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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on SalesTimes Interest Earned

Royal Caribbean Cruises (RCL) Debt to Equity (2016 - 2026)

Royal Caribbean Cruises' Debt to Equity history spans 18 years, with the latest figure at $2.01 for Q1 2026.

  • On a quarterly basis, Debt to Equity fell 15.77% to $2.01 in Q1 2026 year-over-year; TTM through Mar 2026 was $2.01, a 15.77% decrease, with the full-year FY2025 number at $1.78, down 25.85% from a year prior.
  • Debt to Equity hit $2.01 in Q1 2026 for Royal Caribbean Cruises, up from $1.78 in the prior quarter.
  • Over the last five years, Debt to Equity for RCL hit a ceiling of $8.15 in Q4 2022 and a floor of $1.78 in Q4 2025.
  • Historically, Debt to Equity has averaged $4.23 across 5 years, with a median of $3.85 in 2024.
  • Biggest five-year swings in Debt to Equity: soared 155.86% in 2022 and later crashed 50.51% in 2023.
  • Tracing RCL's Debt to Equity over 5 years: stood at $8.15 in 2022, then crashed by 50.51% to $4.03 in 2023, then plummeted by 40.52% to $2.4 in 2024, then fell by 25.85% to $1.78 in 2025, then rose by 12.72% to $2.01 in 2026.
  • Business Quant data shows Debt to Equity for RCL at $2.01 in Q1 2026, $1.78 in Q4 2025, and $2.01 in Q3 2025.