Royal Caribbean Cruises (RCL) Short term Debt (2009 - 2026)
Royal Caribbean Cruises (RCL) recorded Short term Debt of $1.57 billion in Q2 2026, up 12.2% from $1.4 billion a year earlier and up 8.6% from the prior quarter.
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Analysis
Royal Caribbean Cruises (RCL) Short term Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Royal Caribbean Cruises reported Short term Debt of $3.18 billion, up 98.4% from FY2024.
- Annual Short term Debt has a five-year compound annual growth rate of 27.0% (FY2020 to FY2025).
- Across earlier years, Short term Debt came in at $1.6 billion in FY2024 (-6.8%), $1.72 billion in FY2023 (-17.6%), $2.09 billion in FY2022 (-6.9%) and $2.24 billion in FY2021 (+133.2%).
- Quarterly Short term Debt has ranged from $956.74 million in Q3 2021 to $5.47 billion in Q2 2022 over the past five years.
- On a year-over-year basis, Short term Debt has increased for five consecutive quarters, with growth averaging 19.2% over the last eight quarters.
- Peak year-over-year performance for Short term Debt in the last five years was growth of 463.2% in Q2 2022, against a decline of 68.7% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.45 billion (Q1 2026), $3.18 billion (Q4 2025) and $3.07 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marriott International | 93.50 Bn | 91.55 Bn | 1.55 Bn |
| 2 | Hilton Worldwide Holdings | 72.30 Bn | 68.78 Bn | 3.08 Bn |
| 3 | Royal Caribbean Cruises | 64.91 Bn | 62.49 Bn | 2.29 Bn |
| 4 | Viking Holdings | 35.75 Bn | 20.87 Bn | 996.62 Mn |
| 5 | Carnival | 30.35 Bn | 23.01 Bn | - |
| 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 |
| 9 | H World | 13.30 Bn | 4.22 Bn | - |
| 10 | Atour Lifestyle Holdings | 8.20 Bn | 4.90 Bn | 493.22 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.57 Bn |
| Mar 31, 2026 | 1.45 Bn |
| Dec 31, 2025 | 3.18 Bn |
| Sep 30, 2025 | 3.07 Bn |
| Jun 30, 2025 | 1.40 Bn |
| Mar 31, 2025 | 1.40 Bn |
| Dec 31, 2024 | 1.60 Bn |
| Sep 30, 2024 | 1.87 Bn |
| Jun 30, 2024 | 1.33 Bn |
| Mar 31, 2024 | 1.64 Bn |
| Dec 31, 2023 | 1.72 Bn |
| Sep 30, 2023 | 2.04 Bn |
| Jun 30, 2023 | 1.71 Bn |
| Mar 31, 2023 | 2.06 Bn |
| Dec 31, 2022 | 2.09 Bn |
| Sep 30, 2022 | 3.95 Bn |
| Jun 30, 2022 | 5.47 Bn |
| Mar 31, 2022 | 2.56 Bn |
| Dec 31, 2021 | 2.24 Bn |
| Sep 30, 2021 | 956.74 Mn |
API Access
Royal Caribbean Cruises Short term Debt 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=short-term-debt&ticker=RCL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-debt", "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=short-term-debt&ticker=RCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();