Royal Caribbean Cruises .(US:RCL)2025-04-29 15:13Q1 2025 Performance Highlights - Load Factor reached 109%[8] - Net Yield Growth vs 2024 was 56% in Constant Currency[8] - NCCx Growth vs 2024 was 01% in Constant Currency[8] - Adjusted EBITDA reached $14 billion, a 20% increase compared to 2024[8] - Adjusted EBITDA Margin was 351%[8] - Adjusted Earnings Per Share was $271, a 35% increase compared to 2024[8] - Operating Cash Flow reached $16 billion[8] FY 2025 Guidance - APCDs are projected to be 533 million[10] - Net Yield Growth vs 2024 is expected to be between 26% and 46% in Constant Currency[10] - NCCx Growth vs 2024 is projected to be between (01)% and 09% in Constant Currency[10] - Fuel expenses are estimated to be approximately $114 billion[10] - Adjusted Earnings Per Share are projected to be between $1455 and $1555[10] Q2 2025 Guidance - APCDs are projected to be 129 million[14] - Net Yield Growth vs 2024 is expected to be between 43% and 48% in Constant Currency[14] - NCCx Growth vs 2024 is projected to be between 37% and 42% in Constant Currency[14] - Fuel expenses are estimated to be approximately $286 million[14] - Adjusted Earnings Per Share are projected to be between $400 and $410[14]