Valuation Royal Caribbean Cruises Ltd.

Stocks

Market Closed - NYSE Other stock markets 21:00:02 20/07/2026 BST			5-day change	1st Jan Change
286.16 ^USD	-0.28%		+0.28%	+2.60%

07-20	Citigroup Adjusts Price Target on Royal Caribbean to $327 From $362, Maintains Buy Rating	MT
07-15	Royal Caribbean, Norwegian Cruise Line to See Lower Net Yields in H2 Due to Iran Conflict, Morgan Stanley Says	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	19,593	12,614	33,180	62,027	76,065	76,747	-	-
Change	-	-35.62%	163.05%	86.94%	22.63%	0.9%	-	-
Enterprise Value (EV) ¹	38,556	34,070	54,135	81,715	96,585	98,355	97,946	97,561
Change	-	-11.64%	58.89%	50.95%	18.2%	1.83%	-0.42%	-0.39%
P/E	-3.68x	-5.85x	20.5x	21.1x	17.9x	16.7x	14.4x	12.7x
PBR	3.85x	4.4x	7.03x	7.96x	7.51x	6.47x	5.33x	4.56x
PEG	-	0.1x	-0x	0.3x	0.4x	1.7x	0.9x	0.9x
Capitalization / Revenue	12.8x	1.43x	2.39x	3.76x	4.24x	3.91x	3.65x	3.36x
EV / Revenue	25.2x	3.85x	3.89x	4.96x	5.39x	5.02x	4.66x	4.28x
EV / EBITDA	-17.9x	47.9x	11.9x	13.7x	13.7x	12.8x	11.6x	10.6x
EV / EBIT	-11.2x	-49x	17.5x	19.9x	19.7x	18x	16.1x	14.4x
EV / FCF	-9.39x	-15.3x	93.3x	40.9x	78.1x	45.1x	28.1x	27.3x
FCF Yield	-10.7%	-6.54%	1.07%	2.44%	1.28%	2.22%	3.55%	3.66%
Dividend per Share ²	-	-	-	0.95	3.5	4.911	5.45	6.233
Rate of return	-	-	-	0.41%	1.25%	1.72%	1.9%	2.18%
EPS ²	-20.89	-8.45	6.31	10.94	15.61	17.14	19.88	22.59
Distribution rate	-	-	-	8.68%	22.4%	28.6%	27.4%	27.6%
Net sales ¹	1,532	8,841	13,900	16,484	17,935	19,606	21,038	22,821
EBITDA ¹	-2,150	711.6	4,544	5,971	7,025	7,660	8,452	9,244
EBIT ¹	-3,443	-695.1	3,089	4,106	4,910	5,473	6,084	6,763
Net income ¹	-5,260	-2,156	1,697	2,877	4,268	4,634	5,307	5,921
Net Debt ¹	18,963	21,456	20,955	19,688	20,520	21,609	21,200	20,814
Reference price ²	76.90	49.43	129.49	230.69	278.92	286.16	286.16	286.16
Nbr of stocks (in thousands)	254,790	255,182	256,235	268,875	272,713	268,195	-	-
Announcement Date	04/02/22	07/02/23	01/02/24	28/01/25	29/01/26	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ROYAL CARIBBEAN CRUISES LTD.	16.74x	5.03x	12.87x	1.71%	76.96B
CARNIVAL CORPORATION LTD.	11.9x	2.15x	8.28x	2.27%	36.17B
NORWEGIAN CRUISE LINE HOLDINGS LTD.	12.74x	2.4x	9.48x	-.--%	8.93B
LINDBLAD EXPEDITIONS HOLDINGS, INC.	162.76x	2.5x	15.38x	-	1.81B
Average	51.04x	3.02x	11.50x	1.33%	30.97B
Weighted average by Cap.	17.18x	3.96x	11.32x	1.75%