Royal Caribbean Cruises (RCL) Non Operating Interest Expenses (2009 - 2026)
Royal Caribbean Cruises' Non Operating Interest Expenses was $236 million in Q2 2026, up 3.5% from $228 million a year earlier but down 15.1% from the prior quarter.
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Analysis
Royal Caribbean Cruises (RCL) Non Operating Interest Expenses (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Royal Caribbean Cruises' Non Operating Interest Expenses was $1.03 billion through Jun 30, 2026, down 23.6% year-over-year; for FY2025, it was $992 million, down 37.6% from FY2024.
- Non Operating Interest Expenses shows a five-year compound annual growth rate of 3.3% (FY2020 to FY2025).
- In earlier years, Non Operating Interest Expenses was $1.59 billion in FY2024 (+13.4%), $1.4 billion in FY2023 (+2.8%), $1.36 billion in FY2022 (+5.6%) and $1.29 billion in FY2021 (+53.0%).
- Quarterly Non Operating Interest Expenses has moved between $228 million (Q2 2025) and $603 million (Q3 2024) over five years.
- Compared with a year earlier, Non Operating Interest Expenses has increased for three straight quarters, with an average decline of 6.8% over the last eight quarters.
- The best year-over-year quarter for Non Operating Interest Expenses over five years was Q3 2024 (growth of 77.4%); the worst was Q3 2025 (a decline of 58.9%).
- Per Business Quant data, RCL's Non Operating Interest Expenses in the three quarters before Q2 2026 was $278 million (Q1 2026), $267 million (Q4 2025) and $248 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn | 221.00 Mn |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | 183.00 Mn |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | 236.00 Mn |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | -82.17 Mn |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | 285.00 Mn |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | - |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | -17.00 Mn |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | 64.00 Mn |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | -9.00 Mn |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn | -227,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 236.00 Mn |
| Mar 31, 2026 | 278.00 Mn |
| Dec 31, 2025 | 267.00 Mn |
| Sep 30, 2025 | 248.00 Mn |
| Jun 30, 2025 | 228.00 Mn |
| Mar 31, 2025 | 249.00 Mn |
| Dec 31, 2024 | 266.00 Mn |
| Sep 30, 2024 | 603.00 Mn |
| Jun 30, 2024 | 298.00 Mn |
| Mar 31, 2024 | 424.00 Mn |
| Dec 31, 2023 | 347.00 Mn |
| Sep 30, 2023 | 340.00 Mn |
| Jun 30, 2023 | 355.00 Mn |
| Mar 31, 2023 | 360.00 Mn |
| Dec 31, 2022 | 431.45 Mn |
| Sep 30, 2022 | 352.19 Mn |
| Jun 30, 2022 | 302.71 Mn |
| Mar 31, 2022 | 277.66 Mn |
| Dec 31, 2021 | 284.01 Mn |
| Sep 30, 2021 | 430.66 Mn |
API Access
Royal Caribbean Cruises Non Operating Interest Expenses 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=non-operating-interest-expenses&ticker=RCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "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=non-operating-interest-expenses&ticker=RCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();