Royal Caribbean Cruises (RCL) Common Equity (2009 - 2026)
Royal Caribbean Cruises' Common Equity was $11.91 billion in Q3 2026, up 15.8% from $10.29 billion a year earlier and up 13.9% from the prior quarter.
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Analysis
Royal Caribbean Cruises (RCL) Common Equity (2009 - 2026) Analysis & Trends
At the end of FY2025, Common Equity at Royal Caribbean Cruises came in at $10.25 billion, up 32.4% from FY2024.
- Common Equity has now increased for three consecutive years, with a five-year compound annual growth rate of 3.2% (FY2020 to FY2025).
- In earlier years, Common Equity was $7.74 billion in FY2024 (+57.9%), $4.9 billion in FY2023 (+70.8%), $2.87 billion in FY2022 (-43.6%) and $5.09 billion in FY2021 (-41.9%).
- The Q3 2026 figure marks the highest quarterly Common Equity since Q4 2019.
- Compared with a year earlier, Common Equity has increased for 14 straight quarters, with growth averaging 36.0% over the last eight quarters.
- The best year-over-year quarter for Common Equity over five years was Q1 2024 (growth of 76.0%); the worst was Q2 2022 (a decline of 56.9%).
- Per Business Quant data, RCL's Common Equity in the three quarters before Q3 2026 was $10.46 billion (Q2 2026), $10.03 billion (Q1 2026) and $10.25 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 108.80 Bn | 107.07 Bn | 1.54 Bn | -5.08 Bn |
| 2 | Royal Caribbean Cruises | 90.20 Bn | 87.13 Bn | 2.88 Bn | 11.91 Bn |
| 3 | Hilton Worldwide Holdings | 83.57 Bn | 80.30 Bn | 3.05 Bn | -6.59 Bn |
| 4 | Carnival | 42.04 Bn | 35.23 Bn | - | 14.21 Bn |
| 5 | Viking Holdings | 38.56 Bn | 23.68 Bn | 996.62 Mn | 1.65 Bn |
| 6 | Trip.com | 28.95 Bn | -16.08 Bn | 1.84 Bn | 23.68 Bn |
| 7 | Intercontinental Hotels | 27.80 Bn | 23.77 Bn | - | -2.98 Bn |
| 8 | Hyatt Hotels | 17.37 Bn | 14.79 Bn | 384.00 Mn | 3.50 Bn |
| 9 | H World | 15.40 Bn | 6.81 Bn | 456.00 Mn | 2.10 Bn |
| 10 | U-Haul Holding | 11.08 Bn | 6.73 Bn | 1.75 Bn | 7.72 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.91 Bn |
| Jun 30, 2026 | 10.46 Bn |
| Mar 31, 2026 | 10.03 Bn |
| Dec 31, 2025 | 10.25 Bn |
| Sep 30, 2025 | 10.29 Bn |
| Jun 30, 2025 | 9.36 Bn |
| Mar 31, 2025 | 8.14 Bn |
| Dec 31, 2024 | 7.74 Bn |
| Sep 30, 2024 | 7.22 Bn |
| Jun 30, 2024 | 6.18 Bn |
| Mar 31, 2024 | 5.33 Bn |
| Dec 31, 2023 | 4.90 Bn |
| Sep 30, 2023 | 4.60 Bn |
| Jun 30, 2023 | 3.54 Bn |
| Mar 31, 2023 | 3.03 Bn |
| Dec 31, 2022 | 2.87 Bn |
| Sep 30, 2022 | 3.21 Bn |
| Jun 30, 2022 | 3.40 Bn |
| Mar 31, 2022 | 3.99 Bn |
| Dec 31, 2021 | 5.09 Bn |
API Access
Royal Caribbean Cruises Common Equity API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=common-equity&ticker=RCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "ticker": "RCL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=common-equity&ticker=RCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();