Royal Caribbean Cruises (RCL) Free Cash Flow (2009 - 2026)

Royal Caribbean Cruises has disclosed Free Cash Flow across 18 years of filings, most recently posting $1.7 billion for Q1 2026.

• Free Cash Flow for Q1 2026 came in at $1.7 billion, up 6.56% year-over-year; the trailing twelve-month figure through Mar 2026 was $6.5 billion (up 13.64% YoY), and the FY2025 annual result was $6.4 billion, up 22.52% from the prior year.
• Free Cash Flow came in at $1.7 billion for Q1 2026 at Royal Caribbean Cruises, down from $5.3 billion in the prior quarter.
• In the past five years, Free Cash Flow ranged from a high of $5.3 billion in Q4 2025 to a low of -$2.1 billion in Q4 2022.
• The 5-year median for Free Cash Flow is $1.1 billion (2023), against an average of $911.6 million.
• Across the five-year window, Free Cash Flow plunged 973.95% in 2022 and soared 4603.49% in 2023, its largest moves.
• Royal Caribbean Cruises' Free Cash Flow stood at -$2.1 billion in 2022, then jumped by 151.7% to $1.1 billion in 2023, then soared by 279.45% to $4.1 billion in 2024, then climbed by 27.49% to $5.3 billion in 2025, then sank by 67.97% to $1.7 billion in 2026.
• The last three Free Cash Flow figures came in at $1.7 billion (Q1 2026), $5.3 billion (Q4 2025), and -$989.0 million (Q3 2025), per Business Quant data.