Royal Caribbean Cruises LtdRCL
What Royal Caribbean Cruises Ltd does.
We are a vacation industry leader, owning and operating three global cruise vacation brands: Royal Caribbean, Celebrity Cruises and Silversea (collectively, our "Global Brands"). We also own a 50% joint venture interest in TUI Cruises GmbH ("TUIC"), which operates the German brands TUI Cruises and Hapag-Lloyd Cruises (collectively, our "Partner Brands"). We account for our investments in our Partner Brands under the equity method of accounting. Together, our Global Brands and our Partner Brands have a combined fleet of 69 ships in the cruise vacation industry with an aggregate capacity of approximately 179,720 berths as of December 31, 2025. Our ships offer a selection of worldwide itineraries that call on more than 1,000 destinations on all seven continents. We also own a growing portfolio of private land-based destinations, including our Perfect Day and Royal Beach Club collections.
Our competitive edge is grounded in our focus on innovation, best evidenced in the quality and variety of ships in our fleet, our exceptional product offerings and service provided by our dedicated crew, our growing portfolio of private destinations and experiences, the range of itineraries and global destinations tailored to meet diverse guest preferences, and our use and leveraging of technology. By continually reimagining vacation possibilities and investing in the maintenance and enhancement of our fleet, we inspire both new travelers and loyal repeat guests to embark on unforgettable journeys with us.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $2.2B | $1.5B | $8.8B | $13.9B | $16.5B | $17.9B |
| Net income | -$5.8B | -$5.3B | -$2.2B | $1.7B | $2.9B | $4.3B |
| Free cash flow | -$5.7B | -$4.1B | -$2.2B | $580.0M | $2.0B | $1.2B |
More on RCL.
- Royal Caribbean Cruises Ltd summary
- Royal Caribbean Cruises Ltd financial statements
- Royal Caribbean Cruises Ltd key metrics
- Royal Caribbean Cruises Ltd health scores and style box
- Royal Caribbean Cruises Ltd earnings
- Royal Caribbean Cruises Ltd dividends
- Royal Caribbean Cruises Ltd valuation
- Royal Caribbean Cruises Ltd ownership and insiders
- Royal Caribbean Cruises Ltd peers
Figures from Royal Caribbean Cruises Ltd's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.