Royal Caribbean Cruises Ltd
Close on Nov 2, 2026Market cap $85.87BP/E 19.8Yield 1.09%
Royal Caribbean Cruises Gross Cruise Costs: $11,306M in 2025, up 4.9% from a year earlier. That is the highest of the 11 years on record here.
Where the 2025 figure comes from
“Gross Cruise Costs | 2,872 | 2,859 | 2,726 | 11,306 | 11,277 | 10,778”
Source: Royal Caribbean Form 8-K Earnings Release (FY2025Q4) ↗
Total cruise operating expenses plus marketing, selling and administrative expenses
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Gross Cruise Costs ($M) ($M) | Year on year | Source |
|---|---|---|---|---|
| 2025 | Dec 31, 2025 | 11,306 | +4.9% | Royal Caribbean Form 8-K Earnings Release (FY2025Q4) ↗ |
| 2024 | Dec 31, 2024 | 10,778 | +12.7% | Royal Caribbean Form 8-K Earnings Release (FY2025Q4) ↗ |
| 2023 | Dec 31, 2023 | 9,567 | +25.5% | Royal Caribbean Form 8-K Earnings Release (FY2024Q4) ↗ |
| 2022 | Dec 31, 2022 | 7,622 | 0.0% | Royal Caribbean Form 8-K Earnings Release (FY2023Q4) ↗ |
| 2021 | Dec 31, 2021 | 7,622 | – | Royal Caribbean Form 8-K Earnings Release (FY2022Q4) ↗ |
| 2019 | Dec 31, 2019 | 7,606 | +16.5% | Royal Caribbean Form 8-K Earnings Release (FY2019Q4) ↗ |
| 2018 | Dec 31, 2018 | 6,532 | +7.4% | Royal Caribbean Form 8-K Earnings Release (FY2019Q4) ↗ |
| 2017 | Dec 31, 2017 | 6,083 | -0.5% | Royal Caribbean Form 8-K Earnings Release (FY2018Q4) ↗ |
| 2016 | Dec 31, 2016 | 6,116 | -1.1% | Royal Caribbean Form 8-K Earnings Release (FY2017Q4) ↗ |
| 2015 | Dec 31, 2015 | 6,186 | -2.7% | Royal Caribbean Form 8-K Earnings Release (FY2016Q4) ↗ |
| 2014 | Dec 31, 2014 | 6,355 | – | Royal Caribbean Form 8-K Earnings Release (FY2015Q4) ↗ |
Breakdown
What makes up gross Cruise Costs
Cite this data
StockData. (2026). Royal Caribbean Cruises Gross Cruise Costs ($M), annual 2014–2025 [Data set]. Compiled from Royal Caribbean Cruises SEC filings and investor materials. https://stockdatahq.com/stocks/rcl/kpis/gross-cruise-costs
See every metric in the Royal Caribbean Cruises KPI table. Data updated Oct 28, 2026.