Royal Caribbean Cruises Ltd
Statements
Ratios
Valuation ratios (P/E, P/S, EV/EBITDA and the other multiples) are based on the closing price at the end of each period, not on the current price. Margins and returns are shown in percent, multiples without a unit, per-share figures in the reporting currency, net debt in millions.
Tick rows to compare them in a chart (up to 4)
| Line item | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||||
| 9.9 | 23.4 | 20.2 | 23.9 | 11.5 | 12.3 | 9.3 | 24.5 | 24.1 | 13.8 | 14.1 | 15.0 | 5.2 | 33.5 | 19.8 | 9.0 | 408.0 | 22.1 | 24.1 | 33.5 | 13.8 | 15.8 | 11.4 | 14.9 | – | – | – | 21.6 | 22.4 | 17.8 | |
| 1.1 | 2.1 | 2.5 | 3.6 | 1.8 | 1.0 | 1.0 | 1.8 | 2.5 | 2.0 | 1.7 | 1.5 | 0.5 | 0.9 | 1.5 | 0.7 | 1.0 | 1.3 | 2.3 | 2.7 | 2.1 | 2.9 | 2.2 | 2.6 | 7.2 | 12.6 | 1.4 | 2.6 | 3.9 | 4.2 | |
| 1.4 | 2.0 | 2.7 | 2.8 | 1.4 | 0.8 | 0.8 | 1.6 | 2.4 | 1.8 | 1.5 | 1.3 | 0.4 | 0.7 | 1.3 | 0.6 | 0.9 | 1.2 | 2.2 | 2.8 | 1.9 | 2.4 | 1.9 | 2.3 | 1.8 | 3.8 | 4.4 | 7.8 | 8.5 | 7.6 | |
| 1.1 | 2.1 | 2.5 | 3.6 | 2.9 | 2.6 | 2.5 | 3.3 | 3.8 | 2.8 | 2.7 | 2.4 | 1.5 | 2.3 | 2.8 | 1.8 | 2.0 | 2.3 | 3.3 | 3.7 | 3.2 | 3.8 | 3.3 | 3.6 | 14.4 | 24.7 | 3.9 | 4.1 | 5.1 | 5.4 | |
| – | – | 9.7 | 13.6 | 10.4 | 10.6 | 9.5 | 13.9 | 15.2 | 10.9 | 11.1 | 10.5 | 7.1 | 12.9 | 12.4 | 8.1 | 14.3 | 11.8 | 14.8 | 17.4 | 10.9 | 11.5 | 9.8 | 10.9 | – | – | 55.5 | 12.6 | 13.8 | 14.0 | |
| – | – | – | – | – | – | 18.2 | – | 25.6 | 14.5 | – | – | – | – | – | 19.3 | 82.7 | 16.2 | – | 67.1 | 794.5 | 11.1 | – | 40.5 | – | – | – | 63.2 | 32.2 | 61.6 | |
| -28.3% | -20.1% | -1.9% | -4.2% | -11.4% | -35.3% | 5.5% | -2.5% | 3.9% | 6.9% | -2.6% | -0.5% | -39.0% | -30.0% | -5.1% | 5.2% | 1.2% | 6.2% | -0.4% | 1.5% | 0.1% | 9.0% | -0.9% | 2.5% | -35.6% | -21.2% | -17.7% | 1.6% | 3.1% | 1.6% | |
| Margins | ||||||||||||||||||||||||||||||
| 37.0% | 37.1% | 39.5% | 41.2% | 42.3% | 38.5% | 38.5% | 37.1% | 38.1% | 38.9% | 37.9% | 35.2% | 32.6% | 30.9% | 34.0% | 34.4% | 32.9% | 33.3% | 34.3% | 38.6% | 41.0% | 44.2% | 44.6% | 44.6% | -25.2% | -78.8% | 25.2% | 44.1% | 47.5% | 46.8% | |
| -47.0% | -47.2% | 18.5% | 18.9% | 19.9% | 14.5% | 16.0% | 13.9% | 16.5% | 17.8% | 16.4% | 14.7% | 12.7% | 8.3% | 11.9% | 12.4% | 5.2% | 10.0% | 11.7% | 10.5% | 17.4% | 19.9% | 20.0% | 19.0% | -208.3% | -252.6% | -8.7% | 20.7% | 24.9% | 27.4% | |
| 11.1% | 9.0% | 12.5% | 15.1% | 15.5% | 8.1% | 10.2% | 7.4% | 10.4% | 14.6% | 12.1% | 9.8% | 8.8% | 2.8% | 7.6% | 8.1% | 0.2% | 6.0% | 9.5% | 8.0% | 15.1% | 18.5% | 19.1% | 17.2% | -262.5% | -343.3% | -24.4% | 12.2% | 17.5% | 23.8% | |
| -31.2% | -42.5% | -4.7% | -15.3% | -20.3% | -35.1% | 5.3% | -4.5% | 9.8% | 13.9% | -4.4% | -0.8% | -17.6% | -27.7% | -7.8% | 3.7% | 1.2% | 8.1% | -0.8% | 4.0% | 0.3% | 26.3% | -1.9% | 6.3% | -257.9% | -268.1% | -25.2% | 4.2% | 12.1% | 6.9% | |
| Returns | ||||||||||||||||||||||||||||||
| 13.9% | 8.7% | 13.5% | 11.8% | 12.3% | 6.8% | 8.7% | 6.6% | 9.9% | 12.9% | 10.4% | 8.9% | 8.4% | 2.2% | 6.5% | 7.2% | 0.2% | 5.4% | 9.2% | 8.3% | 14.1% | 15.2% | 16.3% | 15.4% | -66.2% | -103.4% | -75.1% | 35.9% | 38.0% | 42.6% | |
| 5.3% | 3.3% | 5.8% | 6.0% | 5.7% | 2.5% | 3.3% | 2.5% | 4.0% | 6.4% | 4.7% | 4.0% | 3.5% | 0.9% | 2.6% | 3.1% | 0.1% | 2.4% | 3.7% | 3.2% | 5.8% | 7.3% | 6.5% | 6.2% | -17.9% | -16.3% | -6.4% | 4.8% | 7.8% | 10.3% | |
| Balance Sheet & Debt | ||||||||||||||||||||||||||||||
| -27 | 30 | -45 | 65 | 3,232 | 4,919 | 5,202 | 5,506 | 5,978 | 4,029 | 5,309 | 5,467 | 6,609 | 8,135 | 8,730 | 8,234 | 8,295 | 7,870 | 8,255 | 8,406 | 9,255 | 7,419 | 10,490 | 10,888 | 15,747 | 18,457 | 21,536 | 21,020 | 19,762 | 20,610 | |
| – | – | -0.1 | 0.1 | 4.0 | 6.5 | 5.8 | 6.2 | 5.2 | 3.2 | 4.1 | 3.9 | 4.9 | 7.7 | 5.7 | 4.9 | 7.5 | 5.0 | 4.6 | 4.7 | 3.7 | 2.6 | 3.3 | 3.1 | – | – | 35.0 | 4.6 | 3.2 | 3.0 | |
| 38.2% | 37.8% | 43.2% | 51.1% | 46.2% | 36.2% | 38.3% | 37.6% | 40.2% | 49.3% | 45.5% | 45.1% | 41.3% | 41.1% | 40.3% | 42.5% | 41.9% | 43.9% | 40.0% | 38.8% | 40.9% | 47.9% | 40.1% | 40.1% | 27.0% | 15.8% | 8.5% | 13.4% | 20.4% | 24.1% | |
| 0.0 | 0.1 | 0.1 | 0.0 | 0.9 | 1.5 | 1.3 | 1.4 | 1.4 | 0.7 | 0.9 | 0.8 | 1.0 | 1.1 | 1.2 | 1.0 | 1.0 | 0.9 | 1.0 | 1.1 | 1.0 | 0.7 | 1.0 | 0.9 | 2.2 | 4.2 | 8.2 | 4.6 | 2.7 | 2.1 | |
| Per Share | ||||||||||||||||||||||||||||||
| 1.18 | 1.14 | 1.83 | 2.06 | 2.31 | 1.32 | 1.79 | 1.42 | 2.26 | 3.26 | 2.94 | 2.82 | 2.68 | 0.75 | 2.37 | 2.77 | 0.08 | 2.14 | 3.43 | 3.02 | 5.93 | 7.53 | 8.56 | 8.95 | -27.05 | -20.89 | -8.45 | 6.00 | 10.31 | 15.65 | |
| 10.61 | 12.62 | 14.59 | 13.66 | 14.86 | 16.32 | 17.50 | 19.15 | 21.69 | 22.33 | 24.25 | 28.74 | 30.50 | 27.36 | 31.02 | 34.38 | 35.03 | 36.03 | 36.20 | 37.61 | 39.28 | 40.70 | 44.88 | 52.16 | 10.31 | 6.08 | 34.67 | 49.12 | 59.09 | 65.70 | |
| 8.48 | 13.14 | 13.58 | 17.50 | 18.75 | 19.49 | 20.56 | 21.57 | 22.87 | 25.29 | 28.25 | 31.58 | 31.76 | 34.83 | 36.48 | 38.35 | 37.86 | 39.87 | 37.14 | 36.54 | 42.17 | 49.62 | 52.49 | 57.94 | 40.87 | 20.20 | 11.25 | 16.69 | 27.11 | 36.77 | |
| -3.31 | -5.37 | -0.69 | -2.09 | -3.02 | -5.73 | 0.92 | -0.87 | 2.12 | 3.10 | -1.08 | -0.23 | -5.38 | -7.58 | -2.41 | 1.29 | 0.41 | 2.93 | -0.30 | 1.51 | 0.10 | 10.71 | -0.86 | 3.29 | -26.58 | -16.31 | -8.74 | 2.05 | 7.16 | 4.53 | |
Data as of: October 6, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.