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RCL · Royal Caribbean Cruises Ltd

Track RCL — free
Market Cap
$69.57B
Shares
267.45M

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$260.14 Open$264.00 Day$259.84–264.30 52W close$246.71–350.23 Avg vol 30d1.7M Short int11.0M · 4.1% float · 7.0d Short vol33% Last earningsJul 28, 2026 DataJan 2020–Sep 2026 Filing10-Q · Jul 28

Up next

Next earnings call
Oct 27, 2026 Est · unconfirmed · in 6 wks
filed Jul 28, 2026

Metrics snapshot

Useful current figures from the complete screener profile.

Revenue (TTM)
$18.68B
Trailing 12 months
Net income (TTM)
$4.40B
Trailing 12 months
Revenue growth YoY
+6.5%
Year over year
Operating margin
27.3%
Trailing 12 months
P / E (TTM)
16.1
Trailing earnings · reciprocal yield 6.2%
FCF yield
-0.6%
TTM · current market cap
Return on invested capital
Trailing 12 months
Net cash
Latest balance sheet
Dividend yield
1.9%
Trailing 12 months
Shares change YoY
-2.5%
Year over year · fewer shares
Price change (1Y)
-25.7%
Trailing year
Short interest
4.1%
Latest settlement · 7.0 days to cover
View all 115 metrics

AI Brief

Q2 FY26 earnings call · Jul 28, 2026
Q2 FY26

TL;DR. Royal Caribbean reported Q2 Adjusted EPS of $4.21, beating guidance by $0.33 on better-than-expected close-in demand and lower costs, and raised full-year 2026 Adjusted EPS guidance to $17.73–$17.87 (14% growth), though prolonged Middle East conflict is pressuring Q3 yields and modest booking impact continues for select itineraries.

Bullish
  • + Q2 Adjusted EPS of $4.21 beat guidance midpoint by $0.33 on stronger close-in demand and lower costs
  • + Net yields grew 1.2% in Q2, 100 bps above guidance, driven by strong Caribbean close-in demand
  • + 2027 booking trends are pacing ahead of historical levels at higher prices, including for itineraries impacted by geopolitics this year
  • + Returned over $600M to shareholders in Q2 via $404M in dividends and $199M of share repurchases, with $805M remaining under authorization
Bearish
  • Prolonged Middle East conflict is pressuring Q3 yields (expected roughly flat) and modestly reducing full-year yield outlook
  • Yield guidance held at 1.75%–2.25% (not raised) as Europe sailings face modest near-term booking impact from geopolitical activity
  • Mahahual, Mexico destination project timeline is delayed as government engages with community stakeholders

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating

blended score · not investment advice
Overall
Sell
SellHoldBuy
Technical Strong Sell Momentum Very Weak Sentiment Neutral Fundamentals Strong Quant / Vol High
Market backdrop VIX 15.8 · calm Equity put/call 0.58
Technical
price trend
Strong Sell
50 / 200-day cross No cross
Price vs 200-day avg −10%
below
Price vs 50-day avg −11%
below
RSI (14) 24
oversold
MACD trend Negative
52-week position 13%
near low
Volume (OBV) Confirms
volume backs price
Momentum
relative strength
Very Weak
1-month return −16%
trailing
6-month return −1%
trailing
YTD return −7%
this year
Relative strength −19%
vs S&P · 6-mo
Sentiment
smart money
Neutral
Trend (MA cross) No cross
50d $293 › 200d $288 — 50d above 200d
Institutional flow Accumulating
+4% holders QoQ · +167 funds added
Insider flow Distributing
Net -$4.0M over 90 days · 100% sells
Short interest Rising
4.10% of float · ▲ +2.5% MoM · 7.0 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
1,236 holders — near 3-yr high, broad support
Squeeze score 58
elevated · 0–100
Fundamentals
Strong
Revenue growth +3%
Y/Y
EPS growth +43%
Y/Y
Free cash flow $1.2B
Valuation P/E 16.1
below peers
Buyback $805.0M
remaining
Balance sheet $8.2B
net debt
Quant / Vol
risk profile
High
Volatility 47%
annualized · 1-yr
Max drawdown −30%
past year
ATR 3.0%
of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

Latest guidance · from the Earnings Call filed Jul 28, 2026
full year 2026
Net yield growth Non-GAAP Initiated 1.75% – 2.25%
Capacity growth Initiated 6.6%
Total revenue growth Initiated 9%
Fuel expense Initiated $1.3B
Adjusted earnings per share Non-GAAP Initiated $17.73 – $17.87
Net yields Initiated 1.75% – 2.25%
Total revenue Initiated 9%
third quarter 2026
Adjusted earnings per share Non-GAAP Initiated $6.26 – $6.36
Capacity growth Initiated 8.5%
Capacity Initiated 8.5%
Prior guidance period ended · from the 8-K filed Jul 25, 2024
Net Yields vs. 2023 · Third Quarter 2024 6.5% – 7%
Net Cruise Costs per APCD vs. 2023 · Third Quarter 2024 3.3% – 3.8%
Net Cruise Costs per APCD ex. Fuel vs. 2023 · Third Quarter 2024 4.7% – 5.2%
Net Yields vs. 2023 · Full Year 2024 10.4% – 10.9%
Net Cruise Costs per APCD vs. 2023 · Full Year 2024 4%
Net Cruise Costs per APCD ex. Fuel vs. 2023 · Full Year 2024 6%
Depreciation and amortization · Third Quarter 2024 $405M – $415M
Depreciation and amortization · Full Year 2024 $1.6B – $1.61B
Net Interest, excluding loss on extinguishment of debt · Third Quarter 2024 $275M – $285M
Net Interest, excluding loss on extinguishment of debt · Full Year 2024 $1.13B – $1.14B
Adjusted EPS · Full Year 2024 $11.35 – $11.45
Fuel Expenses · Third Quarter 2024 $293M
Fuel Expenses · Full Year 2024 $1.17B
Non-new ship related capital expenditures · Full Year 2024 $700M
Capital expenditures · Full Year 2024 $3.5B
Capacity changes · 2024 8%
Capacity changes · 2025 5%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Strong Sell
4 · 3 · 0
50 / 200-day cross
No cross Neutral
Price vs 200-day avg
−10% Bearish
Price vs 50-day avg
−11% Bearish
RSI (14)
24 Neutral
MACD trend
Negative Bearish
52-week position
13% Bearish
Volume (OBV)
Confirms Neutral
Market signals — smart money & positioning
Mixed
Trend (MA cross) No cross
50d $293 › 200d $288 — 50d above 200d
Institutional flow Accumulating
+4% holders QoQ · +167 funds added
Insider flow Distributing
Net -$4.0M over 90 days · 100% sells
Short interest Rising
4.10% of float · ▲ +2.5% MoM · 7.0 days cover
Volume signal Normal
Volume near normal
Institution breadth Multi-yr high
1,236 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $247 Now $260 · 13% Range high $350
vs 200-day avg -10% vs 50-day avg -11%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

Earlier KPI extraction records exist, but do not meet the current evidence-completeness requirements. No current verified series is available. Earlier figures remain withheld until revalidated; this is not evidence that the company reports no KPIs.

Versus peers

Travel Services — same industry group
Open screener →
Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
RCL
Royal Caribbean Cruises Ltd
this stock
$69.57B -6.7% +3.3% 16.1 4.1%
BKNG
Booking Holdings Inc.
$130.68B +13.4% 19.3 2.7%
ABNB
Airbnb, Inc.
$101.91B +25.4% +10.3% 37.9 2.4%
VIK
Viking Holdings Ltd
$37.97B +19.0% 1.6%
EXPE
Expedia Group, Inc.
$33.71B -0.9% +7.6% 17.6 4.3%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section
Ownership
Institutional Holders Accumulating
Holders
1,236
% held
92.9%
Net QoQ
+15.1M sh
Top holder
Capital Research Global I…
Held Float
View
Held by Funds
Fund positions
290
View
Short & Settlement
Short Interest Rising
Shares short
11.0M
Days to cover
7.0d
Change
+272.8K sh
View
Short Volume
Short vol %
33%
As of
Sep 11, 2026
Short Total
View
Fails to Deliver
FTD shares
4.7K
Value
$1.4M
As of
Aug 11, 2026
View
Off-Exchange
Off-exchange %
44.7%
Week of
Aug 3, 2026
Off-exch Lit
View
Smart Money
Insider Trades Net selling
Net (90d)
-$4.0M
Buyers / Sellers
0 / 1
Buyers Sellers
View
Congressional Trades Buy
Member
Alan Armstrong
Amount
$1.0K–$15.0K
Traded
Mar 27, 2026
View
Financials
Financials
Revenue (FY)
$17.9B
Net income (FY)
$4.3B
EPS diluted
$15.61
View
Buybacks
Authorized
$2.0B
Remaining
$805.0M
Spent Remaining
View
Filings
SEC Filings
Latest
8-K
Filed
Aug 20, 2026
This year
15
View
Proposed Sales
Value
$4.0M
Shares
12.8K
Filed
Aug 3, 2026
View
Earnings & Events
Earnings Calls
Last call
Jul 28, 2026
View

Performance

5D 20D 120D MTD YTD
RCL -2.0% -16.1% -1.3% -3.2% -6.7%
SPY -1.2% -1.8% +17.8% -0.4% +12.1%
vs SPY -0.9% -14.3% -19.2% -2.8% -18.8%

Capital returns

Latest dividend
$1.50 / share · ex Jun 3, 2026
Declared · upcoming
$1.50 / share · ex Sep 17, 2026
Raised 50%
Paid (TTM)
$5.00 / share · 4 payouts
Dividend yield (TTM, derived)
1.92%
Buyback program · as of Jul 28, 2026
Authorized
$2.00B
Spent (derived)
$1.20B
Remaining
$805.00M
Spent Remaining

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 884887 CUSIP V7780T103 13F (30d) 247 filings 246 filers Visit website Investor relations