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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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

RCL remains a Buy, thanks to the excellent consumer demand and the cruise's robust pricing power, as observed in the higher deposits and growing profit margins. The company's strategic moves, such as effective fuel hedging and efficient operating expenses, have contributed to its improving bottom lines and raised FY2024 adj EPS guidance. With the cruise company likely to achieve its ambitious 2025 Trifecta goal in 2024 and the stock finally trading near its historical valuations, RCL remains a Buy at all dips.

Royal Caribbean Keeps Delivering - Fade The Rally Before Adding

Royal Caribbean is the only cruise line that didn't fall short of analyst revenue targets this quarter. When it comes to recent and historical profit margins, Royal Caribbean sails past its rivals.

3 Reasons Royal Caribbean Is the Best Cruise Line Stock

Norwegian Cruise Line

Norwegian Cruise Line posted mixed financial results on Wednesday but joins its larger rivals in boosting its bottom-line guidance. All three stocks are now trading for less than 15 times this year's projected earnings.

What's Good for Royal Caribbean and NCL Is Great for Carnival Stock

Royal Caribbean (RCL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

All You Need to Know About Royal Caribbean (RCL) Rating Upgrade to Strong Buy

Lindblad Expeditions

Though travel and cruise stocks have yet to return to their pre-Covid-19 levels, 2024 may be the year of vacations. According to U.S. cruise operators and travel agents, travelers have booked record levels of cruise tickets, surpassing 2019's numbers.

All Aboard: 3 Cruise Line Stocks to Ride the Vacation Boom

Iridium Communications

KLA-Tencor

Wall Street is keeping a close eye on analyst reviews and price targets for stocks during this earnings season. Therefore, recent Barclays price targets on a trio of companies signal a bullish stance.

Barclays Just Raised Its Price Target on These 3 Stocks

Carnival

The Defiance Hotel, Airline, and Cruise ETF (NYSEARCA: CRUZ ) is up by approximately 25% year-over-year, illustrating the robust growth embedded in cruise stocks. However, what goes up must come down, which is why I believe a minor correction in cruise stocks is due.

Stock Market Crash Alert: 3 Must-Buy Cruise Stocks When Prices Plunge

Citigroup

CoStar Group

Healthpeak Properties Inc

Hasbro

Hess

Newmont Mining

Teradyne

Walgreens

Western Digital

Just about half of S&P 500 companies reported their first-quarter earnings. And they're coming in better than expected.

Corporate Profit Blasts Past Expectations Thanks To 10 Stocks

The New Partnership Offers Vacationers and Team Members Rewards at Hard Rock and Seminole Casinos, Hotels and Cafes, and on Royal Caribbean International and Celebrity Cruises Vacations  HOLLYWOOD, Fla. , April 26, 2024 /PRNewswire/ -- Hard Rock International, Seminole Gaming and Royal Caribbean Group (NYSE: RCL) brands, Royal Caribbean International and Celebrity Cruises, today unveiled a global partnership that will benefit both vacationers and team members of the brands.

Hard Rock International, Seminole Gaming, Royal Caribbean International and Celebrity Cruises Announce Global Partnership, Bringing Travel Benefits Across Land and Sea

Royal Caribbean's (RCL) first-quarter 2024 performance benefits from robust cruising demand, strong pricing and strength in onboard spending.

Royal Caribbean (RCL) Tops Q1 Earnings Estimates, Ups '24 View

Royal Caribbean Cruises Ltd. (RCL) Q1 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Royal Caribbean (RCL) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Royal Caribbean (RCL) Q1 Earnings: A Look at Key Metrics

Royal Caribbean hiked its full-year earnings outlook after Q1 results cleared forecasts. RCL stock advances higher in a buy zone.

Royal Caribbean Climbs In Buy Zone, Hikes Outlook On Strong Demand

Royal Caribbean (RCL) came out with quarterly earnings of $1.77 per share, beating the Zacks Consensus Estimate of $1.31 per share. This compares to loss of $0.23 per share a year ago.

Royal Caribbean (RCL) Q1 Earnings and Revenues Surpass Estimates

Shares of Royal Caribbean Group RCL, +0.04% surged 6.1% into record into record territory in premarket trading Thursday, after the cruise operator swung to a first-quarter profit beat expectations by a wide margin and boosted its full-year outlook, as demand for cruises remains “very robust.” The company reported net income of $360 million, or $1.35 a share, after a loss of $48 million, or 19 cents a share, in the same period a year ago.

Royal Caribbean's stock rallied toward a record after a big profit beat and raised outlook, as cruise demand remained ‘very robust'

Royal Caribbean Group on Thursday raised its annual profit forecast for a second time, benefiting from record demand for cruises and robust onboard spending.

Royal Caribbean lifts annual profit view as cruise demand soars

Strong demand and strength in onboard spend drive first quarter earnings  Record bookings and booked position continue to provide strong momentum to 2024 Adjusted EPS in 2024 is now expected to be $10.70 - $10.90   MIAMI , April 25, 2024 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) today reported first quarter Earnings per Share ("EPS") of $1.35 and Adjusted EPS of $1.77. These results were better than the company's guidance due to stronger pricing on close-in demand, strength in onboard revenue and favorable timing of expenses.

ROYAL CARIBBEAN GROUP REPORTS FIRST QUARTER RESULTS AND INCREASES FULL YEAR GUIDANCE ON CONTINUED STRONG DEMAND

It was a bumper 2023 for the industry and the company has even greater expectations for this year. The stock, however, is yet to reflect that optimism.

Royal Caribbean Stock Can Cruise Higher After Earnings. What Investors Need to Hear.

Royal Caribbean (RCL) continues to benefit from solid booking trends and new ship additions. However, high costs remain concerning.

How to Play Royal Caribbean (RCL) Ahead of Q1 Earnings?

Inaugural calls by Celebrity Reflection and Celebrity Beyond usher in offering of short, premium Caribbean getaways MIAMI , April 23, 2024 /PRNewswire/ -- Celebrity Cruises® guests visited Perfect Day at CocoCay, the number one destination in Royal Caribbean Group, for the first time, traveling aboard Celebrity Reflection® Monday, April 22nd and Celebrity Beyond SM Tuesday, April 23rd. The award-winning private destination introduced by sister brand Royal Caribbean International is part of Celebrity Cruises' new short Caribbean itinerary offerings.

FIRST CELEBRITY CRUISES GUESTS ENJOY PERFECT DAY AT COCOCAY

Use recent weakness in cruise stocks as an opportunity. At the moment, the top three cruise stocks are all oversold after a recent pullback.

The Top 3 Cruise Stocks to Buy in April 2024

The New Experience on Paradise Island in The Bahamas Opens in 2025 MIAMI , April 22, 2024 /PRNewswire/ -- Royal Caribbean International and The Bahamas marked the start of a new adventure today as the cruise line broke ground on Royal Beach Club Paradise Island , the 17-acre beach day experience on Paradise Island in Nassau, The Bahamas. The beginning of construction was celebrated on location, where Royal Caribbean Group President and CEO Jason Liberty and Royal Caribbean International President and CEO Michael Bayley were joined by The Bahamas'  Prime Minister Philip Davis and Deputy Prime Minister I.

CONSTRUCTION BEGINS ON ROYAL CARIBBEAN'S FIRST ROYAL BEACH CLUB

Get a deeper insight into the potential performance of Royal Caribbean (RCL) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Insights Into Royal Caribbean (RCL) Q1: Wall Street Projections for Key Metrics

Together, with its first Community Impact Report, the company details its progress its net-zero ambitions and supporting the communities it visits  MIAMI , April 22, 2024 /PRNewswire/ -- Today, Royal Caribbean Group (NYSE: RCL) released its annual Seastainability Report, outlining milestones the company reached on its mission to deliver the best vacation experiences responsibly. Driven by its SEA the Future initiative, the company has advanced its commitment to sustain the planet, energize communities, and accelerate innovation.

Royal Caribbean Group Shares Comprehensive Update on its Decarbonization Journey

Royal Caribbean (NYSE: RCL) and Carnival (NYSE: CCL) stock prices have diverged sharply in the past few months as demand in the cruise industry rebounds. RCL shares are down by just 22 basis points this year while Carnival has slumped by 24%.

News for Royal Caribbean Cruises Stock (RCL)