Royal Caribbean Cruises (RCL) Prepaid Assets (2009 - 2026)
Royal Caribbean Cruises' Prepaid Assets came in at $803 million for Q2 2026, up 2.3% from $785 million a year earlier and up 11.7% from the prior quarter.
Royal Caribbean Cruises (RCL) Prepaid Assets (2009 - 2026) Analysis & Trends
At the end of FY2025, Royal Caribbean Cruises' Prepaid Assets was $690 million, up 3.0% from FY2024.
- Prepaid Assets has increased in each of the last five years, with a five-year compound annual growth rate of 34.9% (FY2020 to FY2025).
- Going back by year, Prepaid Assets was $670 million in FY2024 (+8.6%), $617 million in FY2023 (+35.3%), $456 million in FY2022 (+59.4%) and $286.03 million in FY2021 (+85.3%).
- The Q2 2026 figure represents the highest quarterly Prepaid Assets in data going back to Q4 2009.
- Year-over-year, Prepaid Assets increased in five of the last eight quarters, with growth averaging 5.8%.
- The fastest year-over-year change in Prepaid Assets over five years came in Q2 2022 (growth of 119.1%), and the weakest in Q3 2025 (a decline of 2.2%).
- Business Quant data shows RCL's Prepaid Assets at $719 million (Q1 2026), $690 million (Q4 2025) and $652 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn |
| 9 | H World | 13.30 Bn | 4.22 Bn | - |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 803.00 Mn |
| Mar 31, 2026 | 719.00 Mn |
| Dec 31, 2025 | 690.00 Mn |
| Sep 30, 2025 | 652.00 Mn |
| Jun 30, 2025 | 785.00 Mn |
| Mar 31, 2025 | 723.00 Mn |
| Dec 31, 2024 | 670.00 Mn |
| Sep 30, 2024 | 667.00 Mn |
| Jun 30, 2024 | 790.00 Mn |
| Mar 31, 2024 | 690.00 Mn |
| Dec 31, 2023 | 617.00 Mn |
| Sep 30, 2023 | 508.83 Mn |
| Jun 30, 2023 | 604.62 Mn |
| Mar 31, 2023 | 543.60 Mn |
| Dec 31, 2022 | 456.00 Mn |
| Sep 30, 2022 | 435.71 Mn |
| Jun 30, 2022 | 492.29 Mn |
| Mar 31, 2022 | 344.65 Mn |
| Dec 31, 2021 | 286.03 Mn |
| Sep 30, 2021 | 268.01 Mn |
Royal Caribbean Cruises Prepaid Assets 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=prepaid-assets&ticker=RCL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "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=prepaid-assets&ticker=RCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();