Royal Caribbean Cruises (RCL) Gains from Equity Investments (2016 - 2026)
Royal Caribbean Cruises (RCL) posted Gains from Equity Investments of $176 million for Q3 2026, up 11.4% from $158 million a year earlier and up 162.7% from the prior quarter.
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Analysis
Royal Caribbean Cruises (RCL) Gains from Equity Investments (2016 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Gains from Equity Investments at Royal Caribbean Cruises was $428 million, up 15.7% year-over-year; for FY2025, it was $414 million, up 59.2% from FY2024.
- Annual Gains from Equity Investments has increased for three consecutive years.
- In prior years, Royal Caribbean Cruises' Gains from Equity Investments was $260 million in FY2024 (+30.0%), $200 million in FY2023 (+250.9%), $57 million in FY2022 and -$135 million in FY2021.
- The Q3 2026 figure stands as the highest quarterly Gains from Equity Investments in data going back to Q1 2016.
- On a year-over-year basis, Gains from Equity Investments increased in seven of the last eight quarters, with growth averaging 36.9%.
- The strongest year-over-year quarter for Gains from Equity Investments in the past five years was Q1 2024, with growth of 105.0%; the weakest was Q2 2026, with a decline of 37.4%.
- According to Business Quant data, Gains from Equity Investments for the three prior quarters was $67 million (Q2 2026), $84 million (Q1 2026) and $101 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 109.19 Bn | 107.46 Bn | 1.54 Bn |
| 2 | Royal Caribbean Cruises | 90.11 Bn | 87.04 Bn | 2.88 Bn |
| 3 | Hilton Worldwide Holdings | 83.81 Bn | 80.55 Bn | 3.05 Bn |
| 4 | Carnival | 41.75 Bn | 34.93 Bn | - |
| 5 | Viking Holdings | 39.06 Bn | 24.19 Bn | 996.62 Mn |
| 6 | Trip.com | 28.80 Bn | -16.23 Bn | 1.84 Bn |
| 7 | Intercontinental Hotels | 27.92 Bn | 23.89 Bn | - |
| 8 | Hyatt Hotels | 17.61 Bn | 15.02 Bn | 384.00 Mn |
| 9 | H World | 15.50 Bn | 6.90 Bn | 456.00 Mn |
| 10 | U-Haul Holding | 11.19 Bn | 6.83 Bn | 1.75 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 176.00 Mn |
| Jun 30, 2026 | 67.00 Mn |
| Mar 31, 2026 | 84.00 Mn |
| Dec 31, 2025 | 101.00 Mn |
| Sep 30, 2025 | 158.00 Mn |
| Jun 30, 2025 | 107.00 Mn |
| Mar 31, 2025 | 48.00 Mn |
| Dec 31, 2024 | 57.00 Mn |
| Sep 30, 2024 | 106.00 Mn |
| Jun 30, 2024 | 56.00 Mn |
| Mar 31, 2024 | 41.00 Mn |
| Dec 31, 2023 | 51.00 Mn |
| Sep 30, 2023 | 87.00 Mn |
| Jun 30, 2023 | 42.00 Mn |
| Mar 31, 2023 | 20.00 Mn |
| Dec 31, 2022 | 27.24 Mn |
| Sep 30, 2022 | 74.00 Mn |
| Jun 30, 2022 | -13.18 Mn |
| Mar 31, 2022 | -31.06 Mn |
| Dec 31, 2021 | 2.04 Mn |
API Access
Royal Caribbean Cruises Gains from Equity Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gains-from-equity-investments&ticker=RCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gains-from-equity-investments", "ticker": "RCL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gains-from-equity-investments&ticker=RCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();