Growth Metrics

Royal Caribbean Cruises (RCL) Total Debt (2016 - 2025)

Royal Caribbean Cruises' Total Debt history spans 16 years, with the latest figure at $18.2 billion for Q4 2025.

  • For Q4 2025, Total Debt fell 1.78% year-over-year to $18.2 billion; the TTM value through Dec 2025 reached $18.2 billion, down 1.78%, while the annual FY2025 figure was $18.2 billion, 1.78% down from the prior year.
  • Total Debt for Q4 2025 was $18.2 billion at Royal Caribbean Cruises, up from $17.2 billion in the prior quarter.
  • Across five years, Total Debt topped out at $21.5 billion in Q4 2023 and bottomed at $17.2 billion in Q3 2025.
  • The 5-year median for Total Debt is $19.2 billion (2022), against an average of $19.3 billion.
  • The largest annual shift saw Total Debt increased 12.96% in 2022 before it decreased 13.47% in 2024.
  • A 5-year view of Total Debt shows it stood at $19.0 billion in 2021, then grew by 12.96% to $21.4 billion in 2022, then increased by 0.08% to $21.5 billion in 2023, then dropped by 13.47% to $18.6 billion in 2024, then decreased by 1.78% to $18.2 billion in 2025.
  • Per Business Quant, the three most recent readings for RCL's Total Debt are $18.2 billion (Q4 2025), $17.2 billion (Q3 2025), and $17.7 billion (Q2 2025).