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ROYAL CARIBBEAN CRUISES LTD Retained Earnings 2009-2026 | RCL

Annual FY2009–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$5.92B

+126.8%YoY vs FY2024Source: 10-KFY2025

From $4.75B in FY2009 to $5.92B in FY2025: 1.2× in 16 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$6.5B+105.8%Not reportedNot reportedNot reported
FY25$3.1B+796.9%$4.1B+244.2%$5.4B+146.6%$5.9B+126.8%
FY24$350M+119.9%$1.2B+192.9%$2.2B+867.6%$2.6B+26220.0%
FY23−$1.8B−144.3%−$1.3B−4.5%−$288M+76.2%−$10M+99.4%
FY22−$719M−116.2%−$1.2B−140.2%−$1.2B−172.8%−$1.7B−664.7%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date.

Key Statistics

Trend DirectionGrowing
CAGR

+1.3%

FY2020
$5.56B
FY2025
$5.92B

5 years selected · on the chart

Retained Earnings History

Year-over-year comparison from 10-K annual reports

  1. $5.92B
YoY changeLargest recent move+99.4%in FY23Latest +126.8%

2 older moves run past ±150% (largest +26220.0%); point at, tap or drag across the bars to read one.

Retained Earnings, period by period

PeriodValueChangeSource
FY2025$5.92B+126.8%10-K
FY2024$2.61B+26220.0%10-K
FY2023−$10.0M+99.4%10-K
FY2022−$1.71B−664.7%10-K
FY2021$302.3M−94.6%10-K
FY2020$5.56B−51.7%10-K
FY2019$11.52B+12.3%10-K
FY2018$10.26B+13.8%10-K
FY2017$9.02B+14.8%10-K
FY2016$7.86B+13.2%10-K
FY2015$6.94B+5.6%10-K
FY2014$6.58B+8.6%10-K
FY2013$6.05B+5.4%10-K
FY2012$5.74B−1.4%10-K
FY2011$5.82B+10.7%10-K
FY2010$5.26B+10.9%10-K
FY2009$4.75B—10-K

What is retained earnings?

Retained earnings represent the cumulative net income that has been reinvested in the business rather than distributed as dividends to shareholders.

What is ROYAL CARIBBEAN CRUISES LTD's current retained earnings?

ROYAL CARIBBEAN CRUISES LTD (RCL) annual retained earnings for 2025 was $5.92B, a 126.84% increase from 2024. ROYAL CARIBBEAN CRUISES LTD retained earnings for the quarter ending March 31, 2026 was $6.46B.

What was ROYAL CARIBBEAN CRUISES LTD's retained earnings in 2024?

ROYAL CARIBBEAN CRUISES LTD annual retained earnings for 2024 was $2.61B, a 26220.00% increase from 2023.

What was ROYAL CARIBBEAN CRUISES LTD's retained earnings in 2023?

ROYAL CARIBBEAN CRUISES LTD annual retained earnings for 2023 was $-10.0M, a 99.41% increase from 2022.

What is ROYAL CARIBBEAN CRUISES LTD's 5-year retained earnings CAGR?

ROYAL CARIBBEAN CRUISES LTD retained earnings grew at a compound annual growth rate (CAGR) of 1.27% from FY2020 to FY2025, going from $5.56B to $5.92B over 5 years.

Company
ROYAL CARIBBEAN CRUISES LTD
Ticker
RCL
Sector
Other
Industry
Water Transportation