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RCL Royal Caribbean Cruises Ltd

NYSE, CIK 0000884887, fiscal year ends 12/31. Last price 276.48 on 2026-10-23, market value 73.9 billion dollars.

Machine-readable: RCL.json, RCL.md. Sections: Graham Defensive, Magic Formula, Momentum, Insider, Buffett Quality, Lynch GARP, Graham Enterprising, Piotroski F-Score, earnings record, insiders, filings and links.

Philosophy	Score	Status	Current inputs as of	History used	Price	Verification	Rules
Graham Defensive	37	ok	2025-12-31 stale: Revenue	2014–2025	2026-10-23	10 verified, 21 unverified	method
Magic Formula	36	ok	2025-12-31 stale: operating_income_q, ppe_net	—	2026-10-23	—	method
Momentum	34	ok	2026-10-23	—	2026-10-23	—	method
Insider	0	ok	2026-10-23	—	—	—	method
Buffett Quality	20	ok	2026-06-30	2016–2025	2026-10-23	0 verified, 47 unverified	method
Lynch GARP	25	ok	2026-06-30	2020–2025	2026-10-23	0 verified, 5 unverified	method
Graham Enterprising	29	ok	2026-06-30	2020–2025	2026-10-23	0 verified, 10 unverified	method
Piotroski F-Score	89	ok	—	2024–2026	—	0 verified, 27 unverified	method

Market value, source trail

market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used

Input	Value	Unit	Period / date	Source
Traded price	276.48	USD per traded unit (share or ADS)	2026-10-23	Yahoo Finance
SEC shares outstanding	267,452,084	underlying shares	2026-07-24	SEC cover page 10-Q 0000884887-26-000038 (267,452,084 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/884887/000088488726000038/rcl-20260630.htm 0000884887-26-000038
Depositary ratio	1.0	underlying shares per traded unit		domestic 10-K filer; SEC shares are the traded units
Market value price date × latest reported shares	73,945,152,184	USD	2026-10-23 shares at 2026-07-24	276.48 (price 2026-10-23) / 1 x 267,452,084 (shares at 2026-07-24) = 73,945,152,184

Graham Defensive

37 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
1 Adequate size	17.93 revenue $B	>= 1	5.0 / 5
2a Current ratio	0.21	>= 2.0	0.0 / 15
2b Long-term debt vs working capital working capital not positive	— LTD / WC	<= 1.0	0.0 / 15
3 Positive earnings each of 10 years	7 of 10	10 of 10	10.5 / 15
4 Dividends every year for 20 years	15 of 20 missing 2009, 2010, 2021, 2022, 2023 XBRL check: 9 years agree, 11 unverified	20 of 20	11.25 / 15
5 EPS growth, 3-yr avg now vs 10 yrs ago	4.13 -> 10.95 (+165%)	>= +33%	10.0 / 10
6 P/E on 3-year average EPS	25.2	<= 15	0.0 / 15
7 P/B <= 1.5, or P/E x P/B <= 22.5	P/B 7.22, product 182.3	<= 1.5 or <= 22.5	0.0 / 10

Inputs, 33 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	276.48	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
Revenue	17935000000.0	2025-12-31 stale	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000884887-26-000007	unverified
current_assets	2433000000.0	2026-06-30	SEC XBRL AssetsCurrent 0000884887-26-000038	unverified
current_liabilities	11655000000.0	2026-06-30	SEC XBRL LiabilitiesCurrent 0000884887-26-000038	unverified
lt_debt	21263000000.0	2026-06-30	SEC XBRL LongTermDebtAndCapitalLeaseObligations 0000884887-26-000038	unverified
equity	10236000000.0	2026-06-30	SEC XBRL StockholdersEquity 0000884887-26-000038	unverified
Net income FY2016	1283388000.0	2016-12-31 history	SEC XBRL NetIncomeLoss 0000884887-19-000017	unverified
Net income FY2017	1625133000.0	2017-12-31 history	SEC XBRL NetIncomeLoss 0000884887-20-000014	unverified
Net income FY2018	1811042000.0	2018-12-31 history	SEC XBRL NetIncomeLoss 0000884887-21-000006	unverified
Net income FY2019	1878887000.0	2019-12-31 history	SEC XBRL NetIncomeLoss 0000884887-22-000008	unverified
Net income FY2020	-5797462000.0	2020-12-31 history	SEC XBRL NetIncomeLoss 0000884887-23-000006	unverified
Net income FY2021	-5260000000.0	2021-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000884887-26-000017) 0000884887-24-000075	unverified
Net income FY2022	-2156000000.0	2022-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000884887-26-000017) 0000884887-25-000050	unverified
Net income FY2023	1697000000.0	2023-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000884887-26-000017) 0000884887-26-000007	unverified
Net income FY2024	2877000000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000884887-26-000017) 0000884887-26-000007	unverified
Net income FY2025	4268000000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000884887-26-000017) 0000884887-26-000007	unverified
Dividend years (Yahoo)	[1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2024, 2025, 2026]	history	Yahoo Finance dividend history	verified (partly: XBRL covers 9 of 20 years)
Dividends per share FY2016 (XBRL)	1.71	2016-12-31 history	SEC XBRL CommonStockDividendsPerShareDeclared 0000884887-19-000017	verified
Dividends per share FY2017 (XBRL)	2.16	2017-12-31 history	SEC XBRL CommonStockDividendsPerShareDeclared 0000884887-20-000014	verified
Dividends per share FY2018 (XBRL)	2.6	2018-12-31 history	SEC XBRL CommonStockDividendsPerShareDeclared 0000884887-21-000006	verified
Dividends per share FY2019 (XBRL)	2.96	2019-12-31 history	SEC XBRL CommonStockDividendsPerShareDeclared 0000884887-22-000008	verified
Dividends per share FY2020 (XBRL)	0.78	2020-12-31 history	SEC XBRL CommonStockDividendsPerShareDeclared 0000884887-23-000006	verified
Dividends per share FY2022 (XBRL)	0.0	2022-12-31 history	SEC XBRL CommonStockDividendsPerShareDeclared 0000884887-25-000050	verified
Dividends per share FY2023 (XBRL)	0.0	2023-12-31 history	SEC XBRL CommonStockDividendsPerShareDeclared 0000884887-25-000050	verified
Dividends per share FY2024 (XBRL)	0.95	2024-12-31 history	SEC XBRL CommonStockDividendsPerShareDeclared 0000884887-26-000007	verified
Dividends per share FY2025 (XBRL)	3.5	2025-12-31 history	SEC XBRL CommonStockDividendsPerShareDeclared 0000884887-26-000007	verified
EPS diluted FY2014	3.43	2014-12-31 history	SEC XBRL EarningsPerShareDiluted 0000884887-17-000020	unverified
EPS diluted FY2015	3.02	2015-12-31 history	SEC XBRL EarningsPerShareDiluted 0000884887-18-000017	unverified
EPS diluted FY2016	5.93	2016-12-31 history	SEC XBRL EarningsPerShareDiluted 0000884887-19-000017	unverified
EPS diluted FY2023	6.31	2023-12-31 history	SEC XBRL EarningsPerShareDiluted 0000884887-26-000007	unverified
EPS diluted FY2024	10.94	2024-12-31 history	SEC XBRL EarningsPerShareDiluted 0000884887-26-000007	unverified
EPS diluted FY2025	15.61	2025-12-31 history	SEC XBRL EarningsPerShareDiluted 0000884887-26-000007	unverified
Shares outstanding	267452084.0	2026-07-24	SEC cover page 10-Q 0000884887-26-000038 (267,452,084 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/884887/000088488726000038/rcl-20260630.htm 0000884887-26-000038	not cross-checked

Magic Formula

36 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
Earnings yield (EBIT/EV) EBIT trailing twelve months; EV = market cap + debt (23,407,000,000) - cash	5.29 % (rank 66)
Return on capital (EBIT/(NWC+PPE)) net working capital -9,222,000,000 used as reported	19.28 % (rank 154)
Combined rank	220

Inputs, 13 numbers with their sources

Input	Value	Period	Source	Check
operating_income	4910000000.0	2025-12-31 history	SEC XBRL OperatingIncomeLoss 0000884887-26-000007	not cross-checked
operating_income_q	1162000000.0	2026-03-31 stale	SEC XBRL OperatingIncomeLoss (quarter CY2026Q1) 0000884887-26-000026	not cross-checked
operating_income_q	945000000.0	2025-03-31 history	SEC XBRL OperatingIncomeLoss (quarter CY2025Q1) 0000884887-26-000026	not cross-checked
operating_income_q	1307000000.0	2026-06-30	SEC XBRL OperatingIncomeLoss (quarter CY2026Q2) 0000884887-26-000038	not cross-checked
operating_income_q	1329000000.0	2025-06-30 history	SEC XBRL OperatingIncomeLoss (quarter CY2025Q2) 0000884887-26-000038	not cross-checked
current_assets	2433000000.0	2026-06-30	SEC XBRL AssetsCurrent 0000884887-26-000038	not cross-checked
current_liabilities	11655000000.0	2026-06-30	SEC XBRL LiabilitiesCurrent 0000884887-26-000038	not cross-checked
cash	875000000.0	2026-06-30	SEC XBRL CashAndCashEquivalentsAtCarryingValue 0000884887-26-000038	not cross-checked
ppe_net	35696000000.0	2025-12-31 stale	SEC XBRL PropertyPlantAndEquipmentNet 0000884887-26-000007	not cross-checked
debt_incl_current	23407000000.0	2026-06-30	SEC XBRL LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities 0000884887-26-000038	not cross-checked
shares_out	267452084.0	2026-07-24	SEC cover page 10-Q 0000884887-26-000038 (267,452,084 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/884887/000088488726000038/rcl-20260630.htm 0000884887-26-000038	not cross-checked
Price (close)	276.48	2026-10-23	Yahoo Finance / Alpaca Market Data	not cross-checked
note	debt = LongTermDebt (incl. current maturities)			not cross-checked

Momentum

34 of 100. ok. How this is scored.

Test or factor	Value	Points
12-1 month return	-25.9 % (percentile 10.1)	5.0 / 50
6 month return	7.3 % (percentile 58.9)	11.8 / 20
Price / 52-week high	0.808	12.1 / 15
Volatility penalty (60d annualised)	34.7 %	4.6 / 15

Inputs, 1 numbers with their sources

Input	Value	Period	Source	Check
Adjusted close series (14 months)	276.48	2026-10-23	Yahoo Finance / Alpaca Market Data daily history	not cross-checked

Insider

0 of 100. ok. How this is scored. Form 4 data loaded through 2026-10-23

Test or factor	Value	Points
Open-market buy value / market cap (percentile among buyers)	0.0 bp	0.0 / 35
Distinct buyers	0	0.0 / 25
Buyer seniority	0.0	0.0 / 20
Recency (half-life 30d)	0.0	0.0 / 10
Sales penalty (excludes 10b5-1 plan sales)	0.55 bp	-6.0 / 0

Inputs, 1 numbers with their sources

Input	Value	Period	Source	Check
Form 4 S Bayley Michael W 2026-07-29	4048147.89	2026-07-29	SEC Form 4 (insider transactions data set)	not cross-checked

Buffett Quality

20 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
1 Average return on equity (net income / year-end equity)	-12.1% over 8 yrs	>= 15%	0.0 / 25
2 Profitable every year	7 of 10	all years	10.5 / 15
3 Net income growth, 3-yr average now vs start of window	+9.4% a year	>= +10%	9.4 / 10
4 Borrowings / 3-yr average earnings (years to repay) LongTermDebt (incl. current maturities)	7.9 years	<= 4	0.2 / 15
5 Operating margin, 5-yr average	-37.7%	>= 20%	0.0 / 10
6 Free cash flow / net income, 5-yr (operating cash flow minus capex)	-1.77	>= 1.0	0.0 / 10
7 Owner-earnings yield (3-yr avg free cash flow / market cap)	1.7%	>= 7%	0.0 / 15

Inputs, 49 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	276.48	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
Net income FY2018	1811042000.0	2018-12-31 history	SEC XBRL NetIncomeLoss 0000884887-21-000006	unverified
Equity at FY2018 end	11105461000.0	2018-12-31 history	SEC XBRL StockholdersEquity 0000884887-22-000008	unverified
Net income FY2019	1878887000.0	2019-12-31 history	SEC XBRL NetIncomeLoss 0000884887-22-000008	unverified
Equity at FY2019 end	12163846000.0	2019-12-31 history	SEC XBRL StockholdersEquity 0000884887-23-000006	unverified
Net income FY2020	-5797462000.0	2020-12-31 history	SEC XBRL NetIncomeLoss 0000884887-23-000006	unverified
Equity at FY2020 end	8760669000.0	2020-12-31 history	SEC XBRL StockholdersEquity 0000884887-23-000006	unverified
Net income FY2021	-5260000000.0	2021-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000884887-26-000017) 0000884887-24-000075	unverified
Equity at FY2021 end	5085556000.0	2021-12-31 history	SEC XBRL StockholdersEquity 0000884887-23-000006	unverified
Net income FY2022	-2156000000.0	2022-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000884887-26-000017) 0000884887-25-000050	unverified
Equity at FY2022 end	2869000000.0	2022-12-31 history	SEC XBRL StockholdersEquity 0000884887-24-000075	unverified
Net income FY2023	1697000000.0	2023-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000884887-26-000017) 0000884887-26-000007	unverified
Equity at FY2023 end	4724000000.0	2023-12-31 history	SEC XBRL StockholdersEquity 0000884887-25-000050	unverified
Net income FY2024	2877000000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000884887-26-000017) 0000884887-26-000007	unverified
Equity at FY2024 end	7563000000.0	2024-12-31 history	SEC XBRL StockholdersEquity 0000884887-26-000007	unverified
Net income FY2025	4268000000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000884887-26-000017) 0000884887-26-000007	unverified
Equity at FY2025 end	10037000000.0	2025-12-31 history	SEC XBRL StockholdersEquity 0000884887-26-000038	unverified
Net income FY2016	1283388000.0	2016-12-31 history	SEC XBRL NetIncomeLoss 0000884887-19-000017	unverified
Net income FY2017	1625133000.0	2017-12-31 history	SEC XBRL NetIncomeLoss 0000884887-20-000014	unverified
Net income FY2018	1811042000.0	2018-12-31 history	SEC XBRL NetIncomeLoss 0000884887-21-000006	unverified
Net income FY2019	1878887000.0	2019-12-31 history	SEC XBRL NetIncomeLoss 0000884887-22-000008	unverified
Net income FY2020	-5797462000.0	2020-12-31 history	SEC XBRL NetIncomeLoss 0000884887-23-000006	unverified
Net income FY2021	-5260000000.0	2021-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000884887-26-000017) 0000884887-24-000075	unverified
Net income FY2022	-2156000000.0	2022-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000884887-26-000017) 0000884887-25-000050	unverified
Net income FY2023	1697000000.0	2023-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000884887-26-000017) 0000884887-26-000007	unverified
Net income FY2024	2877000000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000884887-26-000017) 0000884887-26-000007	unverified
Net income FY2025	4268000000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000884887-26-000017) 0000884887-26-000007	unverified
debt_incl_current	23407000000.0	2026-06-30	SEC XBRL LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities 0000884887-26-000038	unverified
Operating income FY2021	-3870000000.0	2021-12-31 history	SEC XBRL OperatingIncomeLoss 0000884887-24-000075	unverified
Revenue FY2021	1532000000.0	2021-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000884887-24-000075	unverified
Operating income FY2022	-766000000.0	2022-12-31 history	SEC XBRL OperatingIncomeLoss 0000884887-25-000050	unverified
Revenue FY2022	8840000000.0	2022-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000884887-25-000050	unverified
Operating income FY2023	2878000000.0	2023-12-31 history	SEC XBRL OperatingIncomeLoss 0000884887-26-000007	unverified
Revenue FY2023	13900000000.0	2023-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000884887-26-000007	unverified
Operating income FY2024	4106000000.0	2024-12-31 history	SEC XBRL OperatingIncomeLoss 0000884887-26-000007	unverified
Revenue FY2024	16484000000.0	2024-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000884887-26-000007	unverified
Operating income FY2025	4910000000.0	2025-12-31 history	SEC XBRL OperatingIncomeLoss 0000884887-26-000007	unverified
Revenue FY2025	17935000000.0	2025-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000884887-26-000007	unverified
Operating cash flow FY2021	-1878000000.0	2021-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000884887-24-000075	unverified
Capital expenditure FY2021	2230000000.0	2021-12-31 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000884887-24-000075	unverified
Operating cash flow FY2022	481000000.0	2022-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000884887-25-000050	unverified
Capital expenditure FY2022	2710000000.0	2022-12-31 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000884887-25-000050	unverified
Operating cash flow FY2023	4477000000.0	2023-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000884887-26-000007	unverified
Capital expenditure FY2023	3897000000.0	2023-12-31 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000884887-26-000007	unverified
Operating cash flow FY2024	5265000000.0	2024-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000884887-26-000007	unverified
Capital expenditure FY2024	3268000000.0	2024-12-31 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000884887-26-000007	unverified
Operating cash flow FY2025	6465000000.0	2025-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000884887-26-000007	unverified
Capital expenditure FY2025	5229000000.0	2025-12-31 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000884887-26-000007	unverified
Shares outstanding	267452084.0	2026-07-24	SEC cover page 10-Q 0000884887-26-000038 (267,452,084 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/884887/000088488726000038/rcl-20260630.htm 0000884887-26-000038	not cross-checked

Lynch GARP

25 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
1 PEG: P/E divided by 5-yr EPS growth (in % points) earnings not positive in both years, or growth not positive: PEG undefined	—	<= 1.0	0.0 / 30
2 EPS growth, 5-yr compound rate earnings not positive in both years	—	12% to 35% a year	0.0 / 20
3 P/E on latest annual EPS	17.7	<= 25	10.0 / 10
4 Borrowings / equity LongTermDebt (incl. current maturities)	2.29	<= 0.5	0.0 / 15
5 Years of the last 5 in which EPS rose	5 of 5	5 of 5	15.0 / 15
6 Net cash (cash minus borrowings) / market cap	-30.5%	>= +10%	0.0 / 10

Inputs, 6 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	276.48	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
EPS diluted FY2025	15.61	2025-12-31 history	SEC XBRL EarningsPerShareDiluted 0000884887-26-000007	unverified
EPS diluted FY2020	-27.05	2020-12-31 history	SEC XBRL EarningsPerShareDiluted 0000884887-23-000006	unverified
debt_incl_current	23407000000.0	2026-06-30	SEC XBRL LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities 0000884887-26-000038	unverified
equity	10236000000.0	2026-06-30	SEC XBRL StockholdersEquity 0000884887-26-000038	unverified
cash	875000000.0	2026-06-30	SEC XBRL CashAndCashEquivalentsAtCarryingValue 0000884887-26-000038	unverified

Graham Enterprising

29 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
1 Current ratio	0.21	>= 1.5	0.0 / 15
2 Borrowings vs working capital working capital not positive	—	<= 1.1x	0.0 / 15
3 No earnings deficit in the last 5 years	3 of 5 profitable	5 of 5	9.0 / 15
4 Pays a current dividend	yes	yes	10.0 / 10
5 EPS higher than five years earlier	-27.05 -> 15.61	higher	10.0 / 10
6 Price / book value per share book value used because intangibles are not separated in the dataset (Graham uses net tangible assets)	7.22	<= 1.2	0.0 / 20
7 Price / net current asset value per share (current assets minus all liabilities) net current asset value not positive	—	<= 0.67	0.0 / 15

Inputs, 13 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	276.48	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
current_assets	2433000000.0	2026-06-30	SEC XBRL AssetsCurrent 0000884887-26-000038	unverified
current_liabilities	11655000000.0	2026-06-30	SEC XBRL LiabilitiesCurrent 0000884887-26-000038	unverified
Net income FY2021	-5260000000.0	2021-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000884887-26-000017) 0000884887-24-000075	unverified
Net income FY2022	-2156000000.0	2022-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000884887-26-000017) 0000884887-25-000050	unverified
Net income FY2023	1697000000.0	2023-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000884887-26-000017) 0000884887-26-000007	unverified
Net income FY2024	2877000000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000884887-26-000017) 0000884887-26-000007	unverified
Net income FY2025	4268000000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000884887-26-000017) 0000884887-26-000007	unverified
Dividend years (Yahoo)	[2016, 2017, 2018, 2019, 2020, 2024, 2025, 2026]	history	Yahoo Finance dividend history	not cross-checked
EPS diluted FY2025	15.61	2025-12-31 history	SEC XBRL EarningsPerShareDiluted 0000884887-26-000007	unverified
EPS diluted FY2020	-27.05	2020-12-31 history	SEC XBRL EarningsPerShareDiluted 0000884887-23-000006	unverified
equity	10236000000.0	2026-06-30	SEC XBRL StockholdersEquity 0000884887-26-000038	unverified
Shares outstanding	267452084.0	2026-07-24	SEC cover page 10-Q 0000884887-26-000038 (267,452,084 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/884887/000088488726000038/rcl-20260630.htm 0000884887-26-000038	not cross-checked

Piotroski F-Score

89 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
1 Return on assets is positive	10.3%	pass = 1	11.11111111111111 / 11.11111111111111
2 Operating cash flow is positive	6,465M	pass = 1	11.11111111111111 / 11.11111111111111
3 Return on assets improved on the prior year	7.8% -> 10.3%	pass = 1	11.11111111111111 / 11.11111111111111
4 Operating cash flow exceeds net income (accruals)	6,465M vs 4,268M	pass = 1	11.11111111111111 / 11.11111111111111
5 Long-term debt / assets fell	49.8% -> 43.6%	pass = 1	11.11111111111111 / 11.11111111111111
6 Current ratio improved	0.17 -> 0.18	pass = 1	11.11111111111111 / 11.11111111111111
7 No new shares issued (share count did not rise)	272M -> 267M	pass = 1	11.11111111111111 / 11.11111111111111
8 Operating margin improved (stand-in for gross margin, which the dataset does not carry)	24.9% -> 27.4%	pass = 1	11.11111111111111 / 11.11111111111111
9 Asset turnover (revenue / assets) improved	0.44 -> 0.43	pass = 1	0.0 / 11.11111111111111

Inputs, 27 numbers with their sources

Input	Value	Period	Source	Check
net_income 2025-12-31	4268000000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000884887-26-000017) 0000884887-26-000007	unverified
total_assets 2025-12-31	41619000000.0	2025-12-31 history	SEC XBRL Assets 0000884887-26-000038	unverified
cfo 2025-12-31	6465000000.0	2025-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000884887-26-000007	unverified
net_income 2025-12-31	4268000000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000884887-26-000017) 0000884887-26-000007	unverified
net_income 2024-12-31	2877000000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000884887-26-000017) 0000884887-26-000007	unverified
total_assets 2025-12-31	41619000000.0	2025-12-31 history	SEC XBRL Assets 0000884887-26-000038	unverified
total_assets 2024-12-31	37070000000.0	2024-12-31 history	SEC XBRL Assets 0000884887-26-000007	unverified
cfo 2025-12-31	6465000000.0	2025-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000884887-26-000007	unverified
net_income 2025-12-31	4268000000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0000884887-26-000017) 0000884887-26-000007	unverified
lt_debt 2025-12-31	18165000000.0	2025-12-31 history	SEC XBRL LongTermDebtAndCapitalLeaseObligations 0000884887-26-000038	unverified
lt_debt 2024-12-31	18473000000.0	2024-12-31 history	SEC XBRL LongTermDebtAndCapitalLeaseObligations 0000884887-26-000007	unverified
total_assets 2025-12-31	41619000000.0	2025-12-31 history	SEC XBRL Assets 0000884887-26-000038	unverified
total_assets 2024-12-31	37070000000.0	2024-12-31 history	SEC XBRL Assets 0000884887-26-000007	unverified
current_assets 2025-12-31	2211000000.0	2025-12-31 history	SEC XBRL AssetsCurrent 0000884887-26-000038	unverified
current_assets 2024-12-31	1705000000.0	2024-12-31 history	SEC XBRL AssetsCurrent 0000884887-26-000007	unverified
current_liabilities 2025-12-31	12055000000.0	2025-12-31 history	SEC XBRL LiabilitiesCurrent 0000884887-26-000038	unverified
current_liabilities 2024-12-31	9817000000.0	2024-12-31 history	SEC XBRL LiabilitiesCurrent 0000884887-26-000007	unverified
shares_out 2026-07-24	267452084.0	2026-07-24 history	SEC XBRL EntityCommonStockSharesOutstanding 0000884887-26-000038	unverified
shares_out 2025-07-25	271627660.0	2025-07-25 history	SEC XBRL EntityCommonStockSharesOutstanding 0000884887-25-000142	unverified
operating_income 2025-12-31	4910000000.0	2025-12-31 history	SEC XBRL OperatingIncomeLoss 0000884887-26-000007	unverified
operating_income 2024-12-31	4106000000.0	2024-12-31 history	SEC XBRL OperatingIncomeLoss 0000884887-26-000007	unverified
revenue 2025-12-31	17935000000.0	2025-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000884887-26-000007	unverified
revenue 2024-12-31	16484000000.0	2024-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000884887-26-000007	unverified
revenue 2025-12-31	17935000000.0	2025-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000884887-26-000007	unverified
revenue 2024-12-31	16484000000.0	2024-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000884887-26-000007	unverified
total_assets 2025-12-31	41619000000.0	2025-12-31 history	SEC XBRL Assets 0000884887-26-000038	unverified
total_assets 2024-12-31	37070000000.0	2024-12-31 history	SEC XBRL Assets 0000884887-26-000007	unverified

Earnings record

SEC XBRL, by fiscal year (named by the calendar year it ends in); EPS split-adjusted to today's shares; each row links to the filing.

FY	Ended	Revenue, $M	Net income, $M	EPS diluted	Dividend	Filing
2013	2013-12-31	7,960	474	2.14	paid	0000884887-16-000126
2014	2014-12-31	8,074	764	3.43	paid	0000884887-17-000020
2015	2015-12-31	8,299	666	3.02	paid	0000884887-18-000017
2016	2016-12-31	8,496	1,283	5.93	paid	0000884887-19-000017
2017	2017-12-31	8,778	1,625	7.53	paid	0000884887-20-000014
2018	2018-12-31	9,494	1,811	8.56	paid	0000884887-21-000006
2019	2019-12-31	10,951	1,879	8.95	paid	0000884887-22-000008
2020	2020-12-31	2,209	-5,797	-27.05	paid	0000884887-23-000006
2021	2021-12-31	1,532	-5,260	-20.89	none	0000884887-24-000075
2022	2022-12-31	8,840	-2,156	-8.45	none	0000884887-25-000050
2023	2023-12-31	13,900	1,697	6.31	none	0000884887-26-000007
2024	2024-12-31	16,484	2,877	10.94	paid	0000884887-26-000007
2025	2025-12-31	17,935	4,268	15.61	paid	0000884887-26-000007

Insider transactions

SEC Form 4 open-market purchases and sales from the insider data sets; latest 20.

Date	Insider	Role	Type	Shares	Price	Value
2026-07-29	Bayley Michael W	CEO	sale	12,811	315.99	4,048,148

Filings and links

Third-party sites are linked only; nothing from them is stored here.

SEC: filing index, 8-K, Form 4, XBRL companyfacts
Prices: Yahoo Finance, Stooq
Elsewhere: morningstar, finviz, stockanalysis, seeking alpha, openinsider, google news

Cite as: The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/RCL; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23. Data last checked 2026-10-26.