Royal Caribbean Cruises RCL
NYSE RCL
$264.53 -0.66 (-0.25%)
As of: Sep 8, 2026 · 3:59 PM EDT

Royal Caribbean Cruises (RCL) EBIT Margin (2009 - 2026)

Royal Caribbean Cruises' (RCL) quarterly EBIT Margin came in at 27.05% in Q2 2026, down 224.0% year-over-year from 21.81% in Q2 2025, and up 3.63% quarter-over-quarter from 26.1% in Q1 2026.

Analysis

Royal Caribbean Cruises (RCL) EBIT Margin (2009 - 2026) Analysis & Trends

Royal Caribbean Cruises has disclosed EBIT Margin across 18 years of filings, most recently posting 27.05% for Q2 2026.

  • In Q2 2026, EBIT Margin fell 224.0% year-over-year to 27.05%; the TTM figure through Jun 2026 stood at 27.32% (up 95.0% YoY), while the FY2025 annual figure was 27.38%, up 247.0% from the prior year.
  • EBIT Margin came in at 27.05% for Q2 2026 at Royal Caribbean Cruises, up from 26.1% in the prior quarter.
  • In the past five years, EBIT Margin ranged from a high of 33.44% in Q3 2024 to a low of 81.12% in Q1 2022.
  • Average EBIT Margin over 5 years is 14.23%, with a median of 21.9% recorded in 2023.
  • Year-over-year, EBIT Margin surged 200031 bps in 2022 and slumped 224 bps in 2026.
  • Over 5 years, EBIT Margin stood at 0.52% in 2022, then jumped by 3218 bps to 17.11% in 2023, then dropped by 3 bps to 16.6% in 2024, then jumped by 32 bps to 21.91% in 2025, then gained by 23 bps to 27.05% in 2026.
  • Per Business Quant data, the three most recent EBIT Margin figures were 27.05% in Q2 2026, 26.1% in Q1 2026, and 21.91% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Royal Caribbean Cruises 71.23 Bn 70.31 Bn 2.29 Bn 27.05%
2 Viking Holdings 38.98 Bn 34.99 Bn 996.62 Mn 29.40%
3 Carnival 32.12 Bn 29.88 Bn - 12.77%
4 Norwegian Cruise Line Holdings 7.08 Bn 6.86 Bn 1.05 Bn 13.76%
5 Lindblad Expeditions Holdings 1.73 Bn 1.37 Bn 96.64 Mn 6.00%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 27.05%
Mar 31, 2026 26.10%
Dec 31, 2025 21.91%
Sep 30, 2025 33.12%
Jun 30, 2025 29.29%
Mar 31, 2025 23.63%
Dec 31, 2024 16.60%
Sep 30, 2024 33.44%
Jun 30, 2024 26.74%
Mar 31, 2024 20.12%
Dec 31, 2023 17.11%
Sep 30, 2023 30.41%
Jun 30, 2023 21.88%
Mar 31, 2023 9.42%
Dec 31, 2022 0.52%
Sep 30, 2022 9.97%
Jun 30, 2022 -10.01%
Mar 31, 2022 -81.12%
Dec 31, 2021 -105.02%
Sep 30, 2021 -220.11%