Royal Caribbean Group reported second quarter 2025 Adjusted EPS of $4.38, exceeding its guidance, driven by strong close-in demand, lower costs, and outperformance from TUI Cruises. Net Income for the quarter was $1.2 billion, or $4.41 per share, compared to $0.9 billion, or $3.11 per share, in Q2 2024.
Total revenues reached $4.5 billion, with Net Yields increasing 5.2% in constant currency compared to Q2 2024, and a load factor of 110%. The company raised its full year 2025 Adjusted EPS guidance to $15.41 to $15.55, reflecting stronger Q2 performance and continued favorability.
For the third quarter of 2025, Adjusted EPS is guided between $5.55 and $5.65. The company's liquidity position stood at $7.1 billion as of June 30, 2025, and it received investment grade ratings from all three major credit rating agencies during the first half of the year, underscoring its robust financial health.
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