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
DateValue
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