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
Martha C. Poulter
Senior Vice President, Chief Information Officer
Adam M. Goldstein
Vice Chairman of the Board
Jason T. Liberty
Chief Financial Officer
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
Laura Miller
Chief Human Resource Officer, Senior Vice President
Harri U. Kulovaara
Executive Vice President - Maritime
Henry L. Pujol
Senior Vice President, Chief Accounting Officer
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 fiscal year ended 31 December 2018, Royal Caribbean Cruises Ltd revenues increased 8% to $9.49B. Net income increased 11% to $1.81B. Revenues reflect United States segment increase of 30% to $6.74B. Net income benefited from Other income (expense) - Other increase from $71.4M (expense) to $72.3M (income), Equity investment income increase of 35% to $210.8M (income). Dividend per share increased from $2.16 to $2.60.
Employees: 77,000 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $35,642M as of Dec 31, 2018
Annual revenue (TTM): $9,494M as of Dec 31, 2018
EBITDA (TTM): $2,928M as of Dec 31, 2018
Net annual income (TTM): $1,811M as of Dec 31, 2018
Free cash flow (TTM): -$708.38M as of Dec 31, 2018
Net Debt Last Fiscal Year: $10,170M as of Dec 31, 2018
Shares outstanding: 209,644,507 as of Apr 10, 2019
Index Membership: S&P 500
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization