Royal Caribbean Cruises (RCL) EV to FCF (2009 - 2026)
Royal Caribbean Cruises' (RCL) quarterly EV to FCF came in at 96.04 in Q2 2026, down 203.72% year-over-year from 92.6 in Q2 2025, and down 274.82% quarter-over-quarter from 54.94 in Q1 2026.
Analysis
Royal Caribbean Cruises (RCL) EV to FCF (2009 - 2026) Analysis & Trends
Royal Caribbean Cruises has disclosed EV to FCF across 18 years of filings, most recently posting 96.04 for Q2 2026.
- In Q2 2026, EV to FCF fell 203.72% year-over-year to 96.04; the TTM figure through Jun 2026 stood at 202.47 (down 961.91% YoY), while the FY2025 annual figure was 60.46, up 95.17% from the prior year.
- EV to FCF came in at 96.04 for Q2 2026 at Royal Caribbean Cruises, down from 54.94 in the prior quarter.
- In the past five years, EV to FCF ranged from a high of 644.17 in Q4 2025 to a low of 96.04 in Q2 2026.
- Average EV to FCF over 5 years is 46.38, with a median of 29.32 recorded in 2022.
- Year-over-year, EV to FCF plunged 264.97% in 2024 and jumped 852.85% in 2025.
- Over 5 years, EV to FCF stood at 25.98 in 2022, then plunged by 187.16% to 22.65 in 2023, then jumped by 398.49% to 67.6 in 2024, then jumped by 852.85% to 644.17 in 2025, then tumbled by 114.91% to 96.04 in 2026.
- Per Business Quant data, the three most recent EV to FCF figures were 96.04 in Q2 2026, 54.94 in Q1 2026, and 644.17 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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -96.04 |
| Mar 31, 2026 | 54.94 |
| Dec 31, 2025 | 644.17 |
| Sep 30, 2025 | -88.81 |
| Jun 30, 2025 | 92.60 |
| Mar 31, 2025 | 46.33 |
| Dec 31, 2024 | 67.60 |
| Sep 30, 2024 | 84.21 |
| Jun 30, 2024 | -71.91 |
| Mar 31, 2024 | 32.65 |
| Dec 31, 2023 | -22.65 |
| Sep 30, 2023 | 61.14 |
| Jun 30, 2023 | 43.59 |
| Mar 31, 2023 | 14.75 |
| Dec 31, 2022 | 25.98 |
| Sep 30, 2022 | -29.65 |
| Jun 30, 2022 | -13.93 |
| Mar 31, 2022 | -10.14 |
| Dec 31, 2021 | -21.58 |
| Sep 30, 2021 | -25.01 |