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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on SalesTimes Interest Earned

Royal Caribbean Cruises (RCL) Gross Margin (2016 - 2026)

Royal Caribbean Cruises' Gross Margin history spans 18 years, with the latest figure at 49.53% for Q1 2026.

  • On a quarterly basis, Gross Margin rose 152.0% to 49.53% in Q1 2026 year-over-year; TTM through Mar 2026 was 49.69%, a 146.0% increase, with the full-year FY2025 number at 49.36%, up 184.0% from a year prior.
  • Gross Margin hit 49.53% in Q1 2026 for Royal Caribbean Cruises, up from 47.36% in the prior quarter.
  • Over the last five years, Gross Margin for RCL hit a ceiling of 51.76% in Q3 2025 and a floor of 11.87% in Q1 2022.
  • Historically, Gross Margin has averaged 40.39% across 5 years, with a median of 45.43% in 2024.
  • The widest YoY moves for Gross Margin: up 75750bps in 2022, down -6855bps in 2022.
  • Tracing RCL's Gross Margin over 5 years: stood at 31.45% in 2022, then soared by 38bps to 43.26% in 2023, then grew by 5bps to 45.43% in 2024, then rose by 4bps to 47.36% in 2025, then grew by 5bps to 49.53% in 2026.
  • Business Quant data shows Gross Margin for RCL at 49.53% in Q1 2026, 47.36% in Q4 2025, and 51.76% in Q3 2025.