Royal Caribbean Cruises (RCL) Total Non-Current Liabilities (2009 - 2026)
Royal Caribbean Cruises' Total Non-Current Liabilities was $33.53 billion in Q2 2026, up 16.3% from $28.82 billion a year earlier and up 7.0% from the prior quarter.
Royal Caribbean Cruises (RCL) Total Non-Current Liabilities (2009 - 2026) Analysis & Trends
At the end of FY2025, Total Non-Current Liabilities at Royal Caribbean Cruises came in at $3.85 billion, up 16.6% from FY2024.
- Total Non-Current Liabilities shows a five-year compound annual growth rate of 0.4% (FY2020 to FY2025).
- In earlier years, Total Non-Current Liabilities was $3.3 billion in FY2024 (+13.5%), $2.91 billion in FY2023 (-14.0%), $3.38 billion in FY2022 (-12.4%) and $3.86 billion in FY2021 (+2.4%).
- The Q2 2026 figure marks the highest quarterly Total Non-Current Liabilities in data going back to Q4 2009.
- Compared with a year earlier, Total Non-Current Liabilities has increased for four straight quarters, with growth averaging 6.8% over the last eight quarters.
- The best year-over-year quarter for Total Non-Current Liabilities over five years was Q2 2022 (growth of 18.7%); the worst was Q4 2023 (a decline of 14.0%).
- Per Business Quant data, RCL's Total Non-Current Liabilities in the three quarters before Q2 2026 was $31.33 billion (Q1 2026), $3.85 billion (Q4 2025) and $29.29 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 103.13 Bn | 101.17 Bn | 1.55 Bn | 31.37 Bn |
| 2 | Hilton Worldwide Holdings | 78.47 Bn | 74.92 Bn | 3.08 Bn | 22.23 Bn |
| 3 | Royal Caribbean Cruises | 75.63 Bn | 72.99 Bn | 2.29 Bn | 33.53 Bn |
| 4 | Viking Holdings | 37.26 Bn | 22.38 Bn | 996.62 Mn | 6.04 Bn |
| 5 | Carnival | 36.04 Bn | 29.22 Bn | - | 35.43 Bn |
| 6 | Intercontinental Hotels | 26.07 Bn | 22.04 Bn | - | -5.38 Bn |
| 7 | Trip.com | 26.03 Bn | -18.97 Bn | 1.84 Bn | 14.41 Bn |
| 8 | Hyatt Hotels | 16.23 Bn | 13.39 Bn | 388.00 Mn | 8.30 Bn |
| 9 | H World | 14.27 Bn | 5.68 Bn | 453.94 Mn | 6.96 Bn |
| 10 | Norwegian Cruise Line Holdings | 6.99 Bn | 6.22 Bn | 1.05 Bn | 20.21 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.53 Bn |
| Mar 31, 2026 | 31.33 Bn |
| Dec 31, 2025 | 30.82 Bn |
| Sep 30, 2025 | 29.29 Bn |
| Jun 30, 2025 | 28.74 Bn |
| Mar 31, 2025 | 28.95 Bn |
| Dec 31, 2024 | 28.96 Bn |
| Sep 30, 2024 | 29.25 Bn |
| Jun 30, 2024 | 30.27 Bn |
| Mar 31, 2024 | 29.38 Bn |
| Dec 31, 2023 | 29.75 Bn |
| Sep 30, 2023 | 27.68 Bn |
| Jun 30, 2023 | 28.89 Bn |
| Mar 31, 2023 | 29.36 Bn |
| Dec 31, 2022 | 30.40 Bn |
| Sep 30, 2022 | 29.72 Bn |
| Jun 30, 2022 | 30.03 Bn |
| Mar 31, 2022 | 28.47 Bn |
| Dec 31, 2021 | 26.47 Bn |
| Sep 30, 2021 | 25.67 Bn |
Royal Caribbean Cruises Total Non-Current 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-non-current-liabilities&ticker=RCL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-non-current-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-non-current-liabilities&ticker=RCL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();