Operating Expenses

Stock-Based Compensation Expense (Pre-tax)

Royal Caribbean Group Stock-Based Compensation Expense (Pre-tax) remained flat by 0.0% to $43.75M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 34.5%, from $66.75M to $43.75M. Over 4 years (FY 2021 to FY 2025), Stock-Based Compensation Expense (Pre-tax) shows an upward trend with a 28.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ4 2025Feb 11, 2026

How to read this metric

Rising costs may indicate increased compensation levels or a shift toward equity-heavy pay structures.

Detailed definition

The total pre-tax accounting expense recorded for all share-based payment arrangements, such as stock options and restri...

Peer comparison

Standard metric found in the notes to financial statements for all public companies.

Metric ID: cat_stock_based_compensation_expense_pretax

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value$64.00M$36.00M$126.00M$267.00M$175.00M
YoY Change-43.8%+250.0%+111.9%-34.5%
Range$36.00M$267.00M
CAGR+28.6%
Avg YoY Growth+70.9%
Median YoY Growth+38.7%

Frequently Asked Questions

What is Royal Caribbean Group's stock-based compensation expense (pre-tax)?
Royal Caribbean Group (RCL) reported stock-based compensation expense (pre-tax) of $43.75M in Q4 2025.
How has Royal Caribbean Group's stock-based compensation expense (pre-tax) changed year-over-year?
Royal Caribbean Group's stock-based compensation expense (pre-tax) decreased by 34.5% year-over-year, from $66.75M to $43.75M.
What is the long-term trend for Royal Caribbean Group's stock-based compensation expense (pre-tax)?
Over 4 years (2021 to 2025), Royal Caribbean Group's stock-based compensation expense (pre-tax) has grown at a 28.6% compound annual growth rate (CAGR), from $64.00M to $175.00M.
What does stock-based compensation expense (pre-tax) mean?
The total pre-tax cost of employee stock-based compensation.