Royal Caribbean Cruises (RCL) Payables (2009 - 2026)
Royal Caribbean Cruises (RCL) reported Payables of $1.09 billion for Q2 2026, up 14.0% from $959 million a year earlier and up 8.2% from the prior quarter.
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Analysis
Royal Caribbean Cruises (RCL) Payables (2009 - 2026) Analysis & Trends
At the end of FY2025, Royal Caribbean Cruises posted Payables of $953 million, up 3.7% from FY2024.
- Payables has increased for four consecutive years, with a five-year compound annual growth rate of 4.6% (FY2020 to FY2025).
- By year, Payables came in at $919 million in FY2024 (+16.0%), $792 million in FY2023 (+22.4%), $647 million in FY2022 (+18.5%) and $545.98 million in FY2021 (-28.4%).
- The Q2 2026 figure ranks as the highest quarterly Payables since Q1 2020.
- Year over year, Payables has now increased in each of the last three quarters, with growth averaging 10.2% over the last eight quarters.
- The high point for year-over-year Payables in five years was Q2 2022 (growth of 97.8%); the low point was Q3 2021 (a decline of 42.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.01 billion (Q1 2026), $953 million (Q4 2025) and $828 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn | 819.00 Mn |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | 2.31 Bn |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | 1.09 Bn |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | 327.44 Mn |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | 1.25 Bn |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | -1.82 Bn |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | 2.93 Bn |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | 530.00 Mn |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | 286.52 Mn |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn | 185.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.09 Bn |
| Mar 31, 2026 | 1.01 Bn |
| Dec 31, 2025 | 953.00 Mn |
| Sep 30, 2025 | 828.00 Mn |
| Jun 30, 2025 | 959.00 Mn |
| Mar 31, 2025 | 956.00 Mn |
| Dec 31, 2024 | 919.00 Mn |
| Sep 30, 2024 | 851.00 Mn |
| Jun 30, 2024 | 821.00 Mn |
| Mar 31, 2024 | 876.00 Mn |
| Dec 31, 2023 | 792.00 Mn |
| Sep 30, 2023 | 715.39 Mn |
| Jun 30, 2023 | 692.01 Mn |
| Mar 31, 2023 | 714.84 Mn |
| Dec 31, 2022 | 647.00 Mn |
| Sep 30, 2022 | 623.57 Mn |
| Jun 30, 2022 | 760.86 Mn |
| Mar 31, 2022 | 668.16 Mn |
| Dec 31, 2021 | 545.98 Mn |
| Sep 30, 2021 | 461.41 Mn |
API Access
Royal Caribbean Cruises Payables 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=payables&ticker=RCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=RCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();