Royal Caribbean records $4.4 billion in trailing net income
The company generated $6.79 billion in operating cash flow, while free cash flow was negative $1.52 billion, according to the report.
Royal Caribbean Cruises Ltd. closed at $277.74 on October 2 after reporting net income of $4.4 billion over the preceding twelve months. According to the report, the cruise company’s share price was down 12.47% over the same period.
The report said Royal Caribbean generated $6.79 billion in operating cash flow. Free cash flow was negative $1.52 billion, while estimated capital expenditures totaled roughly $8 billion during the year.
Royal Caribbean carried $23.52 billion in debt and held $876 million in cash, the report stated. It also calculated the company’s enterprise value at $85.46 billion and its market value at $62.82 billion.