Royal Caribbean Group (STU:RC8) EBIT: €4,843 Mil (TTM As of Mar. 2026)


STU:RC8 Royal Caribbean Group STU:RC8
81 GF Score
Price €282.90
GF Value €216.77
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Royal Caribbean Group EBIT?

Royal Caribbean Group STU:RC8 +0.28% 81 EBIT is €4,843 Mil as of Mar. 2026. GuruFocus rates STU:RC8 with a GF Score™ of 81/100 and a GF Value™ of €216.77 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Royal Caribbean Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €1,085 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €4,843 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Royal Caribbean Group's annualized ROC % for the quarter that ended in Mar. 2026 was 9.45%. Royal Caribbean Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.87%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Royal Caribbean Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.09%.


Royal Caribbean Group  (STU:RC8) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Royal Caribbean Group's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=4020.52 * ( 1 - 2.66% )/( (41405.336 + 41410.145)/ 2 )
=3913.574168/41407.7405
=9.45 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=35542.626 - 2544.066 - ( 704.55 - max(0, 10294.97 - 1888.194+704.55))
=41405.336

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=36321.35 - 2575.97 - ( 442.88 - max(0, 9571.225 - 1906.46+442.88))
=41410.145

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Royal Caribbean Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4338.84/( ( (31013.864 + max(-6318.746, 0)) + (31568.175 + max(-6786.79, 0)) )/ 2 )
=4338.84/( ( 31013.864 + 31568.175 )/ 2 )
=4338.84/31291.0195
=13.87 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(270.718 + 225.456 + 687.47) - (2544.066 + 4901.106 + 57.217999999999)
=-6318.746

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(414.335 + 234.415 + 814.83) - (2575.97 + 5664.02 + 10.379999999999)
=-6786.79

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Royal Caribbean Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=4842.897/95147.735
=5.09 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Royal Caribbean Group EBIT Related Terms


Royal Caribbean Group EBIT Historical Data

* Premium members only.

The historical data trend for Royal Caribbean Group's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Royal Caribbean Group EBIT Chart

Royal Caribbean Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,511.68 -747.65 2,853.70 4,329.02 4,581.71

Royal Caribbean Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 925.00 1,251.08 1,556.60 950.50 1,084.71

STU:RC8 vs ABNB, VIK, CCL: EBIT Comparison

For the Travel Services subindustry, Royal Caribbean Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Royal Caribbean Group EV-to-EBIT vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Royal Caribbean Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Royal Caribbean Group's EV-to-EBIT falls into.


STU:RC8
81GF Score
Royal Caribbean Group STU:RC8
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Royal Caribbean Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €4,843 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €4,843 Mil mean?
Royal Caribbean Group (STU:RC8) has a EBIT of €4,843 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Royal Caribbean Group.
Is Royal Caribbean Group's EBIT too high?
Royal Caribbean Group's current EBIT is €4,843 Mil. Overall, Royal Caribbean Group has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Royal Caribbean Group's EBIT compare to ABNB and VIK?
Royal Caribbean Group's EBIT of €4,843 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Travel & Leisure company?
A good EBIT depends on the Travel & Leisure industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Royal Caribbean Group. Royal Caribbean Group's current EBIT is €4,843 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Caribbean Group stock overvalued right now?
Based on GuruFocus' analysis, Royal Caribbean Group (STU:RC8) is currently considered Significantly Overvalued. The stock's GF Value™ is €216.77, compared to a current price of €282.90 — trading 30.5% above its estimated fair value. The current EBIT is €4,843 Mil. Royal Caribbean Group's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Royal Caribbean Group (STU:RC8), the current EBIT is €4,843 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Royal Caribbean Group (STU:RC8) Overvalued in 2026?

Based on GuruFocus' analysis, Royal Caribbean Group stock appears to be overvalued. The current stock price of €282.90 is trading 30.5% above its estimated GF Value™ of €216.77. GuruFocus considers Royal Caribbean Group to be Significantly Overvalued.

Key valuation signals for STU:RC8:

  • EBIT: €4,843 Mil
  • GF Value™: €216.77 vs. price of €282.90 (30.5% above fair value)
  • GF Score™: 81/100 with 4 warning signs

No single metric tells the full story. See the STU:RC8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Royal Caribbean Group Business Description

Address 1050 Caribbean Way, Miami, FL, USA, 33132
Royal Caribbean is the world's second-largest cruise company by revenues, operating 69 ships across five global and partner brands in the cruise vacation industry. Brands the company operates include Royal Caribbean International, Celebrity Cruises, and Silversea. The company also has a 50% investment in a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. The selection of brands in the portfolio allows Royal to compete on the basis of innovation, quality of ships and service, variety of itineraries, choice of destinations, and price. The company completed the divestiture of its Azamara brand in 2021, plans to launch its new Celebrity River Cruise brand in 2027, and is set to operate eight private destination locations by 2028.
81GF Score

Get the complete analysis for STU:RC8

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€282.90
Price
€216.77
GF Value