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

Royal Caribbean Cruises has disclosed Net Margin across 18 years of filings, most recently posting 23.51% for Q2 2026.

• In Q2 2026, Net Margin fell 326.0% year-over-year to 23.51%; the TTM figure through Jun 2026 stood at 22.57% (up 309.0% YoY), while the FY2025 annual figure was 23.93%, up 636.0% from the prior year.
• Net Margin came in at 23.51% for Q2 2026 at Royal Caribbean Cruises, up from 21.34% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 28.35% in Q3 2025 to a low of 107.02% in Q1 2022.
• Average Net Margin over 5 years is 4.71%, with a median of 13.95% recorded in 2025.
• Year-over-year, Net Margin soared 257625 bps in 2022 and sank 326 bps in 2026.
• Over 5 years, Net Margin stood at 15.51% in 2022, then surged by 144 bps to 6.81% in 2023, then surged by 41 bps to 9.6% in 2024, then jumped by 65 bps to 15.8% in 2025, then jumped by 49 bps to 23.51% in 2026.
• Per Business Quant data, the three most recent Net Margin figures were 23.51% in Q2 2026, 21.34% in Q1 2026, and 15.8% in Q4 2025.