Growth Metrics

Royal Caribbean Cruises (RCL) Invested Capital (2016 - 2025)

Royal Caribbean Cruises (RCL) has disclosed Invested Capital for 17 consecutive years, with $10.3 billion as the latest value for Q4 2025.

  • Quarterly Invested Capital rose 12.5% to $10.3 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $10.3 billion through Dec 2025, up 12.5% year-over-year, with the annual reading at $10.3 billion for FY2025, 12.5% up from the prior year.
  • Invested Capital hit $10.3 billion in Q4 2025 for Royal Caribbean Cruises, roughly flat from $10.3 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $15.5 billion in Q1 2021 to a low of $3.0 billion in Q4 2022.
  • Historically, Invested Capital has averaged $7.4 billion across 5 years, with a median of $6.8 billion in 2023.
  • Biggest five-year swings in Invested Capital: crashed 70.02% in 2022 and later skyrocketed 120.63% in 2023.
  • Year by year, Invested Capital stood at $5.7 billion in 2021, then plummeted by 47.71% to $3.0 billion in 2022, then surged by 120.63% to $6.6 billion in 2023, then soared by 38.48% to $9.2 billion in 2024, then rose by 12.5% to $10.3 billion in 2025.
  • Business Quant data shows Invested Capital for RCL at $10.3 billion in Q4 2025, $10.3 billion in Q3 2025, and $9.4 billion in Q2 2025.