Company / Cost of Revenue
Royal Caribbean Group Cost of Revenue History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$9.1B
FY2025
5-year range
$2.7B / $9.1B
FY2021-FY2025
Trend
+5.0%
vs FY2024
Sector context
#30 of 168
Consumer Discretionary
What the data says
Royal Caribbean Group's cost of revenue of $9.1B is higher than 82% of companies in the Consumer Discretionary sector (FY2025). Cost of Revenue has fluctuated over the past 10 years, ranging from $2.7B in FY2023 to $9.1B in FY2025.
Based on SEC 10-K filings.
$9.1B in FY2025 with a 5-year CAGR of +26.9%. Top quartile in the Consumer Discretionary sector.
Increased from $2.7B to $9.1B over the past 2 years.
Consumer Discretionary sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +11.1%
- 5-Year CAGR
- +26.9%
- 10-Year CAGR
- -
Sector benchmark
-2.6% below sector average
Key checks
Key Insights
- 5-year CAGR of +26.9%, indicating consistent growth.
- In FY2025, cost of revenue increased 5.0% year-over-year.
- Ranks #30 out of 168 companies in the Consumer Discretionary sector.
- Lowest cost of revenue in the period was in FY2023.
Company context
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.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $9.1B | +5.0% |
| FY2024 | $8.7B | +215.9% |
| FY2023 | $2.7B | -58.6% |
| FY2022 | $6.6B | +141.5% |
| FY2021 | $2.7B | -0.9% |
| FY2020 | $2.8B | -54.4% |
| FY2019 | $6.1B | +20.9% |
| FY2018 | $5.0B | +2.4% |
| FY2017 | $4.9B | -7.7% |
| FY2016 | $5.3B | +4.1% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026