Royal Caribbean Cruises (RCL) Interest Expenses (2009 - 2026)
Royal Caribbean Cruises (RCL) reported Interest Expenses of $320.0 million for Q1 2026, up 14.7% on a YoY basis from $279.0 million in Q1 2025, and up 19.85% sequentially from $267.0 million in Q4 2025.
Royal Caribbean Cruises (RCL) Interest Expenses (2009 - 2026) Analysis & Trends
Royal Caribbean Cruises (RCL) has 18 years of Interest Expenses data on file, last reported at $320.0 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses rose 14.7% year-over-year to $320.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.1 billion (down 22.96% YoY), and the FY2025 full-year result was $992.0 million, down 37.61% from the prior year.
- Interest Expenses rose to $320.0 million in Q1 2026, from $267.0 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $1.3 billion in Q2 2023 to a low of $248.0 million in Q3 2025.
- A 5-year average of $424.1 million and a median of $340.0 million in 2023 frame the typical range for Interest Expenses.
- Across the five-year window, Interest Expenses jumped 327.4% in 2023 and sank 76.97% in 2024, its largest moves.
- Tracing RCL's Interest Expenses over 5 years: stood at $431.4 million in 2022, then slipped by 19.57% to $347.0 million in 2023, then declined by 23.34% to $266.0 million in 2024, then grew by 0.38% to $267.0 million in 2025, then gained by 19.85% to $320.0 million in 2026.
- Business Quant data shows RCL's Interest Expenses at $320.0 million in Q1 2026, $267.0 million in Q4 2025, and $248.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 272.00 Mn |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 320.00 Mn |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 166.00 Mn |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | -471,000.00 |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | -84.94 Mn |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 681.00 Mn |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 198.00 Mn |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | 4.05 Mn |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | 16.59 Mn |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | 27.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 320.00 Mn |
| Mar 31, 2026 | 320.00 Mn |
| Dec 31, 2025 | 267.00 Mn |
| Dec 31, 2025 | 267.00 Mn |
| Sep 30, 2025 | 248.00 Mn |
| Sep 30, 2025 | 248.00 Mn |
| Jun 30, 2025 | 771.00 Mn |
| Jun 30, 2025 | 771.00 Mn |
| Mar 31, 2025 | 279.00 Mn |
| Mar 31, 2025 | 279.00 Mn |
| Dec 31, 2024 | 266.00 Mn |
| Dec 31, 2024 | 266.00 Mn |
| Sep 30, 2024 | 603.00 Mn |
| Sep 30, 2024 | 603.00 Mn |
| Jun 30, 2024 | 298.00 Mn |
| Jun 30, 2024 | 298.00 Mn |
| Mar 31, 2024 | 424.00 Mn |
| Mar 31, 2024 | 424.00 Mn |
| Dec 31, 2023 | 347.00 Mn |
| Dec 31, 2023 | 347.00 Mn |