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Other financials

Income statement

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Revenue$4.8B+6.5%
Gross profit$2.3B+1.3%
Operating income$1.3B-1.7%
Net income$1.1B-6.8%
EPS (diluted)$4.20-4.8%

Balance sheet

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Cash & equivalents$875.0M+19.0%
Total debt$23.5B+2,706%
Total equity$10.2B+11.6%
Total assets$44.6B+15.8%

Cash flow

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Operating cash flow$1.9B+6.5%
CapEx$2.7B+227%
Free cash flow$1.3B+11.3%

Valuation

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Market cap$85.58B+4.0%
Enterprise value$108.23B+31.4%
P/E19.5×-3.4×
P/S4.6×-0.2×

Profitability

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Gross margin49.1%+0.3pp
Operating margin27.3%+0.9pp
Net margin23.5%+2.6pp
FCF margin20.9%

Returns & leverage

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Return on equity45.3%-2.2pp
Debt / equity2.3×+2.2×
Current ratio0.2×0.0×

Where this comes from

Reported directly by Royal Caribbean Group in its filing.

Tagged under the XBRL concept us-gaap:TreasuryStockCommonValue.

The source filing: Royal Caribbean Group’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 5:05 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000884887-26-000038
Line itemAs of / June 30, 2026As of / December 31, 2025
Paid-in capital7,8967,964
Retained earnings7,1875,925
Accumulated other comprehensive loss(516)(604)
Treasury stock (36,429,278 and 32,631,826 common shares at cost, at June 30, 2026 and December 31, 2025, respectively)(4,334)(3,251)
Total shareholders’ equity attributable to Royal Caribbean Cruises Ltd.10,23610,037
Noncontrolling Interest225208
Total shareholders’ equity10,46110,245
Total liabilities and shareholders’ equity$44,644$41,619

Item 1. Financial Statements

FAQ

What is Royal Caribbean Group's treasury stock?
Royal Caribbean Group (RCL) reported treasury stock of $4.33B in Q2 2026.
How has Royal Caribbean Group's treasury stock changed year-over-year?
Royal Caribbean Group's treasury stock increased by 85.8% year-over-year, from $2.33B to $4.33B.
What is the long-term trend for Royal Caribbean Group's treasury stock?
Over 4 years (2021 to 2025), Royal Caribbean Group's treasury stock has grown at a 12.0% compound annual growth rate (CAGR), from $2.07B to $3.25B.
What does treasury stock mean?
Shares repurchased by the company and held in treasury, reducing equity. Recorded at cost and presented as a negative equity component.

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