Royal Caribbean Cruises (RCL) Share-based Compensation (2016 - 2026)
Royal Caribbean Cruises' (RCL) quarterly Share-based Compensation came in at $38.0 million in Q1 2026, down 28.3% year-on-year from $53.0 million in Q1 2025, and down 2.56% quarter-over-quarter from $39.0 million in Q4 2025.
Royal Caribbean Cruises (RCL) Share-based Compensation (2016 - 2026) Analysis & Trends
Royal Caribbean Cruises has disclosed Share-based Compensation across 11 years of filings, most recently posting $38.0 million for Q1 2026.
- Share-based Compensation for Q1 2026 came in at $38.0 million, down 28.3% year-over-year; the trailing twelve-month figure through Mar 2026 was $160.0 million (down 41.82% YoY), and the FY2025 annual result was $175.0 million, down 34.46% from the prior year.
- Share-based Compensation came in at $38.0 million for Q1 2026 at Royal Caribbean Cruises, down from $39.0 million in the prior quarter.
- In the past five years, Share-based Compensation ranged from a high of $158.0 million in Q4 2024 to a low of -$12.7 million in Q2 2022.
- The 5-year median for Share-based Compensation is $38.0 million (2024), against an average of $37.8 million.
- Across the five-year window, Share-based Compensation slumped 175.95% in 2022 and jumped 414.84% in 2023, its largest moves.
- Royal Caribbean Cruises' Share-based Compensation stood at $11.7 million in 2022, then jumped by 301.2% to $47.0 million in 2023, then jumped by 236.17% to $158.0 million in 2024, then plunged by 75.32% to $39.0 million in 2025, then decreased by 2.56% to $38.0 million in 2026.
- The last three Share-based Compensation figures came in at $38.0 million (Q1 2026), $39.0 million (Q4 2025), and $44.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.01 Bn | 114.99 Bn | 3.46 Bn | 141.00 Mn |
| 2 | Airbnb | 79.86 Bn | 67.85 Bn | 2.10 Bn | 410.00 Mn |
| 3 | Royal Caribbean Cruises | 75.60 Bn | 75.08 Bn | 2.21 Bn | 38.00 Mn |
| 4 | Carnival | 37.80 Bn | 36.39 Bn | - | 28.00 Mn |
| 5 | Expedia | 27.88 Bn | 22.09 Bn | 3.05 Bn | 103.00 Mn |
| 6 | Norwegian Cruise Line Holdings | 8.56 Bn | 8.38 Bn | 953.34 Mn | 23.37 Mn |
| 7 | Global Business Travel | 4.79 Bn | 4.35 Bn | 714.00 Mn | 17.00 Mn |
| 8 | Travel & Leisure | 4.51 Bn | 4.25 Bn | 926.00 Mn | 13.00 Mn |
| 9 | Trip.com | 4.42 Bn | -788.25 Mn | 1.74 Bn | - |
| 10 | MakeMyTrip | 2.12 Bn | 1.35 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 38.00 Mn |
| Mar 31, 2026 | 38.00 Mn |
| Dec 31, 2025 | 39.00 Mn |
| Dec 31, 2025 | 39.00 Mn |
| Sep 30, 2025 | 44.00 Mn |
| Sep 30, 2025 | 44.00 Mn |
| Jun 30, 2025 | 39.00 Mn |
| Jun 30, 2025 | 39.00 Mn |
| Mar 31, 2025 | 53.00 Mn |
| Mar 31, 2025 | 53.00 Mn |
| Dec 31, 2024 | 158.00 Mn |
| Dec 31, 2024 | 158.00 Mn |
| Sep 30, 2024 | 26.00 Mn |
| Sep 30, 2024 | 26.00 Mn |
| Jun 30, 2024 | 38.00 Mn |
| Jun 30, 2024 | 38.00 Mn |
| Mar 31, 2024 | 45.00 Mn |
| Mar 31, 2024 | 45.00 Mn |
| Dec 31, 2023 | 47.00 Mn |
| Dec 31, 2023 | 47.00 Mn |