Royal Caribbean Cruises (RCL) Non-Current Debt (2009 - 2026)
Royal Caribbean Cruises' (RCL) quarterly Non-Current Debt came in at $19.7 billion in Q1 2026, up 9.3% year-on-year from $18.0 billion in Q1 2025, and up 8.26% quarter-over-quarter from $18.2 billion in Q4 2025.
Royal Caribbean Cruises (RCL) Non-Current Debt (2009 - 2026) Analysis & Trends
Royal Caribbean Cruises has disclosed Non-Current Debt across 18 years of filings, most recently posting $19.7 billion for Q1 2026.
- Non-Current Debt for Q1 2026 came in at $19.7 billion, up 9.3% year-over-year; the trailing twelve-month figure through Mar 2026 was $19.7 billion (up 9.3% YoY), and the FY2025 annual result was $18.2 billion, down 1.67% from the prior year.
- Non-Current Debt came in at $19.7 billion for Q1 2026 at Royal Caribbean Cruises, up from $18.2 billion in the prior quarter.
- In the past five years, Non-Current Debt ranged from a high of $21.3 billion in Q4 2022 to a low of $17.2 billion in Q3 2025.
- The 5-year median for Non-Current Debt is $18.9 billion (2024), against an average of $18.9 billion.
- Peak annual rise in Non-Current Debt reached 13.03% in 2022, while the deepest fall reached 11.61% in 2022.
- Royal Caribbean Cruises' Non-Current Debt stood at $21.3 billion in 2022, then retreated by 7.37% to $19.7 billion in 2023, then retreated by 6.38% to $18.5 billion in 2024, then retreated by 1.67% to $18.2 billion in 2025, then rose by 8.26% to $19.7 billion in 2026.
- The last three Non-Current Debt figures came in at $19.7 billion (Q1 2026), $18.2 billion (Q4 2025), and $17.2 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 15.40 Bn |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 2.48 Bn |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 19.67 Bn |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 23.79 Bn |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 4.47 Bn |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 13.98 Bn |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 1.46 Bn |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | - |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | 1.61 Bn |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.67 Bn |
| Mar 31, 2026 | 19.67 Bn |
| Dec 31, 2025 | 18.17 Bn |
| Dec 31, 2025 | 18.17 Bn |
| Sep 30, 2025 | 17.20 Bn |
| Sep 30, 2025 | 17.20 Bn |
| Jun 30, 2025 | 17.61 Bn |
| Jun 30, 2025 | 17.61 Bn |
| Mar 31, 2025 | 17.99 Bn |
| Mar 31, 2025 | 17.99 Bn |
| Dec 31, 2024 | 18.47 Bn |
| Dec 31, 2024 | 18.47 Bn |
| Sep 30, 2024 | 18.97 Bn |
| Sep 30, 2024 | 18.97 Bn |
| Jun 30, 2024 | 19.79 Bn |
| Jun 30, 2024 | 19.79 Bn |
| Mar 31, 2024 | 18.88 Bn |
| Mar 31, 2024 | 18.88 Bn |
| Dec 31, 2023 | 19.73 Bn |
| Dec 31, 2023 | 19.73 Bn |