Growth Metrics

Royal Caribbean Cruises (RCL) EBITDA (2016 - 2026)

Royal Caribbean Cruises' EBITDA history spans 18 years, with the latest figure at $1.2 billion for Q1 2026.

  • On a quarterly basis, EBITDA rose 38.71% to $1.2 billion in Q1 2026 year-over-year; TTM through Mar 2026 was $4.8 billion, a 51.38% increase, with the full-year FY2025 number at $4.5 billion, up 62.17% from a year prior.
  • EBITDA hit $1.2 billion in Q1 2026 for Royal Caribbean Cruises, up from $701.0 million in the prior quarter.
  • Over the last five years, EBITDA for RCL hit a ceiling of $1.6 billion in Q3 2025 and a floor of -$950.9 million in Q1 2022.
  • Historically, EBITDA has averaged $470.4 million across 5 years, with a median of $510.0 million in 2024.
  • Biggest five-year swings in EBITDA: soared 602.74% in 2023 and later dropped 2.96% in 2024.
  • Tracing RCL's EBITDA over 5 years: stood at -$351.7 million in 2022, then surged by 170.52% to $248.0 million in 2023, then skyrocketed by 105.65% to $510.0 million in 2024, then skyrocketed by 37.45% to $701.0 million in 2025, then skyrocketed by 65.62% to $1.2 billion in 2026.
  • Business Quant data shows EBITDA for RCL at $1.2 billion in Q1 2026, $701.0 million in Q4 2025, and $1.6 billion in Q3 2025.