Fundamental analysis · SEC EDGAR · TTM through 31/03/2026

Fundamental analysis of Royal Caribbean Cruises Ltd

RCL · NYSE · Industrial

Fundamental quality

ATTRACTIVE

89

out of 100

Breakdown by area

I.GrowthEPS growth: 42.7% · Revenue growth: 25.3%
95
II.ProfitabilityNet margin: 24.4% · ROE: 45.7%
95
III.Financial healthNet debt/EBITDA: 1.04x · FCF: 7.5%
77

Source: SEC EDGAR · TTM through 31/03/2026

The score combines growth, profitability and financial strength. Here its growth weighs in its favor, while its financial strength drags it down the most.

Strengths

  • High net margin (24.4%), a sign of a very profitable business.
  • Strong return on equity (ROE of 45.7%).
  • Growing revenue (25.3% annualized).
  • Growing earnings per share (42.7% annualized).

Risks and weaknesses

  • No clear weaknesses in the recent fundamentals, though the system doesn't assess qualitative factors (competition, regulation, management).

Historical evolution

YearRevenueNet incomeFree cash flowNet debt
2021$1,532M-$5,260M-$4,108M-$459M
2022$8,840M-$2,156M-$2,229M$153M
2023$13,900M$1,697M$580M$1,223M
2024$16,484M$2,877M$1,997M$1,215M
2025$17,935M$4,268M$1,236M$2,355M

Between 2021 and 2025, revenue went from $1,532M to $17,935M (+1071%) and net income went from -$5,260M to $4,268M (+181%).

Annual figures in U.S. dollars per SEC filings. Net debt is total debt minus cash.

Frequently asked questions

Is Royal Caribbean Cruises Ltd a profitable company?

Yes. Royal Caribbean Cruises Ltd shows a net margin of 24.4% and an ROE of 45.7%, a sign of a profitable business.

Does Royal Caribbean Cruises Ltd have a lot of debt?

Not particularly. Its net debt is 1.04 times its EBITDA, a low level.

Is Royal Caribbean Cruises Ltd growing?

Its revenue has grown 25.3% annualized in recent years and its earnings per share 42.7%.

Does Royal Caribbean Cruises Ltd generate cash?

Yes. It converts about 7.5% of its revenue into free cash flow.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

Is Royal Caribbean Cruises Ltd cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

Compute the valuation →
Advertising

Where to buy Royal Caribbean Cruises Ltd?

Brokers you can use to invest in U.S. and European stocks.

Compare the brokers →