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| Date | Value |
|---|---|
| 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 |