• Royal Caribbean Cruises average pre-tax profit margin for 2023 was 2.29%, a 102.48% increase from 2022.
• Royal Caribbean Cruises average pre-tax profit margin for 2022 was -92.33%, a 96.04% decline from 2021.
• Royal Caribbean Cruises average pre-tax profit margin for 2021 was -2332.59%, a 2412.21% decline from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.