Royal Caribbean Cruises (RCL) Enterprise Value (2009 - 2026)
Royal Caribbean Cruises (RCL) reported Enterprise Value of -$517.0 million for Q1 2026, down 115.42% on a YoY basis from $3.4 billion in Q1 2025, and up 29.37% sequentially from -$732.0 million in Q4 2025.
Royal Caribbean Cruises (RCL) Enterprise Value (2009 - 2026) Analysis & Trends
Royal Caribbean Cruises (RCL) has 18 years of Enterprise Value data on file, last reported at -$517.0 million in Q1 2026.
- For the quarter ending Q1 2026, Enterprise Value fell 115.42% year-over-year to -$517.0 million; the trailing twelve-month figure through Mar 2026 stood at -$517.0 million (down 115.42% YoY), and the FY2025 full-year result was -$732.0 million, down 222.47% from the prior year.
- Enterprise Value grew to -$517.0 million in Q1 2026, from -$732.0 million in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of -$227.0 million in Q4 2024 to a low of -$2.3 billion in Q2 2022.
- A 5-year average of -$845.8 million and a median of -$517.0 million in 2026 frame the typical range for Enterprise Value.
- Across the five-year window, Enterprise Value surged 82.6% in 2023 and sank 222.47% in 2025, its largest moves.
- Tracing RCL's Enterprise Value over 5 years: stood at -$2.0 billion in 2022, then surged by 82.6% to -$347.0 million in 2023, then surged by 34.58% to -$227.0 million in 2024, then slumped by 222.47% to -$732.0 million in 2025, then grew by 29.37% to -$517.0 million in 2026.
- Business Quant data shows RCL's Enterprise Value at -$517.0 million in Q1 2026, -$732.0 million in Q4 2025, and -$414.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | -16.02 Bn |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | -517.00 Mn |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | -12.01 Bn |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | 5.93 Mn |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | -3.80 Bn |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | -2.23 Bn |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | -2.50 Bn |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | -185.05 Mn |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | -415.51 Mn |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | -392.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -517.00 Mn |
| Dec 31, 2025 | -732.00 Mn |
| Sep 30, 2025 | -414.00 Mn |
| Jun 30, 2025 | -796.00 Mn |
| Mar 31, 2025 | -240.00 Mn |
| Dec 31, 2024 | -227.00 Mn |
| Sep 30, 2024 | -279.00 Mn |
| Jun 30, 2024 | -268.00 Mn |
| Mar 31, 2024 | -315.00 Mn |
| Dec 31, 2023 | -347.00 Mn |
| Sep 30, 2023 | -496.87 Mn |
| Jun 30, 2023 | -569.08 Mn |
| Mar 31, 2023 | -1.07 Bn |
| Dec 31, 2022 | -1.99 Bn |
| Sep 30, 2022 | -1.66 Bn |
| Jun 30, 2022 | -2.27 Bn |
| Mar 31, 2022 | -2.18 Bn |
| Dec 31, 2021 | -2.76 Bn |
| Sep 30, 2021 | -3.36 Bn |
| Jun 30, 2021 | -4.31 Bn |