Royal Caribbean Cruises EV/EBIT RCL
Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2011.
- Today, Oct 23, 2026
- 18.8×
- 10-year median
- 18.5×
- Against its 10-year history
- 55th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 7.5× to 78.0×
- Peer median
- 13.1×
Royal Caribbean Cruises' EV/EBIT is 18.8× as of Oct 23, 2026.
That is above its ten-year median of 18.5×, close to the middle of its last ten years.
Over that time it ranged from 7.5× in Mar 2020 to 78.0× in Sep 2020.
The median for 5 travel stocks of a similar size is 13.1×.
EV/EBIT over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 18.8× | 17.1× | 22.8× |
| 2025 | 19.4× | 14.9× | 24.3× |
| 2024 | 18.0× | 13.3× | 19.5× |
| 2023 | 17.4× | 13.5× | 43.7× |
| 2022 | n/m a value too high to mean anything | ||
| 2021 | n/m a value too high to mean anything | ||
| 2020 | 69.4× | 7.5× | 78.0× |
| 2019 | 17.9× | 15.6× | 19.2× |
| 2018 | 16.0× | 15.6× | 20.9× |
| 2017 | 18.9× | 18.8× | 21.5× |
| 2016 | 18.9× | 17.3× | 24.6× |
| 2015 | 26.4× | 24.4× | 29.6× |
| 2014 | 26.3× | 15.6× | 26.3× |
| 2013 | 15.6× | 13.5× | 20.1× |
| 2012 | 18.7× | 14.4× | 19.3× |
| 2011 | 14.5× | 14.1× | 22.8× |
Against its peers
Companies in Travel Services nearest Royal Caribbean Cruises' size, closest first, today.
| Company | EV/EBIT |
|---|---|
| RCLRoyal Caribbean Cruises | 18.8× |
| ABNBAirbnb | 34.1× |
| BKNGBooking | 11.9× |
| CCLCarnival | 13.1× |
| EXPEExpedia | 13.0× |
| ROLRollins | 23.7× |
| Peer median | 13.1× |
Where Royal Caribbean Cruises ranks
What the EV/EBIT tells you
What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.
Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.
More on Royal Caribbean Cruises
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.