Royal Caribbean Cruises Ltd.
Market Cap
$82.1B
Global Rank
#192
All-Time High
$87.6B
2026-08-05
Total Growth
+0%
since 2026
Market Cap Context
- Larger than 48% of the 367 companies we track (globally).
- Equivalent to 0.3% of United States's GDP (2025 data).
- Just above: #191 Moody's Corporation ($82.5B)
- Just below: #193 Canadian Pacific Kansas City Limited ($82.1B)
- Best year: 2023 (+162%). Worst year: 2008 (-67%).
Royal Caribbean Cruises Ltd. Financial Breakdown (FY 2025)
Source: Yahoo Finance — RCL annual filings (2025) →$17.9B revenue · $4.9B operating income · $4.3B net income
- ●Operating margin: 27.4% on $17.9B in revenue.
- ●Net income margin: 23.8% — $4.3B in profit.
- ●Free cash flow: $1.2B (6.9% of revenue).
Cost / Operating Expenses
Total operating expenses $13.0B
Total
$11.3B
Capital Expenditures
$5.2B
This fiscal year (near-total AI infrastructure buildout)
Free Cash Flow
$1.2B
Trailing twelve months
Figures rounded from the annual SEC filing. Unaudited. For informational purposes only, not investment advice.
About Royal Caribbean Cruises Ltd.
Royal Caribbean Group, formerly known as Royal Caribbean Cruises Ltd., is a cruise holding company headquartered in Miami, Florida, United States and incorporated in Liberia. It is the world's second-largest cruise line operator, after Carnival Corporation & plc. As of September 2025, Royal Caribbean Group fully owns three cruise lines: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. It also holds a 50% stake in TUI Cruises, which operates Mein Schiff and Hapag-Lloyd Cruises, with the Group's global fleet consisting of 70 ships.
Royal Caribbean Cruises Ltd. Market Cap History (2026–2026)
Royal Caribbean Cruises Ltd. vs Sector Peers by Market Cap
Compare Royal Caribbean Cruises Ltd.
Ranking History
| Year | Market Cap | Rank | YoY Change |
|---|---|---|---|
| 2026 | $82.1B | #192(↓2) | +11.4% |
| 2025 | $73.8B | #190(↑21) | +22.3% |
| 2024 | $60.3B | #211(↑73) | +78.6% |
| 2023 | $33.8B | #284(↑45) | +162.0% |
| 2022 | $12.9B | #329(↓10) | -35.7% |
| 2021 | $20.1B | #319(↓8) | +3.0% |
| 2020 | $19.5B | #311(↓108) | -43.2% |
| 2019 | $34.3B | #203(↑14) | +40.0% |
| 2018 | $24.5B | #217(↓23) | -16.3% |
| 2017 | $29.2B | #194(↑22) | +48.4% |
| 2016 | $19.7B | #216(↓41) | -17.3% |
| 2015 | $23.8B | #175(↑23) | +24.7% |
| 2014 | $19.1B | #198(↑39) | +77.3% |
| 2013 | $10.8B | #237(↓7) | +41.7% |
| 2012 | $7.6B | #230(↑13) | +39.4% |
| 2011 | $5.4B | #243(↓52) | -47.1% |
| 2010 | $10.3B | #191(↑38) | +85.9% |
| 2009 | $5.5B | #229(↑10) | +83.9% |
| 2008 | $3.0B | #239(↓46) | -67.0% |
| 2007 | $9.1B | #193(↓7) | +4.1% |
| 2006 | $8.8B | #186(↓32) | -6.8% |
| 2005 | $9.4B | #154(↓37) | -16.3% |
| 2004 | $11.2B | #117(↑20) | +58.6% |
| 2003 | $7.1B | #137(↑37) | +114.1% |
| 2002 | $3.3B | #174(↑15) | +6.0% |
| 2001 | $3.1B | #189(↓42) | -37.3% |
| 2000 | $5.0B | #147(↓70) | -45.5% |
| 1999 | $9.1B | #77(↑1) | +35.0% |
| 1998 | $6.8B | #78(↑15) | +40.3% |
| 1997 | $4.8B | #93(↑23) | +130.9% |
| 1996 | $2.1B | #116(↓8) | +8.5% |
| 1995 | $1.9B | #108(↓42) | -21.3% |
| 1994 | $2.5B | #66 |
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FAQ
What is Royal Caribbean Cruises Ltd.'s market cap?
Royal Caribbean Cruises Ltd. (RCL) has a market capitalization of $82.1B, making it the #192 largest company in the world by market cap.
What was Royal Caribbean Cruises Ltd.'s highest market cap?
Royal Caribbean Cruises Ltd.'s all-time high market cap was $87.6B, reached in 2026-08-05. Its highest rank was #192 in 2026.
What sector is Royal Caribbean Cruises Ltd. in?
Royal Caribbean Cruises Ltd. is in the Consumer Cyclical sector, specifically the Travel Services industry. It is based in United States.
How has Royal Caribbean Cruises Ltd.'s market cap changed over time?
Royal Caribbean Cruises Ltd. has been tracked since 2026. Its market cap has grown by 0% from $82.1B in 2026 to $82.1B today.