Sector: Consumer Cyclicals | Industry: Hotels, Motels & Cruise Lines |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1050 Caribbean Way MIAMI FL 33132 |
Tel: | N/A |
Website: | https://www.royalcaribbeangroup.com |
IR: | See website |
Key People | ||
Jason T. Liberty President, Chief Executive Officer, Director | Naftali Holtz Chief Financial Officer | Michael W. Bayley President and Chief Executive Officer of Royal Caribbean International |
Laura Hodges Bethge President of Celebrity Cruises | Lisa Lutoff-Perlo Vice Chair - External Affairs | Harri U. Kulovaara Executive Vice President - Maritime | R. Alexander Lake Senior Vice President, Chief Legal Officer and Secretary |
Business Overview |
Royal Caribbean Cruises Ltd. is a cruise company. The Company owns and operates three global cruise brands: Royal Caribbean International, Celebrity Cruises and Silversea Cruises. It also has interest in TUI Cruises GmbH, which operates the German brands TUI Cruises and Hapag-Lloyd Cruises. The Company's ships offer a selection of worldwide itineraries that call on approximately 1,000 destinations on all seven continents. Royal Caribbean International offers cruises and land destinations that generally feature a casual ambiance, as well as a variety of activities and entertainment venues. Celebrity Cruises offers a range of itineraries to destinations, including Alaska, Asia, Australia, Bermuda, Canada, the Caribbean, Europe, the Galapagos Islands, Hawaii, New Zealand, the Panama Canal and South America, with cruise lengths ranging from three to 18 nights. Silversea Cruises operates 11 ships, with an aggregate capacity of approximately 4,150 berths, including Silver Endeavour brand. |
Financial Overview |
For the six months ended 30 June 2023, Royal Caribbean Cruises Ltd revenues increased 98% to $6.41B. Net income totaled $410.9M vs. loss of $1.69B. Revenues reflect North America segment increase of 94% to $4.33B, Europe segment increase of 59% to $842.6M. Net Income reflects Equity investment (loss) income - Balanc increase from $44.2M (expense) to $42M (income), Interest Income increase from $9.8M to $24.4M (income). |
Employees: | 102,500 as of Dec 31, 2022 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $43,786M as of Jun 30, 2023 |
Annual revenue (TTM): | $12,005M as of Jun 30, 2023 |
EBITDA (TTM): | $2,947M as of Jun 30, 2023 |
Net annual income (TTM): | -$56.39M as of Jun 30, 2023 |
Free cash flow (TTM): | $1,793M as of Jun 30, 2023 |
Net Debt Last Fiscal Year: | $19,673M as of Jun 30, 2023 |
Shares outstanding: | 256,173,359 as of Jul 24, 2023 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |