Highest-materiality recent filing
Royal Caribbean to issue $1.25B of 5.550% Senior Notes due 2034
Agreed to sell $1,250,000,000 aggregate principal amount of 5.550% Senior Notes due 2034 in public offering.
Royal Caribbean Q2 adjusted EPS $4.21 beats guidance; raises FY2026 outlook to $17.73-$17.87
Q2 revenue $4.8B (+6% YoY); net income $1.1B; adjusted EPS $4.21 vs prior guidance.
SEMARNAT head stated on May 19, 2026 that agency will deny initial environmental permit application for Perfect Day Mexico.
Royal Caribbean Q1 EPS $3.60 Adj. beats guidance; FY26 Adj. EPS guided $17.10-$17.50
Q1 total revenue $4.5B (+11% YoY); Net Yields +3.6% as-reported, +2.0% constant currency.
RCL closes $2.5B notes offering: 4.750% due 2033, 5.250% due 2038
Issued $1.25B of 4.750% Senior Notes due 2033 and $1.25B of 5.250% Senior Notes due 2038.
Royal Caribbean prices $2.5B dual-tranche senior notes to refinance 2026 maturities
Issued $1.25B of 4.750% Senior Notes due 2033 and $1.25B of 5.250% Senior Notes due 2038 via underwritten public offering.
Royal Caribbean Reports 2025 EPS of $15.61, Issues 2026 Adjusted EPS Guidance of $17.70-$18.10
Full year 2025 revenues were $17.9 billion, Net Income $4.3 billion, Adjusted EPS $15.64.
Q3 revenue $5.1B, net income $1.6B, adjusted EPS $5.75 vs $5.20 prior year; load factor 112%.
Royal Caribbean issues $1.5B of 5.375% Senior Notes due 2036
Issued $1.5B aggregate principal of 5.375% Senior Notes due 2036; expected close Oct 1, 2025.
Royal Caribbean Q2 Adj EPS $4.38 beats guidance; raises FY 2025 outlook to $15.41-$15.55
Q2 total revenues $4.5B, net income $1.2B; Adjusted EBITDA $1.9B.
Royal Caribbean enters €896.8M debt financing for sixth Edge-class ship (Q4 2028 delivery)
Credit agreement provides up to €896.8M term loan, 100% guaranteed by Bpifrance Assurance Export.
Royal Caribbean names Jason Liberty Chairman, replacing Richard Fain in Q4 2025
Richard Fain steps down as Chair in Q4 2025 but remains a Director.
Royal Caribbean upsizes revolving credit facilities by $2.28B, extends maturity to 2030
Aggregate revolving credit commitments increased by $2.28B to $6.35B, equally split between two facilities.
Royal Caribbean Q1 EPS $2.70 beats guidance; raises FY2025 EPS outlook to $14.55-$15.55
Q1 adjusted EPS $2.71 vs prior year $1.77; total revenues $4.0B; net income $0.7B.
Royal Caribbean completes exchange of $213M convertible notes for 3.3M shares and $214M cash
Holders exchanged ~$213M of 6.000% Convertible Senior Notes due 2025 for 3.3M shares and ~$214M cash (par + accrued interest).
FY2024 revenue $16.5B, Net Income $2.9B, Adj EPS $11.80 (above guidance); Adj EBITDA $6.0B.
Royal Caribbean Q3 adj EPS $5.20 beats guidance; raises FY guide to $11.57-$11.62
Q3 GAAP EPS $4.21, Adj EPS $5.20 (beat guidance); Net Income $1.1B, revenue $4.9B.
Royal Caribbean prices upsized $1.5B senior unsecured notes at 5.625% due 2031 to refinance debt
Upsized from $1.0B to $1.5B; notes priced at 5.625% for $1.5B principal, maturity Sept 30, 2031.
RCL announces $1.0B senior notes offering due 2031 to refinance 7.250% notes due 2030
Offering $1.0B aggregate principal of senior unsecured notes due 2031.
Royal Caribbean completes $827M note exchange; issues 11.4M shares, cuts diluted shares
Exchanged $827M of 6.000% convertible notes due 2025 for ~11.4M shares and $827M cash funded by revolving credit.
Royal Caribbean completes $2B 6.000% notes offering to refinance higher-coupon 2029 notes
Issued $2.0B aggregate principal of 6.000% Senior Notes due 2033; net proceeds ~$1.98B after fees.
Royal Caribbean agrees to exchange $731M of 2025 convertible notes for cash and stock
Entered exchange agreements to convert ~$731M of 6.000% convertible notes due 2025 into cash and common stock.
Upsized offering from $1.5B to $2.0B aggregate principal; notes priced at 6.000% due 2033.
Royal Caribbean announces $1.5B senior unsecured note offering to refinance 2029 notes
Offering $1.5B aggregate principal of senior unsecured notes due 2033 in a private placement.
Q2 Adj. EPS $3.21 (GAAP $3.11), net income $854M, revenue $4.1B; beat driven by strong pricing and onboard revenue.
Royal Caribbean Q1 adjusted EPS $1.77 beats guidance; raises FY 2024 guidance to $10.70-$10.90
Revenue $3.7B; net income $360M; GAAP EPS $1.35, adjusted EPS $1.77 vs. guided $1.55-1.65.
Royal Caribbean completes $1.25B notes offering at 6.250% to refinance 11.625% notes due 2027
Issued $1.25B of 6.250% Senior Notes due 2032; net proceeds ~$1.236B.
Royal Caribbean proposes $1.0B senior notes due 2032 to refinance 11.625% notes due 2027
Offering $1.0 billion aggregate principal amount of senior unsecured notes due 2032 in a private placement.
Royal Caribbean prices $1.25B of 6.25% notes to refinance 11.625% notes due 2027
Upsized private offering of $1.25B senior unsecured notes at 6.25%, due March 15, 2032.
Royal Caribbean raises 2024 adjusted EPS guidance to $9.90-$10.10 on strong demand
Adjusted EPS guidance raised by $0.40 to $9.90–$10.10 for full year 2024.
Royal Caribbean beats 2023 expectations, guides FY2024 adj. EPS $9.50-$9.70 (+40% YoY)
Q4 2023 revenue $3.3B, adj. EPS $1.25 vs. $(1.12) a year ago; full-year rev. $13.9B.
Q3 adjusted EPS $3.85 beats guidance; full-year outlook raised to $6.58-$6.63
Q3 adjusted EPS $3.85 vs guidance; revenue $4.2B, net income $1.0B, load factor 110%.
Royal Caribbean upsizes revolving credit to $3.536B, extends maturities to 2026/2028
Aggregate revolving commitments increased from $2.3B to $3.536B.
Royal Caribbean Q2 adjusted EPS $1.82 beats guidance; raises FY2023 EPS view 33% to $6-$6.20
Q2 adjusted EPS $1.82 vs guidance; net income $458.8M on record revenue $3.5B.
Royal Caribbean beats Q1 guidance, raises 2023 EPS outlook to $4.40-$4.80 on record bookings
Q1 Net Loss $(47.9)M vs. $(1.2)B prior year; adjusted loss $(0.23)/share beat guidance on strong close-in demand.
Lisa Lutoff-Perlo transitions from CEO of Celebrity Cruises to Vice Chairman, External Affairs for Royal Caribbean Group, effective May 1, 2023.
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
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.
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.
appointed Michael O. Leavitt as a director of the Company, effective immediately.
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”).
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.
The Board has appointed Naftali Holtz to the position of Chief Financial Officer of the Company, effective January 3, 2022.
Max materiality 0.95 · Median 0.65 · Most common event debt