Royal Caribbean Cruises (RCL) EBT (2009 - 2026)
Royal Caribbean Cruises' (RCL) quarterly EBT came in at $976.0 million in Q1 2026, up 29.96% year-on-year from $751.0 million in Q1 2025, and up 45.02% quarter-over-quarter from $673.0 million in Q4 2025.
Royal Caribbean Cruises (RCL) EBT (2009 - 2026) Analysis & Trends
Royal Caribbean Cruises has disclosed EBT across 18 years of filings, most recently posting $976.0 million for Q1 2026.
- EBT for Q1 2026 came in at $976.0 million, up 29.96% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.2 billion (up 42.92% YoY), and the FY2025 annual result was $4.4 billion, up 48.69% from the prior year.
- EBT came in at $976.0 million for Q1 2026 at Royal Caribbean Cruises, up 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.
- The 5-year median for EBT is $426.0 million (2023), against an average of $407.1 million.
- Across the five-year window, EBT retreated 5.26% in 2022 and surged 2329.19% in 2023, its largest moves.
- Royal Caribbean Cruises' EBT stood at -$403.8 million in 2022, then jumped by 156.22% to $227.0 million in 2023, then surged by 59.03% to $361.0 million in 2024, then surged by 86.43% to $673.0 million in 2025, then surged by 45.02% to $976.0 million in 2026.
- The last three EBT figures came in at $976.0 million (Q1 2026), $673.0 million (Q4 2025), and $1.5 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 1.40 Bn |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 281.00 Mn |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 976.00 Mn |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 280.00 Mn |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 25.00 Mn |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 107.66 Mn |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 11.00 Mn |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 108.00 Mn |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 380.00 Mn |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | 30.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 976.00 Mn |
| Dec 31, 2025 | 673.00 Mn |
| Sep 30, 2025 | 1.46 Bn |
| Jun 30, 2025 | 1.11 Bn |
| 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 | 426.00 Mn |
| Mar 31, 2023 | -73.00 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 | -1.31 Bn |
| Sep 30, 2021 | -1.43 Bn |
| Jun 30, 2021 | -1.32 Bn |