About Royal Caribbean Cruises Ltd.
https://www.rclinvestor.comRoyal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, Azamara, and Silversea Cruises brands, which comprise a range of itineraries that call on approximately 1,000 destinations. As of February 25, 2022, it operated 61 ships. The company was founded in 1968 and is headquartered in Miami, Florida.

CEO
Michael W. Bayley
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 1998-08-03 | Forward | 2:1 |
ETFs Holding This Stock
Summary
Showing Top 3 of 416
Ratings Snapshot
Rating : B
Most Recent Analyst Grades
Grade Summary
Showing Top 6 of 18
Price Target
Institutional Ownership

CAPITAL INTERNATIONAL INVESTORS
Shares:32.95M
Value:$9.2B

VANGUARD GROUP INC
Shares:30.07M
Value:$8.4B

BLACKROCK, INC.
Shares:21.01M
Value:$5.87B
Summary
Showing Top 3 of 1,498
About Royal Caribbean Cruises Ltd.
https://www.rclinvestor.comRoyal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, Azamara, and Silversea Cruises brands, which comprise a range of itineraries that call on approximately 1,000 destinations. As of February 25, 2022, it operated 61 ships. The company was founded in 1968 and is headquartered in Miami, Florida.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $5.14B ▲ | $958M ▲ | $1.58B ▲ | 30.73% ▲ | $5.79 ▲ | $2.26B ▲ |
| Q2-2025 | $4.54B ▲ | $926M ▼ | $1.21B ▲ | 26.66% ▲ | $4.45 ▲ | $1.86B ▲ |
| Q1-2025 | $4B ▲ | $976M ▼ | $730M ▲ | 18.25% ▲ | $2.71 ▲ | $1.4B ▲ |
| Q4-2024 | $3.76B ▼ | $1.08B ▲ | $552M ▼ | 14.68% ▼ | $2.02 ▼ | $1.24B ▼ |
| Q3-2024 | $4.89B | $861M | $1.11B | 22.74% | $4.22 | $2.13B |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $641M ▼ | $40.11B ▲ | $29.82B ▲ | $10.09B ▲ |
| Q2-2025 | $735M ▲ | $38.54B ▲ | $29.18B ▼ | $9.17B ▲ |
| Q1-2025 | $386M ▼ | $37.45B ▲ | $29.31B ▼ | $7.96B ▲ |
| Q4-2024 | $388M ▼ | $37.07B ▲ | $29.34B ▼ | $7.56B ▲ |
| Q3-2024 | $418M | $37.07B | $29.84B | $7.04B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $1.58B ▲ | $1.47B ▼ | $-2.39B ▼ | $615M ▲ | $-303M ▼ | $-989M ▼ |
| Q2-2025 | $1.21B ▲ | $1.75B ▲ | $-706M ▼ | $-696M ▲ | $349M ▲ | $910M ▼ |
| Q1-2025 | $736M ▲ | $1.63B ▲ | $-440M ▲ | $-1.19B ▼ | $-2M ▲ | $1.2B ▲ |
| Q4-2024 | $559M ▼ | $1.47B ▲ | $-641M ▼ | $-852M ▼ | $-30M ▼ | $915M ▲ |
| Q3-2024 | $1.11B | $897M | $-311M | $-559M | $27M | $563M |
Revenue by Products
| Product | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
Cruise Itinerary | $3.59Bn ▲ | $3.80Bn ▲ | $4.32Bn ▲ | $4.87Bn ▲ |
Other Products And Services | $170.00M ▲ | $200.00M ▲ | $220.00M ▲ | $270.00M ▲ |
Revenue by Geography
| Region | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
Asia Pacific | $480.00M ▲ | $620.00M ▲ | $330.00M ▼ | $210.00M ▼ |
Europe | $400.00M ▲ | $0 ▼ | $940.00M ▲ | $1.52Bn ▲ |
North America | $2.47Bn ▲ | $2.85Bn ▲ | $2.84Bn ▼ | $3.03Bn ▲ |
Other Region | $240.00M ▲ | $320.00M ▲ | $210.00M ▼ | $110.00M ▼ |

CEO
Michael W. Bayley
Compensation Summary
(Year 2024)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 1998-08-03 | Forward | 2:1 |
ETFs Holding This Stock
Summary
Showing Top 3 of 416
Ratings Snapshot
Rating : B
Most Recent Analyst Grades
Grade Summary
Showing Top 6 of 18
Price Target
Institutional Ownership

CAPITAL INTERNATIONAL INVESTORS
Shares:32.95M
Value:$9.2B

VANGUARD GROUP INC
Shares:30.07M
Value:$8.4B

BLACKROCK, INC.
Shares:21.01M
Value:$5.87B
Summary
Showing Top 3 of 1,498










