Royal Caribbean Cruises (RCL) Share-based Compensation (2016 - 2026)
Royal Caribbean Cruises (RCL) posted Share-based Compensation of $30 million for Q2 2026, down 23.1% from $39 million a year earlier and down 21.1% from the prior quarter.
Royal Caribbean Cruises (RCL) Share-based Compensation (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Share-based Compensation at Royal Caribbean Cruises was $151 million, down 45.3% year-over-year; for FY2025, it was $175 million, down 34.5% from FY2024.
- Annual Share-based Compensation shows a five-year compound annual growth rate of 34.5% (FY2020 to FY2025).
- In prior years, Royal Caribbean Cruises' Share-based Compensation was $267 million in FY2024 (+111.9%), $126 million in FY2023 (+250.0%), $36 million in FY2022 (-43.8%) and $64 million in FY2021 (+60.9%).
- The Q2 2026 figure stands as the lowest quarterly Share-based Compensation since Q3 2024.
- On a year-over-year basis, Share-based Compensation has declined in each of the last three quarters, with growth averaging 37.4% over the last eight quarters.
- The strongest year-over-year quarter for Share-based Compensation in the past five years was Q4 2023, with growth of 301.2%; the weakest was Q4 2025, with a decline of 75.3%.
- According to Business Quant data, Share-based Compensation for the three prior quarters was $38 million (Q1 2026), $39 million (Q4 2025) and $44 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn | 66.00 Mn |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn | 61.00 Mn |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn | 30.00 Mn |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn | 19.35 Mn |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - | 22.00 Mn |
| 6 | Intercontinental Hotels | 26.52 Bn | 22.08 Bn | - | - |
| 7 | Trip.com | 25.92 Bn | -19.63 Bn | 1.84 Bn | - |
| 8 | Hyatt Hotels | 15.20 Bn | 12.68 Bn | 388.00 Mn | 17.00 Mn |
| 9 | H World | 13.30 Bn | 4.22 Bn | - | 26.00 Mn |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.00 Mn |
| Mar 31, 2026 | 38.00 Mn |
| Dec 31, 2025 | 39.00 Mn |
| Sep 30, 2025 | 44.00 Mn |
| Jun 30, 2025 | 39.00 Mn |
| Mar 31, 2025 | 53.00 Mn |
| Dec 31, 2024 | 158.00 Mn |
| Sep 30, 2024 | 26.00 Mn |
| Jun 30, 2024 | 38.00 Mn |
| Mar 31, 2024 | 45.00 Mn |
| Dec 31, 2023 | 47.00 Mn |
| Sep 30, 2023 | 13.00 Mn |
| Jun 30, 2023 | 40.00 Mn |
| Mar 31, 2023 | 26.00 Mn |
| Dec 31, 2022 | 11.72 Mn |
| Sep 30, 2022 | 14.15 Mn |
| Jun 30, 2022 | -12.71 Mn |
| Mar 31, 2022 | 22.84 Mn |
| Dec 31, 2021 | 8.57 Mn |
| Sep 30, 2021 | 19.87 Mn |
Royal Caribbean Cruises Share-based Compensation 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=share-based-compensation&ticker=RCL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "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=share-based-compensation&ticker=RCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();