Royal Caribbean Cruises (RCL) Interest Coverage Ratio (2009 - 2026)
Royal Caribbean Cruises' (RCL) quarterly Interest Coverage Ratio came in at 4.18 in Q1 2026, up 10.14% year-on-year from 3.8 in Q1 2025, and up 19.62% quarter-over-quarter from 3.49 in Q4 2025.
Royal Caribbean Cruises (RCL) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Royal Caribbean Cruises has disclosed Interest Coverage Ratio across 18 years of filings, most recently posting 4.18 for Q1 2026.
- Interest Coverage Ratio for Q1 2026 came in at 4.18, up 10.14% year-over-year; the trailing twelve-month figure through Mar 2026 was 5.02 (up 65.25% YoY), and the FY2025 annual result was 4.95, up 91.67% from the prior year.
- Interest Coverage Ratio came in at 4.18 for Q1 2026 at Royal Caribbean Cruises, up from 3.49 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 6.86 in Q3 2025 to a low of 3.09 in Q1 2022.
- The 5-year median for Interest Coverage Ratio is 2.35 (2024), against an average of 2.35.
- Across the five-year window, Interest Coverage Ratio surged 5178.31% in 2023 and fell 27.17% in 2024, its largest moves.
- Royal Caribbean Cruises' Interest Coverage Ratio stood at 0.03 in 2022, then soared by 5178.31% to 1.64 in 2023, then jumped by 42.81% to 2.35 in 2024, then surged by 48.96% to 3.49 in 2025, then increased by 19.62% to 4.18 in 2026.
- The last three Interest Coverage Ratio figures came in at 4.18 (Q1 2026), 3.49 (Q4 2025), and 6.86 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 5.02 |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | - |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 4.18 |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 2.09 |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 2.26 |
| 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 | 0.11 |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 4.82 |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | -22.75 |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | 2.43 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.18 |
| Dec 31, 2025 | 3.49 |
| Sep 30, 2025 | 6.86 |
| Jun 30, 2025 | 5.83 |
| Mar 31, 2025 | 3.80 |
| Dec 31, 2024 | 2.35 |
| Sep 30, 2024 | 2.71 |
| Jun 30, 2024 | 3.69 |
| Mar 31, 2024 | 1.77 |
| Dec 31, 2023 | 1.64 |
| Sep 30, 2023 | 3.72 |
| Jun 30, 2023 | 2.17 |
| Mar 31, 2023 | 0.76 |
| Dec 31, 2022 | 0.03 |
| Sep 30, 2022 | 0.85 |
| Jun 30, 2022 | -0.72 |
| Mar 31, 2022 | -3.09 |
| Dec 31, 2021 | -3.63 |
| Sep 30, 2021 | -2.34 |
| Jun 30, 2021 | -3.36 |