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. In the quarter to June 2026, revenue grew 6.48%, EPS fell 5.39%, free cash flow fell 196.4% and total debt rose 20.1%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years, revenue growth for three, operating cash flow growth for five.

277.68 2.33 −0.83%
Market cap
$74.9B
P/E
17.1×
Fwd P/E
16.3×
Dividend yield
1.98%
F-score
7/9
Altman Z
2.18
Beneish M
−2.86
Dividend safety
57/100

Royal Caribbean Cruises Ltd. (RCL) Return on assets

Alert me on Return on assets

Royal Caribbean Cruises Ltd.'s return on assets over the twelve months to 30 June 2026 was 10.6%, down 0.3 percentage points from fiscal 2025 (10.9%). Over the past ten years it has ranged from −18.5% (fiscal 2020) to 10.9% (fiscal 2025) — the current reading is the highest in ten years. That is above the Travel Services industry median of 3.46% and above the Consumer Cyclical sector median of 0.87%.

Return on assets, annual

Embed this chart

Annual newest first

Period Return on assets Change (points)
FY2025 10.9% 2.88
FY2024 7.97% 3.04
FY2023 4.93% 11.46
FY2022 −6.53% 9.72
FY2021 −16.3% 2.22
FY2020 −18.5% (24.95)
FY2019 6.48% (0.76)
FY2018 7.24% (0.04)
FY2017 7.28% 1.32
FY2016 5.96% 2.75

Against its own ten years

Low −18.5% High 10.9%
Ten-year median 5.96%
Current reading's percentile 100

Return on assets against peers

Company Return on assets
BKNG Booking Holdings Inc. compare 23.9%
VIK Viking Holdings Ltd. compare 10.8%
RCL Royal Caribbean Cruises Ltd. 10.6%
ABNB Airbnb, Inc. compare 9.65%
TCOM Trip.com Group Limited Sponsored ADR compare 9.52%
EXPE Expedia Group, Inc. compare 7.27%
CCL Carnival Corporation compare 6.16%
NCLH Norwegian Cruise Line Holdings Ltd. compare 3.34%
MMYT MakeMyTrip Limited compare 1.03%
Travel Services industry median 3.46%
Consumer Cyclical sector median 0.87%
Market median 0.00%

What Return on assets is

ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.

Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)

The full definition of Return on assets →

More on RCL