Royal Caribbean Cruises (RCL) Property, Plant & Equipment (Net) (2009 - 2026)
Royal Caribbean Cruises' Property, Plant & Equipment (Net) was $38.25 billion in Q2 2026, up 18.2% from $32.35 billion a year earlier and up 6.6% from the prior quarter.
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Analysis
Royal Caribbean Cruises (RCL) Property, Plant & Equipment (Net) (2009 - 2026) Analysis & Trends
At the end of FY2025, Property, Plant & Equipment (Net) at Royal Caribbean Cruises came in at $35.7 billion, up 12.1% from FY2024.
- Property, Plant & Equipment (Net) has now increased for five consecutive years, with a five-year compound annual growth rate of 7.2% (FY2020 to FY2025).
- In earlier years, Property, Plant & Equipment (Net) was $31.83 billion in FY2024 (+5.7%), $30.11 billion in FY2023 (+9.3%), $27.55 billion in FY2022 (+6.3%) and $25.91 billion in FY2021 (+2.6%).
- The Q2 2026 figure marks the highest quarterly Property, Plant & Equipment (Net) in data going back to Q4 2009.
- Compared with a year earlier, Property, Plant & Equipment (Net) has increased for 21 straight quarters, with growth averaging 10.0% over the last eight quarters.
- Across the past five years, year-over-year growth in Property, Plant & Equipment (Net) ran from 0.6% in Q3 2023 to 18.2% in Q2 2026.
- Per Business Quant data, RCL's Property, Plant & Equipment (Net) in the three quarters before Q2 2026 was $35.88 billion (Q1 2026), $35.7 billion (Q4 2025) and $34.62 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn | 1.84 Bn |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | 656.00 Mn |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | 38.25 Bn |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | 8.39 Bn |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | 43.62 Bn |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | 144.00 Mn |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | - |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | 1.55 Bn |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | 735.00 Mn |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn | 30.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 38.25 Bn |
| Mar 31, 2026 | 35.88 Bn |
| Dec 31, 2025 | 35.70 Bn |
| Sep 30, 2025 | 34.62 Bn |
| Jun 30, 2025 | 32.35 Bn |
| Mar 31, 2025 | 31.90 Bn |
| Dec 31, 2024 | 31.83 Bn |
| Sep 30, 2024 | 31.71 Bn |
| Jun 30, 2024 | 31.76 Bn |
| Mar 31, 2024 | 30.03 Bn |
| Dec 31, 2023 | 30.11 Bn |
| Sep 30, 2023 | 27.85 Bn |
| Jun 30, 2023 | 27.94 Bn |
| Mar 31, 2023 | 27.47 Bn |
| Dec 31, 2022 | 27.55 Bn |
| Sep 30, 2022 | 27.69 Bn |
| Jun 30, 2022 | 27.56 Bn |
| Mar 31, 2022 | 26.94 Bn |
| Dec 31, 2021 | 25.91 Bn |
| Sep 30, 2021 | 25.70 Bn |
API Access
Royal Caribbean Cruises Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=RCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=RCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();