Royal Caribbean Cruises (RCL) Shares Outstanding (Diluted) (2009 - 2026)
Royal Caribbean Cruises (RCL) reported Weighted Average Shares Outstanding (Diluted) of 268 million for Q3 2026, down 2.2% from 274 million a year earlier and unchanged from the prior quarter.
Powered by 
Analysis
Royal Caribbean Cruises (RCL) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Royal Caribbean Cruises posted Weighted Average Shares Outstanding (Diluted) of 274 million, down 1.8% from FY2024.
- Weighted Average Shares Outstanding (Diluted) has a five-year compound annual growth rate of 5.0% (FY2020 to FY2025).
- By year, Weighted Average Shares Outstanding (Diluted) came in at 279 million in FY2024 (-1.4%), 283 million in FY2023 (+11.0%), 255.01 million in FY2022 (+1.3%) and 251.81 million in FY2021 (+17.5%).
- Five-year quarterly Weighted Average Shares Outstanding (Diluted) spans a low of 251.81 million in Q4 2021 and a high of 283 million in Q4 2023.
- Year over year, Weighted Average Shares Outstanding (Diluted) has now declined in each of the last four quarters, with an average decline of 1.2% over the last eight quarters.
- The high point for year-over-year Weighted Average Shares Outstanding (Diluted) in five years was Q4 2021 (growth of 17.5%); the low point was Q3 2024 (a decline of 6.3%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 268 million (Q2 2026), 271 million (Q1 2026) and 274 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 108.57 Bn | 106.84 Bn | 1.54 Bn | 261.20 Mn |
| 2 | Royal Caribbean Cruises | 87.25 Bn | 84.19 Bn | 2.88 Bn | 268.00 Mn |
| 3 | Hilton Worldwide Holdings | 83.02 Bn | 79.75 Bn | 3.05 Bn | 226.00 Mn |
| 4 | Carnival | 40.37 Bn | 33.56 Bn | - | 1.37 Bn |
| 5 | Viking Holdings | 38.85 Bn | 23.97 Bn | 996.62 Mn | 446.42 Mn |
| 6 | Trip.com | 29.18 Bn | -15.85 Bn | 1.84 Bn | 698.38 Mn |
| 7 | Intercontinental Hotels | 27.60 Bn | 23.56 Bn | - | 155.80 Mn |
| 8 | Hyatt Hotels | 17.33 Bn | 14.74 Bn | 384.00 Mn | 96.35 Mn |
| 9 | H World | 15.68 Bn | 7.08 Bn | 456.00 Mn | 324.75 Mn |
| 10 | U-Haul Holding | 11.03 Bn | 6.68 Bn | 1.75 Bn | 196.08 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 268.00 Mn |
| Jun 30, 2026 | 268.00 Mn |
| Mar 31, 2026 | 271.00 Mn |
| Dec 31, 2025 | 274.00 Mn |
| Sep 30, 2025 | 274.00 Mn |
| Jun 30, 2025 | 275.00 Mn |
| Mar 31, 2025 | 276.00 Mn |
| Dec 31, 2024 | 279.00 Mn |
| Sep 30, 2024 | 264.00 Mn |
| Jun 30, 2024 | 281.00 Mn |
| Mar 31, 2024 | 281.00 Mn |
| Dec 31, 2023 | 283.00 Mn |
| Sep 30, 2023 | 281.88 Mn |
| Jun 30, 2023 | 281.91 Mn |
| Mar 31, 2023 | 255.47 Mn |
| Dec 31, 2022 | 255.01 Mn |
| Sep 30, 2022 | 255.38 Mn |
| Jun 30, 2022 | 254.96 Mn |
| Mar 31, 2022 | 254.82 Mn |
| Dec 31, 2021 | 251.81 Mn |
API Access
Royal Caribbean Cruises Shares Outstanding (Diluted) 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-diluted&ticker=RCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=RCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();