Royal Caribbean Cruises (RCL) Notes Payables (2009 - 2026)
Royal Caribbean Cruises (RCL) reported Notes Payables of $12.0 million for Q1 2026, down 65.71% on a YoY basis from $35.0 million in Q1 2025, and down 82.09% sequentially from $67.0 million in Q4 2025.
Royal Caribbean Cruises (RCL) Notes Payables (2009 - 2026) Analysis & Trends
Royal Caribbean Cruises (RCL) has 18 years of Notes Payables data on file, last reported at $12.0 million in Q1 2026.
- For the quarter ending Q1 2026, Notes Payables fell 65.71% year-over-year to $12.0 million; the trailing twelve-month figure through Mar 2026 stood at $12.0 million (down 65.71% YoY), and the FY2025 full-year result was $67.0 million, down 25.56% from the prior year.
- Notes Payables fell to $12.0 million in Q1 2026, from $67.0 million in the prior quarter.
- In the past five years, Notes Payables ranged from a high of $131.0 million in Q4 2022 to a low of $12.0 million in Q1 2026.
- A 5-year average of $51.1 million and a median of $44.0 million in 2024 frame the typical range for Notes Payables.
- Across the five-year window, Notes Payables tumbled 73.28% in 2023 and surged 157.14% in 2024, its largest moves.
- Tracing RCL's Notes Payables over 5 years: stood at $131.0 million in 2022, then plunged by 73.28% to $35.0 million in 2023, then surged by 157.14% to $90.0 million in 2024, then decreased by 25.56% to $67.0 million in 2025, then plunged by 82.09% to $12.0 million in 2026.
- Business Quant data shows RCL's Notes Payables at $12.0 million in Q1 2026, $67.0 million in Q4 2025, and $31.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.00 Mn |
| Dec 31, 2025 | 67.00 Mn |
| Sep 30, 2025 | 31.00 Mn |
| Jun 30, 2025 | 48.00 Mn |
| Mar 31, 2025 | 35.00 Mn |
| Dec 31, 2024 | 90.00 Mn |
| Sep 30, 2024 | 44.00 Mn |
| Jun 30, 2024 | 22.00 Mn |
| Mar 31, 2024 | 47.00 Mn |
| Dec 31, 2023 | 35.00 Mn |
| Dec 31, 2022 | 131.00 Mn |
| Dec 31, 2021 | 127.24 Mn |
| Dec 31, 2020 | 409.32 Mn |
| Sep 30, 2020 | 386.68 Mn |
| Jun 30, 2020 | 368.95 Mn |
| Mar 31, 2020 | 343.56 Mn |
| Dec 31, 2019 | 1.43 Bn |
| Sep 30, 2019 | 922.20 Mn |
| Jun 30, 2019 | 1.05 Bn |
| Mar 31, 2019 | 1.11 Bn |