Royal Caribbean Cruises (RCL) Interest Paid (2009 - 2026)
Royal Caribbean Cruises (RCL) reported Interest Paid of $308 million for Q3 2026, up 15.8% from $266 million a year earlier and up 177.5% from the prior quarter.
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Analysis
Royal Caribbean Cruises (RCL) Interest Paid (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Royal Caribbean Cruises' Interest Paid came in at $894 million, down 2.9% year-over-year; for FY2025, it came in at $864 million, down 28.6% from FY2024.
- Interest Paid has a five-year compound annual growth rate of 15.6% (FY2020 to FY2025).
- By year, Interest Paid came in at $1.21 billion in FY2024 (-16.1%), $1.44 billion in FY2023 (+50.2%), $960 million in FY2022 (+15.1%) and $834 million in FY2021 (+99.4%).
- Five-year quarterly Interest Paid spans a low of $111 million in Q2 2026 and a high of $504 million in Q3 2023.
- Year over year, Interest Paid gained in two of the last eight quarters, with an average decline of 19.5%.
- The high point for year-over-year Interest Paid in five years was Q4 2023 (growth of 82.3%); the low point was Q4 2024 (a decline of 43.9%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $111 million (Q2 2026), $320 million (Q1 2026) and $155 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Paid (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 109.41 Bn | 107.68 Bn | 1.54 Bn | - |
| 2 | Royal Caribbean Cruises | 89.13 Bn | 86.27 Bn | 2.88 Bn | 308.00 Mn |
| 3 | Hilton Worldwide Holdings | 84.01 Bn | 80.77 Bn | 3.05 Bn | - |
| 4 | Carnival | 42.11 Bn | 35.32 Bn | - | - |
| 5 | Viking Holdings | 41.10 Bn | 26.23 Bn | 996.62 Mn | 243.18 Mn |
| 6 | Intercontinental Hotels | 28.99 Bn | 24.96 Bn | - | - |
| 7 | Trip.com | 27.73 Bn | -17.07 Bn | 1.84 Bn | - |
| 8 | Hyatt Hotels | 17.88 Bn | 15.61 Bn | 384.00 Mn | 55.00 Mn |
| 9 | H World | 15.43 Bn | 6.85 Bn | 456.00 Mn | - |
| 10 | U-Haul Holding | 11.92 Bn | 7.43 Bn | 1.64 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 308.00 Mn |
| Jun 30, 2026 | 111.00 Mn |
| Mar 31, 2026 | 320.00 Mn |
| Dec 31, 2025 | 155.00 Mn |
| Sep 30, 2025 | 266.00 Mn |
| Jun 30, 2025 | 164.00 Mn |
| Mar 31, 2025 | 279.00 Mn |
| Dec 31, 2024 | 212.00 Mn |
| Sep 30, 2024 | 377.00 Mn |
| Jun 30, 2024 | 210.00 Mn |
| Mar 31, 2024 | 411.00 Mn |
| Dec 31, 2023 | 378.00 Mn |
| Sep 30, 2023 | 504.00 Mn |
| Jun 30, 2023 | 171.00 Mn |
| Mar 31, 2023 | 389.00 Mn |
| Dec 31, 2022 | 207.38 Mn |
| Sep 30, 2022 | 327.50 Mn |
| Jun 30, 2022 | 199.35 Mn |
| Mar 31, 2022 | 225.77 Mn |
| Dec 31, 2021 | 203.26 Mn |
API Access
Royal Caribbean Cruises Interest Paid 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=interest-paid&ticker=RCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-paid", "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=interest-paid&ticker=RCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();