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With a market valuation of $66 billion, Royal Caribbean Cruises Ltd. (RCL) is a cruise line that offers a variety of itineraries under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands. The Miami, Florida-based company primarily serves the contemporary, premium, and deluxe segments of the cruise vacation industry, which also includes the budget and luxury segments.
Companies worth $10 billion or more are generally described as “large-cap” stocks, and RCL fits right into that category with its market cap exceeding this threshold. The cruise holding company offers itineraries covering more than 270 destinations across over 60 countries and is renowned for its onboard thrills, dining options, entertainment, and world-class accommodations.