Royal Caribbean Group is a cruise company. Co. owns and operates three global cruise brands: Royal Caribbean International, Celebrity Cruises and Silversea Cruises (collectively, Global Brands). Co. also owns a joint venture interest in TUI Cruises GmbH, which operates the German brands TUI Cruises and Hapag-Lloyd Cruises (collectively, Partner Brands). Co.'s Global Brands and its Partner Brands have ships in the cruise vacation industry. Co.'s ships provide worldwide itineraries that call on several continents. Co. handles various travel aspects related to guest reservations and transportation, including facilitating guest pre- and post-hotel stay arrangements and air transportation. We show 57 historical shares outstanding datapoints in our RCL shares outstanding history coverage, used to compute RCL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing Royal Caribbean Group market cap history over the course of time is important for investors
interested in comparing Royal Caribbean Group's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of Royal Caribbean Group versus a peer is one thing; comparing
Royal Caribbean Group market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like Royal Caribbean Group can fluctuate over the course of history.
With this page we aim to empower investors researching Royal Caribbean Group by allowing them to research the Royal Caribbean Group market cap history. |
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Video: The Importance of Market Cap
