Royal Caribbean Group (RCL)
Consumer Discretionary · Cruise line operators
Global cruise vacation operator with three premium brands commanding a fleet of 69 ships serving 179,720 berths and expanding private destination portfolio.
What Royal Caribbean Group does
Royal Caribbean Group owns and operates three global cruise vacation brands—Royal Caribbean, Celebrity Cruises, and Silversea—as well as a 50% joint venture in TUI Cruises. The company operates a combined fleet of 69 ships with approximately 179,720 berths, offering itineraries to over 1,000 destinations across all seven continents. Beyond cruise operations, the company is building a growing portfolio of private land-based destinations through its Perfect Day and Royal Beach Club collections.
Themes: ["leisure travel","cruise tourism","luxury travel experiences","private destinations","premium hospitality","family vacations","travel innovation"]
Fundamentals
- Price$288.08 as of 2026-07-09 close
- Market cap$77.5B as of 2026-07-10
- 1-year return-13.6% as of 2026-07-09 close
- P/E17.29 as of 2026-07-10
- Net margin+24.4% as of 2026-07-10
- Gross margin+50.5% as of 2026-07-10
- ROE+45.8% as of 2026-07-10
- Debt / equity2.15 as of 2026-07-10
- Revenue growth (YoY)+9.8% as of 2026-07-10
- Revenue CAGR (3y)+26.6% SEC XBRL
- Beta1.79 as of 2026-07-10
Dividend: yield +1.7%; 2-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Significant debt burden ($21.1 billion long-term debt as of Q1 2026) limiting financial flexibility and increasing interest expense exposure","Cyclical economic sensitivity as cruise vacations are discretionary consumer spending dependent on economic conditions and consumer confidence","High capital intensity with substantial ongoing shipbuilding commitments (multiple Icon-class, Oasis-class, Edge-class and Discovery-class ships on order through 2032)"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.