Shares Outstanding Shares Outstanding n/a Close	271.56M
Shares Change (YoY) Shares Change (YoY) n/a Close	4.58%
Shares Change (QoQ) Shares Change (QoQ) n/a Close	0.09%
Owned by Institutions (%) Owned by Institutions (%) n/a Close	77.86%
Shares Floating Shares Floating n/a Close	246.86M
Failed to Deliver (FTD) Shares Failed to Deliver (FTD) Shares n/a Close	1,417
FTD / Avg. Volume FTD / Avg. Volume n/a Close	0.06%

Short Selling Information

The latest short interest is 11.13M, so 4.1% of the outstanding shares have been sold short.

Short Interest Short Interest n/a Close	11.13M
Short % of Shares Out Short % of Shares Out n/a Close	4.1%
Short % of Float Short % of Float n/a Close	4.96%
Short Ratio (days to cover) Short Ratio (days to cover) n/a Close	5.81

Valuation Ratios

The PE ratio is 20.93 and the forward PE ratio is 14.91. Royal Caribbean Cruises's PEG ratio is 0.32.

PE Ratio PE Ratio n/a Close	20.93
Forward PE Forward PE n/a Close	14.91
PS Ratio PS Ratio n/a Close	3.65
Forward PS Forward PS n/a Close	2.8
PB Ratio PB Ratio n/a Close	7.96
P/FCF Ratio P/FCF Ratio n/a Close	30.15
PEG Ratio PEG Ratio n/a Close	0.32

Financial Ratio History

Enterprise Valuation

Royal Caribbean Cruises has an Enterprise Value (EV) of 80.64B.

EV / Sales EV / Sales n/a Close	4.89
EV / EBITDA EV / EBITDA n/a Close	13.25
EV / EBIT EV / EBIT n/a Close	15.32
EV / FCF EV / FCF n/a Close	40.38

Financial Position

The company has a current ratio of 0.17, with a Debt / Equity ratio of 2.75.

Current Ratio Current Ratio n/a Close	0.17
Quick Ratio Quick Ratio n/a Close	0.15
Debt / Equity Debt / Equity n/a Close	2.75
Debt / EBITDA Debt / EBITDA n/a Close	3.42
Debt / FCF Debt / FCF n/a Close	10.43
Interest Coverage Interest Coverage n/a Close	2.58

Financial Efficiency

Return on Equity is 38.04% and Return on Invested Capital is 14.19%.

Return on Equity Return on Equity n/a Close	38.04%
Return on Assets Return on Assets n/a Close	7.76%
Return on Invested Capital Return on Invested Capital n/a Close	14.19%
Revenue Per Employee Revenue Per Employee n/a Close	$155,592.26
Profits Per Employee Profits Per Employee n/a Close	$27,154.32
Employee Count Employee Count n/a Close	105,950
Asset Turnover Asset Turnover n/a Close	0.44
Inventory Turnover Inventory Turnover n/a Close	32.65

Taxes

Income Tax Income Tax n/a Close	n/a
Effective Tax Rate Effective Tax Rate n/a Close	0%

Stock Price Statistics

The stock price has increased by 73.84% in the last 52 weeks. The beta is 2.15, so Royal Caribbean Cruises's price volatility has been higher than the market average.

Beta Beta n/a Close	2.15
52-Week Price Change 52-Week Price Change n/a Close	73.84%
50-Day Moving Average 50-Day Moving Average n/a Close	230.37
200-Day Moving Average 200-Day Moving Average n/a Close	221.56
Relative Strength Index (RSI) Relative Strength Index (RSI) n/a Close	54.3
Average Volume (20 Days) Average Volume (20 Days) n/a Close	2,357,307

Income Statement

In the last 12 months, Royal Caribbean Cruises had revenue of 16.48B and earned 2.88B in profits. Earnings per share was 11.

Revenue Revenue n/a Close	16.48B
Gross Profit Gross Profit n/a Close	7.83B
Operating Income Operating Income n/a Close	4.11B
Net Income Net Income n/a Close	2.88B
EBITDA EBITDA n/a Close	6.09B
EBIT EBIT n/a Close	4.49B
Earnings Per Share (EPS) Earnings Per Share (EPS) n/a Close	11

Full Income Statement

Balance Sheet

The company has 388M in cash and 20.82B in debt, giving a net cash position of -20.43B.

Cash & Cash Equivalents Cash & Cash Equivalents n/a Close	388M
Total Debt Total Debt n/a Close	20.82B
Net Cash Net Cash n/a Close	-20.43B
Retained Earnings Retained Earnings n/a Close	2.61B
Total Assets Total Assets n/a Close	37.45B
Working Capital Working Capital n/a Close	-8.47B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 5.26B and capital expenditures -3.27B, giving a free cash flow of 2B.

Operating Cash Flow Operating Cash Flow n/a Close	5.26B
Capital Expenditures Capital Expenditures n/a Close	-3.27B
Free Cash Flow Free Cash Flow n/a Close	2B
FCF Per Share FCF Per Share n/a Close	7.65

Full Cash Flow Statement

Margins

Gross margin is 47.52%, with operating and profit margins of 24.91% and 17.45%.

Gross Margin Gross Margin n/a Close	47.52%
Operating Margin Operating Margin n/a Close	24.91%
Pretax Margin Pretax Margin n/a Close	17.57%
Profit Margin Profit Margin n/a Close	17.45%
EBITDA Margin EBITDA Margin n/a Close	36.92%
EBIT Margin EBIT Margin n/a Close	24.91%
FCF Margin FCF Margin n/a Close	12.11%

Dividends & Yields

RCL pays an annual dividend of $2.45, which amounts to a dividend yield of 0.77%.

Dividend Per Share Dividend Per Share n/a Close	$2.45
Dividend Yield Dividend Yield n/a Close	0.77%
Dividend Growth (YoY) Dividend Growth (YoY) n/a Close	87.5%
Payout Ratio Payout Ratio n/a Close	19.92%
Earnings Yield Earnings Yield n/a Close	4.78%
FCF Yield FCF Yield n/a Close	3.32%

Dividend Details

Analyst Forecast

The average price target for RCL is $282.5, which is 9.4% higher than the current price. The consensus rating is "Buy".

Price Target Price Target n/a Close	$282.5
Price Target Difference Price Target Difference n/a Close	9.4%
Analyst Consensus Analyst Consensus n/a Close	Buy
Analyst Count Analyst Count n/a Close	18

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value Lynch Fair Value n/a Close	n/a
Lynch Upside Lynch Upside n/a Close	n/a
Graham Number Graham Number n/a Close	84.77
Graham Upside Graham Upside n/a Close	-67.16%

Stock Splits

The last stock split was on Aug 3, 1998. It was a forward split with a ratio of 2:1.

Last Split Date Last Split Date n/a Close	Aug 3, 1998
Split Type Split Type n/a Close	forward
Split Ratio Split Ratio n/a Close	2:1

Scores

Altman Z-Score Altman Z-Score n/a Close	2.12
Piotroski F-Score Piotroski F-Score n/a Close	7