# Royal Caribbean Group (RCL)

**Exchange:** NYSE  
**Sector:** Consumer Cyclical  
**Market cap:** $73.63B  
**Price:** $268.73 (-4.79%)

> Royal Caribbean Group is a global vacation company focused on cruise and destination-based travel experiences. The group operates a diversified fleet of ships serving more than 1,000 destinations across all seven continents through its primary brands Royal Caribbean International, Celebrity Cruises, and Silversea. It also holds a joint venture interest in TUI Cruises, which includes the Mein Schiff and Hapag-Lloyd cruise brands. Royal Caribbean Group positions its offerings across the contemporary, premium, and luxury segments, providing a range of itineraries from short regional trips to extended international voyages. The company emphasizes shipboard amenities, onboard entertainment, dining, and curated shore excursions, as well as access to exclusive private destinations. Headquartered in Miami, Florida, Royal Caribbean Group plays a significant role in the travel and leisure industry, serving individual travelers, groups, and corporate clients seeking ocean-based vacation experiences.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $17.93B | $8.85B | $4.91B | $4.27B | $15.61 |
| 2024 | $16.48B | $7.83B | $4.11B | $2.88B | $10.94 |
| 2023 | $13.90B | $6.13B | $2.88B | $1.70B | $6.31 |
| 2022 | $8.84B | $2.22B | -$766M | -$2.16B | $-8.45 |
| 2021 | $1.53B | -$1.21B | -$3.87B | -$5.26B | $-20.89 |
| 2020 | $2.21B | -$556M | -$4.60B | -$5.80B | $-27.05 |
| 2019 | $10.95B | $4.89B | $2.08B | $1.88B | $8.95 |
| 2018 | $9.49B | $4.23B | $1.89B | $1.81B | $8.56 |
| 2017 | $8.78B | $3.88B | $1.74B | $1.63B | $7.53 |
| 2016 | $8.50B | $3.48B | $1.48B | $1.28B | $5.93 |
| 2015 | $8.30B | $3.20B | $875M | $666M | $3.02 |
| 2014 | $8.07B | $2.77B | $942M | $764M | $3.43 |
| 2013 | $7.96B | $2.65B | $798M | $474M | $2.14 |
| 2012 | $7.69B | $2.53B | $403M | $18M | $0.08 |
| 2011 | $7.54B | $2.59B | $932M | $607M | $2.77 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $41.62B | $31.37B | $10.04B | $825M | — |
| 2024 | $37.07B | $29.34B | $7.56B | $388M | — |
| 2023 | $35.13B | $30.23B | $4.72B | $497M | — |
| 2022 | $33.78B | $30.91B | $2.87B | $1.94B | — |
| 2021 | $32.26B | $27.17B | $5.09B | $2.70B | — |
| 2020 | $32.47B | $23.70B | $8.76B | $3.68B | — |
| 2019 | $30.32B | $17.59B | $12.16B | $244M | — |
| 2018 | $27.70B | $16.05B | $11.11B | $288M | — |
| 2017 | $22.36B | $11.66B | $10.70B | $120M | — |
| 2016 | $22.31B | $13.19B | $9.12B | $133M | — |
| 2015 | $20.78B | $12.72B | $8.06B | $122M | — |
| 2014 | $20.71B | $12.43B | $8.28B | $189M | — |
| 2013 | $20.07B | $11.26B | $8.81B | $205M | — |
| 2012 | $19.83B | $11.52B | $8.31B | $195M | — |
| 2011 | $19.80B | $11.40B | $8.41B | $262M | $8.50B |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $6.46B | $5.23B | $1.24B |
| 2024 | $5.26B | $3.27B | $2.00B |
| 2023 | $4.48B | $3.90B | $580M |
| 2022 | $481M | $2.71B | -$2.23B |
| 2021 | -$1.88B | $2.23B | -$4.11B |
| 2020 | -$3.73B | $1.97B | -$5.70B |
| 2019 | $3.72B | $3.02B | $692M |
| 2018 | $3.48B | $3.66B | -$181M |
| 2017 | $2.87B | $564M | $2.31B |
| 2016 | $2.52B | $2.49B | $22M |
| 2015 | $1.95B | $1.61B | $333M |
| 2014 | $1.74B | $1.81B | -$68M |
| 2013 | $1.41B | $764M | $648M |
| 2012 | $1.38B | $1.29B | $90M |
| 2011 | $1.46B | $1.17B | $282M |

Source: [CompaniesByCap](https://companiesbycap.com/company/RCL)