Growth Metrics

Royal Caribbean Cruises (RCL) Debt to Equity (2016 - 2025)

Royal Caribbean Cruises (RCL) has disclosed Debt to Equity for 17 consecutive years, with $1.78 as the latest value for Q4 2025.

  • Quarterly Debt to Equity fell 32.96% to $1.78 in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $1.78 through Dec 2025, down 32.96% year-over-year, with the annual reading at $1.78 for FY2025, 32.96% down from the prior year.
  • Debt to Equity hit $1.78 in Q4 2025 for Royal Caribbean Cruises, up from $1.68 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $7.47 in Q4 2022 to a low of $1.68 in Q3 2025.
  • Historically, Debt to Equity has averaged $4.09 across 5 years, with a median of $3.63 in 2024.
  • Biggest five-year swings in Debt to Equity: soared 155.86% in 2022 and later crashed 45.68% in 2024.
  • Year by year, Debt to Equity stood at $4.15 in 2021, then skyrocketed by 80.2% to $7.47 in 2022, then tumbled by 41.39% to $4.38 in 2023, then tumbled by 39.38% to $2.65 in 2024, then plummeted by 32.96% to $1.78 in 2025.
  • Business Quant data shows Debt to Equity for RCL at $1.78 in Q4 2025, $1.68 in Q3 2025, and $1.89 in Q2 2025.