Royal Caribbean Cruises Ltd (RCL)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 4,106,000 | 2,878,000 | -847,933 | -3,870,330 | -4,601,560 |
| Total assets | US$ in thousands | 37,070,000 | 35,131,000 | 33,776,400 | 32,258,400 | 32,465,200 |
| Operating ROA | 11.08% | 8.19% | -2.51% | -12.00% | -14.17% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $4,106,000K ÷ $37,070,000K
= 11.08%
Royal Caribbean Cruises Ltd's operating return on assets (ROA) has shown an improvement in recent years. The company's operating ROA was -14.17% as of December 31, 2020, indicating a negative profitability trend. However, there was a noticeable improvement by December 31, 2024, with the operating ROA reaching 11.08%. This positive trajectory suggests that Royal Caribbean Cruises Ltd has been able to generate greater operating profits relative to its assets over the years. The company's ability to turn assets into operating income has strengthened significantly, indicating improved operational efficiency and potentially better management of its resources. It's important to monitor this trend to assess the sustainability of Royal Caribbean's performance and its ability to create value for its stakeholders.
Peer comparison
Dec 31, 2024