Royal Caribbean Cruises RCL
NYSE RCL
$264.53 -0.66 (-0.25%)
As of: Sep 8, 2026 · 3:59 PM EDT

Royal Caribbean Cruises (RCL) Total Debt (2009 - 2026)

Royal Caribbean Cruises' (RCL) quarterly Total Debt came in at $22.9 billion in Q2 2026, up 19.89% year-over-year from $19.1 billion in Q2 2025, and up 8.17% quarter-over-quarter from $21.1 billion in Q1 2026.

Analysis

Royal Caribbean Cruises (RCL) Total Debt (2009 - 2026) Analysis & Trends

Royal Caribbean Cruises has disclosed Total Debt across 18 years of filings, most recently posting $22.9 billion for Q2 2026.

  • In Q2 2026, Total Debt rose 19.89% year-over-year to $22.9 billion; the TTM figure through Jun 2026 stood at $22.9 billion (up 19.89% YoY), while the FY2025 annual figure was $21.4 billion, up 6.18% from the prior year.
  • Total Debt came in at $22.9 billion for Q2 2026 at Royal Caribbean Cruises, up from $21.1 billion in the prior quarter.
  • In the past five years, Total Debt ranged from a high of $23.5 billion in Q4 2022 to a low of $19.1 billion in Q2 2025.
  • Average Total Debt over 5 years is $21.3 billion, with a median of $21.1 billion recorded in 2024.
  • Year-over-year, Total Debt slipped 14.4% in 2023 and advanced 19.89% in 2026.
  • Over 5 years, Total Debt stood at $23.5 billion in 2022, then dropped by 8.65% to $21.5 billion in 2023, then retreated by 6.15% to $20.2 billion in 2024, then climbed by 6.18% to $21.4 billion in 2025, then rose by 6.73% to $22.9 billion in 2026.
  • Per Business Quant data, the three most recent Total Debt figures were $22.9 billion in Q2 2026, $21.1 billion in Q1 2026, and $21.4 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Royal Caribbean Cruises 71.23 Bn 70.31 Bn 2.29 Bn 22.85 Bn
2 Viking Holdings 38.98 Bn 34.99 Bn 996.62 Mn 5.94 Bn
3 Carnival 32.12 Bn 29.88 Bn - 27.04 Bn
4 Norwegian Cruise Line Holdings 7.08 Bn 6.86 Bn 1.05 Bn 15.03 Bn
5 Lindblad Expeditions Holdings 1.73 Bn 1.37 Bn 96.64 Mn 663.87 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 22.85 Bn
Mar 31, 2026 21.13 Bn
Dec 31, 2025 21.41 Bn
Sep 30, 2025 20.31 Bn
Jun 30, 2025 19.06 Bn
Mar 31, 2025 19.42 Bn
Dec 31, 2024 20.17 Bn
Sep 30, 2024 20.88 Bn
Jun 30, 2024 21.14 Bn
Mar 31, 2024 20.57 Bn
Dec 31, 2023 21.49 Bn
Sep 30, 2023 19.97 Bn
Jun 30, 2023 20.40 Bn
Mar 31, 2023 21.46 Bn
Dec 31, 2022 23.52 Bn
Sep 30, 2022 23.33 Bn
Jun 30, 2022 23.21 Bn
Mar 31, 2022 22.50 Bn
Dec 31, 2021 21.22 Bn
Sep 30, 2021 20.84 Bn