Royal Caribbean Cruises (RCL) Non-Current Debt (2009 - 2026)

Royal Caribbean Cruises (RCL) reported Non-Current Debt of $19.7 billion for Q1 2026, up 9.3% on a YoY basis from $18.0 billion in Q1 2025, and up 8.26% sequentially from $18.2 billion in Q4 2025.

Royal Caribbean Cruises (RCL) Non-Current Debt (2009 - 2026) Analysis & Trends

Royal Caribbean Cruises (RCL) has 18 years of Non-Current Debt data on file, last reported at $19.7 billion in Q1 2026.

  • For the quarter ending Q1 2026, Non-Current Debt rose 9.3% year-over-year to $19.7 billion; the trailing twelve-month figure through Mar 2026 stood at $19.7 billion (up 9.3% YoY), and the FY2025 full-year result was $18.2 billion, down 1.67% from the prior year.
  • Non-Current Debt rose to $19.7 billion in Q1 2026, 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 $600.0 million in Q3 2022.
  • A 5-year average of $17.8 billion and a median of $18.7 billion in 2023 frame the typical range for Non-Current Debt.
  • Across the five-year window, Non-Current Debt sank 96.98% in 2022 and soared 2887.49% in 2023, its largest moves.
  • Tracing RCL's Non-Current Debt over 5 years: stood at $21.3 billion in 2022, then fell by 7.37% to $19.7 billion in 2023, then fell by 6.38% to $18.5 billion in 2024, then fell by 1.67% to $18.2 billion in 2025, then increased by 8.26% to $19.7 billion in 2026.
  • Business Quant data shows RCL's Non-Current Debt at $19.7 billion in Q1 2026, $18.2 billion in Q4 2025, and $17.2 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 Booking Holdings 136.54 Bn 120.51 Bn 3.46 Bn 15.40 Bn
2 Royal Caribbean Cruises 86.11 Bn 85.59 Bn 2.21 Bn 19.67 Bn
3 Airbnb 82.27 Bn 70.26 Bn 2.10 Bn 2.48 Bn
4 Yatra Online 55.46 Bn 55.47 Bn 10.44 Mn 733,820.74
5 Viking Holdings 44.18 Bn 40.37 Bn 713.43 Mn 5.13 Bn
6 Carnival 34.61 Bn 32.38 Bn - 23.42 Bn
7 Expedia 31.38 Bn 28.88 Bn 3.05 Bn 4.47 Bn
8 Norwegian Cruise Line Holdings 8.54 Bn 8.35 Bn 953.34 Mn 13.98 Bn
9 MakeMyTrip 5.02 Bn 4.60 Bn 199.14 Mn -
10 Global Business Travel 4.83 Bn 4.43 Bn 490.00 Mn 1.46 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 19.67 Bn
Dec 31, 2025 18.17 Bn
Sep 30, 2025 17.20 Bn
Jun 30, 2025 17.61 Bn
Mar 31, 2025 17.99 Bn
Dec 31, 2024 18.47 Bn
Sep 30, 2024 18.97 Bn
Jun 30, 2024 19.79 Bn
Mar 31, 2024 18.88 Bn
Dec 31, 2023 19.73 Bn
Sep 30, 2023 17.92 Bn
Jun 30, 2023 18.69 Bn
Mar 31, 2023 19.40 Bn
Dec 31, 2022 21.30 Bn
Sep 30, 2022 600.00 Mn
Jun 30, 2022 17.75 Bn
Mar 31, 2022 19.94 Bn
Dec 31, 2021 18.85 Bn
Sep 30, 2021 19.88 Bn
Jun 30, 2021 20.08 Bn