Royal Caribbean Cruises (RCL) Prepaid Assets (2009 - 2026)
Royal Caribbean Cruises' Prepaid Assets came in at $750 million for Q3 2026, up 15.0% from $652 million a year earlier but down 6.6% 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 five-year range for quarterly Prepaid Assets is $286.03 million (Q4 2021) to $803 million (Q2 2026).
- Year-over-year, Prepaid Assets increased in five of the last eight quarters, with growth averaging 3.8%.
- 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 $803 million (Q2 2026), $719 million (Q1 2026) and $690 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 108.97 Bn | 107.24 Bn | 1.54 Bn |
| 2 | Royal Caribbean Cruises | 86.47 Bn | 83.61 Bn | 2.88 Bn |
| 3 | Hilton Worldwide Holdings | 83.23 Bn | 80.00 Bn | 3.05 Bn |
| 4 | Viking Holdings | 39.87 Bn | 25.00 Bn | 996.62 Mn |
| 5 | Carnival | 39.30 Bn | 32.51 Bn | 3.81 Bn |
| 6 | Intercontinental Hotels | 29.61 Bn | 25.58 Bn | - |
| 7 | Trip.com | 28.31 Bn | -16.49 Bn | 1.84 Bn |
| 8 | Hyatt Hotels | 17.65 Bn | 15.38 Bn | 384.00 Mn |
| 9 | H World | 15.48 Bn | 6.90 Bn | 456.00 Mn |
| 10 | U-Haul Holding | 10.73 Bn | 6.38 Bn | 1.75 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 750.00 Mn |
| 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 |
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();