Return on Tangible Equity (Quarterly)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

Royal Caribbean Cruises Ltd. (RCL) had Return on Tangible Equity of 10.30% for the most recently reported fiscal quarter, ending 2026-03-31.

Quarterly Annual

Figures for fiscal quarter ending 2026-03-31

Income Statement Financials
Revenue	$4.45B
Net Income	$941.00M
Cost of Goods Sold	$2.25B
Gross Profit	$2.21B
Operating Expenses	$3.29B
Operating Income	$1.16B
Non-Operating Income/Expense	$-187.00M
Pre-Tax Income	$976.00M
Normalized Pre-Tax Income	$976.00M
Income after Taxes	$950.00M
Income from Continuous Operations	$950.00M
Consolidated Net Income/Loss	$950.00M
Normalized Income after Taxes	$950.00M
EBIT	$1.16B
EBITDA	$1.68B
Weighted-Average Shares Outstanding (Basic)	270.00M
Weighted-Average Shares Outstanding (Diluted)	271.00M
Earnings per Share (EPS) (Basic)	$3.49
Earnings per Share (EPS) (Diluted)	$3.48
Balance Sheet Financials
Current Assets	$2.20B
Property, Plant, and Equipment	$35.88B
Long-Term Assets	$39.79B
Total Assets	$41.99B
Current Liabilities	$11.06B
Long-Term Debt	$19.67B
Long-Term Liabilities	$20.90B
Total Liabilities	$31.96B
Common Equity	$10.03B
Tangible Shareholders Equity	$9.22B
Shareholders Equity	$10.03B
Common Shares Outstanding	268.19M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$1.83B
Cash Flow from Investing Activities	$-529.00M
Cash Flow from Financial Activities	$-1.62B
Beginning Cash	$825.00M
End Cash	$512.00M
Increase/Decrease in Cash	$-313.00M
Stock-Based Compensation	$38.00M
Common Stock Dividends Paid	$-270.00M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	0.20
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.66
Debt to Equity Ratio	2.11
Gross Margin	49.53%
Operating Margin	26.10%
EBIT Margin	26.10%
EBITDA Margin	--
Pre-Tax Profit Margin	21.92%
Profit Margin	21.14%
Free Cash Flow	$1.33B
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.11
Inventory Turnover	8.29
Receiveable Turnover	9.29
Days Sales in Receivables	9.68
Return on Equity	9.47%
Return on Tangible Equity	10.30%
Return on Assets	2.26%
Return on Investments	3.20%
Book Value Per Share	$37.39
Free Cash Flow per Share	$4.92
Operating Cash Flow per Share	$6.77

Data from Zacks Investment Research, Inc.