Royal Caribbean Group (MEX:RCL) Shares Outstanding (Basic Average): 270 Mil (As of Mar. 2026)


MEX:RCL Royal Caribbean Group MEX:RCL
73 GF Score
Price MXN5,680.00
GF Value MXN4,375.34
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Royal Caribbean Group Shares Outstanding (Basic Average)?

Royal Caribbean Group MEX:RCL +4.60% 73 Shares Outstanding (Basic Average) is 270 Mil as of Mar. 2026. GuruFocus rates MEX:RCL with a GF Score™ of 73/100 and a GF Value™ of MXN4,375.34 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Royal Caribbean Group's average basic shares outstanding for the quarter that ended in Mar. 2026 was 270 Mil.


Royal Caribbean Group  (MEX:RCL) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.


Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Royal Caribbean Group Shares Outstanding (Basic Average) Related Terms


Royal Caribbean Group Shares Outstanding (Basic Average) Historical Data

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The historical data trend for Royal Caribbean Group's Shares Outstanding (Basic Average) 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 Shares Outstanding (Basic Average) Chart

Royal Caribbean Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 252.00 255.00 256.00 261.00 271.00

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
Shares Outstanding (Basic Average) 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 269.00 272.00 272.00 271.00 270.00
MEX:RCL
73GF Score
Royal Caribbean Group MEX:RCL
Shares Outstanding (Basic Average) is just one metric. See GF Score™, valuation, warning signs, and more.
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Royal Caribbean Group Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 270 Mil mean?
Royal Caribbean Group (MEX:RCL) has a Shares Outstanding (Basic Average) of 270 Mil as of Mar. 2026. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Royal Caribbean Group and its competitors.
Is Royal Caribbean Group's Shares Outstanding (Basic Average) too high?
Royal Caribbean Group's current Shares Outstanding (Basic Average) is 270 Mil. 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 Shares Outstanding (Basic Average) compare to ABNB and VIK?
Royal Caribbean Group's Shares Outstanding (Basic Average) of 270 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 Shares Outstanding (Basic Average) for a Travel & Leisure company?
A good Shares Outstanding (Basic Average) depends on the Travel & Leisure industry context. However, Shares Outstanding (Basic Average) 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 Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Royal Caribbean Group and its competitors. Royal Caribbean Group's current Shares Outstanding (Basic Average) is 270 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 (MEX:RCL) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN4,375.34, compared to a current price of MXN5,680.00 — trading 29.8% above its estimated fair value. The current Shares Outstanding (Basic Average) is 270 Mil. 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 Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Royal Caribbean Group (MEX:RCL), the current Shares Outstanding (Basic Average) is 270 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 (MEX:RCL) Overvalued in 2026?

Based on GuruFocus' analysis, Royal Caribbean Group stock appears to be overvalued. The current stock price of MXN5,680.00 is trading 29.8% above its estimated GF Value™ of MXN4,375.34. GuruFocus considers Royal Caribbean Group to be Modestly Overvalued.

Key valuation signals for MEX:RCL:

  • Shares Outstanding (Basic Average): 270 Mil
  • GF Value™: MXN4,375.34 vs. price of MXN5,680.00 (29.8% above fair value)
  • GF Score™: 73/100 with 4 warning signs

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 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.
73GF Score

Get the complete analysis for MEX:RCL

Shares Outstanding (Basic Average) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN5,680.00
Price
MXN4,375.34
GF Value