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Royal Caribbean Q3’25 Earnings Highlights

$RCL (-0,72 %)


🔹 Adj EPS: $5.75 (Est. $5.69) 🟢

🔹 Revenue: $5.14B (Est. $5.17B) 🔴

🔹 Capacity: +2.9% YoY; Guests: 2.5M; UP +7% YoY


FY25 Guide

🔹 Adj EPS: $15.58–$15.63 (Est. $15.69) 🔴; UP ~+32% YoY

🔹 Net Yields: UP +3.5% to +4.0%


Other Metrics

🔹 Adj EBITDA: $2.3B

🔹 Net Income: $1.6B

🔹 Load Factor: 112%; UP +1ppt YoY

🔹 Net Yields: UP +2.8% YoY (as-reported); +2.4% YoY (CC)

🔹 NCC ex-Fuel / APCD: UP +4.8% YoY (as-reported); +4.3% YoY (CC)

🔹 Liquidity: $6.8B


CEO Commentary

🔸 “Strong demand and record guest satisfaction support raised FY25 outlook; confident into 2026 and beyond.”

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