Royal Caribbean Group Income Statement
RCL / Consumer Discretionary|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Royal Caribbean Group reported $17.9B in revenue and $4.3B in net income for FY2025. Revenue has grown at a 6.4% compound annual rate over the past 14 years.
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.9B | $16.5B | $1.5B | $8.8B | $1.5B | $2.2B | $11.0B | $8.5B | $2.0B | $8.1B | $8.3B | $8.1B | $7.5B | $7.7B | $7.5B |
| Cost of Revenue | $9.1B | $8.7B | $2.7B | $6.6B | $2.7B | $2.8B | $6.1B | $5.0B | $4.9B | $5.3B | $5.1B | $5.3B | $4.9B | $5.2B | $4.9B |
| SG&A Expense | $2.2B | $2.1B | $1.4B | $1.6B | $1.4B | $1.2B | $1.6B | $1.1B | $1.2B | $1.0B | $1.1B | $1.0B | $960.6M | $1.0B | $960.6M |
| Operating Income | $4.9B | $4.1B | -$3.9B | -$766.0M | -$3.9B | -$4.6B | $2.1B | $1.5B | $1.7B | $941.9M | $874.9M | $941.9M | $931.6M | $403.1M | $931.6M |
| Interest Expense | - | - | $1.3B | $1.4B | $1.3B | $844.2M | $408.5M | $307.4M | $300.0M | $258.3M | $277.7M | $258.3M | $382.4M | $355.8M | $382.4M |
| Income Tax | $82.0M | $46.0M | -$45.0M | $4.0M | -$45.0M | - | - | - | - | - | - | - | - | $55.5M | $20.7M |
| 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 |
| EPS (Basic) | $6.63 | -$8.45 | -$20.89 | -$27.05 | $8.97 | $8.60 | $7.57 | $5.96 | $3.03 | $3.45 | $3.03 | $2.16 | $2.80 | $2.40 | $0.71 |
| EPS (Diluted) | $6.31 | -$8.45 | -$20.89 | -$27.05 | $8.95 | $8.56 | $7.53 | $5.93 | $3.02 | $3.43 | $3.02 | $2.14 | $2.77 | $2.37 | $0.71 |
| Shares Outstanding | 283.0M | 255.0M | 252.0M | 214.3M | 209.9M | 211.6M | 215.7M | 216.3M | 220.7M | 223.0M | 220.7M | 220.9M | 219.2M | 217.7M | 215.3M |
| Operating Margin | 27.4% | 24.9% | -252.6% | -8.7% | -252.6% | -208.3% | 19.0% | 17.4% | 86.8% | 11.7% | 10.5% | 11.7% | 12.4% | 5.2% | 12.4% |
| Profit Margin | 23.8% | 17.4% | -343.3% | -24.4% | -343.3% | -262.5% | 17.2% | 15.1% | 80.9% | 9.5% | 8.0% | 9.5% | 8.1% | 0.2% | 8.1% |