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RCLRoyal Caribbean Cruises Ltd.

Free Cash Flow CAGR:-35.02%(TTM)

Over longer horizons, Free Cash Flow CAGR averages 23.84% over 3 years and 11.57% over 5 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Free cash flow CAGR measures how the company's cash generation has grown. FCF represents the cash available for dividends, buybacks, debt reduction, or reinvestment.

RCL Free Cash Flow CAGR Chart

Royal Caribbean Cruises Ltd. (RCL)

RCL Quarterly Free Cash Flow Growth (YoY)

Free Cash Flow growth vs the same quarter one year earlier, last 20 quarters.

RCL Free Cash Flow CAGR History

YearStart FCFEnd FCFChange% ChangeCAGR
2025$2.00B$1.24B$-761.00M-38.11%-38.11%
2024$580.00M$2.00B+$1.42B+244.31%+244.31%
2023$-2.23B$580.00M+$2.81BN/AN/A
2022$-4.11B$-2.23B+$1.88BN/AN/A
2021$-5.70B$-4.11B+$1.59BN/AN/A
2020$691.70M$-5.70B$-6.39B-923.59%N/A
2019$-180.89M$691.70M+$872.59MN/AN/A
2018$2.31B$-180.89M$-2.49B-107.83%N/A
2017$22.33M$2.31B+$2.29B+10248.13%+10248.13%
2016$333.03M$22.33M$-310.70M-93.30%-93.30%
2015$-67.64M$333.03M+$400.67MN/AN/A
2014$648.29M$-67.64M$-715.93M-110.43%N/A
2013$90.23M$648.29M+$558.06M+618.45%+618.45%
2012$282.11M$90.23M$-191.88M-68.01%-68.01%
2011$-524.17M$282.11M+$806.28MN/AN/A
2010$-1.63B$-524.17M+$1.11BN/AN/A
2009$-1.15B$-1.63B$-480.39MN/AN/A
2008$-48.69M$-1.15B$-1.10BN/AN/A
2007$-232.07M$-48.69M+$183.39MN/AN/A
2006$681.46M$-232.07M$-913.53M-134.06%N/A
2005$446.32M$681.46M+$235.14M+52.68%+52.68%
2004$-171.73M$446.32M+$618.05MN/AN/A
2003$180.48M$-171.73M$-352.21M-195.15%N/A
2002$-1.10B$180.48M+$1.28BN/AN/A
2001$-582.33M$-1.10B$-521.45MN/AN/A
2000$-389.12M$-582.33M$-193.21MN/AN/A
1999$-124.59M$-389.12M$-264.53MN/AN/A
1998$-824.50M$-124.59M+$699.90MN/AN/A
1997$-422.90M$-824.50M$-401.60MN/AN/A

Quarterly Free Cash Flow: QoQ & YoY

QuarterValueQoQYoY
Q1 2026$1.33B+1050.0%+11.3%
Q4 2025$116.00M-87.3%
Q3 2025-$989.00M
Q2 2025$910.00M-24.1%
Q1 2025$1.20B+31.0%+10.4%
Q4 2024$915.00M+62.5%
Q3 2024$563.00M+48.9%
Q2 2024-$567.00M
Q1 2024$1.09B+2.6%
Q4 2023-$1.45B
Q3 2023$378.00M-36.6%
Q2 2023$596.00M-43.7%
Q1 2023$1.06B+158.2%
Q4 2022$409.80M
Q3 2022-$270.05M+43.3%+65.0%
Q2 2022-$476.02M+74.8%+30.5%

QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.

About Royal Caribbean Cruises Ltd.

Royal Caribbean Cruises Ltd. is a prominent global operator within the cruise sector. The company manages several well-known cruise lines, such as Royal Caribbean International, Celebrity Cruises, Azamara, and Silversea Cruises. Through these brands, it offers a wide array of voyages that call upon approximately 1,000 different destinations across the globe. As of February 25, 2022, its expansive fleet comprised 61 vessels. Established in 1968, the company's corporate headquarters are situated in Miami, Florida.

Miami, FL
105,950 employees
Consumer Cyclical / Travel Services
Sector
Consumer Cyclical
Industry
Travel Services
CEO
Jason T. Liberty