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

Royal Caribbean Cruises (RCL) reported Capital Expenditures of $500.0 million for Q1 2026, up 16.82% on a YoY basis from $428.0 million in Q1 2025, and down 90.28% sequentially from $5.1 billion in Q4 2025.

Royal Caribbean Cruises (RCL) Capital Expenditures (2009 - 2026) Analysis & Trends

Royal Caribbean Cruises (RCL) has 18 years of Capital Expenditures data on file, last reported at $500.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Capital Expenditures rose 16.82% year-over-year to $500.0 million; the trailing twelve-month figure through Mar 2026 stood at $5.3 billion (up 53.47% YoY), and the FY2025 full-year result was $5.2 billion, up 60.01% from the prior year.
  • Capital Expenditures retreated to $500.0 million in Q1 2026, from $5.1 billion in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $5.1 billion in Q4 2025 to a low of -$2.3 billion in Q3 2024.
  • A 5-year average of $691.6 million and a median of $252.0 million in 2023 frame the typical range for Capital Expenditures.
  • Across the five-year window, Capital Expenditures jumped 24512.34% in 2022 and sank 38933.33% in 2024, its largest moves.
  • Tracing RCL's Capital Expenditures over 5 years: stood at $166.7 million in 2022, then plunged by 84.41% to $26.0 million in 2023, then jumped by 12269.23% to $3.2 billion in 2024, then surged by 60.01% to $5.1 billion in 2025, then slumped by 90.28% to $500.0 million in 2026.
  • Business Quant data shows RCL's Capital Expenditures at $500.0 million in Q1 2026, $5.1 billion in Q4 2025, and -$1.2 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn 107.00 Mn
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn 500.00 Mn
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn -
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn -
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn -157.93 Mn
6 Carnival 34.61 Bn 32.38 Bn - 875.00 Mn
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn 184.00 Mn
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn 1.44 Bn
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn -
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn 37.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 500.00 Mn
Mar 31, 2026 500.00 Mn
Dec 31, 2025 5.15 Bn
Dec 31, 2025 5.15 Bn
Sep 30, 2025 -1.18 Bn
Sep 30, 2025 -1.18 Bn
Jun 30, 2025 836.00 Mn
Jun 30, 2025 836.00 Mn
Mar 31, 2025 428.00 Mn
Mar 31, 2025 428.00 Mn
Dec 31, 2024 3.22 Bn
Dec 31, 2024 3.22 Bn
Sep 30, 2024 -2.33 Bn
Sep 30, 2024 -2.33 Bn
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