Royal Caribbean Group Cash Flow Statement
RCL / Consumer Discretionary|15 years of annual SEC 10-K data (FY2011-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 15 fiscal years. All figures from audited SEC 10-K filings.
Royal Caribbean Group generated $6.5B in operating cash flow and $1.2B in free cash flow in FY2025. Free cash flow margin was 6.9% of revenue.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.88 (distress zone, below 1.8 threshold)
- Strong profit margin: 23.3%
- High earnings quality (cash-backed earnings)
- Strong return on equity: 40.3%
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $4.3B | $2.9B | -$5.3B | -$2.2B | -$5.3B | -$5.8B | $1.9B | $1.3B | $1.6B | $764.1M | $665.8M | $764.1M | $607.4M | $18.3M | $607.4M |
| Depreciation & Amortization | $1.7B | $1.6B | $1.3B | $1.4B | $1.3B | $1.3B | $1.2B | $894.9M | $951.2M | $772.4M | $827.0M | $772.4M | $702.4M | $730.5M | $702.4M |
| Operating Cash Flow | $6.5B | $5.3B | -$1.9B | $481.0M | -$1.9B | -$3.7B | $3.7B | $2.5B | $2.9B | $1.7B | $1.9B | $1.7B | $1.5B | $1.4B | $1.5B |
| Capital Expenditures | $5.2B | $3.3B | $2.2B | $2.7B | $2.2B | $2.0B | $3.0B | $2.5B | $564.1M | $1.8B | $1.6B | $1.8B | $1.2B | $1.3B | $1.2B |
| Free Cash Flow | $1.2B | $2.0B | -$4.1B | -$2.2B | -$4.1B | -$5.7B | $691.7M | $22.3M | $2.3B | -$67.6M | $333.0M | -$67.6M | $282.1M | $90.2M | $282.1M |
| Share Buybacks | $1.2B | $0 | - | - | $0 | $0 | $99.6M | $300.0M | $225.0M | $236.1M | $200.0M | $236.1M | - | $0 | - |
| Dividends Paid | $824.0M | $107.0M | - | $0 | $0 | $326.4M | $602.7M | $346.5M | $437.5M | $199.0M | $280.2M | $199.0M | $21.7M | $117.7M | $21.7M |
| FCF Margin | 6.9% | 12.1% | -268.2% | -25.2% | -268.2% | -257.9% | 6.3% | 0.3% | 115.0% | -0.8% | 4.0% | -0.8% | 3.7% | 1.2% | 3.7% |