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 Q1 2022

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Earnings data Q1 2023

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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 Cruises Ltd (NYSE:RCL) stock has been drifting lower since a July post-earnings bull gap. That peak was double RCL's 2023 closing low, with the shares now back below their pre-earnings closing low. The $98 level was resistance in mid-September before the recent technical breakdown, and $98.86 marked double the stock's 2022 close.

Technical Pressure Could Anchor Cruise Stock

Airbnb

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Palo Alto Networks

PulteGroup

Tesla

West Pharmaceutical Services

The S&P 500 is up 12.5% so far in 2023, even with the market correction. But an equal-weight ETF is up just 1%.

These Are The 12 Stocks Driving The S&P 500 Higher In 2023

Hilton Grand Vacations

InterContinental Hotels Group

Live Nation

OneSpaWorld Holdings Limited

We have identified four stocks from the consumer discretionary sector that are set to gain from the pause in interest rate hikes. These are LYV, RCL, OSW, HGV and IHG.

5 Stocks to Gain From Fed's Decision to Pause Rate Hikes

The Leisure & Recreation Services industry is hurt by a sluggish global economy. However, the industry benefits from optimizing business processes and consistent strategic partnerships.

3 Leisure & Recreation Services Stocks to Buy Despite Industry Gloom

American Airlines

Autodesk

Advanced Micro Devices

Simon Property Group

Constellation Brands

Target

With uncertainty looming for the rest of the year, it's time to consider which S&P 500 stocks to sell. Is the stock market set to rally into year-end or take a terrible tumble this fall?

Beware! 7 S&P 500 Stocks Waving Massive Red Flags Right Now.

SPDR S&P 500 ETF Trust

For the first time since 2018, the S&P 500 Index has recorded 100 consecutive sessions without a daily drop of 1.5% or more.

S&P 500 Shows Resilience: 5 Top Stocks in the ETF

Apple

B&G Foods

Bill.com

Clorox

Intuit

Microsoft

Planet Fitness

SentinelOne

Splunk

Here are some of the tickers on my radar for Tuesday, Sept. 19 taken directly from my reporter's notebook.

Here are the 13 stocks Jim Cramer is watching, including Amazon, Apple, Carnival

Royal Caribbean has a huge amount of debt on its balance sheet. The company operates in a cyclical industry.

3 Reasons to Avoid Royal Caribbean Stock

Since peaking in July, Royal Caribbean is down 15%, Carnival has fallen 23%, and Norwegian is down 25%.

Royal Caribbean, Carnival Catch Upgrades. Why It's Time to Get Back on Board.

Royal Caribbean International's Symphony of the Seas is the first in the maritime industry to successfully test and use a biofuel blend in Barcelona to reduce the ship's carbon emissions MIAMI , Sept. 19, 2023 /PRNewswire/ -- This week, Royal Caribbean Group (NYSE: RCL) laid important groundwork for the industry's alternative fuel ambitions by completing over 12 consecutive weeks of biofuel testing in Europe.

Royal Caribbean Group Drives Forward Alternative Fuel Use with The Successful Completion of Biofuel Testing

Norwegian Cruise Line

Analysts upgraded Carnival, Norwegian Cruise Line on Thursday as a surge in retiree demand fuels rapid recovery for cruise lines.

A Gray Wave Of Vacations Will Lift Cruise Lines 40% Or More, Analyst Says

The All-New Beachfront Paradise Opens on the Top-Rated Private Island in The Bahamas in January 2024 The new Hideaway Beach on Perfect Day at CocoCay introduces the first adults-only escape on Royal Caribbean International's award-winning private island in January 2024, complete with private beaches and pools, dedicated bars and dining options, 20 cabanas and more. MIAMI , Sept.

ROYAL CARIBBEAN REVEALS HIDEAWAY BEACH, THE FIRST ADULTS-ONLY ESCAPE ON PERFECT DAY AT COCOCAY

After Breaking All-Time Booking Records , the First-of-its-Kind Vacation is Now Open for 2025-26 and Visiting New Destinations in the Caribbean from Miami MIAMI , Sept. 12, 2023 /PRNewswire/ -- Following a record-breaking response to the new Icon of the Seas , Royal Caribbean International is opening the highly anticipated vacation's next lineup of 7-night adventures from Miami three months ahead of schedule.

CONSUMER DEMAND SPARKS ROYAL CARIBBEAN TO OPEN NEW ICON OF THE SEAS VACATIONS EARLY

The cruise ship industry was battered by the COVID-19 pandemic but is fighting its way back.

Best Stocks to Buy: Carnival Stock vs. Royal Caribbean Stock

Delta Air Lines

Disney

Expedia

Hilton Worldwide Holdings

MGM Resorts

The search for the best travel stocks has recently gained momentum, and for good reason. Post-pandemic, travel and tourism sectors have rebounded impressively.

The 7 Best Travel Stocks to Buy Now: September 2023

MakeMyTrip

The global travel and tourism industry went through one of the worst phases during the pandemic. Companies faced slumps in revenue and they drained financial resources in a quest for survival.

3 Travel Stocks Poised to Fly High in 2024

Unlocking hidden gems and iconic cities, Silversea's summer 2025 voyage collection includes two new Grand Voyages and 24 maiden calls Watch a video on Silversea's new summer 2025 voyage collection. MIAMI , Sept.

GEMS AND ICONS: SILVERSEA® OPENS EXCLUSIVE PRE-SALE ON 206 NEW VOYAGES FOR SUMMER 2025

Snowflake

The United States economy added 187,000 new jobs last month, and this is accompanied by an unexpected rise in the unemployment rate to 3.8% . This in turn raises the odds for the soft landing that the Federal Reserve wanted.

The 3 Best Long-Term Stocks to Buy Now: September 2023

Iron Mountain

Nucor

Old Dominion Freight Line

Year to date, the S&P 500 and other leading market indexes have been strong. However, thanks to interest rates, the Federal Reserve, and growing fears of a recession, we've seen some cracks in the armor.

7 S&P 500 Stocks to Sell in September Before They Crash & Burn

Alto Ingredients

Marriott

Consumer discretionary stocks like Alto Ingredients, Inc. (ALTO), Hilton Grand Vacations Inc. (HGV), Marriott International, Inc. (MAR), Royal Caribbean Cruises Ltd. (RCL) and OneSpaWorld Holdings Limited (OSW) are likely to benefit from the rise in consumer spending.

5 Stocks to Add to Your Portfolio on Soaring Consumer Spending

Caterpillar

We have narrowed our search to five growth stocks that have solid upside left for the rest of 2023. These are: AMZN, NVDA, CAT, SPLK, RCL.

Can Markets Resume Northward Journey in September? 5 Picks

Bluegreen Vacations 

Most travel and tourism-related companies have seen significant growth over the past couple of years following the large travel drop-off for the average consumer due to the pandemic. The industry is in a much better place financially, with demand for traveling growing.

The 3 Most Promising Travel Stocks to Own Now

DraftKings

PepsiCo

We have narrowed our search to five consumer-centric stocks that have strong potential for the rest of 2023. These are: LYV, RCL, DKNG, MAR, PEP.

Wall Street Ignores Powell's Rate Hike Warning: 5 Picks

The World's Largest Cruise Line  is Set to Become the Club's Main Partner and Official Vacation Partner MIAMI , Aug. 25, 2023 /PRNewswire/ -- Royal Caribbean International and Inter Miami CF have joined forces in an unprecedented, multiyear partnership that will combine the passion and commitment of the respective powerhouses in vacations and sports. Royal Caribbean will become the Club's Main Partner and Official Vacation Partner.

SOUTH FLORIDA-BASED POWERHOUSES ROYAL CARIBBEAN AND INTER MIAMI CF ANNOUNCE UNPRECEDENTED PARTNERSHIP

News for Royal Caribbean Cruises Stock (RCL)