Royal Caribbean Group

RCL: XNYS (USA)

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Royal Caribbean Earnings: No Crashing Waves for Cruise Firms Yet as Leisure Travelers Stay Afloat

Jaime M Katz

Oct 28, 2025

A third-quarter net yield lift of 2.8% and net cruise cost growth of 4% supported EPS of $5.75 at Royal Caribbean, ahead of its $5.55-$5.65 guidance. The firm maintained its 2025 yield outlook of 3.5%-4% but lifted its net cruise cost decline by 40 basis points to 1%, which offers EPS near $15.60.

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Royal Caribbean Group

Royal Caribbean Earnings: No Crashing Waves for Cruise Firms Yet as Leisure Travelers Stay Afloat

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