Royal Caribbean Group (LTS:0I1W) COGS-to-Revenue : 0.55 (As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Royal Caribbean Group COGS-to-Revenue?

Royal Caribbean Group's Cost of Goods Sold for the three months ended in Mar. 2024 was $2,056 Mil. Its Revenue for the three months ended in Mar. 2024 was $3,728 Mil.

Royal Caribbean Group's COGS to Revenue for the three months ended in Mar. 2024 was 0.55.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Royal Caribbean Group's Gross Margin % for the three months ended in Mar. 2024 was 44.85%.

Royal Caribbean Group COGS-to-Revenue Historical Data

The historical data trend for Royal Caribbean Group's COGS-to-Revenue 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 COGS-to-Revenue Chart

Royal Caribbean Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.55

1.25

1.79

0.75

0.56

Royal Caribbean Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.62	0.55	0.51	0.57	0.55

Royal Caribbean Group COGS-to-Revenue Calculation

Royal Caribbean Group's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7775	/	13900
	=	0.56

Royal Caribbean Group's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2056	/	3728
	=	0.55

Royal Caribbean Group (LTS:0I1W) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Royal Caribbean Group's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	2056 / 3728
	=	44.85 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Royal Caribbean Group COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Royal Caribbean Group's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Royal Caribbean Group (LTS:0I1W) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Royal Caribbean Group (LTS:0I1W) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

RCL:USA RCL:Mexico RC8:Germany R1CL34:Brazil

Address

1050 Caribbean Way, Miami, FL, USA, 33132

Website

https://www.rclcorporate.com

Royal Caribbean is the world's second-largest cruise company, operating 64 ships across five global and partner brands in the cruise vacation industry, with 10 more ships on order. 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 the first quarter of 2021.

Royal Caribbean Group (LTS:0I1W) Headlines

No Headlines