Royal Caribbean Cruises (RCL) Selling, General & Administrative (2009 - 2026)
Royal Caribbean Cruises (RCL) recorded Selling, General & Administrative of $513 million in Q2 2026, up 1.0% from $508 million a year earlier but down 11.9% from the prior quarter.
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Analysis
Royal Caribbean Cruises (RCL) Selling, General & Administrative (2009 - 2026) Analysis & Trends
On a TTM basis, Royal Caribbean Cruises' Selling, General & Administrative came in at $2.25 billion as of Jun 30, 2026, up 2.4% year-over-year; for FY2025, it came in at $2.22 billion, up 4.6% from FY2024.
- Annual Selling, General & Administrative has increased for five straight years, with a five-year compound annual growth rate of 13.1% (FY2020 to FY2025).
- Across earlier years, Selling, General & Administrative came in at $2.13 billion in FY2024 (+18.6%), $1.79 billion in FY2023 (+13.2%), $1.58 billion in FY2022 (+15.5%) and $1.37 billion in FY2021 (+14.2%).
- Quarterly Selling, General & Administrative has ranged from $323.42 million in Q3 2021 to $673 million in Q4 2024 over the past five years.
- On a year-over-year basis, Selling, General & Administrative rose in seven of the last eight quarters, with growth averaging 9.6%.
- Peak year-over-year performance for Selling, General & Administrative in the last five years was growth of 96.8% in Q4 2021, against a decline of 11.6% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $582 million (Q1 2026), $630 million (Q4 2025) and $522 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | SG&A (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn | 220.00 Mn |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | 114.00 Mn |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | 513.00 Mn |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | -268.67 Mn |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | 863.00 Mn |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | - |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | -933.00 Mn |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | 180.00 Mn |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | -102.00 Mn |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn | -19.15 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 513.00 Mn |
| Mar 31, 2026 | 582.00 Mn |
| Dec 31, 2025 | 630.00 Mn |
| Sep 30, 2025 | 522.00 Mn |
| Jun 30, 2025 | 508.00 Mn |
| Mar 31, 2025 | 562.00 Mn |
| Dec 31, 2024 | 673.00 Mn |
| Sep 30, 2024 | 451.00 Mn |
| Jun 30, 2024 | 466.00 Mn |
| Mar 31, 2024 | 535.00 Mn |
| Dec 31, 2023 | 503.00 Mn |
| Sep 30, 2023 | 393.00 Mn |
| Jun 30, 2023 | 435.00 Mn |
| Mar 31, 2023 | 461.00 Mn |
| Dec 31, 2022 | 444.43 Mn |
| Sep 30, 2022 | 373.12 Mn |
| Jun 30, 2022 | 371.43 Mn |
| Mar 31, 2022 | 394.03 Mn |
| Dec 31, 2021 | 502.98 Mn |
| Sep 30, 2021 | 323.42 Mn |
API Access
Royal Caribbean Cruises Selling, General & Administrative API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=selling-general-and-administrative&ticker=RCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "selling-general-and-administrative", "ticker": "RCL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=selling-general-and-administrative&ticker=RCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();