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Saturday 17 October 2026 Export RCL’s income statement to Excel — free account

Royal Caribbean Cruises Ltd.

RCL Consumer Cyclical Travel Services

Royal Caribbean Cruises Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $17.9 billion, up 8.80% from fiscal 2024. In the quarter to June 2026, revenue grew 6.48%, EPS fell 5.39%, free cash flow fell 196.4% and total debt rose 20.1%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years, revenue growth for three, operating cash flow growth for five.

277.68 2.33 −0.83%
Market cap
$74.9B
P/E
17.1×
Fwd P/E
16.3×
Dividend yield
1.98%
F-score
7/9
Altman Z
2.18
Beneish M
−2.86
Dividend safety
57/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Royal Caribbean Cruises Ltd. (RCL) Current ratio

Alert me on Current ratio

Royal Caribbean Cruises Ltd.'s current ratio at the end of the quarter to 30 June 2026 was 0.2×, up 0.0× from fiscal 2025 (0.2×). Over the past ten years it has ranged from 0.1× (fiscal 2019) to 1.0× (fiscal 2020); the current reading is higher than 45% of that period. That is below the Travel Services industry median of 1.2× and below the Consumer Cyclical sector median of 1.5×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 0.2× 5.58%
FY2024 0.2× (8.87%)
FY2023 0.2× (49.01%)
FY2022 0.4× (24.36%)
FY2021 0.5× (48.00%)
FY2020 1.0× 550.00%
FY2019 0.1× (16.27%)
FY2018 0.2× (6.63%)
FY2017 0.2× 10.98%
FY2016 0.2× (13.59%)

Quarterly newest first

Period Current ratio Change
Jun 2026 0.2× 4.82%
Mar 2026 0.2× 8.62%
Dec 2025 0.2× 11.49%
Sep 2025 0.2× (29.00%)
42 more quarters

Against its own ten years

Low 0.1× High 1.0×
Ten-year median 0.2×
Current reading's percentile 45

Current ratio against peers

Company Current ratio
MMYT MakeMyTrip Limited compare 3.1×
ABNB Airbnb, Inc. compare 1.4×
TCOM Trip.com Group Limited Sponsored ADR compare 1.3×
BKNG Booking Holdings Inc. compare 1.1×
VIK Viking Holdings Ltd. compare 0.8×
EXPE Expedia Group, Inc. compare 0.8×
CCL Carnival Corporation compare 0.3×
RCL Royal Caribbean Cruises Ltd. 0.2×
NCLH Norwegian Cruise Line Holdings Ltd. compare 0.2×
Travel Services industry median 1.2×
Consumer Cyclical sector median 1.5×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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