Royal Caribbean Cruises Ltd. logo
RCLRoyal Caribbean Cruises Ltd.

Over longer horizons, Revenue CAGR averages 19.90% over 3 years and 142.80% over 5 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Revenue CAGR measures how the company's top-line revenue has grown over time. Consistent revenue growth is a key indicator of business expansion and market share gains.

RCL Revenue CAGR Chart

Royal Caribbean Cruises Ltd. (RCL)

RCL Quarterly Revenue Growth (YoY)

Revenue growth vs the same quarter one year earlier, last 20 quarters.

RCL Revenue CAGR History

YearStart RevenueEnd RevenueChange% ChangeCAGR
2025$16.48B$17.93B+$1.45B+8.80%+8.80%
2024$13.90B$16.48B+$2.58B+18.60%+18.60%
2023$8.84B$13.90B+$5.06B+57.24%+57.24%
2022$1.53B$8.84B+$7.31B+477.02%+477.02%
2021$2.21B$1.53B$-676.80M-30.64%-30.64%
2020$10.95B$2.21B$-8.74B-79.83%-79.83%
2019$9.49B$10.95B+$1.46B+15.34%+15.34%
2018$8.78B$9.49B+$716.00M+8.16%+8.16%
2017$8.50B$8.78B+$281.44M+3.31%+3.31%
2016$8.30B$8.50B+$197.33M+2.38%+2.38%
2015$8.07B$8.30B+$225.22M+2.79%+2.79%
2014$7.96B$8.07B+$113.96M+1.43%+1.43%
2013$7.69B$7.96B+$271.87M+3.54%+3.54%
2012$7.54B$7.69B+$150.76M+2.00%+2.00%
2011$6.75B$7.54B+$784.76M+11.62%+11.62%
2010$5.89B$6.75B+$862.68M+14.65%+14.65%
2009$6.53B$5.89B$-642.70M-9.84%-9.84%
2008$6.15B$6.53B+$383.39M+6.23%+6.23%
2007$5.23B$6.15B+$919.55M+17.58%+17.58%
2006$4.90B$5.23B+$326.41M+6.66%+6.66%
2005$4.56B$4.90B+$347.80M+7.63%+7.63%
2004$3.78B$4.56B+$771.13M+20.38%+20.38%
2003$3.43B$3.78B+$349.90M+10.19%+10.19%
2002$3.15B$3.43B+$289.10M+9.19%+9.19%
2001$2.87B$3.15B+$279.40M+9.75%+9.75%
2000$2.55B$2.87B+$319.69M+12.56%+12.56%
1999$2.64B$2.55B$-90.14M-3.42%-3.42%
1998$1.94B$2.64B+$697.29M+35.96%+35.96%
1997$1.36B$1.94B+$581.70M+42.86%+42.86%

Quarterly Revenue: QoQ & YoY

QuarterValueQoQYoY
Q1 2026$4.45B+4.5%+11.3%
Q4 2025$4.26B-17.1%+13.2%
Q3 2025$5.14B+13.2%+5.2%
Q2 2025$4.54B+13.5%+10.4%
Q1 2025$4.00B+6.3%+7.3%
Q4 2024$3.76B-23.0%+12.9%
Q3 2024$4.89B+18.9%+17.5%
Q2 2024$4.11B+10.2%+16.7%
Q1 2024$3.73B+11.9%+29.2%
Q4 2023$3.33B-19.9%+27.9%
Q3 2023$4.16B+18.1%+39.0%
Q2 2023$3.52B+22.1%+61.3%
Q1 2023$2.89B+10.8%+172.5%
Q4 2022$2.60B-13.0%+165.1%
Q3 2022$2.99B+37.0%+555.0%
Q2 2022$2.18B+106.2%

QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.

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