Consumer Discretionary
Travel Services
$61.71B
98.2K
Key insights and themes extracted from this filing
Net income attributable to Royal Caribbean Cruises Ltd. for the first quarter of 2025 was $730 million, a substantial increase compared to $360 million for the same period in 2024. This indicates a strong improvement in profitability.
Total revenues increased by $271 million to $4 billion, driven by increases in capacity, ticket prices, and onboard spending. This suggests successful revenue management and strong demand for cruise offerings.
Interest expense, net of interest capitalized, decreased by $175 million to $249 million, primarily due to a loss on extinguishment of debt in 2024 and proactive refinancing. This indicates effective debt management strategies.