Royal Caribbean Cruises RCL
NYSE RCL
$264.53 -0.66 (-0.25%)
As of: Sep 8, 2026 · 3:59 PM EDT

Royal Caribbean Cruises (RCL) Invested Capital (2009 - 2026)

Royal Caribbean Cruises' (RCL) quarterly Invested Capital came in at $33.3 billion in Q2 2026, up 17.21% year-over-year from $28.4 billion in Q2 2025, and up 6.93% quarter-over-quarter from $31.2 billion in Q1 2026.

Analysis

Royal Caribbean Cruises (RCL) Invested Capital (2009 - 2026) Analysis & Trends

Royal Caribbean Cruises has disclosed Invested Capital across 18 years of filings, most recently posting $33.3 billion for Q2 2026.

  • In Q2 2026, Invested Capital rose 17.21% year-over-year to $33.3 billion; the TTM figure through Jun 2026 stood at $33.3 billion (up 17.21% YoY), while the FY2025 annual figure was $31.7 billion, up 13.46% from the prior year.
  • Invested Capital came in at $33.3 billion for Q2 2026 at Royal Caribbean Cruises, up from $31.2 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $33.3 billion in Q2 2026 to a low of $23.9 billion in Q2 2023.
  • Average Invested Capital over 5 years is $27.6 billion, with a median of $27.0 billion recorded in 2022.
  • Year-over-year, Invested Capital decreased 12.01% in 2022 and gained 17.21% in 2026.
  • Over 5 years, Invested Capital stood at $26.4 billion in 2022, then retreated by 0.02% to $26.4 billion in 2023, then grew by 5.74% to $27.9 billion in 2024, then increased by 13.46% to $31.7 billion in 2025, then rose by 5.23% to $33.3 billion in 2026.
  • Per Business Quant data, the three most recent Invested Capital figures were $33.3 billion in Q2 2026, $31.2 billion in Q1 2026, and $31.7 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Royal Caribbean Cruises 71.23 Bn 70.31 Bn 2.29 Bn 33.31 Bn
2 Viking Holdings 38.98 Bn 34.99 Bn 996.62 Mn 7.60 Bn
3 Carnival 32.12 Bn 29.88 Bn - 40.03 Bn
4 Norwegian Cruise Line Holdings 7.08 Bn 6.86 Bn 1.05 Bn 17.61 Bn
5 Lindblad Expeditions Holdings 1.73 Bn 1.37 Bn 96.64 Mn 468.03 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 33.31 Bn
Mar 31, 2026 31.15 Bn
Dec 31, 2025 31.66 Bn
Sep 30, 2025 30.60 Bn
Jun 30, 2025 28.42 Bn
Mar 31, 2025 27.57 Bn
Dec 31, 2024 27.90 Bn
Sep 30, 2024 28.11 Bn
Jun 30, 2024 27.32 Bn
Mar 31, 2024 25.89 Bn
Dec 31, 2023 26.39 Bn
Sep 30, 2023 24.57 Bn
Jun 30, 2023 23.94 Bn
Mar 31, 2023 24.49 Bn
Dec 31, 2022 26.39 Bn
Sep 30, 2022 26.53 Bn
Jun 30, 2022 26.61 Bn
Mar 31, 2022 26.49 Bn
Dec 31, 2021 26.30 Bn
Sep 30, 2021 27.31 Bn