Royal Caribbean raises 2025 adjusted EPS guidance to $15.58-$15.63 after Q3 beat
Royal Caribbean Group reported third-quarter 2025 net income of $1.6 billion, or $5.74 per share, up from $1.1 billion, or $4.21 per share, a year earlier. Adjusted EPS was $5.75 versus $5.20 a year earlier, and the company raised its full-year 2025 adjusted EPS guidance to $15.58 to $15.63, about 32% year-over-year growth. The company also raised its quarterly dividend 33% to $1.00 per share and expects fourth-quarter adjusted EPS of $2.74 to $2.79.
Key points
- Q3 2025 total revenues were $5.1 billion, up from $4.9 billion a year earlier; net income was $1.6 billion, or $5.74 per share.
- Full-year 2025 adjusted EPS guidance was set at $15.58 to $15.63; fourth-quarter adjusted EPS guidance is $2.74 to $2.79.
- The board raised the quarterly dividend 33% to $1.00 per common share in September.
- In October 2025 the company issued $1.5 billion of 5.375% senior unsecured notes due 2036.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:21 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 28, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.