Royal Caribbean Cruises (RCL) EV to CFO (2009 - 2026)
Royal Caribbean Cruises' (RCL) EV to CFO came in at 12.42 for Q2 2026, down 15.7% from 14.73 a year earlier but up 12.7% from the prior quarter.
Royal Caribbean Cruises (RCL) EV to CFO (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to CFO at Royal Caribbean Cruises was 12.16, down 16.3% year-over-year; for FY2025, it came in at 11.58, down 1.5% from FY2024.
- In prior years, Royal Caribbean Cruises' EV to CFO was 11.75 in FY2024 (+59.9%), 7.35 in FY2023 (-66.9%) and 22.22 in FY2022.
- Quarterly EV to CFO has run from a low of 5.89 in Q3 2023 to a high of 22.22 in Q4 2022 over five years.
- On a year-over-year basis, EV to CFO increased in six of the last eight quarters, with growth averaging 32.1%.
- The strongest year-over-year quarter for EV to CFO in the past five years was Q2 2025, with growth of 68.7%; the weakest was Q4 2023, with a decline of 66.9%.
- According to Business Quant data, EV to CFO for the three prior quarters was 11.02 (Q1 2026), 11.58 (Q4 2025) and 13.95 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn |
| 9 | H World | 13.30 Bn | 4.22 Bn | - |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.42 |
| Mar 31, 2026 | 11.02 |
| Dec 31, 2025 | 11.58 |
| Sep 30, 2025 | 13.95 |
| Jun 30, 2025 | 14.73 |
| Mar 31, 2025 | 9.99 |
| Dec 31, 2024 | 11.75 |
| Sep 30, 2024 | 9.66 |
| Jun 30, 2024 | 8.73 |
| Mar 31, 2024 | 7.90 |
| Dec 31, 2023 | 7.35 |
| Sep 30, 2023 | 5.89 |
| Jun 30, 2023 | 8.05 |
| Mar 31, 2023 | 6.74 |
| Dec 31, 2022 | 22.22 |
| Mar 31, 2020 | 1.21 |
| Dec 31, 2019 | 7.60 |
| Sep 30, 2019 | 5.99 |
| Jun 30, 2019 | 6.87 |
| Mar 31, 2019 | 6.70 |
Royal Caribbean Cruises EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=RCL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "RCL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=RCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();