Royal Caribbean Cruises
$277.74Change from previous close: +2.87%Absolute change: +$7.75
At a glance
- Revenue growth
- +8.79%
- 2025 vs 2024
- Net income growth
- +48.35%
- 2025 vs 2024
- Net margin
- 23.8%
- 2024: 17.5%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total revenue | 17,934 | 16,485 | 13,900 | 8,840 | — |
| Cost of revenue | 9,083 | 8,652 | 7,775 | 6,616 | — |
| Gross profit | 8,851 | 7,833 | 6,125 | 2,224 | — |
| Selling, general and administrative | 2,223 | 2,125 | 1,792 | 1,583 | — |
| Operating income | 4,910 | 4,108 | 2,878 | -766 | — |
| EBIT | 5,365 | 4,533 | 3,112 | -792 | — |
| EBITDA | 7,083 | 6,133 | 4,567 | 615 | — |
| Interest expense | 992 | 1,590 | 1,402 | 1,364 | — |
| Pre-tax income | 4,373 | 2,943 | 1,710 | -2,156 | — |
| Income tax | 82.0 | 46.0 | 6.0 | — | — |
| Net income | 4,268 | 2,877 | 1,697 | -2,156 | — |
| Net income to common shareholders | 4,268 | 2,877 | 1,697 | -2,156 | — |
| Basic EPS | 15.75 | 11.00 | 6.63 | -8.45 | — |
| Diluted EPS | 15.61 | 11.00 | 6.31 | -8.45 | — |
| Average shares (basic) | 271 | 261 | 256 | 255 | — |
| Average shares (diluted) | 274 | 279 | 283 | 255 | — |