← ROYAL CARIBBEAN CRUISES LTD
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | $8.5b |
$8.8b
+3.31%
|
$9.5b
+8.16%
|
$11.0b
+15.34%
|
$2.2b
-79.83%
|
$1.5b
-30.64%
|
$8.8b
+477.01%
|
$13.9b
+57.23%
|
$16.5b
+18.59%
|
$17.9b
+8.80%
|
$18.7b
+4.16%
|
|
| Cost of Revenue | $5.0b |
$4.9b
-2.37%
|
$5.3b
+7.47%
|
$6.1b
+15.21%
|
$2.8b
-54.39%
|
$2.7b
-0.94%
|
$6.6b
+141.55%
|
$7.8b
+17.52%
|
$8.7b
+11.28%
|
$9.1b
+4.98%
|
$9.5b
+4.75%
|
|
| Gross Profit | $3.5b |
$3.9b
+11.50%
|
$4.2b
+9.03%
|
$4.9b
+15.51%
|
($556.3m)
-111.38%
|
($1.2b)
-116.94%
|
$2.2b
+284.32%
|
$6.1b
+175.34%
|
$7.8b
+27.87%
|
$8.9b
+13.02%
|
$9.2b
+3.56%
|
|
| Total cruise operating expenses | $5.0b | $4.9b | $5.3b | $6.1b | $2.8b | $2.7b | $6.6b | $7.8b | $8.7b | $9.1b | — | |
| Operating Income | $1.5b |
$1.7b
+18.06%
|
$1.9b
+8.64%
|
$2.1b
+9.92%
|
($4.6b)
-320.94%
|
($3.9b)
+15.89%
|
($764.0m)
+80.26%
|
$2.9b
+476.71%
|
$4.1b
+42.67%
|
$4.9b
+19.58%
|
$5.1b
+3.99%
|
|
| Interest expense, net of interest capitalized | ($307.4m) | ($300.0m) | ($333.7m) | ($408.5m) | ($844.2m) | ($1.3b) | ($1.4b) | ($1.4b) | ($1.6b) | ($992.0m) | $1.0b | |
| Interest income | $20.9m | $30.1m | $32.8m | $26.9m | $21.0m | $16.8m | $35.9m | $36.0m | $16.0m | $24.0m | $19.0m | |
| Equity investment income | $128.3m | $156.2m | $210.8m | $231.0m | ($213.3m) | ($135.5m) | $56.7m | $200.0m | $260.0m | $414.0m | — | |
| Gain (loss) on cash flow derivative hedges | $411.2m | $570.5m | ($286.9m) | ($151.3m) | $38.0m | $4.0m | $8.5m | ($27.0m) | ($157.0m) | $228.0m | — | |
| Other income (expense) | ($35.7m) | ($5.3m) | $11.1m | ($24.5m) | ($137.1m) | $20.3m | ($120.4m) | ($8.0m) | $103.0m | $17.0m | $421.0m | |
| Income before income taxes | — | — | — | — | — | — | — | $1.7b | $2.9b | $4.4b | $4.5b | |
| Provision for income taxes | — | — | — | — | — | — | — | ($6.0m) | ($46.0m) | ($82.0m) | — | |
| Net Income | $1.3b |
$1.6b
+26.63%
|
$1.8b
+11.73%
|
$1.9b
+5.06%
|
($5.8b)
-402.74%
|
($5.3b)
+8.91%
|
($2.2b)
+59.02%
|
$1.7b
+179.04%
|
$2.9b
+69.95%
|
$4.3b
+48.17%
|
$4.4b
+2.49%
|
|
| Net Income attributable to Royal Caribbean Cruises Ltd. | $1.3b | $1.6b | $1.8b | $1.9b | ($5.8b) | ($5.3b) | ($2.2b) | $1.7b | $2.9b | $4.3b | $4.4b | |
| Less: Net Income attributable to noncontrolling interest | $0 | $0 | $4.8m | $28.7m | $22.3m | $0 | $0 | $7.0m | $18.0m | $23.0m | — | |
| Basic (in dollars per share) | $5.96 | $7.57 | $8.60 | $8.97 | ($27.05) | ($20.89) | ($8.45) | $6.63 | $11.00 | $15.75 | — | |
| Diluted (in dollars per share) | $5.93 | $7.53 | $8.56 | $8.95 | ($27.05) | ($20.89) | ($8.45) | $6.31 | $10.94 | $15.61 | — | |
| Comprehensive Income (Loss) | ||||||||||||
| Marketing, selling and administrative expenses | $1.1b | $1.2b | $1.3b | $1.6b | $1.2b | $1.4b | $1.6b | $1.8b | $2.1b | $2.2b | — | |
| Depreciation and amortization expenses | $894.9m | $951.2m | $1.0b | $1.2b | $1.3b | $1.3b | $1.4b | $1.5b | $1.6b | $1.7b | $1.8b | |
| Foreign currency translation adjustments | $2.4m | $17.3m | ($14.3m) | $869k | $40.3m | $15.7m | $10.3m | ($9.0m) | $17.0m | ($26.0m) | — | |
| Change in defined benefit plans | ($1.6m) | ($5.6m) | $7.6m | ($19.5m) | ($20.0m) | $8.7m | $48.9m | $6.0m | $12.0m | ($4.0m) | — | |
| Less: Comprehensive Income attributable to noncontrolling interest | $0 | $0 | $4.8m | $28.7m | $22.3m | $0 | $0 | $7.0m | $18.0m | $23.0m | — | |
| Comprehensive Income attributable to Royal Caribbean Cruises Ltd. | $1.7b | $2.2b | $1.5b | $1.7b | ($5.7b) | ($5.2b) | ($2.1b) | $1.7b | $2.8b | $4.5b | — | |
| Total other comprehensive income (loss) | $411.9m | $582.2m | ($293.5m) | ($170.0m) | $58.4m | $28.5m | $67.7m | ($30.0m) | ($128.0m) | $198.0m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.