Royal Caribbean Cruises (RCL) Capital Expenditures (2009 - 2026)
Royal Caribbean Cruises' (RCL) quarterly Capital Expenditures came in at $145.0 million in Q1 2026, up 245.24% year-on-year from $42.0 million in Q1 2025, and up 103.97% quarter-over-quarter from -$3.6 billion in Q4 2025.
Royal Caribbean Cruises (RCL) Capital Expenditures (2009 - 2026) Analysis & Trends
Royal Caribbean Cruises has disclosed Capital Expenditures across 18 years of filings, most recently posting $145.0 million for Q1 2026.
- Capital Expenditures for Q1 2026 came in at $145.0 million, up 245.24% year-over-year; the trailing twelve-month figure through Mar 2026 was $175.0 million (up 214.38% YoY), and the FY2025 annual result was $72.0 million, up 53.19% from the prior year.
- Capital Expenditures came in at $145.0 million for Q1 2026 at Royal Caribbean Cruises, up from -$3.6 billion in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $2.7 billion in Q4 2022 to a low of -$3.6 billion in Q4 2025.
- The 5-year median for Capital Expenditures is $242.0 million (2024), against an average of $177.9 million.
- Across the five-year window, Capital Expenditures jumped 30172.54% in 2022 and sank 14195.69% in 2023, its largest moves.
- Royal Caribbean Cruises' Capital Expenditures stood at $2.7 billion in 2022, then sank by 99.03% to $26.0 million in 2023, then tumbled by 10365.38% to -$2.7 billion in 2024, then plunged by 36.76% to -$3.6 billion in 2025, then jumped by 103.97% to $145.0 million in 2026.
- The last three Capital Expenditures figures came in at $145.0 million (Q1 2026), -$3.6 billion (Q4 2025), and $2.5 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 107.00 Mn |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | - |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 145.00 Mn |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 566.00 Mn |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 184.00 Mn |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 1.44 Bn |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 37.00 Mn |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 19.00 Mn |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | - |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 145.00 Mn |
| Mar 31, 2026 | 145.00 Mn |
| Dec 31, 2025 | -3.65 Bn |
| Dec 31, 2025 | -3.65 Bn |
| Sep 30, 2025 | 2.46 Bn |
| Sep 30, 2025 | 2.46 Bn |
| Jun 30, 2025 | 1.22 Bn |
| Jun 30, 2025 | 1.22 Bn |
| Mar 31, 2025 | 42.00 Mn |
| Mar 31, 2025 | 42.00 Mn |
| Dec 31, 2024 | -2.67 Bn |
| Dec 31, 2024 | -2.67 Bn |
| Sep 30, 2024 | 334.00 Mn |
| Sep 30, 2024 | 334.00 Mn |
| Jun 30, 2024 | 2.14 Bn |
| Jun 30, 2024 | 2.14 Bn |
| Mar 31, 2024 | 242.00 Mn |
| Mar 31, 2024 | 242.00 Mn |
| Dec 31, 2023 | 26.00 Mn |
| Dec 31, 2023 | 26.00 Mn |