Royal Caribbean Cruises (RCL) FCF Payout Ratio (2012 - 2026)
Royal Caribbean Cruises' (RCL) quarterly FCF Payout Ratio came in at 0.16 in Q1 2026, up 71.2% year-on-year from 0.09 in Q1 2025, and up 209.9% quarter-over-quarter from 0.05 in Q4 2025.
Royal Caribbean Cruises (RCL) FCF Payout Ratio (2012 - 2026) Analysis & Trends
Royal Caribbean Cruises has disclosed FCF Payout Ratio across 12 years of filings, most recently posting 0.16 for Q1 2026.
- FCF Payout Ratio for Q1 2026 came in at 0.16, up 71.2% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.15 (up 226.44% YoY), and the FY2025 annual result was 0.13, up 528.55% from the prior year.
- FCF Payout Ratio came in at 0.16 for Q1 2026 at Royal Caribbean Cruises, up from 0.05 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 0.38 in Q2 2025 to a low of 0.21 in Q3 2025.
- The 3-year median for FCF Payout Ratio is 0.07 (2025), against an average of 0.08.
- Across the five-year window, FCF Payout Ratio jumped 99.39% in 2025 and surged 71.2% in 2026, its largest moves.
- Royal Caribbean Cruises' FCF Payout Ratio stood at 0.03 in 2024, then jumped by 99.39% to 0.05 in 2025, then jumped by 209.9% to 0.16 in 2026.
- The last three FCF Payout Ratio figures came in at 0.16 (Q1 2026), 0.05 (Q4 2025), and 0.21 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 0.11 |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | - |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 0.16 |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 0.30 |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 0.02 |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | - |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | - |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 2.00 |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | - |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.16 |
| Dec 31, 2025 | 0.05 |
| Sep 30, 2025 | -0.21 |
| Jun 30, 2025 | 0.38 |
| Mar 31, 2025 | 0.09 |
| Dec 31, 2024 | 0.03 |
| Jun 30, 2020 | -0.05 |
| Mar 31, 2020 | 0.96 |
| Dec 31, 2019 | 0.06 |
| Sep 30, 2019 | 0.34 |
| Jun 30, 2019 | -0.20 |
| Mar 31, 2019 | 0.14 |
| Dec 31, 2018 | 0.05 |
| Sep 30, 2018 | 0.24 |
| Jun 30, 2018 | 0.25 |
| Mar 31, 2018 | -0.16 |
| Dec 31, 2017 | 0.19 |
| Sep 30, 2017 | 0.15 |
| Jun 30, 2017 | 0.14 |
| Mar 31, 2017 | 0.15 |