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Royal Caribbean Group RCL Enterprise value

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Other financials

Income statement

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Revenue$4.5B+11.3%
Gross profit$2.2B+14.8%
Operating income$1.2B+23.0%
Net income$941.0M+28.9%
EPS (diluted)$3.48+28.9%

Balance sheet

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Cash & equivalents$512.0M+32.6%
Total debt$678.0M-19.9%
Total equity$9.8B+23.2%
Total assets$42.0B+12.1%

Cash flow

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Operating cash flow$1.8B+12.7%
CapEx$500.0M+16.8%
Free cash flow$1.3B+11.3%

Valuation

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Market cap$80.85B+34.6%
P/E18.1×-0.4×
P/S4.4×+0.8×

Profitability

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Gross margin49.7%+1.5pp
Operating margin27.9%+2.2pp
Net margin24.4%+5.0pp

Returns & leverage

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Return on equity50.4%+0.9pp
Debt / equity0.1×0.0×
Current ratio0.2×0.0×

Where this comes from

Calculated from Royal Caribbean Group’s reported figures.

The official record: Royal Caribbean Group’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Royal Caribbean Group's enterprise value?
Royal Caribbean Group (RCL) reported enterprise value of $74.61B in Q1 2026.
How has Royal Caribbean Group's enterprise value changed year-over-year?
Royal Caribbean Group's enterprise value increased by 33.8% year-over-year, from $55.75B to $74.61B.
What is the long-term trend for Royal Caribbean Group's enterprise value?
Over 4 years (2021 to 2025), Royal Caribbean Group's enterprise value has grown at a 41.3% compound annual growth rate (CAGR), from $74.26B to $296.41B.
What does enterprise value mean?
What it would cost to buy the entire business, debt included and cash netted out.
How do you interpret enterprise value?
The capital-structure-neutral valuation base — used in EV/EBITDA and EV/Sales to compare companies with different leverage on a like-for-like footing.
How does enterprise value compare across companies?
Comparable across non-financial companies via the EV multiples it feeds; not used for banks and insurers.