Income StatementBalance SheetCash FlowSegments
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Royal Caribbean Group Business Segments

Business, geographic, and product segment breakdowns

Royal Caribbean Group generates $18.4B in annual revenue across 4 key segments: Sales Commissions Transportationand Other ($2.4B), Food And Beverage ($1.0B), Fuel Costs ($1.1B), and Other Operating Expenses ($2.2B). The company-wide operating margin is 27.88%. Based on the Q1 2026 filing.

Sales Commissions Transportationand Other (TTM)$2.4BFood And Beverage (TTM)$1.0BFuel Costs (TTM)$1.1BOther Operating Expenses (TTM)$2.2BPayroll (TTM)$1.4B
Latest FilingQ1 2026
Report Date2026-04-30
Market Cap$68.7B
P/E Ratio15.33
ROE50.41%

Products & Services

Total cruise operating expenses

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Sales Commissions Transportationand Other$492.0M$522.0M$606.0M$696.0M$546.0M$564.0M
Other Operating Expenses$514.0M$500.0M$561.0M$569.0M$572.0M$542.0M
Payroll$342.0M$340.0M$329.0M$342.0M$356.0M$400.0M
Fuel Costs$284.0M$277.0M$279.0M$297.0M$292.0M$265.0M
Food And Beverage$237.0M$239.0M$246.0M$264.0M$269.0M$264.0M

Total revenues

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Passenger$2.6B$2.7B$3.2B$3.6B$2.9B$3.0B

Percentage of revenues by country

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Passenger Ticket—100.0%100.0%100.0%—100.0%