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Royal Caribbean Cruises (RCL) Capital Expenditures (2016 - 2025)

Royal Caribbean Cruises' Capital Expenditures history spans 15 years, with the latest figure at $1.5 billion for Q4 2025.

  • For Q4 2025, Capital Expenditures fell 53.14% year-over-year to $1.5 billion; the TTM value through Dec 2025 reached $5.2 billion, up 60.01%, while the annual FY2025 figure was $5.2 billion, 60.01% up from the prior year.
  • Capital Expenditures for Q4 2025 was $1.5 billion at Royal Caribbean Cruises, down from $2.5 billion in the prior quarter.
  • Across five years, Capital Expenditures topped out at $3.2 billion in Q4 2024 and bottomed at -$2.3 billion in Q3 2024.
  • The 5-year median for Capital Expenditures is $324.5 million (2021), against an average of $732.9 million.
  • The largest annual shift saw Capital Expenditures soared 61605.43% in 2023 before it tumbled 929.18% in 2024.
  • A 5-year view of Capital Expenditures shows it stood at $575.7 million in 2021, then tumbled by 98.61% to $8.0 million in 2022, then soared by 32104.67% to $2.6 billion in 2023, then increased by 25.23% to $3.2 billion in 2024, then plummeted by 53.14% to $1.5 billion in 2025.
  • Per Business Quant, the three most recent readings for RCL's Capital Expenditures are $1.5 billion (Q4 2025), $2.5 billion (Q3 2025), and $1.2 billion (Q2 2025).