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ROYAL CARIBBEAN CRUISES LTD SG&A Expense 2008-2026 | RCL

Annual FY2008–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$2.22B

+4.6%YoY vs FY2024Source: 10-KFY2025

From $776.5M in FY2008 to $2.22B in FY2025: 2.9× in 17 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$582M+3.6%Not reportedNot reportedNot reported
FY25$562M+5.0%$508M+9.0%$522M+15.7%$631M−6.2%
FY24$535M+16.1%$466M+7.1%$451M+14.8%$673M+33.8%
FY23$461M+17.0%$435M+17.1%$393M+5.3%$503M+13.2%
FY22$394M+52.7%$371M+30.1%$373M+15.4%$444M−11.6%
Share26%23%22%29%

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. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionGrowing
CAGR

+13.1%

FY2020
$1.20B
FY2025
$2.22B

5 years selected · on the chart

SG&A Expense History

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

  1. $2.22B
YoY changeLargest recent move−23.1%in FY20Latest +4.6%

SG&A Expense, period by period

PeriodValueChangeSource
FY2025$2.22B+4.6%10-K
FY2024$2.13B+18.6%10-K
FY2023$1.79B+13.2%10-K
FY2022$1.58B+15.5%10-K
FY2021$1.37B+14.2%10-K
FY2020$1.20B−23.1%10-K
FY2019$1.56B+19.7%10-K
FY2018$1.30B+9.9%10-K
FY2017$1.19B+7.0%10-K
FY2016$1.11B+2.0%10-K
FY2015$1.09B+3.6%10-K
FY2014$1.05B+0.4%10-K
FY2013$1.04B+3.3%10-K
FY2012$1.01B+5.3%10-K
FY2011$960.6M+13.3%10-K
FY2010$848.1M+11.3%10-K
FY2009$762.0M−1.9%10-K
FY2008$776.5M—10-K

What is sg&a expense?

Selling, general, and administrative expenses include all non-production costs such as marketing, corporate overhead, and management salaries.

What is ROYAL CARIBBEAN CRUISES LTD's current sg&a expense?

ROYAL CARIBBEAN CRUISES LTD (RCL) annual sg&a expense for 2025 was $2.22B, a 4.61% increase from 2024. ROYAL CARIBBEAN CRUISES LTD sg&a expense for the quarter ending March 31, 2026 was $582.0M.

What was ROYAL CARIBBEAN CRUISES LTD's sg&a expense in 2024?

ROYAL CARIBBEAN CRUISES LTD annual sg&a expense for 2024 was $2.13B, a 18.58% increase from 2023.

What was ROYAL CARIBBEAN CRUISES LTD's sg&a expense in 2023?

ROYAL CARIBBEAN CRUISES LTD annual sg&a expense for 2023 was $1.79B, a 13.20% increase from 2022.

What is ROYAL CARIBBEAN CRUISES LTD's 5-year sg&a expense CAGR?

ROYAL CARIBBEAN CRUISES LTD sg&a expense grew at a compound annual growth rate (CAGR) of 13.13% from FY2020 to FY2025, going from $1.20B to $2.22B over 5 years.

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