RCL
NYSE · Consumer Cyclical · Travel Services · US
Research · Oct 14, 2026
[RCL] Royal Caribbean: Q3 2026 earnings test for net yields, Europe and debt
Royal Caribbean grew Q2 2026 revenue 6.5% to $4.83 billion with $4.21 adjusted EPS as debt hit $22.8 billion; Q3 tests whether Caribbean demand offsets Europe to hold yields flat.
Research · Sep 3, 2026
[RCL] Royal Caribbean Thesis 2026: Vacation Volume Record Sets Up Strong Forward Guidance
Royal Caribbean Group FY25 (Dec 31, 2025) at $17.94B revenue (+9%). NI $4.27B; EPS $15.61 (+43%). Record 9.4M vacations. Op margin 27.4% best-ever. Celebrity River Cruises (10 ships by 2031) announced. Buyback resumed $1.16B + dividend resumed $264M. FY26 guide: capacity +6.7%, yield +1.5-3.5%, adj EPS $17.70-$18.10 (+14%), OCF >$7B, $5B strategic investment.
Research · Apr 13, 2026
Hormuz Blockade Oil Crunch: XOM, OXY Win Big While UPS, RCL Face Fuel Cost Pain
Strait of Hormuz blockade as of April 9, 2026, tightens oil supply, favoring XOM, OXY, HAL, and BKR with production/margin tailwinds while pressuring UPS and RCL via fuel costs. OXY tops conviction on valuation and leverage.