Royal Caribbean Group announces Q3-2025 results

Royal Caribbean Group announces Q3-2025 results

Royal Caribbean Group launched its monetary results for the third quarter of 2025 at present, twenty eighth October.

Per the report, the Group garnered third quarter Earnings per Share (EPS) of $5.74 and an Adjusted EPS of $5.75.ย 

These results had been higher than the corporate’s steering primarily attributable to larger than anticipated close-in demand and decrease prices.ย 

That mentioned, the corporate is elevating its full yr 2025 Adjusted EPS steering to $15.58 to $15.63, representing 32 % year-over-year progress.ย 

This improve is principally pushed by the better-than-expected third quarter efficiency which is greater than offsetting the minimal affect within the fourth quarter from current hostile climate, and the unplanned extension of the short-term closure of one of many firm’s unique locations in Labadee, Haiti.

According to Royal Caribbean Group president and CEO Jason Liberty: “We continue to see strong momentum across our business, powered by accelerated demand, growing loyalty, and guest satisfaction that is at all-time highs. Our commercial flywheel which combines innovative ships, distinctive destinations, and world-class brands continues to drive sustained growth and guests’ trust in our ability to deliver the best vacation experiences responsibly. Looking ahead, while it’s still early in the planning process, our strong booked position gives us confidence for 2026 and beyond. With our proven formula of moderate yield growth, strong cost controls, and disciplined capital allocation, we expect 2026 earnings per share to have a $17 handle, positioning us well to achieve our 2027 Perfecta targets.”

Key touchpoints from Q3-2025

  • Load issue within the third quarter was 112 %;
  • Gross Margin Yields had been up 3.8 % as-reported, whereas web yields had been up 2.8 % as-reported and a couple of.4 % in Constant Currency;
  • Gross Cruise Costs per Available Passenger Cruise Days (APCD) elevated 2.7 % as-reported. Net Cruise Costs (NCC), excluding Fuel, per APCD elevated 4.8 % as-reported and 4.3 % in Constant Currency; and
  • Total revenues had been $5.1 billion with web Income at $1.6 billion or $5.74 per share, Adjusted Net Income was $1.6 billion or $5.75 per share, and Adjusted EBITDA was $2.3 billion.



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