OverviewSuggest Edit

Royal Caribbean International is a cruise line brand. It offers a variety of cruise holidays and allows clients to book them.

TypePublic
Founded1969
HQMiami, US
Websiteroyalcaribbean.com
Employee Ratings3.9
Culture scoreA+

Latest Updates

Employees (est.) (Dec 2019)85,400(+11%)
Revenue (FY, 2019)$11 B(+16%)
Share Price (May 2020)$43.1

Key People/Management at Royal Caribbean

Richard Fain

Richard Fain

Chairman & CEO
Jason Liberty

Jason Liberty

Svp & CFO
Harri Kulovaara

Harri Kulovaara

EVP, Maritime
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Royal Caribbean Office Locations

Royal Caribbean has an office in Miami
Miami, US (HQ)
1050 Caribbean Way
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Royal Caribbean Financials and Metrics

Royal Caribbean Revenue

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Royal Caribbean's revenue was reported to be $10.95 b in FY, 2019
USD

Revenue (Q1, 2020)

2.0b

Gross profit (Q1, 2020)

521.9m

Gross profit margin (Q1, 2020), %

25.7%

Net income (Q1, 2020)

(1.4b)

EBIT (Q1, 2020)

(1.3b)

Market capitalization (22-May-2020)

9.0b

Closing stock price (22-May-2020)

43.1

Cash (31-Mar-2020)

3.9b

EV

21.6b
Royal Caribbean's current market capitalization is $9 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

8.5b8.8b9.5b11.0b

Revenue growth, %

2%3%8%

Cost of goods sold

5.0b4.9b5.3b6.1b

Gross profit

3.5b3.9b4.2b4.9b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

2.0b2.2b2.6b2.0b2.3b2.8b2.4b2.8b3.2b2.0b

Cost of goods sold

1.2b1.3b1.3b1.2b1.3b1.4b1.4b1.5b1.6b1.5b

Gross profit

832.7m938.5m1.3b851.7m1.0b1.4b1.0b1.3b1.6b521.9m

Gross profit Margin, %

41%43%49%42%44%50%42%45%49%26%
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

132.6m120.1m287.9m

Accounts Receivable

291.9m318.6m324.5m

Inventories

114.1m111.4m153.6m

Current Assets

748.3m843.0m1.2b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

109.3m130.5m140.0m111.2m109.0m254.8m248.2m235.0m276.7m3.9b

Accounts Receivable

293.0m264.0m285.3m387.9m355.7m385.3m375.0m340.9m349.0m220.9m

Prepaid Expenses

500.5m399.4m304.8m

Inventories

108.4m109.1m119.9m110.8m121.9m152.2m157.9m168.0m167.2m177.7m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

1.3b1.6b1.8b1.9b

Depreciation and Amortization

894.9m951.2m1.0b1.2b

Inventories

(1.7m)2.4m(23.8m)(8.5m)

Accounts Payable

29.6m36.8m91.7m75.3m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

214.7m584.3m1.3b218.7m684.9m1.5b256.8m736.8m1.6b(1.4b)

Depreciation and Amortization

235.7m470.7m710.8m240.2m493.6m753.5m292.3m603.9m924.2m324.3m

Inventories

5.4m4.7m(6.1m)567.0k(10.5m)(21.8m)(4.4m)(14.4m)(13.6m)(15.6m)

Accounts Payable

56.4m69.6m77.4m110.5m58.8m35.4m8.8m43.6m51.0m851.3m
USDY, 2020

EV/EBIT

-16.6 x

EV/CFO

108.8 x

Financial Leverage

3.3 x
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Royal Caribbean Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Brands

3 3 3

Destinations

480 490 535

Ocean Cruise Ships Fleet

43 44 49

Passengers

5.15 m1.34 m1.31 m1.40 m5.40 m1.40 m1.40 m1.56 m5.75 m1.43 m1.43 m
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Royal Caribbean Revenue Breakdown

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Royal Caribbean revenue breakdown by business segment: 28.5% from Onboard and Other and 71.5% from Passenger Ticket

Royal Caribbean Online and Social Media Presence

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Royal Caribbean Company Culture

  • Overall Culture

    A+

    80/100

  • CEO Rating

    A+

    82/100

  • Compensation

    A

    79/100

  • Diversity

    A+

    82/100

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Royal Caribbean News and Updates

Royal Caribbean reports USD 1.4-billion loss

Royal Caribbean Cruises has reported a net loss of USD 1.4 billion for the first quarter of the financial year. The figure compares to a profit of USD 250 million in the same quarter last year. The second-largest cruise company in the world saw revenue fall 17% to USD 2.03 billion over the period. I…

Royal Caribbean hopes to resume cruises as soon as August, but the CEO says only if it's safe

"We won't come back until we're sure we have done everything we can to work to protect the safety of our guests and crew," Royal Caribbean's Richard Fain told CNBC.

Royal Caribbean swings to wider-than-expected loss, but stock surges

Shares of Royal Caribbean Cruises Ltd. surged 3.4% in premarket trading Wednesday, after the cruise operator swung to a first-quarter loss that was wider than expected as the COVID-19 pandemic led to cruise suspensions, but said 2021 bookings remained within historical ranges. The company reported …

Royal Caribbean sees second-quarter loss, up to $610 million interest expenses

Royal Caribbean Cruises Ltd on Wednesday said it expects to post interest expenses between $590 million and $610 million for the rest of the year and sees a second-quarter loss as ships remain anchored because of the COVID-19 pandemic.

Royal Caribbean pledges 28 ships as collateral for $3.3 bln bond offering

Royal Caribbean Cruises launched a new $3.3 billion bond offering on Wednesday and said it would use 28 of its ships as collateral, as it looks to stay afloat after the COVID-19 pandemic upended the industry.

Royal Caribbean launches $3.3 billion debt offering

Shares of Royal Caribbean Cruises Ltd. rallied 3.2% in premarket trading Wednesday, after the cruise operator said it has launched a private offering of $3.3 billion in senior secured notes due 2023 and 2025. The notes will be backed by 28 of its vessels and intellectual property. The company expec…
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Royal Caribbean Frequently Asked Questions

  • When was Royal Caribbean founded?

    Royal Caribbean was founded in 1969.

  • Who are Royal Caribbean key executives?

    Royal Caribbean's key executives are Richard Fain, Jason Liberty and Harri Kulovaara.

  • How many employees does Royal Caribbean have?

    Royal Caribbean has 85,400 employees.

  • What is Royal Caribbean revenue?

    Latest Royal Caribbean annual revenue is $11 b.

  • What is Royal Caribbean revenue per employee?

    Latest Royal Caribbean revenue per employee is $128.2 k.

  • Who are Royal Caribbean competitors?

    Competitors of Royal Caribbean include Norwegian Cruise Line, Travel Best Bets and FBI Travel.

  • Where is Royal Caribbean headquarters?

    Royal Caribbean headquarters is located at 1050 Caribbean Way, Miami.

  • Where are Royal Caribbean offices?

    Royal Caribbean has an office in Miami.

  • How many offices does Royal Caribbean have?

    Royal Caribbean has 1 office.