Royal Caribbean Cruises Ltd (RCL)

Operating profit margin

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Operating income US$ in thousands 4,909,000 4,106,000 2,878,000 -766,000 -3,870,000
Revenue US$ in thousands 17,935,000 16,485,000 13,900,000 8,840,000 1,532,000
Operating profit margin 27.37% 24.91% 20.71% -8.67% -252.61%

December 31, 2025 calculation

Operating profit margin = Operating income ÷ Revenue
= $4,909,000K ÷ $17,935,000K
= 27.37%


Peer comparison

Dec 31, 2025

Company name
Symbol
Operating profit margin
Royal Caribbean Cruises Ltd
RCL
27.37%
Carnival Corporation
CCL
16.84%

See also:

Royal Caribbean Cruises Ltd Operating Profit Margin