Royal Caribbean Cruises (RCL) Debt Ratio (2009 - 2026)

Royal Caribbean Cruises has disclosed Debt Ratio across 18 years of filings, most recently posting 0.47 for Q1 2026.

• Debt Ratio for Q1 2026 came in at 0.47, down 9.48% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.47 (down 9.48% YoY), and the FY2025 annual result was 0.44, down 12.52% from the prior year.
• Debt Ratio came in at 0.47 for Q1 2026 at Royal Caribbean Cruises, up from 0.44 in the prior quarter.
• In the past five years, Debt Ratio ranged from a high of 0.7 in Q3 2022 to a low of 0.44 in Q4 2025.
• The 5-year median for Debt Ratio is 0.57 (2024), against an average of 0.58.
• Across the five-year window, Debt Ratio grew 12.07% in 2022 and declined 18.75% in 2023, its largest moves.
• Royal Caribbean Cruises' Debt Ratio stood at 0.69 in 2022, then retreated by 18.75% to 0.56 in 2023, then dropped by 11.0% to 0.5 in 2024, then dropped by 12.52% to 0.44 in 2025, then rose by 6.98% to 0.47 in 2026.
• The last three Debt Ratio figures came in at 0.47 (Q1 2026), 0.44 (Q4 2025), and 0.51 (Q3 2025), per Business Quant data.