Royal Caribbean Cruises (RCL) Interest Coverage Ratio (2009 - 2026)
Royal Caribbean Cruises (RCL) posted Interest Coverage Ratio of 5.54 for Q2 2026, up 52.51% sequentially from 3.63 in Q1 2026, and down 4.99% YoY from 5.83 in Q2 2025.
Royal Caribbean Cruises (RCL) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Royal Caribbean Cruises has reported Interest Coverage Ratio for 18 years, with the latest figure at 5.54 in Q2 2026.
- Quarterly Interest Coverage Ratio fell 4.99% year-over-year to 5.54 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 4.77 (up 44.69% YoY) and the FY2025 annual result came in at 3.42, up 32.5% from the prior year.
- Interest Coverage Ratio grew to 5.54 in Q2 2026 per RCL's latest filing, from 3.63 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 6.86 in Q3 2025 and troughed at 3.09 in Q1 2022.
- A 5-year average of 2.42 and a median of 2.53 in 2024 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2022 and 2024: Interest Coverage Ratio plunged 91.75% in 2022, then surged 518.84% in 2024.
- Over 5 years, Interest Coverage Ratio stood at 0.49 in 2022, then soared by 244.74% to 1.69 in 2023, then jumped by 39.11% to 2.35 in 2024, then jumped by 48.96% to 3.49 in 2025, then surged by 58.49% to 5.54 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 5.54, 3.63, and 3.49 for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 159.34 Bn | 142.12 Bn | 4.98 Bn | 8.28 |
| 2 | Airbnb | 108.60 Bn | 96.53 Bn | 2.98 Bn | 3.97 |
| 3 | Royal Caribbean Cruises | 81.57 Bn | 80.88 Bn | 2.29 Bn | 5.54 |
| 4 | Viking Holdings | 44.18 Bn | 40.38 Bn | 713.43 Mn | 10.00 |
| 5 | Carnival | 38.51 Bn | 36.29 Bn | - | 1.25 |
| 6 | Expedia | 38.08 Bn | 30.96 Bn | 3.91 Bn | 13.11 |
| 7 | Trip.com | 29.19 Bn | 17.73 Bn | 1.86 Bn | -33.50 |
| 8 | Norwegian Cruise Line Holdings | 8.73 Bn | 8.51 Bn | 1.05 Bn | 15.97 |
| 9 | MakeMyTrip | 5.85 Bn | 5.09 Bn | 212.91 Mn | 1.25 |
| 10 | Global Business Travel | 4.94 Bn | 4.47 Bn | 514.00 Mn | 0.75 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.54 |
| Mar 31, 2026 | 3.63 |
| Dec 31, 2025 | 3.49 |
| Sep 30, 2025 | 6.86 |
| Jun 30, 2025 | 5.83 |
| Mar 31, 2025 | 3.39 |
| Dec 31, 2024 | 2.35 |
| Sep 30, 2024 | 2.71 |
| Jun 30, 2024 | 3.69 |
| Mar 31, 2024 | 1.77 |
| Dec 31, 2023 | 1.69 |
| Sep 30, 2023 | 3.72 |
| Jun 30, 2023 | 0.60 |
| Mar 31, 2023 | 0.70 |
| Dec 31, 2022 | 0.49 |
| Sep 30, 2022 | 0.85 |
| Jun 30, 2022 | -0.72 |
| Mar 31, 2022 | -3.09 |
| Dec 31, 2021 | 5.93 |
| Sep 30, 2021 | -2.34 |