Royal Caribbean Cruises (RCL) Accumulated Expenses (2009 - 2026)
Royal Caribbean Cruises' Accumulated Expenses came in at $2.17 billion for Q2 2026, up 27.3% from $1.7 billion a year earlier and up 10.0% from the prior quarter.
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Analysis
Royal Caribbean Cruises (RCL) Accumulated Expenses (2009 - 2026) Analysis & Trends
At the end of FY2025, Royal Caribbean Cruises' Accumulated Expenses was $2.03 billion, up 23.9% from FY2024.
- Accumulated Expenses has increased in each of the last five years, with a five-year compound annual growth rate of 26.9% (FY2020 to FY2025).
- Going back by year, Accumulated Expenses was $1.64 billion in FY2024 (+10.6%), $1.48 billion in FY2023 (+1.3%), $1.46 billion in FY2022 (+64.4%) and $887.58 million in FY2021 (+44.1%).
- The Q2 2026 figure represents the highest quarterly Accumulated Expenses in data going back to Q4 2009.
- Year-over-year, Accumulated Expenses has increased for 19 consecutive quarters, with growth averaging 22.8% over the last eight quarters.
- The fastest year-over-year change in Accumulated Expenses over five years came in Q4 2022 (growth of 64.4%), and the weakest in Q3 2021 (a decline of 2.7%).
- Business Quant data shows RCL's Accumulated Expenses at $1.97 billion (Q1 2026), $2.03 billion (Q4 2025) and $1.85 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn |
| 9 | H World | 13.30 Bn | 4.22 Bn | - |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.17 Bn |
| Mar 31, 2026 | 1.97 Bn |
| Dec 31, 2025 | 2.03 Bn |
| Sep 30, 2025 | 1.85 Bn |
| Jun 30, 2025 | 1.70 Bn |
| Mar 31, 2025 | 1.50 Bn |
| Dec 31, 2024 | 1.64 Bn |
| Sep 30, 2024 | 1.48 Bn |
| Jun 30, 2024 | 1.41 Bn |
| Mar 31, 2024 | 1.24 Bn |
| Dec 31, 2023 | 1.48 Bn |
| Sep 30, 2023 | 1.21 Bn |
| Jun 30, 2023 | 1.39 Bn |
| Mar 31, 2023 | 1.20 Bn |
| Dec 31, 2022 | 1.46 Bn |
| Sep 30, 2022 | 858.94 Mn |
| Jun 30, 2022 | 862.83 Mn |
| Mar 31, 2022 | 774.01 Mn |
| Dec 31, 2021 | 887.58 Mn |
| Sep 30, 2021 | 658.99 Mn |
API Access
Royal Caribbean Cruises Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=RCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "RCL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=RCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();