Royal Caribbean Cruises (RCL) Return on Capital Employed (2010 - 2026)
Royal Caribbean Cruises (RCL) reported Return on Capital Employed of 16.68% for Q1 2026, up 72.0% on a YoY basis from 9.7% in Q1 2025, and down 2.14% sequentially from 17.04% in Q4 2025.
Royal Caribbean Cruises (RCL) Return on Capital Employed (2010 - 2026) Analysis & Trends
Royal Caribbean Cruises (RCL) has 17 years of Return on Capital Employed data on file, last reported at 16.68% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed rose 72.0% year-over-year to 16.68%; the trailing twelve-month figure through Mar 2026 stood at 16.68% (up 72.0% YoY), and the FY2025 full-year result was 17.99%, up 237.0% from the prior year.
- Return on Capital Employed declined to 16.68% in Q1 2026, from 17.04% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 17.04% in Q4 2025 to a low of 15.94% in Q1 2022.
- A 5-year average of 7.53% and a median of 13.29% in 2024 frame the typical range for Return on Capital Employed.
- Across the five-year window, Return on Capital Employed slumped 230 bps in 2022 and soared 2017 bps in 2023, its largest moves.
- Tracing RCL's Return on Capital Employed over 5 years: stood at 3.06% in 2022, then soared by 483 bps to 11.72% in 2023, then increased by 29 bps to 15.07% in 2024, then advanced by 13 bps to 17.04% in 2025, then decreased by 2 bps to 16.68% in 2026.
- Business Quant data shows RCL's Return on Capital Employed at 16.68% in Q1 2026, 17.04% in Q4 2025, and 16.51% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 136.54 Bn | 120.51 Bn | 3.46 Bn | 104.07% |
| 2 | Royal Caribbean Cruises | 86.11 Bn | 85.59 Bn | 2.21 Bn | 16.68% |
| 3 | Airbnb | 82.27 Bn | 70.26 Bn | 2.10 Bn | 31.79% |
| 4 | Yatra Online | 55.46 Bn | 55.47 Bn | 10.44 Mn | -1.24% |
| 5 | Viking Holdings | 44.18 Bn | 40.37 Bn | 713.43 Mn | 54.76% |
| 6 | Carnival | 34.61 Bn | 32.38 Bn | - | 11.61% |
| 7 | Expedia | 31.38 Bn | 28.88 Bn | 3.05 Bn | 35.97% |
| 8 | Norwegian Cruise Line Holdings | 8.54 Bn | 8.35 Bn | 953.34 Mn | 9.40% |
| 9 | MakeMyTrip | 5.02 Bn | 4.60 Bn | 199.14 Mn | 10.65% |
| 10 | Global Business Travel | 4.83 Bn | 4.43 Bn | 490.00 Mn | 2.23% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.68% |
| Dec 31, 2025 | 17.04% |
| Sep 30, 2025 | 16.51% |
| Jun 30, 2025 | 16.53% |
| Mar 31, 2025 | 15.96% |
| Dec 31, 2024 | 15.07% |
| Sep 30, 2024 | 14.80% |
| Jun 30, 2024 | 14.07% |
| Mar 31, 2024 | 13.29% |
| Dec 31, 2023 | 11.72% |
| Sep 30, 2023 | 9.83% |
| Jun 30, 2023 | 5.83% |
| Mar 31, 2023 | 1.53% |
| Dec 31, 2022 | -3.06% |
| Sep 30, 2022 | -7.57% |
| Jun 30, 2022 | -14.34% |
| Mar 31, 2022 | -15.94% |
| Dec 31, 2021 | -15.37% |
| Sep 30, 2021 | -13.80% |
| Jun 30, 2021 | -13.11% |