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Royal Caribbean Group RCL Return on invested capital

Return on invested capital at other companies

Walt Disney logo
Walt DisneyDIS
8.2%+3.1pp
Expedia Group, Inc. logo
Expedia Group, Inc.EXPE
48.5%+22.0pp
Hyatt Hotels logo
Hyatt HotelsH
2.9%-13.1pp

Other financials

Income statement

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Revenue$4.5B+11.3%
Gross profit$2.2B+14.8%
Operating income$1.2B+23.0%
Net income$941.0M+28.9%
EPS (diluted)$3.48+28.9%

Balance sheet

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Cash & equivalents$512.0M+32.6%
Total debt$678.0M-19.9%
Total equity$9.8B+23.2%
Total assets$42.0B+12.1%

Cash flow

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Operating cash flow$1.8B+12.7%
CapEx$500.0M+16.8%
Free cash flow$1.3B+11.3%

Valuation

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Market cap$83.81B+34.6%
Enterprise value$83.98B+33.8%
P/E18.7×-0.5×
P/S4.6×+0.8×

Profitability

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Gross margin49.7%+1.5pp
Operating margin27.9%+2.2pp
Net margin24.4%+5.0pp

Returns & leverage

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Return on equity50.4%+0.9pp
Debt / equity0.1×0.0×
Current ratio0.2×0.0×

Where this comes from

Calculated from Royal Caribbean Group’s reported figures.

Based on trailing twelve months.

The official record: Royal Caribbean Group’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Royal Caribbean Group's return on invested capital?
Royal Caribbean Group (RCL) reported return on invested capital of 55.7% in Q1 2026.
How has Royal Caribbean Group's return on invested capital changed year-over-year?
Royal Caribbean Group's return on invested capital decreased by 6.7% year-over-year, from 59.7% to 55.7%.
What is the long-term trend for Royal Caribbean Group's return on invested capital?
Over 4 years (2021 to 2025), Royal Caribbean Group's return on invested capital has grown at a -7.3% compound annual growth rate (CAGR), from -299.4% to 221.5%.
What does return on invested capital mean?
The after-tax return the business earns on all the capital — debt and equity — invested in it.
How do you interpret return on invested capital?
The cleanest measure of business quality: ROIC sustained above the cost of capital creates value, below it destroys value. Compare against WACC, not against zero.
How does return on invested capital compare across companies?
Highly comparable across companies as a quality screen. Sector-sensitive definitions of invested capital mean banks/insurers are best excluded.