Royal Caribbean Cruises Future Growth
Future criteria checks 3/6
Royal Caribbean Cruises is forecast to grow earnings and revenue by 18.9% and 8.6% per annum respectively. EPS is expected to grow by 18.8% per annum. Return on equity is forecast to be 41.1% in 3 years.
Key information
18.9%
Earnings growth rate
18.8%
EPS growth rate
| Hospitality earnings growth | 26.1% |
| Revenue growth rate | 8.6% |
| Future return on equity | 41.1% |
| Analyst coverage | Good |
| Last updated | 21 Nov 2024 |
Recent future growth updates
Recent updates
Royal Caribbean: Let Your Winners Run - Downgrade To Hold
Nov 19Why We're Not Concerned About Royal Caribbean Cruises Ltd.'s (NYSE:RCL) Share Price
Oct 30
Royal Caribbean: A Double Beat On Earnings Is Relatively Likely (Earnings Preview)
Oct 25Royal Caribbean: Don't Overlook This ROA King
Oct 18Royal Caribbean: Peak Travel Remains Far Off
Sep 30Royal Caribbean: Tailwind From Cruise Demand While Sailing Into Recession Uncertainty
Sep 15Returns Are Gaining Momentum At Royal Caribbean Cruises (NYSE:RCL)
Sep 09Does Royal Caribbean Cruises (NYSE:RCL) Have A Healthy Balance Sheet?
Aug 22Royal Caribbean Cruises: Riding The Waves Higher As Demand Soars
Aug 13Royal Caribbean: Buy More As It Dips, Double Digit Growths Ahead
Jul 27Unpleasant Surprises Could Be In Store For Royal Caribbean Cruises Ltd.'s (NYSE:RCL) Shares
Jun 26Royal Caribbean: Smooth Operator, Shrewd Profiteer
Jun 24Royal Caribbean Cruises: Estimated Earnings Already Priced In
Jun 14Royal Caribbean Cruises (NYSE:RCL) Might Have The Makings Of A Multi-Bagger
Jun 08Royal Caribbean Keeps Delivering - Fade The Rally Before Adding
May 02Is Royal Caribbean Cruises (NYSE:RCL) Using Too Much Debt?
Apr 08Royal Caribbean: Cruising To New Heights - Robust EBITDA Margins Ahead
Feb 16A Look At The Fair Value Of Royal Caribbean Cruises Ltd. (NYSE:RCL)
Jan 17Royal Caribbean: Not Gloomy, Not Bright (Rating Downgrade)
Jan 17Royal Caribbean: Risks Are Growing (Rating Downgrade)
Jan 11Revenues Not Telling The Story For Royal Caribbean Cruises Ltd. (NYSE:RCL)
Jan 02Returns At Royal Caribbean Cruises (NYSE:RCL) Appear To Be Weighed Down
Dec 18Royal Caribbean Cruises: Finally A Buy Here - Improved Upside Through FY2025
Nov 19Royal Caribbean: Cruising Back Pass The Recent Highs
Oct 10Royal Caribbean Cruises (NYSE:RCL) Has A Somewhat Strained Balance Sheet
Oct 09Royal Caribbean: Sailing Far Away From Fundamental Value
Sep 18Capital Allocation Trends At Royal Caribbean Cruises (NYSE:RCL) Aren't Ideal
Sep 18Royal Caribbean: The Rally May Continue
Aug 18Royal Caribbean: Race Day
Jul 28Royal Caribbean: Sailing Far From Its Fundamentals
Jul 12Does Royal Caribbean Cruises (NYSE:RCL) Have A Healthy Balance Sheet?
Jul 10Returns On Capital At Royal Caribbean Cruises (NYSE:RCL) Paint A Concerning Picture
Jun 19Royal Caribbean Stock: Short-Term Upside To Pre-Pandemic Levels
Jun 14An Intrinsic Calculation For Royal Caribbean Cruises Ltd. (NYSE:RCL) Suggests It's 33% Undervalued
May 06Is Royal Caribbean Cruises (NYSE:RCL) Using Too Much Debt?
Apr 10Royal Caribbean: Again Today Leisure Industry's Best Nearby Cap-Gain Prospect
Feb 21Royal Caribbean Cruises launches $700M debt offering
Feb 08Royal Caribbean: Big Opportunity Amid Return To Profitability
Feb 02Royal Caribbean amends, extends 2 credit facilities
Jan 12Are Investors Undervaluing Royal Caribbean Cruises Ltd. (NYSE:RCL) By 28%?
Jan 09Health Check: How Prudently Does Royal Caribbean Cruises (NYSE:RCL) Use Debt?
Dec 19Royal Caribbean signs sustainable shipbuilding agreement with Finland
Dec 14Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 19,811 | 4,529 | 5,109 | 7,318 | 17 |
| 12/31/2025 | 18,019 | 3,920 | 3,279 | 6,323 | 20 |
| 12/31/2024 | 16,475 | 2,750 | 1,794 | 5,064 | 20 |
| 9/30/2024 | 16,055 | 2,602 | -370 | 4,914 | N/A |
| 6/30/2024 | 15,330 | 2,500 | -555 | 4,676 | N/A |
| 3/31/2024 | 14,742 | 2,105 | 608 | 4,495 | N/A |
| 12/31/2023 | 13,900 | 1,697 | 580 | 4,477 | N/A |
| 9/30/2023 | 13,172 | 920 | 2,441 | 3,937 | N/A |
| 6/30/2023 | 12,005 | -56 | 1,793 | 3,233 | N/A |
| 3/31/2023 | 10,667 | -1,037 | 721 | 2,320 | N/A |
| 12/31/2022 | 8,840 | -2,156 | -2,229 | 481 | N/A |
| 9/30/2022 | 7,219 | -3,013 | -3,418 | -300 | N/A |
| 6/30/2022 | 4,683 | -4,470 | -3,920 | -658 | N/A |
| 3/31/2022 | 2,549 | -5,296 | -4,129 | -1,597 | N/A |
| 12/31/2021 | 1,532 | -5,260 | -4,108 | -1,878 | N/A |
| 9/30/2021 | 584 | -5,270 | -4,544 | -2,498 | N/A |
| 6/30/2021 | 93 | -5,193 | -4,812 | -2,952 | N/A |
| 3/31/2021 | 218 | -5,485 | -6,514 | -4,740 | N/A |
| 12/31/2020 | 2,209 | -5,797 | -5,697 | -3,732 | N/A |
| 9/30/2020 | 4,692 | -4,157 | -4,553 | -2,297 | N/A |
| 6/30/2020 | 7,913 | -1,927 | -3,078 | -528 | N/A |
| 3/31/2020 | 10,544 | 185 | -970 | 2,837 | N/A |
| 12/31/2019 | 10,951 | 1,879 | 692 | 3,716 | N/A |
| 9/30/2019 | 10,766 | 1,921 | 346 | 3,839 | N/A |
| 6/30/2019 | 10,375 | 1,849 | 430 | 3,743 | N/A |
| 3/31/2019 | 9,906 | 1,842 | 1,224 | 3,633 | N/A |
| 12/31/2018 | 9,494 | 1,811 | -181 | 3,479 | N/A |
| 9/30/2018 | 9,166 | 1,783 | 481 | 3,167 | N/A |
| 6/30/2018 | 8,939 | 1,726 | N/A | 3,147 | N/A |
| 3/31/2018 | 8,797 | 1,629 | N/A | 3,002 | N/A |
| 12/31/2017 | 8,778 | 1,625 | N/A | 2,875 | N/A |
| 9/30/2017 | 8,683 | 1,598 | N/A | 2,970 | N/A |
| 6/30/2017 | 8,677 | 1,539 | N/A | 2,905 | N/A |
| 3/31/2017 | 8,587 | 1,399 | N/A | 2,835 | N/A |
| 12/31/2016 | 8,496 | 1,283 | N/A | 2,517 | N/A |
| 9/30/2016 | 8,489 | 1,229 | N/A | 2,339 | N/A |
| 6/30/2016 | 8,448 | 765 | N/A | 2,177 | N/A |
| 3/31/2016 | 8,401 | 720 | N/A | 1,998 | N/A |
| 12/31/2015 | 8,299 | 666 | N/A | 1,946 | N/A |
| 9/30/2015 | 8,215 | 569 | N/A | 1,892 | N/A |
| 6/30/2015 | 8,081 | 830 | N/A | 1,903 | N/A |
| 3/31/2015 | 8,002 | 783 | N/A | 1,854 | N/A |
| 12/31/2014 | 8,074 | 764 | N/A | 1,744 | N/A |
| 9/30/2014 | 8,110 | 661 | N/A | 1,642 | N/A |
| 6/30/2014 | 8,033 | 537 | N/A | 1,620 | N/A |
| 3/31/2014 | 7,936 | 424 | N/A | 1,487 | N/A |
| 12/31/2013 | 7,960 | 474 | N/A | 1,412 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RCL's forecast earnings growth (18.9% per year) is above the savings rate (2.6%).
Earnings vs Market: RCL's earnings (18.9% per year) are forecast to grow faster than the US market (15.4% per year).
High Growth Earnings: RCL's earnings are forecast to grow, but not significantly.
Revenue vs Market: RCL's revenue (8.6% per year) is forecast to grow slower than the US market (9% per year).
High Growth Revenue: RCL's revenue (8.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RCL's Return on Equity is forecast to be very high in 3 years time (41.1%).