Is Royal Caribbean Group (RCL) overvalued or fairly valued?

MarketChacha shows Royal Caribbean Group's valuation in context — a trailing P/E of about 14.9, a forward P/E of about 13.1, a price-to-book of about 6.9 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Royal Caribbean Group's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.83×) from reported figures — education, not a rating.

What is Royal Caribbean Group's revenue?

Royal Caribbean Group reported revenue of $17.9B for FY2025, with net profit of $4.3B, per official filings.

What is the share price of Royal Caribbean Group (RCL)?

Royal Caribbean Group last traded at $265.19 (-0.1% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Royal Caribbean Group

RCL · NYSE · Consumer Discretionary · United States

Snapshot

TickerRCL

ExchangeNYSE

SectorConsumer Discretionary

IndustryTravel Services

CountryUnited States

Employees107,950

HeadquartersMiami, United States

Websitewww.rclinvestor.com

Filings tracked19

About Royal Caribbean Group

Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries. As of December 31, 2025, it operated 69 ships. Royal Caribbean Cruises Ltd. was founded in 1968 and is headquartered in Miami, Florida.

Who owns it

Insiders6.2%
Institutions90.9%
Public & other2.9%

1,670 institutional holders

Ownership breakdown from public market data.

Top holders

Capital Research Global Investors12.81%
Capital International Investors9.16%
Blackrock Inc.7.71%
Capital World Investors6.98%
Vanguard Capital Management LLC5.99%
Vanguard Portfolio Management LLC4.58%
State Street Corporation4.00%
Geode Capital Management, LLC2.60%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.83×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend12.2% → 23.8%

Margin has expanded by about 11.6 points — the business is getting more profitable.

Return on equity42.5%

Latest ROE of 42.5% — capital is generating a healthy return.

Growth qualityrev 14% · PAT 59%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $4.7B · EPS 3.66

Est. earnings growth +30.6%

Next fiscal year

Rev $21.0B · EPS 20.29

Est. earnings growth +14.0%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$17.9B

Net margin

23.8%

ROE

42.5%

Revenue CAGR (2y)

+13.6%

Profit CAGR (2y)

+58.6%

EPS (FY2025)

15.61

Net profit (FY2025)

$4.3B

Ask MarketChacha about RCL

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$17.9B	$4.3B	15.61	23.8%	42.5%
FY2024	$16.5B	$2.9B	10.94	17.5%	38.0%
FY2023	$13.9B	$1.7B	6.31	12.2%	35.9%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$4.8B	$1.1B	4.20	23.3%
2026Q1	$4.5B	$941.0M	3.48	21.1%
2025Q3	$5.1B	$1.6B	5.74	30.6%
2025Q2	$4.5B	$1.2B	4.41	26.7%
2025Q1	$4.0B	$730.0M	2.70	18.3%
2024Q3	$4.9B	$1.1B	4.21	22.7%
2024Q2	$4.1B	$854.0M	3.11	20.8%
2024Q1	$3.7B	$360.0M	1.35	9.7%
2023Q3	$4.2B	$1.0B	3.65	24.3%
2023Q2	$3.5B	$459.0M	1.70	13.0%
2023Q1	$2.9B	$-48.0M	-0.19	-1.7%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Material agreement, Exhibits
SEC8/7/2026material
10-Q filing
SEC7/28/2026
8-K — Results of operations, Exhibits
SEC7/28/2026material
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC7/20/2026material
8-K — Shareholder vote results
SEC5/28/2026material
8-K — Reg FD disclosure
SEC5/20/2026material
8-K — Results of operations, Exhibits
SEC4/30/2026material
10-Q filing
SEC4/30/2026
8-K — Material agreement, Material financial obligation, Exhibits
SEC2/27/2026material
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC2/17/2026material
8-K — Material agreement, Exhibits
SEC2/13/2026material
10-K filing
SEC2/11/2026
8-K — Results of operations, Exhibits
SEC1/29/2026material

2025

8-K — Results of operations, Exhibits
SEC10/28/2025material
10-Q filing
SEC10/28/2025
8-K — Material agreement, Material financial obligation, Exhibits
SEC10/1/2025material
8-K — Material agreement, Exhibits
SEC9/23/2025material
8-K — Results of operations, Exhibits
SEC7/29/2025material
10-Q filing
SEC7/29/2025

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.