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Royal Caribbean Cruises Ltd. (RCL)
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Royal Caribbean Cruises Ltd. (RCL) Enterprise Value (EV): $107.29B

The enterprise value (EV) for Royal Caribbean Cruises Ltd. (RCL) is $107.29B as of Thursday, June 25, 2026.

RCL Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$107.29B

RCL Competitors' Enterprise Value (EV)

NAMEMARKET CAPENTERPRISE VALUE (EV)
Royal Caribbean Cruises Ltd. (RCL)$86.08B$107.29B
Airbnb, Inc. (ABNB)vs ›$85.70B$78.70B
MercadoLibre, Inc. (MELI)vs ›$84.14B$109.84B
Hilton Worldwide Holdings Inc. (HLT)vs ›$78.15B$82.49B
Carvana Co. (CVNA)vs ›$74.50B$89.10B
Ross Stores, Inc. (ROST)vs ›$73.33B$60.94B
General Motors Company (GM)vs ›$71.19B$184.10B
Marriott International, Inc. (MAR)vs ›$101.14B$100.02B
NIKE, Inc. (NKE)vs ›$61.83B$93.52B
Sea Limited (SE)vs ›$56.81B$72.86B

Enterprise Value Calculation

Market Cap

$86.08B

+

Total Debt

$22.04B

Cash

$825.00M

=

Enterprise Value

$107.29B

EV-Based Valuation Multiples

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

Royal Caribbean Cruises Ltd. Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Royal Caribbean Cruises Ltd. Enterprise Value (EV) FAQ

What is the enterprise value (EV) for Royal Caribbean Cruises Ltd. (RCL)?
The enterprise value (EV) for RCL stock is $107.29B.

About Royal Caribbean Cruises Ltd.

Royal Caribbean Cruises Ltd. is a prominent global operator within the cruise sector. The company manages several well-known cruise lines, such as Royal Caribbean International, Celebrity Cruises, Azamara, and Silversea Cruises. Through these brands, it offers a wide array of voyages that call upon approximately 1,000 different destinations across the globe. As of February 25, 2022, its expansive fleet comprised 61 vessels. Established in 1968, the company's corporate headquarters are situated in Miami, Florida.

Miami, FL
105,950 employees
Consumer Cyclical / Travel Services
Sector
Consumer Cyclical
Industry
Travel Services
CEO
Jason T. Liberty