Royal Caribbean Cruises Ltd. employees and revenue per employee

RCL · Travel Services · $74.5B market cap

Royal Caribbean Cruises Ltd. had 108,000 employees at the end of fiscal Dec 2025, up 1.9% from a year earlier. Revenue for the year was $17.9B, up 8.8% from a year earlier, or $166K per employee. Revenue and headcount both grew, and revenue grew faster.

Employees

108,000

+1.9% YoY

Revenue

$17.9B

+8.8% YoY

Revenue / employee

$166K

Peer median $921K

Rank in industry

6 of 7

Travel Services

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Dec 2016
0114227'16'17'18'19'20'21'22'23'24'25Revenue 211Staff 164

Hover a year for the numbers.

RCL employees and revenue by fiscal year
Year endingEmployeesRevenuePer employeeStaff YoYRevenue YoY
Dec 2025108,000$17.9B$166K+1.9%+8.8%
Dec 2024106,000$16.5B$156K+7.9%+18.6%
Dec 202398,200$13.9B$142K-4.2%+57.2%
Dec 2022102,500$8.84B$86K+20.6%+477.0%
Dec 202185,000$1.53B$18K+1131.9%-30.6%
Dec 20206,900$2.21B$320K-91.9%-79.8%
Dec 201985,400$11.0B$128K+10.9%+15.3%
Dec 201877,000$9.49B$123K+16.7%+8.2%
Dec 201766,000$8.78B$133K+0.0%+3.3%
Dec 201666,000$8.50B$129K——

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years
6,900'2085,000'21102,500'2298,200'23106,000'24108,000'25
Revenue per employee, last six fiscal years
$320K'20$18K'21$86K'22$142K'23$156K'24$166K'25

Royal Caribbean Cruises Ltd. against similar companies

The closest industry peers by revenue, from Travel Services.

CompanyEmployeesRevenueRevenue / employeeShape
NCLH
Norwegian Cruise Line Holdings Ltd.
5,300$9.83B$1.85MEfficient growth
ABNB
Airbnb, Inc.
8,200$12.3B$1.50MHiring ahead
BKNG
Booking Holdings Inc.
24,300$26.9B$1.11MLeaner
EXPE
Expedia Group, Inc.
16,000$14.7B$921KLeaner
CCL
Carnival Corporation & plc
101,000$26.6B$264KEfficient growth
RCL
Royal Caribbean Cruises Ltd.
108,000$17.9B$166KEfficient growth
GBTG
Global Business Travel Group, Inc.
27,000$2.72B$101KHiring ahead
Every Consumer Cyclical company

Questions about Royal Caribbean Cruises Ltd.

How many employees does Royal Caribbean Cruises Ltd. have?
Royal Caribbean Cruises Ltd. reported 108,000 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 11, 2026. That is up 1.9% from a year earlier.
What is Royal Caribbean Cruises Ltd.'s revenue per employee?
Royal Caribbean Cruises Ltd. brought in $17.9B of revenue in fiscal Dec 2025, which is $166K per employee. That ranks 6 of 7 companies we track in Travel Services, where the median is $921K.
Where do these numbers come from?
Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

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Compare RCL with the rest of the market

See who earns the most per employee, who is hiring, and who is cutting, across every company we track.

Source: employee counts and revenue as stated in Royal Caribbean Cruises Ltd.'s annual reports (Form 10-K), latest filed February 11, 2026. This is data, not a recommendation to buy or sell RCL.