- Royal Caribbean Cr
- 29 January 2026 15:33:40
Source: Sharecast
Posting fourth-quarter numbers, the Miami-based company said 2025 had been an “outstanding” year.
Total revenues jumped nearly 12% at $4.3bn in the three months to December end, as consumers continued to prioritise holidays. Net income was $800m, up from $600m a year previously.
Both figures were in line with consensus.
Over the full-year, total revenues rose to $17.9bn from $16.5bn, while adjusted earnings per share increased to $15.64 from $11.80.
Looking to the current year, Royal Caribbean said it expected the strong trading seen in the fourth quarter to continue.
It expects net yields to increase 2.1% to 4.1% on a reported basis throughout the year, with adjusted EPS of between $17.70 and $18.10.
As at 1530 GMT, the New York-list stock had surged 16%.
Jason Liberty, chief executive, said: “2025 was an outstanding year, and the momentum is further accelerating into 2026.
“Wave is off to a great start, and we continue to see strong and growing preference for our leading brands and differentiated vacation experiences.
“We expect another strong year of financial performance, with both revenue and earnings growing double digits.”
Wave season is the cruise industry’s peak booking period.
Royal Caribbean currently has 69 ships which sale to more than 1,000 destinations worldwide. As well as its Royal Caribbean, Celebrity Cruises and Silversea brands, it also has a 50% joint venture interest in Tui Cruises.