Royal Caribbean Cruises (RCL) FCF Payout Ratio (2012 - 2026)
Royal Caribbean Cruises (RCL) posted FCF Payout Ratio of 0.46 for Q2 2026, down 327.6% sequentially from 0.2 in Q1 2026, and down 309.6% YoY from 0.22 in Q2 2025.
Royal Caribbean Cruises (RCL) FCF Payout Ratio (2012 - 2026) Analysis & Trends
Royal Caribbean Cruises has reported FCF Payout Ratio for 12 years, with the latest figure at 0.46 in Q2 2026.
- Quarterly FCF Payout Ratio fell 309.6% year-over-year to 0.46 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 2.76 (down 2279.34% YoY) and the FY2025 annual result came in at 0.67, up 1144.24% from the prior year.
- FCF Payout Ratio slipped to 0.46 in Q2 2026 per RCL's latest filing, from 0.2 in the prior quarter.
- Over five years, FCF Payout Ratio peaked at 2.34 in Q4 2025 and troughed at 0.46 in Q2 2026.
- A 3-year average of 0.33 and a median of 0.12 in 2025 frame the typical range for FCF Payout Ratio.
- The sharpest annual moves came in 2025 and 2026: FCF Payout Ratio soared 1905.16% in 2025, then plunged 309.6% in 2026.
- Over 3 years, FCF Payout Ratio stood at 0.12 in 2024, then surged by 1905.16% to 2.34 in 2025, then tumbled by 119.65% to 0.46 in 2026.
- According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.46, 0.2, and 2.34 for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 158.46 Bn | 141.25 Bn | 4.98 Bn | 0.09 |
| 2 | Airbnb | 106.78 Bn | 94.71 Bn | 2.98 Bn | - |
| 3 | Royal Caribbean Cruises | 80.66 Bn | 79.74 Bn | 2.29 Bn | -0.46 |
| 4 | Viking Holdings | 44.63 Bn | 40.83 Bn | 713.43 Mn | - |
| 5 | Expedia | 38.98 Bn | 31.85 Bn | 3.91 Bn | 0.05 |
| 6 | Carnival | 38.25 Bn | 36.01 Bn | - | 0.12 |
| 7 | Trip.com | 29.13 Bn | 17.43 Bn | 1.86 Bn | - |
| 8 | Norwegian Cruise Line Holdings | 8.43 Bn | 8.21 Bn | 1.05 Bn | - |
| 9 | MakeMyTrip | 5.84 Bn | 5.06 Bn | 212.91 Mn | - |
| 10 | Global Business Travel | 4.86 Bn | 4.34 Bn | 514.00 Mn | - |
Historic Data
Download 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 |