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
Follow RCL
Alert me
Royal Caribbean Cruises Ltd. (RCL) Return on equity
Royal Caribbean Cruises Ltd.'s return on equity over the twelve months to 30 September 2026 was 41.0%, down 6.5 percentage points from fiscal 2025 (47.5%). Over the past ten years it has ranged from −76.0% (fiscal 2021) to 47.5% (fiscal 2025) — the current reading is the highest in ten years. That is above the Travel Services industry median of 1.26% and above the Consumer Cyclical sector median of 3.20%.
Return on equity, annual
Embed this chart
Annual newest first
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | 47.5% | 1.93 |
| FY2024 | 45.5% | 1.85 |
| FY2023 | 43.7% | 97.90 |
| FY2022 | −54.2% | 21.77 |
| FY2021 | −76.0% | (20.57) |
| FY2020 | −55.4% | (71.56) |
| FY2019 | 16.2% | (0.46) |
| FY2018 | 16.6% | 0.21 |
| FY2017 | 16.4% | 1.46 |
| FY2016 | 14.9% | 6.79 |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| VIK Viking Holdings Ltd. compare | 194.5% |
| EXPE Expedia Group, Inc. compare | 76.5% |
| RCL Royal Caribbean Cruises Ltd. | 41.0% |
| ABNB Airbnb, Inc. compare | 35.8% |
| NCLH Norwegian Cruise Line Holdings Ltd. compare | 31.2% |
| CCL Carnival Corporation compare | 24.0% |
| TCOM Trip.com Group Limited Sponsored ADR compare | 0.00% |
| BKNG Booking Holdings Inc. compare | −94.8% |
| MMYT MakeMyTrip Limited compare | −162.4% |
| Travel Services industry median | 1.26% |
| Consumer Cyclical sector median | 3.20% |
| Market median | 0.51% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)
More on RCL
- Revenue
- 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 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