Royal Caribbean Cruises Ltd (RCL)

Return on equity (ROE)

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
Net income (ttm) US$ in thousands 4,273,000 4,071,000 3,603,000 3,247,000 2,877,000 2,602,073 2,500,073 2,105,073 1,697,073 919,794 -56,238 -1,036,820 -2,155,960 -3,012,724 -4,470,242 -5,295,920 -5,260,500 -5,270,470 -5,192,680 -5,484,710
Total stockholders’ equity US$ in thousands 10,037,000 10,092,000 9,169,000 7,960,000 7,563,000 7,045,000 6,008,000 5,151,000 4,724,000 4,422,980 3,363,650 2,851,620 2,869,000 3,205,420 3,398,100 3,988,930 5,085,560 6,467,500 7,884,020 9,172,380
ROE 42.57% 40.34% 39.30% 40.79% 38.04% 36.94% 41.61% 40.87% 35.92% 20.80% -1.67% -36.36% -75.15% -93.99% -131.55% -132.77% -103.44% -81.49% -65.86% -59.80%

December 31, 2025 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $4,273,000K ÷ $10,037,000K
= 42.57%


Peer comparison

Dec 31, 2025

Company name
Symbol
ROE
Royal Caribbean Cruises Ltd
RCL
42.57%
Carnival Corporation
CCL
22.48%

See also:

Royal Caribbean Cruises Ltd Return on Equity (ROE) (Quarterly Data)