Royal Caribbean Cruises RCL
NYSE RCL
$264.53 -0.66 (-0.25%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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