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

Royal Caribbean Cruises (RCL) has 18 years of Debt Ratio data on file, last reported at 0.5 in Q1 2026.

• For the quarter ending Q1 2026, Debt Ratio fell 2.87% year-over-year to 0.5; the trailing twelve-month figure through Mar 2026 stood at 0.5 (down 2.87% YoY), and the FY2025 full-year result was 0.51, down 5.3% from the prior year.
• Debt Ratio eased to 0.5 in Q1 2026, from 0.51 in the prior quarter.
• In the past five years, Debt Ratio ranged from a high of 0.69 in Q4 2022 to a low of 0.14 in Q3 2022.
• A 5-year average of 0.56 and a median of 0.57 in 2024 frame the typical range for Debt Ratio.
• Across the five-year window, Debt Ratio tumbled 78.71% in 2022 and soared 348.67% in 2023, its largest moves.
• Tracing RCL's Debt Ratio over 5 years: stood at 0.69 in 2022, then declined by 11.83% to 0.61 in 2023, then declined by 11.31% to 0.54 in 2024, then dropped by 5.3% to 0.51 in 2025, then retreated by 1.96% to 0.5 in 2026.
• Business Quant data shows RCL's Debt Ratio at 0.5 in Q1 2026, 0.51 in Q4 2025, and 0.51 in Q3 2025.