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Royal Caribbean Cruises Ltd. (RCL)
NYSE: RCL · Real-Time Price · USD
318.30
-3.64 (-1.13%)
At close: Jul 31, 2026, 4:00 PM EDT
315.50
-2.80 (-0.88%)
After-hours: Jul 31, 2026, 7:59 PM EDT

Royal Caribbean Cruises Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
18,68217,93516,48413,9008,8401,532
Revenue Growth
8.72%8.80%18.59%57.24%477.02%-30.64%
Gross Profit
9,1678,8527,8326,1252,224-1,207
Operating Income
5,1044,9104,1062,878-766-3,870
Net Income
4,3984,2682,8771,697-2,156-5,260
Earnings Per Share
16.1815.6110.946.31-8.45-20.89
EPS Growth
21.29%42.69%73.38%---

Revenue by Segment
Chart
Fiscal YearFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Dec '22 Dec '21
Passenger Ticket
12,51511,4999,5685,793941.18
Onboard and Other
5,4194,9864,3323,047590.96
Revenue (Total)
17,93516,48413,9008,8401,532

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
8758253884971,9352,702
Total Debt
23,51822,03520,82022,13023,99421,694
Net Cash (Debt)
-22,643-21,210-20,432-21,633-22,059-18,992
Net Cash Growth
------
Net Cash Per Share
-83.40-77.41-73.23-76.44-86.51-75.37

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
6,7866,4655,2654,477481-1,878
Capital Expenditures
-7,202-5,229-3,268-3,897-2,710-2,230
Free Cash Flow
-4161,2361,997580-2,229-4,108
Free Cash Flow Growth
--38.11%244.31%---

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
49.07%49.36%47.51%44.06%25.16%-78.79%
Operating Margin
27.32%27.38%24.91%20.71%-8.67%-252.61%
Pretax Margin
26.66%24.38%17.84%12.31%-24.39%-343.34%
Profit Margin
23.70%23.93%17.57%12.26%-24.39%-343.34%
FCF Margin
-2.23%6.89%12.11%4.17%-25.21%-268.15%

Dividends
Chart
Fiscal YearCurrentFY 2025FY 2024
Period EndingAug '26 Dec '25 Dec '24
Dividend Per Share
6.0003.5000.950
Dividend Per Share Growth
104.08%268.42%-
Dividend Yield
1.88%1.09%0.18%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
19.6317.8721.0920.52--
Forward PE
16.8416.1116.7814.8236.295.00
P/FCF Ratio
-61.0231.0657.25--
PS Ratio
4.564.213.762.391.4312.79