Royal Caribbean Cruises Ltd (RCL)
Pretax margin
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 4,304,000 | 4,087,000 | 3,627,000 | 3,270,000 | 2,897,000 | 2,615,922 | 2,511,922 | 2,116,922 | 1,704,922 | 925,794 | -52,238 | -1,036,820 | -2,155,960 | -3,012,724 | -4,470,242 | -5,295,920 | -5,260,500 | -5,270,470 | -5,185,230 | -5,469,820 |
| Revenue (ttm) | US$ in thousands | 17,935,000 | 17,437,000 | 17,184,000 | 16,756,000 | 16,485,000 | 16,055,420 | 15,329,420 | 14,742,420 | 13,900,420 | 13,172,990 | 12,006,070 | 10,667,310 | 8,840,540 | 7,218,797 | 4,682,675 | 2,549,349 | 1,532,133 | 584,024 | 93,378 | 218,069 |
| Pretax margin | 24.00% | 23.44% | 21.11% | 19.52% | 17.57% | 16.29% | 16.39% | 14.36% | 12.27% | 7.03% | -0.44% | -9.72% | -24.39% | -41.73% | -95.46% | -207.74% | -343.34% | -902.44% | -5,552.95% | -2,508.30% |
December 31, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $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%