Royal Caribbean Cruises (RCL) Net Cash Flow (2009 - 2026)
Royal Caribbean Cruises (RCL) reported Net Cash Flow of -$24 million for Q3 2026, compared with -$303 million a year earlier.
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Analysis
Royal Caribbean Cruises (RCL) Net Cash Flow (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Royal Caribbean Cruises' Net Cash Flow came in at $425 million; for FY2025, it came in at $435 million.
- Net Cash Flow has a five-year compound annual growth rate of -33.9% (FY2020 to FY2025).
- By year, Net Cash Flow came in at -$103 million in FY2024, -$1.44 billion in FY2023, -$765 million in FY2022 and -$982 million in FY2021.
- Five-year quarterly Net Cash Flow spans a low of -$734.26 million in Q1 2022 and a high of $398 million in Q4 2025.
- Per Business Quant data, the three quarters before Q3 2026 came in at $363 million (Q2 2026), -$312 million (Q1 2026) and $398 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 108.57 Bn | 106.84 Bn | 1.54 Bn | -9.00 Mn |
| 2 | Royal Caribbean Cruises | 87.25 Bn | 84.19 Bn | 2.88 Bn | -24.00 Mn |
| 3 | Hilton Worldwide Holdings | 83.02 Bn | 79.75 Bn | 3.05 Bn | -233.00 Mn |
| 4 | Carnival | 40.37 Bn | 33.56 Bn | - | -1.02 Bn |
| 5 | Viking Holdings | 38.85 Bn | 23.97 Bn | 996.62 Mn | -55.22 Mn |
| 6 | Trip.com | 29.18 Bn | -15.85 Bn | 1.84 Bn | - |
| 7 | Intercontinental Hotels | 27.60 Bn | 23.56 Bn | - | - |
| 8 | Hyatt Hotels | 17.33 Bn | 14.74 Bn | 384.00 Mn | -81.00 Mn |
| 9 | H World | 15.68 Bn | 7.08 Bn | 456.00 Mn | 298.00 Mn |
| 10 | U-Haul Holding | 11.03 Bn | 6.68 Bn | 1.75 Bn | -99.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -24.00 Mn |
| Jun 30, 2026 | 363.00 Mn |
| Mar 31, 2026 | -312.00 Mn |
| Dec 31, 2025 | 398.00 Mn |
| Sep 30, 2025 | -303.00 Mn |
| Jun 30, 2025 | 344.00 Mn |
| Mar 31, 2025 | -4.00 Mn |
| Dec 31, 2024 | -26.00 Mn |
| Sep 30, 2024 | 27.00 Mn |
| Jun 30, 2024 | -45.00 Mn |
| Mar 31, 2024 | -59.00 Mn |
| Dec 31, 2023 | -105.00 Mn |
| Sep 30, 2023 | -126.00 Mn |
| Jun 30, 2023 | -500.00 Mn |
| Mar 31, 2023 | -708.00 Mn |
| Dec 31, 2022 | 367.79 Mn |
| Sep 30, 2022 | -534.80 Mn |
| Jun 30, 2022 | 136.27 Mn |
| Mar 31, 2022 | -734.26 Mn |
| Dec 31, 2021 | -587.56 Mn |
API Access
Royal Caribbean Cruises Net Cash Flow 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=net-cash-flow&ticker=RCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "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=net-cash-flow&ticker=RCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();