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Royal Caribbean Cruises (RCL) Operating Leases (2019 - 2025)

Royal Caribbean Cruises (RCL) has disclosed Operating Leases for 7 consecutive years, with $849.0 million as the latest value for Q4 2025.

  • Quarterly Operating Leases fell 1.39% to $849.0 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $849.0 million through Dec 2025, down 1.39% year-over-year, with the annual reading at $849.0 million for FY2025, 1.39% down from the prior year.
  • Operating Leases hit $849.0 million in Q4 2025 for Royal Caribbean Cruises, up from $613.0 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $861.0 million in Q4 2024 to a low of $517.3 million in Q3 2023.
  • Historically, Operating Leases has averaged $612.3 million across 5 years, with a median of $603.0 million in 2022.
  • Biggest five-year swings in Operating Leases: tumbled 39.23% in 2021 and later surged 40.46% in 2024.
  • Year by year, Operating Leases stood at $534.7 million in 2021, then increased by 12.77% to $603.0 million in 2022, then increased by 1.66% to $613.0 million in 2023, then soared by 40.46% to $861.0 million in 2024, then dropped by 1.39% to $849.0 million in 2025.
  • Business Quant data shows Operating Leases for RCL at $849.0 million in Q4 2025, $613.0 million in Q3 2025, and $639.0 million in Q2 2025.