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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |