Company profile

Ticker
RCL
Exchange
CEO
Richard D. Fain
Employees
Location
Fiscal year end
Industry (SEC)
SEC CIK
IRS number
980081645

RCL stock data

(
)
FINRA relative short interest over last month (20 trading days) ?

Calendar

25 Feb 20
7 Apr 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Dec 19 Sep 19 Jun 19 Mar 19
Revenue 2.52B 3.19B 2.81B 2.44B
Net income 273.14M 883.24M 472.83M 249.68M
Diluted EPS 1.3 4.2 2.25 1.19
Net profit margin 10.85% 27.72% 16.85% 10.23%
Operating income 299.43M 890.79M 573.65M 318.83M
Net change in cash -32.99M 41.73M -13.2M -39.66M
Cash on hand 243.74M 276.73M 235M 248.2M
Cost of revenue 1.48B 1.62B 1.54B 1.41B
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 10.95B 9.49B 8.78B 8.5B
Net income 1.88B 1.81B 1.63B 1.28B
Diluted EPS 8.95 8.56 7.53 5.93
Net profit margin 17.16% 19.08% 18.51% 15.11%
Operating income 2.08B 1.89B 1.74B 1.48B
Net change in cash -44.11M 167.74M -12.49M 11.04M
Cash on hand 243.74M 287.85M 120.11M 132.6M
Cost of revenue 6.06B 5.26B 4.9B 5.02B

Financial data from company earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
20 Feb 20 Arne Alexander Wilhelmsen Common Stock Grant Aquire A 0 1,815 0 12,151
20 Feb 20 Donald Thompson Common Stock Grant Aquire A 0 1,815 0 9,023
20 Feb 20 Vagn O Sorensen Common Stock Grant Aquire A 0 1,815 0 25,184
20 Feb 20 William K Reilly Common Stock Grant Aquire A 0 1,815 0 19,067
20 Feb 20 Pritzker Thomas Common Stock Grant Aquire A 0 1,815 0 530,400
74.6% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 621 603 +3.0%
Opened positions 98 72 +36.1%
Closed positions 80 91 -12.1%
Increased positions 214 237 -9.7%
Reduced positions 231 208 +11.1%
13F shares
Current Prev Q Change
Total value 20.81B 16.44B +26.6%
Total shares 155.87M 151.74M +2.7%
Total puts 2.47M 1.69M +46.4%
Total calls 2.2M 3.1M -29.1%
Total put/call ratio 1.1 0.5 +106.5%
Largest owners
Shares Value Change
Vanguard 18.57M $2.48B +0.8%
BLK BlackRock 12.27M $1.64B +1.9%
Primecap Management 9.21M $1.23B -2.7%
Capital International Investors 8.57M $1.14B +158.9%
Canada Pension Plan Investment Board 8.1M $1.08B +164.2%
STT State Street 7.6M $1.02B +1.0%
JPM JPMorgan Chase & Co. 6.34M $847.02M -20.3%
N Price T Rowe Associates 5.19M $692.93M +32.4%
FMR 4.75M $633.79M -6.3%
IVZ Invesco 4.11M $548.69M +1.9%
Largest transactions
Shares Bought/sold Change
Capital International Investors 8.57M +5.26M +158.9%
Canada Pension Plan Investment Board 8.1M +5.04M +164.2%
Norges Bank 1.82M +1.82M NEW
JPM JPMorgan Chase & Co. 6.34M -1.62M -20.3%
Arrowstreet Capital, Limited Partnership 0 -1.3M EXIT
N Price T Rowe Associates 5.19M +1.27M +32.4%
Renaissance Technologies 241.98K -1.02M -80.8%
Eminence Capital 1.13M -733.3K -39.3%
WFC Wells Fargo & Co. 1.36M -610.29K -31.0%
Palestra Capital Management 721K -559.55K -43.7%

Financial report summary

?
Competition
CarnivalCarnivalNCLNorwegian Cruise LineCarnival
Risks
  • Adverse worldwide economic or other conditions could reduce the demand for cruises and passenger spending, adversely impacting our operating results, cash flows and financial condition including potentially impairing the value of our ships and other assets.
  • Fears of terrorist attacks, war, and other hostilities could have a negative impact on our results of operations.
  • Our operating costs could increase due to market forces and economic or geo-political factors beyond our control.
  • Fluctuations in foreign currency exchange rates, fuel prices and interest rates could affect our financial results.
  • Conducting business globally may result in increased costs and other risks.
  • Changes in U.S. foreign travel policy may affect our results of operations.
  • Price increases for commercial airline service for our guests or major changes or reduction in commercial airline service and/or availability could adversely impact the demand for cruises and undermine our ability to provide reasonably priced vacation packages to our guests.
  • Incidents on ships, at port facilities, land destinations and/or affecting the cruise vacation industry in general, and the associated negative media coverage and publicity, could affect our reputation and impact our sales and results of operations.
  • Significant weather, climate events and/or natural disasters could adversely impact our business and results from operations.
  • Growing anti-tourism sentiments and environmental concerns related to cruising could adversely impact our operations.
  • Our reliance on shipyards, their subcontractors and our suppliers to implement our newbuild and ship upgrade programs and to repair and maintain our ships exposes us to risks which, if realized, could adversely impact our business.
  • We may not be able to obtain sufficient financing or capital for our needs or may not be able to do so on terms that are acceptable or consistent with our expectations.
  • Our liquidity could be adversely impacted if we are unable to satisfy the covenants required by our credit facilities.
  • If we are unable to appropriately balance our cost management and capital allocation strategies with our goal of satisfying guest expectations, it may adversely impact our business success.
  • Our attempts to expand our business into new markets and new ventures may not be successful.
  • Risks associated with our development and operation of key land-based destination projects may adversely impact our business or results of operations.
  • Our reliance on travel agencies to sell and market our cruises exposes us to certain risks which, if realized, could adversely impact our business.
  • Disruptions in our shoreside or shipboard operations or our information systems may adversely affect our results of operations.
  • The loss of key personnel, our inability to recruit or retain qualified personnel, or disruptions among our shipboard personnel due to strained employee relations could adversely affect our results of operations.
  • Business activities that involve our co-investments with third parties may subject us to additional risks.
  • Past or pending business acquisitions or potential acquisitions that we may decide to pursue in the future carry inherent risks which could adversely impact our financial performance and condition.
  • We rely on supply chain vendors and third-party service providers who are integral to the operations of our businesses. These vendors and service providers may be unable or unwilling to deliver on their commitments or may act in ways that could harm our business.
  • If we are unable to keep pace with developments in technology or technological obsolescence, our operations or competitive position could become impaired.
  • We are exposed to cyber security attacks and data breaches, including the risks and costs associated with protecting our systems and maintaining integrity and security of our business information, as well as personal data of our guests, employees and business partners.
  • The potential unavailability of insurance coverage, an inability to obtain insurance coverage at commercially reasonable rates or our failure to have coverage in sufficient amounts to cover our incurred losses may adversely affect our financial condition or results of operations.
  • Environmental, labor, health and safety, financial responsibility and other maritime regulations could affect operations and increase operating costs.
  • Litigation, enforcement actions, fines or penalties could adversely impact our financial condition or results of operations and/or damage our reputation.
  • We are not a United States corporation and our shareholders may be subject to the uncertainties of a foreign legal system in protecting their interests.
  • Provisions of our Articles of Incorporation, By-Laws and Liberian law could inhibit others from acquiring us, prevent a change of control, and may prevent efforts by our shareholders to change our management.
Management Discussion
  • In this section, references to 2019 refer to the year ended December 31, 2019 and references to 2018 refer to the year ended December 31, 2018.
  • Total revenues for 2019 increased $1.5 billion, or 15.3%, to $11.0 billion from $9.5 billion in 2018.
  • Passenger ticket revenues comprised 71.7% of our 2019 total revenues. Passenger ticket revenues increased by $1.1 billion, or 15.7% from 2018. The increase was primarily due to:
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Good
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Patents

APP
Utility
Data Deduplication In a Travel and Transportation Data Processing System
12 Mar 20
A method, system and computer program product for data deduplication in a travel and transportation data processing system includes loading into memory for comparison from a database of a multiplicity of multi-field records, a pair of two different multi-field records and submitting the pair to a similarity model that correlates a companion passenger with a specified individual so as to indicate a probability of duplication whenever the companion passenger appears in a pair of records submitted to the model for comparison.
GRANT
Utility
Distributed muster for ocean-going vessels
3 Mar 20
Distributed muster includes distributing to different mobile devices an identity of an assigned muster location of an ocean-going vessel, and associating each mobile device both with a corresponding passenger of the ocean-going vessel, and also with the assigned muster location.
APP
Utility
Virtual Reality Dining
27 Feb 20
A method, system and computer program product for virtual reality dining includes establishing an index of different human consumables positioned on a sensory surface of a serving tray and, generating in a display of a virtual reality headset, a rendering both of a thematic visual background and also a display of different graphical representations of corresponding ones of the different human consumables at different positions consistent with the index.
APP
Utility
Tour Operations Predictive Risk Management
16 Jan 20
A method for predicting risk in a tour operation includes first ingesting into memory of a computing system, textual observations from past tour operations and then correlating the textual observations to a corresponding one of the past tour operations.
APP
Utility
High Throughput Passenger Identification In Portal Monitoring
12 Dec 19
The present invention provides for high throughput passenger identification in portal security.