Royal Caribbean Cruises (RCL) FCF Margin (2009 - 2026)

Royal Caribbean Cruises has disclosed FCF Margin across 18 years of filings, most recently posting 37.94% for Q1 2026.

• FCF Margin for Q1 2026 came in at 37.94%, down 170.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 35.33% (up 121.0% YoY), and the FY2025 annual result was 35.65%, up 399.0% from the prior year.
• FCF Margin came in at 37.94% for Q1 2026 at Royal Caribbean Cruises, down from 123.81% in the prior quarter.
• In the past five years, FCF Margin ranged from a high of 123.81% in Q4 2025 to a low of 178.61% in Q1 2022.
• The 5-year median for FCF Margin is 29.13% (2024), against an average of 16.43%.
• Peak annual rise in FCF Margin reached 427436 bps in 2022, while the deepest fall reached 103303 bps in 2022.
• Royal Caribbean Cruises' FCF Margin stood at 80.98% in 2022, then soared by 140 bps to 32.72% in 2023, then surged by 236 bps to 110.0% in 2024, then increased by 13 bps to 123.81% in 2025, then sank by 69 bps to 37.94% in 2026.
• The last three FCF Margin figures came in at 37.94% (Q1 2026), 123.81% (Q4 2025), and 19.24% (Q3 2025), per Business Quant data.