Royal Caribbean Cruises (RCL) Interest Coverage Ratio (2009 - 2026)
Royal Caribbean Cruises (RCL) reported Interest Coverage Ratio of 3.63 for Q1 2026, up 7.21% on a YoY basis from 3.39 in Q1 2025, and up 3.92% sequentially from 3.49 in Q4 2025.
Royal Caribbean Cruises (RCL) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Royal Caribbean Cruises (RCL) has 18 years of Interest Coverage Ratio data on file, last reported at 3.63 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio rose 7.21% year-over-year to 3.63; the trailing twelve-month figure through Mar 2026 stood at 4.6 (up 54.66% YoY), and the FY2025 full-year result was 4.95, up 91.67% from the prior year.
- Interest Coverage Ratio climbed to 3.63 in Q1 2026, 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.
- A 5-year average of 1.96 and a median of 1.77 in 2024 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio surged 5178.31% in 2023 and tumbled 53.26% in 2025, its largest moves.
- Tracing RCL's Interest Coverage Ratio over 5 years: stood at 0.03 in 2022, then surged by 5178.31% to 1.64 in 2023, then soared by 42.81% to 2.35 in 2024, then jumped by 48.96% to 3.49 in 2025, then advanced by 3.92% to 3.63 in 2026.
- Business Quant data shows RCL's Interest Coverage Ratio at 3.63 in Q1 2026, 3.49 in Q4 2025, and 6.86 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 4.67 |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 3.63 |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 0.52 |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | 4.85 |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | -12.55 |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 1.25 |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 1.27 |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | 57.59 |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | 2.43 |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | 0.11 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.63 |
| Dec 31, 2025 | 3.49 |
| Sep 30, 2025 | 6.86 |
| Jun 30, 2025 | 1.72 |
| 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 | 1.64 |
| Sep 30, 2023 | 3.72 |
| Jun 30, 2023 | 0.60 |
| Mar 31, 2023 | 0.70 |
| Dec 31, 2022 | 0.03 |
| Sep 30, 2022 | 0.85 |
| Jun 30, 2022 | -0.72 |
| Mar 31, 2022 | -3.09 |
| Dec 31, 2021 | -1.56 |
| Sep 30, 2021 | -2.34 |
| Jun 30, 2021 | -3.36 |