v3.26.3
Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Share
A reconciliation between basic and diluted earnings per share is as follows (in millions, except per share data):
Quarter Ended September 30,Nine Months Ended September 30,
2026202520262025
Net Income attributable to Royal Caribbean Cruises Ltd. for basic earnings per share$1,728 $1,575 $3,798 $3,514 
Add convertible notes interest and inducement expense— — — 16 
Net Income attributable to Royal Caribbean Cruises Ltd. for diluted earnings per share$1,728 $1,575 $3,798 $3,530 
Weighted-average common shares outstanding267 272 268 271 
Dilutive effect of stock-based awards1 1 1 1 
Dilutive effect of convertible notes— 1 — 3 
Diluted weighted-average shares outstanding268 274 269 275 
Basic earnings per share$6.46 $5.79 $14.15 $12.97 
Diluted earnings per share$6.45 $5.74 $14.12 $12.83