Royal Caribbean Cruises (RCL) EBT (2009 - 2026)

Royal Caribbean Cruises (RCL) reported EBT of $976.0 million for Q1 2026, up 29.96% on a YoY basis from $751.0 million in Q1 2025, and up 45.02% sequentially from $673.0 million in Q4 2025.

Royal Caribbean Cruises (RCL) EBT (2009 - 2026) Analysis & Trends

Royal Caribbean Cruises (RCL) has 18 years of EBT data on file, last reported at $976.0 million in Q1 2026.

  • For the quarter ending Q1 2026, EBT rose 29.96% year-over-year to $976.0 million; the trailing twelve-month figure through Mar 2026 stood at $3.7 billion (up 24.53% YoY), and the FY2025 full-year result was $4.4 billion, up 48.69% from the prior year.
  • EBT grew to $976.0 million in Q1 2026, from $673.0 million in the prior quarter.
  • In the past five years, EBT ranged from a high of $1.5 billion in Q3 2025 to a low of -$1.1 billion in Q1 2022.
  • A 5-year average of $318.2 million and a median of $361.0 million in 2024 frame the typical range for EBT.
  • Across the five-year window, EBT surged 2329.19% in 2023 and fell 29.19% in 2025, its largest moves.
  • Tracing RCL's EBT over 5 years: stood at -$403.8 million in 2022, then soared by 156.22% to $227.0 million in 2023, then jumped by 59.03% to $361.0 million in 2024, then jumped by 86.43% to $673.0 million in 2025, then jumped by 45.02% to $976.0 million in 2026.
  • Business Quant data shows RCL's EBT at $976.0 million in Q1 2026, $673.0 million in Q4 2025, and $1.5 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn 1.40 Bn
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn 976.00 Mn
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn 281.00 Mn
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn -1.82 Mn
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn 305.29 Mn
6 Carnival 34.61 Bn 32.38 Bn - 555.00 Mn
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn 25.00 Mn
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn 107.66 Mn
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn 30.28 Mn
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn 11.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 976.00 Mn
Dec 31, 2025 673.00 Mn
Sep 30, 2025 1.46 Bn
Jun 30, 2025 570.00 Mn
Mar 31, 2025 751.00 Mn
Dec 31, 2024 361.00 Mn
Sep 30, 2024 1.04 Bn
Jun 30, 2024 805.00 Mn
Mar 31, 2024 331.00 Mn
Dec 31, 2023 227.00 Mn
Sep 30, 2023 932.00 Mn
Jun 30, 2023 -512.76 Mn
Mar 31, 2023 -102.00 Mn
Dec 31, 2022 -403.79 Mn
Sep 30, 2022 -41.81 Mn
Jun 30, 2022 -514.86 Mn
Mar 31, 2022 -1.13 Bn
Dec 31, 2021 -1.69 Bn
Sep 30, 2021 -1.43 Bn
Jun 30, 2021 -1.32 Bn