RCL Q1 2024 Earnings — Royal Caribbean Cruises Ltd. Revenue & Financial Results | Market Cap Arena

RCLRoyal Caribbean Cruises Ltd.

$79B

Q1 2024 Earnings

Consumer Cyclical Travel Services

Income Statement

Revenue

$3.7B+29.2% YoY

Gross Profit

$1.7B44.8% margin

Operating Income

$750M20.1% margin

Net Income

$360M9.7% margin

EPS (Diluted)

$1.35

QoQ Revenue Growth

+11.9%

Cash Flow

Operating Cash Flow

$1.3B

Free Cash Flow

$1.1B

Stock-Based Comp.

$45M

Balance Sheet

Total Assets

$35.2B

Total Liabilities

$29.9B

Stockholders' Equity

$5.2B

Cash & Equivalents

$437M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.7B	$2.9B	+29.2%
Gross Profit	$1.7B	$1.1B	+53.0%
Operating Income	$750M	$272M	+175.7%
Net Income	$360M	-$48M	+850.0%

Revenue Segments

Cruise Itinerary

$3.5B95%

Other Products And Services

$189M5%

Geographic Segments

North America

$2.7B76%

Asia Pacific

$506M14%

Other Region

$322M9%

Europe

$21M1%