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
DateValue
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%