Royal Caribbean Cruises (RCL) Receivables - Net (2009 - 2026)
Royal Caribbean Cruises (RCL) recorded Receivables - Net of $441 million in Q2 2026, up 2.3% from $431 million a year earlier but down 7.9% from the prior quarter.
Royal Caribbean Cruises (RCL) Receivables - Net (2009 - 2026) Analysis & Trends
At the end of FY2025, Royal Caribbean Cruises reported Receivables - Net of $317 million, down 14.6% from FY2024.
- Annual Receivables - Net has declined for three straight years, though with a five-year compound annual growth rate of 2.2% (FY2020 to FY2025).
- Across earlier years, Receivables - Net came in at $371 million in FY2024 (-8.4%), $405 million in FY2023 (-23.7%), $531 million in FY2022 (+30.1%) and $408.07 million in FY2021 (+43.6%).
- Quarterly Receivables - Net has ranged from $317 million in Q4 2025 to $565.01 million in Q2 2022 over the past five years.
- On a year-over-year basis, Receivables - Net rose in four of the last eight quarters, with an average decline of 0.9%.
- Peak year-over-year performance for Receivables - Net in the last five years was growth of 140.4% in Q3 2021, against a decline of 33.6% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $479 million (Q1 2026), $317 million (Q4 2025) and $356 million (Q3 2025).
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 | 441.00 Mn |
| Mar 31, 2026 | 479.00 Mn |
| Dec 31, 2025 | 317.00 Mn |
| Sep 30, 2025 | 356.00 Mn |
| Jun 30, 2025 | 431.00 Mn |
| Mar 31, 2025 | 427.00 Mn |
| Dec 31, 2024 | 371.00 Mn |
| Sep 30, 2024 | 441.00 Mn |
| Jun 30, 2024 | 412.00 Mn |
| Mar 31, 2024 | 455.00 Mn |
| Dec 31, 2023 | 405.00 Mn |
| Sep 30, 2023 | 360.15 Mn |
| Jun 30, 2023 | 375.36 Mn |
| Mar 31, 2023 | 379.18 Mn |
| Dec 31, 2022 | 531.00 Mn |
| Sep 30, 2022 | 534.41 Mn |
| Jun 30, 2022 | 565.01 Mn |
| Mar 31, 2022 | 506.16 Mn |
| Dec 31, 2021 | 408.07 Mn |
| Sep 30, 2021 | 397.23 Mn |
Royal Caribbean Cruises Receivables - 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=receivables-net&ticker=RCL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables-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=receivables-net&ticker=RCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();