Royal Caribbean Cruises Net Profit Margin Growth & History (RCL)
Royal Caribbean Cruises's net profit margin was 23.80% for fiscal 2025.
View full Royal Caribbean Cruises company overviewRoyal Caribbean Cruises annual net profit margin history
| Fiscal year | Period ended | Net profit margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 23.80% | +6.34 pp |
| 2024 | 2024-12-31 | 17.45% | +5.24 pp |
| 2023 | 2023-12-31 | 12.21% | +36.60 pp |
| 2022 | 2022-12-31 | −24.39% | +318.95 pp |
| 2021 | 2021-12-31 | −343.34% | −80.87 pp |
| 2020 | 2020-12-31 | −262.47% | −279.63 pp |
| 2019 | 2019-12-31 | 17.16% | −1.92 pp |
| 2018 | 2018-12-31 | 19.08% | +0.56 pp |
| 2017 | 2017-12-31 | 18.51% | +3.41 pp |
| 2016 | 2016-12-31 | 15.11% | +7.08 pp |
| 2015 | 2015-12-31 | 8.02% | −1.44 pp |
| 2014 | 2014-12-31 | 9.46% | +3.51 pp |
| 2013 | 2013-12-31 | 5.95% | +5.71 pp |
| 2012 | 2012-12-31 | 0.24% | −7.82 pp |
| 2011 | 2011-12-31 | 8.06% | +0.42 pp |
| 2010 | 2010-12-31 | 7.64% | +5.05 pp |
| 2009 | 2009-12-31 | 2.59% | −6.19 pp |
| 2008 | 2008-12-31 | 8.78% | — |
Royal Caribbean Cruises quarterly net profit margin
| Fiscal quarter | Period ended | Net profit margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 23.34% | −3.32 pp |
| Q1 2026 | 2026-03-31 | 21.14% | +2.88 pp |
| Q4 2025 | 2025-12-31 | 17.68% | +3.00 pp |
| Q3 2025 | 2025-09-30 | 30.65% | +7.91 pp |
| Q2 2025 | 2025-06-30 | 26.66% | +5.89 pp |
| Q1 2025 | 2025-03-31 | 18.25% | +8.60 pp |
| Q4 2024 | 2024-12-31 | 14.68% | +6.37 pp |
| Q3 2024 | 2024-09-30 | 22.74% | −1.52 pp |
| Q2 2024 | 2024-06-30 | 20.78% | +7.75 pp |
| Q1 2024 | 2024-03-31 | 9.66% | +11.32 pp |
| Q4 2023 | 2023-12-31 | 8.32% | +27.53 pp |
| Q3 2023 | 2023-09-30 | 24.25% | +23.15 pp |
| Q2 2023 | 2023-06-30 | 13.03% | +36.91 pp |
| Q1 2023 | 2023-03-31 | −1.66% | +108.52 pp |
| Q4 2022 | 2022-12-31 | −19.21% | +118.90 pp |
| Q3 2022 | 2022-09-30 | 1.10% | +312.85 pp |
| Q2 2022 | 2022-06-30 | −23.88% | +2622.26 pp |
| Q1 2022 | 2022-03-31 | −110.19% | +2583.49 pp |
| Q4 2021 | 2021-12-31 | −138.12% | +3866.03 pp |
| Q3 2021 | 2021-09-30 | −311.75% | — |
| Q2 2021 | 2021-06-30 | −2,646.14% | −1712.63 pp |
| Q1 2021 | 2021-03-31 | −2,693.68% | −2622.62 pp |
| Q4 2020 | 2020-12-31 | −4,004.14% | −4014.99 pp |
| Q2 2020 | 2020-06-30 | −933.51% | −950.36 pp |
| Q1 2020 | 2020-03-31 | −71.06% | −81.29 pp |
| Q4 2019 | 2019-12-31 | 10.85% | −2.69 pp |
| Q3 2019 | 2019-09-30 | 27.72% | −1.27 pp |
| Q2 2019 | 2019-06-30 | 16.85% | −3.10 pp |
| Q1 2019 | 2019-03-31 | 10.23% | −0.55 pp |
| Q4 2018 | 2018-12-31 | 13.54% | −0.83 pp |
| Q3 2018 | 2018-09-30 | 28.98% | −0.32 pp |
| Q2 2018 | 2018-06-30 | 19.95% | +3.11 pp |
| Q1 2018 | 2018-03-31 | 10.78% | +0.09 pp |
| Q4 2017 | 2017-12-31 | 14.37% | +0.70 pp |
| Q3 2017 | 2017-09-30 | 29.30% | +2.26 pp |
| Q2 2017 | 2017-06-30 | 16.83% | +5.91 pp |
| Q1 2017 | 2017-03-31 | 10.69% | +5.52 pp |
| Q4 2016 | 2016-12-31 | 13.67% | +2.80 pp |
| Q3 2016 | 2016-09-30 | 27.04% | +17.97 pp |
| Q2 2016 | 2016-06-30 | 10.92% | +1.93 pp |
| Q1 2016 | 2016-03-31 | 5.17% | +2.68 pp |
| Q4 2015 | 2015-12-31 | 10.87% | +4.83 pp |
| Q3 2015 | 2015-09-30 | 9.07% | −11.46 pp |
| Q2 2015 | 2015-06-30 | 8.99% | +2.03 pp |
| Q1 2015 | 2015-03-31 | 2.49% | +1.09 pp |
| Q4 2014 | 2014-12-31 | 6.04% | +5.66 pp |
| Q3 2014 | 2014-09-30 | 20.52% | +4.70 pp |
| Q2 2014 | 2014-06-30 | 6.95% | +5.64 pp |
| Q1 2014 | 2014-03-31 | 1.40% | −2.59 pp |
| Q4 2013 | 2013-12-31 | 0.38% | +22.13 pp |
| Q3 2013 | 2013-09-30 | 15.82% | −0.70 pp |
| Q2 2013 | 2013-06-30 | 1.31% | +1.51 pp |
| Q1 2013 | 2013-03-31 | 3.99% | +1.43 pp |
| Q4 2012 | 2012-12-31 | −21.75% | −23.81 pp |
| Q3 2012 | 2012-09-30 | 16.52% | −0.66 pp |
| Q2 2012 | 2012-06-30 | −0.20% | −5.49 pp |
| Q1 2012 | 2012-03-31 | 2.56% | −2.13 pp |
| Q4 2011 | 2011-12-31 | 2.06% | +0.07 pp |
| Q3 2011 | 2011-09-30 | 17.18% | +0.19 pp |
| Q2 2011 | 2011-06-30 | 5.29% | +1.93 pp |
| Q1 2011 | 2011-03-31 | 4.69% | −0.68 pp |
| Q4 2010 | 2010-12-31 | 1.99% | +2.31 pp |
| Q3 2010 | 2010-09-30 | 16.99% | +3.97 pp |
| Q2 2010 | 2010-06-30 | 3.35% | +6.04 pp |
| Q1 2010 | 2010-03-31 | 5.37% | +8.11 pp |
| Q4 2009 | 2009-12-31 | −0.32% | — |
| Q3 2009 | 2009-09-30 | 13.03% | — |
| Q2 2009 | 2009-06-30 | −2.69% | — |
| Q1 2009 | 2009-03-31 | −2.73% | — |
Royal Caribbean Cruises net profit margin trends
Over the last five fiscal years, Royal Caribbean Cruises's net profit margin increased from −262.47% to 23.80%, a change of +286.27 percentage points. The latest reported quarter, Q2 2026, shows 23.34%.
What net profit margin means
Net profit margin measures the percentage of revenue remaining as net income after operating costs, interest, taxes, and other expenses. It shows how much bottom-line profit or loss a company generates from each dollar of revenue.
How net profit margin is calculated
TickerStat calculates net profit margin as SEC-reported net income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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