Royal Caribbean Cruises (RCL) Return on Equity [ROE] (2010 - 2026)
Royal Caribbean Cruises (RCL) posted Return on Equity [ROE] of 40.97% for Q3 2026, down 0.65 percentage points from 41.61% a year earlier and down 2.25 percentage points from the prior quarter.
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Analysis
Royal Caribbean Cruises (RCL) Return on Equity [ROE] (2010 - 2026) Analysis & Trends
For FY2025, Royal Caribbean Cruises' Return on Equity [ROE] came in at 47.73%, up 1.89 percentage points from FY2024.
- Annual Return on Equity [ROE] has increased for four consecutive years, with a five-year change of +102.93 percentage points (FY2020 to FY2025).
- In prior years, Royal Caribbean Cruises' Return on Equity [ROE] was 45.84% in FY2024 (+1.97 pp), 43.87% in FY2023 (+98.07 pp), -54.20% in FY2022 (+21.77 pp) and -75.97% in FY2021 (-20.77 pp).
- The Q3 2026 figure stands as the lowest quarterly Return on Equity [ROE] since Q4 2024.
- On a year-over-year basis, Return on Equity [ROE] increased in five of the last eight quarters, with an average year-over-year change of +1.30 percentage points.
- The strongest year-over-year quarter for Return on Equity [ROE] in the past five years was Q2 2023, with a gain of 119.42 percentage points; the weakest was Q2 2022, with a drop of 60.22 percentage points.
- According to Business Quant data, Return on Equity [ROE] for the three prior quarters was 43.21% (Q2 2026), 44.44% (Q1 2026) and 41.80% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 108.57 Bn | 106.84 Bn | 1.54 Bn | - |
| 2 | Royal Caribbean Cruises | 87.25 Bn | 84.19 Bn | 2.88 Bn | 40.97% |
| 3 | Hilton Worldwide Holdings | 83.02 Bn | 79.75 Bn | 3.05 Bn | - |
| 4 | Carnival | 40.37 Bn | 33.56 Bn | - | 23.08% |
| 5 | Viking Holdings | 38.85 Bn | 23.97 Bn | 996.62 Mn | 99.13% |
| 6 | Trip.com | 29.18 Bn | -15.85 Bn | 1.84 Bn | 14.28% |
| 7 | Intercontinental Hotels | 27.60 Bn | 23.56 Bn | - | - |
| 8 | Hyatt Hotels | 17.33 Bn | 14.74 Bn | 384.00 Mn | 5.39% |
| 9 | H World | 15.68 Bn | 7.08 Bn | 456.00 Mn | 39.28% |
| 10 | U-Haul Holding | 11.03 Bn | 6.68 Bn | 1.75 Bn | 2.20% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 40.97% |
| Jun 30, 2026 | 43.21% |
| Mar 31, 2026 | 44.44% |
| Dec 31, 2025 | 41.80% |
| Sep 30, 2025 | 41.61% |
| Jun 30, 2025 | 41.41% |
| Mar 31, 2025 | 41.17% |
| Dec 31, 2024 | 38.72% |
| Sep 30, 2024 | 39.03% |
| Jun 30, 2024 | 43.66% |
| Mar 31, 2024 | 41.41% |
| Dec 31, 2023 | 35.91% |
| Sep 30, 2023 | 22.75% |
| Jun 30, 2023 | -1.59% |
| Mar 31, 2023 | -35.18% |
| Dec 31, 2022 | -70.99% |
| Sep 30, 2022 | -91.23% |
| Jun 30, 2022 | -121.02% |
| Mar 31, 2022 | -116.69% |
| Dec 31, 2021 | -91.05% |
API Access
Royal Caribbean Cruises Return on Equity [ROE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=RCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "ticker": "RCL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=RCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();