Royal Caribbean Cruises (RCL) Capital Expenditures (2009 - 2026)
Royal Caribbean Cruises (RCL) posted Capital Expenditures of $2.7 billion for Q2 2026, up 447.4% sequentially from $500.0 million in Q1 2026, and up 227.39% YoY from $836.0 million in Q2 2025.
Royal Caribbean Cruises (RCL) Capital Expenditures (2009 - 2026) Analysis & Trends
Royal Caribbean Cruises has reported Capital Expenditures for 18 years, with the latest figure at $2.7 billion in Q2 2026.
- Quarterly Capital Expenditures rose 227.39% year-over-year to $2.7 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $7.2 billion (up 234.98% YoY) and the FY2025 annual result came in at $5.2 billion, up 60.01% from the prior year.
- Capital Expenditures climbed to $2.7 billion in Q2 2026 per RCL's latest filing, from $500.0 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $2.7 billion in Q2 2026 and troughed at $166.7 million in Q4 2022.
- A 5-year average of $1.0 billion and a median of $674.0 million in 2023 frame the typical range for Capital Expenditures.
- The widest YoY moves for Capital Expenditures: up 1440.18% in 2023, down 81.51% in 2023.
- Over 5 years, Capital Expenditures stood at $166.7 million in 2022, then soared by 1440.18% to $2.6 billion in 2023, then sank by 78.5% to $552.0 million in 2024, then jumped by 173.01% to $1.5 billion in 2025, then soared by 81.62% to $2.7 billion in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered $2.7 billion, $500.0 million, and $1.5 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 159.34 Bn | 142.12 Bn | 4.98 Bn | 76.00 Mn |
| 2 | Airbnb | 108.60 Bn | 96.53 Bn | 2.98 Bn | - |
| 3 | Royal Caribbean Cruises | 81.57 Bn | 80.88 Bn | 2.29 Bn | 2.74 Bn |
| 4 | Viking Holdings | 44.18 Bn | 40.38 Bn | 713.43 Mn | -157.93 Mn |
| 5 | Carnival | 38.51 Bn | 36.29 Bn | - | 875.00 Mn |
| 6 | Expedia | 38.08 Bn | 30.96 Bn | 3.91 Bn | 199.00 Mn |
| 7 | Trip.com | 29.19 Bn | 17.73 Bn | 1.86 Bn | - |
| 8 | Norwegian Cruise Line Holdings | 8.73 Bn | 8.51 Bn | 1.05 Bn | 457.69 Mn |
| 9 | MakeMyTrip | 5.85 Bn | 5.09 Bn | 212.91 Mn | - |
| 10 | Global Business Travel | 4.94 Bn | 4.47 Bn | 514.00 Mn | 39.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.74 Bn |
| Jun 30, 2026 | 2.74 Bn |
| Mar 31, 2026 | 500.00 Mn |
| Mar 31, 2026 | 500.00 Mn |
| Dec 31, 2025 | 1.51 Bn |
| Dec 31, 2025 | 1.51 Bn |
| Sep 30, 2025 | 2.46 Bn |
| Sep 30, 2025 | 2.46 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 | 552.00 Mn |
| Dec 31, 2024 | 552.00 Mn |
| 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 |