Royal Caribbean Cruises (RCL) Other Working Capital Changes (2009 - 2026)
Royal Caribbean Cruises (RCL) posted Other Working Capital Changes of $187 million for Q2 2026, up 315.6% from $45 million a year earlier but down 76.9% from the prior quarter.
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Analysis
Royal Caribbean Cruises (RCL) Other Working Capital Changes (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Other Working Capital Changes at Royal Caribbean Cruises was $356 million, up 163.7% year-over-year; for FY2025, it came in at $243 million, up 30.6% from FY2024.
- In prior years, Royal Caribbean Cruises' Other Working Capital Changes was $186 million in FY2024 (-83.7%), $1.14 billion in FY2023 (+13.5%), $1.01 billion in FY2022 (-29.4%) and $1.43 billion in FY2021.
- Quarterly Other Working Capital Changes has run from a low of -$824 million in Q3 2024 to a high of $1.1 billion in Q1 2023 over five years.
- On a year-over-year basis, Other Working Capital Changes increased in three of the last six quarters, with growth averaging 42.3%.
- The strongest year-over-year quarter for Other Working Capital Changes in the past five years was Q1 2022, with growth of 323.8%; the weakest was Q2 2025, with a decline of 78.0%.
- According to Business Quant data, Other Working Capital Changes for the three prior quarters was $809 million (Q1 2026), $135 million (Q4 2025) and -$775 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 103.13 Bn | 101.17 Bn | 1.55 Bn |
| 2 | Hilton Worldwide Holdings | 78.47 Bn | 74.92 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 75.63 Bn | 72.99 Bn | 2.29 Bn |
| 4 | Viking Holdings | 37.26 Bn | 22.38 Bn | 996.62 Mn |
| 5 | Carnival | 36.04 Bn | 29.22 Bn | - |
| 6 | Intercontinental Hotels | 26.07 Bn | 22.04 Bn | - |
| 7 | Trip.com | 26.03 Bn | -18.97 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 16.23 Bn | 13.39 Bn | 388.00 Mn |
| 9 | H World | 14.27 Bn | 5.68 Bn | 453.94 Mn |
| 10 | Norwegian Cruise Line Holdings | 6.99 Bn | 6.22 Bn | 1.05 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.00 Mn |
| Mar 31, 2026 | 32.00 Mn |
| Dec 31, 2025 | 3.00 Mn |
| Sep 30, 2025 | 20.00 Mn |
| Jun 30, 2025 | 28.00 Mn |
| Mar 31, 2025 | -85.00 Mn |
| Dec 31, 2024 | -108.00 Mn |
| Sep 30, 2024 | 14.00 Mn |
| Jun 30, 2024 | 33.00 Mn |
| Mar 31, 2024 | -48.00 Mn |
| Dec 31, 2023 | 31.00 Mn |
| Sep 30, 2023 | -26.00 Mn |
| Jun 30, 2023 | -14.00 Mn |
| Mar 31, 2023 | 16.00 Mn |
| Dec 31, 2022 | 57.37 Mn |
| Sep 30, 2022 | -47.73 Mn |
| Jun 30, 2022 | -46.56 Mn |
| Mar 31, 2022 | -20.09 Mn |
| Dec 31, 2021 | 64.36 Mn |
| Sep 30, 2021 | -109,000.00 |
API Access
Royal Caribbean Cruises Other Working Capital Changes 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=other-working-capital-changes&ticker=RCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=RCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();