CEO Total Pay
$17.2M
FY2023 Summary Compensation, above median
RCL FY2023 SEC EDGAR DEF 14A
Royal Caribbean Cruises Ltd CEO pay ratio
The CEO earned $17.2M in FY2023 against median worker pay of $18,073 · Water Transportation.
- State
- FL
- Filing date
- 2024-04-17
- Industry
- Water Transportation
- Fiscal year
- FY2023
Data updated August 2026
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CEO-to-worker pay ratio
953:1
Extreme (Scale: 0–1000:1)
CEO pay
$17.2M
Median worker
$18,073
Latest filing FY2023. This company's newest DEF 14A on file is for FY2023, not FY2025, so the figures on this page are from that earlier year and are not ranked against the FY2025 industry benchmark. Industry pages mark issuers like this one with a "Latest filing" label.
Answer first
Royal Caribbean Cruises Ltd reported a 953:1 CEO-to-worker pay ratio in FY2023 - above the Water Transportation median of 530:1 across 3 filers.
Figures come from Section 953(b) Dodd-Frank DEF 14A disclosures - not estimates. View all Water Transportation companies.
- Pay ratio
- 953:1
- FY2023 disclosed
- CEO total
- $17.2M
- Summary Compensation Table total
- Median worker
- $18,073
- Dodd-Frank median employee
CEO Compensation Breakdown, FY2023
A component-level pay breakdown is not reported in Royal Caribbean Cruises Ltd's structured SEC pay-ratio disclosure. See our methodology →
Filing-year trail · Royal Caribbean Cruises Ltd
Complete DEF 14A pay-ratio filings for this CIK across FY2021–2023. Year-over-year deltas compare adjacent filing years only; incomplete dollar rows are omitted (same completeness gate as the hero figures).
- Latest ratio
- 953:1
- FY2023
- vs prior FY
- +248:1
- from FY2022 705:1
- CEO $ YoY
- +60%
- $17.2M latest
- Filings shown
- 3
- FY2021–2023
| FY | CEO pay | Δ pay | Median worker | Pay ratio | Δ ratio |
|---|---|---|---|---|---|
| 2021 | $15.8M | - | $14,706 | 1,075:1 | - |
| 2022 | $10.8M | -32% | $15,264 | 705:1 | -370:1 |
| 2023 | $17.2M | +60% | $18,073 | 953:1 | +248:1 |
Source: SEC EDGAR DEF 14A pay-ratio disclosures for CIK 884887, FY2021–2023. Adjacent-year deltas only.
Industry Comparison - Water Transportation
This Company's Ratio
953:1
Industry Median Ratio
530:1
Industry Median CEO Pay
$13.8M
This CEO's Pay
$17.2M
Companies in Industry
3
vs. Industry Median
Above
Royal Caribbean Cruises Ltd: upper-tail Item 402(u) ratio
Royal Caribbean Cruises Ltd stamps EXTREME · PEAK at 953:1 with $17.2M CEO total in FY2023. the CEO earned 953× the median employee ($18,073) in FY2023.
At $18,073 median worker pay (LOW-MED), the EXTREME stamp means roughly 953 years of median wages to match one CEO year.
Pay Ratio
953:1
Outlier, top decile
What FY2023 shows for Royal Caribbean Cruises Ltd
Royal Caribbean Cruises Ltd stamps EXTREME · PEAK at 953:1 with $17.2M CEO total in FY2023. The structured pay-ratio disclosure reports the total without line-item components. Water Transportation (SIC 44) median ratio is 530:1 across 3 FY2025 filers; Royal Caribbean Cruises Ltd's $17.2M CEO total is above the $13.8M industry median CEO pay.
Royal Caribbean Cruises Ltd stamps EXTREME · PEAK · LOW-MED; grant-date fair value (not realized pay) is what the DEF 14A reports. Open Water Transportation peers.
Key Data, FY2023
- Total Compensation
- $17.2M
- Median Employee Pay
- $18,073
- Pay Ratio
- 953:1
- Filing Date
- 2024-04-17
Company Info
- Ticker
- RCL
- CIK
- 884887
- Industry
- Water Transportation
- SIC Code
- 4400
- State
- FL
SEC EDGAR DEF 14A for CIK 884887, FY2023. Informational only, not investment advice. Verify on EDGAR.
Read our methodology - how this data is sourced, computed, and verified. Royal Caribbean Cruises Ltd stamps EXTREME · PEAK at 953:1 with $17.2M CEO total in FY2023.
Read with Royal Caribbean Cruises Ltd
ABS(ceo_total_comp) peers first, then a SIC pole and a stamp-branched guide - not a fixed Related strip. This page stamps EXTREME · PEAK · LOW-MED.
Franklin Resources Inc · PEAK
ABS(ceo_total_comp) peer at $17.2M (Δ $15K heavier vs Royal Caribbean Cruises Ltd); MID · ELITE-MED vs this page's EXTREME · PEAK · LOW-MED.
Mbia Inc · PEAK
ABS(ceo_total_comp) peer at $17.1M (Δ $83K lighter vs Royal Caribbean Cruises Ltd); MODEST · ELITE-MED vs this page's EXTREME · PEAK · LOW-MED.
Viatris Inc · PEAK
ABS(ceo_total_comp) peer at $17.3M (Δ $84K heavier vs Royal Caribbean Cruises Ltd); HIGH · LOW-MED vs this page's EXTREME · PEAK · LOW-MED.
DANA Inc · PEAK
ABS(ceo_total_comp) peer at $17.3M (Δ $85K heavier vs Royal Caribbean Cruises Ltd); HIGH · PAR-MED vs this page's EXTREME · PEAK · LOW-MED.
Water Transportation benchmark
Royal Caribbean Cruises Ltd stamps EXTREME · PEAK · LOW-MED inside SIC 44 - open the industry median board after the ABS peers.
Pay-ratio rankings · EXTREME
See where EXTREME · PEAK packages sit on the national leaderboard after reading Royal Caribbean Cruises Ltd.
Highest-paid CEOs · EXTREME
Royal Caribbean Cruises Ltd's EXTREME stamp is in the upper tail - the highest-paid list shows how dollar packages and ratios diverge.
Data sourced from SEC EDGAR DEF 14A for Royal Caribbean Cruises Ltd (CIK 884887), FY2023. See our methodology. Aggregated by PlainCEOPay as of August 2026.
Data currency: Executive compensation from SEC EDGAR DEF 14A proxy statements through fiscal year 2025, compiled and last refreshed August 2026. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.