---
schema_version: "secwatch.filing_event.v1"
accession: "0000884887-25-000003"
form_type: "8-K"
ticker: "RCL"
cik: "0000884887"
company_name: "ROYAL CARIBBEAN CRUISES LTD"
filed_at: "2025-01-28T23:59:59+00:00"
generated_at: "2026-05-27T08:50:19.925293+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Royal Caribbean reports FY2024 Adj EPS $11.80, beats guidance; FY2025 guidance $14.35-$14.65; launches river cruises

## Summary
- FY2024 revenue $16.5B, Net Income $2.9B, Adj EPS $11.80 (above guidance); Adj EBITDA $6.0B.
- Q4 2024 Adj EPS $1.63 (up 30% YoY), revenue $3.8B; Net Yields grew 7.3% constant currency.
- FY2025 guidance: Adj EPS $14.35-$14.65 (+23% YoY), Net Yields +2.5%-4.5% constant currency; Q1 Adj EPS $2.43-$2.53.
- Record WAVE season bookings; best five booking weeks in company history; booked load factors at higher rates.
- Launches Celebrity River Cruises with initial order of 10 ships; bookings start this year, sail in 2027.

## SEC filing metadata
- accession: 0000884887-25-000003
- form_type: 8-K
- ticker: RCL
- cik: 0000884887
- company_name: ROYAL CARIBBEAN CRUISES LTD
- filed_at: 2025-01-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884887/000088488725000003/0000884887-25-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884887/000088488725000003/rcl-20250128.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000884887-25-000003
- JSON: https://secwatch.observer/filing/0000884887-25-000003.json
- Plain text: https://secwatch.observer/filing/0000884887-25-000003.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.