Royal Caribbean Cruises Ltd (N:RCL)

Business Focus: Cruise Lines

Sector:  Consumer Cyclicals Industry:  Hotels, Motels & Cruise Lines
See Regulatory Filings on SEC
Company Contact
Address: 1050 Caribbean Way
MIAMI FL 33132-2028
Tel: 1-305-5396216
IR: See website
Key People
Richard D. Fain
Chairman of the Board, Chief Executive Officer
Adam M. Goldstein
Vice Chairman
Jason T. Liberty
Chief Financial Officer, Executive Vice President
Michael W. Bayley
President and Chief Executive Officer of Royal Caribbean International
Lisa Lutoff-Perlo
President and Chief Executive Officer of Celebrity Cruises
Lawrence Pimentel
President and Chief Executive Officer - Azamara Club Cruises
Harri U. Kulovaara
Executive Vice President - Maritime
Henry L. Pujol
Senior Vice President, Chief Accounting Officer
Bradley H. Stein
Senior Vice President, Chief Compliance Officer, General Counsel
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 Azamara Club Cruises (Global Brands). The Company also own joint venture interest in the German brand TUI Cruises, interest in the Spanish brand Pullmantur and interest in the Chinese brand SkySea Cruises (collectively, Partner Brands). Together, its Global Brands and its Partner Brands operate a combined total of 50 ships in the cruise vacation industry with an aggregate capacity of approximately 123,270 berths as of December 31, 2016. As of July 31, 2018, the Company's ships offer a selection of itineraries that call on approximately 540 destinations in 105 countries, covering all seven continents. Royal Caribbean International offers a range of itineraries to the destinations, including Alaska, Asia, Australia, Canada, the Caribbean, the Panama Canal and New Zealand with cruise lengths that range from 2 to 24 nights.
Financial Overview
For the three months ended 31 March 2019, Royal Caribbean Cruises Ltd revenues increased 20% to $2.44B. Net income increased 14% to $249.7M. Revenues reflect Passenger ticket revenues increase of 20% to $1.71B, Onboard and other revenues increase of 21% to $729.8M. Net income was partially offset by Interest rate swaps. - Hedging decrease from $13.2M (income) to $8.5M (expense), Interest Exp-Net of Capitalized Interest increase of 30% to $89.1M
Employees: 77,000 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $34,051M as of Mar 31, 2019
Annual revenue (TTM): $9,906M as of Mar 31, 2019
EBITDA (TTM): $3,025M as of Mar 31, 2019
Net annual income (TTM): $1,842M as of Mar 31, 2019
Free cash flow (TTM): $677.09M as of Mar 31, 2019
Net Debt Last Fiscal Year: $9,723M as of Mar 31, 2019
Shares outstanding: 209,647,874 as of Apr 24, 2019
Index Membership: S&P 500
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization