80 | $1.05M | 17,568,428 |
| Arne Alexander Wilhelmsen Director | Feb 23, 2026 | Sale | −20 | $310.12 | $6.20K | 17,571,748 |
| Arne Alexander Wilhelmsen Director | Feb 23, 2026 | Sale | −2,480 | $320.46 | $794.74K | 17,552,628 |
| Arne Alexander Wilhelmsen Director | Feb 23, 2026 | Sale | −3,326 | $319.41 | $1.06M | 17,555,108 |
| Arne Alexander Wilhelmsen Director | Feb 23, 2026 | Sale | −1,173 | $318.48 | $373.58K | 17,558,434 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Michael W. Bayley Officer | Aug 3, 2026 | 12,811 | $4.05M | Jul 29, 2026 | Vested Restricted Stock Units |
| Bethge Laura Officer | Feb 17, 2026 | 7,854 | $2.56M | Feb 17, 2026 | Restricted Stock |
| Montiel Maritza Director | Feb 17, 2026 | 1,385 | $453.14K | Feb 17, 2026 | Restricted Stock |
| L. Pujol Henry Officer | Feb 13, 2026 | 4,442 | $1.46M | Feb 13, 2026 | Restricted Stock |
| W. Bayley Michael Officer | Feb 13, 2026 | 80,000 | $26.15M | Feb 13, 2026 | Performance Shares |
| Holtz Naftali Officer | Feb 13, 2026 | 45,781 | $14.99M | Feb 13, 2026 | Performance Shares |
| As Awilhelmsen Director | Feb 13, 2026 | 2,000,000 | $639.22M | Feb 13, 2026 | Inception of company |
| Holtz Naftali Affiliate | Feb 13, 2026 | 5,350 | $1.78M | Feb 13, 2026 | Open Market Purchase |
| Liberty Jason Officer | Feb 13, 2026 | 90,910 | $29.71M | Feb 13, 2026 | Performance Shares |
| Montiel Maritza Director | Nov 3, 2025 | 1,100 | $309.93K | Nov 3, 2025 | Restricted Stock |
| Soerensen Vagn Director | Aug 19, 2025 | 10,300 | $3.40M | Aug 19, 2025 | Restricted Stock |
| David Fain Richard Director | Aug 6, 2025 | 16,000 | $4.98M | Aug 6, 2025 | Performance Shares |
| L. Pujol Henry Officer | Jul 30, 2025 | 5,207 | $1.72M | Jul 30, 2025 | Restricted Stock |
| A. Lake Robert Jr Officer | Jun 27, 2025 | 2,869 | $860.27K | Jun 27, 2025 | Restricted Stock |
| A. Lake Robert Jr. Officer | Jun 6, 2025 | 2,500 | $687.50K | Jun 6, 2025 | Restricted Stock |