Royal Caribbean Cruises (RCL) Retained Earnings (2009 - 2026)
Royal Caribbean Cruises (RCL) reported Retained Earnings of $6.5 billion for Q1 2026, up 105.8% on a YoY basis from $3.1 billion in Q1 2025, and up 9.03% sequentially from $5.9 billion in Q4 2025.
Royal Caribbean Cruises (RCL) Retained Earnings (2009 - 2026) Analysis & Trends
Royal Caribbean Cruises (RCL) has 18 years of Retained Earnings data on file, last reported at $6.5 billion in Q1 2026.
- For the quarter ending Q1 2026, Retained Earnings rose 105.8% year-over-year to $6.5 billion; the trailing twelve-month figure through Mar 2026 stood at $6.5 billion (up 105.8% YoY), and the FY2025 full-year result was $5.9 billion, up 838.78% from the prior year.
- Retained Earnings grew to $6.5 billion in Q1 2026, from $5.9 billion in the prior quarter.
- In the past five years, Retained Earnings ranged from a high of $6.5 billion in Q1 2026 to a low of -$1.8 billion in Q1 2023.
- A 5-year average of $1.1 billion and a median of -$494.6 million in 2022 frame the typical range for Retained Earnings.
- Across the five-year window, Retained Earnings sank 7920.0% in 2024 and soared 838.78% in 2025, its largest moves.
- Tracing RCL's Retained Earnings over 5 years: stood at -$1.7 billion in 2022, then jumped by 99.41% to -$10.0 million in 2023, then slumped by 7920.0% to -$802.0 million in 2024, then soared by 838.78% to $5.9 billion in 2025, then increased by 9.03% to $6.5 billion in 2026.
- Business Quant data shows RCL's Retained Earnings at $6.5 billion in Q1 2026, $5.9 billion in Q4 2025, and $5.4 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 41.42 Bn |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 6.46 Bn |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | -2.00 Mn |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | -225.33 Mn |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | -4.16 Bn |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 15.64 Bn |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 1.63 Bn |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | -5.46 Bn |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | -2.79 Bn |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | 3.27 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -802.00 Mn |
| Sep 30, 2024 | 2.21 Bn |
| Jun 30, 2024 | 1.20 Bn |
| Mar 31, 2024 | -617.00 Mn |
| Dec 31, 2023 | -10.00 Mn |
| Sep 30, 2023 | -644.98 Mn |
| Jun 30, 2023 | -680.00 Mn |
| 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 | -494.61 Mn |
| Dec 31, 2021 | -710.89 Mn |
| Sep 30, 2021 | 1.66 Bn |
| Jun 30, 2021 | 3.08 Bn |