Royal Caribbean Cruises (RCL) Price to Earnings (2009 - 2026)
Royal Caribbean Cruises' (RCL) Price to Earnings was 15.64 for Q3 2026, down 27.9% from 21.70 a year earlier and down 19.0% from the prior quarter.
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Analysis
Royal Caribbean Cruises (RCL) Price to Earnings (2009 - 2026) Analysis & Trends
For FY2025, Price to Earnings at Royal Caribbean Cruises was 17.68, down 18.1% from FY2024.
- By year, Price to Earnings came in at 21.58 in FY2024 (+10.2%) and 19.58 in FY2023.
- The Q3 2026 figure ranks as the lowest quarterly Price to Earnings since Q4 2019.
- Year over year, Price to Earnings has now declined in each of the last four quarters, with growth averaging 0.6% over the last eight quarters.
- The high point for year-over-year Price to Earnings in five years was Q2 2025 (growth of 43.8%); the low point was Q3 2024 (a decline of 28.6%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 19.31 (Q2 2026), 16.47 (Q1 2026) and 17.68 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 108.80 Bn | 107.07 Bn | 1.54 Bn |
| 2 | Royal Caribbean Cruises | 90.20 Bn | 87.13 Bn | 2.88 Bn |
| 3 | Hilton Worldwide Holdings | 83.57 Bn | 80.30 Bn | 3.05 Bn |
| 4 | Carnival | 42.04 Bn | 35.23 Bn | - |
| 5 | Viking Holdings | 38.56 Bn | 23.68 Bn | 996.62 Mn |
| 6 | Trip.com | 28.95 Bn | -16.08 Bn | 1.84 Bn |
| 7 | Intercontinental Hotels | 27.80 Bn | 23.77 Bn | - |
| 8 | Hyatt Hotels | 17.37 Bn | 14.79 Bn | 384.00 Mn |
| 9 | H World | 15.40 Bn | 6.81 Bn | 456.00 Mn |
| 10 | U-Haul Holding | 11.08 Bn | 6.73 Bn | 1.75 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.64 |
| Jun 30, 2026 | 19.31 |
| Mar 31, 2026 | 16.47 |
| Dec 31, 2025 | 17.68 |
| Sep 30, 2025 | 21.70 |
| Jun 30, 2025 | 23.61 |
| Mar 31, 2025 | 17.18 |
| Dec 31, 2024 | 21.58 |
| Sep 30, 2024 | 18.33 |
| Jun 30, 2024 | 16.42 |
| Mar 31, 2024 | 16.99 |
| Dec 31, 2023 | 19.58 |
| Sep 30, 2023 | 25.67 |
| Mar 31, 2020 | 36.46 |
| Dec 31, 2019 | 14.85 |
| Sep 30, 2019 | 11.82 |
| Jun 30, 2019 | 13.74 |
| Mar 31, 2019 | 13.05 |
| Dec 31, 2018 | 11.30 |
| Sep 30, 2018 | 15.23 |
API Access
Royal Caribbean Cruises Price to Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-earnings&ticker=RCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "ticker": "RCL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-earnings&ticker=RCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();