Royal Historical Income Statement
| RCL Stock | USD 241.49 3.92 1.65% |
Historical analysis of Royal Caribbean income statement accounts such as Other Operating Expenses of 11.6 B, Operating Income of 3 B, EBIT of 3 B or Ebitda of 4.6 B can show how well Royal Caribbean Cruises performed in making a profits. Evaluating Royal Caribbean income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Royal Caribbean's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Royal Caribbean Cruises latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Royal Caribbean Cruises is a good buy for the upcoming year.
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About Royal Income Statement Analysis
Royal Caribbean Cruises Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Royal Caribbean shareholders. The income statement also shows Royal investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Royal Caribbean Income Statement Chart
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Gross Profit
Gross profit is a required income statement account that reflects total revenue of Royal Caribbean Cruises minus its cost of goods sold. It is profit before Royal Caribbean operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Royal Caribbean Cruises. It is also known as Royal Caribbean overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Royal Caribbean Cruises income statement and represents the costs associated with goods and services Royal Caribbean provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Royal Caribbean's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Royal Caribbean Cruises current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Caribbean Cruises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Royal Caribbean's Operating Income is quite stable compared to the past year. EBIT is expected to rise to about 3 B this year, although the value of Income Tax Expense will most likely fall to about 5.7 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 2.7B | 3.0B | 3.5B | 3.6B | Cost Of Revenue | 2.7B | 6.6B | 9.2B | 9.7B |
Royal Caribbean income statement Correlations
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Royal Caribbean Account Relationship Matchups
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Royal Caribbean income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 1.2B | 1.3B | 1.3B | 1.4B | 1.5B | 1.5B | |
| Interest Expense | 408.5M | 844.2M | 1.3B | 1.4B | 1.4B | 1.5B | |
| Total Revenue | 11.0B | 2.2B | 1.5B | 8.8B | 13.9B | 14.6B | |
| Gross Profit | 4.9B | (556.3M) | (1.1B) | 2.2B | 4.7B | 4.9B | |
| Other Operating Expenses | 8.9B | 5.2B | 5.3B | 9.6B | 11.0B | 11.6B | |
| Operating Income | 2.1B | (4.6B) | (3.9B) | (847.9M) | 2.9B | 3.0B | |
| Ebit | 2.1B | (5.0B) | (4.0B) | (803.5M) | 2.9B | 3.0B | |
| Ebitda | 3.3B | (3.7B) | (2.7B) | 586.1M | 4.3B | 4.6B | |
| Cost Of Revenue | 6.1B | 2.8B | 2.7B | 6.6B | 9.2B | 9.7B | |
| Total Operating Expenses | 2.8B | 2.5B | 2.7B | 3.0B | 3.5B | 3.6B | |
| Income Before Tax | 1.9B | (5.8B) | (5.3B) | (2.2B) | 1.7B | 1.8B | |
| Total Other Income Expense Net | (175.1M) | (1.2B) | (1.4B) | (1.4B) | (1.2B) | (1.1B) | |
| Net Income | 1.5B | (6.5B) | (6.6B) | (2.1B) | 1.7B | 1.8B | |
| Income Tax Expense | 412.7M | 729.5M | 1.3B | (56.1M) | 6M | 5.7M | |
| Selling General Administrative | 1.1B | 992.4M | 978.0M | 1.1B | 1.5B | 1.1B | |
| Net Income Applicable To Common Shares | 1.9B | (5.8B) | (5.3B) | (2.2B) | (1.9B) | (1.8B) | |
| Selling And Marketing Expenses | 465.4M | 207.2M | 392.1M | 509.6M | 506M | 458.4M | |
| Net Income From Continuing Ops | 1.9B | (5.8B) | (5.3B) | (2.2B) | 924.9M | 971.1M | |
| Non Operating Income Net Other | 233.4M | (329.3M) | (98.4M) | (27.8M) | (25.0M) | (23.8M) | |
| Interest Income | 26.9M | 1.0B | 16.8M | 1.2B | 46.0M | 43.7M | |
| Minority Interest | 28.7M | 22.3M | 0.0 | (3.5M) | (5.2M) | (4.9M) | |
| Net Interest Income | (381.6M) | (823.2M) | (1.3B) | (1.3B) | (1.4B) | (1.4B) | |
| Reconciled Depreciation | 1.2B | 1.3B | 1.3B | 1.4B | 1.4B | 1.4B |
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Try AI Portfolio ArchitectCheck out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Royal Caribbean Cruises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Hotels, Resorts & Cruise Lines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Royal Caribbean. If investors know Royal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Royal Caribbean listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.154 | Dividend Share 0.4 | Earnings Share 9.97 | Revenue Per Share 62.168 | Quarterly Revenue Growth 0.175 |
The market value of Royal Caribbean Cruises is measured differently than its book value, which is the value of Royal that is recorded on the company's balance sheet. Investors also form their own opinion of Royal Caribbean's value that differs from its market value or its book value, called intrinsic value, which is Royal Caribbean's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Royal Caribbean's market value can be influenced by many factors that don't directly affect Royal Caribbean's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Royal Caribbean's value and its price as these two are different measures arrived at by different means. Investors typically determine if Royal Caribbean is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Royal Caribbean's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.