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

Royal Caribbean Cruises' Operating Leases history spans 6 years, with the latest figure at $613.0 million for Q3 2025.

  • For Q3 2025, Operating Leases fell 14.39% year-over-year to $613.0 million; the TTM value through Sep 2025 reached $613.0 million, down 14.39%, while the annual FY2024 figure was $744.0 million, 21.37% up from the prior year.
  • Operating Leases for Q3 2025 was $613.0 million at Royal Caribbean Cruises, down from $639.0 million in the prior quarter.
  • Across five years, Operating Leases topped out at $954.0 million in Q4 2022 and bottomed at $537.6 million in Q2 2023.
  • The 5-year median for Operating Leases is $618.4 million (2021), against an average of $647.0 million.
  • The largest annual shift saw Operating Leases soared 58.04% in 2022 before it plummeted 35.74% in 2023.
  • A 5-year view of Operating Leases shows it stood at $603.6 million in 2021, then surged by 58.04% to $954.0 million in 2022, then crashed by 35.74% to $613.0 million in 2023, then rose by 21.37% to $744.0 million in 2024, then dropped by 17.61% to $613.0 million in 2025.
  • Per Business Quant, the three most recent readings for RCL's Operating Leases are $613.0 million (Q3 2025), $639.0 million (Q2 2025), and $730.0 million (Q1 2025).