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RCL (Royal Caribbean Group) Retained Earnings : $3,139 Mil (As of Mar. 2025)


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What is Royal Caribbean Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Royal Caribbean Group's retained earnings for the quarter that ended in Mar. 2025 was $3,139 Mil.

Royal Caribbean Group's quarterly retained earnings increased from Sep. 2024 ($2,207 Mil) to Dec. 2024 ($2,612 Mil) and increased from Dec. 2024 ($2,612 Mil) to Mar. 2025 ($3,139 Mil).

Royal Caribbean Group's annual retained earnings increased from Dec. 2022 ($-1,707 Mil) to Dec. 2023 ($-10 Mil) and increased from Dec. 2023 ($-10 Mil) to Dec. 2024 ($2,612 Mil).


Royal Caribbean Group Retained Earnings Historical Data

The historical data trend for Royal Caribbean Group's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Royal Caribbean Group Retained Earnings Chart

Royal Caribbean Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,562.78 302.28 -1,707.00 -10.00 2,612.00

Royal Caribbean Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 350.00 1,204.00 2,207.00 2,612.00 3,139.00

Royal Caribbean Group Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Royal Caribbean Group  (NYSE:RCL) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Royal Caribbean Group Business Description

Address
1050 Caribbean Way, Miami, FL, USA, 33132
Royal Caribbean is the world's second-largest cruise company by revenues, operating 67 ships across five global and partner brands in the cruise vacation industry. Brands the company operates include Royal Caribbean International, Celebrity Cruises, and Silversea. The company also has a 50% investment in a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. The selection of brands in the portfolio allows Royal to compete on the basis of innovation, quality of ships and service, variety of itineraries, choice of destinations, and price. The company completed the divestiture of its Azamara brand in 2021 and plans to launch its new Celebrity River Cruise brand in 2027.
Executives
Richard D Fain director, officer: Chairman and CEO ROYAL CARIBBEAN CRUISES LTD, 1050 CARIBBEAN WAY, MIAMI FL 33132
Maritza Gomez Montiel director C/O APTARGROUP, INC., 265 EXCHANGE DRIVE, SUITE 100, CRYSTAL LAKE IL 60014
Naftali Holtz officer: Chief Financial Officer 1050 CARIBBEAN WAY, MIAMI FL 33132
Jason T Liberty officer: President and CEO GATE NO 4, PLANT 10 / 11 GODREJ & BOYCE, PIROJSHANAGAR, LBS MARG, VIKHROLI (WEST), MUMBAI, MAHARASHTRA K7 400079
Laura H Bethge officer: President, Celebrity Cruises 1050 CARIBBEAN WAY, MIAMI FL 33132
Michael W Bayley officer: EVP, International ROYAL CARIBBEAN CRUISES LTD., 1050 CARIBBEAN WAY, MIAMI FL 33132
Arne Alexander Wilhelmsen director ANDERS WILHELMSEN & CO. AS, BEDDINGEN 8, AKER BRYGGE, OSLO Q8 NO-0118
Harri U Kulovaara officer: EVP, Maritime ROYAL CARIBBEAN CRUISES LTD., 1050 CARIBBEAN WAY, MIAMI FL 33132
Henry L Pujol officer: Vice President, Controller ROYAL CARIBBEAN CRUISES LTD., 1050 CARIBBEAN WAY, MIAMI FL 33132
Vagn O Sorensen director ROYAL CARIBBEAN CRUISES LTD., 1050 CARIBBEAN WAY, MIAMI FL 33132
Robert Alexander Lake officer: SVP, CLO, Secretary & CCO C/O WORLD FUEL SERVICES CORPORATION, 9800 N.W. 41ST STREET, MIAMI FL 33178
Rebecca Yeung director 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Lisa Lutoff-perlo officer: EVP, Operations, RCI 1050 CARIBBEAN WAY, MIAMI FL 33132
Michael O Leavitt director LEAVITT PARTNERS LLC, 299 SOUTH MAIN STREET STE 2300, SALT LAKE CITY X1 84111
Bradley H Stein officer: SVP, GC & Chief Compliance Off 1050 CARIBBEAN WAY, MIAMI FL 33132