Royal Caribbean Cruises (RCL) Depreciation & Amortization (CF) (2009 - 2026)
Royal Caribbean Cruises (RCL) reported Depreciation & Amortization (CF) of $490 million for Q3 2026, up 12.6% from $435 million a year earlier and up 5.6% from the prior quarter.
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Analysis
Royal Caribbean Cruises (RCL) Depreciation & Amortization (CF) (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Royal Caribbean Cruises' Depreciation & Amortization (CF) came in at $1.87 billion, up 11.6% year-over-year; for FY2025, it was $1.72 billion, up 7.4% from FY2024.
- Depreciation & Amortization (CF) has increased for 16 consecutive years, with a five-year compound annual growth rate of 6.1% (FY2020 to FY2025).
- By year, Depreciation & Amortization (CF) came in at $1.6 billion in FY2024 (+10.0%), $1.46 billion in FY2023 (+3.4%), $1.41 billion in FY2022 (+8.8%) and $1.29 billion in FY2021 (+1.1%).
- The Q3 2026 figure ranks as the highest quarterly Depreciation & Amortization (CF) since Q1 2017.
- Year over year, Depreciation & Amortization (CF) has now increased in each of the last 22 quarters, with growth averaging 9.5% over the last eight quarters.
- Over the past five years, the year-over-year growth in Depreciation & Amortization (CF) ranged from 2.0% (Q4 2023) to 12.6% (Q3 2026).
- Per Business Quant data, the three quarters before Q3 2026 came in at $464 million (Q2 2026), $461 million (Q1 2026) and $453 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 108.57 Bn | 106.84 Bn | 1.54 Bn | 166.00 Mn |
| 2 | Royal Caribbean Cruises | 87.25 Bn | 84.19 Bn | 2.88 Bn | 490.00 Mn |
| 3 | Hilton Worldwide Holdings | 83.02 Bn | 79.75 Bn | 3.05 Bn | 52.00 Mn |
| 4 | Carnival | 40.37 Bn | 33.56 Bn | - | 754.00 Mn |
| 5 | Viking Holdings | 38.85 Bn | 23.97 Bn | 996.62 Mn | 84.05 Mn |
| 6 | Trip.com | 29.18 Bn | -15.85 Bn | 1.84 Bn | - |
| 7 | Intercontinental Hotels | 27.60 Bn | 23.56 Bn | - | - |
| 8 | Hyatt Hotels | 17.33 Bn | 14.74 Bn | 384.00 Mn | 72.00 Mn |
| 9 | H World | 15.68 Bn | 7.08 Bn | 456.00 Mn | 47.00 Mn |
| 10 | U-Haul Holding | 11.03 Bn | 6.68 Bn | 1.75 Bn | 324.35 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 490.00 Mn |
| Jun 30, 2026 | 464.00 Mn |
| Mar 31, 2026 | 461.00 Mn |
| Dec 31, 2025 | 453.00 Mn |
| Sep 30, 2025 | 435.00 Mn |
| Jun 30, 2025 | 417.00 Mn |
| Mar 31, 2025 | 412.00 Mn |
| Dec 31, 2024 | 410.00 Mn |
| Sep 30, 2024 | 410.00 Mn |
| Jun 30, 2024 | 393.00 Mn |
| Mar 31, 2024 | 387.00 Mn |
| Dec 31, 2023 | 368.00 Mn |
| Sep 30, 2023 | 365.00 Mn |
| Jun 30, 2023 | 362.00 Mn |
| Mar 31, 2023 | 360.00 Mn |
| Dec 31, 2022 | 360.91 Mn |
| Sep 30, 2022 | 355.09 Mn |
| Jun 30, 2022 | 351.54 Mn |
| Mar 31, 2022 | 339.47 Mn |
| Dec 31, 2021 | 333.49 Mn |
API Access
Royal Caribbean Cruises Depreciation & Amortization (CF) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-amortization-cf&ticker=RCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-cf", "ticker": "RCL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-amortization-cf&ticker=RCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();