Royal Caribbean Cruises (RCL) Minority Interest (2018 - 2026)
Royal Caribbean Cruises' (RCL) quarterly Minority Interest came in at $225.0 million in Q2 2026, up 17.8% year-over-year from $191.0 million in Q2 2025, and up 3.21% quarter-over-quarter from $218.0 million in Q1 2026.
Analysis
Royal Caribbean Cruises (RCL) Minority Interest (2018 - 2026) Analysis & Trends
Royal Caribbean Cruises has disclosed Minority Interest across 7 years of filings, most recently posting $225.0 million for Q2 2026.
- In Q2 2026, Minority Interest rose 17.8% year-over-year to $225.0 million; the TTM figure through Jun 2026 stood at $225.0 million (up 17.8% YoY), while the FY2025 annual figure was $208.0 million, up 20.93% from the prior year.
- Minority Interest came in at $225.0 million for Q2 2026 at Royal Caribbean Cruises, up from $218.0 million in the prior quarter.
- In the past five years, Minority Interest ranged from a high of $225.0 million in Q2 2026 to a low of $172.0 million in Q4 2024.
- Average Minority Interest over 4 years is $187.0 million, with a median of $178.2 million recorded in 2023.
- Year-over-year, Minority Interest retreated 1.94% in 2024 and grew 20.93% in 2025.
- Over 4 years, Minority Interest stood at $175.0 million in 2023, then decreased by 1.71% to $172.0 million in 2024, then gained by 20.93% to $208.0 million in 2025, then grew by 8.17% to $225.0 million in 2026.
- Per Business Quant data, the three most recent Minority Interest figures were $225.0 million in Q2 2026, $218.0 million in Q1 2026, and $208.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Royal Caribbean Cruises | 71.23 Bn | 70.31 Bn | 2.29 Bn |
| 2 | Viking Holdings | 38.98 Bn | 34.99 Bn | 996.62 Mn |
| 3 | Carnival | 32.12 Bn | 29.88 Bn | - |
| 4 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.86 Bn | 1.05 Bn |
| 5 | Lindblad Expeditions Holdings | 1.73 Bn | 1.37 Bn | 96.64 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 225.00 Mn |
| Mar 31, 2026 | 218.00 Mn |
| Dec 31, 2025 | 208.00 Mn |
| Sep 30, 2025 | 196.00 Mn |
| Jun 30, 2025 | 191.00 Mn |
| Mar 31, 2025 | 182.00 Mn |
| Dec 31, 2024 | 172.00 Mn |
| Sep 30, 2024 | 179.00 Mn |
| Jun 30, 2024 | 174.00 Mn |
| Mar 31, 2024 | 174.00 Mn |
| Dec 31, 2023 | 175.00 Mn |
| Sep 30, 2023 | 173.21 Mn |
| Jun 30, 2023 | 177.43 Mn |
| Mar 31, 2023 | 173.80 Mn |
| Jun 30, 2020 | 584.87 Mn |
| Mar 31, 2020 | 577.43 Mn |
| Dec 31, 2019 | 569.98 Mn |
| Sep 30, 2019 | 563.39 Mn |
| Jun 30, 2019 | 556.77 Mn |
| Mar 31, 2019 | 549.65 Mn |