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RCL

Royal Caribbean Group

NYSEConsumer DiscretionaryTravel ServicesSnapshot 2026-05-08

$275.24-2.00%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, RCL has a composite score of 15.1, categorized as "mild favorable." This score is influenced by a medium confidence level of 74.9 and elevated risk, with key drivers including macroeconomic factors such as growth, rates, inflation, and labor. The analysis is provisional, reflecting the potential for changes based on upcoming guidance and sector trends.

Composite +15as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
neutral
Mid-cohort
Why this rank
  • Direction share
    1.00
  • Slope (norm)
    -0.09
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
75013291702325
F2 · Value
neutral
Mid-cohort by earnings yield
Why this rank
Price
$275.24
TTM EPS
$15.71
Earnings yield
5.7%
P/E (TTM)
17.5

Trailing four: 2024-Q3, 2025-Q1, 2025-Q2, 2025-Q3

F3 · Earnings quality
neutral
Mid-cohort cash conversion
Why this rank
TTM NI ($M)
2,877
TTM CFO ($M)
5,265
CFO/NI
1.83
L2

Watch

has something changed worth re-reading?
F4 · Management stability
neutral
Mid-cohort activity· see deep-dive ↓
capital unfriendlyBottom 30% — net capital-unfriendly direction
Earnings setup · pre-print positioning
forward-looking
neutralEPS revised -10.6% / 30d, n=19for period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $4.38 → $3.92 (-10.6% / 30d). 0 raised, 16 cut, 19 covering analysts.

Rating actions

0 upgrades, 0 downgrades / 30d, 8 maintained. 73% of analysts rate Buy.

Price target activity

9 PT revisions / 30d. Avg target 28.1% above current price.

Material events

1 positive, 0 negative / 30d. See F4 management tile for the event list.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
2

Stated priorities

3 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Expand vacation portfolio with new ships and destinationsgrowthbehind10% progressprovisional
    1/29: CEO: 'We are shaping the future by further investing in game-changing vacation experiences.'
    Why this status

    Stated in 2 of last 2 quarters. Royal Caribbean is expanding its vacation portfolio with new Discovery Class ships and additional Celebrity River Cruises vessels. The company has announced agreements for new ship constructions and expansions, indicating a commitment to long-term growth. However, financials do not yet reflect the impact of these expansions, suggesting limited substantive delivery so far.

  2. 2.Achieve Perfecta goals by 2027growthmixed55% progressprovisional
    1/29: CEO: 'We remain on track to achieve our Perfecta goals by 2027.'
    Why this status

    Stated in 2 of last 2 quarters. The Perfecta program targets a 20% earnings CAGR and high teens ROIC by 2027. Adjusted EPS guidance for 2026 is $17.10 to $17.50, representing 11% growth YoY. While the company reports strong financial performance, the trajectory towards Perfecta goals remains a recurring focus with limited substantive delivery so far.

  3. 3.Manage costs and drive revenue growthcostmixed65% progress
    4/30: CFO: 'We remain focused on delivering the best vacations responsibly, accelerating revenue growth, and managing costs.'
    Why this status

    Stated in 2 of last 2 quarters. Total revenue was $4.5 billion in 2026-Q1, an 11% increase YoY. The company continues to focus on managing costs and driving revenue growth, supported by strong demand and strategic investments. The trajectory shows delivering on revenue growth, but cost management remains a persistent statement with limited substantive delivery this quarter.

3

Guidance track record

Insufficient guidance history for this ticker.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
elevatedworst 12m loss −32%, typical day ±2.1%
Why this risk level

Recent vol — 30d annualized 52%; 252d 45%.

Drawdown — Max 1y −32%. Bad day move −4%.

Beta to sector ETF (XLY) 0.09 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 26/100, drawdown 35/100, beta 9/100, earnings vol .

Sector regime
headwind-4.8%sector vs S&P 500, 60d

via XLY

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. No material changes since the prior snapshot.

No material changes since the prior snapshot.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite64.2 / 100
Capital allocation68
Earnings discipline85
Margin discipline43
Balance sheet58
Guidance credibility
Post-call reaction40

Met or beat guidance 100% of the last 1 guided quarters · 11.5% avg surprise

as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Expand vacation portfolio with new ships and destinations

    Growth

    Royal Caribbean is expanding its vacation portfolio with new Discovery Class ships and additional Celebrity River Cruises vessels.

    Behind

    Stated in 2 of last 2 quarters. Royal Caribbean is expanding its vacation portfolio with new Discovery Class ships and additional Celebrity River Cruises vessels. The company has announced agreements for new ship constructions and expansions, indicating a commitment to long-term growth. However, financials do not yet reflect the impact of these expansions, suggesting limited substantive delivery so far.

    10%
    CEO/CFO:CEO: 'We are shaping the future by further investing in game-changing vacation experiences.'
    Press releaseSource dated 2026-01-29Stated 1 of last 8 quartersFirst seen 2026-01-29provisional
    Show history (1)
    • 2025-Q4Press release

      CEO: 'We are shaping the future by further investing in game-changing vacation experiences.'

  • #2

    Achieve Perfecta goals by 2027

    Growth

    Royal Caribbean aims for a 20% earnings CAGR and high teens ROIC by 2027 under its Perfecta program.

    Mixed

    Stated in 2 of last 2 quarters. The Perfecta program targets a 20% earnings CAGR and high teens ROIC by 2027. Adjusted EPS guidance for 2026 is $17.10 to $17.50, representing 11% growth YoY. While the company reports strong financial performance, the trajectory towards Perfecta goals remains a recurring focus with limited substantive delivery so far.

    55%
    CEO/CFO:CEO: 'We remain on track to achieve our Perfecta goals by 2027.'
    Press releaseSource dated 2026-01-29Stated 1 of last 8 quartersFirst seen 2026-01-29provisional
    Show history (1)
    • 2025-Q4Press release

      CEO: 'We remain on track to achieve our Perfecta goals by 2027.'

  • #3

    Manage costs and drive revenue growth

    Cost

    Royal Caribbean focuses on managing costs while accelerating revenue growth through strong demand and strategic investments.

    Mixed

    Stated in 2 of last 2 quarters. Total revenue was $4.5 billion in 2026-Q1, an 11% increase YoY. The company continues to focus on managing costs and driving revenue growth, supported by strong demand and strategic investments. The trajectory shows delivering on revenue growth, but cost management remains a persistent statement with limited substantive delivery this quarter.

    65%
    CEO/CFO:CFO: 'We remain focused on delivering the best vacations responsibly, accelerating revenue growth, and managing costs.'
    Press releaseSource dated 2026-04-30Stated 1 of last 8 quartersFirst seen 2026-04-30
    Show history (1)
    • 2025-Q4Press release

      CFO: 'We continue to see net yield growth for key products.'

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
61higher = cheaper

Roughly priced in line with peers.

Compared to its own history
97higher = cheaper

Cheaper than its own typical valuation.

P/E
17.0x
EV/EBITDA
13.8x
FCF yield
1.8%

P/E over the last 5 years

38 monthly points
fairas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
RCL
Royal Caribbean Group
+15fairelevated
AMZN
Amazon
+16fullmoderate
TSLA
Tesla, Inc.
+0.4expensiveelevated
HD
Home Depot (The)
+14fullmoderate
CVNA
Carvana
+14high
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
2.1%
A bad day (95th %ile)
A rough but not unusual down day.
-4.1%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-32.4%
Earnings-day move
How much price usually moves on earnings day.
elevatedas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If consumer_discretionary sector trend rises from +0.10 into 'improving' (>= +0.20)+5.0 pts
  • If next-quarter guidance is raised (currently NEW as of 2026-04-30)+4.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently NEW as of 2026-04-30)-8.0 pts
  • If consumer_discretionary sector trend falls from +0.10 into 'weakening' (<= -0.20)-5.0 pts
  • If growth state reverses from +0.25 (positive) to -0.25 (negative)-4.0 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-04-308d agoItem 2.02

    Results of Operations and Financial Condition. On April 30, 2026, Royal Caribbean Cruises Ltd. (the “Company”) issued a press release regarding its financial results for the quarter ended March 31, 2026. A copy of this press release is furnished as Exhibit 99.1 to this report. This information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and is not incorporated by reference into any filing by the Company, whether made before or aft…

    earnings preannouncementpositivescore 60
  2. 2026-02-272mo agoItem 1.01

    Entry into a Material Definitive Agreement. On February 27, 2026, Royal Caribbean Cruises Ltd. (the “Company”) completed its previously announced offering of $1,250,000,000 aggregate principal amount of 4.750% Senior Notes due 2033 (the “2033 Notes”) and $1,250,000,000 aggregate principal amount of the Company’s 5.250% Senior Notes due 2038 (the “2038 Notes” and, together with the 2033 Notes, the “Notes”), pursuant to an underwriting agreement, dated as of February 12, 2026 (the “Underwriting…

    capital allocationneutralscore 13
  3. 2026-02-172mo agoItem 5.02

    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On February 10, 2026, the Board of Directors (the “Board”) of Royal Caribbean Cruises Ltd. (the “Company”) appointed Christopher Wiernicki as a director of the Company. Mr. Wiernicki served as Chairman and CEO of American Bureau of Shipping (ABS), a leading maritime classification society, from 2011 through 2025. Prior to that role, he held other s…

    executive changeneutralscore 13
  4. 2026-02-272mo agoItem 2.03

    Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth under

    capital allocationnegativescore 10
  5. 2026-02-132mo agoItem 1.01

    Entry into a Material Definitive Agreement. On February 12, 2026 , Royal Caribbean Cruises Ltd. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and PNC Capital Markets LLC, as representatives of the several underwriters named in Exhibit A thereto , relating to the issuance and sale by the Company of $1,250,000,000 aggregate principal amount of the Company’s 4.750% Senior Notes due 2033 and $1,250,0…

    capital allocationneutralscore 9
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-02-11 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.