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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on SalesTimes Interest Earned

Royal Caribbean Cruises (RCL) FCF Margin (2016 - 2025)

Royal Caribbean Cruises' FCF Margin history spans 16 years, with the latest figure at 2.72% for Q4 2025.

  • For Q4 2025, FCF Margin rose 4924.0% year-over-year to 2.72%; the TTM value through Dec 2025 reached 6.89%, down 522.0%, while the annual FY2025 figure was 6.89%, 522.0% down from the prior year.
  • FCF Margin for Q4 2025 was 2.72% at Royal Caribbean Cruises, up from 19.24% in the prior quarter.
  • Across five years, FCF Margin topped out at 684.09% in Q1 2021 and bottomed at 134.72% in Q4 2022.
  • The 5-year median for FCF Margin is 14.23% (2023), against an average of 61.24%.
  • The largest annual shift saw FCF Margin crashed -52800bps in 2022 before it soared 9113bps in 2023.
  • A 5-year view of FCF Margin shows it stood at 11.32% in 2021, then crashed by -1290bps to 134.72% in 2022, then skyrocketed by 68bps to 43.59% in 2023, then fell by -7bps to 46.52% in 2024, then skyrocketed by 106bps to 2.72% in 2025.
  • Per Business Quant, the three most recent readings for RCL's FCF Margin are 2.72% (Q4 2025), 19.24% (Q3 2025), and 11.55% (Q2 2025).