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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 - 2025)

Royal Caribbean Cruises (RCL) has disclosed Gross Margin for 16 consecutive years, with 47.36% as the latest value for Q4 2025.

  • Quarterly Gross Margin rose 193.0% to 47.36% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 49.36% through Dec 2025, up 184.0% year-over-year, with the annual reading at 49.36% for FY2025, 184.0% up from the prior year.
  • Gross Margin hit 47.36% in Q4 2025 for Royal Caribbean Cruises, down from 51.76% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 51.76% in Q3 2025 to a low of 23.09% in Q2 2022.
  • Historically, Gross Margin has averaged 43.26% across 4 years, with a median of 45.43% in 2024.
  • Biggest five-year swings in Gross Margin: skyrocketed 2142bps in 2023 and later skyrocketed 70bps in 2025.
  • Year by year, Gross Margin stood at 31.45% in 2022, then skyrocketed by 38bps to 43.26% in 2023, then increased by 5bps to 45.43% in 2024, then grew by 4bps to 47.36% in 2025.
  • Business Quant data shows Gross Margin for RCL at 47.36% in Q4 2025, 51.76% in Q3 2025, and 49.69% in Q2 2025.