RCL (Royal Caribbean Group) ROCE %: 16.58% (As of Mar. 2026)


RCL Royal Caribbean Group RCL
81 GF Score
Price $318.13
GF Value $247.23
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Royal Caribbean Group ROCE %?

Royal Caribbean Group RCL -1.40% 81 ROCE % is 16.58% as of Mar. 2026. GuruFocus rates RCL with a GF Score™ of 81/100 and a GF Value™ of $247.23 (Modestly Overvalued). The stock has 4 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Royal Caribbean Group's annualized ROCE % for the quarter that ended in Mar. 2026 was 16.58%.

Royal Caribbean Group  (NYSE:RCL) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Royal Caribbean Group ROCE % Related Terms

Royal Caribbean Group ROCE % Historical Data

* Premium members only.

The historical data trend for Royal Caribbean Group's ROCE % 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 ROCE % Chart

Royal Caribbean Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.00 -3.16 12.22 17.11 18.89

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
ROCE % 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 14.70 20.94 25.82 15.30 16.58
RCL
81GF Score
Royal Caribbean Group RCL
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Royal Caribbean Group ROCE % Calculation

Royal Caribbean Group's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=5365/( ( (37070 - 9817) + (41619 - 12055) )/ 2 )
=5365/( (27253+29564)/ 2 )
=5365/28408.5
=18.89 %

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

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=5016/( ( (41619 - 12055) + (41990 - 11065) )/ 2 )
=5016/( ( 29564 + 30925 )/ 2 )
=5016/30244.5
=16.58 %

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

* 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 ROCE % →
What does a ROCE % of 16.58% mean?
Royal Caribbean Group (RCL) has a ROCE % of 16.58% as of Mar. 2026.
Is Royal Caribbean Group's ROCE % too high?
Royal Caribbean Group's current ROCE % is 16.58%. The Travel & Leisure industry median ROCE % is 6.08. Royal Caribbean Group's value of 16.58% is 172.9% above this industry median. Overall, Royal Caribbean Group has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Royal Caribbean Group's ROCE % compare to ABNB and VIK?
Royal Caribbean Group's ROCE % of 16.58% can be compared against companies in the Travel & Leisure industry. The industry median ROCE % is 6.08. Royal Caribbean Group's value of 16.58% is 172.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Travel & Leisure company?
The median ROCE % among Travel & Leisure companies is 6.08, based on 838 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Royal Caribbean Group's current ROCE % of 16.58% is 172.9% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Travel & Leisure industry, the median ROCE % is 6.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Caribbean Group's current ROCE % is 16.58%. 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 (RCL) is currently considered Modestly Overvalued. The stock's GF Value™ is $247.23, compared to a current price of $318.13 — trading 28.7% above its estimated fair value. The current ROCE % is 16.58% and 172.9% above the Travel & Leisure industry median of 6.08. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Royal Caribbean Group (RCL), the current ROCE % is 16.58% 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 (RCL) Overvalued in 2026?

Based on GuruFocus' analysis, Royal Caribbean Group stock appears to be overvalued. The current stock price of $318.13 is trading 28.7% above its estimated GF Value™ of $247.23. GuruFocus considers Royal Caribbean Group to be Modestly Overvalued.

Key valuation signals for RCL:

  • ROCE %: 16.58%
  • GF Value™: $247.23 vs. price of $318.13 (28.7% above fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 172.9% above the Travel & Leisure median

No single metric tells the full story. See the RCL 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

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

$318.13
Price
$247.23
GF Value