Royal Caribbean GroupMEX:RCL -0.30%74 Return-on-Tangible-Asset is 9.19% as of Mar. 2026, which is 42% above its 10-year median of 6.49. GuruFocus rates MEX:RCL with a GF Score™ of 74/100 and a GF Value™ of MXN4,340.88 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 857 Travel & Leisure companies, Royal Caribbean Group ranks better than 87.16% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Royal Caribbean Group's annualizedNet Income for the quarter that ended in Mar. 2026 was MXN67,875 Mil. Royal Caribbean Group's average total tangible assets for the quarter that ended in Mar. 2026 was MXN738,727 Mil. Therefore, Royal Caribbean Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.19%.
The historical rank and industry rank for Royal Caribbean Group's Return-on-Tangible-Asset or its related term are showing as below:
MEX:RCL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -19.44 Med: 6.49 Max: 11.45
Current: 11.45
During the past 13 years, Royal Caribbean Group's highest Return-on-Tangible-Asset was 11.45%. The lowest was -19.44%. And the median was 6.49%.
MEX:RCL's Return-on-Tangible-Asset is ranked better than 87.16% of 857
companies
in the Travel & Leisure industry
Industry Median: 2.7
vs MEX:RCL: 11.45
Royal Caribbean Group (MEX:RCL) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Royal Caribbean Group Return-on-Tangible-Asset Related Terms
Royal Caribbean Group Return-on-Tangible-Asset Historical Data
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The historical data trend for Royal Caribbean Group's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset Chart
MEX:RCL vs ABNB, VIK, CCL: Return-on-Tangible-Asset Comparison
For the Travel Services subindustry, Royal Caribbean Group's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Royal Caribbean Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Royal Caribbean Group's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 9.19% mean?
Royal Caribbean Group (MEX:RCL) has a Return-on-Tangible-Asset of 9.19% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Royal Caribbean Group and its competitors. This is 42% above median its historical median of 6.49. According to the industry distribution chart, Royal Caribbean Group ranks #110 out of 857 companies in the Travel & Leisure industry, placing it in the top 12.8%.
Is Royal Caribbean Group's Return-on-Tangible-Asset too high?
Royal Caribbean Group's current Return-on-Tangible-Asset of 9.19% is 42% above median its 10-year median of 6.49. The Travel & Leisure industry median Return-on-Tangible-Asset is 2.70. Royal Caribbean Group's value of 9.19% is 240.4% above this industry median. Based on the distribution chart, Royal Caribbean Group ranks #110 out of 857 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Royal Caribbean Group has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Royal Caribbean Group's Return-on-Tangible-Asset compare to ABNB and VIK?
According to the Travel & Leisure industry distribution chart, Royal Caribbean Group ranks #110 out of 857 companies for Return-on-Tangible-Asset. This places Royal Caribbean Group in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.70. Royal Caribbean Group's value of 9.19% is 240.4% above this benchmark. While the company's 10-year median is 6.49 vs. the industry median of 2.70, Royal Caribbean Group has consistently been above 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 Return-on-Tangible-Asset for a Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.70, based on 857 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Royal Caribbean Group's current Return-on-Tangible-Asset of 9.19% is 240.4% above 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Royal Caribbean Group and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Caribbean Group's current Return-on-Tangible-Asset is 9.19%, which is 42% above median its own 10-year median of 6.49. 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 MXN4,340.88, compared to a current price of MXN5,060.00 — trading 16.6% above its estimated fair value. The current Return-on-Tangible-Asset is 9.19%, which is 42% above median its 10-year median of 6.49 and 240.4% above the Travel & Leisure industry median of 2.70. Royal Caribbean Group's overall GF Score™ is 74/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Royal Caribbean Group (MEX:RCL), the current Return-on-Tangible-Asset is 9.19% 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 MXN5,060.00 is trading 16.6% above its estimated GF Value™ of MXN4,340.88.
GuruFocus considers Royal Caribbean Group to be Modestly Overvalued.
Key valuation signals for MEX:RCL:
Return-on-Tangible-Asset: 9.19% (42% above median its 10-year median of 6.49)
GF Value™: MXN4,340.88 vs. price of MXN5,060.00 (16.6% above fair value)
Industry Position: 240.4% above the Travel & Leisure median (#110 of 857)
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.
74GF Score
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