Company / Operating Margin
Royal Caribbean Group Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
27.4%
FY2025
5-year range
-252.6% / 27.4%
FY2021-FY2025
Trend
+9.9%
vs FY2024
Sector context
#11 of 195
Consumer Discretionary
What the data says
Among 195 Consumer Discretionary companies, Royal Caribbean Group is in the top 6% for operating margin. Operating Margin has fluctuated over the past 10 years, ranging from -252.6% in FY2023 to 86.8% in FY2017.
Based on SEC 10-K filings.
27.4% in FY2025 with a 5-year CAGR of +235.7%. Top quartile in the Consumer Discretionary sector.
Improved from -252.6% to 27.4% over the past 2 years.
Consumer Discretionary sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +36.0pp
- 5-Year Change
- +235.7pp
- 10-Year Change
- -
Sector benchmark
+663.5% above sector average
Key checks
Key Insights
- In FY2025, operating margin increased 9.9% year-over-year.
- Currently 23.8pp above the Consumer Discretionary sector average.
- Peak operating margin was recorded in FY2017.
- Lowest operating margin 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 | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 27.4% | +9.9% |
| FY2024 | 24.9% | +109.9% |
| FY2023 | -252.6% | -2813.6% |
| FY2022 | -8.7% | +96.6% |
| FY2021 | -252.6% | -21.3% |
| FY2020 | -208.3% | -1195.3% |
| FY2019 | 19.0% | +9.4% |
| FY2018 | 17.4% | -80.0% |
| FY2017 | 86.8% | +644.0% |
| FY2016 | 11.7% | +10.7% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026