Royal Caribbean Cruises Ltd.
RCL Consumer Cyclical Travel Services
Royal Caribbean Cruises Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $17.9 billion, up 8.80% from fiscal 2024.
- Revenue
- +8.80%
- EPS
- +11.6%
- Free cash flow
- +194.7%
- Total debt
- +10.2%
Quarter to September 2026, against a year earlier
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Royal Caribbean Cruises Ltd. (RCL) Net income
Royal Caribbean Cruises Ltd.'s net income for fiscal 2025 was $4.3B, up 48.2% from $2.9B in fiscal 2024. Over the twelve months to 30 September 2026 it was $4.6B. Over the past ten years it has ranged from −$5.8B (fiscal 2020) to $4.3B (fiscal 2025) — the current reading is the highest in ten years. Net income has risen for 5 consecutive fiscal years. Royal Caribbean Cruises Ltd. ranks 3rd of 17 Travel Services companies by net income.
Net income, annual
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Annual newest first
| Period | Net income | Change |
|---|---|---|
| FY2025 | $4.3B | 48.17% |
| FY2024 | $2.9B | 69.95% |
| FY2023 | $1.7B | — |
| FY2022 | −$2.2B | — |
| FY2021 | −$5.3B | — |
| FY2020 | −$5.8B | — |
| FY2019 | $1.9B | 5.06% |
| FY2018 | $1.8B | 11.73% |
| FY2017 | $1.6B | 26.63% |
| FY2016 | $1.3B | 92.76% |
Quarterly newest first
| Period | Net income | Change |
|---|---|---|
| Sep 2026 | $1.7B | 52.73% |
| Jun 2026 | $1.1B | 19.58% |
| Mar 2026 | $950.0M | 24.67% |
| Dec 2025 | $762.0M | (51.74%) |
| 43 more quarters | Free account |
Against its own ten years
Net income against peers
| Company | Net income |
|---|---|
| BKNG Booking Holdings Inc. compare | $7.2B |
| TCOM Trip.com Group Limited Sponsored ADR compare | $4.8B |
| RCL Royal Caribbean Cruises Ltd. | $4.6B |
| ABNB Airbnb, Inc. compare | $3.2B |
| CCL Carnival Corporation compare | $3.1B |
| EXPE Expedia Group, Inc. compare | $2.1B |
| VIK Viking Holdings Ltd. compare | $1.3B |
| NCLH Norwegian Cruise Line Holdings Ltd. compare | $832.9M |
| MMYT MakeMyTrip Limited compare | $42.5M |
What Net income is
Net Income tells an investor how much profit a company kept in a period after every cost, interest charge and tax.
Reported line item
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- Revenue
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
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- Piotroski F-score
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