With a market cap of $82.1 billion, Royal Caribbean Cruises Ltd. (RCL) is a global cruise vacation company and one of the largest players in the industry. The Miami, Florida-based company operates three wholly owned brands, Royal Caribbean, Celebrity Cruises, and Silversea, and also owns a 50% stake in TUI Cruises, which operates TUI Cruises and Hapag-Lloyd Cruises.
Royal Caribbean has had a rougher ride than the broader market over the past year. RCL stock has declined 1.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 20.2%. However, the stock has gained 10.4% YTD, narrowing the gap with the benchmark’s 13.2% return.