Subscribe

Royal Caribbean Cruises Ltd. (RCL)

USD288.61 +3.24 (+1.14%)
US NYSE S&P 500 Consumer Cyclical Travel Services
Address 1050 Caribbean Way 33132-2096
Miami, FL, US
CEO Jason T. Liberty
IPO 1993-04-28
CIK 884887 ISIN LR0008862868

Explore sections of this company profile

Also trades on London Stock Exchange · 0I1W.L (USD) New York Stock Exchange · RCL (USD)
Description

Royal Caribbean Cruises Ltd. is a prominent global operator within the cruise sector. The company manages several well-known cruise lines, such as Royal Caribbean International, Celebrity Cruises, Azamara, and Silversea Cruises. Through these brands, it offers a wide array of voyages that call upon approximately 1,000 different destinations across the globe. As of February 25, 2022, its expansive fleet comprised 61 vessels. Established in 1968, the company's corporate headquarters are situated in Miami, Florida.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Index membership

IndexAddedRemovedStatus
S&P 500 2014-12-04 Active
Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
USD288.61 +3.24 (+1.14%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
3M
Beta
1.76
Float Shares
254.43M
Free Float %
94.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-4.28% -8.22% -4.87% -20.84% +0.01% -5.54% +8.79% +250.77% +237.55% +242.07% +2,785.65%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (51 ratings, all time) Buy
Price Targets & DCF
Current price
288.61
Low 296.00 +2.6%
Consensus 353.67 +22.5%
Median 350.00 +21.3%
High 425.00 +47.3%
Ratings Trend (MoM) 73% Bullish
Rating 2026-05 Change
Strong Buy 4 0
Buy 15 -1
Hold 7 0
Sell 0 0
Strong Sell 0 0
Price Target Summary
Period # Analysts Avg Target
Last Month 7
350.86
+21.6%
Last Quarter 10
349.40
+21.1%
Last Year 38
351.74
+21.9%
All Time 81
236.33
-18.1%
Quality scores
Altman Z-Score
2.22
Grey zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
5 / 10
Developing
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
2 / 5
Medium
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Travel Services: +8.5%
    +8.8% Q1'26: +11.3% (vs Q1'25)
  • EPS growth Travel Services: +10.2%
    +42.7% Q1'26: +28.9% (vs Q1'25)
  • FCF margin FCF growth · Travel Services: +12.2%
    +25.9% Q1'26: +30.0% (vs Q1'25)
  • EBIT margin Travel Services: +13.1%
    +29.5% Q1'26: +26.1% (vs Q1'25)
  • ROIC Travel Services: +10.4%
    +16.5% Q1'26: +14.5% (vs Q1'25)
  • Share dilution Travel Services: +0.3%
    -2.2% Q1'26: -1.8% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Travel Services: -0.25×
    3.28× Q1'26: 3.36× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.78) × ERP
WACC = 76% × Ke + 24% × Kd (4.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 288.61
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
19 Rev. Ana.
13 EPS Ana.
Dec 2027
19 Rev. Ana.
15 EPS Ana.
Dec 2028
13 Rev. Ana.
5 EPS Ana.
Dec 2029
12 Rev. Ana.
1 EPS Ana.
Dec 2030
6 Rev. Ana.
1 EPS Ana.
Revenue
7.54B
est: 6.39B (+17.9%)
7.69B
est: 6.52B (+17.9%)
7.96B
est: 6.19B (+28.5%)
8.07B
est: 8.90B (-9.3%)
8.30B
est: 8.35B (-0.6%)
8.50B
est: 8.56B (-0.7%)
8.78B
est: 8.74B (+0.4%)
9.49B
est: 9.47B (+0.3%)
10.95B
est: 10.97B (-0.2%)
2.21B
est: 2.21B (0.0%)
1.53B
est: 1.63B (-5.9%)
8.84B
est: 8.85B (-0.1%)
13.90B
est: 15.33B (-9.3%)
16.49B
est: 16.49B (0.0%)
17.94B
est: 17.94B (0.0%)
19.61B
19.44B – 20.14B
+9.3% YoY
21.06B
20.84B – 21.81B
+7.4% YoY
22.91B
22.88B – 22.94B
+8.8% YoY
24.80B
24.55B – 25.58B
+8.3% YoY
25.30B
25.05B – 26.09B
+2.0% YoY
EBITDA
1.69B
est: 1.60B (+5.7%)
1.10B
est: 1.34B (-17.9%)
1.56B
est: 1.32B (+18.4%)
1.79B
est: 1.85B (-3.0%)
1.77B
est: 1.55B (+14.4%)
2.49B
est: 2.36B (+5.4%)
2.88B
est: 2.72B (+5.7%)
3.18B
est: 3.00B (+6.0%)
3.56B
est: 3.40B (+4.9%)
-3.65B
est: -3.17B (-15.4%)
-2.68B
est: -2.32B (-15.2%)
615.00M
est: -1.49B (+141.3%)
4.56B
est: 466.55M (+877.6%)
6.09B
est: 501.92M (+1,112.7%)
6.91B
est: 545.96M (+1,165.5%)
596.91M
591.75M – 613.01M
+9.3% YoY
640.90M
634.21M – 663.71M
+7.4% YoY
697.22M
696.29M – 698.14M
+8.8% YoY
754.76M
747.24M – 778.41M
+8.3% YoY
769.91M
762.24M – 794.04M
+2.0% YoY
EBIT
989.84M
est: 901.36M (+9.8%)
374.07M
est: 495.95M (-24.6%)
806.11M
est: 704.27M (+14.5%)
1.02B
est: 941.68M (+8.6%)
943.51M
est: 778.47M (+21.2%)
1.59B
est: 1.41B (+13.0%)
1.93B
est: 1.66B (+16.2%)
2.15B
est: 1.80B (+19.6%)
2.32B
est: 2.01B (+15.1%)
-4.93B
est: -3.99B (-23.7%)
-3.97B
est: -3.37B (-17.9%)
-792.00M
est: -2.66B (+70.2%)
3.11B
est: -915.70M (+439.2%)
4.49B
est: -985.12M (+555.5%)
5.30B
est: -1.07B (+594.2%)
-1.17B
-1.20B – -1.16B
-9.3% YoY
-1.26B
-1.30B – -1.24B
-7.4% YoY
-1.37B
-1.37B – -1.37B
-8.8% YoY
-1.48B
-1.53B – -1.47B
-8.3% YoY
-1.51B
-1.56B – -1.50B
-2.0% YoY
Net Income
607.42M
est: 607.30M (+0.0%)
18.29M
est: 13.64M (+34.1%)
473.69M
est: 442.92M (+6.9%)
764.15M
est: 759.54M (+0.6%)
665.78M
est: 605.64M (+9.9%)
1.28B
est: 1.23B (+4.6%)
1.63B
est: 1.55B (+5.1%)
1.81B
est: 1.72B (+5.3%)
1.88B
est: 1.82B (+3.0%)
-5.80B
est: -5.04B (-15.0%)
-5.26B
est: -4.59B (-14.6%)
-2.16B
est: -3.86B (+44.1%)
1.70B
est: 2.70B (-37.1%)
2.88B
est: 3.21B (-10.4%)
4.27B
est: 4.28B (-0.2%)
4.76B
4.67B – 4.85B
+11.2% YoY
5.34B
5.18B – 5.63B
+12.1% YoY
5.97B
5.91B – 6.85B
+11.8% YoY
7.21B
7.12B – 7.51B
+20.9% YoY
8.28B
8.17B – 8.62B
+14.8% YoY
SGA
960.60M
est: 887.30M (+8.3%)
1.01B
est: 1.23B (-17.8%)
1.04B
est: 842.20M (+24.1%)
1.05B
est: 1.12B (-6.0%)
1.09B
est: 920.52M (+18.0%)
1.11B
est: 1.03B (+7.6%)
1.19B
est: 1.11B (+6.7%)
1.30B
est: 1.22B (+7.0%)
1.56B
est: 1.47B (+5.8%)
1.20B
est: 1.04B (+15.3%)
1.37B
est: 1.18B (+16.2%)
1.58B
est: 1.41B (+12.2%)
1.79B
est: 4.46B (-59.8%)
2.13B
est: 4.80B (-55.7%)
2.22B
est: 5.22B (-57.4%)
5.71B
5.66B – 5.86B
+9.3% YoY
6.13B
6.06B – 6.35B
+7.4% YoY
6.67B
6.66B – 6.68B
+8.8% YoY
7.22B
7.15B – 7.44B
+8.3% YoY
7.36B
7.29B – 7.59B
+2.0% YoY
EPS
2.80
est: 2.60 (+7.7%)
0.08
est: 1.40 (-94.3%)
2.16
est: 1.96 (+10.2%)
3.45
est: 3.45 (+0.0%)
3.03
est: 4.81 (-37.0%)
5.96
est: 6.06 (-1.6%)
7.57
est: 7.41 (+2.2%)
8.60
est: 8.85 (-2.8%)
8.97
est: 9.55 (-6.1%)
-27.05
est: -18.40 (-47.0%)
-20.89
est: -18.18 (-14.9%)
-8.45
est: -7.74 (-9.2%)
6.63
est: 9.75 (-32.0%)
11.00
est: 11.69 (-5.9%)
15.73
est: 15.65 (+0.5%)
17.32
17.12 – 17.76
+10.6% YoY
20.04
18.98 – 20.63
+15.7% YoY
22.94
21.64 – 25.10
+14.5% YoY
26.42
26.08 – 27.49
+15.2% YoY
30.33
29.94 – 31.57
+14.8% YoY
Recent Grade Changes (3M)
Date Firm Previous New Grade Action
2026-05-01 Barclays Overweight Overweight Maintain
2026-04-15 Wells Fargo Overweight Overweight Maintain
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 B 3/5 2/5 5/5 5/5 1/5 3/5 1/5
2026-05-08 B 3/5 2/5 5/5 5/5 1/5 3/5 1/5
2026-05-07 B 3/5 2/5 5/5 5/5 1/5 3/5 1/5
2026-05-06 B 3/5 2/5 5/5 5/5 1/5 3/5 1/5
2026-05-05 B 3/5 2/5 5/5 5/5 1/5 3/5 1/5
2026-05-04 B 3/5 2/5 5/5 5/5 1/5 3/5 1/5
2026-05-01 B 3/5 2/5 5/5 5/5 1/5 3/5 1/5
2026-04-30 B 3/5 2/5 5/5 5/5 1/5 3/5 1/5
2026-04-29 B 3/5 2/5 5/5 5/5 1/5 3/5 1/5
2026-04-28 B 3/5 2/5 5/5 5/5 1/5 3/5 1/5
2026-04-27 B 3/5 2/5 5/5 5/5 1/5 3/5 1/5
2026-04-24 B 3/5 2/5 5/5 5/5 1/5 3/5 1/5
2026-04-23 B 3/5 2/5 5/5 5/5 1/5 3/5 1/5
2026-04-22 B 3/5 2/5 5/5 5/5 1/5 3/5 1/5
2026-04-21 B 3/5 2/5 5/5 5/5 1/5 3/5 1/5
2026-04-20 B 3/5 2/5 5/5 5/5 1/5 3/5 1/5
2026-04-17 B 3/5 2/5 5/5 5/5 1/5 3/5 1/5
2026-04-16 B 3/5 2/5 5/5 5/5 1/5 3/5 1/5
2026-04-15 B 3/5 2/5 5/5 5/5 1/5 3/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
6.05B
OE per share TTM
22.20
Owner's Yield
8.51%
Maintenance CapEx ratio
85.03%
Maint CapEx / Avg PPE
287.0%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
332
Total invested
1.01B
Insider transactions (90d)
0
Beneficial owners (>5%)
15
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 A. Wilhelmsen A.S., a Norwegian corporation 42.97M 22.20% 42.97M 42.97M CO Norway 2004-02-17
2 A Wilhelmsen AS, a Norwegian corporation 34.97M 15.90% CO Norway 2015-02-06
3 CIBC Trust Company (Bahamas) Limited, solely as trustee of the non-U.S. situs trusts listed on Appen 26.63M 12.30% 26.63M 26.63M OO Bahamas 2011-08-25
4 The Vanguard Group - 23-1945930 23.04M 9.04% 343.4K 22.16M 876.8K IA Pennsylvania For 2022-02-10
5 Abigail P. Johnson 17.73M 8.90% 17.73M IN United States of America 2005-02-14
6 FMR Corp. 17.14M 8.15% 1.30M 17.14M HC Delaware 2006-02-14
7 (1)Names of reporting persons. BlackRock, Inc. 12.27M 5.90% 10.67M 12.27M HC Delaware 2020-02-07
8 Osiris Holdings Inc. 11.50M 4.50% 9.66M 1.84M 9.66M 1.84M CO 2022-02-11
9 PRIMECAP Management Company 95-3868081 10.51M 4.89% 4.08M 10.51M IA 177 E. Colorado Blvd., 11th Floor, Pasadena, CA 91105 2017-11-06
10 Baillie Gifford & Co (Scottish partnership) 10.00M 11.00% IA SCOTLAND UK 2017-11-01
11 OPPENHEIMER CAPITAL LLC 9.96M 4.70% 2.65M 9.96M IA Delaware 2008-02-12
12 Edward C. Johnson 3d 7.77M 3.63% 7.77M IN United States of America 2010-02-16
13 04-2507163) 3.19M 5.16% 3.19M HC Commonwealth of Massachusetts 1997-02-13
14 Janus Capital Management LLC 1.43M 6.00% 9.50M 11.00M IA, HC Delaware 2018-02-01
15 95-1411037 13.00 5.40% 13.68M 13.80M IA Delaware 2024-11-13

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
332
-930 vs prev Q
New positions
36
Closed positions
903
Increased
164
Reduced
104
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 MACQUARIE MANAGEMENT HOLDINGS, INC. 715.9K +715.9K (+100.0%) 199.68B +199.7B (+100.0%) 0.26% +0.264 pp 0.30% +0.301 pp USD278.92 +0.0% 1 qtrs NEW
2 CAPITAL INTERNATIONAL INVESTORS 36.17M +3.2M (+9.8%) 10.09B -574.8M (-5.4%) 13.35% +1.231 pp 1.58% -0.140 pp USD120.46 +131.5% 27 qtrs
3 VANGUARD GROUP INC 30.25M +187.3K (+0.6%) 8.44B -1.3B (-13.3%) 11.16% +0.110 pp 0.12% -0.023 pp USD101.90 +173.7% 84 qtrs
4 BLACKROCK, INC. 22.55M +1.5M (+7.3%) 6.29B -509.6M (-7.5%) 8.32% +0.596 pp 0.11% -0.013 pp USD202.86 +37.5% 6 qtrs
5 CAPITAL RESEARCH GLOBAL INVESTORS 20.18M +920.0K (+4.8%) 5.63B -603.4M (-9.7%) 7.45% +0.366 pp 1.04% -0.130 pp USD88.65 +214.6% 24 qtrs
6 CAPITAL WORLD INVESTORS 16.56M -426.0K (-2.5%) 4.62B -877.5M (-16.0%) 6.11% -0.134 pp 0.63% -0.123 pp USD166.25 +67.8% 11 qtrs
7 STATE STREET CORP 10.48M -94.5K (-0.9%) 2.93B -498.9M (-14.5%) 3.87% -0.021 pp 0.10% -0.021 pp USD104.43 +167.1% 51 qtrs
8 GEODE CAPITAL MANAGEMENT, LLC 7.05M +155.5K (+2.3%) 1.96B -263.1M (-11.8%) 2.60% +0.067 pp 0.12% -0.021 pp USD124.16 +124.6% 78 qtrs
9 JPMORGAN CHASE & CO 2.95M -672.2K (-18.6%) 822.95M -349.3M (-29.8%) 1.09% -0.243 pp 0.05% -0.019 pp USD200.97 +38.8% 51 qtrs
10 MORGAN STANLEY 2.93M -218.5K (-6.9%) 818.41M -201.7M (-19.8%) 1.08% -0.076 pp 0.05% -0.013 pp USD115.61 +141.3% 51 qtrs
11 INVESCO LTD. 2.71M -439.0K (-13.9%) 756.67M -263.2M (-25.8%) 1.00% -0.158 pp 0.12% -0.045 pp USD133.56 +108.8% 57 qtrs
12 GOLDMAN SACHS GROUP INC 2.50M -321.4K (-11.4%) 697.02M -215.6M (-23.6%) 0.92% -0.115 pp 0.09% -0.026 pp USD210.05 +32.8% 73 qtrs
13 JANUS HENDERSON GROUP PLC 2.42M +465.4K (+23.9%) 673.99M +42.7M (+6.8%) 0.89% +0.174 pp 0.30% +0.014 pp USD248.78 +12.1% 58 qtrs
14 NORTHERN TRUST CORP 2.41M -61.0K (-2.5%) 673.25M -127.5M (-15.9%) 0.89% -0.019 pp 0.09% -0.017 pp USD101.32 +175.3% 51 qtrs
15 PRIMECAP MANAGEMENT CO/CA/ 2.41M -346.4K (-12.6%) 672.34M -219.7M (-24.6%) 0.89% -0.124 pp 0.51% -0.174 pp USD58.69 +375.2% 55 qtrs
16 DIMENSIONAL FUND ADVISORS LP 1.92M +47.4K (+2.5%) 535.08M -70.3M (-11.6%) 0.71% +0.020 pp 0.11% -0.018 pp USD110.33 +152.8% 51 qtrs
17 PRICE T ROWE ASSOCIATES INC /MD/ 1.64M +15.3K (+0.9%) 457.61M -68.3M (-13.0%) 0.61% +0.008 pp 0.05% -0.007 pp USD206.40 +35.1% 75 qtrs
18 NORGES BANK 1.64M +1.6M (+100.0%) 456.75M +456.8M (+100.0%) 0.60% +0.604 pp 0.05% +0.049 pp USD278.92 +0.0% 1 qtrs NEW
19 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 1.52M +16.4K (+1.1%) 422.58M -62.3M (-12.9%) 0.56% +0.008 pp 0.07% -0.012 pp USD89.82 +210.5% 100 qtrs
20 LEGAL & GENERAL GROUP PLC 1.40M -20.4K (-1.4%) 389.30M -68.9M (-15.0%) 0.52% -0.006 pp 0.09% -0.017 pp USD125.59 +122.1% 75 qtrs
21 DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTS BANK, FRANKFURT AM MAIN 1.37M -259.8K (-15.9%) 382.62M -145.3M (-27.5%) 0.51% -0.094 pp 0.33% -0.132 pp USD166.00 +68.0% 8 qtrs
22 BANK OF NEW YORK MELLON CORP 1.32M -847.9K (-39.1%) 367.72M -333.2M (-47.5%) 0.49% -0.310 pp 0.07% -0.071 pp USD154.57 +80.4% 66 qtrs
23 NORDEA INVESTMENT MANAGEMENT AB 1.31M +750.7K (+135.0%) 366.93M +187.7M (+104.7%) 0.48% +0.278 pp 0.32% +0.158 pp USD272.46 +2.4% 30 qtrs
24 SUSQUEHANNA INTERNATIONAL GROUP, LLP 1.29M -93.6K (-6.8%) 358.91M -87.8M (-19.6%) 0.47% -0.033 pp 0.04% -0.010 pp USD114.91 +142.7% 51 qtrs
25 AMERICAN CENTURY COMPANIES INC 1.26M +33.8K (+2.8%) 351.09M -45.3M (-11.4%) 0.46% +0.014 pp 0.18% -0.025 pp USD258.55 +7.9% 21 qtrs
26 FMR LLC 1.23M -1.5M (-55.1%) 342.41M -543.2M (-61.3%) 0.45% -0.553 pp 0.02% -0.029 pp USD207.76 +34.3% 51 qtrs
27 UBS ASSET MANAGEMENT AMERICAS INC 1.20M +1.2M (+25,747.4%) 335.31M +333.8M (+22,179.9%) 0.44% +0.442 pp 0.07% +0.071 pp USD278.36 +0.2% 84 qtrs
28 UBS GROUP AG 1.06M +262.0K (+32.8%) 295.68M +37.4M (+14.5%) 0.39% +0.098 pp 0.05% +0.008 pp USD191.40 +45.7% 45 qtrs
29 NUVEEN, LLC 1.05M -141.8K (-11.9%) 293.98M -92.9M (-24.0%) 0.39% -0.051 pp 0.08% -0.025 pp USD205.44 +35.8% 4 qtrs
30 CITIGROUP INC 1.05M +75.0K (+7.7%) 292.89M -22.6M (-7.2%) 0.39% +0.029 pp 0.13% -0.011 pp USD218.55 +27.6% 108 qtrs
31 BANK OF AMERICA CORP /DE/ 1.04M -109.8K (-9.5%) 291.26M -82.2M (-22.0%) 0.39% -0.039 pp 0.02% -0.004 pp USD136.00 +105.1% 52 qtrs
32 WELLINGTON MANAGEMENT GROUP LLP 986.0K +260.6K (+35.9%) 275.01M +40.3M (+17.2%) 0.36% +0.097 pp 0.05% +0.007 pp USD265.58 +5.0% 37 qtrs
33 NATIONAL PENSION SERVICE 964.9K +23.1K (+2.5%) 269.14M -35.6M (-11.7%) 0.36% +0.010 pp 0.20% -0.037 pp USD198.63 +40.4% 8 qtrs
34 RAYMOND JAMES FINANCIAL INC 943.2K -94.4K (-9.1%) 265.01M -70.7M (-21.1%) 0.35% -0.033 pp 0.08% -0.026 pp USD243.27 +14.7% 5 qtrs
35 TD ASSET MANAGEMENT INC 877.7K +201.0K (+29.7%) 244.80M +25.8M (+11.8%) 0.32% +0.075 pp 0.20% +0.019 pp USD288.61 -3.4% 48 qtrs
36 AMUNDI 817.8K +104.0K (+14.6%) 228.09M +1.6M (+0.7%) 0.30% +0.039 pp 0.06% -0.011 pp USD169.15 +64.9% 19 qtrs
37 ROYAL BANK OF CANADA 803.7K -686.0K (-46.0%) 224.18M -257.9M (-53.5%) 0.30% -0.251 pp 0.04% -0.043 pp USD259.59 +7.4% 51 qtrs
38 AMERIPRISE FINANCIAL INC 795.5K -306.1K (-27.8%) 221.98M -134.5M (-37.7%) 0.29% -0.111 pp 0.05% -0.032 pp USD258.19 +8.0% 56 qtrs
39 FEDERATED HERMES, INC. 712.4K +51.4K (+7.8%) 198.70M -15.2M (-7.1%) 0.26% +0.020 pp 0.33% -0.046 pp USD259.78 +7.4% 54 qtrs
40 SWISS NATIONAL BANK 707.1K -36.5K (-4.9%) 197.23M -43.4M (-18.0%) 0.26% -0.013 pp 0.12% -0.022 pp USD98.60 +182.9% 51 qtrs
41 DEUTSCHE BANK AG\ 697.2K +32.0K (+4.8%) 194.47M -20.8M (-9.7%) 0.26% +0.013 pp 0.06% -0.009 pp USD184.58 +51.1% 50 qtrs
42 BESSEMER GROUP INC 631.3K +90.1K (+16.7%) 176.08M +965.0K (+0.6%) 0.23% +0.034 pp 0.27% +0.003 pp USD306.38 -9.0% 45 qtrs
43 CAPITAL INTERNATIONAL, INC./CA/ 624.5K +37.2K (+6.3%) 174.18M -15.8M (-8.3%) 0.23% +0.015 pp 1.37% -0.149 pp USD122.76 +127.2% 37 qtrs
44 VOYA INVESTMENT MANAGEMENT LLC 615.1K +173.4K (+39.3%) 171.56M +28.6M (+20.0%) 0.23% +0.065 pp 0.17% +0.026 pp USD211.72 +31.7% 51 qtrs
45 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 594.1K -131.5K (-18.1%) 165.70M -69.1M (-29.4%) 0.22% -0.048 pp 0.05% -0.019 pp USD319.71 -12.8% 3 qtrs
46 SUMITOMO MITSUI TRUST HOLDINGS, INC. 592.9K -22.2K (-3.6%) 165.36M -33.7M (-16.9%) 0.22% -0.007 pp 0.10% -0.017 pp USD104.65 +166.5% 16 qtrs
47 MITSUBISHI UFJ KOKUSAI ASSET MANAGEMENT CO., LTD. 537.9K +29.7K (+5.8%) 152.35M -12.1M (-7.3%) 0.20% +0.012 pp 0.10% -0.015 pp USD158.52 +76.0% 58 qtrs
48 WELLS FARGO & COMPANY/MN 526.3K -122.1K (-18.8%) 146.79M -63.0M (-30.0%) 0.19% -0.044 pp 0.03% -0.013 pp USD117.64 +137.1% 57 qtrs
49 BNP PARIBAS ARBITRAGE, SNC 518.1K +4.0K (+0.8%) 144.50M -21.8M (-13.1%) 0.19% +0.002 pp 0.07% -0.023 pp USD178.19 +56.5% 51 qtrs
50 RHUMBLINE ADVISERS 503.9K -12.2K (-2.4%) 140.55M -26.4M (-15.8%) 0.19% -0.004 pp 0.11% -0.021 pp USD103.41 +169.7% 51 qtrs
51 CITADEL ADVISORS LLC 494.3K -192.2K (-28.0%) 137.87M -84.3M (-37.9%) 0.18% -0.070 pp 0.02% -0.013 pp USD95.73 +191.4% 38 qtrs
52 FRANKLIN RESOURCES INC 485.2K -15.8K (-3.2%) 135.34M -26.8M (-16.5%) 0.18% -0.005 pp 0.03% -0.007 pp USD293.57 -5.0% 22 qtrs
53 ENSIGN PEAK ADVISORS, INC 472.3K -38.8K (-7.6%) 131.75M -33.6M (-20.3%) 0.17% -0.014 pp 0.23% -0.039 pp USD212.23 +31.4% 25 qtrs
54 AMF TJANSTEPENSION AB 448.9K +100.7K (+28.9%) 125.20M +12.6M (+11.1%) 0.17% +0.038 pp 0.78% +0.062 pp USD311.72 -10.5% 3 qtrs
55 CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM 448.7K -10.9K (-2.4%) 125.14M -23.6M (-15.8%) 0.17% -0.003 pp 0.07% -0.018 pp USD106.29 +162.4% 58 qtrs
56 WESTFIELD CAPITAL MANAGEMENT CO LP 448.7K +112.1K (+33.3%) 125.14M +16.2M (+14.9%) 0.17% +0.042 pp 0.52% +0.064 pp USD304.59 -8.4% 3 qtrs
57 ASSETMARK, INC 401.9K -13.0K (-3.1%) 112.09M -22.2M (-16.5%) 0.15% -0.004 pp 0.23% -0.059 pp USD265.48 +5.1% 43 qtrs
58 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 372.7K +157.5K (+73.2%) 103.95M +34.3M (+49.3%) 0.14% +0.058 pp 0.06% +0.017 pp USD304.55 -8.4% 11 qtrs
59 CAPITAL INTERNATIONAL SARL 363.7K +58.7K (+19.3%) 101.45M +2.8M (+2.8%) 0.13% +0.022 pp 1.63% -0.076 pp USD156.06 +78.7% 37 qtrs
60 CAPTION MANAGEMENT, LLC 357.0K +— (+0.0%) 99.57M -15.9M (-13.8%) 0.13% +0.001 pp 0.68% -0.218 pp USD138.42 +101.5% 24 qtrs
61 RATHBONES GROUP PLC 355.4K -216.0 (-0.1%) 99.13M -15.9M (-13.9%) 0.13% +0.000 pp 0.39% -0.075 pp USD230.55 +21.0% 12 qtrs
62 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 353.9K -23.9K (-6.3%) 98.72M -23.5M (-19.3%) 0.13% -0.008 pp 0.10% -0.027 pp USD78.03 +257.5% 52 qtrs
63 D. E. SHAW & CO., INC. 348.3K -438.0 (-0.1%) 97.16M -15.7M (-13.9%) 0.13% +0.000 pp 0.05% -0.010 pp USD129.91 +114.7% 15 qtrs
64 SG AMERICAS SECURITIES, LLC 347.1K +216.6K (+166.0%) 96.81M +54.6M (+129.3%) 0.13% +0.080 pp 0.12% -0.019 pp USD255.72 +9.1% 51 qtrs
65 HANDELSBANKEN FONDER AB 315.6K -65.8K (-17.3%) 88.02M -35.4M (-28.7%) 0.12% -0.024 pp 0.27% -0.126 pp USD250.09 +11.5% 38 qtrs
66 TREMBLANT CAPITAL GROUP 303.9K +303.9K (+100.0%) 84.75M +84.8M (+100.0%) 0.11% +0.112 pp 2.16% +2.162 pp USD278.92 +0.0% 1 qtrs NEW
67 PNC FINANCIAL SERVICES GROUP, INC. 299.7K -4.4K (-1.4%) 83.58M -14.8M (-15.0%) 0.11% -0.001 pp 0.05% -0.014 pp USD191.10 +46.0% 51 qtrs
68 NEUBERGER BERMAN GROUP LLC 296.9K -8.6K (-2.8%) 82.81M -16.0M (-16.2%) 0.11% -0.003 pp 0.06% -0.011 pp USD247.91 +12.5% 18 qtrs
69 ENVESTNET ASSET MANAGEMENT INC 292.4K -7.3K (-2.4%) 81.55M -15.4M (-15.9%) 0.11% -0.002 pp 0.02% -0.004 pp USD123.89 +125.1% 51 qtrs
70 FOREST AVENUE CAPITAL MANAGEMENT LP 289.9K +289.9K (+100.0%) 80.85M +80.8M (+100.0%) 0.11% +0.107 pp 5.33% +5.325 pp USD278.92 +0.0% 7 qtrs
71 PRINCIPAL FINANCIAL GROUP INC 287.9K +7.0K (+2.5%) 80.30M -10.6M (-11.6%) 0.11% +0.003 pp 0.04% -0.005 pp USD142.22 +96.1% 55 qtrs
72 AGF MANAGEMENT LTD 286.7K -125.3K (-30.4%) 79.96M -53.3M (-40.0%) 0.11% -0.046 pp 0.35% -0.240 pp USD312.60 -10.8% 5 qtrs
73 KOREA INVESTMENT CORP 286.3K +144.5K (+101.9%) 79.87M +34.0M (+74.0%) 0.11% +0.054 pp 0.16% +0.063 pp USD235.23 +18.6% 52 qtrs
74 SILVANT CAPITAL MANAGEMENT LLC 285.0K +6.5K (+2.4%) 79.49M -10.6M (-11.8%) 0.11% +0.003 pp 2.69% -0.440 pp USD70.05 +298.2% 32 qtrs
75 CIBC PRIVATE WEALTH GROUP, LLC 268.8K +10.3K (+4.0%) 74.97M -8.7M (-10.4%) 0.10% +0.004 pp 0.13% -0.016 pp USD305.42 -8.7% 14 qtrs
76 ALLIANCEBERNSTEIN L.P. 266.5K -22.8K (-7.9%) 74.33M -19.3M (-20.6%) 0.10% -0.008 pp 0.02% -0.006 pp USD120.95 +130.6% 61 qtrs
77 ATALANTA SOSNOFF CAPITAL, LLC 257.8K +69.0K (+36.6%) 71.90M +10.8M (+17.7%) 0.10% +0.026 pp 1.40% +0.231 pp USD230.92 +20.8% 4 qtrs
78 SCHRODER INVESTMENT MANAGEMENT GROUP 242.2K +56.6K (+30.5%) 67.56M +6.9M (+11.4%) 0.09% +0.021 pp 0.05% +0.004 pp USD247.38 +12.7% 36 qtrs
79 CREDIT AGRICOLE S A 233.9K -28.7K (-10.9%) 65.25M -19.7M (-23.2%) 0.09% -0.010 pp 0.15% -0.077 pp USD323.58 -13.8% 2 qtrs
80 BANK OF MONTREAL /CAN/ 229.6K +16.2K (+7.6%) 64.04M -5.0M (-7.2%) 0.08% +0.006 pp 0.02% -0.004 pp USD107.67 +159.1% 51 qtrs
81 ROBECO INSTITUTIONAL ASSET MANAGEMENT B.V. 226.2K +113.3K (+100.4%) 63.10M +26.6M (+72.8%) 0.08% +0.042 pp 0.09% +0.037 pp USD210.55 +32.5% 48 qtrs
82 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 225.3K -7.6K (-3.3%) 62.83M -12.5M (-16.6%) 0.08% -0.003 pp 0.11% -0.021 pp USD66.77 +317.7% 51 qtrs
83 AVIVA PLC 215.9K +11.4K (+5.6%) 60.22M -6.0M (-9.0%) 0.08% +0.005 pp 0.10% -0.019 pp USD199.31 +39.9% 51 qtrs
84 FRONTIER CAPITAL MANAGEMENT CO LLC 215.9K -138.0K (-39.0%) 60.20M -54.3M (-47.4%) 0.08% -0.051 pp 0.64% -0.388 pp USD323.58 -13.8% 2 qtrs
85 ADAGE CAPITAL PARTNERS GP, L.L.C. 211.3K +20.6K (+10.8%) 58.94M -2.8M (-4.5%) 0.08% +0.008 pp 0.09% -0.009 pp USD180.81 +54.3% 45 qtrs
86 LPL FINANCIAL LLC 211.0K -1.5K (-0.7%) 58.86M -9.9M (-14.4%) 0.08% 0.000 pp 0.02% -0.004 pp USD136.47 +104.4% 35 qtrs
87 RETIREMENT SYSTEMS OF ALABAMA 207.6K +40.6K (+24.3%) 57.89M +3.9M (+7.2%) 0.08% +0.015 pp 0.19% +0.008 pp USD140.47 +98.6% 48 qtrs
88 BNP PARIBAS ASSET MANAGEMENT HOLDING S.A. 206.3K +206.3K (+100.0%) 57.62M +57.6M (+100.0%) 0.08% +0.076 pp 0.07% +0.066 pp USD278.92 +0.0% 19 qtrs
89 PARALLAX VOLATILITY ADVISERS, L.P. 201.8K -362.2K (-64.2%) 56.29M -126.2M (-69.2%) 0.07% -0.133 pp 0.11% -0.166 pp USD125.63 +122.0% 30 qtrs
90 BARCLAYS PLC 200.0K +78.4K (+64.5%) 55.78M +34.2M (+158.7%) 0.07% +0.029 pp 0.01% +0.008 pp USD299.73 -6.9% 51 qtrs
91 ASSET MANAGEMENT ONE CO., LTD. 196.0K +15.1K (+8.4%) 55.31M -3.2M (-5.5%) 0.07% +0.006 pp 0.15% -0.016 pp USD148.73 +87.5% 53 qtrs
92 STRS OHIO 195.0K +17.5K (+9.9%) 54.38M -3.0M (-5.3%) 0.07% +0.007 pp 0.20% -0.008 pp USD174.67 +59.7% 22 qtrs
93 JANE STREET GROUP, LLC 190.8K -6.4K (-3.2%) 53.22M -10.6M (-16.6%) 0.07% -0.002 pp 0.01% -0.002 pp USD177.36 +57.3% 6 qtrs
94 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 189.6K +3.4K (+1.8%) 52.87M -7.4M (-12.2%) 0.07% +0.002 pp 0.10% -0.015 pp USD89.49 +211.7% 45 qtrs
Ownership breakdown by holder

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.10
Bearish
Ratio by volume
0.29
Bearish
Buys
15
Sells
151
Shares acquired
658.3K
Shares disposed
2.24M
Cash buys
Cash sales
121.00
Net activity
-1,585,096
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2026-03-01 Wiernicki Christopher J Director A-Award A Common Stock 444 0.00 444 D
2026-02-27 Wilhelmsen Arne Alexander Director S-Sale D Common Stock 14,211 314.40 4.47M 16,435,910 I
2026-02-26 Wilhelmsen Arne Alexander Director S-Sale D Common Stock 20,617 316.92 6.53M 17,009,524 I
2026-02-25 Wilhelmsen Arne Alexander Director S-Sale D Common Stock 24,360 316.24 7.70M 17,117,922 I
2026-02-24 Wilhelmsen Arne Alexander Director S-Sale D Common Stock 11,540 311.42 3.59M 17,531,252 I
2026-02-23 Wilhelmsen Arne Alexander Director S-Sale D Common Stock 20 310.12 6.2K 17,571,748 I
2026-02-20 Wilhelmsen Arne Alexander Director S-Sale D Common Stock 18,920 314.56 5.95M 17,646,796 I
2026-02-19 Wilhelmsen Arne Alexander Director S-Sale D Common Stock 3,265 317.10 1.04M 17,681,531 I
2026-02-18 Wilhelmsen Arne Alexander Director S-Sale D Common Stock 2,473 326.03 806.3K 17,782,967 I
2026-02-17 Wilhelmsen Arne Alexander Director S-Sale D Common Stock 7,292 328.65 2.40M 17,898,612 I
2026-02-17 Montiel Maritza Gomez Director S-Sale D Common Stock 1,385 327.18 453.1K 12,849 D
2026-02-17 BETHGE LAURA H Officer S-Sale D Common Stock 7,854 326.21 2.56M 32,786 D
2026-02-13 Wilhelmsen Arne Alexander Director S-Sale D Common Stock 1,608 331.72 533.4K 18,067,827 I
2026-02-13 Pujol Henry L Officer S-Sale D Common Stock 4,442 327.99 1.46M 10,067 D
2026-02-13 Liberty Jason T Officer S-Sale D Common Stock 320 332.29 106.3K 218,822 D
2026-02-13 Holtz Naftali Officer S-Sale D Common Stock 189 332.19 62.8K 28,116 D
2026-02-13 Bayley Michael W Officer S-Sale D Common Stock 3,793 322.66 1.22M 134,315 D
2026-02-12 Pujol Henry L Officer F-InKind D Common Stock 91 337.84 30.7K 14,509 D
2026-02-12 Liberty Jason T Officer F-InKind D Common Stock 2,818 337.84 952.0K 309,732 D
2026-02-12 Lake Robert Alexander Officer F-InKind D Common Stock 267 337.84 90.2K 38,449 D
2026-02-12 Kulovaara Harri U Officer F-InKind D Common Stock 1,131 337.84 382.1K 59,959 D
2026-02-12 Holtz Naftali Officer F-InKind D Common Stock 713 337.84 240.9K 79,997 D
2026-02-12 Bayley Michael W Officer F-InKind D Common Stock 2,943 337.84 994.3K 138,108 D
2026-02-12 BETHGE LAURA H Officer F-InKind D Common Stock 570 337.84 192.6K 40,640 D
2026-02-10 Wiernicki Christopher J Director Common Stock 0 0.00 0 D
2026-02-10 Pujol Henry L Officer F-InKind D Common Stock 4,111 345.41 1.42M 14,031 D
2026-02-10 Liberty Jason T Officer A-Award A Common Stock 275,686 0.00 400,466 D
2026-02-10 Lake Robert Alexander Officer F-InKind D Common Stock 11,319 345.41 3.91M 36,973 D
2026-02-10 Kulovaara Harri U Officer F-InKind D Common Stock 16,893 345.41 5.83M 58,871 D
2026-02-10 Holtz Naftali Officer F-InKind D Common Stock 23,770 345.41 8.21M 75,133 D
2026-02-10 Bayley Michael W Officer A-Award A Common Stock 167,809 0.00 200,831 D
2026-02-10 BETHGE LAURA H Officer F-InKind D Common Stock 12,451 345.41 4.30M 37,874 D
2026-02-09 Pujol Henry L Officer F-InKind D Common Stock 196 345.41 67.7K 7,354 D
2026-02-09 Liberty Jason T Officer F-InKind D Common Stock 8,091 345.41 2.79M 124,780 D
2026-02-09 Lake Robert Alexander Officer F-InKind D Common Stock 844 345.41 291.5K 19,525 D
2026-02-09 Holtz Naftali Officer F-InKind D Common Stock 1,772 345.41 612.1K 38,492 D
2026-02-09 BETHGE LAURA H Officer F-InKind D Common Stock 929 345.41 320.9K 18,679 D
2026-02-08 Pujol Henry L Officer F-InKind D Common Stock 120 338.60 40.6K 7,550 D
2026-02-08 Liberty Jason T Officer F-InKind D Common Stock 5,639 338.60 1.91M 132,871 D
2026-02-08 Lake Robert Alexander Officer F-InKind D Common Stock 388 338.60 131.4K 20,369 D
2026-02-08 Holtz Naftali Officer F-InKind D Common Stock 1,211 338.60 410.0K 40,264 D
2026-02-08 BETHGE LAURA H Officer F-InKind D Common Stock 659 338.60 223.1K 19,608 D
2026-02-07 Pujol Henry L Officer F-InKind D Common Stock 156 338.60 52.8K 7,670 D
2026-02-07 Liberty Jason T Officer F-InKind D Common Stock 3,081 338.60 1.04M 138,510 D
2026-02-07 Lake Robert Alexander Officer F-InKind D Common Stock 320 338.60 108.4K 20,757 D
2026-02-07 Holtz Naftali Officer F-InKind D Common Stock 438 338.60 148.3K 41,475 D
2026-02-07 BETHGE LAURA H Officer F-InKind D Common Stock 317 338.60 107.3K 20,267 D
2025-12-23 Fain Richard D Director G-Gift D Common Stock 17,552 0.00 52,695 I
2025-11-03 Montiel Maritza Gomez Director S-Sale D Common Stock 1,100 281.76 309.9K 14,234 D
2025-10-02 Brock John Director G-Gift D Common Stock 3,165 0.00 24,035 D
2025-08-19 Sorensen Vagn O Director S-Sale D Common Stock 10,300 330.04 3.40M 16,407 D
2025-08-06 Fain Richard D Director S-Sale D Common Stock 6,985 310.65 2.17M 159,306 D
2025-07-30 Pujol Henry L Officer S-Sale D Common Stock 4,651 329.43 1.53M 8,292 D
2025-06-27 Lake Robert Alexander Officer S-Sale D Common Stock 2,869 299.85 860.3K 21,077 D
2025-06-06 Lake Robert Alexander Officer S-Sale D Common Stock 2,500 275.00 687.5K 23,946 D
2025-06-01 BETHGE LAURA H Officer F-InKind D Common Stock 267 255.84 68.3K 20,584 D
2025-05-28 Yeung Rebecca Director A-Award A Common Stock 870 0.00 5,703 D
2025-05-28 Wilhelmsen Arne Alexander Director A-Award A Common Stock 870 0.00 7,689 D
2025-05-28 Thompson Donald Director A-Award A Common Stock 870 0.00 39,561 D
2025-05-28 Sorensen Vagn O Director A-Award A Common Stock 870 0.00 26,707 D
2025-05-28 Ofer Eyal Director A-Award A Common Stock 870 0.00 42,925 D
2025-05-28 Montiel Maritza Gomez Director A-Award A Common Stock 870 0.00 15,334 D
2025-05-28 McPherson Amy Director A-Award A Common Stock 870 0.00 10,572 D
2025-05-28 MOORE ANN S Director A-Award A Common Stock 870 0.00 29,003 D
2025-05-28 LEAVITT MICHAEL O Director A-Award A Common Stock 870 0.00 8,180 D
2025-05-28 Howe Stephen R. Jr. Director A-Award A Common Stock 870 0.00 14,297 D
2025-05-28 Fain Richard D Director A-Award A Common Stock 870 0.00 166,291 D
2025-05-28 Brock John Director A-Award A Common Stock 870 0.00 27,200 D
2025-05-19 Fain Richard D Director S-Sale D Common Stock 3,827 253.66 970.8K 165,421 D
2025-05-12 Montiel Maritza Gomez Director S-Sale D Common Stock 1,500 242.49 363.7K 14,464 D
2025-03-24 Pujol Henry L Officer F-InKind D Common Stock 208 222.42 46.3K 13,033 D
2025-03-24 Liberty Jason T Officer F-InKind D Common Stock 1,623 222.42 361.0K 141,591 D
2025-03-24 Holtz Naftali Officer F-InKind D Common Stock 301 222.42 66.9K 41,826 D
2025-03-24 BETHGE LAURA H Officer F-InKind D Common Stock 304 222.42 67.6K 20,851 D
2025-02-18 Liberty Jason T Officer S-Sale D Common Stock 1,959 265.13 519.4K 143,214 D
2025-02-18 Holtz Naftali Officer S-Sale D Common Stock 2,032 263.46 535.4K 42,127 D
2025-02-18 Bayley Michael W Officer S-Sale D Common Stock 2,864 259.09 742.0K 79,292 D
2025-02-18 BETHGE LAURA H Officer S-Sale D Common Stock 1,514 259.43 392.8K 34,633 D
2025-02-13 Fain Richard D Director S-Sale D Common Stock 17,817 256.64 4.57M 186,704 D
2025-02-12 Pujol Henry L Officer A-Award A Common Stock 699 0.00 13,241 D
2025-02-12 Liberty Jason T Officer A-Award A Common Stock 21,489 0.00 201,214 D
2025-02-12 Lake Robert Alexander Officer A-Award A Common Stock 2,040 0.00 26,446 D
2025-02-12 Kulovaara Harri U Officer A-Award A Common Stock 2,876 0.00 32,765 D
2025-02-12 Holtz Naftali Officer A-Award A Common Stock 5,440 0.00 59,127 D
2025-02-12 Bayley Michael W Officer A-Award A Common Stock 7,480 0.00 82,156 D
2025-02-12 BETHGE LAURA H Officer A-Award A Common Stock 4,352 0.00 36,147 D
2025-02-11 Pujol Henry L Officer F-InKind D Common Stock 1,549 257.34 398.6K 12,542 D
2025-02-11 Liberty Jason T Officer F-InKind D Common Stock 28,166 257.34 7.25M 179,725 D
2025-02-11 Lake Robert Alexander Officer F-InKind D Common Stock 4,023 257.34 1.04M 24,406 D
2025-02-11 Kulovaara Harri U Officer F-InKind D Common Stock 6,035 257.34 1.55M 29,889 D
2025-02-11 Holtz Naftali Officer F-InKind D Common Stock 5,633 257.34 1.45M 53,687 D
2025-02-11 Bayley Michael W Officer A-Award A Common Stock 51,128 0.00 94,794 D
2025-02-11 BETHGE LAURA H Officer F-InKind D Common Stock 4,023 257.34 1.04M 31,795 D
2025-02-09 Pujol Henry L Officer F-InKind D Common Stock 195 268.04 52.3K 9,490 D
2025-02-09 Liberty Jason T Officer F-InKind D Common Stock 8,088 268.04 2.17M 136,311 D
2025-02-09 Lake Robert Alexander Officer F-InKind D Common Stock 746 268.04 200.0K 18,203 D
2025-02-09 Holtz Naftali Officer F-InKind D Common Stock 1,772 268.04 475.0K 45,004 D
2025-02-09 BETHGE LAURA H Officer F-InKind D Common Stock 928 268.04 248.7K 25,592 D
2025-02-08 Pujol Henry L Officer F-InKind D Common Stock 120 268.04 32.2K 9,685 D
2025-02-08 Liberty Jason T Officer F-InKind D Common Stock 5,639 268.04 1.51M 144,399 D
2025-02-08 Lake Robert Alexander Officer F-InKind D Common Stock 375 268.04 100.5K 18,949 D
2025-02-08 Kulovaara Harri U Officer F-InKind D Common Stock 1,791 268.04 480.1K 20,585 D
2025-02-08 Holtz Naftali Officer F-InKind D Common Stock 1,104 268.04 295.9K 46,776 D
2025-02-08 Bayley Michael W Officer F-InKind D Common Stock 6,029 268.04 1.62M 43,666 D
2025-02-08 BETHGE LAURA H Officer F-InKind D Common Stock 548 268.04 146.9K 26,520 D
2025-02-07 Pujol Henry L Officer F-InKind D Common Stock 159 268.04 42.6K 9,805 D
2025-02-07 Liberty Jason T Officer F-InKind D Common Stock 2,979 268.04 798.5K 150,038 D
2025-02-07 Lake Robert Alexander Officer F-InKind D Common Stock 323 268.04 86.6K 19,324 D
2025-02-07 Holtz Naftali Officer F-InKind D Common Stock 440 268.04 117.9K 47,880 D
2025-02-07 BETHGE LAURA H Officer F-InKind D Common Stock 320 268.04 85.8K 27,068 D
2024-11-21 Wilhelmsen Arne Alexander Director S-Sale D Common Stock 10,054 236.23 2.38M 18,296,806 I
2024-11-20 Wilhelmsen Arne Alexander Director S-Sale D Common Stock 73,436 234.74 17.24M 18,483,424 I
2024-11-20 Kulovaara Harri U Officer S-Sale D Common Stock 3,256 234.62 763.9K 22,348 D
2024-11-19 Wilhelmsen Arne Alexander Director S-Sale D Common Stock 10,900 230.33 2.51M 18,775,960 I
2024-11-18 Wilhelmsen Arne Alexander Director S-Sale D Common Stock 73,911 232.49 17.18M 18,794,697 I
2024-11-15 Wilhelmsen Arne Alexander Director S-Sale D Common Stock 3,187 233.05 742.8K 7,265 D
2024-11-05 Kulovaara Harri U Officer S-Sale D Common Stock 44 210.06 9.2K 25,604 D
2024-10-31 Fain Richard D Director S-Sale D Common Stock 18,900 206.64 3.91M 5,500 I
2024-10-30 Pujol Henry L Officer S-Sale D Common Stock 6,723 208.51 1.40M 9,964 D
2024-10-30 Fain Richard D Director S-Sale D Common Stock 25,000 210.02 5.25M 204,521 D
2024-09-25 Fain Richard D Director G-Gift D Common Stock 286,146 0.00 0 I
2024-08-29 BETHGE LAURA H Officer S-Sale D Common Stock 3,073 168.71 518.4K 27,388
2024-08-15 Sorensen Vagn O Director S-Sale D Common Stock 5,800 158.50 919.3K 25,837
2024-08-02 Holtz Naftali Officer P-Purchase A Common Stock 5,350 140.00 749.0K 48,256
2024-07-30 Fain Richard D Director S-Sale D Common Stock 19,338 156.25 3.02M 159,779
2024-06-13 Fain Richard D Director S-Sale D Common Stock 19,584 153.96 3.02M 179,117
2024-06-03 Lake Robert Alexander Officer S-Sale D Common Stock 7,750 148.78 1.15M 19,647
2024-06-01 Lake Robert Alexander Officer F-InKind D Common Stock 1,840 146.38 269.3K 27,397
2024-06-01 BETHGE LAURA H Officer F-InKind D Common Stock 267 146.38 39.1K 30,461
2024-05-20 Bayley Michael W Officer S-Sale D Common Stock 49,155 147.67 7.26M 49,695
2024-05-15 Bayley Michael W Officer S-Sale D Common Stock 24,201 140.21 3.39M 98,850
2024-04-30 Pujol Henry L Officer S-Sale D Common Stock 9,944 141.23 1.40M 16,687
2024-04-26 Liberty Jason T Officer S-Sale D Common Stock 50,000 139.63 6.98M 153,017
2024-03-24 Pujol Henry L Officer F-InKind D Common Stock 1,415 135.77 192.1K 26,631
2024-03-24 Liberty Jason T Officer F-InKind D Common Stock 22,323 135.77 3.03M 203,017
2024-03-24 Kulovaara Harri U Officer F-InKind D Common Stock 5,218 135.77 708.4K 44,867
2024-03-24 Holtz Naftali Officer F-InKind D Common Stock 2,261 135.77 307.0K 42,820
2024-03-24 Fain Richard D Director F-InKind D Common Stock 47,882 135.77 6.50M 198,701
2024-03-24 Bayley Michael W Officer F-InKind D Common Stock 11,596 135.77 1.57M 154,941
2024-03-24 BETHGE LAURA H Officer F-InKind D Common Stock 2,087 135.77 283.4K 30,728
2024-02-27 Fain Richard D Director S-Sale D Common Stock 8,160 123.14 1.00M 246,583
2024-02-20 Pujol Henry L Officer F-InKind D Common Stock 88 114.48 10.1K 28,175
2024-02-20 Liberty Jason T Officer F-InKind D Common Stock 1,249 114.48 143.0K 235,082
2024-02-20 Holtz Naftali Officer F-InKind D Common Stock 221 114.48 25.3K 45,306
2024-02-20 BETHGE LAURA H Officer F-InKind D Common Stock 116 114.48 13.3K 33,119
2024-02-13 Bayley Michael W Officer S-Sale D Common Stock 11,753 116.01 1.36M 166,537
2024-02-09 Pujol Henry L Officer F-InKind D Common Stock 213 118.29 25.2K 28,263
2024-02-09 Liberty Jason T Officer F-InKind D Common Stock 8,088 118.29 956.7K 236,331
2024-02-09 Lake Robert Alexander Officer F-InKind D Common Stock 522 118.29 61.7K 29,237
2024-02-09 Kulovaara Harri U Officer F-InKind D Common Stock 2,670 118.29 315.8K 50,085
2024-02-09 Holtz Naftali Officer F-InKind D Common Stock 1,096 118.29 129.6K 45,527
2024-02-09 Bayley Michael W Officer F-InKind D Common Stock 13,683 118.29 1.62M 178,290
2024-02-09 BETHGE LAURA H Officer F-InKind D Common Stock 574 118.29 67.9K 33,235
2024-02-08 Yeung Rebecca Director A-Award A Common Stock 2,372 0.00 4,833
2024-02-08 Wilhelmsen Arne Alexander Director A-Award A Common Stock 2,372 0.00 21,819
2024-02-08 Thompson Donald Director A-Award A Common Stock 2,372 0.00 38,691
2024-02-08 Sorensen Vagn O Director A-Award A Common Stock 2,372 0.00 31,637
2024-02-08 Pujol Henry L Officer A-Award A Common Stock 3,979 0.00 26,988
2024-02-08 Ofer Eyal Director A-Award A Common Stock 2,372 0.00 42,055
2024-02-08 Montiel Maritza Gomez Director A-Award A Common Stock 2,372 0.00 15,964
2024-02-08 McPherson Amy Director A-Award A Common Stock 2,372 0.00 9,702
2024-02-08 MOORE ANN S Director A-Award A Common Stock 2,372 0.00 28,133
2024-02-08 Liberty Jason T Officer A-Award A Common Stock 56,732 0.00 201,422
2024-02-08 Lake Robert Alexander Officer A-Award A Common Stock 4,630 0.00 29,759
2024-02-08 LEAVITT MICHAEL O Director A-Award A Common Stock 2,372 0.00 7,310
2024-02-08 Kulovaara Harri U Officer A-Award A Common Stock 13,261 0.00 46,967
2024-02-08 KIMSEY WILLIAM L Director A-Award A Common Stock 2,372 0.00 32,386
2024-02-08 Howe Stephen R. Jr. Director A-Award A Common Stock 2,372 0.00 13,427
2024-02-08 Holtz Naftali Officer A-Award A Common Stock 5,746 0.00 36,370
2024-02-08 Fain Richard D Director A-Award A Common Stock 2,372 0.00 254,743
2024-02-08 Brock John Director A-Award A Common Stock 2,372 0.00 26,330
2024-02-08 Bayley Michael W Officer A-Award A Common Stock 81,045 0.00 175,436
2024-02-08 BETHGE LAURA H Officer A-Award A Common Stock 5,305 0.00 27,194
2024-02-07 Pujol Henry L Officer F-InKind D Common Stock 167 120.43 20.1K 23,009
2024-02-07 Liberty Jason T Officer F-InKind D Common Stock 2,388 120.43 287.6K 144,690
2024-02-07 Lake Robert Alexander Officer F-InKind D Common Stock 343 120.43 41.3K 25,129
2024-02-07 Holtz Naftali Officer F-InKind D Common Stock 457 120.43 55.0K 30,624
2024-02-07 BETHGE LAURA H Officer F-InKind D Common Stock 337 120.43 40.6K 21,889
2023-12-14 Wilhelmsen Arne Alexander Director S-Sale D Common Stock 284,766 121.73 34.66M 19,167,507
2023-12-13 Wilhelmsen Arne Alexander Director S-Sale D Common Stock 400,000 119.98 47.99M 19,452,273
2023-12-12 Wilhelmsen Arne Alexander Director S-Sale D Common Stock 315,234 120.19 37.89M 19,852,273
2023-12-05 Fain Richard D Director G-Gift D Common Stock 6,144 0.00 79,281
2023-11-29 Kulovaara Harri U Officer S-Sale D Common Stock 24,707 106.90 2.64M 33,650
2023-11-17 Bayley Michael W Officer S-Sale D Common Stock 7,800 105.00 819.0K 94,391
2023-10-30 BETHGE LAURA H Officer S-Sale D Common Stock 3,502 86.00 301.2K 22,226
2023-09-12 Bayley Michael W Officer S-Sale D Common Stock 10,000 100.02 1.00M 102,191
2023-09-06 Bayley Michael W Officer S-Sale D Common Stock 10,000 97.43 974.3K 112,191
2023-09-05 Pujol Henry L Officer F-InKind D Common Stock 345 96.88 33.4K 23,176
2023-09-05 Kulovaara Harri U Officer F-InKind D Common Stock 1,302 96.88 126.1K 58,299
2023-09-05 BETHGE LAURA H Officer F-InKind D Common Stock 325 96.88 31.5K 25,728
2023-08-10 Montiel Maritza Gomez Director P-Purchase A Common Stock 1,000 103.70 103.7K 13,592
2023-08-01 Pujol Henry L Officer S-Sale D Common Stock 18,908 106.74 2.02M 23,521
2023-07-28 Holtz Naftali Officer S-Sale D Common Stock 5,949 110.62 658.1K 30,967
2023-06-01 Lake Robert Alexander Officer F-InKind D Common Stock 1,449 82.19 119.1K 25,472
2023-06-01 BETHGE LAURA H Officer A-Award A Common Stock 2,042 0.00 26,053
2023-05-25 Wilhelmsen Arne Alexander Director S-Sale D Common Stock 318,325 77.97 24.82M 20,167,507
2023-05-23 Wilhelmsen Arne Alexander Director S-Sale D Common Stock 203,800 80.15 16.33M 20,485,832
2023-05-22 Wilhelmsen Arne Alexander Director S-Sale D Common Stock 375,000 80.74 30.28M 20,689,632
2023-05-17 Liberty Jason T Officer S-Sale D Common Stock 36,536 80.00 2.92M 147,078
2023-05-17 Bayley Michael W Officer S-Sale D Common Stock 20,624 80.00 1.65M 122,191

Executive team

Top executives
EBIT / Employee
50.0K
Shares Outstanding
270.53M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2025 Jason T. Liberty President and Chief Executive Officer 1.40M 15.80M 5.13M 1.65M 23.98M 65.89%
2 2025 Michael W. Bayley President and CEO, Royal Caribbean 1.15M 5.50M 2.37M 407.6K 9.43M 58.30%
3 2025 Naftali Holtz Chief Financial Officer 946.8K 4.00M 2.10M 66.0K 7.11M 56.22%
4 2025 Laura Hodges Bethge President, Celebrity Cruises 893.5K 3.20M 1.72M 143.0K 5.95M 53.76%
5 2025 Harri U. Kulovaara EVP, Maritime 932.8K 1.85M 1.98M 142.9K 4.91M 37.70%
6 2024 Jason T. Liberty President and Chief Executive Officer 1.34M 13.00M 4.91M 244.3K 19.50M 66.67%
7 2024 Michael W. Bayley President and CEO, Royal Caribbean 1.12M 5.00M 2.73M 156.4K 9.01M 55.49%
8 2024 Naftali Holtz Chief Financial Officer 896.9K 3.10M 1.82M 57.1K 5.88M 52.74%
9 2024 Harri U. Kulovaara EVP, Maritime 904.9K 1.75M 1.96M 134.6K 4.75M 36.86%
10 2024 Laura Hodges Bethge President, Celebrity Cruises 798.9K 2.00M 1.44M 102.2K 4.34M 46.09%
11 2023 Jason T. Liberty President & Chief Executive Officer and Former Chief Financial Officer 1.25M 11.50M 4.28M 189.3K 17.22M 66.80%
12 2023 Jason T. Liberty President and Chief Executive Officer 1.25M 11.50M 4.28M 189.3K 17.22M 66.80%
13 2023 Michael W. Bayley President and CEO, RCI 1.08M 7.00M 2.59M 141.3K 10.81M 64.76%
14 2023 Michael W. Bayley President and CEO, Royal Caribbean 1.08M 7.00M 2.59M 141.3K 10.81M 64.76%
15 2023 Lisa Lutoff-Perlo Former President and CEO, Celebrity Cruises 540.4K 3.85M 1.15M 4.23M 9.77M 39.40%
16 2023 Naftali Holtz Chief Financial Officer 792.5K 2.52M 1.53M 45.3K 4.89M 51.58%
17 2023 Harri U. Kulovaara EVP, Maritime 878.2K 1.79M 1.87M 126.3K 4.66M 38.42%
18 2023 Laura Hodges Bethge President, Celebrity Cruises 724.1K 1.49M 1.04M 91.0K 3.35M 44.46%
19 2022 Jason T. Liberty President & Chief Executive Officer and Former Chief Financial Officer 1.20M 7.00M 2.34M 219.4K 10.76M 65.03%
20 2022 Jason T. Liberty President and Chief Executive Officer 1.20M 7.00M 2.34M 219.4K 10.76M 65.03%
21 2022 Michael W. Bayley President and CEO, RCI 1.05M 5.00M 1.59M 128.8K 7.77M 64.39%
22 2022 Michael W. Bayley President and CEO, Royal Caribbean 1.05M 5.00M 1.59M 128.8K 7.77M 64.39%
23 2022 Lisa Lutoff-Perlo President and CEO, Celebrity Cruises 858.4K 2.75M 1.03M 115.5K 4.76M 57.81%
24 2022 Lisa Lutoff-Perlo Former President and CEO, Celebrity Cruises 858.4K 2.75M 1.03M 115.5K 4.76M 57.81%
25 2022 Harri U. Kulovaara EVP, Maritime 847.9K 1.50M 1.15M 115.8K 3.62M 41.49%
26 2022 Naftali Holtz Chief Financial Officer 675.0K 1.40M 709.6K 33.4K 2.82M 49.68%
27 2022 Richard D. Fain Chairman & Former Chief Executive Officer 100.0K 200.0K 300.0K 66.67%
28 2021 Michael W. Bayley President and CEO, RCI 1.00M 15.00M 1.40M 151.2K 17.55M 85.46%
29 2021 Richard D. Fain Chairman & Former Chief Executive Officer 1.30M 11.25M 2.93M 337.0K 15.81M 71.15%
30 2021 Richard D. Fain Chairman & Chief Executive Officer 1.30M 11.25M 2.93M 337.0K 15.81M 71.15%
31 2021 Jason T. Liberty EVP, Chief Financial Officer 950.0K 10.50M 1.38M 207.2K 13.03M 80.55%
32 2021 Jason T. Liberty President & Chief Executive Officer and Former Chief Financial Officer 950.0K 10.50M 1.38M 207.2K 13.03M 80.55%
33 2021 Lisa Lutoff-Perlo Former President and CEO, Celebrity Cruises 820.0K 8.25M 1.07M 282.1K 10.42M 79.19%
34 2021 Lisa Lutoff-Perlo President and CEO, Celebrity Cruises 820.0K 8.25M 1.07M 282.1K 10.42M 79.19%
35 2021 Harri U. Kulovaara EVP, Maritime 810.0K 1.50M 1.11M 193.7K 3.61M 41.51%
36 2020 Richard D. Fain Chairman & Former Chief Executive Officer 645.0K 11.17M 3.04M 267.4K 12.08M 92.45%
37 2020 Richard D. Fain Chairman & Chief Executive Officer 645.0K 11.17M 3.04M 267.4K 12.08M 92.45%
38 2020 Michael W. Bayley President and CEO, RCI 866.3K 4.94M 1.44M 190.6K 7.44M 66.49%
39 2020 Jason T. Liberty President & Chief Executive Officer and Former Chief Financial Officer 818.8K 3.23M 1.41M 189.9K 5.65M 57.15%
40 2020 Jason T. Liberty EVP, Chief Financial Officer 818.8K 3.23M 1.41M 189.9K 5.65M 57.15%
41 2020 Lisa Lutoff-Perlo President and CEO, Celebrity Cruises 710.6K 2.72M 1.09M 227.0K 4.75M 57.25%
42 2020 Harri U. Kulovaara EVP, Maritime 803.8K 1.48M 1.13M 189.5K 3.61M 41.12%
43 2019 Richard D. Fain Chairman & Chief Executive Officer 1.28M 8.70M 4.01M 376.9K 14.36M 60.58%
44 2019 Michael W. Bayley President and CEO, RCI 941.9K 4.06M 1.80M 250.9K 7.06M 57.55%
45 2019 Jason T. Liberty EVP, Chief Financial Officer 866.3K 2.62M 1.73M 205.1K 5.42M 48.33%
46 2019 Lisa Lutoff-Perlo President and CEO, Celebrity 770.8K 2.28M 1.10M 282.3K 4.43M 51.44%
47 2019 Lisa Lutoff-Perlo President and CEO, Celebrity Cruises 770.8K 2.28M 1.10M 282.3K 4.43M 51.44%
48 2019 Cruises Harri U. Kulovaara EVP, Maritime 761.9K 450.0K 1.14M 870.4K 200.7K 3.42M 33.29%
49 2019 Harri U. Kulovaara EVP, Maritime 761.9K 1.14M 870.4K 200.7K 3.42M 33.29%
50 2018 Michael W. Bayley President and CEO,RCI 870.8K 3.09M 1.58M 187.4K 5.72M 53.94%
51 2018 Richard D. Fain Chairman & Chief Executive Officer 1.10M 4.60M 0.00%
52 2018 Cruises Harri U. Kulovaara EVP, Maritime 692.3K 450.0K 1.83M 764.7K 109.3K 3.84M 47.55%
53 2018 Lisa Lutoff-Perlo President and CEO, Celebrity 688.5K 1.79M 1.23M 136.5K 3.84M 46.53%
54 2018 Jason T. Liberty EVP, Chief Financial Officer 788.5K 2.47M 0.00%
55 2018 Michael W. Bayley President and CEO, RCI 870.8K 2.45M 0.00%
56 2018 Lisa Lutoff-Perlo President and CEO, Celebrity Cruises 688.5K 1.92M 0.00%
57 2018 Harri U. Kulovaara EVP, Maritime 692.3K 450.0K 1.91M 0.00%
58 2017 Richard D. Fain Chairman & Chief Executive Officer 1.10M 7.66M 4.33M 254.6K 13.34M 57.42%
59 2017 Michael W. Bayley President and CEO,RCI 792.3K 5.63M 1.52M 256.3K 8.19M 68.66%
60 2017 Michael W. Bayley President and CEO, RCI 792.3K 5.63M 1.52M 256.3K 8.19M 68.66%
61 2017 Jason T. Liberty EVP, Chief Financial Officer 692.3K 4.49M 1.52M 183.7K 6.89M 65.20%
62 2017 Adam M. Goldstein President and Chief Operating Officer 848.1K 3.75M 1.93M 220.6K 6.75M 55.59%
63 2017 Lisa Lutoff-Perlo President and CEO, Celebrity Cruises 596.2K 3.42M 1.07M 188.3K 5.28M 64.82%
64 2017 Lisa Lutoff-Perlo President and CEO, Celebrity 596.2K 3.42M 1.07M 188.3K 5.28M 64.82%
65 2016 Richard D. Fain Chairman & Chief Executive Officer 1.09M 6.44M 2.74M 131.4K 10.41M 61.91%
66 2016 Adam M. Goldstein President and Chief Operating Officer 823.1K 1.78M 1.36M 118.7K 4.08M 43.72%
67 2016 Michael W. Bayley President and CEO, RCI 696.2K 2.11M 938.4K 119.0K 3.87M 54.65%
68 2016 Michael W. Bayley President and CEO,RCI 696.2K 2.11M 938.4K 119.0K 3.87M 54.65%
69 2016 Jason T. Liberty EVP, Chief Financial Officer 592.3K 1.13M 798.2K 110.5K 2.63M 42.89%
70 2016 Jason T. Liberty Executive Vice President, Chief Financial Officer 592.3K 798.2K 110.5K 2.63M 0.00%
71 2016 Lisa Lutoff-Perlo President and CEO, Celebrity Cruises 546.2K 1.03M 639.5K 92.0K 2.31M 44.71%
72 2016 Lisa Lutoff-Perlo President and CEO, Celebrity 546.2K 1.03M 639.5K 92.0K 2.31M 44.71%
73 2015 Richard D. Fain Chairman & Chief Executive Officer 1.04M 5.80M 2.43M 119.8K 9.39M 61.82%
74 2015 Adam M. Goldstein President and Chief Operating Officer 830.8K 1.53M 1.33M 103.2K 3.79M 40.38%
75 2015 Michael W. Bayley President and CEO, RCI 675.0K 1.44M 986.2K 115.9K 3.21M 44.69%
76 2015 Harri U. Kulovaara Executive Vice President, Maritime 568.9K 300.0K 530.1K 75.4K 2.01M 0.00%
77 2015 Jason T. Liberty EVP, Chief Financial Officer 511.5K 765.9K 655.2K 66.8K 2.00M 38.31%
78 2015 Jason T. Liberty Executive Vice President, Chief Financial Officer 511.5K 655.2K 66.8K 2.00M 0.00%
79 2015 Jason T. Liberty Chief Financial Officer 511.5K 655.2K 66.8K 2.00M 0.00%
80 2014 Richard D. Fain Chairman Chief Executive Officer 1.00M 4.92M 2.25M 114.1K 12.01M 40.98%
81 2014 Richard D. Fain Chairman & Chief Executive Officer 1.00M 4.92M 2.25M 170.7K 12.01M 40.98%
82 2014 Adam M. Goldstein President and Chief Operating Officer 797.1K 1.43M 1.27M 141.8K 5.01M 28.58%
83 2014 Adam M. Goldstein President and Chief Operating 797.1K 1.43M 1.27M 110.5K 5.01M 28.58%
84 2014 Michael W. Bayley President and CEO, RCI 598.8K 1.91M 861.0K 95.1K 4.41M 43.31%
85 2014 Harri U. Kulovaara Executive Vice President, Maritime 533.8K 300.0K 954.8K 482.9K 113.6K 2.87M 33.21%
86 2014 Jason T. Liberty Chief Financial Officer 444.2K 716.1K 508.2K 79.6K 2.27M 31.49%
87 2014 Jason T. Liberty Chief Financial Officer 444.2K 716.1K 508.2K 86.0K 2.27M 31.49%
88 2014 Jason T. Liberty Executive Vice President, Chief Financial Officer 444.2K 716.1K 508.2K 86.0K 2.27M 31.49%
89 2013 Richard D. Fain Chairman and Chief Executive Officer 1.00M 3.37M 2.08M 127.9K 6.83M 49.34%
90 2013 Richard D. Fain Chairman & Chief Executive Officer 1.00M 2.08M 377.9K 6.83M 0.00%
91 2013 Adam M. Goldstein President and Chief Operating 771.2K 1.40M 1.02M 97.8K 3.43M 40.77%
92 2013 Adam M. Goldstein President and Chief Operating Officer 771.2K 1.02M 234.5K 3.43M 0.00%
93 2013 Brian J. Rice Vice Chairman and Chief Financial Officer 621.2K 1.01M 727.8K 95.8K 2.53M 39.91%
94 2013 Michael W. Bayley President and CEO, RCI 575.0K 658.9K 169.4K 2.17M 0.00%
95 2013 Michael W. Bayley President and CEO, Celebrity Cruises 575.0K 770.6K 658.9K 101.6K 2.17M 35.45%
96 2013 Harri U. Kulovaara Executive Vice President, Maritime 516.9K 150.0K 436.0K 261.7K 1.85M 0.00%
97 2013 Jason T. Liberty Chief Financial Officer 380.0K 364.3K 77.7K 1.22M 0.00%
98 2013 Jason T. Liberty Chief Financial Officer 380.0K 364.3K 103.4K 1.22M 0.00%
99 2012 Richard D. Fain Chairman and Chief Executive Officer 1.00M 3.25M 1.90M 125.8K 6.40M 50.80%
100 2012 Adam M. Goldstein President and CEO, Royal Caribbean International 750.0K 1.45M 906.7K 99.2K 3.27M 44.29%
101 2012 Brian J. Rice Vice Chairman and Chief Financial Officer 600.0K 975.0K 669.2K 120.3K 2.40M 40.58%
102 2012 Michael W. Bayley President and CEO, Celebrity Cruises 533.5K 500.0K 553.9K 90.5K 1.71M 29.23%
103 2012 Michael W. Bayley President and CEO, Celebrity Cruises 533.5K 500.0K 553.9K 90.5K 1.71M 29.23%
104 2012 Harri U. Kulovaara Executive Vice President, Maritime 500.0K 150.0K 450.0K 357.1K 69.2K 1.62M 27.82%
105 2011 Richard D. Fain Chairman and Chief Executive Officer 1.00M 2.44M 812.5K 1.45M 168.4K 5.87M 55.34%
106 2011 Adam M. Goldstein President and CEO, Royal Caribbean International 744.2K 1.09M 362.5K 894.7K 115.4K 3.20M 45.25%
107 2011 Daniel J. Hanrahan President and CEO, Celebrity Cruises 635.4K 750.0K 250.0K 671.9K 88.5K 2.40M 41.74%
108 2011 Brian J. Rice Vice Chairman and Chief Financial Officer 597.1K 731.3K 243.8K 566.1K 106.9K 2.25M 43.43%
109 2011 Brian J. Rice Executive Vice President and Chief Financial Officer 597.1K 731.3K 243.8K 566.1K 106.9K 2.25M 43.43%
110 2011 Harri U. Kulovaara Executive Vice President, Maritime 496.5K 150.0K 225.0K 225.0K 313.4K 79.4K 1.49M 30.21%
111 2011 Name and Principal Position 2.0K 2.0K 2.0K 2.0K 2.0K 2.0K 100.00%
112 2010 Richard D. Fain Chairman and Chief Executive Officer 1.00M 2.44M 812.5K 4.07M 173.1K 8.62M 37.72%
113 2010 Adam M. Goldstein President and CEO, Royal Caribbean International 700.0K 1.01M 337.5K 1.80M 112.6K 4.03M 33.53%
114 2010 Daniel J. Hanrahan President and CEO, Celebrity Cruises 600.0K 750.0K 250.0K 1.22M 83.5K 2.92M 34.19%
115 2010 Brian J. Rice Executive Vice President and Chief Financial Officer 575.0K 712.5K 237.5K 1.23M 93.7K 2.88M 32.94%
116 2010 Brian J. Rice Vice Chairman and Chief Financial Officer 575.0K 712.5K 237.5K 1.23M 93.7K 2.88M 32.94%
117 2010 Harri U. Kulovaara Executive Vice President, Maritime 470.0K 300.0K 225.0K 225.0K 602.4K 85.4K 1.98M 22.70%
118 2010 Name and Principal Position 2.0K 2.0K 2.0K 2.0K 2.0K 2.0K 100.00%
119 2009 Richard D. Fain Chairman and Chief Executive Officer 1.00M 2.15M 715.4K 1.18M 175.0K 5.42M 52.81%
120 2009 Adam M. Goldstein President and CEO, Royal Caribbean International 700.0K 937.5K 312.5K 532.4K 103.5K 2.70M 46.25%
121 2009 Daniel J. Hanrahan President and CEO, Celebrity Cruises 600.0K 712.5K 237.5K 723.0K 96.7K 2.43M 39.15%
122 2009 Brian J. Rice Executive Vice President and Chief Financial Officer 575.0K 675.0K 225.0K 434.7K 87.2K 2.05M 43.90%
123 2009 Harri U. Kulovaara Executive Vice President, Maritime 470.0K 300.0K 225.0K 225.0K 231.0K 91.2K 1.67M 26.88%
124 2008 Harri U. Kulovaara Executive Vice President, Maritime
125 2006 Richard D. Fain Chairman of the Board and Chief Executive Officer 1.02M 1.56M 324.5K 2.91M 113.8K 5.96M 31.59%
126 2006 Luis E. Leon Executive Vice President and Chief Financial Officer 538.9K 566.7K 267.3K 2.04M 3.42M 24.41%
127 2006 Adam M. Goldstein President and Chief Operating 570.2K 532.0K 126.9K 674.6K 88.5K 2.01M 32.70%
128 2006 Daniel J. Hanrahan President and CEO, Celebrity Cruises 492.8K 362.3K 123.0K 773.7K 66.9K 1.83M 26.50%
129 2006 Brian J. Rice Executive Vice President, Revenue Performance 440.4K 407.9K 129.1K 675.5K 69.1K 1.75M 30.78%
130 2006 Harri U. Kulovaara Executive Vice President, Maritime 361.8K 200.0K 173.8K 123.6K 362.6K 69.1K 1.32M 22.56%
131 2005 Richard D. Fain Chairman of the Board and Chief Executive Officer 950.0K 2.74M 900.0K 81.5K 4.68M 19.25%
132 2005 Luis E. Leon Executive Vice President and Chief Financial Officer 542.3K 980.0K 550.0K 51.7K 2.12M 25.90%
133 2005 Adam M. Goldstein President, Royal Caribbean International 511.5K 897.4K 600.0K 47.1K 2.06M 29.18%
134 2005 Brian J. Rice Executive Vice President, Revenue Performance 327.3K 548.4K 450.0K 44.6K 1.37M 32.84%
135 2005 Daniel J. Hanrahan President and CEO, Celebrity Cruises 410.4K 568.9K 337.5K 42.1K 1.36M 24.84%
136 2004 Richard D. Fain Chairman of the Board and Chief Executive Officer 986.5K 2.12M 900.0K 81.4K 4.09M 22.02%
137 2004 Jack L. Williams President and Chief Operating Officer 895.7K 1.19M 1.13M 55.3K 3.27M 34.43%
138 2004 Luis E. Leon Executive Vice President and Chief Financial Officer 508.7K 743.3K 1.05M 48.9K 2.35M 44.66%
139 2004 Adam M. Goldstein President, Royal Caribbean International 430.8K 453.8K 700.0K 44.5K 1.63M 42.97%
140 2004 Brian J. Rice Executive Vice President, Revenue Performance 287.0K 233.8K 450.0K 37.8K 1.01M 44.62%
141 2003 Richard D. Fain Chairman of the Board and Chief Executive Officer 950.0K 518.9K 79.5K 1.55M 0.00%
142 2003 Jack L. Williams President and Chief Operating Officer 862.5K 386.8K 52.9K 1.30M 0.00%
143 2003 Adam M. Goldstein President, Royal Caribbean International 400.0K 165.6K 43.7K 609.3K 0.00%
144 2003 Luis E. Leon Executive Vice President and Chief Financial Officer 173.6K 254.8K 9.8K 438.3K 0.00%
145 2003 Brian J. Rice Executive Vice President, Revenue Performance 274.5K 100.1K 36.3K 411.0K 0.00%
146 2002 Richard D. Fain Chairman of the Board and Chief Executive Officer 950.0K 1.23M 50.2K 2.23M 0.00%
147 2002 Jack L. Williams President and Chief Operating Officer 801.2K 815.5K 31.7K 1.65M 0.00%
148 2002 Adam M. Goldstein President, Royal Caribbean International 327.0K 250.0K 39.6K 616.6K 0.00%
149 2002 Brian J. Rice Executive Vice President, Revenue Performance 260.7K 142.6K 31.3K 434.5K 0.00%
150 2002 Luis E. Leon Executive Vice President and Chief Financial Officer
CEO compensation breakdown

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2026-04-17 DEFA14A
2026-04-17 DEF 14A
2025-04-18 DEFA14A
2025-04-18 DEF 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-04-30 SC 13G
2026-04-30 8-K
2026-04-30 10-Q
2026-04-17 DEFA14A
2026-04-17 DEF 14A
2026-04-17 ARS
2026-03-27 SC 13G/A
2026-03-03 4
2026-02-27 8-K
2026-02-27 4

Executive team

NameTitleCompensationGender
Jason T. Liberty Chief Executive Officer & Chairman 8M male
Michael W. Bayley President & Chief Executive Officer of Royal Caribbean International 4M male
Naftali Holtz Executive VP & CFO 3M male
Harri U. Kulovaara Executive Vice President of Newbuilding 3M male
Laura J. Hodges Bethge President of Celebrity Cruises 3M female
Martha Cecilia Poulter Senior Vice President & Chief Information Officer female
Mona Foo Head of Business Development female
Palle Laursen Executive Vice President & Head of Marine male
Blake Vanier Vice President of Investor Relations male
Robert Alexander Lake Jr. Senior Vice President, Chief Legal Officer & Secretary male
Calvin Barksdale Johnson Global Head of Public Health & Chief Medical Officer
Dana Ritzcovan Executive Vice President and Chief People & Administrative Officer female
ESG Rating
B
TRAVEL SERVICES
2020
E (Environmental)
55.7 / 60.2
Company / Sector avg.
S (Social)
64.0 / 66.9
Company / Sector avg.
G (Governance)
68.8 / 62.1
Company / Sector avg.
ESG Total
62.9 / 63.1
Company / Sector avg.
ESG Score History TRAVEL SERVICES
Benchmark vs Sector
Political Trading Activity (25M)
Senate Trading Activity
Transaction Date Disclosed Senator State Owner Type Amount Link
2018-05-17 2018-06-09 Shelley Moore Capito WV Spouse Sale (Full) $1,001 - $15,000
2017-09-08 2017-10-06 Shelley Moore Capito WV Spouse Purchase $1,001 - $15,000
House Trading Activity
Transaction Date Disclosed Representative District Owner Type Amount Link
2025-12-31 2026-01-15 Dan Newhouse WA04 Spouse Purchase $1,001 - $15,000
2025-04-08 2025-05-08 Rob Bresnahan PA08 Purchase $1,001 - $15,000
2025-03-24 2025-04-23 George Whitesides CA27 Sale (Full) $100,001 - $250,000
2024-03-20 2024-04-05 Ro Khanna CA17 Spouse Purchase $1,001 - $15,000
2024-02-13 2024-03-06 Ro Khanna CA17 Spouse Sale $1,001 - $15,000
2024-01-10 2024-02-05 Ro Khanna CA17 Spouse Purchase $1,001 - $15,000
2023-09-13 2023-10-10 Susie Lee NV03 Joint Sale (Full) $1,001 - $15,000
2023-04-25 2023-05-08 Ro Khanna CA17 Purchase $1,001 - $15,000
2022-08-01 2022-09-08 Ro Khanna CA17 Sale $1,001 - $15,000
2022-06-27 2022-07-07 Ro Khanna CA17 Purchase $1,001 - $15,000
2022-05-23 2022-06-10 Ro Khanna CA17 Spouse Sale $1,001 - $15,000
2022-05-10 2022-06-10 Ro Khanna CA17 Sale $1,001 - $15,000
2022-05-05 2022-06-10 Ro Khanna CA17 Spouse Purchase $1,001 - $15,000
2022-04-21 2022-05-06 Ro Khanna CA17 Purchase $1,001 - $15,000
2022-02-14 2022-03-08 Ro Khanna CA17 Sale $1,001 - $15,000
2020-04-02 2020-05-07 Dean Phillips MN03 Purchase $1,001 - $15,000
2020-03-18 2020-04-16 Gilbert Cisneros CA31 -- Purchase $1,001 - $15,000
2020-02-11 2020-03-13 Susan A. Davis CA53 Spouse Sale (Partial) $1,001 - $15,000
2019-10-31 2019-11-22 Susan A. Davis CA53 Sale (Partial) $1,001 - $15,000
2018-07-18 2018-08-13 Thomas J. Rooney Fl17 Purchase $15,001 - $50,000
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits