RCLRoyal Caribbean Cruises Ltd.

$77B

Q4 2019 Earnings

Consumer Cyclical Travel Services

Income Statement

Revenue

$2.5B+7.9% YoY

Gross Profit

$1.0B41.1% margin

Operating Income

$299M11.9% margin

Net Income

$273M10.8% margin

EPS (Diluted)

$1.30

QoQ Revenue Growth

-21.0%

Cash Flow

Operating Cash Flow

$609M

Free Cash Flow

-$73M

Stock-Based Comp.

$25M

Balance Sheet

Total Assets

$30.3B

Total Liabilities

$17.6B

Stockholders' Equity

$12.2B

Cash & Equivalents

$244M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.5B	$2.3B	+7.9%
Gross Profit	$1.0B	$972M	+6.6%
Operating Income	$299M	$364M	-17.7%
Net Income	$273M	$316M	-13.5%

Revenue Segments

Cruise Itinerary

$2.3B93%

Other Products And Services

$170M7%

Geographic Segments

North America

$1.5B65%

Asia Pacific

$440M19%

Europe

$279M12%

Other Region

$107M5%

RCL Q4 2019 Earnings — Royal Caribbean Cruises Ltd. Revenue & Financial Results | Market Cap Arena