Royal Caribbean Cruises (RCL) Payout Ratio (2012 - 2026)
Royal Caribbean Cruises' (RCL) quarterly Payout Ratio came in at 0.36 in Q2 2026, up 116.05% year-over-year from 0.16 in Q2 2025, and up 25.13% quarter-over-quarter from 0.28 in Q1 2026.
Analysis
Royal Caribbean Cruises (RCL) Payout Ratio (2012 - 2026) Analysis & Trends
Royal Caribbean Cruises has disclosed Payout Ratio across 12 years of filings, most recently posting 0.36 for Q2 2026.
- In Q2 2026, Payout Ratio rose 116.05% year-over-year to 0.36; the TTM figure through Jun 2026 stood at 0.27 (up 100.59% YoY), while the FY2025 annual figure was 0.19, up 419.56% from the prior year.
- Payout Ratio came in at 0.36 for Q2 2026 at Royal Caribbean Cruises, up from 0.28 in the prior quarter.
- In the past five years, Payout Ratio ranged from a high of 0.4 in Q4 2025 to a low of 0.14 in Q3 2025.
- Average Payout Ratio over 3 years is 0.26, with a median of 0.28 recorded in 2026.
- Year-over-year, Payout Ratio surged 36.36% in 2025 and jumped 116.05% in 2026.
- Over 3 years, Payout Ratio stood at 0.3 in 2024, then soared by 36.36% to 0.4 in 2025, then retreated by 12.01% to 0.36 in 2026.
- Per Business Quant data, the three most recent Payout Ratio figures were 0.36 in Q2 2026, 0.28 in Q1 2026, and 0.4 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Royal Caribbean Cruises | 71.23 Bn | 70.31 Bn | 2.29 Bn |
| 2 | Viking Holdings | 38.98 Bn | 34.99 Bn | 996.62 Mn |
| 3 | Carnival | 32.12 Bn | 29.88 Bn | - |
| 4 | Norwegian Cruise Line Holdings | 7.08 Bn | 6.86 Bn | 1.05 Bn |
| 5 | Lindblad Expeditions Holdings | 1.73 Bn | 1.37 Bn | 96.64 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.36 |
| Mar 31, 2026 | 0.28 |
| Dec 31, 2025 | 0.40 |
| Sep 30, 2025 | 0.14 |
| Jun 30, 2025 | 0.16 |
| Mar 31, 2025 | 0.20 |
| Dec 31, 2024 | 0.30 |
| Jun 30, 2020 | -0.11 |
| Mar 31, 2020 | -0.12 |
| Dec 31, 2019 | 0.78 |
| Sep 30, 2019 | 0.18 |
| Jun 30, 2019 | 0.31 |
| Mar 31, 2019 | 0.64 |
| Dec 31, 2018 | 0.54 |
| Sep 30, 2018 | 0.18 |
| Jun 30, 2018 | 0.33 |
| Mar 31, 2018 | 0.60 |
| Dec 31, 2017 | 0.51 |
| Sep 30, 2017 | 0.15 |
| Jun 30, 2017 | 0.30 |