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Royal Caribbean Cruises Ltd. (RCL)
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Royal Caribbean Cruises Ltd. (RCL) Gross Margin: 47.23%

Is Royal Caribbean Cruises Ltd.’s gross margin high or low?

Royal Caribbean Cruises Ltd.'s gross margin of 47.23% is 375% above its 5-year average of 9.93%, near the high end of its 5-year range (-78.79%–47.52%).

As of Thursday, June 25, 2026. 0.11% above its 12-month average of 47.18%.

RCL Gross Margin

RCL Gross Margin Chart

46.84%

Reported annual fiscal-period values; no daily interpolation.

+21.50% 10Y
RCL Gross Margin

RCL Average Gross Margin Chart

RCL Gross Margin

RCL Current vs Average Gross Margin Chart

RCL Gross Margin Metrics

GROSS MARGIN

47.23%

GROSS MARGIN AVG TTM

47.18%

GROSS MARGIN AVG 3Y

40.90%

GROSS MARGIN AVG 5Y

9.93%

GROSS MARGIN AVG 10Y

24.78%

GROSS MARGIN AVG 15Y

38.96%

GROSS MARGIN AVG 20Y

37.95%

CURRENT VS TTM AVG

+0.11%

CURRENT VS 3Y AVG

+15.49%

CURRENT VS 5Y AVG

+375.47%

CURRENT VS 10Y AVG

+90.62%

CURRENT VS 15Y AVG

+21.22%

CURRENT VS 20Y AVG

+24.46%

RCL Competitors' Gross Margin

NAMEMARKET CAPGROSS MARGINTTM3Y5Y
Royal Caribbean Cruises Ltd. (RCL)$86.08B47.23%47.18%40.90%9.93%
Airbnb, Inc. (ABNB)vs ›$85.70B82.91%83.02%82.75%80.97%
MercadoLibre, Inc. (MELI)vs ›$84.14B43.86%45.30%47.26%45.76%
Hilton Worldwide Holdings Inc. (HLT)vs ›$78.15B44.29%34.28%31.98%28.34%
Carvana Co. (CVNA)vs ›$74.50B19.97%20.23%15.96%15.17%
Ross Stores, Inc. (ROST)vs ›$73.33B28.33%27.87%27.12%26.25%
General Motors Company (GM)vs ›$71.19B6.10%14.13%16.20%16.89%
Marriott International, Inc. (MAR)vs ›$101.14B21.38%20.83%21.30%19.87%
NIKE, Inc. (NKE)vs ›$61.83B40.81%43.64%44.20%44.17%
Sea Limited (SE)vs ›$56.81B44.27%43.75%43.45%40.63%

Gross Margin Analysis

Gross Margin

47.2%

(Revenue - COGS) / Revenue

Royal Caribbean Cruises Ltd. Gross Margin Formula & Definition

Gross Margin = Gross Profit / Revenue

Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Royal Caribbean Cruises Ltd. Gross Margin FAQ

What is the gross margin for Royal Caribbean Cruises Ltd. (RCL)?
The gross margin for RCL stock is 47.23%.
Is Royal Caribbean Cruises Ltd.'s gross margin high or low?
Royal Caribbean Cruises Ltd.'s gross margin of 47.23% is 375% above its 5-year average of 9.93%, near the high end of its 5-year range (-78.79%–47.52%).
What is the TTM average gross margin for Royal Caribbean Cruises Ltd. (RCL)?
The TTM average gross margin for RCL stock is 47.18%.
What is the 3Y average gross margin for Royal Caribbean Cruises Ltd. (RCL)?
The 3Y average gross margin for RCL stock is 40.90%.
What is the 5Y average gross margin for Royal Caribbean Cruises Ltd. (RCL)?
The 5Y average gross margin for RCL stock is 9.93%.
What is the 10Y average gross margin for Royal Caribbean Cruises Ltd. (RCL)?
The 10Y average gross margin for RCL stock is 24.78%.
What is the 15Y average gross margin for Royal Caribbean Cruises Ltd. (RCL)?
The 15Y average gross margin for RCL stock is 38.96%.
What is the 20Y average gross margin for Royal Caribbean Cruises Ltd. (RCL)?
The 20Y average gross margin for RCL stock is 37.95%.

Royal Caribbean Cruises Ltd. Gross Margin History

DATEGROSS MARGIN
2025-12-3146.84%
2024-12-3147.52%
2023-12-3144.06%
2022-12-3125.16%
2021-12-31-78.79%
2020-12-31-25.19%
2019-12-3144.64%
2018-12-3144.57%
2017-12-3144.22%
2016-12-3140.97%
2015-12-3138.55%
2014-12-3134.28%
2013-12-3133.35%
2012-12-3132.92%
2011-12-3134.42%
2010-12-3133.98%
2009-12-3130.88%
2008-12-3132.59%
2007-12-3135.25%
2006-12-3137.86%
2005-12-3138.93%
2004-12-3138.11%
2003-12-3137.08%
2002-12-3138.47%
2001-12-3138.50%
2000-12-3142.34%
1999-12-3141.23%
1998-12-3139.55%
1997-12-3137.12%
1996-12-3137.04%

About Royal Caribbean Cruises Ltd.

Royal Caribbean Cruises Ltd. is a prominent global operator within the cruise sector. The company manages several well-known cruise lines, such as Royal Caribbean International, Celebrity Cruises, Azamara, and Silversea Cruises. Through these brands, it offers a wide array of voyages that call upon approximately 1,000 different destinations across the globe. As of February 25, 2022, its expansive fleet comprised 61 vessels. Established in 1968, the company's corporate headquarters are situated in Miami, Florida.

Miami, FL
105,950 employees
Consumer Cyclical / Travel Services
Sector
Consumer Cyclical
Industry
Travel Services
CEO
Jason T. Liberty