Shares Outstanding for Royal Caribbean Cruises (RCL)
According to Royal Caribbean Cruises's latest reported financial statements, the company's latest reported diluted shares outstanding is 273.00M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingShares OutstandingSwitch metric
Latest period
273.00M
YoY change
-2.2%
5Y CAGR
+5.0%
Peak year (2023)
283.00M
Latest annual
273.00M
Shares Outstanding history chart for Royal Caribbean Cruises (RCL) from 1991 to 2025
Shares Outstanding history table for Royal Caribbean Cruises (RCL) from 1991 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 273.00M | -2.2% | ||
| 2024 | 279.00M | -1.4% | ||
| 2023 | 283.00M | +11.0% | ||
| 2022 | 255.01M | +1.3% | ||
| 2021 | 251.81M | +17.5% | ||
| 2020 | 214.34M | +2.1% | ||
| 2019 | 209.93M | -0.8% | ||
| 2018 | 211.55M | -1.9% | ||
| 2017 | 215.69M | -0.3% | ||
| 2016 | 216.32M | -2.0% | ||
| 2015 | 220.69M | -1.1% | ||
| 2014 | 223.04M | +1.0% | ||
| 2013 | 220.94M | +0.7% | ||
| 2012 | 219.46M | +0.1% | ||
| 2011 | 219.23M | +0.7% | ||
| 2010 | 217.71M | +1.1% | ||
| 2009 | 215.29M | +0.5% | ||
| 2008 | 214.19M | +0.1% | ||
| 2007 | 213.97M | -0.8% | ||
| 2006 | 215.62M | -1.8% | ||
| 2005 | 219.62M | +4.6% | ||
| 2004 | 210.04M | +6.3% | ||
| 2003 | 197.65M | +0.7% | ||
| 2002 | 196.25M | +1.8% | ||
| 2001 | 192.77M | -0.0% | ||
| 2000 | 192.80M | +3.5% | ||
| 1999 | 186.34M | +3.1% | ||
| 1998 | 180.75M | +17.7% | ||
| 1997 | 153.60M | +20.1% | ||
| 1996 | 127.88M | +0.4% | ||
| 1995 | 127.35M | +0.7% | ||
| 1994 | 126.48M | +6.7% | ||
| 1993 | 118.56M | +15.4% | ||
| 1992 | 102.71M | -4.5% | ||
| 1991 | 107.50M | — |
Shares Outstanding values are taken from Royal Caribbean Cruises's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Royal Caribbean Cruises (RCL) most recent annual diluted shares outstanding stands at 273.00M (2025) – edged down 2.2% year-over-year.
Over 2020–2025 (5 years), Royal Caribbean Cruises diluted shares outstanding expanded at a +5.0% compound annual rate, with the latest reading among the more recent periods of the dataset.
Royal Caribbean Cruises diluted shares outstanding edged down from 283.00M in 2023 to 273.00M in 2025, a 3.5% drawdown.
The highest annual diluted shares outstanding of 283.00M was reported in 2023. The lowest in the available history was 102.71M in 1992.
Royal Caribbean Cruises (RCL) sits 9th of 8 Consumer Cyclical peers we track on this metric, against a peer median of 1.30B.
Royal Caribbean Cruises Shares Outstanding by Year
Royal Caribbean Cruises Shares Outstanding 2025: 273.00M
Royal Caribbean Cruises diluted shares outstanding in 2025 was 273.00M, edged down 2.2% below 2024.
Royal Caribbean Cruises Shares Outstanding 2024: 279.00M
Royal Caribbean Cruises diluted shares outstanding in 2024 was 279.00M, edged down 1.4% below 2023.
Royal Caribbean Cruises Shares Outstanding 2023: 283.00M
Royal Caribbean Cruises diluted shares outstanding in 2023 was 283.00M, grew 11.0% from 2022. This figure represents the highest annual value in the available history.
Royal Caribbean Cruises Shares Outstanding 2022: 255.01M
Royal Caribbean Cruises diluted shares outstanding in 2022 was 255.01M, edged up 1.3% from 2021.
Royal Caribbean Cruises Shares Outstanding 2021: 251.81M
Royal Caribbean Cruises diluted shares outstanding in 2021 was 251.81M.
See more financial history for Royal Caribbean Cruises (RCL).
Sector peers — Shares Outstanding
Companies in the same sector as Royal Caribbean Cruises, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Amazon.com, Inc. (AMZN) | 10.83B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | 3.53B | Consumer Cyclical |
| Alibaba Group Holding Limited (BABA) | 2.41B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | 1.48B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | 1.13B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | 997.00M | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | 815.98M | Consumer Cyclical |
| McDonald's Corporation (MCD) | 716.40M | Consumer Cyclical |
Frequently asked questions
What is Royal Caribbean Cruises's diluted shares outstanding?
- Latest reported diluted shares outstanding for Royal Caribbean Cruises (RCL) is 273.00M (period ending December 31, 2025).
How has Royal Caribbean Cruises diluted shares outstanding changed year-over-year?
- Royal Caribbean Cruises (RCL) diluted shares outstanding changed -2.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Royal Caribbean Cruises diluted shares outstanding?
- Royal Caribbean Cruises (RCL) diluted shares outstanding compound annual growth rate is +5.0% over the most recent 5 years available.
When did Royal Caribbean Cruises diluted shares outstanding hit its highest annual value?
- Royal Caribbean Cruises diluted shares outstanding reached its highest annual value of 283.00M in 2023.
What was Royal Caribbean Cruises diluted shares outstanding in 2024?
- Royal Caribbean Cruises (RCL) diluted shares outstanding in 2024 was 279.00M.
What was Royal Caribbean Cruises diluted shares outstanding in 2025?
- Royal Caribbean Cruises (RCL) diluted shares outstanding in 2025 was 273.00M.
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