Royal Caribbean Cruises (RCL) Dividend Coverage Ratio (2012 - 2026)
Royal Caribbean Cruises' (RCL) quarterly Dividend Coverage Ratio came in at 2.81 in Q2 2026, down 53.71% year-over-year from 6.08 in Q2 2025, and down 20.08% quarter-over-quarter from 3.52 in Q1 2026.
Analysis
Royal Caribbean Cruises (RCL) Dividend Coverage Ratio (2012 - 2026) Analysis & Trends
Royal Caribbean Cruises has disclosed Dividend Coverage Ratio across 12 years of filings, most recently posting 2.81 for Q2 2026.
- In Q2 2026, Dividend Coverage Ratio fell 53.71% year-over-year to 2.81; the TTM figure through Jun 2026 stood at 3.67 (down 50.15% YoY), while the FY2025 annual figure was 5.21, down 80.75% from the prior year.
- Dividend Coverage Ratio came in at 2.81 for Q2 2026 at Royal Caribbean Cruises, down from 3.52 in the prior quarter.
- In the past five years, Dividend Coverage Ratio ranged from a high of 7.14 in Q3 2025 to a low of 2.47 in Q4 2025.
- Average Dividend Coverage Ratio over 3 years is 4.34, with a median of 3.52 recorded in 2026.
- Year-over-year, Dividend Coverage Ratio slipped 26.66% in 2025 and plunged 53.71% in 2026.
- Over 3 years, Dividend Coverage Ratio stood at 3.37 in 2024, then fell by 26.66% to 2.47 in 2025, then gained by 13.65% to 2.81 in 2026.
- Per Business Quant data, the three most recent Dividend Coverage Ratio figures were 2.81 in Q2 2026, 3.52 in Q1 2026, and 2.47 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Royal Caribbean Cruises | 71.23 Bn | 70.31 Bn | 2.29 Bn | 2.81 |
| 2 | Viking Holdings | 38.98 Bn | 34.99 Bn | 996.62 Mn | - |
| 3 | Carnival | 32.12 Bn | 29.88 Bn | - | 2.61 |
| 4 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.86 Bn | 1.05 Bn | - |
| 5 | Lindblad Expeditions Holdings | 1.73 Bn | 1.37 Bn | 96.64 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.81 |
| Mar 31, 2026 | 3.52 |
| Dec 31, 2025 | 2.47 |
| Sep 30, 2025 | 7.14 |
| Jun 30, 2025 | 6.08 |
| Mar 31, 2025 | 4.97 |
| Dec 31, 2024 | 3.37 |
| Jun 30, 2020 | -9.19 |
| Mar 31, 2020 | -8.52 |
| Dec 31, 2019 | 1.29 |
| Sep 30, 2019 | 5.43 |
| Jun 30, 2019 | 3.20 |
| Mar 31, 2019 | 1.55 |
| Dec 31, 2018 | 1.87 |
| Sep 30, 2018 | 5.67 |
| Jun 30, 2018 | 3.06 |
| Mar 31, 2018 | 1.67 |
| Dec 31, 2017 | 1.96 |
| Sep 30, 2017 | 6.49 |
| Jun 30, 2017 | 3.38 |