OakChart

Royal Caribbean Group

RCLConsumer Cyclical·Travel Services·USA·Large·NYSE·Nov 11 • 3:13 PM ET

337.88-1.98 (-0.58%)
2026-11-11 21:13 CET
Market cap
90,900.02 USD m
Revenue, TTM
19,134.00 USD m
Net income, TTM
4,551.00 USD m
Free cash flow, TTM
1,510.00 USD m
EPS diluted, TTM
16.89
P/E
20.00
Compare

Price

RCL against its 20, 50 and 200-day averages
2050200beat
250.00300.004.2M8.4MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26RCLclose 337.8820-day 305.1550-day 279.14200-day 288.30337.8852w low

5.2% under the 52-week high of 356.39 on 10 Feb 2026. 52-week low 222.22 on 23 Sep 2026. Last 15 sessions, 24.8% high to low

Volume 0.60× normal · the line is the 50-bar volume average

Profile

RCL
52-week range, 86% of the way up
222.22356.39

Royal Caribbean Group is a cruise company, which engages in the ownership and operation of the following global cruise brands: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. The firm also holds interest in TUI Cruises GmbH, which operates the German brands TUI Cruises and Hapag-Lloyd Cruises. The company was founded by Arne Wilhelmsen in 1968 and is headquartered in Miami, FL.

IndexS&P 500, RUI
Employees108000
IPOApr 28, 1993
Beta1.85
ATR, 14d11.62
Rel volume0.60
Short float4.60%
Insider own6.53%
Inst own80.95%

Snapshot

6 groups

Valuation

IndexS&P 500, RUI
Market Cap90.37B
Enterprise Value112.89B
Income4.55B
Sales19.13B
Book/sh43.79
Cash/sh3.18
Dividend Est.5.52 (1.63%)
Dividend TTM5.50 (1.63%)
Dividend Ex-DateSep 17, 2026
Dividend Gr. 3/5Y- 35.02%
Payout22.39%
Employees108000
IPOApr 28, 1993

Ratios

P/E20.00
Forward P/E16.58
PEG1.19
P/S4.72
P/B7.72
P/C106.19
P/FCF59.85
EV/EBITDA16.08
EV/Sales5.90
Quick Ratio0.19
Current Ratio0.22
Debt/Eq1.98
LT Debt/Eq1.78
Option/ShortYes / Yes

Earnings

EPS (ttm)16.89
EPS next Y20.37
EPS next Q3.59
EPS this Y14.45%
EPS next Y13.83%
EPS next 5Y13.98%
EPS past 3/5Y- -
Sales past 3/5Y26.59% 52.02%
EPS Y/Y TTM12.93%
Sales Y/Y TTM9.73%
EPS Q/Q12.17%
Sales Q/Q8.80%
EarningsOct 27 BMO
EPS/Sales Surpr.2.92% -0.29%

Ownership

Insider Own6.53%
Insider Trans-4.07%
Inst Own80.95%
Inst Trans0.29%
ROA10.72%
ROE41.75%
ROIC13.97%
Gross Margin38.67%
Oper. Margin27.01%
Profit Margin23.78%
SMA2010.72%
SMA5021.04%
SMA20017.20%
Trades-

Technical

Shs Outstand267.47M
Shs Float250.01M
Short Float4.60%
Short Ratio4.87
Short Interest11.51M
52W High356.39 -5.20%
52W Low222.22 52.05%
Volatility3.76% 3.34%
ATR (14)11.62
RSI (14)69.26
Beta1.85
Rel Volume0.60
Avg Volume2.36M
Volume1,249,476

Performance

Perf Week1.42%
Perf Month20.02%
Perf Quarter9.03%
Perf Half Y27.89%
Perf YTD21.14%
Perf Year28.20%
Perf 3Y256.00%
Perf 5Y291.51%
Perf 10Y313.30%
Recom1.53
Target Price358.19
Prev Close339.85
Price337.88
Change %-0.58%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Oct 08, 2026UpgradeJJefferiesHold → Buy$330-2.3%
Sep 28, 2026UpgradeDDeutsche BankHold → Buy$330-2.3%
Sep 28, 2026UpgradeBBofA SecuritiesNeutral → Buy$330-2.3%
Jul 08, 2026InitiatedBBMO Capital MarketsOutperform$370+9.5%
Jun 01, 2026InitiatedLLoop CapitalHold$304-10.0%
Jul 22, 2025InitiatedTTD CowenBuy$405+19.9%
Jul 21, 2025DowngradeTTruistBuy → Hold$337-0.3%
Apr 25, 2025InitiatedNNorthcoastBuy$279-17.4%
Mar 31, 2025InitiatedJJefferiesHold$230-31.9%
Mar 27, 2025InitiatedEExane BNP ParibasOutperform$262-22.5%

Peers

Mkt cap
TickerCompanyMkt cap
CCLCarnival Corp Ltd41.76B
VIKViking Holdings Ltd40.22B
NCLHNorwegian Cruise Line Holdings Ltd8.75B
LINDLindblad Expeditions Holdings Inc2.30B
BKNGBooking Holdings Inc119.68B
EXPEExpedia Group Inc31.22B
HLTHilton Worldwide Holdings Inc84.17B
MARMarriott International Inc110.55B
OSWOneSpaWorld Holdings Limited3.16B
TNLTravel+Leisure Co4.83B

Insider trading

latest 14 of 39
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Wilhelmsen Arne AlexanderDirectorNov 09 '26Sale338.46175,67259,458,32015,877,766Nov 10 05:25 PM
Wilhelmsen Arne AlexanderDirectorNov 10 '26Sale338.98168,53057,128,62215,709,236Nov 10 05:25 PM
Wilhelmsen Arne AlexanderDirectorNov 06 '26Sale326.39132,47243,237,06416,053,438Nov 10 05:25 PM
AWILHELMSEN ASDirectorNov 09 '26Proposed Sale341.00500,000170,500,000Nov 09 04:04 PM
Wilhelmsen Arne AlexanderDirectorNov 04 '26Sale329.29220,00072,443,62316,215,910Nov 06 04:36 PM
Wilhelmsen Arne AlexanderDirectorNov 05 '26Sale323.2330,0009,696,79016,185,910Nov 06 04:36 PM
AWILHELMSEN ASDirectorNov 04 '26Proposed Sale333.00500,000166,500,000Nov 04 04:07 PM
Lake Robert AlexanderSVP, CLO & SecretaryNov 02 '26Sale315.001,000315,00036,449Nov 03 04:30 PM
ROBERT LAKEOFFICERNov 02 '26Proposed Sale314.921,000314,919Nov 02 04:54 PM
Montiel Maritza GomezDirectorOct 30 '26Sale307.21400122,88413,202Oct 30 04:34 PM
Lake Robert AlexanderSVP, CLO & SecretaryOct 28 '26Sale298.431,000298,43037,449Oct 30 04:30 PM
MARITZA MONTIELDirectorOct 30 '26Proposed Sale307.21400122,884Oct 30 04:00 PM
ROBERT LAKEOFFICEROct 28 '26Proposed Sale298.351,000298,345Oct 28 04:57 PM
Bayley Michael WOfficerJul 29 '26Proposed Sale315.9912,8114,048,147Aug 03 10:53 AM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VOOVanguard S&P 500 ETFAUM: 1054.75B
VOVanguard Morningstar Mid-Cap ETFAUM: 107.07B
IVViShares Core S&P 500 ETFAUM: 871.38B
SPYSPDR S&P 500 ETF TrustAUM: 793.23B
CGDVCapital Group Dividend Value ETFAUM: 38.70B
VOTVanguard Morningstar Mid-Cap Growth ETFAUM: 18.66B
XLYState Street Consumer Discretionary Select Sector SPDR ETFAUM: 23.35B
VUGVanguard Morningstar Growth ETFAUM: 217.67B
IWRiShares Russell Mid-Cap ETFAUM: 58.68B

News

latest 14 of 200

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-276.5706.3846.4505,5915,60724
2026Q22026-07-284.2103.9844.2094,8324,81722
2026Q12026-04-303.6003.2363.4724,4524,46421
2025Q42026-01-292.8002.7972.7624,2594,26220
2025Q32025-10-285.7505.6875.7485,1395,16719
2025Q22025-07-294.3804.0874.4004,5384,55218
2025Q12025-04-292.7102.5502.6453,9994,01321
2024Q42025-01-281.6301.4972.0143,7613,76218
2024Q32024-10-295.2005.0354.2084,8864,89217
2024Q22024-07-253.2102.7583.0394,1104,04817
2024Q12024-04-251.7701.3321.2813,7283,69017
2023Q42024-02-011.2501.1440.9933,3313,35815
2023Q32023-10-263.8503.4613.6524,1604,07713
2023Q22023-07-271.8201.5731.7033,5233,40714
2023Q12023-05-04-0.230-0.695-0.1882,8852,82214
2022Q42023-02-07-1.120-1.335-1.9602,6042,60814

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY9.5409.5538.95010,95110,971
2020FY-18.310-18.401-27.0492,2092,209
2021FY-19.190-18.180-20.8911,5321,627
2022FY-7.500-7.742-8.4548,8418,847
2023FY6.7706.6335.99713,90013,926
2024FY11.80011.69410.93916,48416,492
2025FY15.64015.65315.61017,93517,939
2026FY-17.900--19,547
2027FY-20.375--20,982
2028FY-23.162--22,835
2029FY-26.459--24,764
2030FY-31.380--26,840

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-0622134,6694,6264,786
2026Q4S2026-11-0521134,6684,6264,786
2026Q4S2026-10-2821124,6704,6264,786
2026Q4S2026-10-2721124,6714,6264,786
2026Q4S2026-10-2221104,6814,6104,786
2026Q4S2026-10-1921104,6814,6104,786
2026Q4S2026-10-1821004,6794,6064,786
2026Q4S2026-10-1621104,6794,6064,786
2026Q4S2026-10-1421104,6784,6064,786
2026Q4S2026-10-1321204,6784,6064,786
2026Q4S2026-10-1121204,6774,6064,786
2026Q4S2026-10-0921414,6774,6064,786
2026Q4S2026-10-0821414,6784,6064,786
2026Q4S2026-10-0721414,6784,6064,786

Estimate history

EPS, annual7.538.568.95-27.049-20.891-8.4545.99710.93915.63516.8909
Period201720182019202020212022202320242025TTM
EPS, quarterly4.2082.0142.6454.45.7482.7623.4724.2096.448
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual8777.8459493.84910950.6612208.8051532.1338840.5413900164841793519134
Period201720182019202020212022202320242025TTM
Sales, quarterly488637613999453851394259445248325591
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual213.338209.017208.801237.399254.82255.239256.424268.9270.423267.471
Period201720182019202020212022202320242025MRQ
Shares, quarterly268.875268.9271.556271.623272.189270.423268.191267.448267.471
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue19,134.0017,935.0016,484.0013,900.008,840.541,532.132,208.8010,950.669,493.85
Cost of Goods Sold Incl. D&A11,734.0010,767.0010,235.009,216.008,199.303,976.073,994.287,324.546,285.59
Gross Profit7,400.007,168.006,249.004,684.00641.24-2,443.93-1,785.473,626.123,208.26
Selling, General and Administrative Excl. Other2,231.002,215.002,115.001,776.001,571.301,368.241,147.771,545.551,303.14
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income5,169.004,953.004,134.002,908.00-930.07-3,812.18-2,933.242,080.581,905.12
Interest Expense1,027.00998.001,172.001,330.001,352.491,258.30823.98397.37318.56
Unusual Expense67.00-27.00435.00125.00206.98210.041,730.9443.8388.63
Net Income Before Taxes4,665.004,373.002,896.001,704.00-2,155.96-5,260.50-5,775.131,907.601,815.79
Income Taxes82.0082.000.000.000.000.000.000.000.00
Consolidated Net Income4,583.004,291.002,896.001,704.00-2,155.96-5,260.50-5,775.131,907.601,815.79
Net Income From Continuing Operations4,552.004,268.002,878.001,697.00-2,155.96-5,260.50-5,797.461,878.891,811.04
Net Income4,551.004,268.002,877.001,697.00-2,155.96-5,260.50-5,797.461,878.891,811.04
EPS (Recurring)17.1615.5712.036.31-7.89-20.31-21.409.108.85
EPS (Basic, Before Extraordinaries)16.9515.7511.026.63-8.45-20.89-27.058.978.60
EPS (Diluted)16.8915.6310.946.00-8.45-20.89-27.058.958.56
EBITDA7,022.006,649.005,711.004,345.00459.54-2,534.66-1,668.663,312.462,925.97
Non-Operating Income (Expense)591.00391.00369.00251.00333.5720.02-286.98268.22317.86
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense-138.25267.00126.0036.1263.6439.7875.9346.06
Price To Earnings Ratio20.1220.1224.2340.38---14.9211.41
Price To Sales Ratio3.724.263.902.641.4312.647.252.562.18
Gross Margin38.6739.9737.9133.707.25-159.51-80.8333.1133.79
Operating Margin27.0127.6225.0820.92-10.52-248.82-132.8019.0020.07
Net Margin23.7823.8017.4512.21-24.39-343.34-262.4717.1619.08
Shares Outstanding267.47270.42268.90256.42255.24254.82237.40208.80209.02
Market Capitalization90,900.0290,900.0262,026.7733,179.8712,613.6519,593.3516,755.8827,987.8320,437.72

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue5,591.004,832.004,452.004,259.005,139.004,538.003,999.003,761.00
Cost of Goods Sold Incl. D&A3,261.003,066.002,722.002,685.002,906.002,698.002,489.002,451.00
Gross Profit2,330.001,766.001,730.001,574.002,233.001,840.001,510.001,310.00
Selling, General and Administrative Excl. Other510.00513.00579.00629.00521.00505.00560.00669.00
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income1,820.001,253.001,151.00945.001,712.001,335.00950.00641.00
Interest Expense274.00239.00253.00261.00254.00234.00246.00268.00
Unusual Expense26.00-1.0040.002.0011.00-52.0010.00-40.00
Net Income Before Taxes1,762.001,150.00976.00777.001,579.001,214.00736.00559.00
Income Taxes27.0014.0026.0015.000.000.000.000.00
Consolidated Net Income1,735.001,136.00950.00762.001,579.001,214.00736.00559.00
Net Income From Continuing Operations1,728.001,128.00942.00754.001,575.001,209.00730.00553.00
Net Income1,728.001,128.00941.00754.001,575.001,210.00730.00553.00
EPS (Recurring)6.524.213.582.775.784.272.671.91
EPS (Basic, Before Extraordinaries)6.474.213.492.785.794.452.712.06
EPS (Diluted)6.454.213.472.765.754.402.642.01
EBITDA2,305.001,712.001,607.001,398.002,141.001,746.001,356.001,045.00
Non-Operating Income (Expense)242.00136.00118.0095.00133.0062.0042.00146.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Price To Earnings Ratio20.1219.3817.6918.8424.3926.3019.4924.23
Price To Sales Ratio3.724.564.064.255.085.013.383.88
Gross Margin41.6736.5538.8636.9643.4540.5537.7634.83
Operating Margin32.5525.9325.8522.1933.3129.4223.7617.04
Net Margin30.9123.3421.1417.7030.6526.6618.2514.70
Shares Outstanding267.47267.45268.19270.42272.19271.62271.56268.90
Market Capitalization90,900.0285,159.9674,443.9076,065.1187,893.3985,036.3055,289.8662,026.77

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments825.00388.00497.001,935.012,755.953,754.56265.49307.42219.43
Short Term Receivables317.00371.00405.00531.07408.07284.15305.82324.51318.64
Inventories264.00265.00248.00224.02150.22118.70162.11153.57111.39
Other Current Assets805.00681.00642.00514.92286.03154.34429.21456.55258.17
Total Current Assets2,211.001,705.001,792.003,205.013,600.274,311.751,162.631,242.04907.64
Net Property, Plant & Equipment36,316.0032,508.0030,725.0028,084.0026,450.0825,846.5826,154.3623,466.1619,735.18
Total Investments and Advances1,019.00875.00776.00604.11460.02538.40646.00769.90459.60
Long-Term Note Receivable128.00282.00253.00250.89161.98188.7955.5057.8060.10
Intangible Assets1,198.001,212.001,227.001,235.651,243.941,254.331,874.221,880.46288.51
Other Assets747.00488.00358.00396.70342.06325.33427.57281.91909.90
Total Assets41,619.0037,070.0035,131.0033,776.3632,258.3532,465.1930,320.2827,698.2722,360.93
Short Term Debt Incl. Current Port. of LT Debt3,270.001,677.001,785.002,167.472,312.051,473.762,717.742,422.331,188.51
Accounts Payable953.00919.00792.00646.73545.98353.42563.71488.21360.11
Other Current Liabilities7,832.007,221.006,824.005,759.274,427.652,709.934,671.454,201.623,306.25
Total Current Liabilities12,055.009,817.009,401.008,573.467,285.684,537.127,952.907,112.164,854.87
Long Term Debt18,765.0019,143.0020,345.0021,826.4919,381.9418,521.839,015.758,355.376,350.94
Provision for Risks Charges0.000.000.000.000.000.000.000.000.00
Other Liabilities554.00375.00486.00507.60505.18645.57617.81583.25452.81
Total Liabilities31,374.0029,335.0030,232.0030,907.5527,172.8023,704.5217,586.4616,050.7911,658.62
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity10,037.007,563.004,724.002,868.815,085.568,760.6712,163.8511,105.4610,702.30
Total Shareholders Equity10,037.007,563.004,724.002,868.815,085.568,760.6712,163.8511,105.4610,702.30
Accumulated Minority Interest208.00172.00175.000.000.000.00569.98542.020.00
Total Equity10,245.007,735.004,899.002,868.815,085.568,760.6712,733.8311,647.4810,702.30
Total Liabilities & Stockholders Equity41,619.0037,070.0035,131.0033,776.3632,258.3532,465.1930,320.2827,698.2722,360.93
Book Value Per Share37.1228.1318.4211.2419.9636.9058.2653.1350.17
Tangible Book Value Per Share32.6923.6213.646.4015.0831.6249.2844.1448.81
Full-Time Employees108,000106,00098,200102,50085,00085,00085,40077,00066,000
Price to Book Ratio7.768.807.503.943.852.022.291.842.45
Return on Assets10.857.974.93-6.53-16.26-18.476.487.247.28
Return on Equity48.5046.8544.70-54.21-75.98-55.4116.1516.6116.40
Return on Invested Capital14.8210.786.77-8.73-21.50-21.258.879.319.53
Quick Ratio0.160.150.160.350.470.920.130.150.16
Current Ratio0.180.170.190.370.490.950.150.170.19

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income4,583.004,291.002,896.001,704.00-2,155.96-5,260.50-5,775.131,907.601,815.79
Depreciation1,868.001,718.001,600.001,455.001,406.691,292.881,279.251,245.941,033.70
Other Funds (Non Cash)166.0089.00645.00137.00336.55666.932,092.2281.68179.71
Funds from Operations6,615.006,116.005,141.003,288.00-434.30-3,343.67-2,412.453,242.963,026.52
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital282.00349.00124.001,189.00916.161,465.86-1,319.21473.40452.62
Cash from Operating Activities6,897.006,465.005,265.004,477.00481.86-1,877.82-3,731.653,716.373,479.14
Capital Expenditures-5,387.00-5,229.00-3,268.00-3,897.00-2,710.06-2,229.70-1,965.13-3,024.66-3,660.03
Net Assets From Acquisitions0.000.000.000.000.000.000.000.00-916.13
Sale of Fixed Assets and Businesses0.000.000.00222.000.42176.0427.800.000.00
Purchase or Sale of Investments-61.0020.00-49.009.0018.65-38.89-79.527.30110.28
Purchase of Investments-61.00-106.00-67.00-31.000.00-70.23-100.61-25.57-27.17
Sale Or Maturity of Investments0.00126.0018.0040.0018.6531.3321.0932.87137.45
Other Uses-18.00-3.00-143.00-83.00-349.32-96.67-177.58-81.67-99.81
Other Sources155.00200.0014.0035.0052.5544.4915.877.6276.53
Cash from Investing Activities-5,311.00-5,012.00-3,446.00-3,714.00-2,987.77-2,144.74-2,178.57-3,091.41-4,489.16
Cash Dividends Paid-1,347.00-824.00-107.000.000.000.00-326.42-602.67-527.49
Change in Capital Stock-1,539.00-1,159.000.000.000.001,621.861,431.38-97.84-570.77
Repurchase of Common Pref Stock-1,539.00-1,159.000.000.000.000.000.00-99.58-575.04
Sale of Common Pref Stock0.000.000.000.000.001,621.861,431.381.744.26
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net1,899.001,017.00-1,758.00-2,199.001,757.341,419.168,255.5242.402,310.11
Change in Long Term Debt1,899.001,017.00-1,758.00-2,199.001,757.341,833.739,327.34-585.031,545.27
Issuance of Long Term Debt8,594.004,553.0010,185.007,447.009,535.284,266.0913,172.473,475.228,508.78
Reduction of Long Term Debt-6,695.00-3,536.00-11,943.00-9,646.00-7,777.94-2,432.36-3,845.13-4,060.24-6,963.51
Net Financing Active Other Cash Flow-174.00-52.00-57.00-3.00-16.37-0.44-10.69-12.26-13.76
Other Financing Activities Uses-193.00-52.00-57.00-3.00-16.37-0.44-10.69-12.26-13.76
Cash from Financing Activities-1,161.00-1,018.00-1,922.00-2,202.001,740.973,040.589,349.79-670.371,198.07
Exchange Rate Effect-6.002.00-6.001.00-1.83-0.731.171.30-20.31
Net Change in Cash419.00437.00-109.00-1,438.00-766.76-982.703,440.74-44.11167.74
Free Cash Flow1,510.001,236.001,997.00580.00-2,228.21-4,107.52-5,696.78691.70-180.89
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow437.12185.5034.0563.18---314.82-
Deferred Taxes & Investment Tax Credit-18.000.00-8.00-21.58-42.98-8.797.75-2.68

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments851.00875.00512.00825.00432.00735.00
Short Term Receivables409.00441.00479.00317.00356.00431.00
Inventories304.00267.00271.00264.00269.00247.00
Other Current Assets910.00532.00942.00805.00830.001,037.00
Total Current Assets2,474.002,115.002,204.002,211.001,887.002,450.00
Net Property, Plant & Equipment39,048.0038,869.0036,495.0036,316.0035,248.0033,007.00
Total Investments and Advances1,129.001,170.001,203.001,019.00921.001,038.00
Intangible Assets808.00808.00808.001,198.00808.00808.00
Other Assets931.001,287.001,113.00747.001,127.00968.00
Total Assets44,813.0044,644.0041,990.0041,619.0040,109.0038,542.00
Short Term Debt Incl. Current Port. of LT Debt2,310.001,644.001,527.003,270.003,159.001,486.00
Accounts Payable979.001,093.001,010.00953.00828.00959.00
Other Current Liabilities8,124.008,918.008,528.007,832.007,482.008,128.00
Total Current Liabilities11,413.0011,655.0011,065.0012,055.0011,469.0010,573.00
Long Term Debt20,860.0021,874.0020,265.0018,765.0017,816.0018,251.00
Provision for Risks Charges0.000.000.000.000.000.00
Other Liabilities627.00654.00632.00554.00536.00358.00
Total Liabilities32,900.0034,183.0031,962.0031,374.0029,821.0029,182.00
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity11,713.0010,236.009,810.0010,037.0010,092.009,169.00
Total Shareholders Equity11,713.0010,236.009,810.0010,037.0010,092.009,169.00
Accumulated Minority Interest200.00225.00218.00208.00196.00191.00
Total Equity11,913.0010,461.0010,028.0010,245.0010,288.009,360.00
Total Liabilities & Stockholders Equity44,813.0044,644.0041,990.0041,619.0040,109.0038,542.00
Book Value Per Share43.7938.2736.5837.1237.0833.76
Tangible Book Value Per Share40.7735.2533.5732.6934.1130.78
Full-Time Employees---108,000--
Price to Book Ratio7.768.687.417.529.5910.68
Return on Assets10.7210.5811.2810.8510.549.54
Return on Equity41.7545.3450.4248.5047.4647.48
Return on Invested Capital5.313.513.132.625.644.41
Quick Ratio0.190.160.170.160.140.21
Current Ratio0.220.180.200.180.160.23

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income1,735.001,136.00950.00762.001,579.001,214.00
Depreciation490.00464.00461.00453.00436.00417.00
Other Funds (Non Cash)201.00-76.0075.00-34.00186.00-99.00
Funds from Operations2,423.001,523.001,485.001,184.002,212.001,537.00
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-843.00337.00349.00439.00-743.00209.00
Cash from Operating Activities1,580.001,860.001,834.001,623.001,469.001,746.00
Capital Expenditures-643.00-2,737.00-500.00-1,507.00-2,458.00-836.00
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.00
Purchase or Sale of Investments-6.00-5.00-38.00-12.0024.0030.00
Purchase of Investments-6.00-5.00-38.00-12.00-17.00-51.00
Sale Or Maturity of Investments0.000.000.000.0041.0081.00
Other Uses4.00-23.00-8.009.00-1.00-9.00
Other Sources15.0092.0017.0031.0048.00109.00
Cash from Investing Activities-630.00-2,673.00-529.00-1,479.00-2,387.00-706.00
Cash Dividends Paid-401.00-404.00-270.00-272.00-204.00-200.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock0.00-199.00-836.00-504.00-414.000.00
Repurchase of Common Pref Stock0.00-199.00-836.00-504.00-414.000.00
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-553.001,718.00-298.001,032.001,230.00-499.00
Change in Long Term Debt-553.001,718.00-298.001,032.001,230.00-499.00
Issuance of Long Term Debt1,490.002,827.002,786.001,491.002,360.00225.00
Reduction of Long Term Debt-2,043.00-1,109.00-3,084.00-459.00-1,130.00-724.00
Net Financing Active Other Cash Flow-20.0061.00-213.00-2.003.003.00
Other Financing Activities Uses0.0022.00-213.00-2.003.003.00
Cash from Financing Activities-974.001,176.00-1,617.00254.00615.00-696.00
Exchange Rate Effect0.000.00-1.00-5.000.005.00
Net Change in Cash-24.00363.00-313.00393.00-303.00349.00
Free Cash Flow937.00-877.001,334.00116.00-989.00910.00
Price to Free Cash Flow437.12-175.47184.8264.4327.49

Revenue breakdown

Consolidation, Policy2024: -1.00M 2025: 1.00M
Passenger2024: 11.50B 2025: 12.52B
Product and Service, Other2024: 4.99B 2025: 5.42B
United States2024: 16.48B 2025: 17.94B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-304.60%11.5M250.0M2.30M
2026-10-154.87%12.2M250.0M2.38M
2026-09-304.53%11.3M250.0M2.39M
2026-09-154.07%10.2M250.0M2.17M
2026-08-314.38%11.0M250.7M2.25M
2026-08-144.48%10.7M239.0M2.59M
2026-07-314.67%11.7M250.7M2.75M
2026-07-155.22%13.1M250.7M2.82M
2026-06-305.07%12.7M250.7M2.82M
2026-06-155.09%12.8M250.6M2.72M
2026-05-295.37%13.5M250.7M2.83M
2026-05-154.94%12.4M250.9M2.61M
2026-04-304.89%12.3M251.1M2.54M
2026-04-154.97%12.6M252.4M2.55M
2026-03-314.88%12.3M252.4M2.54M
2026-03-134.81%12.1M252.4M2.45M
2026-02-274.68%11.8M252.4M2.31M
2026-02-134.65%11.7M251.7M2.38M
2026-01-304.71%11.9M253.5M2.40M
2026-01-154.32%11.0M253.5M2.33M

Option chain

expiry 2026-11-13
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call155181.7184.9182.36.3901.004.000.992-0.6910.005
call160176.7179.5177.35.9362.0010.000.992-0.6880.006
call165171.7174.4172.35.5662.008.000.992-0.6060.005
call170166.3169.9167.855.7161.0022.000.991-0.6830.006
call175161.7164.9162.855.5562.0031.000.991-0.6800.006
call180156.7159.9157.75.2981.0013.000.990-0.6770.006
call185151.3154.4152.74.7971.0010.000.990-0.6730.007
call190146.3149.4146.94.6113.009.000.989-0.6700.007
call195141.7144.5141.84.4902.002.000.989-0.6660.007
call200136.7139.8136.84.4751.002.000.989-0.6620.007
call205131.3134.8132.554.2941.000.000.988-0.6580.008
call210126.8129.90.004.1660.000.000.987-0.6540.008
call215121.61250.004.0750.000.000.987-0.6500.008
call220116.5119.4117.13.5825.000.000.986-0.6450.008
call225111.8114.5112.033.4951.002.000.986-0.6390.009
call227.5109112.1109.533.4391.002.000.985-0.6380.009
call230106.8109.40.003.2660.000.000.985-0.6350.009
call232.5104107.40.003.4080.000.000.985-0.6330.009
call235101.41050.003.3530.000.000.986-0.5590.009
call237.599.30102.497.403.2481.000.000.984-0.6270.010
call24096.5099.900.003.2390.000.000.984-0.6240.010
call242.593.9097.400.003.0770.000.000.985-0.5520.009
call24591.3094.4042.352.8121.000.000.983-0.6180.010
call247.589.3092.4058.532.9351.000.000.982-0.6150.011
call25086.4089.900.002.8460.000.000.984-0.5440.010
call252.583.8087.400.002.7820.000.000.981-0.6090.011
call25581.5085.000.002.7410.000.000.981-0.6050.011
call257.579.4082.4084.302.6601.000.000.980-0.6020.012
call26076.9079.9067.702.5854.000.000.980-0.5980.012
call262.573.9077.400.002.4830.000.000.979-0.5940.012
call26571.9074.9053.952.43516.000.000.978-0.5900.013
call267.569.4072.400.002.3350.000.000.978-0.5860.013
call27066.9069.9067.002.2888.001.000.977-0.5820.013
call272.564.4067.4065.252.1891.000.000.976-0.5780.014
call27561.9064.9062.752.11750.000.000.975-0.5730.014
call277.559.4062.400.002.0450.000.000.975-0.5680.014
call28056.9059.5057.661.8875.000.000.974-0.5630.015
call282.554.4057.400.001.9240.000.000.973-0.5580.015
call28551.9054.9055.581.8528.001.000.971-0.5530.016
call287.549.3052.4038.901.7802.000.000.970-0.5470.016
call29046.9049.9049.801.7081670.000.969-0.5420.017
call292.544.3047.0047.801.51419.000.000.968-0.5350.017
call29541.9045.0028.481.5692480.000.966-0.5290.018
call297.539.4042.409.101.4931.000.000.965-0.5220.019
call30036.6039.8038.531.38145.006.000.963-0.5150.020
call302.534.4037.4025.601.3321.000.000.961-0.5070.021
call30532.0034.7033.101.21833.000.000.958-0.5080.022
call307.529.4032.2033.431.14814.001.000.953-0.5300.024
call31027.1029.9028.011.11751.003.000.946-0.5590.027
call312.524.3027.5026.111.06318.000.000.938-0.5870.030
call31522.0025.0027.250.98949.000.000.910-0.7990.039
call317.519.7022.3021.680.88054.000.000.902-0.7840.042
call32017.3020.1021.000.85558.000.000.887-0.8150.046
call322.514.9017.9017.700.8327.000.000.866-0.8580.052
call32512.8015.6015.000.7911080.000.830-0.9750.061
call327.510.6012.5013.940.5991130.000.795-1.0280.069
call3309.2010.209.500.54116613.000.751-1.0670.077
call332.57.208.406.280.53427.000.000.670-1.3090.088
call3355.606.606.200.50868.0056.000.605-1.3060.093
call337.54.105.404.500.52728.0033.000.526-1.4210.097
call3402.853.803.200.48366.0022.000.444-1.2680.096
call342.51.802.502.500.44744.0024.000.351-1.0890.090
call3451.302.201.700.50191.0084.000.285-1.0630.082
call347.51.001.601.300.50416538.000.250-1.1350.077
call3500.501.350.920.53928917.000.206-1.0610.069
call352.50.050.951.520.53849.000.000.167-0.9590.061
call3550.150.950.610.59912674.000.144-0.9220.055
call357.50.001.802.850.65813.000.000.130-0.9310.051
call3600.000.650.080.64510455.000.102-0.7790.043
call362.50.001.951.420.6985.000.000.092-0.7710.040
call3650.002.150.200.7489.000.000.089-0.8040.039
call367.50.002.150.620.7982.000.000.082-0.7990.037
call3700.002.150.450.8471.000.000.075-0.7800.034
call372.50.002.150.150.89560.000.000.070-0.7730.032
call3750.002.150.000.9190.000.000.067-0.7620.032
call3800.002.150.001.0060.000.000.062-0.7840.030
call3850.002.150.001.1110.000.000.058-0.8280.028
call3900.002.150.001.1990.000.000.054-0.8490.027
call3950.002.150.001.2830.000.000.051-0.8690.026
call4000.002.150.001.3480.000.000.049-0.8700.025
put1550.002.150.004.8660.000.00-0.008-0.6890.005
put1600.002.150.004.6760.000.00-0.008-0.6840.006
put1650.002.150.004.5630.000.00-0.010-0.7510.006
put1700.002.150.004.3840.000.00-0.010-0.7440.006
put1750.002.150.004.1260.000.00-0.009-0.6630.006
put1800.002.150.004.0370.000.00-0.011-0.7300.007
put1850.002.150.003.9110.000.00-0.011-0.7390.007
put1900.002.150.503.6781.000.00-0.011-0.6600.007
put1950.002.150.603.6001.000.00-0.012-0.7280.008
put2000.002.100.003.3260.000.00-0.010-0.5800.007
put2050.002.150.923.18510.000.00-0.011-0.5760.007
put2100.002.151.403.1129.000.00-0.012-0.6460.008
put2150.002.152.813.0139.000.00-0.014-0.7010.009
put2200.002.151.492.87710.000.00-0.015-0.6950.009
put2250.002.150.052.70933.000.00-0.014-0.6310.009
put227.50.002.150.002.6700.000.00-0.016-0.6820.010
put2300.002.151.052.58014.000.00-0.015-0.6250.009
put232.50.002.150.002.3770.000.00-0.012-0.4650.008
put2350.002.151.152.4522.000.00-0.016-0.6190.009
put237.50.002.150.002.4770.000.00-0.021-0.7830.012
put2400.002.150.772.3282590.00-0.016-0.6130.010
put242.50.002.150.822.2662.000.00-0.017-0.6090.010
put2450.002.150.482.20517.000.00-0.017-0.6060.010
put247.50.002.150.002.1400.000.00-0.018-0.6010.011
put2500.002.150.052.0841350.00-0.018-0.5990.011
put252.50.002.151.222.0246.000.00-0.019-0.5960.011
put2550.002.150.651.96522.000.00-0.019-0.5920.011
put257.50.002.150.301.9066.000.00-0.020-0.5880.012
put2600.002.150.401.88333.000.00-0.022-0.6440.013
put262.50.002.150.001.8770.000.00-0.027-0.7430.015
put2650.000.501.801.78142.000.00-0.027-0.6850.016
put267.50.001.900.051.6342.002.00-0.020-0.5070.012
put2700.002.150.251.64915.000.00-0.025-0.6250.014
put272.50.002.150.301.5924.000.00-0.026-0.6190.015
put2750.002.150.161.49420.000.00-0.025-0.5540.014
put277.50.002.150.151.44323.000.00-0.025-0.5500.014
put2800.000.500.061.35733.001.00-0.024-0.4860.013
put282.50.002.150.001.3360.000.00-0.027-0.5420.015
put2850.001.950.051.24873.000.00-0.025-0.4770.014
put287.50.002.153.401.2163.000.00-0.030-0.5270.016
put2900.002.151.351.1698.000.00-0.031-0.5240.017
put292.50.002.151.501.1151.000.00-0.032-0.5180.017
put2950.001.150.151.03210.000.00-0.030-0.4550.017
put297.50.001.750.150.97943.000.00-0.032-0.4480.017
put3000.002.150.200.95112.000.00-0.037-0.4970.020
put302.50.000.700.150.8726.002.00-0.035-0.4350.019
put3050.000.750.150.81819.004.00-0.038-0.4360.020
put307.50.002.000.330.7854.000.00-0.048-0.5130.024
put3100.000.800.190.73234.007.00-0.054-0.5400.027
put312.50.050.301.050.67552.000.00-0.063-0.5740.030
put3150.000.950.250.6581053.00-0.078-0.6680.035
put317.50.000.650.250.64226.002.00-0.098-0.7640.042
put3200.250.450.500.54146.0048.00-0.101-0.6990.043
put322.50.350.600.450.52011542.00-0.131-0.8230.052
put3250.600.800.650.49834.0077.00-0.165-0.9260.060
put327.50.851.401.050.52310240.00-0.208-1.0210.070
put3301.351.751.650.4961728.00-0.249-1.0450.077
put332.51.953.002.200.56837.0041.00-0.330-1.2870.088
put3352.753.702.650.53067.0038.00-0.395-1.2840.093
put337.53.705.203.800.56919.0024.00-0.474-1.3980.097
put3404.905.905.000.50542.0056.00-0.556-1.2450.096
put342.56.507.006.500.45843.0020.00-0.649-1.0670.090
put3458.209.308.000.45391.00272-0.715-1.0400.082
put347.59.1012.000.000.6240.000.00-0.753-1.1000.077
put35011.2014.000.000.6460.000.00-0.794-1.0380.069
put352.513.2016.5035.660.7191.000.00-0.832-0.9340.061
put35515.7018.500.000.7070.000.00-0.857-0.8930.055
put357.518.0020.900.000.7600.000.00-0.869-0.9110.052
put36020.4023.400.000.8020.000.00-0.900-0.7410.043
put362.522.9025.800.000.8550.000.00-0.908-0.7460.040
put36525.3028.800.001.0050.000.00-0.912-0.7760.039
put367.527.8031.500.001.1000.000.00-0.918-0.7730.037
put37030.3033.800.001.1220.000.00-0.925-0.7540.034
put372.532.6036.500.001.2160.000.00-0.930-0.7470.032
put37535.2038.300.001.1300.000.00-0.933-0.7610.031
put38040.2044.000.001.3810.000.00-0.938-0.7860.030
put38545.1049.000.001.4870.000.00-0.942-0.8090.028
put39050.1053.800.001.5450.000.00-0.946-0.8300.027
put39555.1059.000.001.6880.000.00-0.949-0.8490.025
put40060.1064.0060.091.7840.000.00-0.951-0.8660.024

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-104Statement of changes in beneficial ownership of securities2026-11-06SEC
2026-11-09144Filing for proposed sale of securities under Rule 144.SEC
2026-11-064Statement of changes in beneficial ownership of securities2026-11-04SEC
2026-11-044Statement of changes in beneficial ownership of securities2026-11-02SEC
2026-11-04144Filing for proposed sale of securities under Rule 144.SEC
2026-11-034Statement of changes in beneficial ownership of securities2026-11-02SEC
2026-11-02144Filing for proposed sale of securities under Rule 144.SEC
2026-10-30144Filing for proposed sale of securities under Rule 144.SEC
2026-10-304Statement of changes in beneficial ownership of securities2026-10-28SEC
2026-10-304Statement of changes in beneficial ownership of securities2026-10-30SEC
2026-10-28144Filing for proposed sale of securities under Rule 144.SEC
2026-10-2710-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-278-KCurrent report2026-10-27SEC
2026-10-06SCHEDULE 13G/ASEC
2026-09-238-KCurrent report2026-09-23SEC
2026-08-208-KCurrent report2026-08-20SEC
2026-08-12SCHEDULE 13G/ASEC
2026-08-10424B5SEC
2026-08-078-KCurrent report2026-08-06SEC
2026-08-06FWPFiling under Securities Act Rule 163/433 of free writing prospectuses.SEC
2026-08-06424B5SEC
2026-08-034Statement of changes in beneficial ownership of securities2026-07-31SEC
2026-08-03144Filing for proposed sale of securities under Rule 144.SEC
2026-07-314Statement of changes in beneficial ownership of securities2026-07-29SEC
2026-07-304/A2026-05-28SEC
2026-07-2810-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-07-288-KCurrent report2026-07-28SEC
2026-07-243Initial statement of beneficial ownership of securities2026-07-16SEC
2026-07-208-KCurrent report2026-07-16SEC
2026-06-034Statement of changes in beneficial ownership of securities2026-06-01SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-1100242.28M6
2026-1000421.31K2
2026-090000
2026-080000
2026-07004.05M1
2026-060000
2026-050000
2026-040000
2026-030000
2026-0200626.68M16
2026-010000
2025-120000
2025-1100309.94K1

Institutional holders

Manager% owned
Capital Research Global Investors12.77%
Capital International Investors9.13%
BlackRock, Inc.7.69%
Capital World Investors6.96%
VANGUARD CAPITAL MANAGEMENT LLC5.98%
VANGUARD PORTFOLIO MANAGEMENT LLC4.57%
OSIRIS HOLDINGS INC.4.37%
STATE STREET CORP3.99%
GEODE CAPITAL MANAGEMENT, LLC2.62%
Sanders Capital, LLC1.81%

Funds

Fund% owned
Bond Fund7.72%
Investment Co of America4.77%
Growth Fund of America4.28%
Washington Mutual Investors Fund3.14%
Strategic Income Opportunities Fund2.82%
New Perspective Fund2.53%
American Funds Fundamental Investors2.03%
Capital Group Dividend Value ETF1.87%
Income Fund1.83%
iShares Core S&P 500 ETF1.28%

OakChart. RCL. Cached 15 minutes.