Key Statistics

Overview

2018

Type Q1 Q2 Q3 Q4 YTD
Revenues $2,027,756 $2,337,605 Type : Revenues Q1 : $2,027,756 Q2 : $2,337,605 Q3 :  Q4 :  YTD : 
Gross Yield Change 5.08% 3.65% Type : Gross Yield Change Q1 : 5.08% Q2 : 3.65% Q3 :  Q4 :  YTD : 
Net Yield Change 7.04% 3.82% Type : Net Yield Change Q1 : 7.04% Q2 : 3.82% Q3 :  Q4 :  YTD : 
Operating Expenses $1,176,019 $1,314,411 Type : Operating Expenses Q1 : $1,176,019 Q2 : $1,314,411 Q3 :  Q4 :  YTD : 
Gross Cruise Costs $1,522,618 $1,611,408 Type : Gross Cruise Costs Q1 : $1,522,618 Q2 : $1,611,408 Q3 :  Q4 :  YTD : 
Net Cruise Costs $1,132,472 $1,110,863 Type : Net Cruise Costs Q1 : $1,132,472 Q2 : $1,110,863 Q3 :  Q4 :  YTD : 
Operating Income $274,146 $456,895 Type : Operating Income Q1 : $274,146 Q2 : $456,895 Q3 :  Q4 :  YTD : 
Net Income as Reported $218,653 $466,295 Type : Net Income as Reported Q1 : $218,653 Q2 : $466,295 Q3 :  Q4 :  YTD : 
Earnings per Share (Diluted) $1.02 $2.19 Type : Earnings per Share (Diluted) Q1 : $1.02 Q2 : $2.19 Q3 :  Q4 :  YTD : 
Dividend per common share $0.60 $0.60 Type : Dividend per common share Q1 : $0.60 Q2 : $0.60 Q3 :  Q4 :  YTD : 
Earnings release date 26-Apr-2018 02-Aug-2018 Type : Earnings release date Q1 : 26-Apr-2018 Q2 : 02-Aug-2018 Q3 :  Q4 :  YTD : 
Historical Financial Information

2017

Type Q1 Q2 Q3 Q4 YTD
Revenues $2,008,560 $2,195,274 $2,569,544 $2,004,467 $8,777,845 Type : Revenues Q1 : $2,008,560 Q2 : $2,195,274 Q3 : $2,569,544 Q4 : $2,004,467 YTD : $8,777,845
Gross Yield Change 3.75% 8.74% 6.23% 5.61% 5.87% Type : Gross Yield Change Q1 : 3.75% Q2 : 8.74% Q3 : 6.23% Q4 : 5.61% YTD : 5.87%
Net Yield Change 5.92% 9.89% 5.89% 5.52% 6.54% Type : Net Yield Change Q1 : 5.92% Q2 : 9.89% Q3 : 5.89% Q4 : 5.52% YTD : 6.54%
Operating Expenses $1,175,824 $1,256,785 $1,318,269 $1,145,701 $4,896,579 Type : Operating Expenses Q1 : $1,175,824 Q2 : $1,256,785 Q3 : $1,318,269 Q4 : $1,145,701 YTD : $4,896,579
Gross Cruise Costs $1,493,289 $1,540,640 $1,591,906 $1,456,760 $6,082,595 Type : Gross Cruise Costs Q1 : $1,493,289 Q2 : $1,540,640 Q3 : $1,591,906 Q4 : $1,456,760 YTD : $6,082,595
Net Cruise Costs $1,077,047 $1,067,872 $1,025,268 $1,053,686 $4,223,873 Type : Net Cruise Costs Q1 : $1,077,047 Q2 : $1,067,872 Q3 : $1,025,268 Q4 : $1,053,686 YTD : $4,223,873
Operating Income $279,522 $419,697 $737,488 $307,349 $1,744,056 Type : Operating Income Q1 : $279,522 Q2 : $419,697 Q3 : $737,488 Q4 : $307,349 YTD : $1,744,056
Net Income as Reported $214,726 $369,526 $752,842 $288,039 $1,625,133 Type : Net Income as Reported Q1 : $214,726 Q2 : $369,526 Q3 : $752,842 Q4 : $288,039 YTD : $1,625,133
Earnings per Share (Diluted) $0.99 $1.71 $3.49 $1.34 $7.53 Type : Earnings per Share (Diluted) Q1 : $0.99 Q2 : $1.71 Q3 : $3.49 Q4 : $1.34 YTD : $7.53
Dividend per common share $0.48 $0.48 $0.60 $0.60 $2.16 Type : Dividend per common share Q1 : $0.48 Q2 : $0.48 Q3 : $0.60 Q4 : $0.60 YTD : $2.16
Earnings release date 28-Apr-2017 1-Aug-17 7-Nov-17 24-Jan-18 Type : Earnings release date Q1 : 28-Apr-2017 Q2 : 1-Aug-17 Q3 : 7-Nov-17 Q4 : 24-Jan-18 YTD : 

2016

Type Q1 Q2 Q3 Q4 YTD
Revenues $1,917,795 $2,105,262 $2,563,741 $1,909,603 $8,496,401 Type : Revenues Q1 : $1,917,795 Q2 : $2,105,262 Q3 : $2,563,741 Q4 : $1,909,603 YTD : $8,496,401
Gross Yield Change 0.88% -3.12% -1.52% 0.62% -0.86% Type : Gross Yield Change Q1 : 0.88% Q2 : -3.12% Q3 : -1.52% Q4 : 0.62% YTD : -0.86%
Net Yield Change 3.44% -0.46% 0.43% 3.39% 1.57% Type : Net Yield Change Q1 : 3.44% Q2 : -0.46% Q3 : 0.43% Q4 : 3.39% YTD : 1.57%
Operating Expenses $1,241,578 $1,310,587 $1,340,123 $1,123,251 $5,015,539 Type : Operating Expenses Q1 : $1,241,578 Q2 : $1,310,587 Q3 : $1,340,123 Q4 : $1,123,251 YTD : $5,015,539
Gross Cruise Costs $1,543,599 $1,596,944 $1,597,553 $1,377,733 $6,115,829 Type : Gross Cruise Costs Q1 : $1,543,599 Q2 : $1,596,944 Q3 : $1,597,553 Q4 : $1,377,733 YTD : $6,115,829
Net Cruise Costs $1,112,564 $1,125,344 $1,036,733 $993,268 $4,273,995 Type : Net Cruise Costs Q1 : $1,112,564 Q2 : $1,125,344 Q3 : $1,036,733 Q4 : $993,268 YTD : $4,273,995
Operating Income $163,127 $282,273 $734,963 $296,842 $1,477,205 Type : Operating Income Q1 : $163,127 Q2 : $282,273 Q3 : $734,963 Q4 : $296,842 YTD : $1,477,205
Net Income as Reported $99,140 $229,905 $693,257 $261,086 $1,283.388 Type : Net Income as Reported Q1 : $99,140 Q2 : $229,905 Q3 : $693,257 Q4 : $261,086 YTD : $1,283.388
Earnings per Share (Diluted) $0.46 $1.06 $3.21 $1.21 $5.93 Type : Earnings per Share (Diluted) Q1 : $0.46 Q2 : $1.06 Q3 : $3.21 Q4 : $1.21 YTD : $5.93
Dividend per common share $0.375 $0.375 $0.48 $0.48 $1.71 Type : Dividend per common share Q1 : $0.375 Q2 : $0.375 Q3 : $0.48 Q4 : $0.48 YTD : $1.71
Earnings release date 29-Apr-16 02-Aug-16 28-Oct-16 26-Jan-17 Type : Earnings release date Q1 : 29-Apr-16 Q2 : 02-Aug-16 Q3 : 28-Oct-16 Q4 : 26-Jan-17 YTD : 

2015

Type Q1 Q2 Q3 Q4 YTD
Revenues $1,815,599 $2,058,322 $2,523,100 $1,902,053 $8,299,074 Type : Revenues Q1 : $1,815,599 Q2 : $2,058,322 Q3 : $2,523,100 Q4 : $1,902,053 YTD : $8,299,074
Gross Yield Change -7.15% -1.02% -1.05% -1.36% -2.46% Type : Gross Yield Change Q1 : -7.15% Q2 : -1.02% Q3 : -1.05% Q4 : -1.36% YTD : -2.46%
Net Yield Change -5.39% -0.16% 0.18% 0.56% -1.01% Type : Net Yield Change Q1 : -5.39% Q2 : -0.16% Q3 : 0.18% Q4 : 0.56% YTD : -1.01%
Operating Expenses $1,222,617 $1,316,409 $1,387,026 $1,173,341 $5,099,393 Type : Operating Expenses Q1 : $1,222,617 Q2 : $1,316,409 Q3 : $1,387,026 Q4 : $1,173,341 YTD : $5,099,393
Gross Cruise Costs $1,509,449 $1,590,557 $1,643,086 $1,442,805 $6,185,897 Type : Gross Cruise Costs Q1 : $1,509,449 Q2 : $1,590,557 Q3 : $1,643,086 Q4 : $1,442,805 YTD : $6,185,897
Net Cruise Costs $1,068,792 $1,087,617 $1,054,716 $1,020,890 $4,232,015 Type : Net Cruise Costs Q1 : $1,068,792 Q2 : $1,087,617 Q3 : $1,054,716 Q4 : $1,020,890 YTD : $4,232,015
Operating Income $105,682 $261,297 $258,005 $249,918 $874,902 Type : Operating Income Q1 : $105,682 Q2 : $261,297 Q3 : $258,005 Q4 : $249,918 YTD : $874,902
Net Income as Reported $45,230 $184,967 $228,787 $206,799 $665,783 Type : Net Income as Reported Q1 : $45,230 Q2 : $184,967 Q3 : $228,787 Q4 : $206,799 YTD : $665,783
Earnings per Share (Diluted) $0.20 $0.84 $1.03 $0.94 3.02 Type : Earnings per Share (Diluted) Q1 : $0.20 Q2 : $0.84 Q3 : $1.03 Q4 : $0.94 YTD : 3.02
Dividend per common share $0.30 $0.30 $0.375 $0.375 $1.35 Type : Dividend per common share Q1 : $0.30 Q2 : $0.30 Q3 : $0.375 Q4 : $0.375 YTD : $1.35
Earnings release date 20-Apr-15 31-Jul-15 23-Oct-15 02-Feb-16 Type : Earnings release date Q1 : 20-Apr-15 Q2 : 31-Jul-15 Q3 : 23-Oct-15 Q4 : 02-Feb-16 YTD : 

2014

Type Q1 Q2 Q3 Q4 YTD
Revenues $1,887,224 $1,980,043 $2,388,762 $1,817,826 $8,073,855 Type : Revenues Q1 : $1,887,224 Q2 : $1,980,043 Q3 : $2,388,762 Q4 : $1,817,826 YTD : $8,073,855
Gross Yield Change -1.78% 0.65% 1.01% -4.01% -0.90% Type : Gross Yield Change Q1 : -1.78% Q2 : 0.65% Q3 : 1.01% Q4 : -4.01% YTD : -0.90%
Net Yield Change -2.69% 2.41% 4.95% 0.37% 1.44% Type : Net Yield Change Q1 : -2.69% Q2 : 2.41% Q3 : 4.95% Q4 : 0.37% YTD : 1.44%
Operating Expenses $1,303,980 $1,330,674 $1,426,882 $1,244,745 $5,306,281 Type : Operating Expenses Q1 : $1,303,980 Q2 : $1,330,674 Q3 : $1,426,882 Q4 : $1,244,745 YTD : $5,306,281
Gross Cruise Costs $1,594,287 $1,591,662 $1,666,544 $1,502,740 $6,355,233 Type : Gross Cruise Costs Q1 : $1,594,287 Q2 : $1,591,662 Q3 : $1,666,544 Q4 : $1,502,740 YTD : $6,355,233
Net Cruise Costs $1,092,302 $1,086,314 $1,068,329 $1,068,526 $4,315,471 Type : Net Cruise Costs Q1 : $1,092,302 Q2 : $1,086,314 Q3 : $1,068,329 Q4 : $1,068,526 YTD : $4,315,471
Operating Income $97,466 $195,587 $529,462 $119,344 $941,859 Type : Operating Income Q1 : $97,466 Q2 : $195,587 Q3 : $529,462 Q4 : $119,344 YTD : $941,859
Net Income as Reported $26,457 $137,673 $490,248 $109,768 $764,146 Type : Net Income as Reported Q1 : $26,457 Q2 : $137,673 Q3 : $490,248 Q4 : $109,768 YTD : $764,146
Earnings per Share (Diluted) $0.12 $0.62 $2.19 $0.49 $3.43 Type : Earnings per Share (Diluted) Q1 : $0.12 Q2 : $0.62 Q3 : $2.19 Q4 : $0.49 YTD : $3.43
Dividend per common share $0.25 $0.25 $0.30 $0.30 $1.10 Type : Dividend per common share Q1 : $0.25 Q2 : $0.25 Q3 : $0.30 Q4 : $0.30 YTD : $1.10
Earnings release date 25-Apr-14 24-Jul-14 23-Oct-14 29-Jan-15 Type : Earnings release date Q1 : 25-Apr-14 Q2 : 24-Jul-14 Q3 : 23-Oct-14 Q4 : 29-Jan-15 YTD : 

2013

Type Q1 Q2 Q3 Q4 YTD
Revenues $1,911,220 $1,882,767 $2,311,749 $1,854,158 $7,959,894 Type : Revenues Q1 : $1,911,220 Q2 : $1,882,767 Q3 : $2,311,749 Q4 : $1,854,158 YTD : $7,959,894
Gross Yield Change 2.60% 2.67% 2.79% 2.69% 2.72% Type : Gross Yield Change Q1 : 2.60% Q2 : 2.67% Q3 : 2.79% Q4 : 2.69% YTD : 2.72%
Net Yield Change 0.41% -0.42% -1.52% 2.45% 2.33% Type : Net Yield Change Q1 : 0.41% Q2 : -0.42% Q3 : -1.52% Q4 : 2.45% YTD : 2.33%
Operating Expenses $1,282,190 $1,323,619 $1,416,801 $1,282,660 $5,305,270 Type : Operating Expenses Q1 : $1,282,190 Q2 : $1,323,619 Q3 : $1,416,801 Q4 : $1,282,660 YTD : $5,305,270
Gross Cruise Costs $1,556,224 $1,581,567 $1,666,755 $1,545,543 $6,350,089 Type : Gross Cruise Costs Q1 : $1,556,224 Q2 : $1,581,567 Q3 : $1,666,755 Q4 : $1,545,543 YTD : $6,350,089
Net Cruise Costs $1,076,829 $1,075,155 $1,042,435 $1,047,596 $4,242,015 Type : Net Cruise Costs Q1 : $1,076,829 Q2 : $1,075,155 Q3 : $1,042,435 Q4 : $1,047,596 YTD : $4,242,015
Operating Income $165,632 $113,338 $444,209 $74,969 $798,148 Type : Operating Income Q1 : $165,632 Q2 : $113,338 Q3 : $444,209 Q4 : $74,969 YTD : $798,148
Net Income as Reported $76,226 $24,747 $365,701 $7,018 $473,692 Type : Net Income as Reported Q1 : $76,226 Q2 : $24,747 Q3 : $365,701 Q4 : $7,018 YTD : $473,692
Earnings per Share (Diluted) $0.35 $0.11 $1.65 $0.03 $2.14 Type : Earnings per Share (Diluted) Q1 : $0.35 Q2 : $0.11 Q3 : $1.65 Q4 : $0.03 YTD : $2.14
Dividend per common share $0.12 $0.12 $0.25 $0.25 $0.74 Type : Dividend per common share Q1 : $0.12 Q2 : $0.12 Q3 : $0.25 Q4 : $0.25 YTD : $0.74
Earnings release date 25-Apr-13 25-Jul-13 24-Oct-13 27-Jan-14 Type : Earnings release date Q1 : 25-Apr-13 Q2 : 25-Jul-13 Q3 : 24-Oct-13 Q4 : 27-Jan-14 YTD : 

2012

Type Q1 Q2 Q3 Q4 YTD
Revenues $1,834,480 $1,821,004 $2,226,390 $1,806,150 $7,688,024 Type : Revenues Q1 : $1,834,480 Q2 : $1,821,004 Q3 : $2,226,390 Q4 : $1,806,150 YTD : $7,688,024
Gross Yield Change 7.08% 1.21% -4.18% 0.29% 0.58% Type : Gross Yield Change Q1 : 7.08% Q2 : 1.21% Q3 : -4.18% Q4 : 0.29% YTD : 0.58%
Net Yield Change 6.39% 1.83% -2.41% -3.03% 1.34% Type : Net Yield Change Q1 : 6.39% Q2 : 1.83% Q3 : -2.41% Q4 : -3.03% YTD : 1.34%
Operating Expenses $1,255,112 $1,296,014 $1,348,325 $1,257,983 $5,157,434 Type : Operating Expenses Q1 : $1,255,112 Q2 : $1,296,014 Q3 : $1,348,325 Q4 : $1,257,983 YTD : $5,157,434
Gross Cruise Costs $1,519,713 $1,543,585 $1,592,202 $1,513,477 $6,168,977 Type :  Gross Cruise Costs Q1 : $1,519,713 Q2 : $1,543,585 Q3 : $1,592,202 Q4 : $1,513,477 YTD : $6,168,977
Net Cruise Costs $1,091,380 $1,104,907 $1,059,746 $1,094,236 $4,350,269 Type : Net Cruise Costs Q1 : $1,091,380 Q2 : $1,104,907 Q3 : $1,059,746 Q4 : $1,094,236 YTD : $4,350,269
Operating Income (Loss) $135,375 $96,905 $452,137 ($281,307) $403,110 Type : Operating Income (Loss) Q1 : $135,375 Q2 : $96,905 Q3 : $452,137 Q4 : ($281,307) YTD : $403,110
Net Income (Loss) as Reported $46,964 ($3,653) $367,779 ($392,803) $18,287 Type : Net Income (Loss) as Reported Q1 : $46,964 Q2 : ($3,653) Q3 : $367,779 Q4 : ($392,803) YTD : $18,287
Earnings per Share (Diluted) $0.21 ($0.02) $1.68 ($1.80) $0.08 Type : Earnings per Share (Diluted) Q1 : $0.21 Q2 : ($0.02) Q3 : $1.68 Q4 : ($1.80) YTD : $0.08
Dividend per common share $0.10 $0.10 $0.12 $0.12 $0.44 Type : Dividend per common share Q1 : $0.10 Q2 : $0.10 Q3 : $0.12 Q4 : $0.12 YTD : $0.44
Earnings release date 20-Apr-12 26-Jul-12 28-Dec-12 4-Feb-13 Type : Earnings release date Q1 : 20-Apr-12 Q2 : 26-Jul-12 Q3 : 28-Dec-12 Q4 : 4-Feb-13 YTD : 

2011

Type Q1 Q2 Q3 Q4 YTD
Revenues $1,671,995 $1,767,873 $2,321,994 $1,775,401 $7,537,263 Type : Revenues Q1 : $1,671,995 Q2 : $1,767,873 Q3 : $2,321,994 Q4 : $1,775,401 YTD : $7,537,263
Gross Yield Change 2.18% 3.59% 6.03% 3.15% 3.81% Type : Gross Yield Change Q1 : 2.18% Q2 : 3.59% Q3 : 6.03% Q4 : 3.15% YTD : 3.81%
Net Yield Change 4.00% 3.76% 5.27% 3.23% 0.85% Type : Net Yield Change Q1 : 4.00% Q2 : 3.76% Q3 : 5.27% Q4 : 3.23% YTD : 0.85%
Operating Expenses $1,101,071 $1,185,375 $1,405,300 $1,250,861 $4,942,607 Type : Operating Expenses Q1 : $1,101,071 Q2 : $1,185,375 Q3 : $1,405,300 Q4 : $1,250,861 YTD : $4,942,607
Gross Cruise Costs $1,349,209 $1,427,633 $1,637,061 $1,489,306 $5,903,209 Type : Gross Cruise Costs Q1 : $1,349,209 Q2 : $1,427,633 Q3 : $1,637,061 Q4 : $1,489,306 YTD : $5,903,209
Net Cruise Costs $967,170 $993,521 $1,049,783 $1,057,521 $4,067,995 Type : Net Cruise Costs Q1 : $967,170 Q2 : $993,521 Q3 : $1,049,783 Q4 : $1,057,521 YTD : $4,067,995
Operating Income $149,534 $168,190 $507,742 $106,162 $931,628 Type : Operating Income Q1 : $149,534 Q2 : $168,190 Q3 : $507,742 Q4 : $106,162 YTD : $931,628
Net Income as Reported $78,410 $93,491 $398,958 $36,562 $607,421 Type : Net Income as Reported Q1 : $78,410 Q2 : $93,491 Q3 : $398,958 Q4 : $36,562 YTD : $607,421
Earnings per Share (Diluted) $0.36 $0.43 $1.82 $0.17 $2.77 Type : Earnings per Share (Diluted) Q1 : $0.36 Q2 : $0.43 Q3 : $1.82 Q4 : $0.17 YTD : $2.77
Dividend per common share $0.00 $0.00 $0.10 $0.10 $0.20 Type : Dividend per common share Q1 : $0.00 Q2 : $0.00 Q3 : $0.10 Q4 : $0.10 YTD : $0.20
Earnings release date 28-Apr-11 28-Jul-11 27-Oct-11 02-Feb-12 Type : Earnings release date Q1 : 28-Apr-11 Q2 : 28-Jul-11 Q3 : 27-Oct-11 Q4 : 02-Feb-12 YTD : 

2010

Type Q1 Q2 Q3 Q4 YTD
Revenues $1,485,650 $1,601,697 $2,060,659 $1,604,498 $6,752,504 Type : Revenues Q1 : $1,485,650 Q2 : $1,601,697 Q3 : $2,060,659 Q4 : $1,604,498 YTD : $6,752,504
Gross Yield Change 2.77% 3.65% 3.64% 2.06% 3.19% Type : Gross Yield Change Q1 : 2.77% Q2 : 3.65% Q3 : 3.64% Q4 : 2.06% YTD : 3.19%
Net Yield Change 2.59% 4.90% 5.23% 3.19% 4.17% Type : Net Yield Change Q1 : 2.59% Q2 : 4.90% Q3 : 5.23% Q4 : 3.19% YTD : 4.17%
Operating Expenses $1,025,275 $1,086,187 $1,239,625 $1,106,989 $4,458,076 Type : Operating Expenses Q1 : $1,025,275 Q2 : $1,086,187 Q3 : $1,239,625 Q4 : $1,106,989 YTD : $4,458,076
Gross Cruise Costs $1,236,323 $1,297,982 $1,452,925 $1,318,925 $5,306,155 Type : Gross Cruise Costs Q1 : $1,236,323 Q2 : $1,297,982 Q3 : $1,452,925 Q4 : $1,318,925 YTD : $5,306,155
Net Cruise Costs $876,738 $902,652 $942,935 $927,744 $3,650,069 Type : Net Cruise Costs Q1 : $876,738 Q2 : $902,652 Q3 : $942,935 Q4 : $927,744 YTD : $3,650,069
Operating Income $91,752 $143,684 $445,502 $121,695 $802,633 Type : Operating Income Q1 : $91,752 Q2 : $143,684 Q3 : $445,502 Q4 : $121,695 YTD : $802,633
Net Income as Reported $79,543 $53,731 $350,179 $31,900 $515,653 Type : Net Income as Reported Q1 : $79,543 Q2 : $53,731 Q3 : $350,179 Q4 : $31,900 YTD : $515,653
Dividend per common share $0.37 $0.25 $1.61 $0.15 $2.37 Type : Dividend per common share Q1 : $0.37 Q2 : $0.25 Q3 : $1.61 Q4 : $0.15 YTD : $2.37
Earnings release date 28-Apr-10 22-Jul-10 26-Oct-10 27-Jan-11 Type : Earnings release date Q1 : 28-Apr-10 Q2 : 22-Jul-10 Q3 : 26-Oct-10 Q4 : 27-Jan-11 YTD : 
Capital Structure*

Capital Structure* (see 10-K)

Type 2017 2016 2015 2014 2013
Total Debt (000s) $7,539,451 $9,387,436 $8,527,243 $8,443,948 $8,074,804 Type : Total Debt (000s) 2017 : $7,539,451 2016 : $9,387,436 2015 : $8,527,243 2014 : $8,443,948 2013 : $8,074,804
Equity (000s) $10,702,303 $9,121,412 $8,063,039 $8,284,359 $8,808,265 Type : Equity (000s) 2017 : $10,702,303 2016 : $9,121,412 2015 : $8,063,039 2014 : $8,284,359 2013 : $8,808,265
Net Debt/Capital 40.9% 50.4% 51.0% 50.1% 47.2% Type : Net Debt/Capital 2017 : 40.9% 2016 : 50.4% 2015 : 51.0% 2014 : 50.1% 2013 : 47.2%

Capital Structure* (see 10-K)

Type 2012 2011 2010
Total Debt (000s) $8,489,947 $8,495,853 $9,150,116 Type : Total Debt (000s) 2012 : $8,489,947 2011 : $8,495,853 2010 : $9,150,116
Equity (000s) $8,308,749 $8,407,823 $7,900,752 Type : Equity (000s) 2012 : $8,308,749 2011 : $8,407,823 2010 : $7,900,752
Net Debt/Capital 50.0% 49.5% 52.5% Type : Net Debt/Capital 2012 : 50.0% 2011 : 49.5% 2010 : 52.5%

* As of December 31, 2017

Fleet Data

Royal Caribbean International

Name Year in Service Estimated Capacity Gross Tons
Symphony of the Seas 2018 5,500 230,000 Name : Symphony of the Seas Year in Service : 2018 Estimated Capacity : 5,500 Gross Tons : 230,000
Harmony of the Seas 2016 5,450 225,250 Name : Harmony of the Seas Year in Service : 2016 Estimated Capacity : 5,450 Gross Tons : 225,250
Ovation of the Seas 2016 4,100 167,800 Name : Ovation of the Seas Year in Service : 2016 Estimated Capacity : 4,100 Gross Tons : 167,800
Anthem of the Seas 2015 4,150 166,750 Name : Anthem of the Seas Year in Service : 2015 Estimated Capacity : 4,150 Gross Tons : 166,750
Quantum of the Seas 2014 4,150 166,750 Name : Quantum of the Seas Year in Service : 2014 Estimated Capacity : 4,150 Gross Tons : 166,750
Allure of the Seas 2010 5,450 222,900 Name : Allure of the Seas Year in Service : 2010 Estimated Capacity : 5,450 Gross Tons : 222,900
Oasis of the Seas 2009 5,450 222,900 Name : Oasis of the Seas Year in Service : 2009 Estimated Capacity : 5,450 Gross Tons : 222,900
Independence of the Seas 2008 3,850 154,400 Name : Independence of the Seas Year in Service : 2008 Estimated Capacity : 3,850 Gross Tons : 154,400
Liberty of the Seas 2007 3,750 154,400 Name : Liberty of the Seas Year in Service : 2007 Estimated Capacity : 3,750 Gross Tons : 154,400
Freedom of the Seas 2006 3,750 154,400 Name : Freedom of the Seas Year in Service : 2006 Estimated Capacity : 3,750 Gross Tons : 154,400
Jewel of the Seas 2004 2,150 90,050 Name : Jewel of the Seas Year in Service : 2004 Estimated Capacity : 2,150 Gross Tons : 90,050
Mariner of the Seas 2003 3,300 142,000 Name : Mariner of the Seas Year in Service : 2003 Estimated Capacity : 3,300 Gross Tons : 142,000
Serenade of the Seas 2003 2,100 90,050 Name : Serenade of the Seas Year in Service : 2003 Estimated Capacity : 2,100 Gross Tons : 90,050
Navigator of the Seas 2002 3,250 142,000 Name : Navigator of the Seas Year in Service : 2002 Estimated Capacity : 3,250 Gross Tons : 142,000
Brilliance of the Seas 2002 2,100 90,050 Name : Brilliance of the Seas Year in Service : 2002 Estimated Capacity : 2,100 Gross Tons : 90,050
Adventure of the Seas 2001 3,100 142,000 Name : Adventure of the Seas Year in Service : 2001 Estimated Capacity : 3,100 Gross Tons : 142,000
Radiance of the Seas 2001 2,100 90,050 Name : Radiance of the Seas Year in Service : 2001 Estimated Capacity : 2,100 Gross Tons : 90,050
Explorer of the Seas 2000 3,250 142,000 Name : Explorer of the Seas Year in Service : 2000 Estimated Capacity : 3,250 Gross Tons : 142,000
Voyager of the Seas 1999 3,250 142,000 Name : Voyager of the Seas Year in Service : 1999 Estimated Capacity : 3,250 Gross Tons : 142,000
Vision of the Seas 1998 2,000 78,450 Name : Vision of the Seas Year in Service : 1998 Estimated Capacity : 2,000 Gross Tons : 78,450
Enchantment of the Seas 1997 2,250 81,500 Name : Enchantment of the Seas Year in Service : 1997 Estimated Capacity : 2,250 Gross Tons : 81,500
Rhapsody of the Seas 1997 2,000 78,450 Name : Rhapsody of the Seas Year in Service : 1997 Estimated Capacity : 2,000 Gross Tons : 78,450
Grandeur of the Seas 1996 1,950 74,100 Name : Grandeur of the Seas Year in Service : 1996 Estimated Capacity : 1,950 Gross Tons : 74,100
Majesty of the Seas 1992 2,350 73,900 Name : Majesty of the Seas Year in Service : 1992 Estimated Capacity : 2,350 Gross Tons : 73,900
Empress of the Seas 1990 1,550 48,550 Name : Empress of the Seas Year in Service : 1990 Estimated Capacity : 1,550 Gross Tons : 48,550

Celebrity Cruises

Name Year in Service Estimated Capacity Gross Tons
Celebrity Xploration 2016 20 320 Name : Celebrity Xploration Year in Service : 2016 Estimated Capacity : 20 Gross Tons : 320
Celebrity Xperience 2016 50 1,600 Name : Celebrity Xperience Year in Service : 2016 Estimated Capacity : 50 Gross Tons : 1,600
Celebrity Reflection 2012 3,000 126,000 Name : Celebrity Reflection Year in Service : 2012 Estimated Capacity : 3,000 Gross Tons : 126,000
Celebrity Silhouette 2011 2,850 122,400 Name : Celebrity Silhouette Year in Service : 2011 Estimated Capacity : 2,850 Gross Tons : 122,400
Celebrity Eclipse 2010 2,850 122,000 Name : Celebrity Eclipse Year in Service : 2010 Estimated Capacity : 2,850 Gross Tons : 122,000
Celebrity Equinox 2009 2,850 122,000 Name : Celebrity Equinox Year in Service : 2009 Estimated Capacity : 2,850 Gross Tons : 122,000
Celebrity Solstice 2008 2,850 122,000 Name : Celebrity Solstice Year in Service : 2008 Estimated Capacity : 2,850 Gross Tons : 122,000
Celebrity Xpedition 2004 100 2,800 Name : Celebrity Xpedition Year in Service : 2004 Estimated Capacity : 100 Gross Tons : 2,800
Celebrity Constellation 2002 2,150 90,200 Name : Celebrity Constellation Year in Service : 2002 Estimated Capacity : 2,150 Gross Tons : 90,200
Celebrity Summit 2001 2,150 91,000 Name : Celebrity Summit Year in Service : 2001 Estimated Capacity : 2,150 Gross Tons : 91,000
Celebrity Infinity 2001 2,150 90,200 Name : Celebrity Infinity Year in Service : 2001 Estimated Capacity : 2,150 Gross Tons : 90,200
Celebrity Millennium 2000 2,150 90,200 Name : Celebrity Millennium Year in Service : 2000 Estimated Capacity : 2,150 Gross Tons : 90,200

Azamara Club Cruises

Name Year in Service Estimated Capacity Gross Tons
Azamara Quest 2007 700 30,250 Name : Azamara Quest Year in Service : 2007 Estimated Capacity : 700 Gross Tons : 30,250
Azamara Journey 2007 700 30,250 Name : Azamara Journey Year in Service : 2007 Estimated Capacity : 700 Gross Tons : 30,250
Azamara Pursuit (1) 2018 700 30,250 Name : Azamara Pursuit (1) Year in Service : 2018 Estimated Capacity : 700 Gross Tons : 30,250

Pullmantur

Name Year in Service Estimated Capacity Gross Tons
Zenith 2014 1,400 47,400 Name : Zenith Year in Service : 2014 Estimated Capacity : 1,400 Gross Tons : 47,400
Monarch 2013 2,350 73,900 Name : Monarch Year in Service : 2013 Estimated Capacity : 2,350 Gross Tons : 73,900
Horizon 2010 1,400 47,400 Name : Horizon Year in Service : 2010 Estimated Capacity : 1,400 Gross Tons : 47,400
Sovereign 2008 2,300 73,500 Name : Sovereign Year in Service : 2008 Estimated Capacity : 2,300 Gross Tons : 73,500

TUI Cruises

Name Year in Service Estimated Capacity Gross Tons
Mein Schiff 1 (new) (2) 2018 2,850 111,500 Name : Mein Schiff 1 (new) (2) Year in Service : 2018 Estimated Capacity : 2,850 Gross Tons : 111,500
Mein Schiff 6 2017 2,500 98,800 Name : Mein Schiff 6 Year in Service : 2017 Estimated Capacity : 2,500 Gross Tons : 98,800
Mein Schiff 5 2016 2,500 98,750 Name : Mein Schiff 5 Year in Service : 2016 Estimated Capacity : 2,500 Gross Tons : 98,750
Mein Schiff 4 2015 2,500 99,500 Name : Mein Schiff 4 Year in Service : 2015 Estimated Capacity : 2,500 Gross Tons : 99,500
Mein Schiff 3 2014 2,500 99,500 Name : Mein Schiff 3 Year in Service : 2014 Estimated Capacity : 2,500 Gross Tons : 99,500
Mein Schiff 2 2011 1,900 77,300 Name : Mein Schiff 2 Year in Service : 2011 Estimated Capacity : 1,900 Gross Tons : 77,300

Skysea Cruises

Name Year in Service Estimated Capacity Gross Tons
Skysea Golden Era 2015 1,800 72,450 Name : Skysea Golden Era Year in Service : 2015 Estimated Capacity : 1,800 Gross Tons : 72,450

Note: Brand Berths and Gross Tons are rounded down to the nearest 50th.

(1) In March 2018, we completed the the purchase of Azamara Pursuit.  The ship is expected to enter service during the third quarter of 2018.

(2) In April 2018, TUI Cruises took delivery of the new Mein Schiff 1 and transferred the original Mein Schiff 1 to an affiliate of TUI AG, our joint venture partner in TUI Cruises.

Fleet Expansion Projects

Royal Caribbean International

Name Estimated Delivery Estimated Capacity
Spectrum of the Seas 2019 4,250 Name : Spectrum of the Seas Estimated Delivery : 2019 Estimated Capacity : 4,250
Quantum Class 5 2020 4,250 Name : Quantum Class 5 Estimated Delivery : 2020 Estimated Capacity : 4,250
Oasis 5 2021 5,450 Name : Oasis 5 Estimated Delivery : 2021 Estimated Capacity : 5,450
Icon Class 1 2022 5,650 Name : Icon Class 1 Estimated Delivery : 2022 Estimated Capacity : 5,650
Icon Class 2 2024 5,650 Name : Icon Class 2 Estimated Delivery : 2024 Estimated Capacity : 5,650

Celebrity Cruises

Name Estimated Delivery Estimated Capacity
Celebrity Edge 2018 2,900 Name : Celebrity Edge Estimated Delivery : 2018 Estimated Capacity : 2,900
Celebrity Flora 2019 100 Name : Celebrity Flora Estimated Delivery : 2019 Estimated Capacity : 100
Celebrity Apex 2020 2,900 Name : Celebrity Apex Estimated Delivery : 2020 Estimated Capacity : 2,900
Edge 3 2021 3,200 Name : Edge 3 Estimated Delivery : 2021 Estimated Capacity : 3,200
Edge 4 2022 3,200 Name : Edge 4 Estimated Delivery : 2022 Estimated Capacity : 3,200

TUI Cruises

Name Estimated Delivery Estimated Capacity
TUI Unnamed 2019 2,850 Name : TUI Unnamed Estimated Delivery : 2019 Estimated Capacity : 2,850
TUI Unnamed 2023 2,850 Name : TUI Unnamed Estimated Delivery : 2023 Estimated Capacity : 2,850