Royal Caribbean Cruises Ltd
Close on Nov 2, 2026Market cap $85.87BP/E 19.8Yield 1.09%
Royal Caribbean Cruises Net Cruise Costs Excluding Fuel by Year
Net Cruise Costs Excluding Fuel ($M) ($M)
Royal Caribbean Cruises Net Cruise Costs Excluding Fuel: $6,803M in 2025, up 5.6% from a year earlier. That is the highest of the 11 years on record here.
Where the 2025 figure comes from
“Net Cruise Costs excluding Fuel | $ | 1,827 | $ | 1,818 | $ | 1,759 | $ | 6,803 | $ | 6,784 | $ | 6,440”
Source: Royal Caribbean Form 8-K Earnings Release (FY2025Q4) ↗
Reported in Form 10-K, Form 10-Q & Form 8-K Non-GAAP Reconciliations.
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Net Cruise Costs Excluding Fuel ($M) ($M) | Year on year | Source |
|---|---|---|---|---|
| 2025 | Dec 31, 2025 | 6,803 | +5.6% | Royal Caribbean Form 8-K Earnings Release (FY2025Q4) ↗ |
| 2024 | Dec 31, 2024 | 6,440 | +15.1% | Royal Caribbean Form 8-K Earnings Release (FY2025Q4) ↗ |
| 2023 | Dec 31, 2023 | 5,597 | +21.8% | Royal Caribbean Form 8-K Earnings Release (FY2024Q4) ↗ |
| 2022 | Dec 31, 2022 | 4,597 | 0.0% | Royal Caribbean Form 8-K Earnings Release (FY2023Q4) ↗ |
| 2021 | Dec 31, 2021 | 4,598 | – | Royal Caribbean Form 8-K Earnings Release (FY2022Q4) ↗ |
| 2019 | Dec 31, 2019 | 4,598 | +19.4% | Royal Caribbean Form 8-K Earnings Release (FY2019Q4) ↗ |
| 2018 | Dec 31, 2018 | 3,850 | +8.7% | Royal Caribbean Form 8-K Earnings Release (FY2019Q4) ↗ |
| 2017 | Dec 31, 2017 | 3,543 | -0.5% | Royal Caribbean Form 8-K Earnings Release (FY2018Q4) ↗ |
| 2016 | Dec 31, 2016 | 3,561 | +3.6% | Royal Caribbean Form 8-K Earnings Release (FY2017Q4) ↗ |
| 2015 | Dec 31, 2015 | 3,436 | +2.0% | Royal Caribbean Form 8-K Earnings Release (FY2016Q4) ↗ |
| 2014 | Dec 31, 2014 | 3,368 | – | Royal Caribbean Form 8-K Earnings Release (FY2015Q4) ↗ |
Cite this data
StockData. (2026). Royal Caribbean Cruises Net Cruise Costs Excluding Fuel ($M), annual 2014–2025 [Data set]. Compiled from Royal Caribbean Cruises SEC filings and investor materials. https://stockdatahq.com/stocks/rcl/kpis/ncc-ex-fuel
See every metric in the Royal Caribbean Cruises KPI table. Data updated Oct 28, 2026.