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 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	Jun '26 Jun 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
Revenue	18,682	17,935	16,484	13,900	8,840	1,532
Revenue Growth	8.72%	8.80%	18.59%	57.24%	477.02%	-30.64%
Cost of Revenue	9,515	9,083	8,652	7,775	6,616	2,739
Gross Profit	9,167	8,852	7,832	6,125	2,224	-1,207
Selling, General & Admin	2,247	2,223	2,125	1,792	1,583	1,370
Depreciation & Amortization Expenses	1,813	1,718	1,600	1,455	1,407	1,293
Total Operating Expenses	4,060	3,941	3,725	3,247	2,990	2,663
Operating Income	5,104	4,910	4,106	2,878	-766	-3,870
Interest Income	430	438	276	236	93	-118
Interest Expense	-1,029	-992	-1,590	-1,402	-1,364	-1,292
Other Non-Operating Income (Expense)	-36	17	149	-2	-119	20
Total Non-Operating Income (Expense)	-123	-537	-1,165	-1,168	-1,390	-1,390
Pretax Income	4,981	4,373	2,941	1,711	-2,156	-5,260
Provision for Income Taxes	-	82	46	6	-	-
Net Income	4,427	4,291	2,896	1,704	-2,156	-5,260
Minority Interest in Earnings	28	23	18	7	-	-
Net Income to Common	4,398	4,268	2,877	1,697	-2,156	-5,260
Net Income Growth	22.07%	48.35%	69.53%	-	-	-
Shares Outstanding (Basic)	270	271	261	256	255	252
Shares Outstanding (Diluted)	272	274	279	283	255	252
Shares Change	-0.09%	-1.79%	-1.41%	10.98%	1.19%	17.57%
EPS (Basic)	16.27	15.75	11.00	6.63	-8.45	-20.89
EPS (Diluted)	16.18	15.61	10.94	6.31	-8.45	-20.89
EPS Growth	21.29%	42.69%	73.38%	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	-416	1,236	1,997	580	-2,229	-4,108
Free Cash Flow Growth	-	-38.11%	244.31%	-	-	-
Free Cash Flow Per Share	-1.53	4.51	7.16	2.05	-8.74	-16.30
Dividends Per Share	2.000	3.500	0.950	-	-	-
Dividend Growth	-18.37%	268.42%	21.80%	-	-	-
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%
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%
EBITDA	6,918	6,628	5,706	4,333	641	-2,577
EBITDA Margin	37.03%	36.96%	34.62%	31.17%	7.25%	-168.21%
EBIT	5,104	4,910	4,106	2,878	-766	-3,870
EBIT Margin	27.32%	27.38%	24.91%	20.71%	-8.67%	-252.61%
Effective Tax Rate	-	1.88%	1.56%	0.35%	0.00%	0.00%

SEC Filings: 10-K · 10-Q