ROYAL CARIBBEAN CRUISES LTD (RCL) Return on equity 2016–2025
ROYAL CARIBBEAN CRUISES LTD (RCL) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
42.5%FY2025 · since FY2016: 14.1% → 42.5%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 42.5% | +4.5 pp |
| FY2024 | 38.0% | +2.1 pp |
| FY2023 | 35.9% | +111.1 pp |
| FY2022 | -75.1% | +28.3 pp |
| FY2021 | -103.4% | -37.3 pp |
| FY2020 | -66.2% | -81.6 pp |
| FY2019 | 15.4% | -0.9 pp |
| FY2018 | 16.3% | +1.1 pp |
| FY2017 | 15.2% | +1.1 pp |
| FY2016 | 14.1% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice