Royal Caribbean Cruises (RCL) Total Liabilities (2009 - 2026)
Royal Caribbean Cruises (RCL) posted Total Liabilities of $32.9 billion for Q3 2026, up 10.3% from $29.82 billion a year earlier but down 3.8% from the prior quarter.
Royal Caribbean Cruises (RCL) Total Liabilities (2009 - 2026) Analysis & Trends
At the end of FY2025, Royal Caribbean Cruises' Total Liabilities came in at $31.37 billion, up 7.0% from FY2024.
- Annual Total Liabilities shows a five-year compound annual growth rate of 5.8% (FY2020 to FY2025).
- In prior years, Royal Caribbean Cruises' Total Liabilities was $29.34 billion in FY2024 (-3.0%), $30.23 billion in FY2023 (-2.2%), $30.91 billion in FY2022 (+13.7%) and $27.17 billion in FY2021 (+14.6%).
- Quarterly Total Liabilities has run from a low of $27.17 billion in Q4 2021 to a high of $34.18 billion in Q2 2026 over five years.
- On a year-over-year basis, Total Liabilities has increased in each of the last four quarters, with growth averaging 4.2% over the last eight quarters.
- The strongest year-over-year quarter for Total Liabilities in the past five years was Q2 2022, with growth of 18.4%; the weakest was Q3 2023, with a decline of 6.9%.
- According to Business Quant data, Total Liabilities for the three prior quarters was $34.18 billion (Q2 2026), $31.96 billion (Q1 2026) and $31.37 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 108.57 Bn | 106.84 Bn | 1.54 Bn | 33.11 Bn |
| 2 | Royal Caribbean Cruises | 87.25 Bn | 84.19 Bn | 2.88 Bn | 32.90 Bn |
| 3 | Hilton Worldwide Holdings | 83.02 Bn | 79.75 Bn | 3.05 Bn | 23.39 Bn |
| 4 | Carnival | 40.37 Bn | 33.56 Bn | - | 36.76 Bn |
| 5 | Viking Holdings | 38.85 Bn | 23.97 Bn | 996.62 Mn | 12.13 Bn |
| 6 | Trip.com | 29.18 Bn | -15.85 Bn | 1.84 Bn | 14.51 Bn |
| 7 | Intercontinental Hotels | 27.60 Bn | 23.56 Bn | - | 8.21 Bn |
| 8 | Hyatt Hotels | 17.33 Bn | 14.74 Bn | 384.00 Mn | 10.36 Bn |
| 9 | H World | 15.68 Bn | 7.08 Bn | 456.00 Mn | 7.28 Bn |
| 10 | U-Haul Holding | 11.03 Bn | 6.68 Bn | 1.75 Bn | 14.16 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 32.90 Bn |
| Jun 30, 2026 | 34.18 Bn |
| Mar 31, 2026 | 31.96 Bn |
| Dec 31, 2025 | 31.37 Bn |
| Sep 30, 2025 | 29.82 Bn |
| Jun 30, 2025 | 29.18 Bn |
| Mar 31, 2025 | 29.31 Bn |
| Dec 31, 2024 | 29.34 Bn |
| Sep 30, 2024 | 29.84 Bn |
| Jun 30, 2024 | 30.79 Bn |
| Mar 31, 2024 | 29.87 Bn |
| Dec 31, 2023 | 30.23 Bn |
| Sep 30, 2023 | 28.17 Bn |
| Jun 30, 2023 | 29.38 Bn |
| Mar 31, 2023 | 29.85 Bn |
| Dec 31, 2022 | 30.91 Bn |
| Sep 30, 2022 | 30.26 Bn |
| Jun 30, 2022 | 30.55 Bn |
| Mar 31, 2022 | 28.95 Bn |
| Dec 31, 2021 | 27.17 Bn |
Royal Caribbean Cruises Total Liabilities 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=total-liabilities&ticker=RCL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-liabilities", "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=total-liabilities&ticker=RCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();