Market Summary
USD94.32-1.89
Market Closed-1.96%
RCL Stock Price
RCL RSI Chart
RCL Valuation
RCL Price/Sales (Trailing)
RCL Profitability
RCL Fundamentals
RCL Revenue
RCL Earnings
Price Action
52 Week Range
112.95
(Low)(High)
Last 7 days
-1.2%
Last 30 days
-3.1%
Last 90 days
-1.2%
Trailing 12 Months
94.4%
RCL Financial Health
RCL Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for RCL
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-09-12 | Bayley Michael W | sold | -1,000,220 | 100 | -10,000 | pres& ceo,royal caribbean intl |
2023-09-06 | Bayley Michael W | sold | -974,300 | 97.43 | -10,000 | pres& ceo,royal caribbean intl |
2023-09-05 | BETHGE LAURA H | sold (taxes) | -31,486 | 96.88 | -325 | pres, celebrity cruises inc. |
2023-09-05 | Kulovaara Harri U | sold (taxes) | -126,138 | 96.88 | -1,302 | evp, maritime |
2023-09-05 | Pujol Henry L | sold (taxes) | -33,423 | 96.88 | -345 | svp, chief accounting officer |
2023-08-10 | Montiel Maritza Gomez | bought | 103,700 | 103 | 1,000 | - |
2023-08-01 | Pujol Henry L | sold | -2,018,290 | 106 | -18,908 | chief accounting officer |
2023-07-28 | Holtz Naftali | sold | -658,119 | 110 | -5,949 | chief financial officer |
2023-06-01 | BETHGE LAURA H | acquired | - | - | 2,042 | president, celebrity cruises |
2023-06-01 | Lake Robert Alexander | sold (taxes) | -119,090 | 82.1875 | -1,449 | svp, clo, secretary & cco |
Which funds bought or sold RCL recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-12 | Prosperity Financial Group, Inc. | added | 7.03 | 175,735 | 426,683 | 0.38% |
2023-09-12 | Farther Finance Advisors, LLC | added | 11.61 | 13,480 | 30,915 | 0.01% |
2023-09-08 | TUCKER ASSET MANAGEMENT LLC | reduced | -72.73 | -10,177 | 7,781 | -% |
2023-09-07 | ST GERMAIN D J CO INC | new | - | 20,748 | 20,748 | -% |
2023-09-05 | Covenant Partners, LLC | new | - | 313,087 | 313,087 | 0.11% |
2023-08-28 | DT Investment Partners, LLC | unchanged | - | 12,138 | 32,232 | -% |
2023-08-24 | Alberta Investment Management Corp | unchanged | - | 188,356 | 508,326 | -% |
2023-08-23 | Stonebridge Capital Advisors LLC | unchanged | - | 3,844 | 10,374 | -% |
2023-08-23 | WOLVERINE TRADING, LLC | added | 392 | 3,277,220 | 3,764,220 | -% |
2023-08-22 | Hook Mill Capital Partners, LP | reduced | -44.53 | -505,057 | 5,800,310 | 3.46% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of Royal Caribbean Cruises
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 14, 2023 | a wilhelmsen a s | 8.3% | 21,064,632 | SC 13G/A | |
| Feb 13, 2023 | capital international investors | 12.0% | 30,538,307 | SC 13G/A | |
| Feb 13, 2023 | capital research global investors | 11.0% | 27,990,406 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 9.38% | 23,947,488 | SC 13G/A | |
| Feb 01, 2023 | blackrock inc. | 5.6% | 14,299,319 | SC 13G/A | |
| Nov 10, 2022 | capital research global investors | 11.7% | 29,787,198 | SC 13G | |
| Feb 11, 2022 | osiris holdings inc. | 4.5% | 11,496,865 | SC 13G/A | |
| Feb 11, 2022 | capital research global investors | 9.3% | 23,740,080 | SC 13G/A | |
| Feb 11, 2022 | capital international investors | 11.5% | 29,244,035 | SC 13G/A | |
| Feb 10, 2022 | vanguard group inc | 9.04% | 23,041,064 | SC 13G/A |
Recent SEC filings of Royal Caribbean Cruises
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 13, 2023 | 4 | Insider Trading | |
| Sep 12, 2023 | 144 | Notice of Insider Sale Intent | |
| Sep 07, 2023 | 4 | Insider Trading | |
| Sep 07, 2023 | 4 | Insider Trading | |
| Sep 07, 2023 | 4 | Insider Trading | |
| Sep 07, 2023 | 4 | Insider Trading | |
| Sep 06, 2023 | 144 | Notice of Insider Sale Intent | |
| Aug 14, 2023 | 4 | Insider Trading | |
| Aug 03, 2023 | 4 | Insider Trading | |
| Aug 01, 2023 | 4 | Insider Trading |
Peers (Alternatives to Royal Caribbean Cruises)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
MCD | 197.9B | 24.2B | -1.01% | 9.78% | 24.74 | 8.18 | 2.54% | 31.52% |
SBUX | 106.7B | 35.0B | -1.35% | 6.56% | 28.2 | 3.05 | 9.48% | -9.22% |
RCL | 24.1B | 12.0B | -3.08% | 94.40% | -427.89 | 2.01 | 156.37% | 98.74% |
CCL | 10.5B | 17.5B | -6.75% | 40.60% | -1.47 | 1.09 | 198.57% | 62.23% |
| MID-CAP | ||||||||
ARMK | 9.6B | 18.3B | 3.64% | 2.77% | 17.62 | 0.52 | 18.44% | 253.28% |
NCLH | 7.2B | 7.2B | 0.94% | 13.03% | -8.45 | 1 | 204.82% | 78.24% |
TXRH | 6.7B | 4.3B | -3.45% | 10.18% | 22.91 | 1.53 | 15.14% | 14.83% |
WEN | 4.4B | 2.2B | 0.63% | 4.26% | 22.81 | 2.02 | 9.62% | 6.94% |
VAC | - | 4.8B | -5.59% | -27.54% | - | - | 9.59% | 41.13% |
| SMALL-CAP | ||||||||
PLAY | 1.5B | 2.2B | -9.03% | 2.29% | 10.89 | 0.7 | 38.20% | -10.10% |
DIN | 842.8M | 863.4M | 0.19% | -22.74% | 10.81 | 0.98 | -6.83% | -15.00% |
CHUY | 629.2M | 442.3M | -6.29% | 48.62% | 23.81 | 1.42 | 7.34% | 4.10% |
BJRI | 573.3M | 1.3B | -15.41% | -3.01% | 32.33 | 0.43 | 12.03% | 449.26% |
DENN | 487.4M | 472.7M | -8.38% | -14.38% | 12.5 | 1.03 | 10.04% | -61.24% |
Royal Caribbean Cruises News
Returns for RCL
Cumulative Returns on RCL
10.9%
10-Year Cumulative Returns
6.5%
7-Year Cumulative Returns
-5.3%
5-Year Cumulative Returns
13.7%
3-Year Cumulative Returns
Risks for RCL
What is the probability of a big loss on RCL?
99.2%
Probability that Royal Caribbean Cruises stock will be more than 20% underwater in next one year
55.4%
Probability that Royal Caribbean Cruises stock will be more than 30% underwater in next one year.
41.1%
Probability that Royal Caribbean Cruises stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does RCL drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Royal Caribbean Cruises was unfortunately bought at previous high price.
Drawdowns
Financials for Royal Caribbean Cruises
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | 12.6% | 12,005 | 10,666 | 8,841 | 7,219 | 4,683 | 2,549 | 1,532 | 2,164 | 2,796 | 3,428 | 4,060 | 4,692 | 7,913 | 10,544 | 10,951 | 10,766 | 10,375 | 9,906 | 9,494 | 9,166 | 8,939 |
| S&GA Expenses | 3.8% | 1,713 | 1,650 | 1,583 | 1,642 | 1,592 | 1,506 | 1,370 | 1,123 | 1,046 | 1,062 | 1,200 | 1,359 | 1,465 | 1,540 | 1,559 | 1,472 | 1,445 | 1,381 | 1,303 | 1,287 | 1,235 |
| Interest Expenses | 3.7% | 1,499 | 1,446 | 1,364 | 1,216 | 1,295 | 1,297 | 1,292 | 2,408 | 1,723 | 1,204 | 844 | -644 | -487 | -378 | -381 | -383 | -367 | -331 | -300 | 304 | 316 |
| Net Income | 94.6% | -56.39 | -1,036 | -2,155 | -3,012 | -4,470 | -5,295 | -5,260 | -5,270 | -5,192 | -5,484 | -5,797 | -4,157 | -1,927 | 185 | 1,879 | 1,921 | 1,849 | 1,842 | 1,811 | 1,783 | 1,726 |
| Net Income Margin | 100.0% | - | -0.10* | -0.24* | -0.42* | -0.95* | -2.08* | -3.43* | -1.87* | -1.26* | -0.52* | -0.55* | -0.39* | -0.18* | 0.02* | 0.17* | - | - | - | - | - | - |
| Free Cashflow | -100.0% | - | 722 | -2,228 | -3,418 | -3,919 | -4,128 | -4,107 | -4,544 | -4,811 | -6,513 | -5,696 | -4,552 | -3,078 | -970 | 692 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | 0.2% | 32,923 | 32,870 | 33,776 | 33,464 | 33,943 | 32,940 | 32,258 | 32,666 | 33,692 | 34,347 | 32,465 | 31,829 | 33,307 | 33,445 | 30,320 | 29,825 | 29,809 | 28,720 | 27,698 | 27,094 | 24,057 |
| Current Assets | -18.4% | 1,969 | 2,414 | 3,205 | 2,837 | 3,561 | 3,177 | 3,600 | 4,167 | 5,009 | 5,650 | 4,312 | 3,532 | 4,684 | 4,594 | 1,163 | 1,204 | 1,283 | 1,333 | 1,242 | 1,359 | 1,100 |
| Cash Equivalents | -41.7% | 700 | 1,200 | 1,935 | 1,600 | 2,102 | 1,969 | 2,702 | 3,289 | 4,250 | 5,091 | 3,684 | 3,017 | 4,147 | 3,891 | 244 | 277 | 235 | 248 | 288 | 255 | 109 |
| Inventory | -2.4% | 216 | 221 | 224 | 237 | 229 | 179 | 150 | 142 | 133 | 119 | 119 | 142 | 153 | 178 | 162 | 167 | 168 | 158 | 154 | 152 | 122 |
| Net PPE | - | - | - | - | - | - | - | - | 25,700 | 25,873 | 25,795 | 25,247 | 25,363 | 25,648 | 25,857 | 25,467 | 25,005 | 24,855 | 23,641 | 23,466 | 22,600 | 21,430 |
| Goodwill | 0.0% | 809 | 809 | 809 | 809 | 809 | 809 | 809 | 809 | 809 | 809 | 809 | 809 | 809 | 809 | 1,386 | 1,373 | 1,373 | 1,378 | 1,378 | 1,375 | 288 |
| Liabilities | -1.6% | 29,382 | 29,845 | 30,908 | 30,259 | 30,545 | 28,951 | 27,173 | 26,198 | 25,808 | 25,175 | 23,705 | 23,500 | 23,758 | 22,636 | 17,586 | 17,285 | 17,714 | 16,901 | 16,051 | 15,218 | - |
| Current Liabilities | 2.4% | 9,667 | 9,442 | 8,573 | 9,794 | 11,719 | 8,007 | 7,286 | 5,243 | 4,680 | 3,315 | 4,537 | 4,625 | 4,737 | 8,982 | 7,953 | 7,114 | 7,586 | 8,106 | 7,112 | 7,073 | 5,502 |
| Long Term Debt | -3.7% | 18,686 | 19,405 | 21,303 | 19,384 | 17,747 | 19,944 | 18,847 | 19,883 | 20,079 | 20,714 | 17,958 | 17,634 | 17,753 | 12,273 | 8,414 | 8,819 | 8,922 | 7,526 | 8,355 | 7,647 | 7,341 |
| Shareholder's Equity | 11.2% | 3,364 | 3,025 | 2,869 | 3,205 | 3,398 | 3,989 | 5,086 | 6,467 | 7,884 | 9,172 | 8,761 | 8,329 | 8,964 | 10,232 | 12,164 | 11,977 | 11,538 | 11,269 | 11,105 | 11,338 | 10,774 |
| Retained Earnings | 26.1% | -1,296 | -1,755 | -1,707 | -1,207 | -1,240 | -718 | 302 | 1,659 | 3,084 | 4,431 | 5,563 | 6,930 | 8,276 | 9,916 | 11,523 | 11,413 | 10,693 | 10,367 | 10,263 | 10,094 | 9,430 |
| Additional Paid-In Capital | 0.8% | 7,407 | 7,351 | 7,285 | 7,271 | 7,255 | 7,268 | 7,557 | 7,547 | 7,527 | 7,513 | 5,999 | 4,330 | 3,700 | 3,473 | 3,494 | 3,467 | 3,455 | 3,432 | 3,421 | 3,426 | 3,398 |
| Shares Outstanding | 0.1% | 256 | 255 | - | 255 | 255 | 255 | - | 255 | 255 | 243 | - | 214 | 209 | 209 | - | 210 | 210 | 209 | - | 209 | 212 |
| Minority Interest | 2.1% | 177 | 174 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | 39.3% | 3,233 | 2,321 | 482 | -299 | -658 | -1,597 | -1,877 | -2,498 | -2,952 | -4,739 | -3,731 | -2,296 | -527 | 2,837 | 3,716 | 3,839 | 3,743 | 3,633 | 3,479 | 3,167 | 3,147 |
| Share Based Compensation | 131.9% | 92.00 | 40.00 | 36.00 | 32.00 | 38.00 | 68.00 | 64.00 | 65.00 | 67.00 | 66.00 | 40.00 | 55.00 | 43.00 | 41.00 | 76.00 | 34.00 | 56.00 | 53.00 | 46.00 | 80.00 | 66.00 |
| Cashflow From Investing | 16.7% | -1,482 | -1,778 | -2,987 | -3,455 | -3,488 | -2,620 | -2,144 | -1,950 | -1,770 | -1,804 | -2,178 | -2,477 | -2,783 | -3,982 | -3,091 | -3,532 | -4,247 | -3,294 | -4,489 | -3,494 | -2,362 |
| Cashflow From Financing | -144.1% | -3,126 | -1,280 | 1,741 | 2,035 | 2,001 | 1,094 | 3,041 | 4,719 | 4,825 | 7,744 | 9,350 | 7,514 | 7,223 | 4,788 | -670 | -282 | 635 | -181 | 1,198 | 460 | -792 |
| Dividend Payments | - | - | - | - | - | - | - | - | - | - | 163 | 326 | 490 | 636 | 619 | 603 | 586 | 566 | 546 | 527 | 510 | 486 |
| Buy Backs | - | - | - | - | - | - | - | - | - | - | - | - | 100 | 100 | 105 | 100 | - | 206 | 300 | 575 | 675 | 594 |
RCL Income Statement
2023-06-30CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| Total revenues | $ 3,522,982 | $ 2,184,242 | $ 6,408,128 | $ 3,243,473 |
| Cruise operating expenses: | ||||
| Total cruise operating expenses | 1,954,876 | 1,679,919 | 3,747,781 | 2,864,861 |
| Marketing, selling and administrative expenses | 434,848 | 371,425 | 895,703 | 765,455 |
| Depreciation and amortization expenses | 361,677 | 351,542 | 721,450 | 691,009 |
| Operating Income (Loss) | 771,581 | (218,644) | 1,043,194 | (1,077,852) |
| Other income (expense): | ||||
| Interest income | 9,583 | 6,490 | 24,391 | 9,812 |
| Interest expense, net of interest capitalized | (355,512) | (302,706) | (714,899) | (580,365) |
| Equity investment income (loss) | 42,014 | (13,179) | 62,485 | (44,238) |
| Other (expense) income | (5,386) | 6,457 | (771) | 3,919 |
| Total other income (expense) | (309,301) | (302,938) | (628,794) | (610,872) |
| Net Income (Loss) | 462,280 | (521,582) | 414,400 | (1,688,724) |
| Less: Net Income attributable to noncontrolling interest | 3,519 | 0 | 3,549 | 0 |
| Net Income (Loss) attributable to Royal Caribbean Cruises Ltd. | $ 458,761 | $ (521,582) | $ 410,851 | $ (1,688,724) |
| Earnings (Loss) per Share: | ||||
| Basic (in dollars per share) | $ 1.79 | $ (2.05) | $ 1.61 | $ (6.63) |
| Diluted (in dollars per share) | $ 1.70 | $ (2.05) | $ 1.60 | $ (6.63) |
| Weighted-Average Shares Outstanding: | ||||
| Basic (in shares) | 255,805 | 254,964 | 255,636 | 254,893 |
| Diluted (in shares) | 281,913 | 254,964 | 258,741 | 254,893 |
| Comprehensive Income (Loss) | ||||
| Net Income (Loss) | $ 462,280 | $ (521,582) | $ 414,400 | $ (1,688,724) |
| Other comprehensive income (loss): | ||||
| Foreign currency translation adjustments | (3,263) | 12,682 | (9,809) | 20,460 |
| Change in defined benefit plans | (3,785) | 15,168 | (272) | 27,765 |
| (Loss) Gain on cash flow derivative hedges | 4,988 | (84,493) | (26,709) | 111,408 |
| Total other comprehensive loss | (2,060) | (56,643) | (36,790) | 159,633 |
| Comprehensive Income (Loss) | 460,220 | (578,225) | 377,610 | (1,529,091) |
| Passenger ticket revenues | ||||
| Total revenues | 2,443,506 | 1,418,203 | 4,340,022 | 2,070,061 |
| Onboard and other | ||||
| Total revenues | 1,079,476 | 766,039 | 2,068,106 | 1,173,412 |
| Cruise operating expenses: | ||||
| Total cruise operating expenses | 220,315 | 155,570 | 378,950 | 230,009 |
| Commissions, transportation and other | ||||
| Cruise operating expenses: | ||||
| Total cruise operating expenses | 516,007 | 329,859 | 918,937 | 480,202 |
| Payroll and related | ||||
| Cruise operating expenses: | ||||
| Total cruise operating expenses | 284,372 | 327,141 | 594,370 | 676,759 |
| Food | ||||
| Cruise operating expenses: | ||||
| Total cruise operating expenses | 202,695 | 155,226 | 402,086 | 255,410 |
| Fuel | ||||
| Cruise operating expenses: | ||||
| Total cruise operating expenses | 275,918 | 275,179 | 577,431 | 463,659 |
| Other operating | ||||
| Cruise operating expenses: | ||||
| Total cruise operating expenses | $ 455,569 | $ 436,944 | $ 876,007 | $ 758,822 |
RCL Balance Sheet
2023-06-30CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| Current assets | ||
| Cash and cash equivalents | $ 726,424 | $ 1,935,005 |
| Trade and other receivables, net of allowances of $10,027 and $11,612 at June 30, 2023 and December 31, 2022, respectively | 375,357 | 531,066 |
| Inventories | 215,915 | 224,016 |
| Prepaid expenses and other assets | 604,623 | 455,836 |
| Derivative financial instruments | 46,516 | 59,083 |
| Total current assets | 1,968,835 | 3,205,006 |
| Property and equipment, net | 27,935,922 | 27,546,445 |
| Operating lease right-of-use assets | 551,534 | 537,559 |
| Goodwill | 809,250 | 809,277 |
| Other assets, net of allowances of $62,833 and $71,614 at June 30, 2023 and December 31, 2022, respectively | 1,657,807 | 1,678,074 |
| Total assets | 32,923,348 | 33,776,361 |
| Current liabilities | ||
| Current portion of long-term debt | 1,713,299 | 2,087,711 |
| Current portion of operating lease liabilities | 81,797 | 79,760 |
| Accounts payable | 692,011 | 646,727 |
| Accrued expenses and other liabilities | 1,391,553 | 1,459,957 |
| Derivative financial instruments | 111,864 | 131,312 |
| Customer deposits | 5,676,341 | 4,167,997 |
| Total current liabilities | 9,666,865 | 8,573,464 |
| Long-term debt | 18,685,633 | 21,303,480 |
| Long-term operating lease liabilities | 537,641 | 523,006 |
| Other long-term liabilities | 492,127 | 507,599 |
| Total liabilities | 29,382,266 | 30,907,549 |
| Shareholders’ equity | ||
| Preferred stock ($0.01 par value; 20,000,000 shares authorized; none outstanding) | 0 | 0 |
| Common stock ($0.01 par value; 500,000,000 shares authorized; 284,405,911 and 283,257,102 shares issued, June 30, 2023 and December 31, 2022, respectively) | 2,844 | 2,832 |
| Paid-in capital | 7,406,818 | 7,284,852 |
| Accumulated deficit | (1,296,578) | (1,707,429) |
| Accumulated other comprehensive loss | (680,004) | (643,214) |
| Treasury stock (28,248,125 and 28,018,385 common shares at cost, June 30, 2023 and December 31, 2022, respectively) | (2,069,432) | (2,068,229) |
| Total shareholders’ equity attributable to Royal Caribbean Cruises Ltd. | 3,363,648 | 2,868,812 |
| Noncontrolling Interests | 177,434 | 0 |
| Total shareholders’ equity | 3,541,082 | 2,868,812 |
| Total liabilities and shareholders’ equity | $ 32,923,348 | $ 33,776,361 |
Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, Azamara, and Silversea Cruises brands, which comprise a range of itineraries that call on approximately 1,000 destinations. As of February 25, 2022, it operated 61 ships. The company was founded in 1968 and is headquartered in Miami, Florida.