Royal Caribbean Cruises (RCL) Non-Current Debt (2009 - 2026)
Royal Caribbean Cruises' (RCL) quarterly Non-Current Debt came in at $21.3 billion in Q2 2026, up 20.73% year-over-year from $17.6 billion in Q2 2025, and up 8.12% quarter-over-quarter from $19.7 billion in Q1 2026.
Analysis
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 $21.3 billion for Q2 2026.
- In Q2 2026, Non-Current Debt rose 20.73% year-over-year to $21.3 billion; the TTM figure through Jun 2026 stood at $21.3 billion (up 20.73% YoY), while the FY2025 annual figure was $18.2 billion, down 1.67% from the prior year.
- Non-Current Debt came in at $21.3 billion for Q2 2026 at Royal Caribbean Cruises, up from $19.7 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.
- Average Non-Current Debt over 5 years is $19.0 billion, with a median of $18.9 billion recorded in 2024.
- Year-over-year, Non-Current Debt decreased 11.61% in 2022 and advanced 20.73% in 2026.
- Over 5 years, 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 increased by 17.05% to $21.3 billion in 2026.
- Per Business Quant data, the three most recent Non-Current Debt figures were $21.3 billion in Q2 2026, $19.7 billion in Q1 2026, and $18.2 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Royal Caribbean Cruises | 71.23 Bn | 70.31 Bn | 2.29 Bn | 21.26 Bn |
| 2 | Viking Holdings | 38.98 Bn | 34.99 Bn | 996.62 Mn | 5.74 Bn |
| 3 | Carnival | 32.12 Bn | 29.88 Bn | - | 25.57 Bn |
| 4 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.86 Bn | 1.05 Bn | 13.89 Bn |
| 5 | Lindblad Expeditions Holdings | 1.73 Bn | 1.37 Bn | 96.64 Mn | 663.87 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.26 Bn |
| 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 | 19.38 Bn |
| Jun 30, 2022 | 17.75 Bn |
| Mar 31, 2022 | 19.94 Bn |
| Dec 31, 2021 | 18.85 Bn |
| Sep 30, 2021 | 19.88 Bn |