Royal Caribbean introduces “Perfecta” performance program

Royal Caribbean (RCL) introduced the “Perfecta Program”, a new three-year financial initiative designed to drive continued superior performance. The program has two main goals to be achieved by the end of 2027: 20% compound annual growth rate in Adjusted EPS compared to 2024, and Return on Invested Capital – ROIC – in the high teens. The company also remains dedicated to reducing its carbon intensity by 15% or greater as compared to 2024. The Perfecta Program sets financial targets that align the organization around these priorities, in order to drive strong financial performance and sustainable shareholder value creation. Perfecta builds on the success of the company’s previous three-year Trifecta Program that launched in 2022 and concluded last year with goals achieved 18 months ahead of schedule. The company expects to generate significant cash flow over the next three years and remains committed to disciplined capital allocation through strategic investments, a competitive dividend and opportunistic share repurchases, all while maintaining solid investment grade metrics. While the company may opportunistically repurchase shares, it does not forecast the impact of potential future share repurchases in setting the Perfecta goals.