Royal Caribbean Cruises Ltd (RCL)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,877,000 | 1,697,000 | -2,099,830 | -6,572,540 | -6,504,620 |
| Revenue | US$ in thousands | 16,484,000 | 13,900,000 | 8,840,540 | 1,532,130 | 2,208,800 |
| Net profit margin | 17.45% | 12.21% | -23.75% | -428.98% | -294.49% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $2,877,000K ÷ $16,484,000K
= 17.45%
The net profit margin of Royal Caribbean Cruises Ltd has displayed significant fluctuations over the past five years. Starting from a concerning -294.49% in December 31, 2020, the company's profitability worsened to -428.98% by December 31, 2021. However, there was a notable improvement in the company's performance, with the net profit margin improving to -23.75% by December 31, 2022. Subsequently, the company managed to turn the situation around, achieving positive results with a net profit margin of 12.21% by December 31, 2023, and further increasing to 17.45% by December 31, 2024. This trajectory suggests that Royal Caribbean Cruises Ltd has implemented effective strategies to enhance its profitability and financial performance over the past few years.
Peer comparison
Dec 31, 2024