Royal Caribbean Cruises Ltd. (RCL)
NYSE · Consumer Discretionary · market cap 76.34B
Share price
$321.10
At the last nightly close
Intrinsic value
$161.25
A single conservative estimate.
Margin of safety
-49.8%
($161.25 − $321.10) ÷ $321.10
EV / EBIT
115.9
On the median operating profit of 15 fiscal years through 2025.
How these numbers are computed
The valuations are calculated in Python from filed accounts, not written by a language model. Three methods run side by side: earnings power value, which capitalises a normalised operating profit; a free-cash-flow model; and the Graham Number as an asset-side cross-check. The conservative figure above starts from the lower of the first two; the Graham Number never enters it.
The frame gives no credit for growth unless the company has earned it: only a return on invested capital that has beaten the cost of capital year after year earns a growth credit, and that credit is capped. A company that compounds will therefore usually read as expensive against it — that is deliberate. It is a price-discipline floor, not a price target, and it is not a view on what the shares will do.
The EV/EBIT ranking uses the median operating profit of up to fifteen fiscal years — a full cycle — where the free screeners use the last twelve months. When the data cannot support a method, the figure reads n/a rather than a number: a free-cash-flow valuation on a bank, a PEG on erratic earnings, a multiple on a company with no operating profit to speak of.
Fundamentals from SEC EDGAR. Prices, market data and technicals from yfinance. Valuation computed 2026-11-02.
Key metrics
Market position
Annual financials
| Period | Revenue | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|
| 2025-FY | 17.93B | 4.91B | 4.27B | 15.75 | 1.24B |
| 2024-FY | 16.48B | 4.11B | 2.88B | 11.00 | 2.00B |
| 2023-FY | 13.90B | 2.88B | 1.70B | 6.63 | 580.0M |
| 2022-FY | 8.84B | -766.0M | -2.16B | -8.45 | -2.23B |
| 2021-FY | 1.53B | -3.87B | -5.26B | -20.89 | -4.11B |
Filed figures from SEC EDGAR, in the reporting currency.
Next earnings
Recent news
- RCL Stock Gains 17% In A Week: Citi Drops Upside Catalyst Watch As Investors Warm To Sandals Dealfinance.yahoo.com
- ROYAL CARIBBEAN GROUP REPORTS SECOND QUARTER RESULTS ABOVE EXPECTATIONS AND RAISES FULL YEAR GUIDANCEprnewswire.com
- What to Expect From Royal Caribbean Cruises’ Q3 2026 Earnings Reportbarchart.com
- Top analyst calls to consider, Royal Caribbean CFO talks earnings beat and cruise demandyoutube.com
- RCL Stock - Royal Caribbean Stock Price - NYSE | Morningstarmorningstar.com
Headlines link to their source. Sperio does not republish article text.
The figures above are the arithmetic. To see what a board of eight AI agents makes of them — macro, sector, filings, news and a devil's advocate whose only job is to attack the thesis — run the full analysis on RCL.
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This page presents computed figures and filed financial data for information only. It is not investment advice, not a recommendation to buy or sell any security, and not a statement about what these shares will do. Sperio is a research tool, not an investment adviser. Figures are derived automatically from public filings and market data and may be incomplete, out of date or wrong. See the Terms & Disclaimer.