Royal Caribbean Cruises RCL
NYSE RCL
$264.53 -0.66 (-0.25%)
As of: Sep 8, 2026 · 3:59 PM EDT

Royal Caribbean Cruises (RCL) EV to CFO (2009 - 2026)

Royal Caribbean Cruises' (RCL) quarterly EV to CFO came in at 45.28 in Q2 2026, down 6.17% year-over-year from 48.26 in Q2 2025, and up 13.32% quarter-over-quarter from 39.96 in Q1 2026.

Analysis

Royal Caribbean Cruises (RCL) EV to CFO (2009 - 2026) Analysis & Trends

Royal Caribbean Cruises has disclosed EV to CFO across 18 years of filings, most recently posting 45.28 for Q2 2026.

  • In Q2 2026, EV to CFO fell 6.17% year-over-year to 45.28; the TTM figure through Jun 2026 stood at 12.41 (down 15.49% YoY), while the FY2025 annual figure was 11.56, down 1.62% from the prior year.
  • EV to CFO came in at 45.28 for Q2 2026 at Royal Caribbean Cruises, up from 39.96 in the prior quarter.
  • In the past five years, EV to CFO ranged from a high of 59.79 in Q3 2025 to a low of 179.81 in Q3 2022.
  • Average EV to CFO over 5 years is 18.47, with a median of 31.81 recorded in 2023.
  • The largest YoY upside for EV to CFO was 136.72% in 2022 against a maximum downside of 275.8% in 2022.
  • Over 5 years, EV to CFO stood at 18.46 in 2022, then jumped by 59.64% to 29.47 in 2023, then soared by 43.09% to 42.17 in 2024, then grew by 9.19% to 46.04 in 2025, then fell by 1.64% to 45.28 in 2026.
  • Per Business Quant data, the three most recent EV to CFO figures were 45.28 in Q2 2026, 39.96 in Q1 2026, and 46.04 in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Royal Caribbean Cruises 71.23 Bn 70.31 Bn 2.29 Bn
2 Viking Holdings 38.98 Bn 34.99 Bn 996.62 Mn
3 Carnival 32.12 Bn 29.88 Bn -
4 Norwegian Cruise Line Holdings 7.08 Bn 6.86 Bn 1.05 Bn
5 Lindblad Expeditions Holdings 1.73 Bn 1.37 Bn 96.64 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 45.28
Mar 31, 2026 39.96
Dec 31, 2025 46.04
Sep 30, 2025 59.79
Jun 30, 2025 48.26
Mar 31, 2025 34.14
Dec 31, 2024 42.17
Sep 30, 2024 52.85
Jun 30, 2024 25.92
Mar 31, 2024 26.70
Dec 31, 2023 29.47
Sep 30, 2023 35.07
Jun 30, 2023 18.66
Mar 31, 2023 11.91
Dec 31, 2022 18.46
Sep 30, 2022 -179.81
Jun 30, 2022 13.85
Mar 31, 2022 -36.27
Dec 31, 2021 -82.12
Sep 30, 2021 -47.85