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Royal Caribbean Cruises

NYSE: RCL · USD

Royal Caribbean Cruises financials

6 charts

Revenue

USD millions

$4,832M
Royal Caribbean Cruises Revenue. Quarterly values and changes versus the preceding comparable period. Missing values are unavailable.
PeriodRevenue
FY 2010 Q1$1,485.65M; Change unavailable vs FY 2009 Q4
FY 2010 Q2$1,601.697M; +7.8% vs FY 2010 Q1
FY 2010 Q3$2,060.659M; +28.7% vs FY 2010 Q2
FY 2010 Q4$1,604.498M; −22.1% vs FY 2010 Q3
FY 2011 Q1$1,671.995M; +4.2% vs FY 2010 Q4
FY 2011 Q2$1,767.873M; +5.7% vs FY 2011 Q1
FY 2011 Q3$2,321.994M; +31.3% vs FY 2011 Q2
FY 2011 Q4$1,775.401M; −23.5% vs FY 2011 Q3
FY 2012 Q1$1,834.48M; +3.3% vs FY 2011 Q4
FY 2012 Q2$1,821.004M; −0.7% vs FY 2012 Q1
FY 2012 Q3$2,226.39M; +22.3% vs FY 2012 Q2
FY 2012 Q4$1,806.15M; −18.9% vs FY 2012 Q3
FY 2013 Q1$1,911.22M; +5.8% vs FY 2012 Q4
FY 2013 Q2$1,882.767M; −1.5% vs FY 2013 Q1
FY 2013 Q3$2,311.749M; +22.8% vs FY 2013 Q2
FY 2013 Q4$1,854.158M; −19.8% vs FY 2013 Q3
FY 2014 Q1$1,887.224M; +1.8% vs FY 2013 Q4
FY 2014 Q2$1,980.043M; +4.9% vs FY 2014 Q1
FY 2014 Q3$2,388.762M; +20.6% vs FY 2014 Q2
FY 2014 Q4$1,817.826M; −23.9% vs FY 2014 Q3
FY 2015 Q1$1,815.599M; −0.1% vs FY 2014 Q4
FY 2015 Q2$2,058.322M; +13.4% vs FY 2015 Q1
FY 2015 Q3$2,523.1M; +22.6% vs FY 2015 Q2
FY 2015 Q4$1,902.053M; −24.6% vs FY 2015 Q3
FY 2016 Q1$1,917.795M; +0.8% vs FY 2015 Q4
FY 2016 Q2$2,105.262M; +9.8% vs FY 2016 Q1
FY 2016 Q3$2,563.741M; +21.8% vs FY 2016 Q2
FY 2016 Q4$1,909.603M; −25.5% vs FY 2016 Q3
FY 2017 Q1$2,008.56M; +5.2% vs FY 2016 Q4
FY 2017 Q2$2,195.274M; +9.3% vs FY 2017 Q1
FY 2017 Q3$2,569.544M; +17.0% vs FY 2017 Q2
FY 2017 Q4$2,004.467M; −22.0% vs FY 2017 Q3
FY 2018 Q1$2,027.756M; +1.2% vs FY 2017 Q4
FY 2018 Q2$2,337.605M; +15.3% vs FY 2018 Q1
FY 2018 Q3$2,796.187M; +19.6% vs FY 2018 Q2
FY 2018 Q4$2,332.301M; −16.6% vs FY 2018 Q3
FY 2019 Q1$2,439.767M; +4.6% vs FY 2018 Q4
FY 2019 Q2$2,806.631M; +15.0% vs FY 2019 Q1
FY 2019 Q3$3,186.85M; +13.5% vs FY 2019 Q2
FY 2019 Q4$2,517.413M; −21.0% vs FY 2019 Q3
FY 2020 Q1$2,032.75M; −19.3% vs FY 2019 Q4
FY 2020 Q2$175.605M; −91.4% vs FY 2020 Q1
FY 2020 Q3$-33.688M; −119.2% vs FY 2020 Q2
FY 2020 Q4$34.138M; +201.3% vs FY 2020 Q3
FY 2021 Q1$42.014M; +23.1% vs FY 2020 Q4
FY 2021 Q2$50.914M; +21.2% vs FY 2021 Q1
FY 2021 Q3$456.958M; +797.5% vs FY 2021 Q2
FY 2021 Q4$982.247M; +115.0% vs FY 2021 Q3
FY 2022 Q1$1,059.231M; +7.8% vs FY 2021 Q4
FY 2022 Q2$2,184.242M; +106.2% vs FY 2022 Q1
FY 2022 Q3$2,993.075M; +37.0% vs FY 2022 Q2
FY 2022 Q4$2,603.992M; −13.0% vs FY 2022 Q3
FY 2023 Q1$2,885.146M; +10.8% vs FY 2022 Q4
FY 2023 Q2$3,522.982M; +22.1% vs FY 2023 Q1
FY 2023 Q3$4,160.453M; +18.1% vs FY 2023 Q2
FY 2023 Q4$3,331.419M; −19.9% vs FY 2023 Q3
FY 2024 Q1$3,728M; +11.9% vs FY 2023 Q4
FY 2024 Q2$4,110M; +10.2% vs FY 2024 Q1
FY 2024 Q3$4,886M; +18.9% vs FY 2024 Q2
FY 2024 Q4$3,760M; −23.0% vs FY 2024 Q3
FY 2025 Q1$3,999M; +6.4% vs FY 2024 Q4
FY 2025 Q2$4,538M; +13.5% vs FY 2025 Q1
FY 2025 Q3$5,139M; +13.2% vs FY 2025 Q2
FY 2025 Q4$4,259M; −17.1% vs FY 2025 Q3
FY 2026 Q1$4,452M; +4.5% vs FY 2025 Q4
FY 2026 Q2$4,832M; +8.5% vs FY 2026 Q1
Mar 31, 2010 through Sep 25, 2026

Free cash flow

USD millions

$-877M
Royal Caribbean Cruises Free cash flow. Quarterly values and changes versus the preceding comparable period. Missing values are unavailable.
PeriodFree cash flow
FY 2010 Q1$246.527M; Change unavailable vs FY 2009 Q4
FY 2010 Q2$-83.166M; −133.7% vs FY 2010 Q1
FY 2010 Q3$346.72M; +516.9% vs FY 2010 Q2
FY 2010 Q4$-1,034.251M; −398.3% vs FY 2010 Q3
FY 2011 Q1$219.115M; +121.2% vs FY 2010 Q4
FY 2011 Q2$296.062M; +35.1% vs FY 2011 Q1
FY 2011 Q3$-272.561M; −192.1% vs FY 2011 Q2
FY 2011 Q4$39.497M; +114.5% vs FY 2011 Q3
FY 2012 Q1$37.98M; −3.8% vs FY 2011 Q4
FY 2012 Q2$222.788M; +486.6% vs FY 2012 Q1
FY 2012 Q3$482.179M; +116.4% vs FY 2012 Q2
FY 2012 Q4$-652.712M; −235.4% vs FY 2012 Q3
FY 2013 Q1$62.881M; +109.6% vs FY 2012 Q4
FY 2013 Q2$213.834M; +240.1% vs FY 2013 Q1
FY 2013 Q3$419.343M; +96.1% vs FY 2013 Q2
FY 2013 Q4$-47.767M; −111.4% vs FY 2013 Q3
FY 2014 Q1$137.995M; +388.9% vs FY 2013 Q4
FY 2014 Q2$400.462M; +190.2% vs FY 2014 Q1
FY 2014 Q3$362.089M; −9.6% vs FY 2014 Q2
FY 2014 Q4$-968.185M; −367.4% vs FY 2014 Q3
FY 2015 Q1$121.783M; +112.6% vs FY 2014 Q4
FY 2015 Q2$-233.054M; −291.4% vs FY 2015 Q1
FY 2015 Q3$358.57M; +253.9% vs FY 2015 Q2
FY 2015 Q4$85.727M; −76.1% vs FY 2015 Q3
FY 2016 Q1$228.056M; +166.0% vs FY 2015 Q4
FY 2016 Q2$-1,004.339M; −540.4% vs FY 2016 Q1
FY 2016 Q3$463.404M; +146.1% vs FY 2016 Q2
FY 2016 Q4$335.206M; −27.7% vs FY 2016 Q3
FY 2017 Q1$673.743M; +101.0% vs FY 2016 Q4
FY 2017 Q2$713.996M; +6.0% vs FY 2017 Q1
FY 2017 Q3$679.527M; −4.8% vs FY 2017 Q2
FY 2017 Q4$243.162M; −64.2% vs FY 2017 Q3
FY 2018 Q1$-796.11M; −427.4% vs FY 2017 Q4
FY 2018 Q2$514.816M; +164.7% vs FY 2018 Q1
FY 2018 Q3$519.151M; +0.8% vs FY 2018 Q2
FY 2018 Q4$-418.746M; −180.7% vs FY 2018 Q3
FY 2019 Q1$608.338M; +245.3% vs FY 2018 Q4
FY 2019 Q2$-278.952M; −145.9% vs FY 2019 Q1
FY 2019 Q3$435.787M; +256.2% vs FY 2019 Q2
FY 2019 Q4$-73.47M; −116.9% vs FY 2019 Q3
FY 2020 Q1$-1,053.844M; −1334.4% vs FY 2019 Q4
FY 2020 Q2$-2,386.87M; −126.5% vs FY 2020 Q1
FY 2020 Q3$-1,038.782M; +56.5% vs FY 2020 Q2
FY 2020 Q4$-1,217.288M; −17.2% vs FY 2020 Q3
FY 2021 Q1$-1,870.874M; −53.7% vs FY 2020 Q4
FY 2021 Q2$-684.855M; +63.4% vs FY 2021 Q1
FY 2021 Q3$-771.311M; −12.6% vs FY 2021 Q2
FY 2021 Q4$-780.479M; −1.2% vs FY 2021 Q3
FY 2022 Q1$-1,891.933M; −142.4% vs FY 2021 Q4
FY 2022 Q2$-476.021M; +74.8% vs FY 2022 Q1
FY 2022 Q3$-270.053M; +43.3% vs FY 2022 Q2
FY 2022 Q4$409.801M; +251.7% vs FY 2022 Q3
FY 2023 Q1$1,057.985M; +158.2% vs FY 2022 Q4
FY 2023 Q2$594.891M; −43.8% vs FY 2023 Q1
FY 2023 Q3$379.486M; −36.2% vs FY 2023 Q2
FY 2023 Q4$-1,452.362M; −482.7% vs FY 2023 Q3
FY 2024 Q1$1,086M; +174.8% vs FY 2023 Q4
FY 2024 Q2$-567M; −152.2% vs FY 2024 Q1
FY 2024 Q3$563M; +199.3% vs FY 2024 Q2
FY 2024 Q4$915M; +62.5% vs FY 2024 Q3
FY 2025 Q1$1,199M; +31.0% vs FY 2024 Q4
FY 2025 Q2$910M; −24.1% vs FY 2025 Q1
FY 2025 Q3$-989M; −208.7% vs FY 2025 Q2
FY 2025 Q4$116M; +111.7% vs FY 2025 Q3
FY 2026 Q1$1,334M; +1050.0% vs FY 2025 Q4
FY 2026 Q2$-877M; −165.7% vs FY 2026 Q1

Net margin

%

23.34%
Royal Caribbean Cruises Net margin. Reported fiscal history.
Fiscal period%
FY 2010 Q15.89%
FY 2010 Q23.78%
FY 2010 Q317.31%
FY 2010 Q41.99%
FY 2011 Q15.48%
FY 2011 Q25.29%
FY 2011 Q317.18%
FY 2011 Q42.06%
FY 2012 Q12.56%
FY 2012 Q2-0.2%
FY 2012 Q316.52%
FY 2012 Q4-21.75%
FY 2013 Q13.99%
FY 2013 Q21.31%
FY 2013 Q315.82%
FY 2013 Q40.38%
FY 2014 Q11.4%
FY 2014 Q26.95%
FY 2014 Q320.52%
FY 2014 Q46.04%
FY 2015 Q12.49%
FY 2015 Q28.99%
FY 2015 Q39.07%
FY 2015 Q410.87%
FY 2016 Q15.17%
FY 2016 Q210.92%
FY 2016 Q327.04%
FY 2016 Q413.67%
FY 2017 Q110.69%
FY 2017 Q216.83%
FY 2017 Q329.3%
FY 2017 Q414.37%
FY 2018 Q110.78%
FY 2018 Q219.95%
FY 2018 Q328.98%
FY 2018 Q413.54%
FY 2019 Q110.23%
FY 2019 Q216.85%
FY 2019 Q327.72%
FY 2019 Q410.85%
FY 2020 Q1-71.06%
FY 2020 Q2-933.51%
FY 2020 Q3—
FY 2020 Q4-4,004.14%
FY 2021 Q1-2,693.68%
FY 2021 Q2-2,646.14%
FY 2021 Q3-311.75%
FY 2021 Q4-138.15%
FY 2022 Q1-110.19%
FY 2022 Q2-23.88%
FY 2022 Q31.1%
FY 2022 Q4-19.21%
FY 2023 Q1-1.66%
FY 2023 Q213.02%
FY 2023 Q324.25%
FY 2023 Q48.32%
FY 2024 Q19.66%
FY 2024 Q220.78%
FY 2024 Q322.74%
FY 2024 Q414.68%
FY 2025 Q118.25%
FY 2025 Q226.66%
FY 2025 Q330.65%
FY 2025 Q417.7%
FY 2026 Q121.14%
FY 2026 Q223.34%

P/E

× · TTM · Daily

14.79×
Royal Caribbean Cruises P/E. Monthly closing observations; inspect daily values with the chart arrow keys.
Close date× · TTM · DailyFinancials through
2012-03-3010.61×2011-12-31
2012-04-3010.42×2012-03-31
2012-05-318.96×2012-03-31
2012-06-299.91×2012-03-31
2012-07-3111.37×2012-06-30
2012-08-3112.29×2012-06-30
2012-09-2813.75×2012-06-30
2012-10-3116.49×2012-09-30
2012-11-3017.27×2012-09-30
2012-12-3116.66×2012-09-30
2013-01-3117.73×2012-09-30
2013-02-28419.57×2012-12-31
2013-03-28399.71×2012-12-31
2013-04-30169.39×2013-03-31
2013-05-31162.34×2013-03-31
2013-06-28154.6×2013-03-31
2013-07-31110.66×2013-06-30
2013-08-30106.59×2013-06-30
2013-09-30111.21×2013-06-30
2013-10-31125.77×2013-09-30
2013-11-29131.79×2013-09-30
2013-12-31141.87×2013-09-30
2014-01-31148.39×2013-09-30
2014-02-2824.75×2013-12-31
2014-03-3125.52×2013-12-31
2014-04-3027.91×2014-03-31
2014-05-3029.04×2014-03-31
2014-06-3029.2×2014-03-31
2014-07-3124.82×2014-06-30
2014-08-2926.53×2014-06-30
2014-09-3028×2014-06-30
2014-10-3123.01×2014-09-30
2014-11-2824.96×2014-09-30
2014-12-3127.9×2014-09-30
2015-01-3025.57×2014-09-30
2015-02-2722.21×2014-12-31
2015-03-3123.79×2014-12-31
2015-04-3019.2×2015-03-31
2015-05-2921.43×2015-03-31
2015-06-3022.2×2015-03-31
2015-07-3125.34×2015-03-31
2015-08-3123.46×2015-06-30
2015-09-3023.7×2015-06-30
2015-10-3038.24×2015-09-30
2015-11-3036.01×2015-09-30
2015-12-3139.35×2015-09-30
2016-01-2931.87×2015-09-30
2016-02-2928.92×2015-09-30
2016-03-3131.94×2015-09-30
2016-04-2930.09×2015-09-30
2016-05-3123.43×2016-03-31
2016-06-3020.33×2016-03-31
2016-07-2921.93×2016-03-31
2016-08-3120.1×2016-06-30
2016-09-3021.19×2016-06-30
2016-10-3113.49×2016-09-30
2016-11-3014.21×2016-09-30
2016-12-3014.4×2016-09-30
2017-01-3116.43×2016-09-30
2017-02-2816.14×2016-12-31
2017-03-3116.48×2016-12-31
2017-04-2817.9×2016-12-31
2017-05-3117×2017-03-31
2017-06-3016.85×2017-03-31
2017-07-3117.44×2017-03-31
2017-08-3119.2×2017-03-31
2017-09-2918.29×2017-03-31
2017-10-3119.09×2017-03-31
2017-11-3019.11×2017-03-31
2017-12-2918.4×2017-03-31
2018-01-3120.6×2017-03-31
2018-02-2819.53×2017-03-31
2018-03-2918.16×2017-03-31
2018-04-3016.69×2017-03-31
2018-05-3113.76×2018-03-31
2018-06-2913.58×2018-03-31
2018-07-3114.79×2018-03-31
2018-08-3115.09×2018-06-30
2018-09-2816×2018-06-30
2018-10-3112.33×2018-09-30
2018-11-3013.31×2018-09-30
2018-12-3111.51×2018-09-30
2019-01-3114.13×2018-09-30
2019-02-2813.76×2018-12-31
2019-03-2913.31×2018-12-31
2019-04-3014.04×2018-12-31
2019-05-3113.87×2019-03-31
2019-06-2813.81×2019-03-31
2019-07-3113.22×2019-06-30
2019-08-3011.85×2019-06-30
2019-09-3012.31×2019-06-30
2019-10-3111.9×2019-09-30
2019-11-2913.12×2019-09-30
2019-12-3114.6×2019-09-30
2020-01-3112.8×2019-09-30
2020-02-288.97×2019-12-31
2020-03-313.59×2019-12-31
2020-04-305.22×2019-12-31
2020-05-2958.71×2020-03-31
2020-06-3056.94×2020-03-31
2020-07-3155.14×2020-03-31
2020-08-31—2020-06-30
2020-09-30—2020-06-30
2020-10-30—2020-06-30
2020-11-30—2020-09-30
2020-12-31—2020-09-30
2021-01-29—2020-09-30
2021-02-26—2020-09-30
2021-03-31—2020-12-31
2021-04-30—2021-03-31
2021-05-28—2021-03-31
2021-06-30—2021-03-31
2021-07-30—2021-03-31
2021-08-31—2021-06-30
2021-09-30—2021-06-30
2021-10-29—2021-06-30
2021-11-30—2021-09-30
2021-12-31—2021-09-30
2022-01-31—2021-09-30
2022-02-28—2021-09-30
2022-03-31—2021-12-31
2022-04-29—2021-12-31
2022-05-31—2022-03-31
2022-06-30—2022-03-31
2022-07-29—2022-03-31
2022-08-31—2022-06-30
2022-09-30—2022-06-30
2022-10-31—2022-06-30
2022-11-30—2022-09-30
2022-12-30—2022-09-30
2023-01-31—2022-09-30
2023-02-28—2022-12-31
2023-03-31—2022-12-31
2023-04-28—2022-12-31
2023-05-31—2022-12-31
2023-06-30—2022-12-31
2023-07-31—2022-12-31
2023-08-31—2022-12-31
2023-09-29—2022-12-31
2023-10-3125.97×2023-09-30
2023-11-3032.93×2023-09-30
2023-12-2939.69×2023-09-30
2024-01-3139.08×2023-09-30
2024-02-2937.8×2023-09-30
2024-03-2842.6×2023-09-30
2024-04-3042.79×2023-09-30
2024-05-3145.26×2023-09-30
2024-06-2848.86×2023-09-30
2024-07-3148.03×2023-09-30
2024-08-3050.45×2023-09-30
2024-09-3054.36×2023-09-30
2024-10-3163.24×2023-09-30
2024-11-2974.8×2023-09-30
2024-12-3170.7×2023-09-30
2025-01-3181.71×2023-09-30
2025-02-2875.42×2023-09-30
2025-03-3162.96×2023-09-30
2025-04-3065.87×2023-09-30
2025-05-3078.76×2023-09-30
2025-06-3095.97×2023-09-30
2025-07-3197.42×2023-09-30
2025-08-29111.32×2023-09-30
2025-09-3099.17×2023-09-30
2025-10-3187.91×2023-09-30
2025-11-2881.6×2023-09-30
2025-12-3185.48×2023-09-30
2026-01-3099.5×2023-09-30
2026-02-2719.75×2025-12-31
2026-03-3117.47×2025-12-31
2026-04-3016.75×2025-12-31
2026-05-2918.07×2025-12-31
2026-06-3020.16×2025-12-31
2026-07-3119.4×2026-06-30
2026-08-3116.38×2026-06-30
2026-09-2514.79×2026-06-30
Mean 43.11×Median 22.06×33% below median

ROIC

% · Annual / TTM

16.66%
Royal Caribbean Cruises ROIC. Reported fiscal history.
Fiscal period% · Annual / TTM
FY 2010 Q1—
FY 2010 Q2—
FY 2010 Q3—
FY 2010 Q4—
FY 2011 Q1—
FY 2011 Q2—
FY 2011 Q3—
FY 2011 Q4—
FY 2012 Q1—
FY 2012 Q2—
FY 2012 Q3—
FY 2012 Q4—
FY 2013 Q1—
FY 2013 Q2—
FY 2013 Q3—
FY 2013 Q4—
FY 2014 Q1—
FY 2014 Q2—
FY 2014 Q3—
FY 2014 Q4—
FY 2015 Q1—
FY 2015 Q2—
FY 2015 Q3—
FY 2015 Q4—
FY 2016 Q1—
FY 2016 Q2—
FY 2016 Q3—
FY 2016 Q4—
FY 2017 Q1—
FY 2017 Q2—
FY 2017 Q3—
FY 2017 Q4—
FY 2018 Q1—
FY 2018 Q2—
FY 2018 Q3—
FY 2018 Q4—
FY 2019 Q1—
FY 2019 Q2—
FY 2019 Q3—
FY 2019 Q4—
FY 2020 Q1—
FY 2020 Q2—
FY 2020 Q3—
FY 2020 Q4—
FY 2021 Q1—
FY 2021 Q2—
FY 2021 Q3—
FY 2021 Q4—
FY 2022 Q1—
FY 2022 Q2—
FY 2022 Q3—
FY 2022 Q4—
FY 2023 Q1—
FY 2023 Q2—
FY 2023 Q3—
FY 2023 Q411.43%
FY 2024 Q1—
FY 2024 Q2—
FY 2024 Q3—
FY 2024 Q415.17%
FY 2025 Q1—
FY 2025 Q2—
FY 2025 Q3—
FY 2025 Q416.56%
FY 2026 Q117.39%
FY 2026 Q216.66%

Capital allocation

% of tracked cash uses

$4,449M
Royal Caribbean Cruises capital allocation. Quarterly values. Missing values are unavailable.
PeriodCapexAcquisitionsBuybacksDividendsDebt repaymentsTracked uses
FY 2010 Q130.53% · $166.397MUnavailableUnavailableUnavailable69.47% · $378.596M100% · $544.993M
FY 2010 Q246.29% · $681.144MUnavailableUnavailableUnavailable53.71% · $790.332M100% · $1,471.476M
FY 2010 Q327.23% · $78.285MUnavailableUnavailableUnavailable72.77% · $209.171M100% · $287.456M
FY 2010 Q485.02% · $1,261.363MUnavailableUnavailableUnavailable14.98% · $222.166M100% · $1,483.529M
FY 2011 Q16.56% · $66.304MUnavailableUnavailableUnavailable93.44% · $944.269M100% · $1,010.573M
FY 2011 Q229.99% · $185.261MUnavailableUnavailableUnavailable70.01% · $432.532M100% · $617.793M
FY 2011 Q365.53% · $778.537MUnavailableUnavailableUnavailable34.47% · $409.613M100% · $1,188.15M
FY 2011 Q426.77% · $143.524MUnavailableUnavailable0% · $0M73.23% · $392.632M100% · $536.156M
FY 2012 Q150.27% · $177.235MUnavailableUnavailable12.34% · $43.506M37.39% · $131.81M100% · $352.551M
FY 2012 Q223.81% · $145.516MUnavailableUnavailable3.57% · $21.787M72.62% · $443.775M100% · $611.078M
FY 2012 Q313.41% · $106.558MUnavailableUnavailable0% · $0M86.59% · $688.184M100% · $794.742M
FY 2012 Q446.17% · $862.19MUnavailableUnavailable2.81% · $52.414M51.03% · $952.932M100% · $1,867.536M
FY 2013 Q157.13% · $178.376MUnavailableUnavailable8.88% · $27.735M33.99% · $106.137M100% · $312.248M
FY 2013 Q212.04% · $217.697MUnavailableUnavailable1.46% · $26.363M86.5% · $1,564.111M100% · $1,808.171M
FY 2013 Q325.85% · $137.973MUnavailableUnavailable0.01% · $0.061M74.14% · $395.717M100% · $533.751M
FY 2013 Q420.7% · $229.731MUnavailableUnavailable8.06% · $89.47M71.24% · $790.516M100% · $1,109.717M
FY 2014 Q19.4% · $177.791MUnavailableUnavailable4.03% · $76.264M86.57% · $1,638.146M100% · $1,892.201M
FY 2014 Q217.97% · $164.681MUnavailableUnavailable6.07% · $55.593M75.97% · $696.25M100% · $916.524M
FY 2014 Q325.76% · $216.546MUnavailableUnavailable0% · $0M74.24% · $624.031M100% · $840.577M
FY 2014 Q460.06% · $1,252.38MUnavailableUnavailable3.22% · $67.095M36.72% · $765.791M100% · $2,085.266M
FY 2015 Q129.76% · $304.644MUnavailable0% · $0M12.87% · $131.745M57.36% · $587.111M100% · $1,023.5M
FY 2015 Q236.54% · $846.972MUnavailable0% · $0M2.85% · $65.973M60.62% · $1,405.121M100% · $2,318.066M
FY 2015 Q318.93% · $209.021MUnavailable0% · $0M0% · $0M81.07% · $895.005M100% · $1,104.026M
FY 2015 Q414.31% · $252.703MUnavailable11.32% · $200M4.67% · $82.494M69.7% · $1,231.316M100% · $1,766.513M
FY 2016 Q112.52% · $249.84MUnavailable10.03% · $200.04M8.16% · $162.89M69.29% · $1,382.27M100% · $1,995.04M
FY 2016 Q241.95% · $1,797.355MUnavailable1.17% · $50.011M1.88% · $80.667M55% · $2,356.635M100% · $4,284.668M
FY 2016 Q319.1% · $266.636MUnavailable3.58% · $49.908M0% · $0M77.32% · $1,079.357M100% · $1,395.901M
FY 2016 Q49.86% · $180.532MUnavailable0% · $0.001M5.62% · $102.93M84.52% · $1,547.308M100% · $1,830.771M
FY 2017 Q15.94% · $122.783MUnavailable0% · $0M4.98% · $102.942M89.07% · $1,840.402M100% · $2,066.127M
FY 2017 Q27.08% · $148.758MUnavailable0% · $0M4.91% · $103.097M88.01% · $1,849.488M100% · $2,101.343M
FY 2017 Q35.14% · $115.794MUnavailable5.55% · $124.999M4.58% · $103.123M84.73% · $1,908.308M100% · $2,252.224M
FY 2017 Q46.69% · $176.803M0% · $0M3.78% · $99.999M4.86% · $128.293M84.67% · $2,236.889M100% · $2,641.984M
FY 2018 Q148.91% · $1,720.232MUnavailable7.82% · $275.038M3.63% · $127.84M39.64% · $1,394.222M100% · $3,517.332M
FY 2018 Q220.97% · $492.648MUnavailable4.02% · $94.438M5.4% · $126.805M69.62% · $1,635.722M100% · $2,349.613M
FY 2018 Q38.63% · $296.247MUnavailable5.99% · $205.563M3.69% · $126.82M81.68% · $2,803.658M100% · $3,432.288M
FY 2018 Q447.42% · $1,150.901M0% · $0M0% · $0M6.02% · $146.029M46.56% · $1,129.909M100% · $2,426.839M
FY 2019 Q126.66% · $470.116MUnavailable0% · $0M8.32% · $146.817M65.02% · $1,146.674M100% · $1,763.607M
FY 2019 Q241% · $1,396.025MUnavailable0% · $0M4.3% · $146.38M54.7% · $1,862.219M100% · $3,404.624M
FY 2019 Q345.85% · $475.754MUnavailable0% · $0M14.11% · $146.346M40.04% · $415.446M100% · $1,037.546M
FY 2019 Q443.18% · $682.768M0% · $0M6.3% · $99.582M10.32% · $163.131M40.21% · $635.905M100% · $1,581.386M
FY 2020 Q153.57% · $1,252.554MUnavailableUnavailable7% · $163.563M39.43% · $921.867M100% · $2,337.984M
FY 2020 Q24.97% · $139.337MUnavailableUnavailable5.81% · $162.858M89.23% · $2,502.52M100% · $2,804.715M
FY 2020 Q396.87% · $181.35MUnavailableUnavailable0% · $0M3.13% · $5.858M100% · $187.208M
FY 2020 Q448.57% · $391.89MUnavailableUnavailable0% · $0M51.43% · $414.888M100% · $806.778M
FY 2021 Q171.27% · $1,061.691MUnavailableUnavailable0% · $0M28.73% · $427.978M100% · $1,489.669M
FY 2021 Q222.86% · $224.484MUnavailableUnavailable0% · $0M77.14% · $757.512M100% · $981.996M
FY 2021 Q326.38% · $368.096MUnavailableUnavailable0% · $0M73.62% · $1,027.02M100% · $1,395.116M
FY 2021 Q487.2% · $575.433MUnavailableUnavailable0% · $0M12.8% · $84.48M100% · $659.913M
FY 2022 Q157.5% · $1,363.086MUnavailableUnavailableUnavailable42.5% · $1,007.632M100% · $2,370.718M
FY 2022 Q257.72% · $954.661MUnavailableUnavailableUnavailable42.28% · $699.175M100% · $1,653.836M
FY 2022 Q36.17% · $225.519MUnavailableUnavailableUnavailable93.83% · $3,428.516M100% · $3,654.035M
FY 2022 Q46.04% · $166.797MUnavailableUnavailableUnavailable93.96% · $2,593.245M100% · $2,760.042M
FY 2023 Q18.64% · $251.933MUnavailableUnavailableUnavailable91.36% · $2,663.665M100% · $2,915.598M
FY 2023 Q233.44% · $796.456MUnavailableUnavailableUnavailable66.56% · $1,585.436M100% · $2,381.892M
FY 2023 Q320.96% · $280.254MUnavailableUnavailableUnavailable79.04% · $1,056.865M100% · $1,337.119M
FY 2023 Q437.61% · $2,568.357MUnavailableUnavailableUnavailable62.39% · $4,260.034M100% · $6,828.391M
FY 2024 Q17.23% · $242MUnavailable0% · $0M0% · $0M92.77% · $3,107M100% · $3,349M
FY 2024 Q253.41% · $2,140MUnavailable0% · $0M0% · $0M46.59% · $1,867M100% · $4,007M
FY 2024 Q36.27% · $334MUnavailable0% · $0M0% · $0M93.73% · $4,995M100% · $5,329M
FY 2024 Q423.58% · $552MUnavailable0% · $0M4.57% · $107M71.85% · $1,682M100% · $2,341M
FY 2025 Q121% · $428MUnavailable11.83% · $241M7.26% · $148M59.91% · $1,221M100% · $2,038M
FY 2025 Q247.5% · $836MUnavailable0% · $0M11.36% · $200M41.14% · $724M100% · $1,760M
FY 2025 Q358.44% · $2,458MUnavailable9.84% · $414M4.85% · $204M26.87% · $1,130M100% · $4,206M
FY 2025 Q454.96% · $1,507MUnavailable18.38% · $504M9.92% · $272M16.74% · $459M100% · $2,742M
FY 2026 Q110.66% · $500MUnavailable17.83% · $836M5.76% · $270M65.76% · $3,084M100% · $4,690M
FY 2026 Q261.52% · $2,737MUnavailable4.47% · $199M9.08% · $404M24.93% · $1,109M100% · $4,449M

Tracked cash uses · SBC excluded

Sources and calculations

Company filings · USD · Last checked 2026-10-18. Missing inputs remain unavailable. Your chart selection and layout are saved in this browser for Royal Caribbean Cruises.

All charts share the selected dates. Quarterly/Yearly changes fiscal charts; valuation keeps completed daily closes on a published TTM basis. Later restatements can delay that basis. Historical mean, median and pricing labels use the selected range and do not estimate intrinsic fair value.

SBC deduction is an optional economic-cost scenario for FCF-based metrics. Missing SBC never becomes zero.

Revenue
Reported revenue from company filings.
Free cash flow
Operating cash flow − reported cash capital investment. PPE purchases are preferred; the productive-assets fallback also includes software and intangibles. Reflects the SBC option and can differ from issuer-defined FCF.
Net margin
Reported net income / revenue × 100.
P/E
Completed closing price × diluted shares / TTM earnings attributable to common shareholders.
ROIC
NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
Capital allocation
Reported cash uses as a percentage of tracked uses. Missing categories remain unavailable; SBC is noncash and excluded.
Reported revenue and sources