Growth Metrics

Royal Caribbean Cruises (RCL) EBITDA (2016 - 2025)

Royal Caribbean Cruises' EBITDA history spans 16 years, with the latest figure at $701.0 million for Q4 2025.

  • For Q4 2025, EBITDA rose 39.09% year-over-year to $701.0 million; the TTM value through Dec 2025 reached $4.5 billion, up 63.0%, while the annual FY2025 figure was $4.5 billion, 63.24% up from the prior year.
  • EBITDA for Q4 2025 was $701.0 million at Royal Caribbean Cruises, down from $1.6 billion in the prior quarter.
  • Across five years, EBITDA topped out at $1.6 billion in Q3 2025 and bottomed at -$5.7 billion in Q4 2021.
  • The 5-year median for EBITDA is $504.0 million (2024), against an average of $180.3 million.
  • The largest YoY upside for EBITDA was 602.41% in 2024 against a maximum downside of 2.78% in 2024.
  • A 5-year view of EBITDA shows it stood at -$5.7 billion in 2021, then skyrocketed by 93.78% to -$351.7 million in 2022, then soared by 171.38% to $251.0 million in 2023, then skyrocketed by 100.8% to $504.0 million in 2024, then skyrocketed by 39.09% to $701.0 million in 2025.
  • Per Business Quant, the three most recent readings for RCL's EBITDA are $701.0 million (Q4 2025), $1.6 billion (Q3 2025), and $1.4 billion (Q2 2025).