TTM
$5.13B
YoY change
+19.6%
5Y CAGR
—
Peak year (2025)
$4.91B
Cumulative operating income
$21.25B
Operating Income history chart for Royal Caribbean Cruises (RCL) from 1991 to 2025
Latest: $4.91B
Operating Income growth chart for Royal Caribbean Cruises (RCL) from 1991 to 2025
Latest: +19.6%
Operating Income history table for Royal Caribbean Cruises (RCL) from 1991 to 2025
| 2025 | $4.91B | +19.6% | +$803.00M | ||
| 2024 | $4.11B | +42.7% | +$1.23B | ||
| 2023 | $2.88B | -475.7% | +$3.64B | ||
| 2022 | −$766.00M | -80.2% | +$3.10B | ||
| 2021 | −$3.87B | -15.9% | +$731.56M | ||
| 2020 | −$4.60B | -320.9% | −$6.68B | ||
| 2019 | $2.08B | +9.9% | +$187.90M | ||
| 2018 | $1.89B | +8.6% | +$150.75M | ||
| 2017 | $1.74B | +18.1% | +$266.85M | ||
| 2016 | $1.48B | +68.8% | +$602.30M | ||
| 2015 | $874.90M | -7.1% | −$66.96M | ||
| 2014 | $941.86M | +18.0% | +$143.71M | ||
| 2013 | $798.15M | +98.0% | +$395.04M | ||
| 2012 | $403.11M | -56.7% | −$528.52M | ||
| 2011 | $931.63M | +16.1% | +$129.00M | ||
| 2010 | $802.63M | +64.3% | +$314.12M | ||
| 2009 | $488.51M | -41.3% | −$343.47M | ||
| 2008 | $831.98M | -7.7% | −$69.35M | ||
| 2007 | $901.34M | +5.0% | +$42.89M | ||
| 2006 | $858.45M | -1.5% | −$13.12M | ||
| 2005 | $871.57M | +15.7% | +$117.98M | ||
| 2004 | $753.59M | +43.2% | +$227.40M | ||
| 2003 | $526.18M | -4.5% | −$24.79M | ||
| 2002 | $550.98M | +20.9% | +$95.37M | ||
| 2001 | $455.61M | -20.0% | −$113.94M | ||
| 2000 | $569.54M | +18.6% | +$89.37M | ||
| 1999 | $480.17M | -1.8% | −$8.56M | ||
| 1998 | $488.74M | -153.4% | +$1.40B | ||
| 1997 | −$915.80M | +43.7% | −$278.30M | ||
| 1996 | −$637.50M | +14.1% | −$78.90M | ||
| 1995 | −$558.60M | +2.8% | −$15.40M | ||
| 1994 | −$543.20M | -436.3% | −$704.70M | ||
| 1993 | $161.50M | +16.8% | +$23.20M | ||
| 1992 | $138.30M | +115.4% | +$74.10M | ||
| 1991 | $64.20M | — | — |
- 2025$4.91B+19.6%
- 2024$4.11B+42.7%
- 2023$2.88B-475.7%
- 2022−$766.00M-80.2%
- 2021−$3.87B-15.9%
- 2020−$4.60B-320.9%
- 2019$2.08B+9.9%
- 2018$1.89B+8.6%
- 2017$1.74B+18.1%
- 2016$1.48B+68.8%
- 2015$874.90M-7.1%
- 2014$941.86M+18.0%
- 2013$798.15M+98.0%
- 2012$403.11M-56.7%
- 2011$931.63M+16.1%
- 2010$802.63M+64.3%
- 2009$488.51M-41.3%
- 2008$831.98M-7.7%
- 2007$901.34M+5.0%
- 2006$858.45M-1.5%
- 2005$871.57M+15.7%
- 2004$753.59M+43.2%
- 2003$526.18M-4.5%
- 2002$550.98M+20.9%
- 2001$455.61M-20.0%
- 2000$569.54M+18.6%
- 1999$480.17M-1.8%
- 1998$488.74M-153.4%
- 1997−$915.80M+43.7%
- 1996−$637.50M+14.1%
- 1995−$558.60M+2.8%
- 1994−$543.20M-436.3%
- 1993$161.50M+16.8%
- 1992$138.30M+115.4%
- 1991$64.20M—
Operating Income values are taken from Royal Caribbean Cruises's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Income at Royal Caribbean Cruises (RCL)
According to Royal Caribbean Cruises's latest reported financial statements, the company's current operating income (TTM) is $5.13B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
2025's annual operating income for Royal Caribbean Cruises (RCL) came in at $4.91B – grew 19.6% year-over-year.
Through 2015–2025 (10 years), Royal Caribbean Cruises operating income delivered a +18.8% annualised rate; sustaining 5 straight years of year-over-year growth.
$4.91B stands as the all-time-high annual operating income, posted in 2025, against a low of −$4.60B during 2020.
Royal Caribbean Cruises Operating Income by Year
Royal Caribbean Cruises Operating Income 2025: $4.91B
Royal Caribbean Cruises operating income in 2025 was $4.91B, grew 19.6% from 2024. This figure represents the highest annual value in the available history.
Royal Caribbean Cruises Operating Income 2024: $4.11B
2024's operating income for Royal Caribbean Cruises came in at $4.11B, surged 42.7% from 2023.
Royal Caribbean Cruises Operating Income 2023: $2.88B
Royal Caribbean Cruises posted operating income of $2.88B in 2023, plunged 475.7% below 2022.
Royal Caribbean Cruises Operating Income 2022: −$766.00M
In 2022, Royal Caribbean Cruises reported operating income of −$766.00M, plunged 80.2% below 2021.
Royal Caribbean Cruises Operating Income 2021: −$3.87B
Royal Caribbean Cruises operating income in 2021 was −$3.87B.
See more financial history for Royal Caribbean Cruises (RCL).
Sector peers by Operating Income
Consumer Cyclical peers of Royal Caribbean Cruises (RCL), ranked by their latest operating income
| $79.97B | |
| $20.89B | |
| $12.39B | |
| $10.15B | |
| $9.28B | |
| $8.62B | |
| $7.18B | |
| $4.36B |
- $79.97B
- $20.89B
- $12.39B
- $10.15B
- $9.28B
- $8.62B
- $7.18B
- $4.36B
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Royal Caribbean Cruises (RCL) Key Financials
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