Royal Caribbean Cruises (RCL) Shares Outstanding (2009 - 2026)
Royal Caribbean Cruises (RCL) recorded Shares Outstanding of 268 million in Q2 2026, down 1.5% from 272 million a year earlier and down 0.7% from the prior quarter.
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Analysis
Royal Caribbean Cruises (RCL) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, Royal Caribbean Cruises reported Shares Outstanding of 271 million, up 3.8% from FY2024.
- Annual Shares Outstanding has increased for six straight years, with a five-year compound annual growth rate of 4.8% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding came in at 261 million in FY2024 (+2.0%), 256 million in FY2023 (+0.4%), 255.01 million in FY2022 (+1.3%) and 251.81 million in FY2021 (+17.5%).
- The Q2 2026 figure is the lowest quarterly Shares Outstanding since Q4 2024.
- On a year-over-year basis, Shares Outstanding rose in seven of the last eight quarters, with growth averaging 2.7%.
- Peak year-over-year performance for Shares Outstanding in the last five years was growth of 18.9% in Q3 2021, against a decline of 1.5% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 270 million (Q1 2026), 271 million (Q4 2025) and 272 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn | 263.90 Mn |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | 227.00 Mn |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | 268.00 Mn |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | 443.50 Mn |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | 1.38 Bn |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | 154.40 Mn |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | 657.75 Mn |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | 94.30 Mn |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | 307.09 Mn |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn | 138.54 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 268.00 Mn |
| Mar 31, 2026 | 270.00 Mn |
| Dec 31, 2025 | 271.00 Mn |
| Sep 30, 2025 | 272.00 Mn |
| Jun 30, 2025 | 272.00 Mn |
| Mar 31, 2025 | 269.00 Mn |
| Dec 31, 2024 | 261.00 Mn |
| Sep 30, 2024 | 263.00 Mn |
| Jun 30, 2024 | 257.00 Mn |
| Mar 31, 2024 | 257.00 Mn |
| Dec 31, 2023 | 256.00 Mn |
| Sep 30, 2023 | 256.19 Mn |
| Jun 30, 2023 | 255.81 Mn |
| Mar 31, 2023 | 255.47 Mn |
| Dec 31, 2022 | 255.01 Mn |
| Sep 30, 2022 | 255.07 Mn |
| Jun 30, 2022 | 254.96 Mn |
| Mar 31, 2022 | 254.82 Mn |
| Dec 31, 2021 | 251.81 Mn |
| Sep 30, 2021 | 254.71 Mn |
API Access
Royal Caribbean Cruises Shares Outstanding 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=shares-outstanding&ticker=RCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=RCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();