Royal Caribbean GroupMEX:RCL +1.15%73 Dividend Payout Ratio is 0.42 as of Mar. 2026, which is 50% above its 10-year median of 0.28. GuruFocus rates MEX:RCL with a GF Score™ of 73/100 and a GF Value™ of MXN4,337.09 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 347 Travel & Leisure companies, Royal Caribbean Group ranks better than 72.05% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Royal Caribbean Group's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.42.
The historical rank and industry rank for Royal Caribbean Group's Dividend Payout Ratio or its related term are showing as below:
MEX:RCL'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.28 Max: 0.31
Current: 0.25
During the past 13 years, the highest Dividend Payout Ratio of Royal Caribbean Group was 0.31. The lowest was 0.08. And the median was 0.28.
MEX:RCL's Dividend Payout Ratio is ranked better than 72.05% of 347
companies
in the Travel & Leisure industry
Industry Median: 0.43
vs MEX:RCL: 0.25
During the past 13 years, the highest Trailing Annual Dividend Yield of Royal Caribbean Group was 12.46%. The lowest was 0.15%. And the median was 1.89%.
During the past 12 months, Royal Caribbean Group's average Dividends Per Share Growth Rate was 150.00% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Royal Caribbean Group was 76.50% per year. The lowest was -28.80% per year. And the median was 13.20% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Royal Caribbean Group (MEX:RCL) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Royal Caribbean Group Dividend Payout Ratio Related Terms
Royal Caribbean Group Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Royal Caribbean Group's Dividend Payout Ratio 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.
MEX:RCL vs ABNB, VIK, CCL: Dividend Payout Ratio Comparison
For the Travel Services subindustry, Royal Caribbean Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Royal Caribbean Group's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Royal Caribbean Group's Dividend Payout Ratio falls into.
Royal Caribbean Group Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Royal Caribbean Group's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (MEX:RCL) has a Dividend Payout Ratio of 0.42 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Royal Caribbean Group and its competitors. This is 50% above median its historical median of 0.28. Over the past decade, Royal Caribbean Group's Dividend Payout Ratio has ranged from 0.08 to 0.31. According to the industry distribution chart, Royal Caribbean Group ranks #97 out of 347 companies in the Travel & Leisure industry, placing it in the top 28%.
Is Royal Caribbean Group's Dividend Payout Ratio too high?
Royal Caribbean Group's current Dividend Payout Ratio of 0.42 is 50% above median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.31. The Travel & Leisure industry median Dividend Payout Ratio is 0.43. Royal Caribbean Group's value of 0.42 is 2.3% below this industry median. Based on the distribution chart, Royal Caribbean Group ranks #97 out of 347 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Royal Caribbean Group has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Royal Caribbean Group's Dividend Payout Ratio compare to ABNB and VIK?
According to the Travel & Leisure industry distribution chart, Royal Caribbean Group ranks #97 out of 347 companies for Dividend Payout Ratio. This puts Royal Caribbean Group in the upper half of its industry. The industry median Dividend Payout Ratio is 0.43. Royal Caribbean Group's value of 0.42 is 2.3% below this benchmark. Historically, Royal Caribbean Group's own Dividend Payout Ratio has ranged from 0.08 to 0.31 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 0.43, Royal Caribbean Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Travel & Leisure company?
The median Dividend Payout Ratio among Travel & Leisure companies is 0.43, based on 347 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Royal Caribbean Group's current Dividend Payout Ratio of 0.42 is 2.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Royal Caribbean Group and its competitors. For the Travel & Leisure industry, the median Dividend Payout Ratio is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Caribbean Group's current Dividend Payout Ratio is 0.42, which is 50% above median its own 10-year median of 0.28. 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 (MEX:RCL) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN4,337.09, compared to a current price of MXN5,430.00 — trading 25.2% above its estimated fair value. The current Dividend Payout Ratio is 0.42, which is 50% above median its 10-year median of 0.28 and 2.3% below the Travel & Leisure industry median of 0.43. Royal Caribbean Group's overall GF Score™ is 73/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Royal Caribbean Group (MEX:RCL), the current Dividend Payout Ratio is 0.42 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 (MEX:RCL) Overvalued in 2026?
Based on GuruFocus' analysis, Royal Caribbean Group stock appears to be overvalued.
The current stock price of MXN5,430.00 is trading 25.2% above its estimated GF Value™ of MXN4,337.09.
GuruFocus considers Royal Caribbean Group to be Modestly Overvalued.
Key valuation signals for MEX:RCL:
Dividend Payout Ratio: 0.42 (50% above median its 10-year median of 0.28)
GF Value™: MXN4,337.09 vs. price of MXN5,430.00 (25.2% above fair value)
Industry Position: 2.3% below the Travel & Leisure median (#97 of 347)
No single metric tells the full story. See the MEX:RCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
73GF Score
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