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) Retained Earnings (2009 - 2026)

Royal Caribbean Cruises' (RCL) quarterly Retained Earnings came in at $7.2 billion in Q2 2026, up 73.43% year-over-year from $4.1 billion in Q2 2025, and up 11.25% quarter-over-quarter from $6.5 billion in Q1 2026.

Analysis

Royal Caribbean Cruises (RCL) Retained Earnings (2009 - 2026) Analysis & Trends

Royal Caribbean Cruises has disclosed Retained Earnings across 18 years of filings, most recently posting $7.2 billion for Q2 2026.

  • In Q2 2026, Retained Earnings rose 73.43% year-over-year to $7.2 billion; the TTM figure through Jun 2026 stood at $7.2 billion (up 73.43% YoY), while the FY2025 annual figure was $5.9 billion, up 126.84% from the prior year.
  • Retained Earnings came in at $7.2 billion for Q2 2026 at Royal Caribbean Cruises, up from $6.5 billion in the prior quarter.
  • In the past five years, Retained Earnings ranged from a high of $7.2 billion in Q2 2026 to a low of -$1.8 billion in Q1 2023.
  • Average Retained Earnings over 5 years is $1.6 billion, with a median of $293.5 million recorded in 2024.
  • Year-over-year, Retained Earnings sank 172.76% in 2022 and soared 608.75% in 2025.
  • Over 5 years, Retained Earnings stood at -$1.7 billion in 2022, then jumped by 60.52% to -$674.0 million in 2023, then soared by 487.54% to $2.6 billion in 2024, then jumped by 126.84% to $5.9 billion in 2025, then climbed by 21.3% to $7.2 billion in 2026.
  • Per Business Quant data, the three most recent Retained Earnings figures were $7.2 billion in Q2 2026, $6.5 billion in Q1 2026, and $5.9 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Royal Caribbean Cruises 71.23 Bn 70.31 Bn 2.29 Bn 7.19 Bn
2 Viking Holdings 38.98 Bn 34.99 Bn 996.62 Mn -
3 Carnival 32.12 Bn 29.88 Bn - 15.64 Bn
4 Norwegian Cruise Line Holdings 7.08 Bn 6.86 Bn 1.05 Bn -5.24 Bn
5 Lindblad Expeditions Holdings 1.73 Bn 1.37 Bn 96.64 Mn -412.31 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 7.19 Bn
Mar 31, 2026 6.46 Bn
Dec 31, 2025 5.93 Bn
Sep 30, 2025 5.44 Bn
Jun 30, 2025 4.14 Bn
Mar 31, 2025 3.14 Bn
Dec 31, 2024 2.61 Bn
Sep 30, 2024 2.21 Bn
Jun 30, 2024 1.20 Bn
Mar 31, 2024 -617.00 Mn
Dec 31, 2023 -674.00 Mn
Sep 30, 2023 -644.98 Mn
Jun 30, 2023 -1.30 Bn
Mar 31, 2023 -1.76 Bn
Dec 31, 2022 -1.71 Bn
Sep 30, 2022 -1.21 Bn
Jun 30, 2022 -1.24 Bn
Mar 31, 2022 -718.61 Mn
Dec 31, 2021 -710.89 Mn
Sep 30, 2021 1.66 Bn