secwatch / observer

ROYAL CARIBBEAN CRUISES LTD — fact timeline

Source-grounded facts extracted from ROYAL CARIBBEAN CRUISES LTD's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

RCL ROYAL CARIBBEAN CRUISES LTD JSON
Shareholder Votes

ROYAL CARIBBEAN CRUISES LTD shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm at the 2026-05-28 meeting.

“Ratification of the Auditors Number Votes For 233,858,800 Votes Against 8,532,249 Abstentions 78,069”
Shareholder Votes

ROYAL CARIBBEAN CRUISES LTD shareholders approved Advisory approval of the compensation of named executive officers at the 2026-05-28 meeting.

“Advisory Approval of the Company’s Compensation of Its Named Executive Officers Number Votes For 220,079,230 Votes Against 7,193,973 Abstentions 396,691 Broker Non-Votes 14,799,224”
Shareholder Votes

ROYAL CARIBBEAN CRUISES LTD shareholders approved Election of Directors at the 2026-05-28 meeting.

“Election of Directors Director Nominee Votes For Votes Against Abstentions Broker Non-Votes John F. Brock 210,408,538 17,063,904 197,452 14,799,224 Richard D. Fain 223,075,935 4,540,395 53,564 14,799,224 Stephen R. Howe, Jr. 221,073,070 6,500,191 96,633 14,799,224 Michael O. Leavitt 226,540,326 1,067,523 62,045 14,799,224 Jason T. Liberty 220,053,435 7,558,132 58,327 14,799,224 Amy McPherson 222,364,869 5,131,639 173,386 14,799,224 Maritza G. Montiel 226,282,468 1,331,530 55,896 14,799,224 Eyal M. Ofer 213,134,835 14,473,063 61,996 14,799,224 Vagn O. Sørensen 222,345,321 5,266,161 58,412 14,799,224 Donald Thompson 224,755,112 2,853,727 61,055 14,799,224 Christopher Wiernicki 226,616,962 992,366 60,566 14,799,224 Arne Alexander Wilhelmsen 214,296,127 13,318,984 54,783 14,799,224”
Earnings Releases

ROYAL CARIBBEAN CRUISES LTD reported Full Year 2026 results: EPS Adjusted EPS is expected to be in the range of $17.10 to $17.50. Guidance reaffirmed.

“The company now expects Adjusted EPS to be in the range of $17.10 to $17.50.”
Earnings Releases

ROYAL CARIBBEAN CRUISES LTD reported first quarter 2026 results: revenue $4.5 billion, net income $0.9 billion or $3.48 per share, EPS $3.48. Guidance reaffirmed.

“further step to deepen guest engagement and to position us to capture a greater share of the large and growing global vacation market.” First Quarter 2026: • Total revenue was $4.5 billion, an 11% increase year over year. Load factor in the first quarter was 109%. • Gross Margin Yields increased 6.9% as-reported. Net Yields increased 3.6% as-reported and 2.0% in”
Debt Financings

ROYAL CARIBBEAN CRUISES LTD incurred senior notes of $1,250,000,000 aggregate principal amount with The Bank of New York Mellon Trust Company, N.A. at 5.250% per annum maturing February 27, 2038.

“On February 27, 2026, Royal Caribbean Cruises Ltd. (the “Company”) completed its previously announced offering of $1,250,000,000 aggregate principal amount of 4.750% Senior Notes due 2033 (the “2033 Notes”) and $1,250,000,000 aggregate principal amount of the Company’s 5.250% Senior Notes due 2038 (the “2038 Notes” and, together with the 2033 Notes, the “Notes”)”
Debt Financings

ROYAL CARIBBEAN CRUISES LTD incurred senior notes of $1,250,000,000 aggregate principal amount with The Bank of New York Mellon Trust Company, N.A. at 4.750% per annum maturing May 15, 2033.

“On February 27, 2026, Royal Caribbean Cruises Ltd. (the “Company”) completed its previously announced offering of $1,250,000,000 aggregate principal amount of 4.750% Senior Notes due 2033 (the “2033 Notes”) and $1,250,000,000 aggregate principal amount of the Company’s 5.250% Senior Notes due 2038 (the “2038 Notes” and, together with the 2033 Notes, the “Notes”)”
Material Agreements

ROYAL CARIBBEAN CRUISES LTD entered into Fifth Supplemental Indenture dated February 27, 2026 with The Bank of New York Mellon Trust Company, N.A. valued at Supplement to Base Indenture dated July 31, 2006 governing the 4.750% Senior Notes due 2033 and the (effective 2026-02-27).

“The Notes were issued by the Company pursuant to an indenture, dated as of July 31, 2006 (the “Base Indenture”), between the Company and The Bank of New York Mellon Trust Company, N.A. as trustee (the “Trustee”), as supplemented by a Fifth Supplemental Indenture, dated February 27, 2026, between the Company and the Trustee (the “Fifth Supplemental Indenture” and, together with the Base Indenture, the “Indenture”).”
Material Agreements

ROYAL CARIBBEAN CRUISES LTD entered into Underwriting Agreement for 4.750% Senior Notes due 2033 and 5.250% Senior Notes due 2038 with J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and PNC Capital Markets LLC valued at Aggregate principal amount of $2,500,000,000 ($1,250,000,000 4.750% Senior Notes due 2033 and $1,250 (effective 2026-02-27).

“On February 27, 2026, Royal Caribbean Cruises Ltd. (the “Company”) completed its previously announced offering of $1,250,000,000 aggregate principal amount of 4.750% Senior Notes due 2033 (the “2033 Notes”) and $1,250,000,000 aggregate principal amount of the Company’s 5.250% Senior Notes due 2038 (the “2038 Notes” and, together with the 2033 Notes, the “Notes”), pursuant to an underwriting agreement, dated as of February 12, 2026 (the “Underwriting Agreement”), among the Company and J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and PNC Capital Markets LLC, as representatives of the several underwriters named therein.”
Material Agreements

ROYAL CARIBBEAN CRUISES LTD entered into Underwriting Agreement with J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and PNC Capital Markets LLC, as representatives of the several underwriters named in Exhibit A thereto valued at $1,250,000,000 aggregate principal amount of the Company’s 4.750% Senior Notes due 2033 and $1,250,0 (effective 2026-02-12).

“On February 12, 2026 , Royal Caribbean Cruises Ltd. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and PNC Capital Markets LLC, as representatives of the several underwriters named in Exhibit A thereto , relating to the issuance and sale by the Company of $1,250,000,000 aggregate principal amount of the Company’s 4.750% Senior Notes due 2033 and $1,250,000,000 aggregate principal amount of the Company’s 5.250% Senior Notes due 2038 in an underwritten public offering (the “Offering”) made pursuant to a registration statement and related prospectus supplement filed with the Securities and Exchange Commission.”
Debt Financings

ROYAL CARIBBEAN CRUISES LTD incurred senior notes of $1.5 billion aggregate principal amount with BofA Securities, Inc., Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC, as representatives of the several underwriters at 5.375% per annum maturing January 15, 2036.

“On October 1, 2025, Royal Caribbean Cruises Ltd. (the “Company”) completed its previously announced offering of $1.5 billion aggregate principal amount of 5.375% Senior Notes due 2036”
Debt Financings

ROYAL CARIBBEAN CRUISES LTD incurred term loan with BpiFrance Assurance Export at Term SOFR plus 0.85% per annum maturing twelve years thereafter.

“On June 25, 2025, Royal Caribbean Cruises Ltd. (the “Company”) entered into a credit agreement (the “Credit Agreement”) for the financing of the sixth Edge-class ship which is scheduled for delivery in the fourth quarter of 2028.”
Debt Financings

ROYAL CARIBBEAN CRUISES LTD amended revolving credit of resulting in aggregate credit commitments of $6.35 billion.

“On May 14, 2025, Royal Caribbean Cruises Ltd. (the "Company") entered into amendments (collectively, the "Amendments") to the Company's unsecured revolving credit facilities, due October 2026 and October 2028 (collectively, the "Revolving Credit Facilities"). The Amendments, among other things: · increase revolving credit commitments in each Revolving Credit Facility by $1.14 billion, resulting in aggregate credit commitments of $6.35 billion; and · extend the termination date of one of the Revolving Credit Facilities from October 2026 to October 2030 while maintaining the October 2028 termination date for the other Revolving Credit Facility.”
Earnings Releases

ROYAL CARIBBEAN CRUISES LTD reported Second Quarter 2024 results: EPS $2.65 to $2.75. Guidance initiated.

“the company expects second quarter Adjusted EPS to be in the range of $2.65 to $2.75.”
Earnings Releases

ROYAL CARIBBEAN CRUISES LTD reported Full Year 2024 results: EPS $10.70 - $10.90. Guidance raised.

“the company is increasing 2024 adjusted EPS guidance to $10.70 - $10.90 per share.”
Earnings Releases

ROYAL CARIBBEAN CRUISES LTD reported first quarter of 2024 results: revenue $3.7 billion, net income $360 million or $1.35 per share, EPS $1.35 per share. Guidance reaffirmed.

“("NCC"), excluding Fuel, per APCD increased 4.1% in Constant-Currency (4.2% as-reported), which benefited from 325 bps of favorable timing of expenses. • Total revenues were $3.7 billion, Net Income was $360 million or $1.35 per share, Adjusted Net Income was $478 million or $1.77 per share, Adjusted EBITDA was $1.2 billion, and Operating cash flow was $1.3”
Earnings Releases

ROYAL CARIBBEAN CRUISES LTD reported the quarter ended March 31, 2024 results: revenue $3.7 billion, net income $360 million or $1.35 per share, EPS $1.35.

“("NCC"), excluding Fuel, per APCD increased 4.1% in Constant-Currency (4.2% as-reported), which benefited from 325 bps of favorable timing of expenses. • Total revenues were $3.7 billion, Net Income was $360 million or $1.35 per share, Adjusted Net Income was $478 million or $1.77 per share, Adjusted EBITDA was $1.2 billion, and Operating cash flow was $1.3”
Debt Financings

ROYAL CARIBBEAN CRUISES LTD incurred senior notes of $1.25 billion at 6.250% maturing March 15, 2032.

“On March 7, 2024, Royal Caribbean Cruises Ltd. (the “Company”) completed its previously announced offering of $1.25 billion aggregate principal amount of 6.250% Senior Notes due 2032”
Material Agreements

ROYAL CARIBBEAN CRUISES LTD entered into Indenture with The Bank of New York Mellon Trust Company, N.A. valued at $1.25 billion (effective 2024-03-07).

“On March 7, 2024, Royal Caribbean Cruises Ltd. (the “Company”) completed its previously announced offering of $1.25 billion aggregate principal amount of 6.250% Senior Notes due 2032 (the “Notes”).”
Earnings Releases

ROYAL CARIBBEAN CRUISES LTD reported financial results for fourth quarter and full year ended December 31, 2023.

“On February 1, 2024, Royal Caribbean Cruises Ltd. (the “Company”) issued a press release regarding its financial results for the fourth quarter and full year ended December 31, 2023.”
Material Agreements

ROYAL CARIBBEAN CRUISES LTD entered into a credit facility (effective 2023-12-22).

“On December 22, 2023, we entered into a credit agreement for the financing of Celebrity Xcel, the fifth Edge-class ship for Celebrity Cruises”
Earnings Releases

ROYAL CARIBBEAN CRUISES LTD reported third quarter results: revenue $4.2 billion, net income $1.0 billion, EPS $3.65 per share. Guidance raised.

“Net Cruise Costs ("NCC"), excluding Fuel, per APCD increased 10.3% in Constant-Currency (10.1% As-Reported), both compared to the third quarter of 2019. 1 • Total revenues were $4.2 billion, Net Income was $1.0 billion or $3.65 per share, Adjusted Net Income was $1.1 billion or $3.85 per share, Adjusted EBITDA was $1.7 billion. Full Year 2023 Outlook: • Net Yields”
Debt Financings

ROYAL CARIBBEAN CRUISES LTD amended revolving credit of from $2.3 billion to $3.536 billion at reduce pricing maturing October 2026 and October 2028 for $1.575 billion each; remaining $242 million at April 2025 and $145 million at April 2024.

“facilities, each due April 2025 (collectively, the “Revolving Credit Facilities”). The Amendments, among other things: · increase our aggregate revolving credit commitments from $2.3 billion to $3.536 billion; · extend the maturity date or termination date for $1.575 billion of the aggregate commitments to October 2026; · extend the maturity date or termination date”
Material Agreements

ROYAL CARIBBEAN CRUISES LTD amended Amendments (effective 2023-10-04).

“On October 4, 2023, Royal Caribbean Cruises Ltd. (the "Company," "our" and "we") entered into amendments (collectively, the "Amendments") to our unsecured revolving credit facilities, each due April 2025 (collectively, the "Revolving Credit Facilities").”
Earnings Releases

ROYAL CARIBBEAN CRUISES LTD reported Full Year 2023 results: EPS $6.00 – $6.20. Guidance raised.

“As a result of the accelerating demand environment for its vacation experiences, the company is increasing its 2023 Adjusted Earnings per Share guidance by 33% to $6.00 – $6.20.”
Earnings Releases

ROYAL CARIBBEAN CRUISES LTD reported second quarter ended June 30, 2023 results: revenue $3.5 billion, net income $458.8 million, EPS $1.70.

“Total revenues were a record $3.5 billion, Net Income was $458.8 million or $1.70 per share, Adjusted Net Income was $491.7 million or $1.82 per share, Adjusted EBITDA was a record $1.2 billion and Operating Cash Flow was $1.4 billion.”
Shareholder Votes

ROYAL CARIBBEAN CRUISES LTD shareholders approved Ratification of the Auditors at the 2023-06-01 meeting.

“The selection of PricewaterhouseCoopers LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2023 was ratified, having received the affirmative vote of a majority of the votes cast.”
Shareholder Votes

ROYAL CARIBBEAN CRUISES LTD shareholders approved Advisory Vote on the Frequency of Shareholder Votes on Executive Compensation at the 2023-06-01 meeting.

“Consistent with the recommendation of the Board of Directors of the Company as set forth in the Company’s proxy statement for the Annual Meeting and as voted by the shareholders at the Annual Meeting, the Company has adopted a policy to hold an advisory shareholder vote on executive compensation every year.”
Shareholder Votes

ROYAL CARIBBEAN CRUISES LTD shareholders approved Advisory Approval of the Company's Compensation of Its Named Executive Officers at the 2023-06-01 meeting.

“The compensation of our named executive officers was approved on an advisory basis, having received the affirmative vote of a majority of the votes cast.”
Shareholder Votes

ROYAL CARIBBEAN CRUISES LTD shareholders approved Election of Directors at the 2023-06-01 meeting.

“At the Annual Meeting, held June 1, 2023, the Company’s shareholders voted on the following four proposals and cast their votes as described below.”
Earnings Releases

ROYAL CARIBBEAN CRUISES LTD reported quarter ended March 31, 2023 results: revenue $2.9 billion, net income $(47.9) million, EPS $(0.19) per share. Guidance raised.

“Total revenues were $2.9 billion, Net Loss was $(47.9) million or $(0.19) per share, Adjusted Net Loss was $(58.9) million or $(0.23) per share, Adjusted EBITDA was $641.7 million, and Operating Cash Flow was $1.3 billion.”

Lisa Lutoff-Perlo changed role as Vice Chairman, External Affairs at ROYAL CARIBBEAN CRUISES LTD.

“Lisa Lutoff-Perlo will transition from her role as President and Chief Executive Officer of Celebrity Cruises to Vice Chairman, External Affairs for the Royal Caribbean Group, effective as of May 1, 2023”

Rebecca Yeung was appointed as director at ROYAL CARIBBEAN CRUISES LTD.

“On March 15, 2023, the Board of Directors (the “Board”) of Royal Caribbean Cruises Ltd. (the “Company”) appointed Rebecca Yeung as a director of the Company.”
Debt Financings

ROYAL CARIBBEAN CRUISES LTD incurred senior notes of $700.0 million aggregate principal amount with The Bank of New York Mellon Trust Company, N.A. at 7.250% per year maturing January 15, 2030.

“On February 13, 2023, Royal Caribbean Cruises Ltd. (the “Company”) completed its previously announced private offering of $700.0 million aggregate principal amount of 7.250% Senior Notes due 2030 (the “Notes”).”
Material Agreements

ROYAL CARIBBEAN CRUISES LTD entered into Indenture with The Bank of New York Mellon Trust Company, N.A. valued at $700,000,000 7.250% Senior Notes due 2030 (effective 2023-02-13).

“On February 13, 2023, Royal Caribbean Cruises Ltd. (the “Company”) completed its previously announced private offering of $700.0 million aggregate principal amount of 7.250% Senior Notes due 2030 (the “Notes”).”
Earnings Releases

ROYAL CARIBBEAN CRUISES LTD reported the first quarter 2023 results: EPS $(0.65) – $(0.85). Guidance initiated.

“Adjusted Loss per Share is expected to be in the range of $(0.65) – $(0.85).”
Earnings Releases

ROYAL CARIBBEAN CRUISES LTD reported the full year 2023 results: EPS $3.00 to $3.60. Guidance initiated.

“The company expects Adjusted Earnings per Share in the range of $3.00 to $3.60.”
Earnings Releases

ROYAL CARIBBEAN CRUISES LTD reported the full year ended December 31, 2022 results: revenue $8.8 billion, net income $(2.2) billion, EPS $(8.45) per share.

“Total revenues were $8.8 billion, Net Loss was $(2.2) billion or $(8.45) per share, Adjusted Net Loss was $(1.9) billion or $(7.50) per share, and Adjusted EBITDA was $711.6 million.”
Earnings Releases

ROYAL CARIBBEAN CRUISES LTD reported the fourth quarter ended December 31, 2022 results: revenue $2.6 billion, net income $(500.2) million, EPS $(1.96) per share.

“Total revenues were $2.6 billion, Net Loss was $(500.2) million or $(1.96) per share, Adjusted Net Loss was $(284.9) million or $(1.12) per share, and Adjusted EBITDA was $409.3 million.”

William K. Reilly retired as Director at ROYAL CARIBBEAN CRUISES LTD.

“On January 19, 2023, William K. Reilly, who has served as a member of the Board of Directors of Royal Caribbean Cruises Ltd. (the “Board”) since 1998, provided notice of his decision to retire from the Board effective January 26, 2023.”
Material Agreements

ROYAL CARIBBEAN CRUISES LTD amended Amendments valued at $2.3 billion (effective 2023-01-12).

“On January 12, 2023, Royal Caribbean Cruises Ltd. (the “Company,” “our” and “we”) entered into amendments (collectively, the “Amendments”) to our $1.9 billion unsecured revolving credit facility and our $1.1 billion unsecured revolving credit facility each due April 2024 (collectively, the “Revolving Credit Facilities”).”
Earnings Releases

ROYAL CARIBBEAN CRUISES LTD reported third quarter ended September 30, 2022 results: revenue $3.0 billion, net income $33.0 million, EPS $0.13 per share.

“profile." Business Highlights • Load factors in the third quarter were 96% overall, with Caribbean sailings reaching almost 105%. • Total Revenue in the third quarter was $3.0 billion, Net Income was $33.0 million and Adjusted EBITDA was $742.3 million. 1 • Booking volumes in the third quarter accelerated versus the second quarter of 2022 and remained”

Michael O. Leavitt was appointed as director at ROYAL CARIBBEAN CRUISES LTD.

“appointed Michael O. Leavitt as a director of the Company, effective immediately.”

Naftali Holtz was appointed as Chief Financial Officer at ROYAL CARIBBEAN CRUISES LTD.

“The Board has appointed Naftali Holtz to the position of Chief Financial Officer of the Company, effective January 3, 2022.”

Jason T. Liberty was appointed as President and Chief Executive Officer at ROYAL CARIBBEAN CRUISES LTD.

“The Board has appointed Jason T. Liberty to the position of President and Chief Executive Officer of the Company, effective January 3, 2022, and member of the Board, effective November 7, 2021.”

Richard D. Fain changed role as Chief Executive Officer at ROYAL CARIBBEAN CRUISES LTD.

“Richard D. Fain gave notice of his decision to step down, effective on January 3, 2022, from his role as Chief Executive Officer of Royal Caribbean Cruises Ltd. (the “Company”).”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.