Royal Caribbean Cruises (RCL) Tax Rate (2025 - 2026)
Royal Caribbean Cruises (RCL) reported Tax Rate of 1.53% for Q3 2026, down 0.58 percentage points from 2.11% a year earlier but up 0.31 percentage points from the prior quarter.
Royal Caribbean Cruises (RCL) Tax Rate (2025 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Royal Caribbean Cruises' Tax Rate came in at 1.76%, up 0.37 percentage points year-over-year; for FY2025, it was 1.88%, up 0.31 percentage points from FY2024.
- By year, Tax Rate came in at 1.56% in FY2024 (+1.21 pp) and 0.35% in FY2023.
- Five-year quarterly Tax Rate spans a low of 1.22% in Q2 2026 and a high of 2.66% in Q1 2026.
- Per Business Quant data, the three quarters before Q3 2026 came in at 1.22% (Q2 2026), 2.66% (Q1 2026) and 1.93% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 109.41 Bn | 107.69 Bn | 1.54 Bn | 25.09% |
| 2 | Royal Caribbean Cruises | 90.03 Bn | 86.97 Bn | 2.88 Bn | 1.53% |
| 3 | Hilton Worldwide Holdings | 83.91 Bn | 80.64 Bn | 3.05 Bn | 25.76% |
| 4 | Carnival | 41.71 Bn | 34.90 Bn | - | 0.83% |
| 5 | Viking Holdings | 38.79 Bn | 23.91 Bn | 996.62 Mn | 1.14% |
| 6 | Trip.com | 28.71 Bn | -16.33 Bn | 1.84 Bn | - |
| 7 | Intercontinental Hotels | 27.85 Bn | 23.82 Bn | - | - |
| 8 | Hyatt Hotels | 17.55 Bn | 14.96 Bn | 384.00 Mn | 22.78% |
| 9 | H World | 15.48 Bn | 6.88 Bn | 456.00 Mn | - |
| 10 | U-Haul Holding | 11.19 Bn | 6.84 Bn | 1.75 Bn | 21.45% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.53% |
| Jun 30, 2026 | 1.22% |
| Mar 31, 2026 | 2.66% |
| Dec 31, 2025 | 1.93% |
| Sep 30, 2025 | 2.11% |
| Jun 30, 2025 | 1.38% |
| Mar 31, 2025 | 2.13% |
Royal Caribbean Cruises Tax Rate 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=tax-rate&ticker=RCL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=RCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();