Revenue segments as reported by the company.

Passenger ticket revenues

Onboard and other revenues

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Marketing, selling and administrative

Depreciation and amortization

Impairment and credit losses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Royal Caribbean Cruises

Celebrity Cruises is a premium cruise line which was founded in 1988 by the Greece-based Chandris Group. In 1997, Celebrity Cruises Ltd. merged with Royal Caribbean International to become Royal Caribbean Cruises Ltd., which operates Celebrity, Royal Caribbean International, Azamara Club Cruises, Pullmantur Cruises and CDF Croisières de France.

Celebrity Cruises

Royal Caribbean Group is a cruise company, which engages in the ownership and operation of the following global cruise brands: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. The firm also holds interest in TUI Cruises GmbH, which operates the German brands TUI Cruises and Hapag-Lloyd Cruises. The company was founded by Arne Wilhelmsen in 1968 and is headquartered in Miami, FL.

Earnings data Q1 2021

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Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q1 2024

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Earnings data Q4 2024

Royal Caribbean Group posts record vacations and revenue growth outlook

Royal Caribbean Group's Q4 2022 performance reflects strong demand, record vacations, and strategic growth initiatives despite a net loss, with a focus on cost control and profitability.
The company's strengths in market positioning, pricing power, unique offerings like CocoCay, and recovery expectations for TUI cruises signal resilience and growth potential.
Challenges include managing costs, market uncertainties like China reopening, and aligning growth with historical levels, while opportunities exist in ESG initiatives, consumer trends, and market expansion.
With a focus on enhancing guest experiences, driving revenue, and improving financial metrics, Royal Caribbean Group aims to navigate challenges and capitalize on growth opportunities in the cruise industry.

Royal Caribbean Group excels in Q1 2023, eyes strong growth

Royal Caribbean Group's Q1 2023 showcased exceptional performance, strong demand, and strategic initiatives driving growth and profitability. The company's focus on enhancing customer experiences, sustainability, and financial returns positions it well for future success. Challenges in managing expectations and market uncertainties are balanced by opportunities in net yield growth, market expansions, and value proposition enhancements.

Royal Caribbean beats Q2 expectations, eyes growth amid strong demand

Royal Caribbean Cruises demonstrated strong operational and financial performance in Q2, driven by robust consumer demand and strategic initiatives.
While facing cost pressures and liquidity challenges, the company's focus on debt reduction and margin expansion positions it for long-term success.
Opportunities lie in accelerating booking volumes, capacity expansion, and value optimization to drive revenue growth and market share gains.
Investors should take note of the company's solid performance, disciplined financial approach, and growth prospects in the cruise industry.

Royal Caribbean beats Q3 expectations, eyes sustainability and AI

Royal Caribbean Group's Q3 performance exceeded expectations with strong yield growth and record onboard revenue.
The company's focus on sustainability, strong balance sheet, and optimism for future growth are key strengths.
Challenges include geopolitical impacts and the need to balance pricing power with market share growth.
Opportunities lie in exceptional demand for new ships, accelerating bookings, and leveraging AI for pricing optimization.

Royal Caribbean reports record-breaking Q4 revenue and strong 2024 outlook

Royal Caribbean's strong financial performance in 2023 and optimistic outlook for 2024 showcase its resilience and growth potential. The company's focus on sustainability, innovative products, and digital investments positions it well for future success. Managing costs while driving revenue growth remains a key priority for enhancing shareholder value.

Royal Caribbean Group surpasses Q1 expectations, eyes growth opportunities

Royal Caribbean Group reported strong Q1 results, exceeding expectations and showing positive growth outlook.
The company is focused on delivering exceptional guest experiences, expanding its fleet, and optimizing revenue.
Challenges include balancing capacity growth, maintaining balance sheet strength, and competing with land-based alternatives.
Opportunities lie in expanding into new segments, enhancing guest experiences, and capturing market share in a growing industry.

Royal Caribbean surpasses Q2 expectations, sets strong growth trajectory

Royal Caribbean Group's Q2 2024 performance exceeded expectations, showcasing resilience and strategic planning. The company's strengths in onboard spend, consumer preferences, and sustainability efforts position it well for future growth. Challenges in cost controls and external risks require continued vigilance, while opportunities in experiences and sustainability drive optimism for future performance.

Royal Caribbean Cruises reports strong Q3 results and growth opportunities

Royal Caribbean Cruises (RCL) delivered exceptional Q3 results and increased full-year guidance amidst strong demand trends.
The company's focus on sustainability, innovation, and guest experience enhancements positions it for long-term success.
While facing challenges such as managing capacity growth and financial investments, RCL remains committed to operational excellence.
Opportunities lie in revenue growth, new destination expansions, and optimizing yield profile for enhanced profitability.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Royal Caribbean's focus on moderate capacity growth, disciplined cost management and yield improvement ensures sustainable shareholder value.

RCL Stock Hits 52-Week High: Should You Wait for a Dip or Buy Now?

Delta Air Lines

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Thanksgiving Travel Set to Break Records. It's Not Just Airline Stocks Getting a Lift.

Royal Caribbean (RCL) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Royal Caribbean Cruises Ltd. (RCL) Hits Fresh High: Is There Still Room to Run?

Recently, Zacks.com users have been paying close attention to Royal Caribbean (RCL). This makes it worthwhile to examine what the stock has in store.

Royal Caribbean Cruises Ltd. (RCL) is Attracting Investor Attention: Here is What You Should Know

From Star and Icon of the Seas to all-time favorites, adventures of all kinds set the stage for vacationers to explore the tropics and more MIAMI , Nov. 19, 2024 /PRNewswire/ -- Vacationers are in for more ways to make memories across Royal Caribbean's latest combination of tropical and Northeast 2026-27 getaways. The lineup of 12 Royal Caribbean ships rounds out a variety of adventures across Florida, Texas, Puerto Rico and the Northeast for every type of family and vacationer to get away any time of year.

ROYAL CARIBBEAN BRINGS THE ACTION WITH 2026-27 CARIBBEAN AND NORTHEAST LINEUP

Market trends continue to point to durable cruise demand, with Cruise Lines International Association already projecting robust growth in passengers and capacity through 2027. These developments naturally trigger RCL's raised FY2024 guidance along with the raised consensus forward estimates, with it implying that the worst of the COVID-19 pandemic is behind us. If anything, the company continues to report improved balance sheet health attributed to the richer adj EBITDA margins, despite the new fleet deliveries.

Royal Caribbean: Let Your Winners Run - Downgrade To Hold

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Here's Why Royal Caribbean (RCL) is a Strong Value Stock

Carnival

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The Leisure & Recreation Services industry gains from macroeconomic tailwinds, particularly the Federal Reserve's interest rate reduction. Stocks like RCL, CCL, NCLH and CNK are better positioned to gain from the industry trends.

4 Stocks to Buy From Promising Leisure & Recreation Services Industry

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Brokers Suggest Investing in Royal Caribbean (RCL): Read This Before Placing a Bet

Booking Hlds

Marriott

Going places to gather experiences, learn and relax is what people do as income grows and these travel stocks are likely to benefit from that trend.

Why I've Got an Eye On These Travel Stocks

CCL has outperformed in 3Q24, aiming at even stronger results in guidance through this year and the next three. The stock spiked on earnings call indicating more to come based on management guidance conviction for balance of '24 and '25. CCL's strength in the Millennial generations will power its growth ahead while maintaining its grip on the over 62 base customer.

Carnival Cruise Lines: Knockout 3Q24 Results May Auger A Rocket Ride Beyond Bullish Analyst PTs

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These stocks may have done well this year, but here's the case for owning them for another two decades or more.

3 Soaring Stocks to Hold for the Next 20 Years

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According to a March 2023 study from the Bank of America Institute about consumer spending, seniors born in 1964 or earlier were the only age cohort in the U.S.

These 3 Stocks Are Winning Thanks to Baby Boomers

Investors interested in stocks from the Leisure and Recreation Services sector have probably already heard of Royal Caribbean (RCL) and Atour Lifestyle Holdings Limited Sponsored ADR (ATAT). But which of these two companies is the best option for those looking for undervalued stocks?

RCL or ATAT: Which Is the Better Value Stock Right Now?

Here is how Royal Caribbean (RCL) and Ralph Lauren (RL) have performed compared to their sector so far this year.

Are Consumer Discretionary Stocks Lagging Royal Caribbean Cruises (RCL) This Year?

The cruise operators were unfortunately locked into an epicenter industry in the consumer discretionary sector during the COVID-19 pandemic. The spread of the disease onboard cruise ships spurred fears that no one would ever want to take a cruise again and risk catching a fatal infection.

Carnival or Royal Caribbean—Which Cruise Stock Has More Upside?

Royal Caribbean has returned to smoother waters, but this is not news to investors.

Royal Caribbean Stock Is Up Over 150% In the Last Year. Is It Too Late to Buy?

Is It Worth Investing in Royal Caribbean (RCL) Based on Wall Street's Bullish Views?

Royal Caribbean Cruises Ltd RCL reported upbeat earnings for the third quarter.

Royal Caribbean Cruises Posts Q3 Earnings Beat, But Analysts Say All Is Not Well

Royal Caribbean Cruises Ltd.  RCL shares are trading higher on Tuesday.

Royal Caribbean's Q3 EPS Beats, But Goldman Sachs Cautions On Rising Q4 Costs And EPS Impact

Royal Caribbean Cruises Ltd. (NYSE:RCL ) Q3 2024 Earnings Conference Call October 29, 2024 10:00 AM ET Company Participants Blake Vanier - Vice President of Investor Relations Jason Liberty - President and Chief Executive Officer Naftali Holtz - Chief Financial Officer Michael Bayley - President and Chief Executive Officer, Royal Caribbean International Conference Call Participants Brandt Montour - Barclays Bank Steven Wieczynski - Stifel, Nicolaus & Company, Inc. Matthew Boss - JPMorgan Chase & Co. Vince Ciepiel - Cleveland Research Company Benjamin Chaiken - Mizuho Securities USA Lizzie Dove - Goldman Sachs Group, Inc. Robin Farley - UBS Conor Cunningham - Melius Research James Hardiman - Citigroup Inc. Operator Good morning.

Royal Caribbean Cruises Ltd. (RCL) Q3 2024 Earnings Call Transcript

Royal Caribbean stock surged to clear an add-on opportunity Tuesday after the cruise giant hiked its outlook with Q3 results.

Royal Caribbean Clears Entry, Surges On Results, Hiked Guidance

RCL's third-quarter performance benefits from stronger pricing on close-in demand, continued growth in onboard revenues and reduced costs.

Royal Caribbean Q3 Earnings Surpass Estimates, '24 View Up

Although the revenue and EPS for Royal Caribbean (RCL) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Royal Caribbean (RCL) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Royal Caribbean Cruises Ltd (NYSE:RCL) has increased earnings guidance for the year on an uptick in revenue over the third quarter but warned of a hit from Hurricane Milton. Guidance for adjusted per-share earnings was increased by 1.7% at the midpoint to between $11.57 and $11.62 for the full year in third-quarter results on Tuesday.

News for Royal Caribbean Cruises Stock (RCL)