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ROYAL CARIBBEAN CRUISES LTD — Financial Data

Annual figures from SEC EDGAR XBRL filings (10-K)

These figures are extracted directly from XBRL-tagged financial statements that ROYAL CARIBBEAN CRUISES LTD filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.

Overview All Filings Financials Insiders
183%
Profit Margin
Net income ÷ revenue
10.3%
Return on Assets
Net income ÷ assets
3.13x
Debt-to-Equity
Total liabilities ÷ equity
-16.6%
Revenue Growth
Year over year

Revenue

Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.

Fiscal Year Period End Value Filed
FY2018 Dec 31, 2018 $2.33B Feb 22, 2019
FY2018 Sep 30, 2018 $2.80B Feb 22, 2019
FY2018 Jun 30, 2018 $2.34B Feb 22, 2019
FY2018 Mar 31, 2018 $2.03B Feb 22, 2019
FY2018 Dec 31, 2017 $2.00B Feb 22, 2019
FY2018 Sep 30, 2017 $2.57B Feb 22, 2019
FY2018 Jun 30, 2017 $2.20B Feb 22, 2019
FY2018 Mar 31, 2017 $2.01B Feb 22, 2019
FY2017 Dec 31, 2016 $1.91B Feb 21, 2018
FY2017 Sep 30, 2016 $2.56B Feb 21, 2018

Revenue

Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $17.94B Feb 11, 2026
FY2025 Dec 31, 2024 $16.48B Feb 11, 2026
FY2025 Dec 31, 2023 $13.90B Feb 11, 2026
FY2024 Dec 31, 2022 $8.84B Feb 14, 2025
FY2023 Dec 31, 2021 $1.53B Feb 21, 2024
FY2020 Dec 31, 2020 $34.14M Feb 26, 2021
FY2020 Sep 30, 2020 ($33.69M) Feb 26, 2021
FY2020 Jun 30, 2020 $175.61M Feb 26, 2021
FY2020 Mar 31, 2020 $2.03B Feb 26, 2021
FY2020 Dec 31, 2019 $2.52B Feb 26, 2021

Net Income

The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $4.27B Feb 11, 2026
FY2025 Dec 31, 2024 $2.88B Feb 11, 2026
FY2025 Dec 31, 2023 $1.70B Feb 11, 2026
FY2024 Dec 31, 2022 ($2.16B) Feb 14, 2025
FY2023 Dec 31, 2021 ($5.26B) Feb 21, 2024
FY2020 Dec 31, 2020 ($1.37B) Feb 26, 2021
FY2020 Sep 30, 2020 ($1.35B) Feb 26, 2021
FY2020 Jun 30, 2020 ($1.64B) Feb 26, 2021
FY2020 Mar 31, 2020 ($1.44B) Feb 26, 2021
FY2020 Dec 31, 2019 $273.14M Feb 26, 2021

Operating Income

Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $4.91B Feb 11, 2026
FY2025 Dec 31, 2024 $4.11B Feb 11, 2026
FY2025 Dec 31, 2023 $2.88B Feb 11, 2026
FY2024 Dec 31, 2022 ($766.00M) Feb 14, 2025
FY2023 Dec 31, 2021 ($3.87B) Feb 21, 2024
FY2020 Dec 31, 2020 ($1.02B) Feb 26, 2021
FY2020 Sep 30, 2020 ($996.11M) Feb 26, 2021
FY2020 Jun 30, 2020 ($1.28B) Feb 26, 2021
FY2020 Mar 31, 2020 ($1.31B) Feb 26, 2021
FY2020 Dec 31, 2019 $299.43M Feb 26, 2021

Total Assets

The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $41.62B Feb 11, 2026
FY2025 Dec 31, 2024 $37.07B Feb 11, 2026
FY2024 Dec 31, 2023 $35.13B Feb 14, 2025
FY2023 Dec 31, 2022 $33.78B Feb 21, 2024
FY2022 Dec 31, 2021 $32.26B Feb 23, 2023
FY2021 Dec 31, 2020 $32.47B Mar 1, 2022
FY2020 Dec 31, 2019 $30.32B Feb 26, 2021
FY2019 Dec 31, 2018 $27.70B Feb 25, 2020
FY2018 Dec 31, 2017 $22.36B Feb 22, 2019
FY2017 Dec 31, 2016 $22.31B Feb 21, 2018

Total Liabilities

All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $31.37B Feb 11, 2026
FY2025 Dec 31, 2024 $29.34B Feb 11, 2026
FY2024 Dec 31, 2023 $30.23B Feb 14, 2025
FY2023 Dec 31, 2022 $30.91B Feb 21, 2024
FY2022 Dec 31, 2021 $27.17B Feb 23, 2023
FY2021 Dec 31, 2020 $23.70B Mar 1, 2022
FY2020 Dec 31, 2019 $17.59B Feb 26, 2021
FY2019 Dec 31, 2018 $16.05B Feb 25, 2020
FY2018 Dec 31, 2017 $11.66B Feb 22, 2019

Stockholders Equity

The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $10.04B Feb 11, 2026
FY2025 Dec 31, 2024 $7.56B Feb 11, 2026
FY2024 Dec 31, 2023 $4.72B Feb 14, 2025
FY2023 Dec 31, 2022 $2.87B Feb 21, 2024
FY2022 Dec 31, 2021 $5.09B Feb 23, 2023
FY2022 Dec 31, 2020 $8.76B Feb 23, 2023
FY2022 Dec 31, 2019 $12.16B Feb 23, 2023
FY2021 Dec 31, 2018 $11.11B Mar 1, 2022
FY2020 Dec 31, 2017 $10.70B Feb 26, 2021
FY2019 Dec 31, 2016 $9.12B Feb 25, 2020

EPS (Basic)

Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 15 Feb 11, 2026
FY2025 Dec 31, 2024 11 Feb 11, 2026
FY2025 Dec 31, 2023 6 Feb 11, 2026
FY2024 Dec 31, 2022 (8) Feb 14, 2025
FY2023 Dec 31, 2021 (20) Feb 21, 2024
FY2020 Dec 31, 2020 (6) Feb 26, 2021
FY2020 Sep 30, 2020 (6) Feb 26, 2021
FY2020 Jun 30, 2020 (7) Feb 26, 2021
FY2020 Mar 31, 2020 (6) Feb 26, 2021
FY2020 Dec 31, 2019 1 Feb 26, 2021

EPS (Diluted)

Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 15 Feb 11, 2026
FY2025 Dec 31, 2024 10 Feb 11, 2026
FY2025 Dec 31, 2023 6 Feb 11, 2026
FY2024 Dec 31, 2022 (8) Feb 14, 2025
FY2023 Dec 31, 2021 (20) Feb 21, 2024
FY2020 Dec 31, 2020 (6) Feb 26, 2021
FY2020 Sep 30, 2020 (6) Feb 26, 2021
FY2020 Jun 30, 2020 (7) Feb 26, 2021
FY2020 Mar 31, 2020 (6) Feb 26, 2021
FY2020 Dec 31, 2019 1 Feb 26, 2021

Cash & Equivalents

Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.

Fiscal Year Period End Value Filed
FY2025 Dec 31, 2025 $825.00M Feb 11, 2026
FY2025 Dec 31, 2024 $388.00M Feb 11, 2026
FY2024 Dec 31, 2023 $497.00M Feb 14, 2025
FY2023 Dec 31, 2022 $1.94B Feb 21, 2024
FY2022 Dec 31, 2021 $2.70B Feb 23, 2023
FY2021 Dec 31, 2020 $3.68B Mar 1, 2022
FY2020 Dec 31, 2019 $243.74M Feb 26, 2021
FY2019 Dec 31, 2018 $287.85M Feb 25, 2020
FY2018 Dec 31, 2017 $120.11M Feb 22, 2019
FY2018 Dec 31, 2016 $132.60M Feb 22, 2019

Long-Term Debt

Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.

Fiscal Year Period End Value Filed
FY2011 Dec 31, 2011 $8.50B Feb 29, 2012
FY2011 Dec 31, 2010 $9.15B Feb 29, 2012