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Company Analysis

Royal Caribbean Cruises Ltd. RCL

A comprehensive view of key metrics, scores, and financial health for Royal Caribbean Cruises Ltd.

Overview of Royal Caribbean Cruises Ltd.

RCL NYQ
Consumer Cyclical Travel Services Framework: General Corporate Large Cap
Royal Caribbean Cruises Ltd. (RCL), is a Large Cap company, in the Travel Services industry, last closed at $321.07, about 71.4% overvalued vs fair value, +26.6% 1Y return, placing in the top 10% of its sector.
Metrics P/E 17.9× Rev Growth 8.8% ROE 48.5% Gross Margin 49.4% Div Yield 1.08%
USD 321.07
4.52%
(Delayed)
• Vol 90d: 37.0%
52-Week Range
Market Cap
$85.88B
Enterprise Value
$108.06B
Overall Score
View breakdown
Overall
Growth
Fair
Profitability
Good
Health
Fair
Efficiency
Fair
Valuation
Fair
Growth
Fair
Profitability
Good
Health
Fair
Efficiency
Fair
Valuation
Fair
Completeness: 100%
Confidence: 96%
Updated: Oct 31
Top Beats

Quick Facts

Website https://www.rclinvestor.com
HQ Miami, FL
Employees 107,950
Fiscal year Dec 31

Next Events

Earnings Jan 26 Estimated

Fair Value Snapshot

Bear Base Bull
$79
$92
$104
Current: $321.07 -71% vs base

Engine Room Money Flow™

Large Cap

Corporate Free Cash Flow - Where revenue goes and how value is created

Flow Steps
Revenue
$17.9B
8.8%%
Gross Profit
$8.9B
13%%
Operating Income
$4.9B
19.6%%
Net Income
$4.3B
48.3%%
Money Flow Bridge
Flow Direction: Money moves from left to right
Components: Breakdown shows composition of each stage
Industry-Specific: Corporate Free Cash Flow

Quality & Reliability Indicators

Cash Conversion Ratio FY2025
29.0%
Poor

Operating Cash Flow / Net Income

FCF / Net Income - measures how well earnings convert to cash

Locked Metric
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Owner's Pocket - Capital Allocation

Total Returned to Shareholders

Combined dividends, buybacks, and debt reduction

$2.0B
160.4% of FCF

Where It Leaks

Cash Flow Health critical
Significant cash flow inefficiencies identified. Multiple high-impact leaks require attention.
4
Active Leaks
3/4
Improving
1
High Impact
2
Critical
Locked Leak
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Locked Leak
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Moat Analysis Corporate Default

Competitive Advantage Assessment

Evaluating Royal Caribbean Cruises Ltd.'s durable competitive advantages across 6 defense dimensions

Overall Moat Strength
59
/100
Moderate
Scores based on quantitative metrics and qualitative factors
Full moat analysis

Key strengths

  • Cost Leadership Position Operating margin at 94.1th percentile with strong OpEx control demonstrates cost leadership.
  • Scale Supporting Profitability Profitability at scale is strong (score 0.73), demonstrating competitive advantages.

Key risks

  • Liquidity Concerns Liquidity is concerning (score 0.00), raising questions about short-term obligations.
  • Revenue Volatility Signals Weak Stickiness Revenue volatility is high (stability score 0.18), suggesting weak customer stickiness.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Developing
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Signals, strengths and risks for Pricing Power

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Signals, strengths and risks for Cost Advantage

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Signals, strengths and risks for Customer Stickiness

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Signals, strengths and risks for Capital Efficiency

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Signals, strengths and risks for Resilience

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Signals, strengths and risks for Scale & Market Position

Trade-Off Ledger™

Where management spends the performance budget - Growth, Profitability, or Safety

vs Industry Peers 95% Coverage
Trade-Off Triangle Visualization A ternary plot showing RCL's balance between Growth (38.7%), Profitability (45.4%), and Safety (15.9%). Growth 39% Safety 16% Profitability 45%

Click axes to expand details. Marker shows current allocation.

3-Year Trend Analysis Locked
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Growth

74th percentile vs peers
75
Key Signals
Revenue CAGR 3Y 26.6% 88p Rev Growth YoY 8.8% 66p EPS Growth YoY 51.1% 73p TSR 22.2% 68p
Strengths
  • Revenue CAGR 3Y in top 20% of peers (26.6%, 88th percentile)
  • Superior capital returns - 3 return metrics above peer median
  • Growth above peer median with strong metric coverage (85%)
  • Operating Margin in top 20% of peers (27.4%, 95th percentile)
Risks

No significant risks identified for this axis.

Profitability

87th percentile vs peers
88
Key Signals
Strengths
Risks
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Safety

30th percentile vs peers
31
Key Signals
Strengths
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Two Futures

Scenario-based fair value ranges for Royal Caribbean Cruises Ltd..

Loading valuation model...
Unable to Compute Fair Value

This company cannot be valued using standard models.

What this means: The Scenario Theatre requires financial data (revenue, cash flow, shares outstanding) to calculate fair value estimates. This data may be unavailable for:

  • Recently listed companies (IPOs, SPACs)
  • Shell companies or holding companies
  • Companies that haven't filed recent financials
  • Foreign companies with limited data coverage
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Bear
-
- - -
- upside
-
Base
$91.85
- - -
-71.4% vs current
Snapshot base estimate
Bull
-
- - -
- upside
-
Fair Value Range Current: $-
$- $- $-
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