Royal Caribbean Cruises
At a glance
Royal Caribbean Cruises reported 2025 revenue of $17.93B, up 8.8% from $16.48B in 2024. Over 4 years since 2021 ($1.53B), that is growth of about 85% a year. Operating margin was 27.4%, up from -252.6% in 2021. 2025 was the highest revenue year in this period. The company posted a loss in 2021 and 2022.
In the last 12 months 8 insiders reported 0 open-market purchases and 14 sales ($631.5M). None of the sales were flagged as 10b5-1 plan trades. The largest was a sale of $243.6M by Director Arne Alexander Wilhelmsen on Feb 27, 2026.
Royal Caribbean Cruises filed 13 current reports (Form 8-K) in the last 12 months, most often for results of operations (4), material agreement (4), new financial obligation (2) and officer or director change (2). The latest officer or director change was reported on Jul 20, 2026. It reported a material agreement or a completed acquisition or disposal 4 times.
2 of the 20 investors tracked here held Royal Caribbean Cruises at the last quarter end, worth $322.5M combined. It is the largest weight for National Pension Service (Korea) (0.2% of its portfolio), followed by Bridgewater Associates (0%). New this quarter: Bridgewater Associates. Added: National Pension Service (Korea).
Annual results
| Year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net income | -$5.26B | -$2.16B | $1.7B | $2.88B | $4.27B |
| Diluted EPS | $-20.89 | $-8.45 | $6.31 | $10.94 | $15.61 |
| Dividend per share | - | $0.00 | $0.00 | $0.95 | $3.50 |
Fiscal year ends Dec 31
Tracked investors holding (13F)
Weight is the share of each investor's portfolio, as of the quarter end.
Current reports (8-K, last 12 months)
Insider open-market trades (last 12 months)
Source: SEC EDGAR. How figures are combined