Royal Caribbean Cruises (RCL) Equity Ratio (2009 - 2026)

Royal Caribbean Cruises' (RCL) quarterly Equity Ratio came in at 0.23 in Q1 2026, up 7.47% year-on-year from 0.22 in Q1 2025, and down 5.09% quarter-over-quarter from 0.25 in Q4 2025.

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

Royal Caribbean Cruises has disclosed Equity Ratio across 18 years of filings, most recently posting 0.23 for Q1 2026.

  • Equity Ratio for Q1 2026 came in at 0.23, up 7.47% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.23 (up 7.47% YoY), and the FY2025 annual result was 0.25, up 17.97% from the prior year.
  • Equity Ratio came in at 0.23 for Q1 2026 at Royal Caribbean Cruises, down from 0.25 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.25 in Q3 2025 to a low of 0.08 in Q4 2022.
  • The 5-year median for Equity Ratio is 0.15 (2024), against an average of 0.16.
  • Across the five-year window, Equity Ratio sank 57.22% in 2022 and soared 64.43% in 2024, its largest moves.
  • Royal Caribbean Cruises' Equity Ratio stood at 0.08 in 2022, then jumped by 64.17% to 0.14 in 2023, then jumped by 49.63% to 0.21 in 2024, then rose by 17.97% to 0.25 in 2025, then decreased by 5.09% to 0.23 in 2026.
  • The last three Equity Ratio figures came in at 0.23 (Q1 2026), 0.25 (Q4 2025), and 0.25 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn -0.31
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn 0.28
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 0.23
4 Carnival 37.80 Bn 36.39 Bn - 0.25
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 0.07
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn 0.10
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 0.32
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn -0.15
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn 0.64
10 MakeMyTrip 2.12 Bn 1.35 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 0.23
Dec 31, 2025 0.25
Sep 30, 2025 0.25
Jun 30, 2025 0.24
Mar 31, 2025 0.22
Dec 31, 2024 0.21
Sep 30, 2024 0.19
Jun 30, 2024 0.17
Mar 31, 2024 0.15
Dec 31, 2023 0.14
Sep 30, 2023 0.14
Jun 30, 2023 0.11
Mar 31, 2023 0.09
Dec 31, 2022 0.08
Sep 30, 2022 0.10
Jun 30, 2022 0.10
Mar 31, 2022 0.12
Dec 31, 2021 0.16
Sep 30, 2021 0.20
Jun 30, 2021 0.23