Royal Caribbean Cruises (RCL) FCF Payout Ratio (2012 - 2026)
Royal Caribbean Cruises' (RCL) quarterly FCF Payout Ratio came in at 0.46 in Q2 2026, down 309.6% year-over-year from 0.22 in Q2 2025, and down 327.6% quarter-over-quarter from 0.2 in Q1 2026.
Analysis
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 0.46 for Q2 2026.
- In Q2 2026, FCF Payout Ratio fell 309.6% year-over-year to 0.46; the TTM figure through Jun 2026 stood at 2.76 (down 2279.34% YoY), while the FY2025 annual figure was 0.67, up 1144.24% from the prior year.
- FCF Payout Ratio came in at 0.46 for Q2 2026 at Royal Caribbean Cruises, down from 0.2 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 2.34 in Q4 2025 to a low of 0.46 in Q2 2026.
- Average FCF Payout Ratio over 3 years is 0.33, with a median of 0.12 recorded in 2025.
- Year-over-year, FCF Payout Ratio surged 1905.16% in 2025 and tumbled 309.6% in 2026.
- Over 3 years, FCF Payout Ratio stood at 0.12 in 2024, then soared by 1905.16% to 2.34 in 2025, then sank by 119.65% to 0.46 in 2026.
- Per Business Quant data, the three most recent FCF Payout Ratio figures were 0.46 in Q2 2026, 0.2 in Q1 2026, and 2.34 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (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 | - | 0.12 |
| 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 | -0.46 |
| Mar 31, 2026 | 0.20 |
| Dec 31, 2025 | 2.34 |
| Sep 30, 2025 | -0.21 |
| Jun 30, 2025 | 0.22 |
| Mar 31, 2025 | 0.12 |
| Dec 31, 2024 | 0.12 |
| Jun 30, 2020 | -0.07 |
| Mar 31, 2020 | -0.16 |
| Dec 31, 2019 | -2.22 |
| Sep 30, 2019 | 0.34 |
| Jun 30, 2019 | -0.52 |
| Mar 31, 2019 | 0.24 |
| Dec 31, 2018 | -0.35 |
| Sep 30, 2018 | 0.24 |
| Jun 30, 2018 | 0.25 |
| Mar 31, 2018 | -0.16 |
| Dec 31, 2017 | 0.53 |
| Sep 30, 2017 | 0.15 |
| Jun 30, 2017 | 0.14 |