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Morningstar

Morningstar

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Oct 30, 2026

Royal Caribbean Cruises Ltd.: Royal Caribbean Demand Supported by New Hardware and Destination Expansion

Symbols

RCL

Sector(s)

Consumer Cyclical

Rating

Current Price

307.18

Fair Value

Economic Moat

Stewardship

Summary

Royal Caribbean is the world's second-largest cruise company by revenue, operating 71 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

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Analyst Profile

Jaime M Katz

Senior Equity Analyst

Jaime M. Katz, CFA, is a senior equity analyst for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. She covers home improvement retailers and travel and leisure.Before joining Morningstar in 2011, Katz was an associate for Credit Agricole Corporate and Investment Bank. She also worked in equity research for William Blair for three years and spent three years in asset management at Mesirow Financial.Katz holds a bachelor's degree in economics from the University of Wisconsin and a master's degree in business administration from the University of Chicago Booth School of Business. She also holds the Chartered Financial Analyst® designation. She ranked first in the leisure goods and services industry in The Wall Street Journal's annual “Best on the Street” analysts survey in 2013, the last year the survey was conducted.

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