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Royal Caribbean Cruises Ltd. (RCL)
NYSE: RCL · Real-Time Price · USD
322.50
+17.46 (5.72%)
At close: Jul 28, 2026, 4:00 PM EDT
319.69
-2.81 (-0.87%)
After-hours: Jul 28, 2026, 7:59 PM EDT

Royal Caribbean Cruises Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Revenue
4,8324,4524,2595,1394,5383,9993,7604,8864,1103,7283,3314,1603,5232,8862,6032,9932,1841,059982.11456.96
Revenue Growth
6.48%11.33%13.27%5.18%10.41%7.27%12.88%17.45%16.66%29.18%27.95%38.99%61.29%172.46%165.09%555.00%4190.06%2421.14%2776.89%-
Gross Profit
2,2852,2052,0172,6602,2551,9201,7082,4951,9581,6721,4412,0231,5681,093818.761,027504.32-125.71-234.88-356.73
Operating Income
1,3071,1629331,7021,3299456241,6341,0997505701,26577127213.43298.43-218.64-859.21-1,031-1,006
Net Income
1,1289417541,5751,2107305521,1118543602771,009459-48-500.2432.97-521.58-1,167-1,356-1,425
Earnings Per Share
4.203.482.765.744.412.702.024.213.111.351.063.651.70-0.19-1.960.13-2.05-4.58-5.33-5.59
EPS Growth
-4.76%28.89%36.63%36.34%41.80%100.00%90.57%15.34%82.94%--2707.69%--------

Revenue by Segment
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Passenger Ticket
3,3443,0212,9373,6373,1992,7442,5993,4712,8872,5422,2862,9412,4441,8971,7022,0211,418651.86617.39280.15
Onboard and Other
1,4881,4311,3231,5021,3391,2551,1611,4151,2231,1861,0451,2191,079988.63901.54972.1766.04407.37364.85176.81
Revenue (Total)
4,8324,4524,2595,1394,5383,9993,7604,8864,1103,7283,3314,1603,5232,8862,6032,9932,1841,059982.11456.96

Cash & Debt
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash & Investments
875512825432735386388418391437497600.12726.421,2271,9351,5662,1021,9692,7023,289
Total Debt
23,51821,79222,03520,97519,73720,11920,82021,55621,77221,18522,13020,56721,01822,04823,99423,94723,84623,10021,69421,460
Net Cash (Debt)
-22,643-21,280-21,210-20,543-19,002-19,733-20,432-21,138-21,381-20,748-21,633-19,967-20,292-20,821-22,059-22,381-21,744-21,132-18,992-18,171
Net Cash Growth
--------------------
Net Cash Per Share
-84.49-78.52-77.69-74.97-69.10-71.50-75.12-80.07-76.09-73.84-77.26-70.81-71.96-81.65-86.51-87.64-85.28-82.93-74.54-71.34

Cash Flow & CapEx
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Operating Cash Flow
1,8601,8341,6231,4691,7461,6271,4678971,5731,3281,1166591,3921,310575.74-44.53478.64-528.85-205.23-403.22
Capital Expenditures
-2,737-500-1,507-2,458-836-428-552-334-2,140-242-2,568-281-796-252-166.73-225.52-954.66-1,363-575.73-368.1
Free Cash Flow
-8771,334116-9899101,199915563-5671,086-1,4523785961,058409.01-270.05-476.02-1,892-780.96-771.31
Free Cash Flow Growth
-11.26%-87.32%--10.41%-48.94%-2.65%----------

Margins
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Gross Margin
47.29%49.53%47.36%51.76%49.69%48.01%45.43%51.06%47.64%44.85%43.26%48.63%44.51%37.87%31.45%34.30%23.09%-11.87%-23.92%-78.07%
Operating Margin
27.05%26.10%21.91%33.12%29.29%23.63%16.60%33.44%26.74%20.12%17.11%30.41%21.88%9.42%0.52%9.97%-10.01%-81.12%-105.02%-220.11%
Pretax Margin
23.80%21.92%18.17%30.73%27.15%18.78%11.12%22.82%20.88%9.76%8.35%24.30%13.14%-1.66%-19.21%1.10%-23.88%-110.19%-138.12%-311.75%
Profit Margin
23.51%21.34%17.89%30.73%26.75%18.40%14.87%22.82%20.88%9.76%8.38%24.30%13.14%-1.66%-19.21%1.10%-23.88%-110.19%-138.12%-311.75%
FCF Margin
-18.15%29.96%2.72%-19.25%20.05%29.98%24.34%11.52%-13.80%29.13%-43.59%9.09%16.92%36.66%15.71%-9.02%-21.79%-178.61%-79.52%-168.79%

Dividends
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24
Dividend Per Share
-1.5001.0001.0000.7500.7500.5500.400
Dividend Per Share Growth
-100.00%81.82%150.00%----
Dividend Yield
0.47%0.36%0.36%0.23%0.23%0.27%0.17%0.00%

Valuation
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
PE Ratio
19.6216.7917.8721.7623.4717.0621.0918.2317.3917.9120.5228.79--------
Forward PE
18.0915.2716.1119.3119.7313.7316.7814.2513.9013.8514.8212.0318.1119.2336.29120.86201.625.005.005.00
P/FCF Ratio
-53.8361.0243.2823.7126.4431.06--58.8457.259.6714.8223.16------
PS Ratio
4.554.014.215.054.953.333.762.972.682.432.391.792.211.571.431.341.908.3812.7938.81