Royal Caribbean Cruises Ltd. (RCL)
NYSE: RCL · Real-Time Price · USD
298.30
+2.38 (0.80%)
At close: Oct 28, 2026, 4:00 PM EDT
297.88
-0.42 (-0.14%)
After-hours: Oct 28, 2026, 7:57 PM EDT
Royal Caribbean Cruises Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Other Revenue | - | 1 | -1 | - | - | - |
| - | 17,935 | 16,484 | 13,900 | 8,840 | 1,532 | |
Revenue Growth | - | 8.80% | 18.59% | 57.24% | 477.02% | -30.64% |
Cost of Revenue | - | 8,857 | 8,421 | 7,570 | 6,467 | 2,697 |
Gross Profit | - | 9,078 | 8,063 | 6,330 | 2,373 | -1,165 |
Selling, General & Admin | - | 2,441 | 2,337 | 1,981 | 1,720 | 1,410 |
Operating Expenses | - | 4,159 | 3,937 | 3,436 | 3,127 | 2,703 |
Operating Income | - | 4,919 | 4,126 | 2,894 | -754 | -3,868 |
Interest Expense | - | -976 | -1,127 | -1,281 | -1,270 | -1,292 |
Interest & Investment Income | - | 24 | 16 | 36 | 36 | 17 |
Earnings From Equity Investments | - | 414 | 260 | 200 | 57 | -135 |
Currency Exchange Gain (Loss) | - | -14 | -12 | -24 | -9 | -7 |
Other Non Operating Income (Expenses) | - | 19 | 36 | 22 | 24 | 45 |
EBT Excluding Unusual Items | - | 4,386 | 3,299 | 1,847 | -1,916 | -5,240 |
Merger & Restructuring Charges | - | -8 | -10 | -5 | -12 | -2 |
Gain (Loss) on Sale of Assets | - | 11 | - | - | - | - |
Asset Writedown | - | - | -9 | -11 | - | - |
Legal Settlements | - | - | 124 | - | -130 | - |
Other Unusual Items | - | -16 | -463 | -121 | -94 | -63 |
Pretax Income | - | 4,373 | 2,941 | 1,710 | -2,152 | -5,305 |
Income Tax Expense | - | 82 | 46 | 6 | 4 | -45 |
Earnings From Continuing Operations | - | 4,291 | 2,895 | 1,704 | -2,156 | -5,260 |
Minority Interest in Earnings | - | -23 | -18 | -7 | - | - |
Net Income | - | 4,268 | 2,877 | 1,697 | -2,156 | -5,260 |
Net Income to Common | - | 4,268 | 2,877 | 1,697 | -2,156 | -5,260 |
Net Income Growth | - | 48.35% | 69.53% | - | - | - |
Shares Outstanding (Basic) | 269 | 271 | 261 | 256 | 255 | 252 |
Shares Outstanding (Diluted) | 270 | 274 | 279 | 283 | 255 | 252 |
Shares Change | -2.09% | -1.79% | -1.41% | 10.98% | 1.19% | 17.57% |
EPS (Basic) | 16.94 | 15.75 | 11.02 | 6.63 | -8.45 | -20.87 |
EPS (Diluted) | 16.89 | 15.64 | 10.94 | 6.31 | -8.45 | -20.89 |
EPS Growth | 13.73% | 42.93% | 73.43% | - | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 1,510 | 1,236 | 1,997 | 580 | -2,229 | -4,108 |
Free Cash Flow Per Share | 5.60 | 4.51 | 7.16 | 2.05 | -8.74 | -16.30 |
Dividend Per Share | 5.500 | 3.500 | 0.950 | - | - | - |
Dividend Growth | 80.33% | 268.42% | 21.80% | - | - | - |
Gross Margin | 50.25% | 50.62% | 48.91% | 45.54% | 26.84% | -76.04% |
Operating Margin | - | 27.43% | 25.03% | 20.82% | -8.53% | -252.48% |
Profit Margin | - | 23.80% | 17.45% | 12.21% | -24.39% | -343.34% |
Free Cash Flow Margin | - | 6.89% | 12.12% | 4.17% | -25.21% | -268.15% |
EBITDA | - | 6,637 | 5,726 | 4,349 | 653 | -2,575 |
EBITDA Margin | 37.40% | 37.01% | 34.74% | 31.29% | 7.39% | -168.08% |
D&A For EBITDA | 1,868 | 1,718 | 1,600 | 1,455 | 1,407 | 1,293 |
EBIT | - | 4,919 | 4,126 | 2,894 | -754 | -3,868 |
EBIT Margin | 27.63% | 27.43% | 25.03% | 20.82% | -8.53% | -252.48% |
Effective Tax Rate | 1.72% | 1.88% | 1.56% | 0.35% | - | - |
Revenue as Reported | - | 17,935 | 16,484 | 13,900 | 8,840 | 1,532 |
Advertising Expenses | - | 693 | 612 | 506 | 509 | 392 |