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) FCF Margin (2009 - 2026)

Royal Caribbean Cruises' (RCL) quarterly FCF Margin came in at 18.15% in Q2 2026, down 3820.0% year-over-year from 0.49% in Q2 2025, and down 160.57% quarter-over-quarter from 29.96% in Q1 2026.

Analysis

Royal Caribbean Cruises (RCL) FCF Margin (2009 - 2026) Analysis & Trends

Royal Caribbean Cruises has disclosed FCF Margin across 18 years of filings, most recently posting 18.15% for Q2 2026.

  • In Q2 2026, FCF Margin fell 3820.0% year-over-year to 18.15%; the TTM figure through Jun 2026 stood at 2.23% (down 2310.0% YoY), while the FY2025 annual figure was 6.89%, down 522.0% from the prior year.
  • FCF Margin came in at 18.15% for Q2 2026 at Royal Caribbean Cruises, down from 29.96% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 36.66% in Q1 2023 to a low of 178.61% in Q1 2022.
  • Average FCF Margin over 5 years is 4.34%, with a median of 10.3% recorded in 2023.
  • Year-over-year, FCF Margin soared 427436 bps in 2022 and sank 5930 bps in 2023.
  • Over 5 years, FCF Margin stood at 15.71% in 2022, then sank by 377 bps to 43.59% in 2023, then soared by 156 bps to 24.34% in 2024, then sank by 89 bps to 2.72% in 2025, then tumbled by 766 bps to 18.15% in 2026.
  • Per Business Quant data, the three most recent FCF Margin figures were 18.15% in Q2 2026, 29.96% in Q1 2026, and 2.72% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Royal Caribbean Cruises 71.23 Bn 70.31 Bn 2.29 Bn -18.15%
2 Viking Holdings 38.98 Bn 34.99 Bn 996.62 Mn 51.36%
3 Carnival 32.12 Bn 29.88 Bn - 26.34%
4 Norwegian Cruise Line Holdings 7.08 Bn 6.86 Bn 1.05 Bn 5.49%
5 Lindblad Expeditions Holdings 1.73 Bn 1.37 Bn 96.64 Mn 25.62%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -18.15%
Mar 31, 2026 29.96%
Dec 31, 2025 2.72%
Sep 30, 2025 -19.24%
Jun 30, 2025 20.05%
Mar 31, 2025 29.98%
Dec 31, 2024 24.34%
Sep 30, 2024 11.52%
Jun 30, 2024 -13.80%
Mar 31, 2024 29.13%
Dec 31, 2023 -43.59%
Sep 30, 2023 9.09%
Jun 30, 2023 16.92%
Mar 31, 2023 36.66%
Dec 31, 2022 15.71%
Sep 30, 2022 -9.02%
Jun 30, 2022 -21.79%
Mar 31, 2022 -178.61%
Dec 31, 2021 -79.52%
Sep 30, 2021 -168.79%