stockrowRoyal 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) Revenue
Royal Caribbean Cruises Ltd.'s revenue for fiscal 2025 was $17.9B, up 8.80% from $16.5B in fiscal 2024. Over the twelve months to 30 September 2026 it was $19.1B. Over the past ten years it has ranged from $1.5B (fiscal 2021) to $17.9B (fiscal 2025) — the current reading is the highest in ten years. Revenue has risen for 4 consecutive fiscal years. Royal Caribbean Cruises Ltd. ranks 3rd of 16 Travel Services companies by revenue.
Revenue, annual
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Annual newest first
| Period | Revenue | Change |
|---|---|---|
| FY2025 | $17.9B | 8.80% |
| FY2024 | $16.5B | 18.59% |
| FY2023 | $13.9B | 57.24% |
| FY2022 | $8.8B | 477.02% |
| FY2021 | $1.5B | (30.64%) |
| FY2020 | $2.2B | (79.83%) |
| FY2019 | $11.0B | 15.34% |
| FY2018 | $9.5B | 8.16% |
| FY2017 | $8.8B | 3.31% |
| FY2016 | $8.5B | 2.38% |
Quarterly newest first
| Period | Revenue | Change |
|---|---|---|
| Sep 2026 | $5.6B | 15.71% |
| Jun 2026 | $4.8B | 8.54% |
| Mar 2026 | $4.5B | 4.53% |
| Dec 2025 | $4.3B | (17.12%) |
| 43 more quarters | Free account |
Against its own ten years
Revenue against peers
| Company | Revenue |
|---|---|
| BKNG Booking Holdings Inc. compare | $28.1B |
| CCL Carnival Corporation compare | $27.6B |
| RCL Royal Caribbean Cruises Ltd. | $19.1B |
| EXPE Expedia Group, Inc. compare | $16.2B |
| ABNB Airbnb, Inc. compare | $13.9B |
| NCLH Norwegian Cruise Line Holdings Ltd. compare | $10.2B |
| TCOM Trip.com Group Limited Sponsored ADR compare | $9.6B |
| VIK Viking Holdings Ltd. compare | $7.0B |
| MMYT MakeMyTrip Limited compare | $1.1B |
What Revenue is
Revenue tells an investor how much a company brought in from selling its goods and services over a period, before any costs are taken out.
Reported line item
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- Net income
- 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
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement