Royal Caribbean Group (RCL) financial statements

+174.5%since 2008
FY2025 revenue
$17.9B▲ +8.8%
FY2025 net income
$4.3B▲ +48.3%
FY2025 diluted EPS
$15.61▲ +42.7%
FY2025 free cash flow
$1.2B▼ −38.1%

Royal Caribbean Group income statement

Royal Caribbean Group income statement
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Revenue17,93516,48413,900
Operating income4,9104,1062,878
Pretax income4,3732,9411,711
Net income4,2682,8771,697
Diluted earnings per share15.6110.946.31

Royal Caribbean Group balance sheet

Royal Caribbean Group balance sheet
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Cash and cash equivalents825388497
Total assets41,61937,07035,131
Total liabilities31,37429,33530,232
Total equity10,2457,7354,899
Long-term debt18,16518,47319,732

Royal Caribbean Group cash flow statement

Royal Caribbean Group cash flow statement
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Operating cash flow6,4655,2654,477
Capital expenditure-5,229-3,268-3,897
Free cash flow (derived)1,2361,997580
Dividends paid-824-1070
Share repurchases-1,15900

Quarterly highlights

Quarterly highlights
USD millionsQ3 FY2026Q2 FY2026Q1 FY2026Q4 FY2025
Period ended30 Sep 202630 Jun 202631 Mar 202631 Dec 2025
Revenue (derived)5,5914,8324,4524,259
Operating income (derived)1,8711,3071,162933
Net income (derived)1,7281,128941754
Diluted earnings per share6.454.203.48n/a
Operating cash flow (derived)1,5801,8601,8341,623
Total assets44,81344,64441,99041,619

Royal Caribbean Group major shareholders

Royal Caribbean Group major shareholders
HolderShare of classSharesFiled
Capital International Investors9.5%25,763,01114 May 2026
Capital World Investors7.6%20,614,42314 May 2026
BlackRock, Inc.7.4%20,166,39818 October 2025
Vanguard Capital Management6.9%18,582,41330 April 2026
A WILHELMSEN A S6.8%18,167,50713 February 2025

Royal Caribbean Group 10-K and SEC filings

Royal Caribbean Group 10-K and SEC filings
FiledFormTypeDescription
27 October 202610-QQuarterly reportQuarterly report
27 October 20268-KCurrent reportCurrent report
23 September 20268-KCurrent reportFORM 8-K
20 August 20268-KCurrent reportFORM 8-K
7 August 20268-KCurrent reportFORM 8-K
28 July 202610-QQuarterly reportQuarterly report
28 July 20268-KCurrent reportCurrent report
20 July 20268-KCurrent reportFORM 8-K

Common questions

What was Royal Caribbean Group's revenue in fiscal 2025?

Royal Caribbean Group reported $17.9 billion in revenue for fiscal 2025, the year ended 31 December 2025, up 8.8% from fiscal 2024.

What was Royal Caribbean Group's net income in fiscal 2025?

Royal Caribbean Group reported net income of $4.3 billion for fiscal 2025, the year ended 31 December 2025, up 48.3% from fiscal 2024. Diluted earnings per share were $15.61.

What was Royal Caribbean Group's free cash flow in fiscal 2025?

Royal Caribbean Group had $1.2 billion in free cash flow in fiscal 2025. Operating cash flow was $6.5 billion and capital expenditure was $5.2 billion.

What were Royal Caribbean Group's total assets at the end of fiscal 2025?

Royal Caribbean Group reported total assets of $41.6 billion at the end of fiscal 2025, the year ended 31 December 2025.

How much Royal Caribbean Group history do I get?

Every account gets the full history, annual and quarterly, with first reported values and as of dates.