royal caribbean cruises ltd. (nyse: rcl) is a global cruise vacation company that owns and operates three global brands: royal caribbean international, celebrity cruises and azamara club cruises. we are a 50% joint venture owner of the german brand tui cruises, a 49% interest in the spanish brand pullmantur and a minority interest in skysea cruises. together, these brands operate a combined total of 49 ships with an additional thirteen on order. they operate diverse itineraries around the world that call on approximately 535 destinations on all seven continents.
Company profile
Ticker
RCL
Exchange
Website
CEO
Richard Fain
Employees
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Admiral Management Inc. • Adventure of the Seas Inc. • Allure of the Seas Inc. • Anthem of the Seas Inc. • Brilliance of the Seas Shipping Inc. • Celebrity Apex Inc. • Celebrity Beyond LLC • Celebrity Cruise Lines Inc. • Celebrity Cruises Holdings Inc. • Celebrity Cruises Inc. ...
IRS number
980081645
RCL stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
25 Apr 24
8-K
Royal Caribbean Group Reports First Quarter Results and Increases Full Year Guidance on Continued Strong Demand
25 Apr 24
ARS
2023 FY
Annual report to shareholders
17 Apr 24
DEFA14A
Additional proxy soliciting materials
17 Apr 24
DEF 14A
Definitive proxy
17 Apr 24
8-K
Royal Caribbean Group announces completion of $1.25 billion offering of senior unsecured notes to refinance its senior notes due 2027
7 Mar 24
S-3ASR
Automatic shelf registration
29 Feb 24
8-K
Royal Caribbean Group announces upsizing and pricing of $1.25 billion offering of senior unsecured notes to refinance its senior notes due 2027
22 Feb 24
8-K
Royal Caribbean Group announces proposed offering of senior unsecured notes to refinance its senior notes due 2027
22 Feb 24
8-K
Since last earnings call, demand and bookings have exceeded expectations
21 Feb 24
Transcripts
RCL
Earnings call transcript
2024 Q1
25 Apr 24
RCL
Earnings call transcript
2023 Q4
1 Feb 24
RCL
Earnings call transcript
2023 Q3
26 Oct 23
RCL
Earnings call transcript
2023 Q2
27 Jul 23
RCL
Earnings call transcript
2023 Q1
4 May 23
RCL
Earnings call transcript
2022 Q4
7 Feb 23
RCL
Earnings call transcript
2022 Q3
3 Nov 22
RCL
Earnings call transcript
2022 Q2
28 Jul 22
RCL
Earnings call transcript
2022 Q1
5 May 22
RCL
Earnings call transcript
2021 Q4
4 Feb 22
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 600.12 mm | 600.12 mm | 600.12 mm | 600.12 mm | 600.12 mm | 600.12 mm |
Cash burn (monthly) | 42.10 mm | 80.51 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 290.58 mm | 555.65 mm | n/a | n/a | n/a | n/a |
Cash remaining | 309.54 mm | 44.47 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 7.4 | 0.6 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
89.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 726 |
Opened positions | 96 |
Closed positions | 103 |
Increased positions | 255 |
Reduced positions | 220 |
13F shares | Current |
---|---|
Total value | 18.14 tn |
Total shares | 229.56 mm |
Total puts | 26.87 mm |
Total calls | 11.97 mm |
Total put/call ratio | 2.2 |
Largest owners | Shares | Value |
---|---|---|
Capital Research Global Investors | 29.53 mm | $2.72 tn |
Capital International Investors | 28.96 mm | $2.67 tn |
Vanguard | 24.92 mm | $2.30 tn |
A Wilhelmsen A S | 21.06 mm | $0.00 |
BLK Blackrock | 15.79 mm | $1.45 tn |
Osiris | 11.50 mm | $884.11 mm |
STT State Street | 8.57 mm | $789.78 bn |
Primecap Management | 6.19 mm | $570.52 bn |
Geode Capital Management | 5.05 mm | $464.51 bn |
D. E. Shaw & Co. | 4.81 mm | $443.39 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
26 Apr 24 | Jason T Liberty | Common Stock | Sell | Dispose S | No | No | 139.6267 | 50,000 | 6.98 mm | 153,017 |
24 Mar 24 | Jason T Liberty | Common Stock | Payment of exercise | Dispose F | No | No | 135.77 | 22,323 | 3.03 mm | 203,017 |
24 Mar 24 | Jason T Liberty | Common Stock | Payment of exercise | Dispose F | No | No | 135.77 | 9,740 | 1.32 mm | 225,340 |
24 Mar 24 | Harri U Kulovaara | Common Stock | Payment of exercise | Dispose F | No | No | 135.77 | 5,218 | 708.45 k | 44,867 |
24 Mar 24 | Naftali Holtz | Common Stock | Payment of exercise | Dispose F | No | No | 135.77 | 2,261 | 306.98 k | 42,820 |
24 Mar 24 | Naftali Holtz | Common Stock | Payment of exercise | Dispose F | No | No | 135.77 | 301 | 40.87 k | 45,007 |
24 Mar 24 | Richard D Fain | Common Stock | Payment of exercise | Dispose F | No | No | 135.77 | 47,882 | 6.50 mm | 198,701 |
News
Wells Fargo Maintains Overweight on Royal Caribbean Gr, Raises Price Target to $159
26 Apr 24
Barclays Maintains Overweight on Royal Caribbean Gr, Raises Price Target to $165
26 Apr 24
Susquehanna Maintains Positive on Royal Caribbean Gr, Raises Price Target to $160
26 Apr 24
Mizuho Maintains Buy on Royal Caribbean Gr, Raises Price Target to $168
26 Apr 24
Royal Caribbean Cruises Through Q1 As Demand And Pricing Remains High
25 Apr 24
Press releases
Hard Rock International, Seminole Gaming, Royal Caribbean International and Celebrity Cruises Announce Global Partnership, Bringing Travel Benefits Across Land and Sea
26 Apr 24
Hard Rock International, Seminole Gaming, Royal Caribbean International and Celebrity Cruises Announce Global Partnership, Bringing Travel Benefits Across Land and Sea
26 Apr 24
Hard Rock International, Seminole Gaming, Royal Caribbean International and Celebrity Cruises Announce Global Partnership, Bringing Travel Benefits Across Land and Sea
26 Apr 24
ROYAL CARIBBEAN GROUP REPORTS FIRST QUARTER RESULTS AND INCREASES FULL YEAR GUIDANCE ON CONTINUED STRONG DEMAND
25 Apr 24
CONSTRUCTION BEGINS ON ROYAL CARIBBEAN'S FIRST ROYAL BEACH CLUB
22 Apr 24