Growth Metrics

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

Royal Caribbean Cruises' Net Margin history spans 18 years, with the latest figure at 21.34% for Q1 2026.

  • On a quarterly basis, Net Margin rose 296.0% to 21.34% in Q1 2026 year-over-year; TTM through Mar 2026 was 22.8%, a 528.0% increase, with the full-year FY2025 number at 23.93%, up 636.0% from a year prior.
  • Net Margin hit 21.34% in Q1 2026 for Royal Caribbean Cruises, up from 15.8% in the prior quarter.
  • Over the last five years, Net Margin for RCL hit a ceiling of 28.35% in Q3 2025 and a floor of 107.02% in Q1 2022.
  • Historically, Net Margin has averaged 3.47% across 5 years, with a median of 12.09% in 2023.
  • Biggest five-year swings in Net Margin: skyrocketed 257625bps in 2022 and later plummeted -122bps in 2024.
  • Tracing RCL's Net Margin over 5 years: stood at 15.51% in 2022, then soared by 144bps to 6.81% in 2023, then soared by 41bps to 9.6% in 2024, then surged by 65bps to 15.8% in 2025, then soared by 35bps to 21.34% in 2026.
  • Business Quant data shows Net Margin for RCL at 21.34% in Q1 2026, 15.8% in Q4 2025, and 28.35% in Q3 2025.