Royal Caribbean Cruises (RCL) Current Leases (2019 - 2026)

Royal Caribbean Cruises' (RCL) quarterly Current Leases came in at $79.0 million in Q1 2026, up 5.33% year-on-year from $75.0 million in Q1 2025, and down 12.22% quarter-over-quarter from $90.0 million in Q4 2025.

Royal Caribbean Cruises (RCL) Current Leases (2019 - 2026) Analysis & Trends

Royal Caribbean Cruises has disclosed Current Leases across 8 years of filings, most recently posting $79.0 million for Q1 2026.

  • Current Leases for Q1 2026 came in at $79.0 million, up 5.33% year-over-year; the trailing twelve-month figure through Mar 2026 was $79.0 million (up 5.33% YoY), and the FY2025 annual result was $90.0 million, up 21.62% from the prior year.
  • Current Leases came in at $79.0 million for Q1 2026 at Royal Caribbean Cruises, down from $90.0 million in the prior quarter.
  • In the past five years, Current Leases ranged from a high of $90.0 million in Q4 2025 to a low of $63.0 million in Q1 2024.
  • The 5-year median for Current Leases is $75.2 million (2022), against an average of $75.8 million.
  • Across the five-year window, Current Leases dropped 23.81% in 2022 and jumped 31.25% in 2025, its largest moves.
  • Royal Caribbean Cruises' Current Leases stood at $80.0 million in 2022, then dropped by 18.75% to $65.0 million in 2023, then advanced by 13.85% to $74.0 million in 2024, then increased by 21.62% to $90.0 million in 2025, then slipped by 12.22% to $79.0 million in 2026.
  • The last three Current Leases figures came in at $79.0 million (Q1 2026), $90.0 million (Q4 2025), and $85.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn -
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn -
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 79.00 Mn
4 Carnival 37.80 Bn 36.39 Bn - 171.00 Mn
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn -
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn -
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 25.00 Mn
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn -
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn -
10 MakeMyTrip 2.12 Bn 1.35 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 79.00 Mn
Dec 31, 2025 90.00 Mn
Sep 30, 2025 85.00 Mn
Jun 30, 2025 84.00 Mn
Mar 31, 2025 75.00 Mn
Dec 31, 2024 74.00 Mn
Sep 30, 2024 68.00 Mn
Jun 30, 2024 64.00 Mn
Mar 31, 2024 63.00 Mn
Dec 31, 2023 65.00 Mn
Sep 30, 2023 80.98 Mn
Jun 30, 2023 81.80 Mn
Mar 31, 2023 78.39 Mn
Dec 31, 2022 80.00 Mn
Sep 30, 2022 75.18 Mn
Jun 30, 2022 71.65 Mn
Mar 31, 2022 74.23 Mn
Dec 31, 2021 68.92 Mn
Sep 30, 2021 71.34 Mn
Jun 30, 2021 84.84 Mn