Royal Caribbean Cruises RCL · USD
Consumer Discretionary · Hotels, Restaurants & Leisure · US listing · 🇺🇸 United States
S&P 500
336.98
+3.00%
Close of 9 Nov 2026, in USD
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About Royal Caribbean Cruises
From its filings with the US Securities and Exchange Commission
Royal Caribbean Cruises is based in Miami, Florida. Its shares trade on NYSE under the ticker RCL. It is a member of the S&P 500. The SEC classifies its business as water transportation. In the fiscal year to 31 December 2025, it reported revenue of $17.93bn and net income of $4.27bn. At that date it held total assets of $41.62bn and shareholders' equity of $10.04bn.
We are a vacation industry leader, owning and operating three global cruise vacation brands: Royal Caribbean, Celebrity Cruises and Silversea (collectively, our "Global Brands"). We also own a 50% joint venture interest in TUI Cruises GmbH ("TUIC"), which operates the German brands TUI Cruises and Hapag-Lloyd Cruises (collectively, our "Partner Brands"). We account for our investments in our Partner Brands under the equity method of accounting. Together, our Global Brands and our Partner Brands have a combined fleet of 69 ships in the cruise vacation industry with an aggregate capacity of approximately 179,720 berths as of December 31, 2025. Our ships offer a selection of worldwide itineraries that call on more than 1,000 destinations on all seven continents. We also own a growing portfolio of private land-based destinations, including our Perfect Day and Royal Beach Club collections.
Our competitive edge is grounded in our focus on innovation, best evidenced in the quality and variety of ships in our fleet, our exceptional product offerings and service provided by our dedicated crew, our growing portfolio of private destinations and experiences, the range of itineraries and global destinations tailored to meet diverse guest preferences, and our use and leveraging of technology. By continually reimagining vacation possibilities and investing in the maintenance and enhancement of our fleet, we inspire both new travelers and loyal repeat guests to embark on unforgettable journeys with us.
Quoted from its 10-K, filed 11 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Consumer Discretionary
- Industry
- Hotels, Restaurants & Leisure
- Listed since
- 28 Apr 1993
- Employees
- 108,000
- Website
- royalcaribbeangroup.com ↗
- Head office
- 1050 CARIBBEAN WAY, MIAMI, FL, 33132
- Classification
- Water Transportation
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Richard FainIndependent Chairman of the Board, since 1981$611,864
- Mr. Jason LibertyPresident, Chief Executive Officer, Director, since 2013$19.5m
- Mr. Naftali HoltzChief Financial Officer$5.9m
- Mr. Michael BayleyPresident and Chief Executive Officer of Royal Caribbean International$9.0m
- Ms. Laura BethgePresident - Celebrity Cruises$4.3m
- Mr. Harri KulovaaraExecutive Vice President - Maritime$4.7m
- Mr. R. Alexander LakeChief Legal Officer and Secretary
- Mr. William KimseyLead Independent Director$494,007
- Mr. John BrockIndependent Director$417,436
- Mr. Stephen HoweIndependent Director$431,150
- Gov. Michael LeavittIndependent Director$406,864
- Ms. Amy McphersonIndependent Director$398,864
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 68
- Environment
- 81
- Social
- 74
- Governance
- 50
- Direct emissions (scope 1)
- 5,375,318 t
- Energy emissions (scope 2)
- 10,166 t
- Value chain emissions (scope 3)
- 5,993,964 t
- Women in the workforce
- 24.27902%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Royal Caribbean Cruises Ltd (RCCL) has several key strengths that contribute to its success in the cruise industry. These strengths include:
Weaknesses
- Despite its strengths, RCCL also faces certain weaknesses that challenge its competitive position in the market. These weaknesses include:
Opportunities
- RCCL has several opportunities to explore and leverage, which can further strengthen its market position. These opportunities include:
Threats
- In addition to its opportunities, RCCL also faces threats that could potentially impact its business and growth prospects. These threats include:
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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