Royal Caribbean Cruises Ltd (RCL) stock
Close on Nov 12, 2026Market cap $86.12BP/E 19.0Yield 1.09%
Royal Caribbean Cruises Ltd grew revenue 9.7% to $19.13B over the twelve months to Sep 30, 2026. Operating income rose 14.6% to $5.27B, moving the operating margin from 26.4% to 27.6%. Free cash flow was $1.51B, down 25.8% from a year earlier. At the latest close the market valued the company at $86.12B, 19.0 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $86.12B
- P/E ratio
- 19.0
- Price to sales
- 4.50
- Price to book
- 7.35
- Dividend yield
- 1.09%
- Free cash flow yield
- 1.75%
Fundamentals
- Revenue
- $19.13B
- Net income
- $4.55B
- EPS, diluted
- $16.91
- Free cash flow
- $1.51B
- Book value per share
- $43.71
- Diluted shares
- 268M
Trading
- Next earnings
- Jan 28, 2027 (estimated, before the open)
- Previous close
- $335.18
- Open
- $332.48
- Day's range
- $321.68 – $334.36
- Volume
- 1,887,757
- Average volume (20 days)
- 2,233,754
- Index membership
- S&P 500 (since Mar 2020), Russell 1000 (since Sep 2022)
- Beta (5 years)
- 1.59
- 52-week range
- $222.22 – $356.39
- RSI (14 days)
- 58.7
- Volatility (1 year)
- 47.8%
- Relative volume
- 0.81×
- WACC
- 11.2%
On 1 of our idea list: Mega-cap growers
Index membership is inferred from the holdings of funds that track each index (VOO, IWB), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2010, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.
| Period | RCL | S&P 500 | Difference | RCL per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +14.7% | -2.7% | +17.4 pts | ||
| 3 months | +5.2% | -1.7% | +6.9 pts | ||
| Year to date | +17.4% | +11.9% | +5.5 pts | ||
| 1 year | +24.7% | +12.0% | +12.7 pts | ||
| 3 years | +250.9% | +78.2% | +172.8 pts | +52.0% | +21.2% |
| 5 years | +293.8% | +73.2% | +220.6 pts | +31.5% | +11.6% |
| 10 years | +342.4% | +309.6% | +32.7 pts | +16.0% | +15.1% |
Fifteen years at a glance
Fiscal years 2011 to 2025 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases Royal Caribbean Cruises filed with the SEC as exhibits to Form 8-K or 6-K
- ROYAL CARIBBEAN GROUP REPORTS THIRD QUARTER RESULTS ABOVE EXPECTATIONS AND RAISES FULL YEAR GUIDANCEResults
- News
- Results
- Update
- Results
- Update
About Royal Caribbean Cruises
Water Transportation
Royal Caribbean Cruises Ltd. operates in the global vacation industry, providing cruise vacations and private land-based destinations. The company operates through three wholly owned global brands—Royal Caribbean, Celebrity Cruises, and Silversea—along with a fifty percent joint venture interest in TUI Cruises, which manages the TUI Cruises and Hapag-Lloyd Cruises brands. Its offerings span contemporary family vacations, premium travel experiences, and ultra-luxury expedition cruises. The company's customer base includes families with children, couples across various age groups, luxury travelers, and international vacationers seeking tailored leisure itineraries.
Company profile, executives and historyRoyal Caribbean Cruises stock: common questions
What is Royal Caribbean Cruises's stock price?
RCL closed at $321.99 on Nov 12, 2026, down 3.94% on the day. Over the past 52 weeks it traded between $222.22 and $356.39.
What is Royal Caribbean Cruises's market cap?
Royal Caribbean Cruises was worth $86.12B at the close on Nov 12, 2026: the share price times the diluted shares outstanding.
What is RCL's P/E ratio?
RCL trades at 19.0 times earnings, based on diluted earnings per share of $16.91 over the twelve months to Sep 30, 2026.
How much revenue does Royal Caribbean Cruises make?
Royal Caribbean Cruises reported revenue of $19.13B for the twelve months to Sep 30, 2026, up 9.7% from a year earlier.
Does Royal Caribbean Cruises pay a dividend?
Yes. Royal Caribbean Cruises paid $3.50 per share over the last twelve months, a yield of 1.09% at the latest price, and has raised its annual dividend 2 years in a row.
When does Royal Caribbean Cruises report earnings next?
Royal Caribbean Cruises is expected to report Q4 FY2026 results on Jan 28, 2027, before the open. The date is estimated from its past reporting pattern until the company confirms it.
How has RCL stock performed over the past year?
Including dividends, RCL returned +24.7% over the past year, against +12.0% for the S&P 500.
How many RCL shares are sold short?
12M shares were sold short at the latest FINRA report, 4.59% of the float, or 5.0 days of average trading volume.
Who are Royal Caribbean Cruises's competitors?
Companies most similar to Royal Caribbean Cruises by business, industry and size include CCL, NCLH, VIK, BIP, MATX.
See a number that looks wrong?