Royal Caribbean Cruises (RCL) Times Interest Earned (2009 - 2026)

Royal Caribbean Cruises' (RCL) quarterly Times Interest Earned came in at $4.18 in Q1 2026, up 10.14% year-on-year from $3.8 in Q1 2025, and up 19.62% quarter-over-quarter from $3.49 in Q4 2025.

Royal Caribbean Cruises (RCL) Times Interest Earned (2009 - 2026) Analysis & Trends

Royal Caribbean Cruises has disclosed Times Interest Earned across 18 years of filings, most recently posting $4.18 for Q1 2026.

  • Times Interest Earned for Q1 2026 came in at $4.18, up 10.14% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.02 (up 65.25% YoY), and the FY2025 annual result was $4.95, up 91.67% from the prior year.
  • Times Interest Earned came in at $4.18 for Q1 2026 at Royal Caribbean Cruises, up from $3.49 in the prior quarter.
  • In the past five years, Times Interest Earned ranged from a high of $6.86 in Q3 2025 to a low of -$3.09 in Q1 2022.
  • The 5-year median for Times Interest Earned is $2.35 (2024), against an average of $2.35.
  • Across the five-year window, Times Interest Earned surged 5178.31% in 2023 and fell 27.17% in 2024, its largest moves.
  • Royal Caribbean Cruises' Times Interest Earned stood at $0.03 in 2022, then soared by 5178.31% to $1.64 in 2023, then jumped by 42.81% to $2.35 in 2024, then surged by 48.96% to $3.49 in 2025, then increased by 19.62% to $4.18 in 2026.
  • The last three Times Interest Earned figures came in at $4.18 (Q1 2026), $3.49 (Q4 2025), and $6.86 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Times Interest Earned (Qtr)
1 Booking Holdings 131.01 Bn 114.99 Bn 3.46 Bn 5.02
2 Airbnb 79.86 Bn 67.85 Bn 2.10 Bn -
3 Royal Caribbean Cruises 75.60 Bn 75.08 Bn 2.21 Bn 4.18
4 Carnival 37.80 Bn 36.39 Bn - 2.09
5 Expedia 27.88 Bn 22.09 Bn 3.05 Bn 2.26
6 Norwegian Cruise Line Holdings 8.56 Bn 8.38 Bn 953.34 Mn -
7 Global Business Travel 4.79 Bn 4.35 Bn 714.00 Mn 0.11
8 Travel & Leisure 4.51 Bn 4.25 Bn 926.00 Mn 4.82
9 Trip.com 4.42 Bn -788.25 Mn 1.74 Bn -22.75
10 MakeMyTrip 2.12 Bn 1.35 Bn - 2.43

Historic Data

Download Data
DateValue
Mar 31, 2026 4.18
Dec 31, 2025 3.49
Sep 30, 2025 6.86
Jun 30, 2025 5.83
Mar 31, 2025 3.80
Dec 31, 2024 2.35
Sep 30, 2024 2.71
Jun 30, 2024 3.69
Mar 31, 2024 1.77
Dec 31, 2023 1.64
Sep 30, 2023 3.72
Jun 30, 2023 2.17
Mar 31, 2023 0.76
Dec 31, 2022 0.03
Sep 30, 2022 0.85
Jun 30, 2022 -0.72
Mar 31, 2022 -3.09
Dec 31, 2021 -3.63
Sep 30, 2021 -2.34
Jun 30, 2021 -3.36