Company / SG&A Expense
Royal Caribbean Group SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$2.2B
FY2025
5-year range
$1.4B / $2.2B
FY2021-FY2025
Trend
+4.6%
vs FY2024
Sector context
#39 of 222
Consumer Discretionary
What the data says
Royal Caribbean Group's sg&a expense of $2.2B is higher than 82% of companies in the Consumer Discretionary sector (FY2025). SG&A Expense has fluctuated over the past 10 years, ranging from $1.0B in FY2016 to $2.2B in FY2025.
Based on SEC 10-K filings.
$2.2B in FY2025 with a 5-year CAGR of +13.1%. Top quartile in the Consumer Discretionary sector.
Increased from $1.4B to $2.2B over the past 2 years.
Consumer Discretionary sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +12.0%
- 5-Year CAGR
- +13.1%
- 10-Year CAGR
- -
Sector benchmark
+45.7% above sector average
Key checks
Key Insights
- 5-year CAGR of +13.1%, indicating consistent growth.
- In FY2025, sg&a expense increased 4.6% year-over-year.
- Ranks #39 out of 222 companies in the Consumer Discretionary sector.
- Lowest sg&a expense in the period was in FY2016.
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 | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.2B | +4.6% |
| FY2024 | $2.1B | +55.1% |
| FY2023 | $1.4B | -13.5% |
| FY2022 | $1.6B | +15.5% |
| FY2021 | $1.4B | +14.2% |
| FY2020 | $1.2B | -23.1% |
| FY2019 | $1.6B | +40.6% |
| FY2018 | $1.1B | -6.5% |
| FY2017 | $1.2B | +13.1% |
| FY2016 | $1.0B | -3.5% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026