Discounted Cash Flow
Royal Caribbean Cruises Ltd.
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $8.5b | $1.3b | $22.3m | 15.1% | $5.96 |
| 2017 | $8.8b (3.3%) | $1.6b (26.6%) | $2.3b (10248.1%) | 18.5% (22.6%) | $7.57 (27.0%) |
| 2018 | $9.5b (8.2%) | $1.8b (11.4%) | $-180.9m (-107.8%) | 19.1% (3.0%) | $8.60 (13.6%) |
| 2019 | $11.0b (15.3%) | $1.9b (3.7%) | $691.7m (482.4%) | 17.2% (-10.1%) | $8.97 (4.3%) |
| 2020 | $2.2b (-79.8%) | $-5.8b (-408.6%) | $-5.7b (-923.6%) | -262.5% (-1629.7%) | $-27.05 (-401.6%) |
| 2021 | $1.5b (-30.6%) | $-5.3b (9.3%) | $-4.1b (27.9%) | -343.3% (-30.8%) | $-20.89 (22.8%) |
| 2022 | $8.8b (477.0%) | $-2.2b (59.0%) | $-2.2b (45.8%) | -24.4% (92.9%) | $-8.45 (59.6%) |
| 2023 | $13.9b (57.2%) | $1.7b (178.7%) | $580.0m (126.0%) | 12.2% (150.1%) | $6.63 (178.5%) |
| 2024 | $16.5b (18.6%) | $2.9b (69.5%) | $2.0b (244.3%) | 17.5% (43.0%) | $11.00 (65.9%) |
| 2025 | $17.9b (8.8%) | $4.3b (48.3%) | $1.2b (-38.1%) | 23.8% (36.3%) | $15.75 (43.2%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
Values abbreviated: b = billions, m = millions, k = thousands.
Projected cash flows
| Year | Projected cash flow | Discount Factor | Present Value |
|---|
PV of projected FCF: —
Terminal FCF: —
Terminal value: —
PV of terminal value: —
Enterprise value (DCF): —
Current price: —
—Alternative DCF Models
| Model | Fair Value | Upside | PV(FCFs) | PV(Terminal) | Total Years |
|---|---|---|---|---|---|
| Standard (10yr→TV) | — | — | — | — | 10 + TV |
| Alt A (Gradual Decline) | — | — | — | — | — |
| Alt B (30yr Hard Stop) | — | — | — | N/A | — |
This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.