Royal Caribbean Cruises RCL
NYSE RCL
$264.53 -0.66 (-0.25%)
As of: Sep 8, 2026 · 3:59 PM EDT

Royal Caribbean Cruises (RCL) Capital Expenditures (2009 - 2026)

Royal Caribbean Cruises' (RCL) quarterly Capital Expenditures came in at $2.7 billion in Q2 2026, up 227.39% year-over-year from $836.0 million in Q2 2025, and up 447.4% quarter-over-quarter from $500.0 million in Q1 2026.

Analysis

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 $2.7 billion for Q2 2026.

  • In Q2 2026, Capital Expenditures rose 227.39% year-over-year to $2.7 billion; the TTM figure through Jun 2026 stood at $7.2 billion (up 234.98% YoY), while the FY2025 annual figure was $5.2 billion, up 60.01% from the prior year.
  • Capital Expenditures came in at $2.7 billion for Q2 2026 at Royal Caribbean Cruises, up from $500.0 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $2.7 billion in Q2 2026 to a low of $166.7 million in Q4 2022.
  • Average Capital Expenditures over 5 years is $1.0 billion, with a median of $674.0 million recorded in 2023.
  • The largest YoY upside for Capital Expenditures was 1440.18% in 2023 against a maximum downside of 81.51% in 2023.
  • Over 5 years, Capital Expenditures stood at $166.7 million in 2022, then jumped by 1440.18% to $2.6 billion in 2023, then tumbled by 78.5% to $552.0 million in 2024, then surged by 173.01% to $1.5 billion in 2025, then jumped by 81.62% to $2.7 billion in 2026.
  • Per Business Quant data, the three most recent Capital Expenditures figures were $2.7 billion in Q2 2026, $500.0 million in Q1 2026, and $1.5 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Royal Caribbean Cruises 71.23 Bn 70.31 Bn 2.29 Bn 2.74 Bn
2 Viking Holdings 38.98 Bn 34.99 Bn 996.62 Mn -735.86 Mn
3 Carnival 32.12 Bn 29.88 Bn - 875.00 Mn
4 Norwegian Cruise Line Holdings 7.08 Bn 6.86 Bn 1.05 Bn 457.69 Mn
5 Lindblad Expeditions Holdings 1.73 Bn 1.37 Bn 96.64 Mn 8.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 2.74 Bn
Mar 31, 2026 500.00 Mn
Dec 31, 2025 1.51 Bn
Sep 30, 2025 2.46 Bn
Jun 30, 2025 836.00 Mn
Mar 31, 2025 428.00 Mn
Dec 31, 2024 552.00 Mn
Sep 30, 2024 334.00 Mn
Jun 30, 2024 2.14 Bn
Mar 31, 2024 242.00 Mn
Dec 31, 2023 2.57 Bn
Sep 30, 2023 281.00 Mn
Jun 30, 2023 796.00 Mn
Mar 31, 2023 252.00 Mn
Dec 31, 2022 166.73 Mn
Sep 30, 2022 225.52 Mn
Jun 30, 2022 954.66 Mn
Mar 31, 2022 1.36 Bn
Dec 31, 2021 575.73 Mn
Sep 30, 2021 368.10 Mn