Royal Caribbean Cruises Ltd.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.49B | $8.78B | $8.50B | $8.30B | $8.07B | $7.96B | $7.69B | $7.54B |
| Passenger ticket | $6.80B | $6.35B | $6.11B | $6.05B | $5.98B | $5.93B | $5.74B | $5.62B |
| Onboard and other | $2.69B | $2.43B | $2.39B | $2.25B | $2.09B | $2.03B | $1.95B | $1.92B |
| Cost of Revenue | $5.26B | $4.90B | $5.02B | $5.10B | $5.31B | $5.31B | $5.16B | $4.94B |
| Gross Profit | $4.23B | $3.88B | $3.48B | $3.20B | $2.77B | $2.65B | $2.53B | $2.60B |
| Gross Margin | 44.6% | 44.2% | 41.0% | 38.6% | 34.3% | 33.3% | 33.0% | 34.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.30B | $1.19B | $1.11B | $1.09B | $1.05B | $1.04B | $1.01B | $960.6M |
| Operating Income | $1.89B | $1.74B | $1.48B | $874.9M | $941.9M | $798.1M | $403.1M | $931.6M |
| Operating Margin | 20.0% | 19.9% | 17.4% | 10.5% | 11.7% | 10.0% | 5.2% | 12.4% |
| Interest Expense | $333.7M | $300.0M | $307.4M | $277.7M | $258.3M | $332.4M | $355.8M | $382.4M |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | — | — | $55.5M | $20.7M |
| Net Income | $1.81B | $1.63B | $1.28B | $665.8M | $764.1M | $473.7M | $18.3M | $607.4M |
| Net Margin | 19.1% | 18.5% | 15.1% | 8.0% | 9.5% | 6.0% | 0.2% | 8.1% |
| EPS (Basic) | $8.60 | $7.57 | $5.96 | $3.03 | $3.45 | $2.16 | $0.08 | $2.80 |
| EPS (Diluted) | $8.56 | $7.53 | $5.93 | $3.02 | $3.43 | $2.14 | $0.08 | $2.77 |
| Shares Outstanding (Basic) | 210.6M | 214.6M | 215.4M | 219.5M | 221.7M | 219.6M | 217.9M | 217.0M |
| Shares Outstanding (Diluted) | 211.6M | 215.7M | 216.3M | 220.7M | 223.0M | 220.9M | 219.5M | 219.2M |
| Dividends Per Share | $2.60 | $2.16 | $1.71 | — | — | — | $0.12 | — |