Cruise Industry News takes a look at the financial performance of the “big three” following the second quarter of 2018.
Takeaways:
Net income rocketed up at all three players, with Carnival Corporation leading the way with a 48 percent increase in net income, reported at $561 million compared to $379 million in the second quarter of 2017.
Net income per passenger day also jumped significantly at both Carnival Corporation and Royal Caribbean Cruises (see below table), while the numbers were also up, although less, at Norwegian Cruise Line Holdings.
Net ticket revenue per passenger day was up across the board, with the biggest increases coming from Carnival and Norwegian.
Onboard revenue was up at Carnival and Royal, but fell slightly at Norwegian, measured by net revenue per passenger day.
Overall, onboard revenue numbers rose at Norwegian, but so did the number of guests carried, bringing the average spend down.
Expenses moved north at all three companies as well, with fuel, food and payroll costs increasing.
Overall, year-over-year, more people cruises and they spent more on their tickets and onboard the ships.
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Cruise Industry Financial Tracking
The Cruise Industry Financial Tracking Report provides an in-depth look into the financial metrics of the leading cruise companies. Learn more.
Included: Carnival, Royal Caribbean, Norwegian, MSC, Star/Genting, Royal Olympic, P&O Princess, Regent, American Classical Voyages and Commodore.
Key metrics include revenue, operating expenses, operating income and net income, as well as those metrics on a per passenger day basis. We also look at EPS, fleets, berths and passenger cruise days.
Past Data:
2018 Cruise Lines Q1 By the Numbers
2017 Cruise Lines Q4 By the Numbers
2017 Cruise Lines Q3 By the Numbers
2017 Cruise Lines Q2 By the Numbers
2017 Cruise Lines Q1 By the Numbers
2016 Cruise Lines Q4 By the Numbers
2016 Cruise Lines Q3 By the Numbers
2016 Cruise Lines Q2 By the Numbers
2016 Cruise Lines Q1 By the Numbers
