Royal Caribbean Cruises Ltd (RCL)
Pretax margin
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 4,304,000 | 2,897,000 | 1,704,000 | -2,156,000 | -5,260,000 |
| Revenue | US$ in thousands | 17,935,000 | 16,485,000 | 13,900,000 | 8,840,000 | 1,532,000 |
| Pretax margin | 24.00% | 17.57% | 12.26% | -24.39% | -343.34% |
December 31, 2025 calculation
Pretax margin = EBT ÷ Revenue
= $4,304,000K ÷ $17,935,000K
= 24.00%
Peer comparison
Dec 31, 2025
Company name
Symbol
Pretax margin
Royal Caribbean Cruises Ltd
RCL
24.00%
Carnival Corporation
CCL
10.41%